8. Leading global provider of CPG intelligenceinnovative solutions and services, and integrated empirical information on markets, consumers and shoppers Enabler of CPG, healthcare and retail companiesto dramatically increase revenue, build brands and improve productivity Our Mission to help our clients get to a higher level of performance in leveraging insights and analytics to drive superior outcomes As a global leader and indispensable partner in helping our clients grow their businesses through insight, innovation and impact. 4 4
10. Community Development Cause Marketing Cultivate UGC Product Planning Boost Online SOV Deepen Brand Relationships Increase Purchase Intent Market Research Build Awareness Generate Sales Reputation Management Reduce Cost of Customer Engagement Circulate Offers Consumer Insights Employee Recruitment Increase Brand Trust Improve Customer Service Launch New Products Employee Monitoring Promote Local Events Brand Positioning Copy Testing And So Are the Opportunities
35. Marketing Mix Modeling - Data Input Example Why does this data work? Weekly data 1 Granularity 2 Variability 3 Impression Effectiveness 4
36. Analytic Partners Media Effectiveness Weekly Impression Data By Channel IncrementalSales ROI TV PRINT DIGITAL Other 3rd Party Analytic Partners WORD OF MOUTH Marketing Mix Modeling – Process
37. # Campaigns # Brands # Products # of Analytic Companies 25 10 17 6 WOM ROI on average performs favorably Marketing Mix Modeling – BzzAgentMMM Results To Date
38. Large marketers, like CPGs, are increasingly demanding that social marketing spend is accountable ROI is a financial metric Deliver ROI by approaching social marketing with a direct response mindset Key Takeaways Track volume, time, and location of campaign impressions, then correlate with actual transaction data Work with 3rd party analytics providers, internal analytics teams, & industry experts to use methods like matched market analysis, marketing mix modeling,
40. Thank You JP Beauchamp jon.beauchamp@symphonyiri.com Malcolm Faulds mfaulds@bzzagent.com Steve McLaughlin smclaughlin@bzzagent.com www.symphonyiri.com about.bzzagent.com @bzzagent
Hinweis der Redaktion
Show CPG companiesBusiness objective: drive salesCompanies: that are doing itActivities they can measureArrive at set-up: these methods are best for measuring sales in offline sales channel: grocery, drug and mass
Actual sales dataAble to isolate campaign impact Able to measure “incremental” salesStatistically valid Representative / projectable (if market/sample based)3rd party analytic expertise / validation
IRI to list / talk about a broad list of sales & ROI measurement methods brands can / are usingIncluding Matched Market Testing and Marketing Mix Modeling – since we are focusing / diving deeper into these 2 with examples On subsequent slides include examples of MMT and MMM (BzzAgent related), and consider one or 2 other examples if IRI has them or just stick with those 2)
This case will probably run multiple slides.
How it works for a social marketing campaignWhat data you need to measure & how…. BzzAgent campaign dataset example