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                                                                  White
                                                                  Paper
                                     Website
 Twitter
B2B                          Blogs               A/B Testing
           Email Marketing                        Keywords

ROMI = Return on Marketing
       Investment
        Integrated                                      AdWords
Metrics                          Direct Mail   Social Media
        Marketing




                                                                    WordPress
Facebook




   RSS Feeds                                      Landing Pages

      Conversion                                B2C
                                                 Text Marketing
Agenda
•   Short Review of what is ROMI
•   Vanity Metrics
•   Our Panel Presentations
•   Questions – those cards on your seats!
What is ROMI?
• Return on Marketing               • Have a goal in mind
  Investment                           – 20 % return (those that
• Costs (output) related to              replied)
  Benefit (return (financial/non-      – 10% conversion (those that
                                         bought (usually))
  financial)
                                       – Increase brand awareness
    – Variety of metrics from
      simple to complex
      calculations                  • Short or long term?
• The “PURPOSE” behind your
  campaign!                         • Social Media or Direct
    – Why are you marketing “x”?      Media?
    – What do you want to
      accomplish?                   • Not just Google Analytics!
    – What is the magic number?
More ROMI Information
• Measurable in some format
  – Qualitative (touchy feely) vs. Quantitative
    (numeric)

• Aligned with your goals of your company and
  marketing strategy

• Targeted – if possible highly targeted
  – 1000 vs. 100 pieces of direct mail
Vanity Metrics
                                  • Vanity metrics have a number
           EXAMPLES                 associated with them but
• Twitter – increase current        usually have no actionable
  follow base by 200 followers      relationship associated with
  by end of month                   them
• Facebook - 100 new likes this   • Feel good metrics
  week
• 25 new downloads of our         • Note bad but not real ROI
  recent white paper
                                  • Few exceptions are when
                                    person must fill out form to
                                    get something - but often do
                                    not fill out form with real data
Our Panel


• Bud Gibson
• Jeff Ewald
• Eric Jacobson
Bud Gibson Ph.D.
       •   Bud Gibson created the search
           marketing program at Eastern Michigan
           University. He and his students have helped
           over 100 small and medium organizations
           develop effective online advertising
           campaigns. Graduates of this program work in
           well known advertising firms and businesses
           such as Apple, Doner, and Pure Visibility.

       •   Prior to joining Eastern Michigan, Bud was a
           professor at University of Michigan's Ross
           School. He also has extensive professional
           experience at Deloitte Consulting, Arthur D.
           Little, and Catholic Relief Service. He has a
           Ph.D. from Carnegie Mellon University, an
           MBA from the Wharton School, and a BS from
           Georgetown University. Bud speaks French
           and Arabic. His career spans North
           America, Europe, and Asia.
Jeff Ewald
•   Founder and CEO of Optimization Group
    - Founded 2001
•   Based in Ann Arbor, Michigan
•   Jeff’s career has been notable for his
    efforts in making marketing measurably
    effective
•   His work has been published in many
    journals and books
•   Jeff’s professional career has included
    General Mills, Campbell Soup and J.
    Walter Thompson
•   Has been an Adjunct Professor of
    Marketing at Wayne State University’
    Graduate School of Business
Eric Jacobson
       •   Chief Financial Officer, Amplifinity
       •   Eric joined Amplifinity in December of
           2011. He currently manages the finances
           of the company.
       •   Has served as the chief financial executive
           of several venture-backed startups
           including Translume, Janeeva, Discera and
           Picometrix.
       •   Before becoming an entrepreneur, Eric
           worked at the corporate headquarters of
           Comcast in Philadelphia where he
           managed finance and accounting for the
           company’s high speed internet business in
           its early stages.
       •   Eric is a graduate of Syracuse University
           and earned an MBA in Finance from The
           Wharton School at the University of
           Pennsylvania.
Next Marketing Roundtable:
Creative Strategy in Action
        June 12, 2012

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May 2012 - Marketing Roundtable - Kim Kachadoorian

  • 1. Groups Focus Downloads White Paper Website Twitter B2B Blogs A/B Testing Email Marketing Keywords ROMI = Return on Marketing Investment Integrated AdWords Metrics Direct Mail Social Media Marketing WordPress Facebook RSS Feeds Landing Pages Conversion B2C Text Marketing
  • 2. Agenda • Short Review of what is ROMI • Vanity Metrics • Our Panel Presentations • Questions – those cards on your seats!
  • 3. What is ROMI? • Return on Marketing • Have a goal in mind Investment – 20 % return (those that • Costs (output) related to replied) Benefit (return (financial/non- – 10% conversion (those that bought (usually)) financial) – Increase brand awareness – Variety of metrics from simple to complex calculations • Short or long term? • The “PURPOSE” behind your campaign! • Social Media or Direct – Why are you marketing “x”? Media? – What do you want to accomplish? • Not just Google Analytics! – What is the magic number?
  • 4. More ROMI Information • Measurable in some format – Qualitative (touchy feely) vs. Quantitative (numeric) • Aligned with your goals of your company and marketing strategy • Targeted – if possible highly targeted – 1000 vs. 100 pieces of direct mail
  • 5. Vanity Metrics • Vanity metrics have a number EXAMPLES associated with them but • Twitter – increase current usually have no actionable follow base by 200 followers relationship associated with by end of month them • Facebook - 100 new likes this • Feel good metrics week • 25 new downloads of our • Note bad but not real ROI recent white paper • Few exceptions are when person must fill out form to get something - but often do not fill out form with real data
  • 6. Our Panel • Bud Gibson • Jeff Ewald • Eric Jacobson
  • 7. Bud Gibson Ph.D. • Bud Gibson created the search marketing program at Eastern Michigan University. He and his students have helped over 100 small and medium organizations develop effective online advertising campaigns. Graduates of this program work in well known advertising firms and businesses such as Apple, Doner, and Pure Visibility. • Prior to joining Eastern Michigan, Bud was a professor at University of Michigan's Ross School. He also has extensive professional experience at Deloitte Consulting, Arthur D. Little, and Catholic Relief Service. He has a Ph.D. from Carnegie Mellon University, an MBA from the Wharton School, and a BS from Georgetown University. Bud speaks French and Arabic. His career spans North America, Europe, and Asia.
  • 8. Jeff Ewald • Founder and CEO of Optimization Group - Founded 2001 • Based in Ann Arbor, Michigan • Jeff’s career has been notable for his efforts in making marketing measurably effective • His work has been published in many journals and books • Jeff’s professional career has included General Mills, Campbell Soup and J. Walter Thompson • Has been an Adjunct Professor of Marketing at Wayne State University’ Graduate School of Business
  • 9. Eric Jacobson • Chief Financial Officer, Amplifinity • Eric joined Amplifinity in December of 2011. He currently manages the finances of the company. • Has served as the chief financial executive of several venture-backed startups including Translume, Janeeva, Discera and Picometrix. • Before becoming an entrepreneur, Eric worked at the corporate headquarters of Comcast in Philadelphia where he managed finance and accounting for the company’s high speed internet business in its early stages. • Eric is a graduate of Syracuse University and earned an MBA in Finance from The Wharton School at the University of Pennsylvania.
  • 10. Next Marketing Roundtable: Creative Strategy in Action June 12, 2012