Using Data to Optimise Marketing ROI

Michael Wagstaff • 20 November 2024

Insight that adds value to marketing campaigns 

In today’s fragmented media landscape, brands are spoiled for choice when it comes to reaching their audiences. From the broad reach of TV to the immediacy of digital, each channel offers unique strengths. However, this variety also presents a challenge: ensuring that a multi-channel marketing campaign delivers a strong return on investment (ROI).


The secret lies in insight, understanding not just how each channel performs but how to use their collective strengths to engage audiences and drive outcomes.


The role of insight in campaign planning

Before a campaign even begins, insight shapes its direction. Understanding your audience is fundamental: who they are, where they spend their time and what resonates with them. This is where data from past campaigns, customer surveys and broader market research come into play. For example, demographic data might reveal that your target audience consumes TV differently depending on age or region, while social listening could uncover trending topics or cultural moments you can tap into.


Equally important is understanding how channels interact. TV might deliver broad awareness but digital channels often provide the means for immediate interaction or conversion. Radio’s ability to reach audiences during commutes or downtime complements the visual impact of print and the immediacy of mobile ads. By aligning these channels around a cohesive message, brands can amplify their impact.


Engaging audiences in the execution phase

When the campaign is live, insight is your real-time feedback loop. Each channel offers distinct signals about what’s working and what isn’t. For example, TV campaigns might not offer immediate feedback but can be tracked through uplift in brand searches or direct traffic. Radio and print, while traditionally harder to measure, benefit from tools like unique URLs, QR codes that provide tangible data points on effectiveness.


In contrast, digital channels deliver a near-constant stream of performance metrics. Click-through rates, conversions and engagement levels provide granular detail about audience behaviour. But the key to leveraging these insights effectively is connecting the dots. A spike in web traffic after a TV ad airs or increased social media mentions during a radio spot suggests that your channels are working together to create a cohesive story.


Adapting and optimising on the fly

The beauty of multi-channel campaigns lies in their flexibility. While certain channels, like TV and print, might require longer lead times and fixed schedules, others, especially digital, allow for real-time adjustments. If a particular creative is underperforming or a new trend emerges, digital platforms offer the agility to tweak messaging, adjust targeting, or increase spend in high-performing areas.


For example, if early data shows that a campaign resonates strongly with a particular demographic, brands can reallocate budgets to focus on that group. Similarly, underperforming elements, whether an uninspiring headline or a misaligned call-to-action, can be quickly replaced. This adaptability ensures that even when campaigns don’t land perfectly at first, they can evolve to maximise impact.


Post-campaign learnings for long-term success

Once the campaign ends, the real value of insight becomes clear. Evaluating performance across channels is not just about measuring success but also about identifying what worked, what didn’t and why. Advanced tools like multi-touch attribution and econometrics help brands understand the contribution of each channel to overall ROI. For instance, how did the emotional resonance of a TV ad drive online searches? Or how did a digital retargeting strategy extend the reach of a print ad?

But post-campaign analysis isn’t just about hard metrics.


Qualitative insights, such as customer feedback, social media sentiment or even anecdotal evidence from sales teams, offer valuable context. Perhaps a specific message struck a chord because it aligned with a broader cultural moment, or maybe the campaign succeeded in sparking conversations in unexpected ways.


These learnings are the building blocks for future campaigns.


The art of integration

Ultimately, the most successful campaigns aren’t those that focus on individual channel performance but those that understand how channels work together. Insight helps brands break down silos and create a cohesive strategy that leverages the unique strengths of each medium. A TV ad might capture attention, radio builds familiarity through repetition, digital provides interactivity and print reinforces credibility. Together, they create a seamless brand experience that guides the audience from awareness to action.


The challenge for brands is to ensure that insights from each channel don’t remain in isolation. Tools like unified analytics platforms and cross-channel dashboards help paint a holistic picture of campaign performance. By understanding the interplay between channels, brands can uncover opportunities to refine their messaging, improve targeting, and achieve greater efficiency in their spend.


Conclusion

In multi-channel marketing, insight isn’t just a tool; it’s a strategy. It informs planning, guides execution, enables optimisation and drives long-term learning. By embracing an insight-led approach, brands can navigate the complexities of modern marketing with confidence, ensuring that their campaigns not only reach the right people but also deliver meaningful results.


The media landscape may be more fragmented than ever but with the right insights, brands can turn that complexity into their greatest advantage.

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