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Marketing mix modeling insights and guidance on where to invest

by Brandovative | Aug 7, 2018 | Brand, Brandovative, Content Management, Marketing Tactics, Responsive Technologies, Search Engine Optimization, Search Engine Optimization (SEO), Search Engine Visibility, SEO, Social Media Engagement

Brandovative, Social Media

Independent research shows Twitter marketing campaigns can deliver 40% higher return on investment compared to other media channels.

Pouring money into marketing can often feel like an act of faith. Your gut tells you when a campaign is working, but the metrics to prove that are sometimes a little fuzzy. Marketers are often skeptical about the claims made by media outlets, and rightly so.

At Twitter, we wanted to get our hands on real numbers. How effective are Twitter marketing campaigns? Do video ads really drive sales? What’s the right mix of product and brand marketing?

To find out, we worked with the marketing and communications network Dentsu Aegis Network (‎@DentsuAegis) (DAN), specifically its global media agency Carat Global (‎@CaratGlobal), and marketing effectiveness agency Data2Decisions (‎@globald2d) (D2D). D2D conducted a series of Marketing Mix Modeling (MMM)¹ studies covering two years of Twitter advertising for four of DAN’s clients in three markets: two major consumer packaged goods companies, a leading adult beverage maker, and a global athletic fashion company.

The results were pretty dramatic.

Across the four studies, the average Twitter Ads ROI is 40% higher than the average media ROI for other channels. The studies also found that Twitter’s Promoted Video ad format can be up to 20% more effective in driving sales than other Twitter ad formats, and that product-focused advertising on Twitter drives the highest short-term ROI.

  1. Twitter campaigns make bank.

For every dollar spent on Twitter ad campaigns, the four brands in the study averaged a return of $2.70; an average ROI nearly 40% higher than the average ROI across all other media investments.

“In our work we often see a wide range of ROIs for different digital channels, with performance depending on a number of different factors such as strength of creative, campaign strategy, investment levels, and so forth. It was really interesting to see the Twitter ROI perform so consistently well across these four studies, both compared to the other ROIs we measured for these brands but also compared to the benchmarks from our database of results from other studies,” says Paul Dyson, Founder, Data2Decisions…

Read more: marketing.twitter.com

#Brandovative #SocialMedia #SEO #SearchEngineOptimization #ContentMarketing #ContentManagement #MarketingTactics #ResponsiveTechnologies #SearchEngineVisibility #SocialMediaEngagement

 

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