Archive for June, 2009
June 10th, 2009
Promotions Make Media More Measurable
We all keep hearing about the challenges of measuring marketing campaigns. It’s true, tracking the overall ROI of a campaign is not entirely possible since there is a large qualitative and not quantitative aspect involved. However, by adding a promotional element we can directly track consumer interactions & engagement.
Traditional media campaigns rely on eyeballs, meaning the amount of people who actually see the ad. However, as media costs continue to rise, audiences have become more fragmented, making them harder to reach. So how do you measure the success of these massive costs? Well, you try to figure out how many people saw the ad, it’s like measuring the success of a Google AdWords campaigns strictly by impressions, not very effective, since the majority of advertising messages are ignored by consumers. Traditional media relies entirely on one way communication, with as many people as possible, but then what? As advertising clutter continues to expand consumers ignore a larger percentage of the ads they see. All we have to do is click the skip button, change the channel, or turn our heads; which in most cases is exactly what we do.
Categories: Digital Advertising, Promotions 2.0