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Digital Marketing Class 5 with Philippa Gamse, CMC

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Page 1: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Digital MarketingClass 5

withPhilippa Gamse, CMC

Page 2: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Digital Analytics

Page 3: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Question: What is digital analytics?

Page 4: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

“Digital analytics is the analysis of qualitative and quantitative data … to drive continual improvement of your customers’ and potential customers’ online experience … which translates to your desired outcomes (both online and offline).”

Avinash Kaushik, Author “Web Analytics 2.0”

Page 5: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Universal Analytics

Source: Google

Page 6: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%
Page 7: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Source: Databox

Page 8: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

What is an Insight?

•“Sales are trending upwards”

•“Sales are trending upwards due to holiday gift-buying”

•“Sales are trending upwards due to recent issues with the competitors’ products”

Page 9: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Example: Offline Campaign

• 100,000 direct mail coupons• 700 redeemed in store• Campaign performance = 700/100,000 = 0.7%

Page 10: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Example: Offline / Online Campaign• 100,000 direct mail offers of

coupon on website• 8,250 website visitors

• 700 coupons redeemed in store

• Campaign performance = 700/100,000 = 0.7%

• Interest level = 8,250/100,000 = 8.25%

• Website conversion rate = 700 / 8,250 = 8.5%

Page 11: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Potential Insights

• 8,250 people were interested:• How can we increase this number

by improving the direct mail?

• 8.5% conversion rate:• How can we increase this?

• 700 sales:• How can we increase the average

order value / upsell or cross-sell?

Page 12: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Example: Offline / Online Campaign

• 700 coupons redeemed in store• $75 revenue per sale• Total revenue = $52,500

Achieving a 1% improvement in conversion rate:• 785 coupons redeemed in store• Total revenue = $58,875• 112% improvement in revenue• Marketing costs remain the same• ROI increases

Page 13: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Feed the HiPPO

Page 14: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%
Page 15: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Individual Assessment: The Scenario

• You have been hired to consult with Worldwide eBikes, Inc. (the same company as in your team assignment).

• The client is continuing to consider whether to enter the Australian market.

• You have been asked by the Managing Board of the company to provide a written report which addresses several questions.

Page 16: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

What do you think of the current opportunities for marketing eBikes in Australia? Is this something that we should be excited about and can you show us evidence to support your opinion?

We understand that you can use various online tools to look at search trends and keywords, and also to evaluate the current competition, so we’d appreciate your insights from these.

Individual Assessment: Question 1

Page 17: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Individual Assessment: Question 2

We need to acquire an in-depth understanding of our potential customers, and we know that persona research is really helpful for this. Please describe and justify the kind of research that you would undertake to create buyer personas for the Australian e-bike market (we don’t need you to create the actual personas).

Also, please provide three practical benefits of having really well researched personas, and explain how these would assist our business launch in Australia.

Page 18: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

If we decide to pursue this opportunity, we will need to quickly create awareness and “buzz” around our products.

Please provide your in-depth recommendations for two strategies that we should undertake as our top priorities for effective short-term results, together with your justification for these choices. These can include website development, using any of the various digital marketing channels, and digital advertising. Remember that the Board needs your specific, detailed ideas and examples for each strategy that relate to our business, and not generic advice.

Individual Assessment: Question 3

Page 19: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Source: PNGItem

Page 20: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Finally, the Board is very concerned with appropriate fiscal oversight. We realise the importance of analytics reports in determining which of our chosen strategies are effective, and which might need to be modified or even discontinued.

Please list four KPIs that would help to evaluate your marketing recommendations from the previous section, describe how you would report on them using Google Analytics, and the business insights that each one could provide.

Individual Assessment: Question 4

Page 21: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%
Page 22: Digital Marketing€¦ · Example: Offline Campaign • 100,000 direct mail coupons • 700 redeemed in store • Campaign performance = 700/100,000 = 0.7%

Philippa GamseFind me on LinkedIn

or [email protected]