ldd summer seminar 2013 - dc storm you can't manage what you can't measure

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You can’t manage what you can’t measure Lewis Lenssen - Commercial Director

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The complexity of the digital marketing mix makes performance measurement difficult, resulting in compromised reporting with a bias towards 'easy' to measure channels. This talk highlights best practice measurement, showing how it can support effective digital marketing and dive action.

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Page 1: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

You can’t manage what you can’t measure Lewis Lenssen - Commercial Director

Page 2: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Measurement

Page 3: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

BackgroundLewis Lenssen• 5 years leading and building search agency• 1 year consulting on social media and online PR for retail

brands (focusing on measurement and valuation)• 3 years Commercial Director of DC Storm

DC Storm• Over 2,000 tracked websites with configured attribution• 30M tracked events per day related to £25M daily revenue• 5M non-tracking events per day

Page 4: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Agenda• Marketing performance measurement – A big data challenge?• Characteristics of Digital Marketing Measurement• Measured Success - Keys to Success• The future and the politics• Summary• Q&A

Page 5: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Digital Marketing Measurement A Perfect Big Data Challenge?

Page 6: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Digital Marketing MeasurementDigital Marketing Attributes• Large volumes of automatic collected, relevant data

• Clear opportunity to optimise marketing

• Significant costs and benefits

Problem Solved?• Marketing channel silos

• Sales channel silos

• Device silos

• Channel specific measurement

• Un-reconciled data

• Low trust in data

• Last click wins

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Bad Measurement too…

Page 8: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Digital Marketing Measurement

Page 9: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Characteristics of the Challenge

Page 10: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Marketing Measurement Characteristics • Multiple diverse data sources• Near real time requirements• Multiple audiences with diverse requirements• Multiple automation tools• Not a point in time solution (continuous feedback loop)

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Measured Success

Page 12: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Measured SuccessMarketing & Sales Channel Tracking

Unified Data Resource

Multi-Channel Attribution

Actionable Insights

Trading Analytics

Budget Planning

Page 13: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Unified Data Resource

Page 14: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Digital Data Ecosystem

Order

‘D&G satin dress’‘acme fashion’

DM

IMP

Mobile

Online

CRM Activity

Picking DispatchRegister

Email

Tablet

Email

Page 15: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Unified Data Resource• Flexible, scalable database designed to support diverse data

sources• Ability to reflect evolving channel connections• Technology that supports easy data import and export• Sophisticated access and security control• Specialist requirements and central to success

Page 16: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Configurable User Tracking

Page 17: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Tracking• Track and join multiple channels and devices

• Website• Online display• Mobile Apps

• Support for multiple device users• Track the events that matter• Consider media and partner independence• Audit and validate data

Page 18: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Attribution in Action

Page 19: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Evolution of Attribution• Last click wins (within channel)• Last click wins – across channel• Winning click• Multi-channel sharing• Rules based attribution • Statistical attribution

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Attribution Analysis• Attribution model must reflect your users journeys• Implement the model(s) that your business needs• Provide continuity as well as the new measurement

• Continue to deliver ‘last click wins’• Continue to deliver the old reports

• Must deliver the analysis on an on-going basis

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Actionable Reporting and Automation

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Reporting• Share the data love!

• Query tools• Reporting and templating tools• Dashboard and visualisation tools• Data cubes

• Automate production and distribution• Focus on answering questions, not delivering numbers

Page 23: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Power Automation

• PPC bid management• Stock powered advertising and creative• Display buying platforms (DSPs)

Page 24: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Trading Analytics

Page 25: LDD Summer Seminar 2013 - DC Storm you can't manage what you can't measure

Trading AnalyticsBeyond website and marketing analytics:-• Margin reporting and attribution• Offer analysis• Product demand• Impact of availability• Stock availability in relation to demand• Order processing performance

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Future - Budget Planning

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The Political Challenges

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Summary• Big data challenge waiting to be solved• Specific characteristics – Diverse data, near real-time, many

audiences, not point in time• Measured Success framework for delivering solutions

• Measurement Hub – Specialist requirements and central to success• Tracking – Audit and validate• Attribution – On-going delivery• Actionable Insights – Answer questions• Trading Analytics – Beyond marketing• Budget planning – The future

• Political challenges

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Thanks for listeningQuestions?Lewis Lenssen- Commercial Director