A walkthrough of our update to some 2012 research (both in partnership with Tealium) on tags and tag management. Covers some of the practical impact (ROI, speed, etc.) of moving to a managed approach and touches on the larger state of mar-tech and how decisions in tag management play a role.
3. The ROI of Tag Management,
2015 Edition
Stefan Tornquist, VP Research, Econsultancy
4. The study and some context
A look at the marketer study behind this talk
Findings
Top findings on the impact and implementation of tag management
Looking ahead
Tag management at the center of martech evolution
Q&A
Today
5. The study
âą Over 300 respondents in January 2015
âą 63% in marketing management (21% EVP+)
âą Spread of revenue (36% $1B+)
âą Spread of industries (B2B+B2C)
6. The role of tag management
âEffectively managing website tags is fundamental to
digital marketing.â
7. Martech explosion
âHow has the number of digital marketing technology vendors
your organization uses changed in the last 12 months?
8. Brands still investing in martech
âHow has the number of digital marketing technology vendors
your organization uses changed in the last 12 months?â
9. Growth in heavy martech usage
Rise in average number of vendors (2012 vs 2015)
10. Martech categories
âHow has the number of digital marketing technology vendors
your organization uses changed in the last 12 months?â
ïŹ Attribution modelling
ïŹ Audience measurement
ïŹ Data management
ïŹ Display
advertising/Networks
ïŹ Personalization/Location
ïŹ Retargeting
ïŹ Search engine marketing
ïŹ Social
ïŹ Testing/Optimization
ïŹ Web analytics
60% saying theyâve increasedâŠrises to 85% for those with revenue over $100MM
When we add a revenue component, you see the share of those with over 20 climb to roughlyl 75%
This list is very much a partial oneâŠrecent investment has been surging in customer experience managementâŠbut that extends into nearly every corner of the industryâŠdataâŠtesting/analyticsâŠmobile data collectionâŠ
Toss to ErikâŠwhere does Tealium see the most shift right now?
Another factor thatâs drives the view that tags are fundamental to digital is that they bind the data from an increasing number of platformsâŠ
Complexity is the key driver in the move to get tags under controlâŠthat complexity obviously comes from Martech proliferationâŠand trying to get those systems talkingâŠbut itâs also contributed to by having groups outside marketing control tag management. Sometimes that control is exclusive, sometimes itâs shared.
One of the recurring themesâŠin 2012 and todayâŠis that the decision to move to a managed service can be as much about independence for marketing as about the increase in efficiency.
That independce comes from becoming independent of IT/tech involvement.
Tag management is boring
Boredom introduces resistance and inaccuracy
Resistance breeds delays
Inaccuracy breeds mistakes, gaps in data, etc.
We see these and other challenges to efficiencyâŠ
Takes the valuable tech resource awayâŠthey could be improving your shopping cart or figuring out why registered users are still getting page overlays inviting them to registerâŠ
Too longâŠthis was the #1 problem in 2012 and itâs still a strong secondâŠmarketing doesnât move slowly, but tag implementation doesâŠthereâs always something more interesting on the list for IT/techâŠand campaigns suffer for it
IncompleteâŠthis goes to the accuracy problemâŠand itâs a big oneâŠonce an implementation is âdoneâ there are still problems.
To the question of speedâŠ
Youâll see a dramatic differenceâŠover 75% get it doen the same dayâŠand we see that the remaining 25% of companies are those wehre marketing doesnât own TMSâŠso itâs really a version of the old problemâŠeven through the TMS allows for very quick implementation, marketing is still waiting on someone elseâs queue.
With better, cleaner data thatâs easier to use, you see a variety of benefits to marketing and the businessâŠmost cites is better measurement because marketers can access and trust their dataâŠ
The two of most interst are financialâŠwith greater efficiency comes better campaign ROIâŠand increased revenueâŠand some of that result is coming from the next point downâŠwhen they donât need to worry about tag implementation and have better control, marketers do more optimization of their campaigns in all channels, and performance increases.
The other way to look at that is the cost of timeâŠour most precious recource in marketingâŠover 80% of those who have switched to TMS say that itâs made tagging less expensive, with 56% saying that difference is significant.
Thatâs costâŠthe other side of efficiency is speedâŠ78% say campaign deployment is fasterâŠ
61% see that speed on their websites themselves, as the loading of tags gets taken out of the equationâŠ
Going back to how tags are now used beyond the primary websiteâŠmobile campaign management also beneifts, with 76% saying itâs got a somewhat or very positive effect ontheir capability in this area.
For these final few charts Weâve split out the folks who are using a TMS from those still doing manual tagging and exploring their options.
Often in tech expectations donât match up well with the realityâŠbut with something as straightforward as TMS, we see a pretty strong matchâŠmarketers expect faster time to marketâŠand they get itâŠthey expect to be more agile as they get free of IT/TechâŠand they get itâŠone area where they donât match up exactly is reduced costsâŠmore companies realize that benefit than expect toâŠgoes to the question of âwhat is freeââŠnothingâŠtime isnât freeâŠ
Again we split the audienceâŠfor those complemplating TMS, itâs worth looking at the experience of those currently using it, and where they see their vendors bringing valueâŠobviously itâs a company to company questionâŠbut worth notinmg in particularâŠ.abilty to unify data and vendor neutrality
Whatâs stopping those who havenât gone forwardâŠuse cases for manyâŠthey havenât take the time to do the analysisâŠthe fact that there is a cost associated slows othersâŠbut as weâve seen, thatâs a false argument for mostâŠunless tags are sparse or static on your sites and mobile platforms, itâs highly unlikely to cost more to move tomanaged systemsâŠ
FinallyâŠtaking it up one levelâŠletâs think about where mar-tech is today and where itâs headedâŠ.
Incresaingly as an industry weâre agreeing that the future is real timeâŠitâs dynamicâŠitâs personalized to the userâŠand itâs remarkably rich in dataâŠ
Itâs a world where experimentation and the ability to implement new tech and platforms will continue to be part of our everyday lives as marketers
And itâs a world where the ability to move from one vendor to another will matterâŠif youâre an organization that wants to work with the best-in-class for a given channel or platform, you want to be able to bring it in seamlesslyâŠor get rid of one that isnât working for youâŠthatâs an important consideration in approaching tag managementâŠ.