Measuring Beyond the “Like”

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Measuring beyond the like in 18 Min So much to say, so little time @nxfxcom

description

This presentation is from Performance Marketing Summit 2014 in Denver, CO (June 17, 2014). Session description: Consumers are true multi-channel explorers, they move seamlessly between devices, channels & platforms. This session will cover unique ways to measure ROI by evaluating post behavior.

Transcript of Measuring Beyond the “Like”

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Measuring beyond the like in 18 MinSo much to say, so little time

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WHO AM I?

Benjamin Spiegel

Sr. Partner, Managing DirectorStrategy

GroupM, a WPP Company

@nxfxcom+1 (617) 663-4107linkedin.com/in/benjaminspiegel

[email protected]

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GroupM is the leading global media investment management operation.Worldwide Billings – US $90.8bn – 400 offices – 21,650 Employees – 81 Countries

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175,000 Employees in 3000 Offices in 110 CountriesAdvertising; Media Investment Management; Data Investment Management (formerly known as Consumer Insight); Public Relations & Public Affairs; Branding & Identity; Healthcare Communications; Direct, Digital, Promotion & Relationship Marketing; Specialist Communications

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Importance of Data & Technology to WPPOver the past 5 years, WPP has invested more than USD $1B in data.

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TYPES OF DATA WE CARE ABOUT

Product Usage Offline Media

Online Media Online PurchasesCRM Insights

Online Purchases

Online Purchases In-Store Purchases

Demographics

Lifestyle & Attitudes Stakeholder Data

Brand Health Ad Exposure

Competitive Media

Social Measurements

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BUT THIS STORY STARTED IN 2000(COULD NOT FIND A RELEVANT Y2K STOCK PHOTO)

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WE STARTED OUR AFFILIATE PROGRAM

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1ST LEGAL US RX AFFILIATE PLATFORM

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THINGS WERE SIMPLE

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PLATFORMS WERE SIMPLE

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DEVICES WERE SIMPLER

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DATA WAS 12kb

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LEVERAGING TECHNOLOGY

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Be Creepy

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Why Creepy?

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1. Consumers have changedThey opt-in and we need to adapt

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2. Device FragmentationNative and Adaptive content

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3. Consumption MethodsInnovation and Ease of Use

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How to be Creepy

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1. Listen to themThey want you to be relevant

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2. Record what they are sayingBuild your own DMP

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3. Become a data scientistOr hire one – Data is the new currency

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I GOT IT, AND NOW WHAT DO I

DO?

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Social Amplification ROICalculating the true value of a lead

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TODAYS ~ROI MATH

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$0.01 $0.10 $0.50 $0.75 $15.00

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THE CHANGE

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SOCIAL AMPLIFICATION

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$15.00

$15.00

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True Social Listening(Really wanted to use this image)

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LETS ASSUME

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I SELLMOVIE

MEMORABILIA

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How to identify audiencesWho, when, where and what to say

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THE DATA IS FREE

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Real-time Conversation Dashboards

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Influencer Identification

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Communications Planning

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Thank you

Tweet questions at @nxfxcom

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