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Your Digital


ๅž‹   Marketing ROI
    from blog to social to email and beyond
Who am I?

twitter.com/
  cspenn/
  favorites
Warnings
ๅž‹   Kata
ๆˆ   Outcome


ๆžœ
ๆณ•   Process
ๅฎˆ
็ ด   Path to mastery



้›ข
ๆˆ   Measure
    Outcome

ๆžœ
Photo Credit: TheTruthAbout...
Outcomes
R
Photo credit: AMAgill
                        I
Social media
    ROI
ROI is not
 necessarily a
helpful number
Last Touch Problem
Email

Webinar
                       PPC Ad

          Blog Post

                           Sponsored
  Tweet

              Which caused the sale?
What are the most valuable actions
       someone can take?
Sales

 Leads

Prospects

Audience
Sales    1


    Leads    10


 Prospects   100


Audience     1000
Sales    1     $1000


    Leads    10     $100


 Prospects   100    $10


Audience     1000    $1
Worksheet 1

                  Quantity   Value per Action   Total Value


   Audience:


  Next action:


  Next action:


  Final action:
EPA
Earned - Spent
Number of Actions
Worksheet 2

              Money Earned:     $_______
               Money Spent:     $_______

                Hourly Rate:    $_______
                Time Spent:      _______
        Time Spent in Money:    $_______

                 Total Spent:   $_______

     Total Earned-Total Spent   _______ EPA
                      Actions
So what?
Last Touch Problem Solved



Goo gle
Yes, but so what?
โ€œBecome a data-
    driven
 organizationโ€
Blind faith in data and systems
็ฝ    3 Traps
Selection Bias
Measurement Bias
http://api.klout.com/1/klout.json?
users=lizstrauss
(
    [status] => 200
    [headers] => Array
        (
        )
    [body] => Array
        (
            [error] => No users
        )
)
http://api.klout.com/1/klout.json?
users=moriturusthedk
(
    [status] => 200
    [headers] => Array
        (
        )
    [body] => Array
        (
            [error] => No users
        )
)
Intervention Bias
Beware bad research and
  worse conclusions!
73% of CEOs Think Marketers Lack
Business Credibility: They Can't Prove
  They Generate Business Growth

The Fournaise Marketing Group interviewed more than 600 Large corporation and SMB CEOs and
decision-makers in the US, Europe, Asia and Australia.




                          Who was measured?
                         What was measured?
                         How was it measured?
Nearly 23 Million Tune Into The AFC/
  NFC 2012 NFL Playoffs On The Radio
Edison Research conducted a national telephone survey of 901 people. Interviews for this study of
Americans age 12 and older were performed on January 23, 2012. The study asked respondents a
series of questions about their previous dayโ€™s media usage including listening to any part of the
NFL Playoff radio broadcasts. Households were selected randomly to participate in the study from
phone numbers provided by Survey Sampling International. The ๏ฌnal results of the national
sample have been weighted by age, sex, ethnicity and geographic region to match current U.S.
Census Bureau population estimates. In theory, in 19 cases out of 20, the survey results for the full
sample will differ by three percentage points in either direction from what would have been
obtained by attempting to interview all persons age 12 and older.


                             Who was measured?
                            What was measured?
                            How was it measured?
ๆณ•
     Re๏ฌne
    Process
Sales

 Leads

Prospects

Audience
Sales    1


    Leads    10


 Prospects   100


Audience     1000
Sales    1
                    10%
    Leads    10
                    10%
 Prospects   100
                    10%
Audience     1000
Sales   0.5
                    10%
    Leads     5
                    5%
 Prospects   100
                    50%
Audience     1000
How can we use X to ๏ฌx
   the broken step?
Leads    5
                  5%
Prospects   100
Start with a simple recipe
Sales    2
                    10%
    Leads    20
                    20%
 Prospects   100
                    10%
Audience     1000
$65 million each
ๅฎˆ
็ ด   Path to mastery



้›ข
ๅฎˆ
    Preserve the
        form
็ ด   Vary the form
้›ข
    Transcend the
        form
ๅฎˆ
    Follow best
     practices
็ ด
    Vary the
    practices
้›ข
    Transcend best
       practices
scrambled eggs
ๅž‹   Kata
ๆˆ   Measure
    Outcome

ๆžœ
ๆณ•
     Re๏ฌne
    Process
ๅฎˆ
็ ด   Path to mastery



้›ข
1. De๏ฌne your outcomes.
1. De๏ฌne your outcomes.
2. Value your outcomes and the actions leading up to them.
1. De๏ฌne your outcomes.
2. Value your outcomes and the actions leading up to them.
3. Measure your outcomes with Google Analytics.
1. De๏ฌne your outcomes.
2. Value your outcomes and the actions leading up to them.
3. Measure your outcomes with Google Analytics.
4. Avoid the 3 biases.
1. De๏ฌne your outcomes.
2. Value your outcomes and the actions leading up to them.
3. Measure your outcomes with Google Analytics.
4. Avoid the 3 biases.
5. Identify where your funnel is most broken.
1. De๏ฌne your outcomes.
2. Value your outcomes and the actions leading up to them.
3. Measure your outcomes with Google Analytics.
4. Avoid the 3 biases.
5. Identify where your funnel is most broken.
6. Create routines around your social practices.
1. De๏ฌne your outcomes.
2. Value your outcomes and the actions leading up to them.
3. Measure your outcomes with Google Analytics.
4. Avoid the 3 biases.
5. Identify where your funnel is most broken.
6. Create routines around your social practices.
7. Fine-tune the routines until the funnel step thatโ€™s most broken
is repaired.
1. De๏ฌne your outcomes.
2. Value your outcomes and the actions leading up to them.
3. Measure your outcomes with Google Analytics.
4. Avoid the 3 biases.
5. Identify where your funnel is most broken.
6. Create routines around your social practices.
7. Fine-tune the routines until the funnel step thatโ€™s most broken
is repaired.
8. Repeat until your funnel is working well.
1. De๏ฌne your outcomes.
2. Value your outcomes and the actions leading up to them.
3. Measure your outcomes with Google Analytics.
4. Avoid the 3 biases.
5. Identify where your funnel is most broken.
6. Create routines around your social practices.
7. Fine-tune the routines until the funnel step thatโ€™s most broken
is repaired.
8. Repeat until your funnel is working well.
9. Vary up the parts that are working well to make them even
better in the long run.
10 Things to Take Away
1. De๏ฌne your outcomes.
2. Value your outcomes and the actions leading up to them.
3. Measure your outcomes with Google Analytics.
4. Avoid the 3 biases.
5. Identify where your funnel is most broken.
6. Create routines around your social practices.
7. Fine-tune the routines until the funnel step thatโ€™s most broken
is repaired.
8. Repeat until your funnel is working well.
9. Vary up the parts that are working well to make them even
better in the long run.
10. Eventually reach pro๏ฌciency and transcend best practices.
ๅˆ   Marketing White
ๅฟƒ        Belt
่€…    cspenn.com/
ๅธ‚       book

่ฒฉ
18 Ways to
 Integrate Social
    and Email
www.whatcounts.com/18ways
Thank You!

cspenn.com/t
cspenn.com/f
cspenn.com/l
cspenn.com/g
cspenn.com/p

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Digital Marketing ROI at Blogworld NYC

  • 1. Your Digital ๅž‹ Marketing ROI from blog to social to email and beyond
  • 2. Who am I? twitter.com/ cspenn/ favorites
  • 4. ๅž‹ Kata
  • 5. ๆˆ Outcome ๆžœ
  • 6. ๆณ• Process
  • 7. ๅฎˆ ็ ด Path to mastery ้›ข
  • 8. ๆˆ Measure Outcome ๆžœ
  • 11.
  • 13.
  • 15. ROI is not necessarily a helpful number
  • 17. Email Webinar PPC Ad Blog Post Sponsored Tweet Which caused the sale?
  • 18.
  • 19. What are the most valuable actions someone can take?
  • 21. Sales 1 Leads 10 Prospects 100 Audience 1000
  • 22. Sales 1 $1000 Leads 10 $100 Prospects 100 $10 Audience 1000 $1
  • 23. Worksheet 1 Quantity Value per Action Total Value Audience: Next action: Next action: Final action:
  • 24. EPA
  • 25. Earned - Spent Number of Actions
  • 26. Worksheet 2 Money Earned: $_______ Money Spent: $_______ Hourly Rate: $_______ Time Spent: _______ Time Spent in Money: $_______ Total Spent: $_______ Total Earned-Total Spent _______ EPA Actions
  • 28. Last Touch Problem Solved Goo gle
  • 29.
  • 30.
  • 31. Yes, but so what?
  • 32.
  • 33.
  • 34.
  • 35. โ€œBecome a data- driven organizationโ€
  • 36. Blind faith in data and systems
  • 37. ็ฝ  3 Traps
  • 39.
  • 41.
  • 42. http://api.klout.com/1/klout.json? users=lizstrauss ( [status] => 200 [headers] => Array ( ) [body] => Array ( [error] => No users ) )
  • 43. http://api.klout.com/1/klout.json? users=moriturusthedk ( [status] => 200 [headers] => Array ( ) [body] => Array ( [error] => No users ) )
  • 45.
  • 46. Beware bad research and worse conclusions!
  • 47. 73% of CEOs Think Marketers Lack Business Credibility: They Can't Prove They Generate Business Growth The Fournaise Marketing Group interviewed more than 600 Large corporation and SMB CEOs and decision-makers in the US, Europe, Asia and Australia. Who was measured? What was measured? How was it measured?
  • 48. Nearly 23 Million Tune Into The AFC/ NFC 2012 NFL Playoffs On The Radio Edison Research conducted a national telephone survey of 901 people. Interviews for this study of Americans age 12 and older were performed on January 23, 2012. The study asked respondents a series of questions about their previous dayโ€™s media usage including listening to any part of the NFL Playoff radio broadcasts. Households were selected randomly to participate in the study from phone numbers provided by Survey Sampling International. The ๏ฌnal results of the national sample have been weighted by age, sex, ethnicity and geographic region to match current U.S. Census Bureau population estimates. In theory, in 19 cases out of 20, the survey results for the full sample will differ by three percentage points in either direction from what would have been obtained by attempting to interview all persons age 12 and older. Who was measured? What was measured? How was it measured?
  • 49. ๆณ• Re๏ฌne Process
  • 50.
  • 51.
  • 52.
  • 53.
  • 55. Sales 1 Leads 10 Prospects 100 Audience 1000
  • 56. Sales 1 10% Leads 10 10% Prospects 100 10% Audience 1000
  • 57. Sales 0.5 10% Leads 5 5% Prospects 100 50% Audience 1000
  • 58. How can we use X to ๏ฌx the broken step?
  • 59.
  • 60. Leads 5 5% Prospects 100
  • 61. Start with a simple recipe
  • 62. Sales 2 10% Leads 20 20% Prospects 100 10% Audience 1000
  • 64. ๅฎˆ ็ ด Path to mastery ้›ข
  • 65. ๅฎˆ Preserve the form
  • 66. ็ ด Vary the form
  • 67. ้›ข Transcend the form
  • 68. ๅฎˆ Follow best practices
  • 69. ็ ด Vary the practices
  • 70. ้›ข Transcend best practices
  • 71.
  • 72.
  • 73.
  • 75. ๅž‹ Kata
  • 76. ๆˆ Measure Outcome ๆžœ
  • 77. ๆณ• Re๏ฌne Process
  • 78. ๅฎˆ ็ ด Path to mastery ้›ข
  • 79. 1. De๏ฌne your outcomes.
  • 80. 1. De๏ฌne your outcomes. 2. Value your outcomes and the actions leading up to them.
  • 81. 1. De๏ฌne your outcomes. 2. Value your outcomes and the actions leading up to them. 3. Measure your outcomes with Google Analytics.
  • 82. 1. De๏ฌne your outcomes. 2. Value your outcomes and the actions leading up to them. 3. Measure your outcomes with Google Analytics. 4. Avoid the 3 biases.
  • 83. 1. De๏ฌne your outcomes. 2. Value your outcomes and the actions leading up to them. 3. Measure your outcomes with Google Analytics. 4. Avoid the 3 biases. 5. Identify where your funnel is most broken.
  • 84. 1. De๏ฌne your outcomes. 2. Value your outcomes and the actions leading up to them. 3. Measure your outcomes with Google Analytics. 4. Avoid the 3 biases. 5. Identify where your funnel is most broken. 6. Create routines around your social practices.
  • 85. 1. De๏ฌne your outcomes. 2. Value your outcomes and the actions leading up to them. 3. Measure your outcomes with Google Analytics. 4. Avoid the 3 biases. 5. Identify where your funnel is most broken. 6. Create routines around your social practices. 7. Fine-tune the routines until the funnel step thatโ€™s most broken is repaired.
  • 86. 1. De๏ฌne your outcomes. 2. Value your outcomes and the actions leading up to them. 3. Measure your outcomes with Google Analytics. 4. Avoid the 3 biases. 5. Identify where your funnel is most broken. 6. Create routines around your social practices. 7. Fine-tune the routines until the funnel step thatโ€™s most broken is repaired. 8. Repeat until your funnel is working well.
  • 87. 1. De๏ฌne your outcomes. 2. Value your outcomes and the actions leading up to them. 3. Measure your outcomes with Google Analytics. 4. Avoid the 3 biases. 5. Identify where your funnel is most broken. 6. Create routines around your social practices. 7. Fine-tune the routines until the funnel step thatโ€™s most broken is repaired. 8. Repeat until your funnel is working well. 9. Vary up the parts that are working well to make them even better in the long run.
  • 88. 10 Things to Take Away 1. De๏ฌne your outcomes. 2. Value your outcomes and the actions leading up to them. 3. Measure your outcomes with Google Analytics. 4. Avoid the 3 biases. 5. Identify where your funnel is most broken. 6. Create routines around your social practices. 7. Fine-tune the routines until the funnel step thatโ€™s most broken is repaired. 8. Repeat until your funnel is working well. 9. Vary up the parts that are working well to make them even better in the long run. 10. Eventually reach pro๏ฌciency and transcend best practices.
  • 89. ๅˆ Marketing White ๅฟƒ Belt ่€… cspenn.com/ ๅธ‚ book ่ฒฉ
  • 90. 18 Ways to Integrate Social and Email www.whatcounts.com/18ways