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1@DaveChaffey
Evaluating Content
Marketing ROI
Techniques, tools and the
VQVC KPIs to help you prove
Content Marketing
Effectiveness
Dr Dave Chaffey
SmartInsights.com
Digital marketing strategy advice
Presented at Technology for Marketing & Advertising, London.
Download: http://bit.ly/smartdigital2015
2@DaveChaffey
About
Dave
About Dave Chaffey
o Consultant and trainer in
Digital since 1997
o Author of 5 bestselling
digital marketing books
o CEO and Editor of
SmartInsights.com - a
marketing advice site
with Expert (Pro)
members in over 50
countries using our
templates, planning
guides and online
courses to improve
results.
3@DaveChaffey
4@DaveChaffey
Countering the social media /
content marketing backlash!
“The theory that people want to engage with brands
online and share their enthusiasm with their friends
and that their friends will share their enthusiasm with
other friends through social media channels has
turned out to be an infantile fantasy”
Source: AdRants
5@DaveChaffey
Content marketing Costs!
 Red Bull now employs approximately
135 people just for their media house
 Nestlé’s digital editorial team consists of
almost 20 community managers and
designers producing content every day.
 Coca-Cola “now reportedly spends more
money creating its own content than it
does on television advertising.”
Contently: State of Content Marketing 2015
6@DaveChaffey
Global content marketing
at Unilever:
$10m in savings with
Percolate pilot
Source: Percolate Unilever case study
7@DaveChaffey CMI: Content Marketing in the UK 2015
8@DaveChaffey
How are you evaluating
content marketing ROI?
Can you measure ROI of:
 A. Overall investment in “content
marketing” including SEO?
 B. Content marketing initiatives?
 C. Individual content assets?
9@DaveChaffey CMI: Content Marketing in the UK 2015
10@DaveChaffey
Should you have “One Content
Marketing Metric” to rule them all?
No, but shows three
main types of value:
o 1. Organic SEO
value
o 2. Conversion value
o 3. Amplification
value (social)
See Moz “One Metric” discussion
11@DaveChaffey
So, what should my KPIs cover?
VQVC
 Volume of visits, interactions with audience
(by channel)
 Quality of visits, interactions, i.e. conversion
 Value of visits, interactions, i.e. revenue
 Cost of content development
12@DaveChaffey
ROI =
(Gain from investment – Cost of investment)
Cost of investment
See Evaluating Content ROI guide by Stephen Bateman for details
13@DaveChaffey
7 Essential techniques for PROVING
the value of content
Need to review value of blog and social media across the
customer lifecycle, i.e. Smart Insights RACE inbound funnel:
 1. Dashboards to prove value to colleagues
 2. Volume - Set up Analytics Segments by channel
 3. Page Value e.g. for blog posts
 4. Revenue per visit e.g. SEO, AdWords, Social
 5. Attribution e.g. Google Analytics, Kissmetrics
 6. ROI calculations – top level and individual content
initiatives
 7. Tools for showing social media amplification
14@DaveChaffey
Create a top-level Dashboard
(by media channel / referrer?)
Source: Michael Brenner
15@DaveChaffey
16@DaveChaffey
n Searches
% Brand
Reach
Awareness
and visits
Unique
visitors
Bounce
rate
Revenue
per visit
Page views/
visit
Act
Interaction
and leads
nLeads
%
Conversion
to lead
Goal value
per visit
Average
order value
Convert
Sales and
profit
nSales
%
Conversion
to sale
Sales
value
n Brand
mentions
Engage
Loyalty and
advocacy
% active
customers
% Customer
conversion
% existing
sales value
Volume Quality Value
Creating a simplified RACE dashboard
Source: Smart Insights: RACE Planning Framework
Segment and attribute for content types and channels
17@DaveChaffey Buffer Open Real Time Dashboard
18@DaveChaffey
Segment your audience
in Google Analytics
 (Advanced) Segments =
Powerful!
 Isolate one type of audience
/ promotion to show their
contribution
 Visits to blog – prompting sale
 New visits to blog
 SEO prompted visits
 Smartphone visits
19@DaveChaffey
Search and Email FAR more important
than social for most retailers
Source: Smart Insights blog
“Forrester: Facebook and Twitter Do Almost Nothing for Sales”
20@DaveChaffey Source: Smart Insights: Content Distribution Matrix
21@DaveChaffey
Use assisted conversions
GA Multichannel funnels
Source: Design Damage
22@DaveChaffey
23@DaveChaffey
Use Buzzsumo, Socialcrawlytics
to show which content gets shared?
Smart Insights: Content sharing tools
24@DaveChaffey
POE:SUMMARY
http://bit.ly/smartpoe
25@DaveChaffey
26@DaveChaffey
Let’s Connect!
Questions & discussion welcome
on Stand H10 or SmartInsights.com
Free, Basic member tools
 Managing Digital Marketing 2014 report
 Managing Customer Experiences 2014 report
 Sample planning templates
 Planning infographics
www.smartinsights.com/membership
Premium, Expert member learning
 7 Step Guides to all digital marketing
 DIY Planning and optimisation templates in
Word, Excel and Powerpoint
 www.smartinsights.com/membership/expert-
member-reasons
 Personal Discount! DAVESAVE20
uk.linkedin.com/in/davechaffey
www.facebook.com/davechaffey
www.twitter.com/DaveChaffey
https://plus.google.com/+DaveChaffeyUK/
Presented at Technology for Marketing & Advertising, London
Download: http://bit.ly/smartdigital2015

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TFM&A - Content Marketing ROI 2015 - Dave Chaffey - Smart Insights

  • 1. 1@DaveChaffey Evaluating Content Marketing ROI Techniques, tools and the VQVC KPIs to help you prove Content Marketing Effectiveness Dr Dave Chaffey SmartInsights.com Digital marketing strategy advice Presented at Technology for Marketing & Advertising, London. Download: http://bit.ly/smartdigital2015
  • 2. 2@DaveChaffey About Dave About Dave Chaffey o Consultant and trainer in Digital since 1997 o Author of 5 bestselling digital marketing books o CEO and Editor of SmartInsights.com - a marketing advice site with Expert (Pro) members in over 50 countries using our templates, planning guides and online courses to improve results.
  • 4. 4@DaveChaffey Countering the social media / content marketing backlash! “The theory that people want to engage with brands online and share their enthusiasm with their friends and that their friends will share their enthusiasm with other friends through social media channels has turned out to be an infantile fantasy” Source: AdRants
  • 5. 5@DaveChaffey Content marketing Costs!  Red Bull now employs approximately 135 people just for their media house  Nestlé’s digital editorial team consists of almost 20 community managers and designers producing content every day.  Coca-Cola “now reportedly spends more money creating its own content than it does on television advertising.” Contently: State of Content Marketing 2015
  • 6. 6@DaveChaffey Global content marketing at Unilever: $10m in savings with Percolate pilot Source: Percolate Unilever case study
  • 7. 7@DaveChaffey CMI: Content Marketing in the UK 2015
  • 8. 8@DaveChaffey How are you evaluating content marketing ROI? Can you measure ROI of:  A. Overall investment in “content marketing” including SEO?  B. Content marketing initiatives?  C. Individual content assets?
  • 9. 9@DaveChaffey CMI: Content Marketing in the UK 2015
  • 10. 10@DaveChaffey Should you have “One Content Marketing Metric” to rule them all? No, but shows three main types of value: o 1. Organic SEO value o 2. Conversion value o 3. Amplification value (social) See Moz “One Metric” discussion
  • 11. 11@DaveChaffey So, what should my KPIs cover? VQVC  Volume of visits, interactions with audience (by channel)  Quality of visits, interactions, i.e. conversion  Value of visits, interactions, i.e. revenue  Cost of content development
  • 12. 12@DaveChaffey ROI = (Gain from investment – Cost of investment) Cost of investment See Evaluating Content ROI guide by Stephen Bateman for details
  • 13. 13@DaveChaffey 7 Essential techniques for PROVING the value of content Need to review value of blog and social media across the customer lifecycle, i.e. Smart Insights RACE inbound funnel:  1. Dashboards to prove value to colleagues  2. Volume - Set up Analytics Segments by channel  3. Page Value e.g. for blog posts  4. Revenue per visit e.g. SEO, AdWords, Social  5. Attribution e.g. Google Analytics, Kissmetrics  6. ROI calculations – top level and individual content initiatives  7. Tools for showing social media amplification
  • 14. 14@DaveChaffey Create a top-level Dashboard (by media channel / referrer?) Source: Michael Brenner
  • 16. 16@DaveChaffey n Searches % Brand Reach Awareness and visits Unique visitors Bounce rate Revenue per visit Page views/ visit Act Interaction and leads nLeads % Conversion to lead Goal value per visit Average order value Convert Sales and profit nSales % Conversion to sale Sales value n Brand mentions Engage Loyalty and advocacy % active customers % Customer conversion % existing sales value Volume Quality Value Creating a simplified RACE dashboard Source: Smart Insights: RACE Planning Framework Segment and attribute for content types and channels
  • 17. 17@DaveChaffey Buffer Open Real Time Dashboard
  • 18. 18@DaveChaffey Segment your audience in Google Analytics  (Advanced) Segments = Powerful!  Isolate one type of audience / promotion to show their contribution  Visits to blog – prompting sale  New visits to blog  SEO prompted visits  Smartphone visits
  • 19. 19@DaveChaffey Search and Email FAR more important than social for most retailers Source: Smart Insights blog “Forrester: Facebook and Twitter Do Almost Nothing for Sales”
  • 20. 20@DaveChaffey Source: Smart Insights: Content Distribution Matrix
  • 21. 21@DaveChaffey Use assisted conversions GA Multichannel funnels Source: Design Damage
  • 23. 23@DaveChaffey Use Buzzsumo, Socialcrawlytics to show which content gets shared? Smart Insights: Content sharing tools
  • 26. 26@DaveChaffey Let’s Connect! Questions & discussion welcome on Stand H10 or SmartInsights.com Free, Basic member tools  Managing Digital Marketing 2014 report  Managing Customer Experiences 2014 report  Sample planning templates  Planning infographics www.smartinsights.com/membership Premium, Expert member learning  7 Step Guides to all digital marketing  DIY Planning and optimisation templates in Word, Excel and Powerpoint  www.smartinsights.com/membership/expert- member-reasons  Personal Discount! DAVESAVE20 uk.linkedin.com/in/davechaffey www.facebook.com/davechaffey www.twitter.com/DaveChaffey https://plus.google.com/+DaveChaffeyUK/ Presented at Technology for Marketing & Advertising, London Download: http://bit.ly/smartdigital2015

Editor's Notes

  1. Based on common mistakes I see and opportunities for more sophisticated. Showing examples of good practice. Start at centre with some of the mistakes, look at social and head offline. Checklist to review your practice.
  2. See the Ad Contrarian – Bob Hoffmann: http://www.adrants.com/2014/04/bob-hoffman-says-marketers-are-drowning.php
  3. But shares and visits don’t show business value