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When it comes to measuring how
engaged your audience is, your email open and clickthrough rates are the best
way to gauge their level of interest, right? Not necessarily. If you're only
looking at email metrics, you're not getting a true picture of how your
marketing efforts are performing. Measuring audience engagement can have an
impact on your future campaigns...
...and your bottom line. Follow
this five step guide to improving the way you measure just how interested
your audience really is.
Step
1: Perform a Metrics Inventory
Take a look at your email
marketing, web analytics, CRM system and other software tools to determine
what metrics are available to you. If you're using a software package like Lyris HQ, you'll have
metrics similar to the following that you can use to make judgments about
your audience's level of engagement:
Email
Marketing Data
Open rates: In order for a message recipient to begin the engagement
process, they have to open that email first. High open rates are a good sign
that your brand is well-recognized and/or your email subject line is appealing.
Unique Opens: Unique Opens show the number of people who opened the
email message. So a large difference between Opens and Unique Opens means
that many people are keeping your email in their inbox and looking at it
multiple times, a good sign that they're interested in its content.
Clickthroughs: Beyond open rates, clickthrough rates indicate a positive response to your email content,
especially your call to action.
Unique Clickthroughs: Like Unique Opens, Unique Clickthroughs show the number
of people who click links in your email. So a large difference between Clicks
and Unique Clicks means that people are clicking different links in the same
email message, or they might be clicking the same link more than once.
PPC
Campaign Data
Clickthroughs: Understanding your clickthrough rate versus the number
of times your ad was served will give you a solid idea of how engaging and
relevant visitors find your pay per click campaigns.
Web
Analytics Data
Average time on site: Visitors who spend a short amount of time on your site
are probably much less engaged than visitors who spend longer amounts of
time.
Number of page views: Interested visitors enter on one page and continue
through the site. Typically, the more pages visitors see, the higher their
level of engagement with your site.
Number of short visits: Short visits are essentially visitors who only look at
the first page they see and then leave your site. For an email newsletter, it
might be expected for visitors to do this, but if your goal is to engage them
deeper into the site, short visits are a sign of landing page failure and
unengaged visitors.
Number of soft goals met: Examples of what I call "soft goals" are
signing up for an e-newsletter, downloading a white paper, or even just
taking a closer look at an in-depth product specs page. All of these can be
indicative of growing levels of visitor interest. You can establish these
goals with the Lyris HQ Web analytics tool
using the Funnel Report and then track them in other areas such as the
Campaign Report, Search Report, or Data Dissection Report.
Number of conversion events: Certainly, going through the checkout process or filling
out the lead generation form and hitting the submit button are undeniable
signs of visitor engagement.
Step
2: Identify your Audiences
Not everyone in your audience has
the same intent, so they need to be measured differently. You should have
different expectations for an email newsletter sent to current customers than
for a search engine keyword that doesn't contain your company name. Customers
receiving the e-newsletter are already familiar with your organization, and
your goal is probably either to cross-sell other products/services or to keep
them engaged with your brand. In contrast, the visitors from search engines
in this example might be researching a future buying decision.
It's important to look across all
your channels of communication - email, search engines, social media, direct mail,
etc. - and match them with appropriate engagement goals from step #1 based on
your expectations.
For example, everyone who visits
your site can be put into one large "Web site visitors" group. But
they can also be segmented into smaller groups based on things they share in common. For example, Web
site visitors can be segmented into "new visitors" versus
"return visitors" or "visitors who arrived via a PPC
campaign" versus "visitors who arrived via organic search". By
taking a closer look at the audiences within your audiences, you're setting
yourself up to get a more accurate picture of each audience's engagement.
Step
3: Determine What Worked and What Didn't
At this point, the marketing
campaigns have been run and the data is available - it's time to take a
closer look at those PPC ads, email messages and landing pages that performed
well and those that were flops:
- Did one email campaign completely outperform another
when it came to engagement metrics?
- Was there particular messaging that seemed to work
best?
- What combination of audience segments and marketing
mediums yielded the most promising results?
Compare your current results to
results from past marketing campaigns to see where engagement is increasing
and where you have room for improvement.
And don't worry about benchmarking
your metrics against your competitors or even other businesses outside of
your industry. The best benchmarks you can get are your own past performance
and historic data.
Step
4: Go Beyond What Didn't Work and into Why it Didn't Work
Rather than simply creating a list
of good and bad campaigns, messages and tactics, improve future visitor
engagement by better understanding how and why one email campaign, landing
page or PPC ad performed better than the other. Here are a couple of helpful
techniques:
- Apply a Lower Standard
Let's say you have an email marketing campaign that's intended to drive visitors to a specific
goal. If too few are reaching the goal, look at average time on site or
pages per visitor. If those numbers are also lower than expected, work
your way back through short visit rate, clickthrough rate, etc. to find
a point where the email campaign did perform well. The first data point
that is underperforming can pinpoint the trouble spot. - Segment in the Funnel Report
The Funnel Report in Lyris HQ
visually shows you how visitors are moving through your site. Create a
segment to display only visitors from an underperforming campaign and
apply it to the Funnel Report. Then, take a close look at the report, paying
special attention to unintended areas of the site that they visit. This
may reveal opportunities to cross-sell or shift your message.
Step
5: Test and Repeat
So you've launched your marketing
campaign, collected the data, determined what worked and what didn't, and
developed some theories around why. What's next? Test your new theories.
Whether you're making a few tweaks to an email campaign or performing A/B tests on landing pages, testing should be a standard part in all of your
marketing campaigns. By reviewing past performance for campaign elements that
improved visitor engagement, your future campaigns will continue to meet and
exceed visitors' needs and expectations.
Measuring
Engagement Isn't Hard, But it is Necessary
Certainly, understanding how and
why your audience is engaging with your brand is imperative to its continued
success. By taking stock of your tools, identifying your target audiences,
figuring out what worked and why, and collecting your insights to test in
future marketing campaigns, you'll be well on your way toward achieving
higher levels of audience engagement and more conversions.
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