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  • What Is Incrementality & Why Is It Important in Marketing ?

    26 mars 2024, par Erin

    Imagine this : you just launched your latest campaign and it was a major success.

    You blew last month’s results out of the water.

    You combined a variety of tactics, channels and ad creatives to make it work.

    Now, it’s time to build the next campaign.

    The only issue ?

    You don’t know what made it successful or how much your recent efforts impacted the results.

    You’ve been building your brand for years. You’ve built up a variety of marketing pillars that are working for you. So, how do you know how much of your campaign is from years of effort or a new tactic you just implemented ?

    The key is incrementality.

    This is a way to properly attribute the right weight to your marketing tactics.

    In this article, we break down what incrementality is in marketing, how it differs from traditional attribution and how you can calculate and track it to grow your business.

    What is incrementality in marketing ?

    Incrementality in marketing is growth that can be directly credited to a marketing effort above and beyond the success of the branding.

    It looks at how much a specific tactic positively impacted a campaign on top of overall branding and marketing strategies.

    What is incrementally in marketing?

    For example, this could be how much a specific tactic, campaign or channel helped increase conversions, email sign-ups or organic traffic.

    The primary purpose of incrementally in marketing is to more accurately determine the impact a single marketing variable had on the success of a project.

    It removes every other factor and isolates the specific method to help marketers double down on that strategy or move on to new tactics.

    With Matomo, you can track conversions simply. With our last non-direct channel attribution system, you’ll be able to quickly see what channels are converting (and which aren’t) so you can gain insights into incrementality. 

    See why over 1 million websites choose Matomo today.

    Try Matomo for Free

    Get the web insights you need, without compromising data accuracy.

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    How incrementality differs from attribution

    In marketing and advertising, it’s crucial to understand what tactics and activities drive growth.

    Incrementality and attribution help marketers and business owners understand what efforts impact their results.

    But they’re not the same.

    Here’s how they differ :

    Incrementality vs. attribution

    Incrementality explained

    Incrementality measures how much a specific marketing campaign or activity drives additional sales or growth.

    Simply put, it’s analysing the difference between having never implemented the campaign (or tactic or channel) in the first place versus the impact of the activity.

    In other words, how much revenue would you have generated this month without campaign A ?

    And how much additional revenue did you generate directly due to campaign A ?

    The reality is that dozens of factors impact revenue and growth.

    You aren’t just pouring your marketing into one specific channel or campaign at a time.

    Chances are, you’ve got your hands on several marketing initiatives like SEO, PPC, organic social media, paid search, email marketing and more.

    Beyond that, you’ve built a brand with a not-so-tangible impact on your recurring revenue.

    So, the question is, if you took away your new campaign, would you still be generating the same amount of revenue ?

    And, if you add in that campaign, how much additional revenue and growth did it directly create ?

    That is incrementality. It’s how much a campaign went above and beyond to add new revenue that wouldn’t have been there otherwise.

    So, how does attribution play into all of this ?

    Attribution explained

    Attribution is simply the process of assigning credit for a conversion to a particular marketing touchpoint.

    While incrementality is about narrowing down the overall revenue impact from a particular campaign, attribution seeks to point to a specific channel to attribute a sale.

    For example, in any given marketing campaign, you have a few marketing tactics.

    Let’s say you’re launching a limited-time product.

    You might have :

    • Paid ads via Facebook and Instagram
    • A blog post sharing how the product works
    • Organic social media posts on Instagram and TikTok
    • Email waitlist campaign building excitement around the upcoming product
    • SMS campaigns to share a limited-time discount

    So, when the time comes for the sale launch, and you generate $30,000 in revenue, what channel gets the credit ?

    Do you give credit to the paid ads on Facebook ? What about Instagram ? They got people to follow you and got them on the email waitlist.

    Do you give credit to email for reminding people of the upcoming sale ? What about your social media posts that reminded people there ?

    Or do you credit your SMS campaign that shared a limited-time discount ?

    Which channel is responsible for the sale ?

    This is what attribution is all about.

    It’s about giving credit where credit is due.

    The reason you want to attribute credit ? So you know what’s working and can double down your efforts on the high-impact marketing activities and channels.

    Leveraging incrementality and attribution together

    Incrementality and attribution aren’t competing methods of analysing what’s working.

    They’re complementary to one another and go hand in hand.

    You can (and should) use attribution and incrementality in your marketing to help understand what activities, campaigns and channels are making the biggest incremental impact on your business growth.

    Why it’s important to measure incrementality

    Incrementality is crucial to measure if you want to pour your time, money and effort into the right marketing channels and tactics.

    Here are a few reasons why you need to measure incrementality if you want to be successful with your marketing and grow your business :

    1. Accurate data

    If you want to be an effective marketer, you need to be accurate.

    You can’t blindly start marketing campaigns in hopes that you will sell many products or services.

    That’s not how it works.

    Sure, you’ll probably make some sales here and there. But to truly be effective with your work, you must measure your activities and channels correctly.

    Incrementality helps you see how each channel, tactic or campaign made a difference in your marketing.

    Matomo gives you 100% accurate data on your website activities. Unlike Google Analytics, we don’t use data sampling which limits how much data is analysed.

    Screenshot example of the Matomo dashboard

    2. Helps you to best determine the right tactics for success

    How can you plan your marketing strategy if you don’t know what’s working ?

    Think about it.

    You’ll be blindly sailing the seas without a compass telling you where to go.

    Measuring incrementality in your marketing tactics and channels helps you understand the best tactics.

    It shows you what’s moving the needle (and what’s not).

    Once you can see the most impactful tactics and channels, you can forge future campaigns that you know will work.

    3. Allows you to get the most out of your marketing budget

    Since incrementality sheds light on what’s moving your business forward, you can confidently implement your efforts on the right tactics and channels.

    Guess what happens when you start doubling down on the most impactful activities ?

    You start increasing revenue, decreasing ad spend and getting a higher return on investment.

    The result is that you will get more out of your marketing budget.

    Not only will you boost revenue, but you’ll also be able to boost profit margins since you’re not wasting money on ineffective tactics.

    4. Increase traffic

    When you see what’s truly working in your business, you can figure out what channels and tactics you should be working.

    Incrementality helps you understand not only what your best revenue tactics are but also what channels and campaigns are bringing in the most traffic.

    When you can increase traffic, you can increase your overall marketing impact.

    5. Increase revenue

    Finally, with increased traffic, the inevitable result is more conversions.

    More conversions mean more revenue.

    Incrementality gives you a vision of the tactics and channels that are converting the best.

    If you can see that your SMS campaigns are driving the best ROI, then you know that you’ll grow your revenue by pouring more into acquiring SMS leads.

    By calculating incrementality regularly, you can rest assured that you’re only investing time and money into the most impactful activities in terms of revenue generation.

    How to calculate and test incrementality in marketing

    Now that you understand how incrementality works and why it’s important to calculate, the question is : 

    How do you calculate and conduct incrementality tests ?

    Given the ever-changing marketing landscape, it’s crucial to understand how to calculate and test incrementally in your business.

    If you’re not sure how incrementality testing works, then follow these simple steps :

    How to test and analyze incrementality in marketing?

    Your first step to get an incrementality measurement is to conduct what’s referred to as a “holdout test.”

    It’s not a robust test, but it’s an easy way to get the ball rolling with incrementality.

    Here’s how it works :

    1. Choose your target audience.

    With Matomo’s segmentation feature, you can get pretty specific with your target audience, such as :

      • Visitors from the UK
      • Returning visitors
      • Mobile users
      • Visitors who clicked on a specific ad
    1. Split your audience into two groups :
      • Control group (60% of the segment)
      • Test group (40% of the segment)
    1. Target the control group with your marketing tactic (the simpler the tactic, the better).
    1. Target the test group with a different marketing tactic.
    1. Analyse the results. The difference between the control and test groups is the incremental lift in results. The new marketing tactic is either more effective or not.
    1. Repeat the test with a new control group (with an updated tactic) and a new test group (with a new tactic).

    Matomo can help you analyse the results of your campaigns in our Goals feature. Set up business objectives so you can easily track different goals like conversions.

    Try Matomo for Free

    Get the web insights you need, without compromising data accuracy.

    No credit card required

    Here’s an example of how this incrementality testing could look in real life.

    Imagine a fitness retailer wants to start showing Facebook ads in their marketing mix.

    The marketing manager decided to conduct a holdout test. If we match our example below with the steps above, this is how the holdout test might look.

    1. They choose people who’ve purchased free weights in the past as their target audience (see how that segmentation works ?).
    2. They split this segment into a control group and a test group.
    3. For this test, they direct their regular marketing campaign to the control group (60% of the segment). The campaign includes promoting a 20% off sale on organic social media posts, email marketing, and SMS.
    4. They direct their regular marketing campaign plus Facebook ads to the test group (40% of the segment).
    5. They ran the campaign for three weeks with the goal for sale conversions and noticed :
      • The control group had a 1.5% conversion rate.
      • The test group (with Facebook ads) had a 2.1% conversion rate.
      • In this scenario, they could see the group who saw the Facebook ads convert better.
      • They created the following formula to measure the incremental lift of the Facebook ads :
    Calculation: Incrementality in marketing.
      • Here’s how the calculation works out : (2.1% – 1.5%) / 1.5% = 40%

    The Facebook ads had a positive 40% incremental lift in conversions during the sale.

    Incrementality testing isn’t a one-and-done process, though.

    While this first test is a great sign for the marketing manager, it doesn’t mean they should immediately throw all their money into Facebook ads.

    They should continue conducting tests to verify the initial test.

    Use Matomo to track incrementality today

    Incrementality can give you insights into exactly what’s working in your marketing (and what’s not) so you can design proven strategies to grow your business.

    If you want more help tracking your marketing efforts, try Matomo today.

    Our web analytics and behaviour analytics platform gives you firsthand data on your website visitors you can use to craft effective marketing strategies.

    Matomo provides 100% accurate data. Unlike other major web analytics platforms, we don’t do data sampling. What you see is what’s really going on in your website. That way, you can make more informed decisions for better results.

    At Matomo, we take privacy very seriously and include several advanced privacy protections to ensure you are in full control.

    As a fully compliant web analytics solution, we’re fully compliant with some of the world’s strictest privacy regulations like GDPR. With Matomo, you get peace of mind knowing you can make data-driven decisions while also being compliant. 

    If you’re ready to launch a data-driven marketing strategy today and grow your business, get started with our 21-day free trial now. No credit card required.

  • Attribution Tracking (What It Is and How It Works)

    23 février 2024, par Erin

    Facebook, TikTok, Google, email, display ads — which one is best to grow your business ? There’s one proven way to figure it out : attribution tracking.

    Marketing attribution allows you to see which channels are producing the best results for your marketing campaigns.

    In this guide, we’ll show you what attribution tracking is, why it’s important and how you can leverage it to accelerate your marketing success.

    What is attribution tracking ?

    By 2026, the global digital marketing industry is projected to reach $786.2 billion.

    With nearly three-quarters of a trillion U.S. dollars being poured into digital marketing every year, there’s no doubt it dominates traditional marketing.

    The question is, though, how do you know which digital channels to use ?

    By measuring your marketing efforts with attribution tracking.

    What is attribution tracking?

    So, what is attribution tracking ?

    Attribution tracking is where you use software to keep track of different channels and campaign efforts to determine which channel you should attribute conversion to.

    In other words, you can (and should) use attribution tracking to analyse which channels are pushing the needle and which ones aren’t.

    By tracking your marketing efforts, you’ll be able to accurately measure the scale of impact each of your channels, campaigns and touchpoints have on a customer’s purchasing decision.

    If you don’t track your attribution, you’ll end up blindly pouring time, money, and effort into activities that may or may not be helpful.

    Attribution tracking simply gives you insight into what you’re doing right as a marketer — and what you’re doing wrong.

    By understanding which efforts and channels are driving conversions and revenue, you’ll be able to properly allocate resources toward winning channels to double down on growth.

    Matomo lets you track attribution across various channels. Whether you’re looking to track your conversions through organic, referral websites, campaigns, direct traffic, or social media, you can see all your conversions in one place.

    Try Matomo for Free

    Get the web insights you need, without compromising data accuracy.

    No credit card required

    Why attribution tracking is important

    Attribution tracking is crucial to succeed with your marketing since it shows you your most valuable channels.

    It takes the guesswork out of your efforts.

    You don’t need to scratch your head wondering what made your campaigns a success (or a failure).

    While most tools show you last click attribution by default, using attribution tracking, or marketing attribution, you can track revenue and conversions for each touchpoint.

    For example, a Facebook ad might have no led to a conversion immediately. But, maybe the visitor returned to your website two weeks later through your email campaign. Attribution tracking will give credit over longer periods of time to see the bigger picture of how your marketing channels are impacting your overall performance.

    Here are five reasons you need to be using attribution tracking in your business today :

    Why attribution tracking is important.

    1. Measure channel performance

    The most obvious way attribution tracking helps is to show you how well each channel performs.

    When you’re using a variety of marketing channels to reach your audience, you have to know what’s actually doing well (and what’s not).

    This means having clarity on the performance of your :

    • Emails
    • Google Ads
    • Facebook Ads
    • Social media marketing
    • Search engine optimisation (SEO)
    • And more

    Attribution tracking allows you to measure each channel’s ROI and identify how much each channel impacted your campaigns.

    It gives you a more accurate picture of the performance of each channel and each campaign.

    With it, you can easily break down your channels by how much they drove sales, conversions, signups, or other actions.

    With this information, you can then understand where to further allocate your resources to fuel growth.

    2. See campaign performance over longer periods of time

    When you start tracking your channel performance with attribution tracking, you’ll gain new insights into how well your channels and campaigns are performing.

    The best part — you don’t just get to see recent performance.

    You get to track your campaign results over weeks or months.

    For example, if someone found you through Google by searching a question that your blog had an answer to, but they didn’t convert, your traditional tracking strategy would discount SEO.

    But, if that same person clicked a TikTok ad you placed three weeks later, came back, and converted — SEO would receive some attribution on the conversion.

    Using an attribution tracking tool like Matomo can help paint a holistic view of how your marketing is really doing from channel to channel over the long run.

    Try Matomo for Free

    Get the web insights you need, without compromising data accuracy.

    No credit card required

    3. Increase revenue

    Attribution tracking has one incredible benefit for marketers : optimised marketing spend.

    When you begin looking at how well your campaigns and your channels are performing, you’ll start to see what’s working.

    Attribution tracking gives you clarity into the performance of campaigns since it’s not just looking at the first time someone clicks through to your site. It’s looking at every touchpoint a customer made along the way to a conversion.

    By understanding what channels are most effective, you can pour more resources like time, money and labour into those effective channels.

    By doubling down on the winning channels, you’ll be able to grow like never before.

    Rather than trying to “diversify” your marketing efforts, lean into what’s working.

    This is one of the key strategies of an effective marketer to maximise your campaign returns and experience long-term success in terms of revenue.

    4. Improve profit margins

    The final benefit to attribution tracking is simple : you’ll earn more profit.

    Think about it this way : let’s say you’re putting 50% of your marketing spend into Facebook ads and 50% of your spend into email marketing.

    You do this for one year, allocating $500,000 to Facebook and $500,000 to email.

    Then, you start tracking attribution.

    You find that your Facebook ads are generating $900,000 in revenue. 

    That’s a 1,800% return on your investment.

    Not bad, right ?

    Well, after tracking your attribution, you see what your email revenue is.

    In the past year, you generated $1.7 million in email revenue.

    That’s a 3,400% return on your investment (close to the average return of email marketing across all industries).

    In this scenario, you can see that you’re getting nearly twice as much of a return on your marketing spend with email.

    So, the following year, you decide to go for a 75/25 split.

    Instead of putting $500,000 into both email and Facebook ads and email, you put $750,000 into email and $250,000 into Facebook ads.

    You’re still diversifying, but you’re doubling down on what’s working best.

    The result is that you’ll be able to get more revenue by investing the same amount of money, leaving you with higher profit margins.

    Different types of marketing attribution tracking

    There are several types of attribution tracking models in marketing.

    Depending on your goals, your business and your preferred method, there are a variety of types of attribution tracking you can use.

    Here are the six main types of attribution tracking :

    Pros and cons of different marketing attribution models.

    1. Last interaction

    Last interaction attribution model is also called “last touch.”

    It’s one of the most common types of attribution. The way it works is to give 100% of the credit to the final channel a customer interacted with before they converted into a customer.

    This could be through a paid ad, direct traffic, or organic search.

    One potential drawback of last interaction is that it doesn’t factor in other channels that may have assisted in the conversion. However, this model can work really well depending on the business.

    2. First interaction

    This is the opposite of the previous model.

    First interaction, or “first touch,” is all about the first interaction a customer has with your brand.

    It gives 100% of the credit to the channel (i.e. a link clicked from a social media post). And it doesn’t report or attribute anything else to another channel that someone may have interacted with in your marketing mix.

    For example, it won’t attribute the conversion or revenue if the visitor then clicked on an Instagram ad and converted. All credit would be given to the first touch which in this case would be the social media post. 

    The first interaction is a good model to use at the top of your funnel to help establish which channels are bringing leads in from outside your audience.

    3. Last non-direct

    Another model is called the last non-direct attribution model. 

    This model seeks to exclude direct traffic and assigns 100% credit for a conversion to the final channel a customer interacted with before becoming a customer, excluding clicks from direct traffic.

    For instance, if someone first comes to your website from an emai campaignl, and then, a week later, directly visits and buys a product, the email campaign gets all the credit for the sale.

    This attribution model tells a bit more about the whole sales process, shedding some more light on what other channels may have influenced the purchase decision.

    4. Linear

    Another common attribution model is linear.

    This model distributes completely equal credit across every single touchpoint (that’s tracked). 

    Imagine someone comes to your website in different ways : first, they find it through a Google search, then they click a link in an email from your campaign the next day, followed by visiting from a Facebook post a few days later, and finally, a week later, they come from a TikTok ad. 

    Here’s how the attribution is divided among these sources :

    • 25% Organic
    • 25% Email
    • 25% Facebook
    • 25% TikTok ad

    This attirubtion model provides a balanced perspective on the contribution of various sources to a user’s journey on your website.

    5. Position-based

    Position-based attribution is when you give 40% credit to both the first and last touchpoints and 20% credit is spread between the touchpoints in between.

    This model is preferred if you want to identify the initial touchpoint that kickstarted a conversion journey and the final touchpoint that sealed the deal.

    The downside is that you don’t gain much insight into the middle of the customer journey, which can make it hard to make effective decisions.

    For example, someone may have been interacting with your email newsletter for seven weeks, which allowed them to be nurtured and build a relationship with you.

    But that relationship and trust-building effort will be overlooked by the blog post that brought them in and the social media ad that eventually converted them.

    6. Time decay

    The final attribution model is called time decay attribution.

    This is all about giving credit based on the timing of the interactions someone had with your brand.

    For example, the touchpoints that just preceded the sale get the highest score, while the first touchpoints get the lowest score.

    For example, let’s use that scenario from above with the linear model :

    • 25% SEO
    • 25% Email
    • 25% Facebook ad
    • 25% Organic TikTok

    But, instead of splitting credit by 25% to each channel, you weigh the ones closer to the sale with more credit.

    Instead, time decay may look at these same channels like this :

    • 5% SEO (6 weeks ago)
    • 20% Email (3 weeks ago)
    • 30% Facebook ad (1 week ago)
    • 45% Organic TikTok (2 days ago)

    One downside is that it underestimates brand awareness campaigns. And, if you have longer sales cycles, it also isn’t the most accurate, as mid-stage nurturing and relationship building are underlooked. 

    Leverage Matomo : A marketing attribution tool

    Attribution tracking is a crucial part of leading an effective marketing strategy.

    But it’s impossible to do this without the right tools.

    A marketing attribution tool can give you insights into your best-performing channels automatically. 

    What is a marketing attribution tool?

    One of the best marketing attribution tools available is Matomo, a web analytics tool that helps you understand what’s going on with your website and different channels in one easy-to-use dashboard.

    With Matomo, you get marketing attribution as a plug-in or within Matomo On-Premise or for free in Matomo Cloud.

    The best part is it’s all done with crystal-clear data. Matomo gives you 100% accurate data since it doesn’t use data sampling on any plans like Google Analytics.

    To start tracking attribution today, try Matomo’s 21-day free trial. No credit card required.

  • How to Measure Marketing Effectiveness : A Step-by-Step Guide

    22 février 2024, par Erin

    Are you struggling to prove that your marketing efforts are having a measurable impact on your company’s performance ? We get it. 

    You would think that digital marketing would make it easier to track the effectiveness of your marketing efforts. But in many ways, it’s harder than ever. With so many channels and strategies competing against each other, it can feel impossible to pin down the campaign that caused a conversion. 

    That leaves you in a tricky spot as a marketing manager. It can be hard to know which campaigns to persevere with and harder still to prove your worth to stakeholders. 

    Thankfully, there are several strategies you can use to measure the success of your campaigns and put a value on your efforts. So, if you want to learn how you can measure the effectiveness of your marketing, improve the ROI of your efforts and prove your value as an employee, read on. 

    What is marketing effectiveness ?

    Marketing effectiveness measures how successful a marketing strategy or campaign is and the extent to which it achieves goals and business objectives.

    What Is Marketing Effectiveness

    It’s a growing concern for brands, with research showing that 61.2% say measuring marketing effectiveness has become a more prominent factor in decision-making over the last three years. In other words, it’s becoming critical for marketers to know how to measure their effectiveness. 

    But it’s getting harder to do so. A combination of factors, including channel fragmentation, increasingly convoluted customer journeys, and the deprecation of third-party cookies, makes it hard for marketing teams to measure marketing performance. 

    Why you need to measure marketing effectiveness

    Imagine ploughing thousands of dollars into a campaign and not being confident that your efforts bore fruit. It’s unthinkable, right ? If you care about optimising campaigns and improving your worth as a marketer, measuring marketing effectiveness is necessary. 

    Why you need to measure marketing effectiveness

    Optimise marketing campaigns

    Do you know how effectively each campaign generates conversions and drives revenue ? No ? Then, you need to measure marketing effectiveness.

    Doing so could also shine a light on ways to improve your campaigns. One paid ad campaign may suffer from a poor return on ad spend caused by high CPCs. Targeting less competitive keywords could dramatically reduce your costs. 

    Improve ROI

    Today, marketing budgets make up almost 10% of a company’s total revenue, up from 6.4% in 2021. With so much revenue at stake, you’ve got to deliver a return on that investment. 

    Measuring marketing effectiveness can help you identify the campaigns or strategies delivering the highest ROI so you can invest more heavily into them. On the other side of the same coin, you can use the data to strike off any campaigns that aren’t pulling their weight — increasing your ROI even further. 

    Demonstrate value

    Let’s get selfish for a second. Whether you’re an in-house marketing manager or work for an agency, the security of your paycheck depends on your ability to deliver high-ROI campaigns. 

    Measuring your marketing effectiveness lets you showcase your value to your company and clients. It helps you build stronger relationships that can lead to bigger and better opportunities in the future. 

    We should take this opportunity to point out that a good tool for measuring marketing effectiveness is equally important. You probably think Google Analytics will do the job, right ? But when you start implementing the strategies we discuss below, there’s a good chance you’ll have data quality issues. 

    That was the case for full-service marketing agency MHP/Team SI, which found Google Analytics’ data sampling severely limited the quantity and quality of insights they could collect. It was only by switching to Matomo, a platform that doesn’t use data sampling, that the agency could deliver the insights its clients needed to grow. 

    Further reading :

    Try Matomo for Free

    Get the web insights you need, without compromising data accuracy.

    No credit card required

    How to measure marketing effectiveness

    Measuring marketing effectiveness is not always easy, especially if you have long buying cycles and a lack of good-quality data. Make things as easy as possible by following the steps below :

    Know what success looks like

    You can’t tell whether your campaigns are effective if you don’t know what you are trying to achieve. That’s why the first step in measuring marketing effectiveness is to set a clear goal. 

    So, ask yourself what success looks like for each campaign you launch. 

    Remember, a campaign doesn’t have to drive leads to be considered effective. If all you wanted to do was raise brand awareness or increase organic traffic, you could achieve both goals without recording a single conversion. 

    We’d wager that’s probably not true for most marketing managers. It’s much more likely you want to achieve something like the following :

    • Generating 100 new customers
    • Increasing revenue by 20%
    • Selling $5,000 of your new product line
    • Reducing customer churn by 50%
    • Achieving a return on ad spend of 150%

    Conventional goal-setting wisdom applies here. So, ensure your goals are measurable, timely, relevant and achievable. 

    Track conversions

    Setting up conversion tracking in your web analytics platform is vital to measuring marketing effectiveness accurately. 

    What you count as a conversion event will depend on the goals you’ve set above. It doesn’t have to be a sale, mind you. Downloading an ebook or signing up for a webinar are worthy conversion goals, especially if you know they increase the chances of a customer converting. 

    A screenshot of the Matomo goals dashboard

    Whichever platform you choose, ensure it can meet your current and future needs. This is one of the reasons open-source content management system Concrete CMS opted for Matomo when choosing a new website analytics platform. The flexibility of the Matomo platform gave Concrete CMS the adaptability it needed for future growth. 

    Try Matomo for Free

    Get the web insights you need, without compromising data accuracy.

    No credit card required

    Decide on an attribution model

    Marketing attribution is a way of measuring the impact of different channels and touchpoints across the customer journey. If you can assign a value to each conversion, you can use a marketing attribution model to quantify the value of your channels and campaigns.

    While most web analytics platforms simply credit the last touchpoint, marketing attribution offers a more comprehensive view by considering all interactions along the customer journey. This distinction is important because relying solely on the last touchpoint can lead to skewed insights and misallocation of resources and budget. 

    By adopting a marketing attribution approach, you can make more informed decisions, optimizing your campaigns and maximizing your return on investment.

    Pros and cons of different marketing attribution models.

    There are several different attribution models you can use to give credit to your various campaigns. These include :

    • First interaction : Gives all the credit to the first channel in the customer journey.
    • Last interaction : Gives all the credit to the last channel in the customer journey.
    • Last non-direct attribution : Gives all credit to the final touchpoint in the customer journey, except for direct interactions. In those cases, credit is given to the touchpoint just before the direct one.
    • Linear attribution : Distributes credit equally across all touchpoints.
    • Position-based attribution : Attributes 40% credit to the first and last touchpoints and distributes the remaining 20% evenly across all other touchpoints. 

    Consider carefully which attribution model to use, as this can significantly impact your marketing effectiveness calculation by giving certain campaigns too much credit.

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    Analyse KPIs

    Tracking KPIs is essential if you want to quantify the impact of your marketing campaigns. But which metrics should you track ?

    To improve brand awareness or traffic, so-called vanity metrics like sessions, returning visitors, and organic traffic may suffice as KPIs. 

    However, that’s not going to be the case for most marketers, whose performance is tied to revenue and ROI. If that’s you, put vanity metrics to one side and focus on the following conversion metrics instead :

    • Conversion rate : the percentage of users who complete a desired action. 
    • Return on ad spend : the revenue earned for every dollar spent on a campaign.
    • Return on investment : a broader calculation than ROAS, typically calculated across all your marketing efforts. 
    • Customer lifetime value : the total amount a customer will spend throughout their relationship with your company.
    • Customer acquisition cost : the cost to acquire each customer on average.
    A screenshot of a conversion report in Matomo

    Your analytics platform and advertising tools should track most of these KPIs by default. Matomo, for instance, automatically calculates your conversion rate in the Goals report

    How to present your marketing effectiveness

    Calculating your marketing effectiveness is one thing, but it’s important to share this information with stakeholders — whether those are executives in your company or your agency’s clients. 

    Follow the steps below to create an insightful and compelling marketing report :

    • Set the scene. There’s no guarantee that the people reading your report will know your goals. So, add context at the start of the reporting by spelling out what you are trying to achieve and why. 
    • Select the right data. You don’t want to overwhelm the reader with facts and figures, but you do need to provide hard evidence of your success. Include the KPIs you used to measure your success and show how these have changed over time. You can also support your report with audience insights such as heatmaps or customer surveys.
    • Tell a story with your presentation. Give your presentation a narrative arc with a beginning, middle, and end. Start with what you want to achieve, describe how you plan to achieve it and end with the results. Support your story with graphs and other visual aids that hold your reader’s attention. 
    • Provide a concise summary. Not everyone will read your presentation cover to cover. With that in mind, provide a summary of your report at the start or end that shows what you achieved and quantifies your marketing effectiveness. 

    How to improve marketing effectiveness

    Don’t settle for simply measuring your marketing effectiveness. Use the following strategies to make future campaigns as effective as possible. 

    Understand customer behaviour

    More effective marketing campaigns start by deeply understanding your customers, who they are, and how they behave. This allows you to take an audience-first approach to your marketing efforts and design campaigns around the unique needs of your customers. 

    Gather as much first-party data as you can. Surveys, focus groups, and other market research techniques can help you learn more about who your customers are, but don’t disregard the quantitative data you can gather from your web analytics platform. 

    Using Heatmaps, Session Recordings and behavioural analytics tools, you can learn exactly how customers behave when they land on your site, where they focus their attention and which pages they look at first. 

    Screenshot of Matomo heatmap feature

    These insights can help you turn an average campaign into an exceptional one. For example, a heatmap may highlight the need to move CTA buttons above the fold to increase conversions. A session recording could pinpoint the problems users have when filling out your website’s forms. 

    Further reading :

    Optimise landing pages

    Developing a culture of testing and experimentation is a great way to improve your marketing effectiveness. Let’s dive into A/B testing.

    By tweaking various elements of your landing pages, you can squeeze every last conversion from your campaigns.

    A screenshot of a Matomo A/B test campaign

    We have a guide on conversion funnel optimisation, which we recommend you check out, but I’ll briefly list some of the optimisations you could test :

    • Making your CTAs actionable and compelling
    • Integrating images and videos
    • Adding testimonials and other forms of social proof
    • Reducing form fields

    Use a different attribution model

    It might be that some campaigns, strategies or traffic sources aren’t getting the love they deserve. By changing your attribution model, you can significantly change the perceived effectiveness of certain campaigns. 

    Let’s say you use a last-touch attribution model, for instance. Only the last channel customers will get credit for each conversion, meaning top-of-the-funnel campaigns like SEO may be deemed less effective than they are. 

    It’s why you must continually test, tweak and validate your chosen model — and why changing it can be so powerful. 

    Measure your marketing effectiveness with Matomo

    Measuring your marketing effectiveness is hard work. But it’s vital to optimise campaigns, improve your ROI and demonstrate your value. 

    The good news is that Matomo makes things a lot easier thanks to its comprehensive conversion tracking, attribution modelling capabilities and behavioural insight features like Heatmaps, A/B Testing and Session Recordings. 

    Take steps today to start measuring (and improving) the effectiveness of your marketing with our 21-day free trial. No credit card required.