The good thing about online is you can measure everything. The bad thing about online is you can measure everything.
When your campaign’s performing, you can tell right away and share the great news with your client. When your campaign isn’t performing, however, it can be a really hard, especially when you’re the one who has to report it. Of course, if you’re lucky enough to work on a campaign that has no tracking of meaningful actions and you’re simply reporting on impressions and clicks, you don’t have to worry about this.
But let’s get back to reality, shall we?
Breaking the Bad News
Even the best media professional has had the unpleasant task of reporting less than good results to clients: high CPCs (define), high CPAs (define), and low ROI (define). In many ways, it’s unfair. Have you ever heard of an outdoor media buyer having to report results of a campaign a week after it launches? Do print buyers have to report how many leads their ads create to a bunch of people in a big conference room every month? Often, it’s not the media plan or the sites you’re on that are the problem — it’s the creative.
But it’s not like we can sit there and bash the creative our colleagues developed, right? So in addition, online media planners and buyers must be masters of tact.
What Does This Mean, and What’s Next?
What’s the first thing you should do in this situation? Remind the client why we track in the first place: optimization. The key to turning client frowns into smiles is to highlight exactly what about the campaign isn’t working, what is working, what you’ve learned, and what you’re going to do next to improve results. As many clients forget, this is, of course, the process of optimization.
This can be hard when people are spending lots of money. Patience is often limited, and in many ways your client’s career is in your hands, particularly if it chose you to be its agency. People get very nervous, clients and media buyers alike.
If people can focus on the optimization process rather than the momentary snapshot you’re reporting on, you can look forward to fruitful results that generally lay not too far ahead.
The process is simple. Summarize your campaign’s results, report on what’s working and why, and report on what’s not working and why. Then, proceed to the all-important step of what’s next.
As long as you communicate what’s next, you apply the energy of the moment and your skills to why the client hired you in the first place: to use the process of buying, testing, tracking, and reporting to open the online branding, lead, and revenue channel. Make sure you have aggressive cancellation clauses in as many of your insertion orders as possible. Cancellation clauses are, in fact, what make the whole optimization process possible.
Creating the Channel and Cracking the Code
If you’re on the client side, know that this column is not an excuse for an underperforming campaign; it’s the remedy and the process that most companies have gone through to open and widen their online marketing channels. Even though online media professionals are often successful right off the bat based on best practices and experience, the most successful clients understand their online media and creative teams may not get it 100 percent right on the first try. However, a good agency has the expertise, methodology, and technology to quickly figure out what combination of Web properties, placements, creative units, targeting, and timing generates the highest ROI.
If you want miracles, start praying. If you want a partner who’s going to help you crack the success code and figure out what works online, find an online media team that has the right set of skills and tools to take an online campaign through an ongoing, evolving optimization process.
In 2015, Verizon purchased AOL for $4.4 billion. Now, the mega wireless carrier is leveraging its wireless network as part of a new ad offering called BrandBuilder by AOL.
As the ball drops on December 31st, make sure your media strategies are stacked with timely resolutions to make the most of 2017.
Easily spotted on the mobile web: holiday ad next to plane crash story; Muslim dating ad next to KKK story; beauty ad next to domestic violence story; car ad next to emissions scandal story.
Digital has quite forcefully overturned the entire media industry, causing even the most traditional companies to adapt or be left behind.