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From Multi Channel
   to Cross Channel Marketing

Maximizing Campaign Performance



           George Frangakis
Multi Channel Marketing
   Not a New Game
Time spent on Media
Digital is Increasingly at the
Centre of the Marketing Mix
No more passive media
    consumption
      The digital user Interacts
         We have the data
   We can measure beyond the click
Indicative Digital Channels




        Display



                              ?
The Issues
Too much information in too many places: 35%
  Organizations say that integrating multiple data sources is a challenge


They don’t understand the benefits: 30%
  Having a hard time understanding how marketing analytics use


They lack the talent: 30%
  Having problems finding the right people with the right knowledge


                                    2013 Big Data for Marketing, Aberdeen Group
The Issues




Forrester 2012
Define KPI Across Channels
Likes    Cost Per Like
  Conversions          Engagement
        Number of leads
                             Lead conversion rate
                Cost of lead / sale
          Sales revenue      Cost Per Action
                     Transaction value per customer
   Lifetime value of customers
                          Share of repeat customers
Last Click Attribution?
Customer clicks across channels
Who Converts – Who Wins?
Nick Galis or The Team
Conversion Journey
Conversion Attribution
Perceived Path to Conversion
Actual Path to Conversion


                               RESEARCH

Consumer
  Path                                         Shop
                                CLICK     Purchase - Lead




                               INTERACT
Purchase is a culmination of the
  cumulative influence of all
      marketing efforts
Cross Channel Marketing Automation




      Bidding is a Dynamically Changing Environment
   Can provide Cross Channel Changes and opportunities
Cross Channel Marketing Automation




 Centralised Monitoring Enable Fast Cross Channel Decisions
No more passive media
       spend
Cross Channel Marketing
        Centralised monitoring
        Automated Decisions
1.   Gather Cost and performance data
2.   Over a targeted time window
3.   Generate and validate attribution rules
4.   Automate media decisions

            Better ROI
Financial Offer

        Cross Channel Marketing is:

       Centralised Data Monitoring
           Automated Decisions
         Cross Channel Attribution
        Cross Channel Optimization



        See the big picture
Thank You!               www.forestview.eu
Cross Channel Attribution Models
• First interaction, last interaction attribution
• Position based - assign attribution based on the position of a
  touch point along a touch point path.
• Linear - All touch points are equally effective, attribute evenly
• Customized - arbitrary attribution that reflects managerial
  judgment on the position of the touch point, touch point type or
  traffic source.
• Time decay -      systematically assigns a higher attribution
  weight to a touch point that is closer to the final conversion. Speed
  of decay can be controlled.
Optimise
          Images
            Text
         Interests
        Age Groups
        Type of ads
           Time
          Banners
         Websites
Each Communication Channel
  Daily Monitoring Process

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From multi-channel to cross-channel marketing

  • 1. From Multi Channel to Cross Channel Marketing Maximizing Campaign Performance George Frangakis
  • 2. Multi Channel Marketing Not a New Game
  • 4. Digital is Increasingly at the Centre of the Marketing Mix
  • 5. No more passive media consumption The digital user Interacts We have the data We can measure beyond the click
  • 7. The Issues Too much information in too many places: 35% Organizations say that integrating multiple data sources is a challenge They don’t understand the benefits: 30% Having a hard time understanding how marketing analytics use They lack the talent: 30% Having problems finding the right people with the right knowledge 2013 Big Data for Marketing, Aberdeen Group
  • 9. Define KPI Across Channels Likes Cost Per Like Conversions Engagement Number of leads Lead conversion rate Cost of lead / sale Sales revenue Cost Per Action Transaction value per customer Lifetime value of customers Share of repeat customers
  • 10. Last Click Attribution? Customer clicks across channels
  • 11. Who Converts – Who Wins?
  • 12. Nick Galis or The Team
  • 14. Conversion Attribution Perceived Path to Conversion Actual Path to Conversion RESEARCH Consumer Path Shop CLICK Purchase - Lead INTERACT
  • 15. Purchase is a culmination of the cumulative influence of all marketing efforts
  • 16. Cross Channel Marketing Automation Bidding is a Dynamically Changing Environment Can provide Cross Channel Changes and opportunities
  • 17. Cross Channel Marketing Automation Centralised Monitoring Enable Fast Cross Channel Decisions
  • 18. No more passive media spend
  • 19. Cross Channel Marketing Centralised monitoring Automated Decisions 1. Gather Cost and performance data 2. Over a targeted time window 3. Generate and validate attribution rules 4. Automate media decisions Better ROI
  • 20. Financial Offer Cross Channel Marketing is: Centralised Data Monitoring Automated Decisions Cross Channel Attribution Cross Channel Optimization See the big picture Thank You! www.forestview.eu
  • 21. Cross Channel Attribution Models • First interaction, last interaction attribution • Position based - assign attribution based on the position of a touch point along a touch point path. • Linear - All touch points are equally effective, attribute evenly • Customized - arbitrary attribution that reflects managerial judgment on the position of the touch point, touch point type or traffic source. • Time decay - systematically assigns a higher attribution weight to a touch point that is closer to the final conversion. Speed of decay can be controlled.
  • 22. Optimise Images Text Interests Age Groups Type of ads Time Banners Websites Each Communication Channel Daily Monitoring Process

Hinweis der Redaktion

  1. Who converts Nick Galis or the team
  2. Follow roughly the same week weekend pattern Starting point of CPA FB is better then grows CPC FB always lower but increasing and raises CPA with more budget shifting to Google More money in Google