cONNECTTO SELL
E.Life Group
McKinsey’s
CMOSURVEYWhen McKinsey’s CMO Survey asked marketers how they show the impact of social media on their business, only 15% cited they have been able to prove the impact quantitatively. This low percentage is not completely surprising given that social media is a recent innovation that companies are quickly trying to understand and direct to the most profitable ends.
15%
85%
Can prove the impact Can't prove the impact
Source: McKinsey’s CMO Survey 2015
SPENDING ON SOCIAL MEDIA CONTINUES TO SOAR, BUT MEASURING ITS IMPACT REMAINS A CHALLENGE FOR MOST COMPANIES.
DO DIGITAL ENGAGED CUSTOMERS MEAN BUSINESS?
FACEBOOK ENGAGED FANS WERE 20 TIMES MORE LIKELY TO BUY.
Source: Alchemy Social, 2012
USERS WHO FOLLOW FACEBOOK PAGES BUT DIDN’T INTERACT WITH THEM WERE 4 TIMES MORE LIKELY TO BUY.
Source: Alchemy Social, 2012
WHATDOESTHATMEAN?Part of your fan base can be regular shoppers, but the more you connect to them, the more they impact
your business.
That’s
NOTNEW
If you take a look at the typical sales funnel, you’ll that’s not new. To move from awareness to consideration you need engagement.
AWARENESS
CONSIDERATION
CONVERSIONReach
EngagmentDecision
THETOOLS
• CONTENT• NATIVE ADS• PROGRAMMATIC MEDIA• INFLUENCE
• CONTENT• NATIVE ADS• PROGRAMMATIC MEDIA• INFLUENCE
• CREATIVITY• DATA• CONSUMER CENTERED
MONITORING
• CONTENT• NATIVE ADS• PROGRAMMATIC MEDIA• INFLUENCE
• CREATIVITY• DATA• CONSUMER CENTERED
MONITORING
• SITE VISITS• POS VISITS• ACQUISITION• BUY
• CONTENT• NATIVE ADS• PROGRAMMATIC MEDIA• INFLUENCE
• CREATIVITY• DATA• CONSUMER CENTERED
MONITORING
• SITE VISITS• POS VISITS• ACQUISITION• BUY
• BUZZ• SCRM
THEPATH
UNDERSTANDYOURSALESFUNNELWhat motivates your shoppers to move from digital content to checkout?
OPTIMIZEYOURCONVERSIONPATHHelp people to help your business.
PROGRAMMATIC MEDIA IS A GREAT WAY TO GENERATE FLOW ADVERTISING.
Optimize your
ConverSionpathSees the new car ad on TV
Starts tosearch about
the carStarts to
search prices
Decides towait and
maybe travelthis month
Searches carfeatures andprice again
Buys the car
Media about features on sites
about cars
Media about POS on news
portal/Facebook
Media about offer on travel
sites
Programmatic media based on individual needsand not media channel profile.
KNOWCONTENTCONVERSIONProvide stories to create a relationship with customers.
NURTUREDIGITALLEADAnd do that differently, probably one by one.
The 4Ps
REVISITED
MEASUREYOURRESULTSThere is often a disconnection between goals and metrics.
WITHOUT DATA, YOU’RE JUST A PERSON WITH AN OPINION.
W. EDWARDS DEMING
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