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Using Technology to Track and Measure Event ROI
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Lesley Pinckney
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A primer for event marketers, who are interested in building ROI models.
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Using Technology to Track and Measure Event ROI
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Using Technology toTrack and
Measure Event ROI Lesley Pinckney, SVP Digital Strategy – GMR Marketing
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2© 2015 GMR
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3© 2015 GMR
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4© 2015 GMR
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5© 2015 GMR
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6© 2015 GMR
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7© 2015 GMR
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8© 2015 GMR
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9© 2015 GMR
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10© 2015 GMR •
78% OF MILLENNIALS PREFER EXPERIENCES OVER THINGS • 82% OF MILLENNIALS ATTENDED A LIVE EVENT • 55% OF MILLENIALS ARE SPENDING MORE ON LIVE EVENTS & 72% PLAN TO SPEND MORE • 69% HAVE FOMO • 69% BELIEVE ATTENDING LIVE EVENTS AND EXPERIENCES MAKE THEM MORE CONNECTED
11.
EVENTS ARE QUICKLY BECOMING
THE MOST IMPORTANT PART OF THE MEDIA MIX 11© 2015 GMR
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12© 2015 GMR EVENTS Social
Mobile Content Data CRM/A ud. Sci. MILLENNIALS
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DATA-RESEARCH Passive Tactics: • NFC/RFID/Beacons •
Gamification • Social Listening • Measures: • Interest – content consumption, activation element • Time – arrivals, time spent, departures, • Social Sentiment, conversation Active Tactics: • Surveys/Polls • Data Capture • Measures: • Qualitative • Quantitative • PII – name, handle, zip, cell, etc. 13© 2015 GMR
14.
CRM&COMMUNITYBUILDING • Events provide
a great backdrop to engage with consumers. Digital & social has made it easier than ever to extend that engagement beyond the event. • What you need to know: • CRM (ROI)/SOCIAL (Brand Sentiment) • How can you calculate cost per lead? Cost per Fans/Followers? • Divide event cost by number of leads & compare to other channels • Talk to your social team • Determine conversion rate? • Ask the sales people what is the standard? • Track event attendees as well • Understand the lifetime value of your consumer? • FINANCE • ??? – consider joining with the social team to find out 14© 2015 GMR
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AUDIENCESCIENCE/AD TECH Using data
science to help us identify the targets and evaluate their influence, we aim to be as efficient with media as possible. We plan to leverage as many data sets as possible to inform our targeting strategy, and once someone expresses interest, create a messaging hierarchy that is optimized over time. We can also use the data to expand our audience over time. 15© 2015 GMR EVENTS HYPER-PRECISE TARGETING SITE VISITOR RETARGETING DISPLAY MOBILE SOCIAL SEARCH LOOK-A-LIKE AUDIENCES (PHASE 2) HYPERPRECISE TARGETING OF SIMILAR PEOPLE DISPLAY MOBILE SOCIAL SEARCH
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16© 2015 GMR
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CONTENT EVENTS ARE GREAT
BACKDROPS FOR CONTENT: 17© 2015 GMR + 🚣 🏊 🏄 🛀 🏂 🎿 ⛄️ 🚴 🚵 🏇 ⛺️ 🎣 ⚽️ 🏀 🏈 ⚾️ 🎾 🏉 ⛳️ 🏆 🎽 🏁 🎹 🎸 🎻 🎷 🎺 🎵 🎶 🎼 🎧 🎤 🎭 🎫 🎩 🎪 🎬 🎨 🎯 🎱 🎳 🎰 🎲 🎮 🎴 🃏 🀄️ 🎠 🎡 🎢 CELEBRITY PERSONAL PASSIONS
18.
ORALB500–MADEINAMERICA 18© 2015 GMR Race
Sponsorship Footprint 95MM FB ESTIMATED IMPRESSIONS 2.4 MM TWITTER IMPRESSIONS Estimated Content Reach Footprint C O N T E N T & P R O M O T I O N 111K $0.15 CPM!
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19© 2015 GMR
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NEXTSTEPS 1. Do your
homework on the status/challenges with current research, CRM, and content projects. Know the internal pain points. 2. Collaborate with the other “non”-brand* departments they all benefit from more data-driven philosophies – digital, social, audience, media, *evolved brand agencies 3. If you work with an agency make sure they has significant digital strategy chops to help you sell and build this infrastructure to your organization, but don’t worry it will be well received. 4. Work with your analytics team to set up the proper tagging to level-set the data, especially if you have e-commerce! 5. Fight for ownership of consumer engagement data streams 20© 2015 GMR
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21© 2015 GMR
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Thank you. Lesley Pinckney lpinckney@gmrmarketing.com @LesleyPInckney www.lesleypinckney.com 22©
2015 GMR
Hinweis der Redaktion
1870 Census
Eventbrite Study
Avg. FB Fans 303 Avg. Twitter Followers 208 ~6.00 CPM if we go super conservative
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