russian pharmaceutical forum - measurement of communication effectiveness
TRANSCRIPT
Measurement of
Communication
Effectiveness
Sergey Matveyuk, Analytics & Insights Director
BrandScience
Effectiveness is not the same as efficiency
http://blog.jackvinson.com/archives/2010/08/04/effectiveness_is_not_the_same_as_efficiency.html
• Do you want to do things well,
or do the right things?
• The difference between
efficiency and effectiveness is
exactly this difference.
Business, Communication, Media objectives
After what weight of TRP
should we stop running a
creative execution?
When the message becomes
irritating?
When the commercial no
longer stimulates
additional sales?
Quintile Analysis
Tracking
Sales Modeling
Pro
duct
Pro
mo
tio
n
CO
MM
UN
ICA
TIO
N
Pla
ce
Pri
ce
Pro
motion
M
ED
IA
Media effectiveness in changing environment
Air Thematic Radio Newspapers Magazines Internet SocialNetworks
Cinema Shoppingcenter
HoReCa0
20
40
60
80
100
2007
2013
44%
48% 5% 4% 9%
5%
21%
18%
12%
2007
2013
TV Print Radio Cinema Internet
Weekly reach %
Ad Investment (Total Market)
OOH
Source: TNS Media, АКАР
Brand Health &
Ad Performance Monitoring
Communication effectiveness
Approach • Ad campaign effectiveness
evaluation
• Creative materials testing
(concepts, spots, layouts)
Outcome • What is the impact of each
communication channel to ad
campaign recognition?
• Which ad materials are better
working?
• Is there enough branding in
the add?
Econometric modeling
Evaluation of marketing investments effectiveness
Approach • Statistical analysis of key business
indicators (brand awareness, distributor
visits, sales)
• Isolation and measurement of impact of
each factors that may have influence on
analyzed indicator
Outcome • Overall marketing mix optimization
• Setting up marketing budget to meet
business objectives
• Effective allocation of marketing
investments