What does all this reporting mean? - Get the most of reporting and improve your campaigns - The Student Room

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What does all this reporting mean? - Get the most of reporting and improve your campaigns - The Student Room
What does all this
reporting mean?
Get the most of
reporting and improve
your campaigns
13th April 2021
What does all this reporting mean? - Get the most of reporting and improve your campaigns - The Student Room
Presented by...
Paul Cernicharo-Terol                                   Hulda Friðriksdóttir
Sales Director                                          Client Services Manager

  ● Been with The Student Room since May 2014           ● Been with The Student Room since
                                                          September 2017
  ● Over 10 years experience in Higher Education both
                                                        ● Continuously working to make client
    agency and media side                                 campaigns more successful and impactful
  ● Oversees the sales and B2B marketing team, who      ● Oversee the CS team which is responsible
    work alongside our partners in Education,             for end-to-end campaign delivery of millions
                                                          of ads and emails
    Government and Recruitment to help them
    engage with our audience.

The Student Room
What does all this reporting mean? - Get the most of reporting and improve your campaigns - The Student Room
Hulda Fridriksdottir

Overview
  ●    Overview of TSR
  ●    Why reporting?
  ●    Reporting metrics
  ●    Attribution modelling
       - Good, bad and ugly
       - Incrementality**
  ●    Third party cookies
  ●    Advances in reporting at TSR
  ●    Recap
  ●    Questions, comments and feedback

The Student Room
What does all this reporting mean? - Get the most of reporting and improve your campaigns - The Student Room
Hulda Fridriksdottir

                   Overview of TSR
                   Year to date

The Student Room
What does all this reporting mean? - Get the most of reporting and improve your campaigns - The Student Room
Hulda Fridriksdottir

Overview of TSR - Year to date
TSR in numbers - on site

                                                                    02:43
                                                                   average session
                                    +109m                             duration

                                   sessions recorded

                                                       +268m
                   +94m                                pageviews
                   users on site

The Student Room
What does all this reporting mean? - Get the most of reporting and improve your campaigns - The Student Room
Hulda Fridriksdottir

 Why reporting?

The Student Room
What does all this reporting mean? - Get the most of reporting and improve your campaigns - The Student Room
Hulda Fridriksdottir

     As the digital landscape
     continues to evolve and
     tracking & targeting is
     ever changing; it’s
     important to understand
     what all this reporting
     means and what TSR can
     report and support on

The Student Room
What does all this reporting mean? - Get the most of reporting and improve your campaigns - The Student Room
Hulda Fridriksdottir

Reporting metrics

The Student Room
What does all this reporting mean? - Get the most of reporting and improve your campaigns - The Student Room
Hulda Fridriksdottir

                   “You can find a metric to prove
                   whatever point you want to prove”
                                      -   John Custy, Atlassian Summit

The Student Room
What does all this reporting mean? - Get the most of reporting and improve your campaigns - The Student Room
Hulda Fridriksdottir

 Reporting
 Reporting metrics
 Why metrics?
   ●    Show performance of activity
   ●    Identify areas for improvements
   ●    Show what’s working
   ●    Inform and forecast for the future
   ●    Understand value

The Student Room
Hulda Fridriksdottir

 Reporting
 Reporting metrics
 Metrics are a way to show performance, but the
 value of the performance and whether it’s
 perceived as good, bad or neutral is determined
 by

  ● How you’re measuring data
  ● Why you’re measuring
  ● How you’re tracking against goals

The Student Room
Hulda Fridriksdottir

Reporting
Reporting metrics
  How to demonstrate performance?

   ● Track all your activity so you can see what
        happens once people are engaging with you
        (e.g. UTMs and GA)
   ● Understand the journey (e.g. high click rate
        vs. high bounce rate)
   ● Reports should always be used in
        conjunction with your own internal
        reporting

The Student Room
Hulda Fridriksdottir

  Reporting
  Reporting metrics

                      Bad performance doesn’t equal bad metrics

                      When activity doesn’t measure up to expectations it’s crucial to
                      figure out what about the activity didn’t succeed

                       ● Was it the targeting?
                       ● Was it the creative?
                       ● Was it the landing page?

                      Once identified, metrics could show that some parts of the
                      campaign performed well, but others didn’t which should
                      inform where the focus for improvements is needed (and give
                      insight into how your audience is behaving).

The Student Room
Paul Cernicharo-
                   Terol

     Attribution
     modelling

The Student Room
Paul Cernicharo-
                              Terol

     Good, bad and the ugly

The Student Room
Paul Cernicharo-
                                                                  Terol

  Attribution modelling
  What is attribution modeling?

         Marketing attribution is the way in which marketers
         assess the value or ROI of the channels that connect
         them to potential customers. In other words, it’s the
         means by which the customer came to know and buy
         your product or service.

         Seems simple?

The Student Room                                                 Data taken from sample
Paul Cernicharo-
                                                                                              Terol

  Attribution modelling
  Good, bad and ugly
    1. Single Source attribution

    ● First-touch attribution. First-touch attribution assigns all the credit to the first
      channel the lead engaged with. First touch marketing attribution fails to
      account for any customer interactions after the initial touch, altering the
      perceived effectiveness of other channels.

    ● Last-touch attribution. Because it’s the last touchpoint before the final sale,
      identifying where to give credit is relatively easy using the last touch model.
      But it doesn’t account for any prior interactions (like the prospect’s website
      visits or interactions with the lead qualification team), missing out on key
      insights about other valuable marketing channels.

The Student Room                                                                             Data taken from sample
Paul Cernicharo-
                                                                                                                  Terol

   Attribution modelling
   Good, bad and ugly
   2. Multi- source attribution

     ●    Linear. The simplest MTA model, linear attribution gives equal weight to all touchpoints.

     ●    Time decay. The lengthier the sales cycle (like ours!), the more spread out the touchpoints. The
          time decay model gives credit to more recent marketing touchpoints as opposed to those earlier in
          the process, which may not have been as impactful.

     ●    U-shaped. The U-shaped MTA model gives credit to two key touchpoints — the first touch and the
          lead creation — and any in between. Forty percent of the credit goes to the first touch and 40%
          goes to lead creation, while the remaining 20% is divided between any touches that occurred in the
          middle.

     ●    W-shaped. You guessed it. This model is the same as U-shaped MTA, except it includes an
          additional touchpoint — the opportunity creation. All three touchpoints receive 30% of the credit,
          while the remaining middle touches share 10%.

     ●    Full path. Full path attribution builds on the W-shaped model, including the final close. Basically,
          the bulk of the credit is given to the major milestones of the customer journey, but lower weight is
          also assigned to the touchpoints in between. One of the biggest benefits of this model is that it
          accounts for the sales team’s post-opportunity follow-up interactions, giving them the same weight
          as early-stage marketing activities.

The Student Room                                                                                                 Data taken from sample
Paul Cernicharo-
                                    Terol

                   Incrementality

The Student Room
Paul Cernicharo-
                                                              Terol

  Attribution modelling
  What is Incrementality?

    ● What is the goal of advertising? Shift consumer
      behaviour and attitudes
       ○ Shift sentiment
       ○ Build awareness of brand
       ○ Generate demand
    ● Incrementality allows you to measure the true impact
      of your digital advertising
    ● Incrementality allows you to see the uplift in
      behavioural change
    ● Better understanding of what budget is driving change

The Student Room
Paul Cernicharo-
                          Terol

  Attribution modelling
  Why Incrementality

The Student Room
Paul Cernicharo-
                          Terol

  Attribution modelling
  Why Incrementality?

The Student Room
Paul Cernicharo-
                           Terol

     Third party cookies

The Student Room
Paul Cernicharo-
                            Terol

  Third party cookies

   What the Lumascape
   looks like without 3rd
   Party cookies!

The Student Room
Paul Cernicharo-
                                                                                                                                              Terol

  Third party cookies
  What we know
      ● Third party cookies will be blocked in Chrome from early 2022

      ● Privacy Sandbox: Building a privacy first future for the web

      ● Google won’t support any user-level identifiers
              -    3rd party infrastructure for identity matching
              -    For example hashed emails

      ● FLoC (Federated Learning of Cohorts) may save the day

      ● Not a lot else!
  Today we’re making explicit that once third-party cookies are phased out, we will not build alternate identifiers to track individuals as
  they browse across the web, nor will we use them in our products. David Temkin Director of Product Management, Ads Privacy and
  Trust (3rd March 2021)

The Student Room
Paul Cernicharo-
                                                                                 Terol

  Third party cookies
  WtF is FLoC
     ● The Federated Learning of Cohorts (FLoC) is a privacy-focused solution
       intent on delivering relevant ads “by clustering large groups of people
       with similar interests”.

     ● Google think it works!
        ○ Our tests of FLoC to reach in-market and affinity Google Audiences
           show that advertisers can expect to see at least 95% of the
           conversions per dollar spent when compared to cookie-based
           advertising. Chetna Bindra Group Product Manager User Trust and
           Privacy Jan 25th 2021

     ●    Available for testing by advertisers in Q2 within Google Ads

The Student Room
Paul Cernicharo-
                                                                                  Terol

  Third party cookies
  What impact for marketeers
      ● Uncertainty around tracking? What attribution models will exist?

    “While the news certainly created immense uncertainty, it’s clear that
    when it comes to attribution, the ship has sailed on many of the current
    granular models that were universally applied across all spend,”
    said Mario Diaz, CEO at contextual-targeting vendor Peer39.

      ●    Identify and build relationships with contextually relevant partners
      ●    Identify partners with the highest post-click conversion rates
      ●    Speak to your media and agency partners - what are their plans?
      ●    Test FLoC

The Student Room
Hulda Fridriksdottir

     Advances in
     reporting at TSR

The Student Room
Hulda Fridriksdottir

      ●     Ada reports
      ●     TSR Talks
      ●     UPP reports
      ●     Conversion tracking

The Student Room
Hulda Fridriksdottir

  Advances in reporting
  Ada
   Ada has been around for a while now and has only recently gotten
   a ‘reporting makeover’. Main issues addressed:
     ● Needed to be easier to understand as the old report was quite
       difficult to navigate

     ● Needed to include the necessary metrics and remove the ones
       that were no longer fit for purpose

     ● Adding additional information to provide a greater
       understanding of the audience and how they interact with
       your brand

The Student Room
                                                     Data taken from sample
Hulda Fridriksdottir

  Advances in reporting
  Ada
  Old                                    New

The Student Room
                          Data taken from sample
Hulda Fridriksdottir

  Advances in reporting
  Ada
  Old                     New

The Student Room
Hulda Fridriksdottir

  Advances in reporting
  Ada

                          Additional insights added such as
                          activity by domain to provide even
                          greater insight into campaign
                          performance and understanding
                          where the campaign performed
                          the best

The Student Room
Hulda Fridriksdottir

  Reporting
  TSR Talks
  When building your brand it’s important to be able to speak to
  the community, be the knowledgeable & friendly voice and build
  trust. TSR Talks addresses all of those and supplies reporting with
  important metrics such as:
    ●    Unique pageviews
    ●    Posts and posters
    ●    Roadblocking information
    ●    Geographical information

The Student Room
Hulda Fridriksdottir

 Advances in reporting
 TSR Talks

The Student Room
Hulda Fridriksdottir

  Advances in reporting
  TSR Talks

The Student Room
Hulda Fridriksdottir

  Advances in reporting
  University Partner Pack (UPP)
   New focus on periods as opposed to monthly to give
   greater insight how you’re performing with:
    ● Key period data (UCAS deadline & Clearing)
    ● Annual reports
   New data within those reports includes:
    ●    Audience overlap with other unis
    ●    Total searches for uni
    ●    Average users vs. average UPP
    ●    Average page split vs. average UPP

The Student Room
Hulda Fridriksdottir

  Advances in reporting
  Conversion tracking
   The initial aim is to prove the value of
   the UPP, not only for students by being
   able to track what they do when not on
   TSR, but more importantly prove the
   value for our clients by showing the
   intent of the TSR audience and the
   effectiveness of the UPP.

The Student Room
Hulda Fridriksdottir

  Advances in reporting
  Conversion tracking
  Background
    •    First comms went out 3 September 2020
    •    Conversions split into three main areas
         - General conversions
         - Course conversions
         - Focused/low funnel conversions
    •    Phase 2 chaser email went out 29 January
         2021
    •    Rolled out in February UPP reports
    •    Set up continues with aim of being worked
         in to BAU workflows

  If you’d like to be included please contact me
  hulda.f@thestudentroom.com or your Account Manager

The Student Room
Hulda Fridriksdottir

 Advances in reporting
 Conversion tracking

                                                                              69.2%
                                537,682                                     Increase since start
                                                                                 of project
                                   Conversions
                                tracked since start
                                    of project

                                                      777,052
               38.4%                                     Conversions
                                                      tracked in the last
            UPP clients opted                               year
                    in

The Student Room
Hulda Fridriksdottir

 Advances in reporting
 Conversion tracking

The Student Room
Hulda Fridriksdottir

       Recap

The Student Room
Hulda Fridriksdottir

     Always combine external
     reports and internal reports
     to get an overview of how
     you’re performing

The Student Room
Hulda Fridriksdottir

                   Aim to understand what
                   parts of a campaign did
                   well and what parts
                   didn’t so that you can use
                   that information to guide
                   future campaigns

The Student Room
Hulda Fridriksdottir

                   Start planning your post
                   cookie strategies now so
                   you’re prepared for next
                   year

The Student Room
Hulda Fridriksdottir

   Any questions,
   comments or
   feedback?

The Student Room
Hulda Fridriksdottir

  Thank you!
  Join us again: tsrmatters.com/webinars

  And stay in touch:
  paul.cernicharo-terol@thestudentroom.com
  hulda.f@thestudentroom.com
  and you can also find us on LinkedIn

The Student Room
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