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NO BS: 5 Real Ways to
Measure Influencer
Marketing ROI
RUSTIN BANKS, CPO TAPINFLUENCE
@Kissmetrics
#KissWebinar
@thuelmadsen
Thue is the Kissmetrics Webinar Wizard and Marketing
Ops Manager. Before joining forces with Kissmetrics, he
was a Lyft driver in SF, which is also how he ended up as
a Kissmetrics marketer. Whenever Thue is not trying to
automate everything around him, you can find him hiking
in the Sierras.
THUE MADSEN
Marketing Operations Manager, Kissmetrics
@ThueLMadsen
Rustin has been working on scaling and measuring
influencer marketing for over 7 years. He has a Masters
Degree in Electrical Engineering and left his position in
Aerospace to start TapInfluence in 2009. Banks has been
named by Forbes as one of the top Ten Leaders
Changing Content Marketing..
RUSTIN BANKS
Cofounder, Chief Product Officer & Head of
Measurement, TapInfluence
@rustinb
@tapinfluence
#KissWebinar
@rustinb
1 Introduction to Modern Influencer Marketing
Loyalty Card Data
Credit Card Purchase
Pin to Purchase
Share of Voice
Ecommerce
Bonus tip: SMB & B2B
2 Five Definitive ROI Measurement Methods
3 Putting It Together
TABLE OF CONTENTS
WATCH WEBINAR RECORDING NOW
Introduction to Modern
Influencer Marketing
NO MORE FLUFF AROUND INFLUENCER MARKETING ROI
Searches for Influencer
Marketing = 5x growth in 20151
	
1. Google Trends January 2016
Adblock is 40% for Millennials
and growing fast2
	
2. PageFair & Adobe 2014 Report
Content Marketing is #1 priority
for CMOs in 20163
	
3. Fanatics Media and Marketo Study
“Last step for big dollars to flow
into Influencer Marketing is
Measurement…” – Disney4
	4. Personal conversation with Rustin Banks
Five Ways to Measure ROI
Loyalty Card Data
Credit Card Data
Pin to Purchase
Credit Card Data
Ecommerce
1. Loyalty Card Data
1.  Data Partnerships
2.  Example Results
3.  Secret Performance Sauce
LOYALTY CARD DATA MEASUREMENT AND PROVIDERS
Image credit: NCS
Sales Effect Study Webinar | 14
TapInfluence partnered with a Fortune 500
Food Brand and Nielsen Catalina
Solutions to complete the first ever
Influencer Marketing Sales Effects Study.
Partnership with Nielsen
Who They Chose
258 Top Fitness & Food Influencers,
chosen using the Tap data layer that
optimizes for performance.
The Content
Influencers created content for “Meatless Mondays”
All include references
to Brand Products
(and full FTC Disclosure)
The Content
¼ cup Silk Unsweetened Vanilla Almond milk
Sales Effect Study Webinar | 18
Influencer Distribution
Content was also shared via influencers’ social
networks, no additional paid distribution
Sales Effect Study Webinar | 19
All Automated by TapInfluence Platform
Entire process automated, managed and tracked by the TapFusion
platform, including payments & FTC disclosure insertion
Automated Pixel Insert
Special NCS tracking pixel
automatically inserted by software
into blog content for every post
When someone clicks over to the
post from social media, the NCS
tracking pixel fires and that person
is attempted to be matched to their
loyalty card data
Sales Effect Study Webinar | 21
Methodology Measure purchases of exposed consumers
vs. control group Campaign: Sep – Nov 2015
Incremental Sales
Exposed household purchases during
the campaign in addition to their normal
purchase behavior
Campaign
Starts
Last Post Goes
Live
Campaign
EndsMonth
$Sales/Household
Sales Effect Study Webinar | 22
What We Learned
Exposed consumers
purchased more.
Compared to the control
group, exposed buyers
purchased significantly
more product on each
purchase occasion
Sales Effect Study Webinar | 23
There was a
competitive shift
away from
competitors
products.
What We Learned
Brand Products
What about
Sales Lift?
Normalized:
Sales lift data is normalized to incremental sales
(over the control group) PER 1000 Impressions
Sales Effect Study Webinar | 26
1000 people viewing influencer content
generated $285 of incremental sales
over the control group which…
“Blows traditional digital advertising
results out of the water.”
- Customer
Sales Lift Results
Sales Effect Study Webinar | 27
Incremental sales per 1000:
Are the results good?
Display Ads: Milk Category - $16 per 1000 impressions
Influencer Marketing: Silk - $285 per 1000 views
Influencer marketing cost per 1000 views is higher
than Display Ads cost per 1000 impressions
Sales Effect Study Webinar | 28
1. True Engagement
With influencer marketing, an
impression means a truly engaged
individual vs display advertising where
an impression may or may not have
even been seen
Why more sales / impression?
Sales Effect Study Webinar | 29
2. Halo Effect
The Halo effect carries over to the brand the
influencer creates content for. Not so with display
ads. People know that ads on the side rail of an
influencers site are not associated or endorsed by
the influencer so there is no halo.
Why more sales / impression?
Sales Effect Study Webinar | 30
Limitless Potential Value from Reuse
You can fuel your brand’s entire social media pipeline by re-using influencer
content. Influencer content can be more cost effective than an internal design
team, with the added value of distribution to the influencers audience.
Sales Effect Study Webinar | 31
Impressions After
Study = More Sales
An additional 2x Impressions generated post campaign.
We can assume they resulted in additional sales not
accounted for in sales study window
540k 1.3M+
Impressions
as of Nov 30th 2015
Impressions as of Feb 29th 2015
(without additional posts or paid
distribution) due to organic
search, Pinterest, etc
… and counting
Sales Effect Study Webinar | 32
Study Program: Views / Month
Views Per Month – Meatless Monday
Posts Going Live Post Program Impressions (very long tail)
Organic spike in
February due to Super
Bowl (Football based
content)
Sales Effect Study Webinar | 33
The Gift That Keeps on Giving:
More Views = Lower Cost
Effective CPM has a half life of 3 months (every 3 months, CPM is halved)
Optimized Effective CPM- Meatless Monday
So what’s the
actual ROI?
Sales Effect Study Webinar | 35
ROI from Blog Posts Only ($ for $)
Every 3 Months ROI Doubles
Return $/$ - Meatless Monday
Sales Effect Study Webinar | 36
Not Included:
Shopable Views from Social
An additional 4M Views (5x vs blog posts) on Pinterest which generate shopping
without tracking
03.
How did they get
this performance?
Sales Effect Study Webinar | 38
Trifecta of Data
Sales Effect Study Webinar | 39
Performance Data
Influencer Cost Per
Engagement data
from prior
assignments used
to select highest
value influencers.
YES
NO
Sales Effect Study Webinar | 40
Audience Data
Use new Audience
Insights to optimize
influencer selection
even more to better
reach WhiteWave
consumers and further
increase sales.
Target
Influencers by
audience age,
location, etc
Select Influencers by audience
2. Credit Card Data
Retail Sales with Kohl’s
•  Use credit card data to measure in store retail sales from
consumers exposed to content (retail stores only)
3. Pin to Purchase
Pin Model with Ragu
1 jar Ragu® Alfredo Sauce
Purchasers:
24,511
ROI (Short
Term Sales):
$4 / $
Kraft drives ROI
This Kraft program drove
710k pins and a measured
$426k in short term sales for
Kraft (using Pinterest survey
method). Kraft spent $12k on
Influencers.
4. Share of Voice
Share of Voice with Origins
•  Share of voice vs competitors directly related to market share
•  Moving share of voice 5% versus competitors results in 5% increase
in market share
5. Ecommerce
Credit:	Harvest	h.p://www.slideshare.net/asprilla/measure-fest-panos-tsimpos-a.ribu;on-modelling
1. Use Pixel Based Attribution
Influencer marketing usually does
not lead to impulse purchases
Credit:	Harvest	h.p://www.slideshare.net/asprilla/measure-fest-panos-tsimpos-a.ribu;on-modelling	
Exposure Exposure
First Exposure: 50%
Last Exposure: 30%
Credit:	Harvest	h.p://www.slideshare.net/asprilla/measure-fest-panos-tsimpos-a.ribu;on-modelling
Instagram: Use Last Exposure
Before Search
search
Credit:	Harvest	h.p://www.slideshare.net/asprilla/measure-fest-panos-tsimpos-a.ribu;on-modelling
BONUS: Tip for SMB &
B2B
Social Media – Friend
Social Media – Someone I Follow
“How did you hear about us?”
“When I’m ready for an influencer
marketing platform, I’m going to
check out TapInfluence”
Look for Organic Search Spikes
Summary: Measure ROI
Loyalty Card Data
Credit Card Data
Pin to Purchase
Credit Card Data
Ecommerce
LEARN MORE NOW
Discover how Kissmetrics can help you optimize your marketing
THUE MADSEN
Marketing Operations Manager, Kissmetrics
@ThueLMadsen
tmadsen@kissmetrics.com
Questions?
RUSTIN BANKS
CPO & Cofounder, TapInfluence
@rustinb
rustin@tapinfluence.com

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No BS: How to Measure Real Influencer ROI

  • 1. NO BS: 5 Real Ways to Measure Influencer Marketing ROI RUSTIN BANKS, CPO TAPINFLUENCE
  • 3. Thue is the Kissmetrics Webinar Wizard and Marketing Ops Manager. Before joining forces with Kissmetrics, he was a Lyft driver in SF, which is also how he ended up as a Kissmetrics marketer. Whenever Thue is not trying to automate everything around him, you can find him hiking in the Sierras. THUE MADSEN Marketing Operations Manager, Kissmetrics @ThueLMadsen Rustin has been working on scaling and measuring influencer marketing for over 7 years. He has a Masters Degree in Electrical Engineering and left his position in Aerospace to start TapInfluence in 2009. Banks has been named by Forbes as one of the top Ten Leaders Changing Content Marketing.. RUSTIN BANKS Cofounder, Chief Product Officer & Head of Measurement, TapInfluence @rustinb
  • 5. 1 Introduction to Modern Influencer Marketing Loyalty Card Data Credit Card Purchase Pin to Purchase Share of Voice Ecommerce Bonus tip: SMB & B2B 2 Five Definitive ROI Measurement Methods 3 Putting It Together TABLE OF CONTENTS
  • 7. Introduction to Modern Influencer Marketing NO MORE FLUFF AROUND INFLUENCER MARKETING ROI
  • 8. Searches for Influencer Marketing = 5x growth in 20151 1. Google Trends January 2016
  • 9. Adblock is 40% for Millennials and growing fast2 2. PageFair & Adobe 2014 Report
  • 10. Content Marketing is #1 priority for CMOs in 20163 3. Fanatics Media and Marketo Study
  • 11. “Last step for big dollars to flow into Influencer Marketing is Measurement…” – Disney4 4. Personal conversation with Rustin Banks
  • 12. Five Ways to Measure ROI Loyalty Card Data Credit Card Data Pin to Purchase Credit Card Data Ecommerce
  • 13. 1. Loyalty Card Data 1.  Data Partnerships 2.  Example Results 3.  Secret Performance Sauce
  • 14. LOYALTY CARD DATA MEASUREMENT AND PROVIDERS Image credit: NCS
  • 15. Sales Effect Study Webinar | 14 TapInfluence partnered with a Fortune 500 Food Brand and Nielsen Catalina Solutions to complete the first ever Influencer Marketing Sales Effects Study. Partnership with Nielsen
  • 16. Who They Chose 258 Top Fitness & Food Influencers, chosen using the Tap data layer that optimizes for performance.
  • 17. The Content Influencers created content for “Meatless Mondays”
  • 18. All include references to Brand Products (and full FTC Disclosure) The Content ¼ cup Silk Unsweetened Vanilla Almond milk
  • 19. Sales Effect Study Webinar | 18 Influencer Distribution Content was also shared via influencers’ social networks, no additional paid distribution
  • 20. Sales Effect Study Webinar | 19 All Automated by TapInfluence Platform Entire process automated, managed and tracked by the TapFusion platform, including payments & FTC disclosure insertion
  • 21. Automated Pixel Insert Special NCS tracking pixel automatically inserted by software into blog content for every post When someone clicks over to the post from social media, the NCS tracking pixel fires and that person is attempted to be matched to their loyalty card data
  • 22. Sales Effect Study Webinar | 21 Methodology Measure purchases of exposed consumers vs. control group Campaign: Sep – Nov 2015 Incremental Sales Exposed household purchases during the campaign in addition to their normal purchase behavior Campaign Starts Last Post Goes Live Campaign EndsMonth $Sales/Household
  • 23. Sales Effect Study Webinar | 22 What We Learned Exposed consumers purchased more. Compared to the control group, exposed buyers purchased significantly more product on each purchase occasion
  • 24. Sales Effect Study Webinar | 23 There was a competitive shift away from competitors products. What We Learned Brand Products
  • 26. Normalized: Sales lift data is normalized to incremental sales (over the control group) PER 1000 Impressions
  • 27. Sales Effect Study Webinar | 26 1000 people viewing influencer content generated $285 of incremental sales over the control group which… “Blows traditional digital advertising results out of the water.” - Customer Sales Lift Results
  • 28. Sales Effect Study Webinar | 27 Incremental sales per 1000: Are the results good? Display Ads: Milk Category - $16 per 1000 impressions Influencer Marketing: Silk - $285 per 1000 views Influencer marketing cost per 1000 views is higher than Display Ads cost per 1000 impressions
  • 29. Sales Effect Study Webinar | 28 1. True Engagement With influencer marketing, an impression means a truly engaged individual vs display advertising where an impression may or may not have even been seen Why more sales / impression?
  • 30. Sales Effect Study Webinar | 29 2. Halo Effect The Halo effect carries over to the brand the influencer creates content for. Not so with display ads. People know that ads on the side rail of an influencers site are not associated or endorsed by the influencer so there is no halo. Why more sales / impression?
  • 31. Sales Effect Study Webinar | 30 Limitless Potential Value from Reuse You can fuel your brand’s entire social media pipeline by re-using influencer content. Influencer content can be more cost effective than an internal design team, with the added value of distribution to the influencers audience.
  • 32. Sales Effect Study Webinar | 31 Impressions After Study = More Sales An additional 2x Impressions generated post campaign. We can assume they resulted in additional sales not accounted for in sales study window 540k 1.3M+ Impressions as of Nov 30th 2015 Impressions as of Feb 29th 2015 (without additional posts or paid distribution) due to organic search, Pinterest, etc … and counting
  • 33. Sales Effect Study Webinar | 32 Study Program: Views / Month Views Per Month – Meatless Monday Posts Going Live Post Program Impressions (very long tail) Organic spike in February due to Super Bowl (Football based content)
  • 34. Sales Effect Study Webinar | 33 The Gift That Keeps on Giving: More Views = Lower Cost Effective CPM has a half life of 3 months (every 3 months, CPM is halved) Optimized Effective CPM- Meatless Monday
  • 36. Sales Effect Study Webinar | 35 ROI from Blog Posts Only ($ for $) Every 3 Months ROI Doubles Return $/$ - Meatless Monday
  • 37. Sales Effect Study Webinar | 36 Not Included: Shopable Views from Social An additional 4M Views (5x vs blog posts) on Pinterest which generate shopping without tracking
  • 38. 03. How did they get this performance?
  • 39. Sales Effect Study Webinar | 38 Trifecta of Data
  • 40. Sales Effect Study Webinar | 39 Performance Data Influencer Cost Per Engagement data from prior assignments used to select highest value influencers. YES NO
  • 41. Sales Effect Study Webinar | 40 Audience Data Use new Audience Insights to optimize influencer selection even more to better reach WhiteWave consumers and further increase sales. Target Influencers by audience age, location, etc Select Influencers by audience
  • 43. Retail Sales with Kohl’s •  Use credit card data to measure in store retail sales from consumers exposed to content (retail stores only)
  • 44. 3. Pin to Purchase
  • 45. Pin Model with Ragu 1 jar Ragu® Alfredo Sauce Purchasers: 24,511 ROI (Short Term Sales): $4 / $
  • 46. Kraft drives ROI This Kraft program drove 710k pins and a measured $426k in short term sales for Kraft (using Pinterest survey method). Kraft spent $12k on Influencers.
  • 47. 4. Share of Voice
  • 48. Share of Voice with Origins •  Share of voice vs competitors directly related to market share •  Moving share of voice 5% versus competitors results in 5% increase in market share
  • 51. 1. Use Pixel Based Attribution Influencer marketing usually does not lead to impulse purchases
  • 53. First Exposure: 50% Last Exposure: 30% Credit: Harvest h.p://www.slideshare.net/asprilla/measure-fest-panos-tsimpos-a.ribu;on-modelling
  • 54. Instagram: Use Last Exposure Before Search search Credit: Harvest h.p://www.slideshare.net/asprilla/measure-fest-panos-tsimpos-a.ribu;on-modelling
  • 55. BONUS: Tip for SMB & B2B
  • 56. Social Media – Friend Social Media – Someone I Follow “How did you hear about us?”
  • 57. “When I’m ready for an influencer marketing platform, I’m going to check out TapInfluence”
  • 58. Look for Organic Search Spikes
  • 59. Summary: Measure ROI Loyalty Card Data Credit Card Data Pin to Purchase Credit Card Data Ecommerce
  • 60. LEARN MORE NOW Discover how Kissmetrics can help you optimize your marketing
  • 61. THUE MADSEN Marketing Operations Manager, Kissmetrics @ThueLMadsen tmadsen@kissmetrics.com Questions? RUSTIN BANKS CPO & Cofounder, TapInfluence @rustinb rustin@tapinfluence.com