Data Driven Marketing: Understanding and Measuring Your Total ROI

Editor's Note: Today's post comes courtesy of Daniel Newman, President of Broadsuite, a company dedicated to helping companies be found, seen, and heard online by tying together paid, owner, and earned media to drive meaningful business outcomes. Newman is the author of 3 Amazon Best-Selling Books, “Evolve, Marketing (^as we know it is Doomed), “The New Rules of Customer Engagement,” and “The Millennial CEO.” He is a regular contributor to Forbes, Entrepreneur, and Huffington Post, a global keynote speaker, as well as an adjunct professor and advisor to some of the world’s largest brands.

What is that one thing that has the focus of every marketer? ROI – the magic word for any company that invests in marketing. However, time and again, it has been proven that ROI is not easy to find. In a business world that’s largely driven by returns, it has become increasingly necessary for businesses to be able to measure ROI, and the good news is: we have the ability to do it. Today, with the use of landing pages, custom links, inbound programs, SEO, and social media nearly everything has the ability to be measured and tracked.

Once tracking and measurement is underway, the data received must be placed against the marketing goals. Are the goals “audience building” and “awareness” or are they “clicks,” “engagement,” and “purchases?” Whatever your goals, do you know how to build a program that can measure these things? Let’s find out.

What is measurable ROI and unmeasurable ROI?
In one of my previous articles, I talked briefly about a measurable ROI. I had explained ROI in terms of X and Y, where X stands for the amount of dollars spent and Y stands for the number of new customers attracted. The relationship between X and Y is directly proportional, that is, the more dollars you spend, the more new customers you make. This is the ideal situation, but we can’t always replicate it in real life, at least not on a regular basis. For example, expecting that every single dollar you invest in a new marketing automation system will come back to you would not be very realistic. Still, we can gather ROI information by looking at this measureable equation, in part. The other part of the equation involves ROI that is not measureable in such straightforward terms.

Marketing outcomes should be measured in two stages to fully determine ROI. The measurable data yields part of the marketing campaign’s ROI, but what about the part that’s not measurable? What does that entail? It involves creating customer awareness, creating brand advocates, and building the community that drives earned engagement to the campaigns. So, in a way both stages are interconnected and they need to both be looked at in order to fully understand ROI. Unfortunately, only one part is clearly measurable while the other is not.

Data that drives your marketing
Data is and should be the driving force behind your marketing efforts. That data can come from many sources and can be extracted from relevant big data, or by measuring customer engagement through omni-channels. When you get to know what drives your customers to engage with your brand, you are better able to predict a successful marketing strategy, even in today’s business world where things are changing overnight. 1:1 direct marketing comes close to evaluating the customer interest and the subsequent number of customers responding to your campaigns. Even so, it’s still difficult to directly connect the creation of a new customer or any return purchase by an existing customer with any specific campaign.

Perhaps you can move closer to tracking that evasive thing we call ROI by focusing on data-driven marketing that will help you gauge the level of customer engagement that your brand is able to create. With more data available to you, ROI becomes much more apparent.

How are you measuring the ROI of your marketing initiatives? Do you feel as though you have a handle on it or are you struggling to figure out how to measure what really matters?

For more strategies on how to leverage the data in your marketing arsenal, download the Modern Marketing Essentials Guide to Data Management.

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He cooked for the President of France, sold stoves door-to-door, wrote questionnaires for a research firm, and worked for British Intelligence. Later, he built Ogilvy & Mather. Yes, we are talking about David Ogilvy, often described as the “Original Mad Man” and “The Father of Advertising.” He created some of the most successful marketing campaigns […]

Need a Stronger Prescription for PPC? 6 Paid Search Tips for Healthcare Marketers

Have you ever eavesdropped on a conversation between two medical professionals? I’m not saying I have or anything, but I’d imagine that one would be quite mystifying. Those working in the healthcare field, whether as doctors, nurses, administrators, social-workers or sales executives, essentially have to learn another language to properly communicate in the field. I did a short stint in college working for a medical software company, and I can remember never fully understanding 80% of the terminology thrown around the office. Healthcare also contains fields within fields, for example under cardiology alone there are several sub-fields like echocardiography, nuclear cardiology, cardiac electrophysiology, etc. It gets complicated quickly!

In this post, I’ll dive into strategies that healthcare advertisers can use to gain exposure and results through paid search. I’ve found actionable tactics that can help improve results for healthcare marketers by speaking with paid search experts in both the B2B and B2C healthcare spaces, but first let’s take a look at the PPC healthcare challenges advertisers face.

Unique PPC Challenges for Healthcare Advertisers

Healthcare advertisers face similar challenges to many other industries, such as a high level of competition and expensive keywords, but there are several factors to take into consideration that make the healthcare industry unique when it comes to winning at paid search. Before one can even dream of successfully growing their business through paid search, it’s critical to understand the challenges faced in the healthcare industry on Google.

• Sensitive information and language restrictions: Medical information is extremely sensitive, and with strict privacy laws like HIPAA and all of the politics around healthcare reform, advertisers need to tread gently. WordStream’s Sergey Rusak, Senior Paid Search Manager, manages a couple large healthcare paid search accounts and has found language restrictions to be a problem. “You have to be very cautious that you don’t use words such as drugs, prescriptions, etc., because Google will trigger an automatic disapproval system,” says Sergey.
• Competition: 20% of searches on Google are health related, according to a Google study. This just proves how competitive the field of healthcare is within paid search, and Google knows this and continues to make improvements to the SERPs. Whether in the B2B or B2C world of healthcare on AdWords, searches are omnipresent and gaining top spots on the SERPs is a competitive battle between health marketers.  There are thousands upon thousands of vendors selling to hospitals, consumers looking for health insurance or new health providers, and health professionals searching for electronic health record (EHR) systems and essential medical equipment. This also leads to very expensive keywords!
• Not Allowed to Remarket: This is probably the biggest challenge that healthcare advertisers are facing nowadays. Recently, Google adjusted their policies and no longer allows healthcare marketers to utilize remarketing tactics, which is one of the most effective ways to keep leads engaged during a longer sales-cycle (which healthcare services typically have, with the exception of emergency care). According to Sergey, Google takes this policy very seriously and also frequently disapproves any form of display advertising.
• Self-diagnosing: Have you ever searched for a health issue and found scary results? No, you are probably not going to die in 10-20 days for your stomach ache.

 

In the beginning of February 2015 Google announced its updated Knowledge Graph in the SERPs, which clearly displays verified medical facts about a symptom searched for. As Google states, “This doesn’t mean search results are intended as medical advice,” so keep that in mind if your Knowledge Graph seems a bit off. Check out the image below, which shows the Knowledge Graph on the right hand of the SERPs after I search for “frostbite.”     

 

In light of all these challenges, it’s still critical for healthcare professionals to gain exposure and grow their business through paid search. One Google study found that 90% of hospital administrators rely on search engines to identify vendor and product options and to research features. Search, mobile and video are the main digital resources hospital buyers use when looking to replace, update or replenish medical equipment. So clearly search marketing is a priority for the health industry, but what does this mean for marketers? Well, it means that paid search is critical to capturing your target buyers.

Alright, alright so now that we know search is a key place to find buyers, what strategies can get you a step ahead of all the other health marketers looking to target your buyers? After some in-depth research and candid conversations with those doing healthcare PPC, I’ve found the following 6 healthcare paid search tactics to be most successful:

#1: Get To Know Your Audience Well

You need to know your buyers like the back of your hand, and chances are you have a few different buyer personas that you’ll need to target in various ways. For healthcare advertisers targeting other medical professionals, you’ll need to ensure that your keywords, ad text, and landing pages speak to the language that the professionals searching for your services use. What keywords will they use to search for when looking for a management software or specific medical equipment? Are there different levels of experience, occupations or personas that you’ll need to target in alternative manner?

Take into consideration the different stages the consumers searching are in. For B2C, most likely you’re targeting future patients, and therefore you’ll need to determine if that patient is in a research heavy mind-set, weighing their options between care providers, or in an urgent care state-of-emergency.

One of the many paid search accounts that Sergey runs is the University Foot & Ankle Center, Rhode Island’s leading Podiatric Medical and Surgical practice. As Sergey explains, “They target regular patients – people experiencing problems with their legs, ankles, and feet.” Sergey explains how when he first started running their account he really had to dedicate time to fully understand the three types of patients the office locations are targeting. “First there’s the searchers who are top of the funnel, in research mode; they have some pain, and they know something’s wrong, but they’re hoping it will go away. Then there’s chronic – these people know exactly what they’re looking for; they’re typically older or athletes injured in the past and they convert fast. And lastly, there’s emergency patients who we’re competing against 911 for,” says Sergey.

The main takeaway here is to spend time putting yourself in the shoes of your shoppers. Map out your various personas and create campaigns that target specific people aligning with their level of healthcare knowledge or the stage of the funnel they’re in.

#2: Pay Close Attention to Average Position and Impression Share

Shouldn’t I do this regardless of the industry? Well, yes, but staying on top of these two metrics is even more essential with healthcare, since as I explained above, remarketing and display are not really an option for healthcare advertisers. This means that you need to be getting max real-estate and visibility on the SERPs so those searching in a longer sales cycle don’t forget about you.

It’s also important to be aware that these metrics can change as Google releases updates to their algorithms, user behavior fluctuates, and competition changes so spend time reviewing each of these metrics on a regular basis and making changes accordingly. “It’s important to always be on the top of the SERPs to get the most exposure possible, and ensure that people keep hearing about you. Since you can’t remarket, this is even more important for advertisers in the healthcare vertical,” says Sergey.

#3: Make Contact Information Readily Available

This is critical for both B2B and B2C advertisers in the health industry. Think about a patient in a state of an emergency or in serious pain; they are without a doubt going to want immediate access to a phone number or address to receive urgent care. Then there’s the health providers marketing to others in their space; this demographic is likely well-educated and going through a longer sales process where research is heavy and specific questions need to be asked that can’t be answered without contacting an expert on the product.

I recently spoke with WordStream customer Patrick Stevenson. Patrick works in the B2B healthcare space as both the Regional Director of Physician Development & Inbound Marketer at HelloHealth, an electronic health record (EHR) integrated with a patient portal, which is sold mostly to small practices. Patrick explained that even with a rigorous sales-cycle, where potential customers look at 20-50 pages of site content before reaching out, having contact information available for when a qualified lead is ready to reach out is essential. “We try to educate potential buyers up-front, provide them enough information to save them time, and make it easy for them to reach out to us when they’re just about ready to make a decision,” says Patrick. “We give as many opportunities as possible for prospects to get in touch. Almost all of our bottom-of-the-funnel leads call us directly, but we also provide many other ways to contact us since some people prefer emailing or even reacting out through social platforms.”

So, how can you make sure that you’re utilizing every opportunity to make your contact information readily available? Ensure you’ve doing the following:

• Set-up Call Extension, Location Extensions, and Sitelink Extensions (linking to your contact page) for all Campaigns: This is easy to do, and will not only extend the real-estate of your ad while providing important information, but ad extensions have also been known to improve ad rank on the SERPs. “Ad extensions are very important. You need to include phone numbers, locations, make sure offices are easy to find on the map, provide details on how to reach your office. Basically, giving as much information as possible within the ad,” says Sergey. “Advertisers need to think about the fact that people want to reach them while they drive, if they get sick on the spot, and information needs to be available with all devices and communication means.”

 

• Make Contact Information Available on Every Landing Page: In the words of Taylor Swift, you should “never, ever, ever” have a landing page without contact information! In fact, in the healthcare vertical you should have your contact information visible on every page of your site. Why? Competition is heavy, and if a lead can’t find your digits or email, they might bounce back and forget about your completely. HelloHealth does a great job at having contact info on all pages. See the example below – just in the first fold of the page there are three easy ways to reach out, and it’s clear that a person is there to help you gather more information on their services.

 

Moral of the story, broadcast your contact info like it’s your job (because it is and it could save lives!).

#4: Ensure Your Mobile Strategy is Top-Notch

You may have already figured this one out, but typically if contact information is important then so is having a robust mobile strategy. Over 50% of healthcare administrators use their smartphones while making purchase decisions, according to Google.

Sergey explains that mobile is just as important for B2C healthcare consumers: “A lot of people use cell phones, especially when at work because they don’t want their coworkers or sometimes even their family members to find out their medical conditions,” he says. “People trust their phones more then they trust their desktop. A lot of mobile conversions come during the time of commute while sitting on the bus or the train, or in bumper to bumper traffic. Lunch-time at work, you’ll tend to see a lot of conversions as well.”

Alright, so mobile is big, but what can you do to ensure you’re appearing attractive to your mobile audience? Start by…

• Digging Into Your Mobile Stats: Before coming up with a robust mobile strategy compare your desktop vs. mobile performance in AdWords by segmenting by device. Keep in mind that if clicks are occurring, but conversions are not, that might be caused by an unattractive mobile landing page experience.

• Make Mobile Bid Adjustments: If you are in fact seeing great results with mobile, you might want to make mobile bid adjustments for certain campaigns. Google allows you to bid as high as 300% more on mobile or exclude mobile completely by making a negative bid adjustment of -100.

 

• Create Mobile Preferred Ads: Your desktop ads will show on mobile if you skip this step, but it’s preferable to have two mobile focused ads (in addition to two desktop ads) per ad group if mobile is important to you. In these ads be sure to utilize call extensions, include short and relevant calls-to-action (such as “Call Now!”) and think like a mobile searcher.
• Make Sure Your PPC Landing Pages are Mobile Optimized: If they’re not, then you’re most likely going to lose a ton of potential customers. Visit your site on your iPhone to see how it appears. How quickly does the page load? Does the content fit the screen? Is contact information readily available on all landing pages? Grade your landing pages with our free tool to see how you’re currently doing.
• Experiment with Call-Only Campaigns: They’re brand new and great for the urgent, on-the-go mobile audience that needs to make a call, rather than visit a landing page. I’d recommend trying them out!

#5: More is More when it Comes to Landing Pages

Wait, what? Isn’t the saying ‘less is more’? Yes, indeed it is. I’m aware that landing page 101 teaches us to keep our landing pages short and concise, with minimal text, and a strong call-to-action with some engaging visual elements. For healthcare, this ain’t the case! Think about it, our health is the most important thing we have! I’d assume that most people would sacrifice material goods, jobs, vacations, etc. if it meant avoiding a life-threating disease. Am I right? This means that people want a LOT of information in order to make a decision when it comes to their health. Unless they’re in that emergency state, in-depth research is typically conducted and trust needs to be gained.

“Having too much information on your landing page in healthcare is actually going to help you keep people on your website,” says Sergey. “Otherwise they might end up somewhere else because they can’t find the answers they’re looking for.” Sergey tested out some alternative forms of landing pages with his client, The University Foot & Ankle, and found simple pages with a title, small ‘about us’ section, and a submission form converted far less then landing pages with videos and more in-depth information on conditions, treatments, causes, symptoms etc. to keep people on the site.

 

Patrick agreed that providing in-depth and comprehensive information on his landing pages proves much more successful. “We’ve tested out different strategies, but ultimately having a balance of text, images, and key bullet points works best,” he says. “The EHR space is a big replacement market so it’s important for us to answer all of the questions people have since companies are doing a lot of research. We always try to educate potential buyers up-front, providing enough information to save them time and make it easy for them to reach out to us when they’re ready.”

With all of this said, you need to ensure that you’re not directing users to a big scrolling block of text. This isn’t enticing and won’t lead to conversions. There needs to be a balance of images, videos, and text that’s organized by headings, sub-headings, and bullet-points to make it digestible. Also, do not be afraid to test! Running A/B landing page tests is the best tactic to finding the sweet spot to conversion euphoria.

#6: Invest in Quality Video Production to Add Value to Your Search & Landing Page Experience

Do you remember when every marketer couldn’t stop saying how “mobile is the future,” blah, blah, blah. Heck, people are still saying this, and it’s true – mobile is huge and growing, but videos are quickly becoming the new mobile. They are trending hard and for good reason.

Google found that out of 700 healthcare administrators surveyed, every customer reported watching videos to see product demonstrations. Even more impressive is that after watching, 79% continued on the manufacturer’s website and 63% talked to others about the information.

Sergey explains that videos are becoming a necessity in the industry. “We use videos on every single landing page, and every single page has a real doctor from the office that talks to the patient. It creates likeability and trust,” he says. “Although, try to avoid generic stock images in videos because it pushes people away.”

Patrick is also in the process of prioritizing videos for HelloHealth. “I keep reading about how important videos are! We already use videos on our website and in our email blasts, and we’re just in the process of overhauling our landing pages to include videos.”

 

Videos need to be incorporated into your entire marketing strategy from YouTube ads, landing pages, and within email blasts to personalize the experience, build trust, and provide a deeper, more entertaining explanation of what your healthcare company has to offer. Check out Dan’s recent post on video landing pages to learn more about how to do it right.

Alright healthcare marketers, I hope these prescriptions to PPC success provide you with a great guideline to outshine your competition and gain more patients or B2B sales.

Are you still discouraged that PPC isn’t for you? If so, let me leave you with this quote from Patrick:

“PPC is critical in gaining more exposure. It generates more potential customers each and every month, and allows us to tell our unique story on our landing pages tied to the keywords we’re bidding on. PPC has significantly helped our business, as well as our organic search. Not to mention, the amount of phone calls we get has increased tremendously.” – Patrick Stevenson, HelloHealth

About the Author:

Margot is a Content Marketing Specialist at WordStream with a background in PPC, SEM, content and digital marketing. She enjoys running and eating ice cream during her free time (not simultaneous although that would be impressive). Follow her on:

Twitter: @ChappyMargot

Google+: +Margot da Cunha

LinkedIn: http://www.linkedin.com/in/margotdacunha

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10 Ways to Make Your “Most Popular Posts” More Popular

No matter how long you have been blogging, some of your posts will be always more popular than others. These posts tend to rank higher on Google and have more social shares and links from other websites. So the question is, how do you get more traffic to these popular posts? If people already like them,  [click to continue...]

Your Facebook Company Page is About to Lose Likes! But, Why?

Attention Facebook marketers! Your business page is about to lose likes!

Wait, what?!?!?!? But, we’ve worked so hard to gain likes!

 

Wipe the sweat off your forehead and re-apply you deodorant if need be, there’s no need to panic. Zuckerberg isn’t trying to slay your business because they need your business! They’re simply scraping through Facebook accounts and removing inactive accounts whether that be a Facebook account manually deactivated by the user or an account that hasn’t been active for an extended period of time. On Thursday, March 6, Facebook warned marketers that this change will naturally effect the number of page likes to your company page. “The change ensures that data on Facebook is consistent and up-to-date,” Facebook says in an attempt to calm worried social media employees.

When is this happening?

Facebook was vague, but in their news post they said “over the coming weeks.”

The Bad News

Let’s get the bad news over with, you’re likely going to see a dip in Likes. I hate to break it to yah! But, if your page is of high quality and you didn’t un-justly pay for followers or convince all of your mom’s friends to Like your company page, then this probably isn’t going to kill your Like count. Neither I nor Facebook can tell you how drastically your number of Likes will decline, as this will vary from account to account. I’d be willing to bet that it won’t be insanely significant, but TechCrunch explained how the impact will likely effect marketers: “It’s all relative to how many Likes you have to begin with. If your page only has a few dozen likes, you might not even lose one; if it has a few million, that slight dip will feel a bit bigger.”

The Good News

This change is going to improve your tracking, results, and probably the interactions on your page. The two main improvements for marketers include:

• More accurate lookalike audiences: Lookalike audiences, which can be created through Facebook’s Customer Audience’s tool, allow marketers to target a similar audience to those that already follows their page. Of course, getting rid of inactive users will allow for a much more accurate representation of what their audience actually looks like.
• More accurate data: When evaluating performance and reviewing what your audience looks like that data will now be far more accurate, which Facebook explains as one of the main reasons for the change. “We already filter out likes and comments generated by deactivated or memorialized accounts from individual Page posts, so this update keeps data consistent,” says Facebook.

What Should You Do?

Well, don’t panic first off. This change could impact you slightly, but if the impact is significant all that means is that your likes were not legitimate and the people previously “following” your page were not actually following your page because they haven’t actually been using Facebook.

If you’re an employee who reports on Like growth to a higher up, you probably want to inform them of this change so they know it’s not tied to your efforts and this growth metric shouldn’t be evaluated as heavily.

Good luck with the Like massacre, and please comment below and let me know your thoughts on the change.

About the Author:

Margot is a Content Marketing Specialist at WordStream with a background in PPC, SEM, content and digital marketing. She enjoys running and eating ice cream during her free time (not simultaneous although that would be impressive). Follow her on:

Twitter: @ChappyMargot

Google+: +Margot da Cunha

LinkedIn: http://www.linkedin.com/in/margotdacunha

 

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