Workshop:
Measuring Marketing
Performance

     By Better Marketing for POCC
                   Unmana Datta
                   Nilesh Bhojani
Agenda
• Aligning business and marketing
    objectives
•   Defining what to measure – and how
•   Measuring performance
•   Making decisions based on results
But First…
Let’s recap the last session:

  Defining Your Marketing Strategy
Define Your Marketing Strategy
• Define your product and key benefits.
• Who are your target customers? How
  well do you know them?
• Who are your key competitors? How are
  you different from them?
• What is your pricing?
• How will you deliver your product?
• How will you reach out to customers?
Objectives: Business vs. Marketing
• What are your business goals?
• How can marketing contribute to those
  goals?
• Given your resources, how much of this
  can you achieve?
The Purchase Funnel
              Reach

           Engagement

              Leads

            Customers

             Service

            Retention
The Purchase Funnel
                           Customer actions
                 Person becomes aware of your brand:
      Reach      finds you on Google, sees an ad or
                 Facebook post…

    Engagement   Person interacts with you: comments,
                 clicks, or shares.

                 Person indicates purchase intention:
       Leads     sends enquiry or signs up for free trial.

                 Person makes the purchase.
     Customers
                 Person experiences your product or
      Service    service.


                 Person becomes repeat customer.
     Retention
The Purchase Funnel
Marketing         Reach
metrics

                Engagement

                  Leads
Sales metrics
                Customers

                 Service
Operations
metrics          Retention
The Purchase Funnel
       Reach
                         2 months
     Engagement
                         5 months
        Leads
                         2 months
      Customers

       Service
                  How long is the purchase
                  process for your product?
      Retention
Marketing at Each Step of the Funnel
                  Location, spread, consistency,
      Reach           timing, engagement


    Engagement
                 Content quality, responsiveness

      Leads
                     Education and nurturing

     Customers


      Service


     Retention
Online Marketing Metrics
•   Reach:
    •   Website visits, social media impressions
        and followers, email opens
•   Engagement
    •   Page views, time on site, blog comments,
        social media likes and shares, email clicks
•   Leads:
    •   Content subscriptions, free trials, enquiries
Group Exercise
• What is your objective?
• What marketing activities will you do?
• What metrics will you measure?
Marketing Measurement Tools
• Website:
  – Google Analytics, KISSmetrics, Mix Panel
• Social Media:
  – Facebook Insights, Hootsuite, Crowdbooster
• Email:
  – MailChimp, Constant Contact, Aweber
• Ads:
  – Google Analytics, AdWords, Facebook Ads
    Manager
A Quick Look at Google Analytics
• Keep track of reach (visits), engagement
  (time on site, bounce rate), and
  conversions (purchase, enquiry)
• Filter by location and search term
• Use URL builder to measure results of
  campaigns (ads, email)
A Quick Look at Online Ads
• What do you want to pay for?
  – impressions (reach)
  – clicks (engagement)
  – conversions (lead or customer)?
• Are you targeting the right group?
Markitty
• Markitty offers suggestions based on your
  marketing activities.
• It aggregates stats from Google
  Analytics, Facebook, and Twitter.
• Check out Markitty.com.
Thank You!
Follow-up questions?
Email unmana@bettermarketing.in.

For more marketing tips from us, like us on
www.facebook.com/markittyapp or read
Markitty.com/Blog.

Measuring Marketing Performance

  • 1.
    Workshop: Measuring Marketing Performance By Better Marketing for POCC Unmana Datta Nilesh Bhojani
  • 2.
    Agenda • Aligning businessand marketing objectives • Defining what to measure – and how • Measuring performance • Making decisions based on results
  • 3.
    But First… Let’s recapthe last session: Defining Your Marketing Strategy
  • 4.
    Define Your MarketingStrategy • Define your product and key benefits. • Who are your target customers? How well do you know them? • Who are your key competitors? How are you different from them? • What is your pricing? • How will you deliver your product? • How will you reach out to customers?
  • 5.
    Objectives: Business vs.Marketing • What are your business goals? • How can marketing contribute to those goals? • Given your resources, how much of this can you achieve?
  • 6.
    The Purchase Funnel Reach Engagement Leads Customers Service Retention
  • 7.
    The Purchase Funnel Customer actions Person becomes aware of your brand: Reach finds you on Google, sees an ad or Facebook post… Engagement Person interacts with you: comments, clicks, or shares. Person indicates purchase intention: Leads sends enquiry or signs up for free trial. Person makes the purchase. Customers Person experiences your product or Service service. Person becomes repeat customer. Retention
  • 8.
    The Purchase Funnel Marketing Reach metrics Engagement Leads Sales metrics Customers Service Operations metrics Retention
  • 9.
    The Purchase Funnel Reach 2 months Engagement 5 months Leads 2 months Customers Service How long is the purchase process for your product? Retention
  • 10.
    Marketing at EachStep of the Funnel Location, spread, consistency, Reach timing, engagement Engagement Content quality, responsiveness Leads Education and nurturing Customers Service Retention
  • 11.
    Online Marketing Metrics • Reach: • Website visits, social media impressions and followers, email opens • Engagement • Page views, time on site, blog comments, social media likes and shares, email clicks • Leads: • Content subscriptions, free trials, enquiries
  • 12.
    Group Exercise • Whatis your objective? • What marketing activities will you do? • What metrics will you measure?
  • 13.
    Marketing Measurement Tools •Website: – Google Analytics, KISSmetrics, Mix Panel • Social Media: – Facebook Insights, Hootsuite, Crowdbooster • Email: – MailChimp, Constant Contact, Aweber • Ads: – Google Analytics, AdWords, Facebook Ads Manager
  • 14.
    A Quick Lookat Google Analytics • Keep track of reach (visits), engagement (time on site, bounce rate), and conversions (purchase, enquiry) • Filter by location and search term • Use URL builder to measure results of campaigns (ads, email)
  • 15.
    A Quick Lookat Online Ads • What do you want to pay for? – impressions (reach) – clicks (engagement) – conversions (lead or customer)? • Are you targeting the right group?
  • 16.
    Markitty • Markitty offerssuggestions based on your marketing activities. • It aggregates stats from Google Analytics, Facebook, and Twitter. • Check out Markitty.com.
  • 17.
    Thank You! Follow-up questions? Emailunmana@bettermarketing.in. For more marketing tips from us, like us on www.facebook.com/markittyapp or read Markitty.com/Blog.