1. Digital Marketing Strategy
Truths & Fairy Tales
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George Tsiakas
Digital Marketing Leader
June 2019 Email: gtsiakas1@gmail.com
2. Agenda
• Communication Types
• Online Media Types
• The Heart of all Digital Strategy
• Metrics Framework
• KPIs & Benchmarking
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12. Owned Media
• A Channel the Brand Controls
• It is Owned by the Company
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13. Owned Media
• Websites
• Facebook Fan Pages
• Youtube Channels
• Mobile Applications
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14. Paid Media
• Advertising Messages served
through Paid Channels
(through Publishers)
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15. Paid Media
• Paid Search
• Paid Social
• Display
• Partnerships/ Reservations
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16. Earned Media
• User Sharing
• User Generated Content
(UGC)
• User Word of Mouth (WOM)
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17. Earned Media
• User Shares, Comments,
Reviews, Articles, Blog Posts,
Social Media posts
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18. LETS STRATEGIZE!
NOW WE KNOW WHERE & HOW TO PLAY SO,
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24. Awareness/ Acquisition
Engagement
Conversion
Retention
Create visibility of our
content/ messaging to
the Right Target
Audience
Create, Optimize & distribute
content/ messaging to
engage our audience where
possible
Use consumer data signals to
drive traffic to e-retailer
product pages
Retain the Users for Future
Communications
25. TIME TO BUILD A METRICS FRAMEWORK
RIGHT, YOU NOW HAVE THE FUNNEL
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26. Question Funnel Stage Metrics
Do people know the product/ service? Awareness Video Views
Facebook Reach
Mobile Application DAU & MAU
Did people care about it? Engagement Video Average Watchtime (minutes)
Time in App
Time on Website
Were people influenced by it? Conversion ROAS (Return on Advertising Spend)
CPC (on Facebook)
CTR (on Conversion Media)
What is those people Value over time? Retention Customer Retention Rate
Customer Lifetime Value
Metrics Framework Example: 11 Metrics that Matter
27. WHAT DO YOU NEED TO DO?
RIGHT, YOU NOW HAVE THE METRICS THAT MATTER
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28. SET UP KPIs/ TARGETS
THROUGH BENCHMARKING
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38. TV (Vast Majority Across the Globe)
• Media Scene: PRECISE
• Share of Spending (SOS): PRECISE
• Share of Voice (SOV): PRECISE
• Main Metric: GRP's PRECISE
• Markets Activity: TRACKED,
RECORDED
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39. DIGITAL MEDIA (Across the Globe)
• Media Scene: IMPRECISE
• Share of Spending (SOS): N/A
• Share of Voice (SOV): N/A
• Main Metrics: A Gazilion of them
Depending on the Case - All Precise but
Needs Human Intervention to make
direct comparisons
• Markets Activity: NOT TRACKED, NOT
RECORDED
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40. NOT TRACKED, NOT RECORDED?
WHAT??? MARKETS ACTIVITY
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41. WHAT DOES THIS MEAN?
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42. AGAINST THE INDUSTRY (SOS) & COMPETITORS (SOV)?
CAN WE "POSITION" OURSELVES ON MEDIA
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43. TV: WE CAN, DIGITAL: WE CANNOT
VERY SIMPLE:
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44. WORK IN SILOS
...BECAUSE DIGITAL MEDIA ACROSS THE GLOBE
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45. FLYING BLIND
SO, ON DIGITAL MEDIA WE ARE SORT OF
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46. CAN EFFICIENTLY BENCHMARK & BUILD HIGHLY EFFICIENT KPIs
& there is NO ONE that
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47. BENCHMARKING IS A FAIRY TALE
WE CAN ONLY MAKE APPROXIMATIONS
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48. OK, BUT WHAT CAN WE DO?
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49. OUR PERFORMANCE
We can IMPROVE
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50. OUR DIGITAL MEDIA PERFORMANCE
BY TRACKING & RECORDING
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52. DRIVE ON-GOING EFFECTIVENESS & EFFICIENCY
WITH THE GOAL TO
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53. WE WILL USE DATA...
...WHEN WE FINALLY MANAGE TO BENCHMARK LIKE THAT
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54. TRUTH
AS THE SINGLE SOURCE OF
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55. TO BENEFIT
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56. TOP LINE BENEFITS
• Measure, Compare & Optimize across
Markets/ Brands
• Run future attribution analysis against
other data sets (eg Sales figures)
• Make quick Global, Regional & Local
decisions
• Improve Campaign Efficiencies (eg Cost,
Targeting)
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57. FROM DATA TO WISDOM
TO ULTIMATELY ARRIVE
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58. ...WHILST WISDOM ALWAYS
COMES FROM THE TRUTH
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59. AND THE TRUTH IS
• Marketing your messages Digitally is
simple: 3 Types of Messages can go to 3
Types of Online Media
• The Funnel is the Heart of all Digital
Strategy
• Strategy has to be built on KPIs/ Targets
with a set of Metrics that matter per
Funnel Stage
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60. FAIRY TALES NOW?
SO WHERE ARE THE
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61. GONE?cc: Kenny Luo - https://unsplash.com/@kennyluoping?utm_source=haikudeck&utm_medium=referral&utm_campaign=api-credit