Tracked progression of brand-influenced customers down the marketing funnel to uniquely evaluate and quantify brand performance.
A national home furnishings retailer, with upper funnel brand TV investments representing a high portion of spend, knew brand messaging would not lead directly to a purchase, but had no other way of evaluating performance.
Defined and evangelized a new approach to upper funnel brand measurement
1. Tracked progression rate of brand TV-influenced customers down the funnel. Leveraged unique metrics (e.g., units, new customer, funnel progression) to measure the efficacy of these upper funnel TV campaigns.
2. Reoriented brand performance metrics around their ability to drive consumers down the funnel. Syndicated funnel-based approach with leadership to change the expectation that these efforts will directly drive sales.
3. Continuously leverage results to remix spend. Looking for opportunities to move spend out of inefficient lower funnel campaigns into more effective upper funnel campaigns.
Continuously optimizing to Enterprise Marketing Return (EMR) by leveraging a customer-first strategy, holistic full-funnel cross-channel planning, and measuring using Ovative's unified marketing measurement tool, MAP....View more >>
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