Wednesday, March 6, 2013

How many digital impression does it take?


If the client simply wants impressions, display is an easy sell.  When they tell you that you are going to be measured on CTR, you need to be pro-active.
How many transactions/sales/forms will determine that the campaign was a success? 50?  OK, if I give you 100 leads, how many will you close?  25.  Great, that means I need to deliver 200 leads for you to get to your goal of 50.

The national CTR is approximately 0.05%.  In your other campaigns what CTR have you experienced?  0.08%.  That means we need to run 250,000 impressions at .08% to yield 200 sales leads.  Obviously a higher or lower CTR will affect the results, but we have a place to start.


CTR
Impressions
Leads
0.05%        250,000 125
0.08%        250,000 200
0.10%        250,000 250

 
While this approach may seem basic, a client in San Antonio told me that we are the lead choice for their digital marketing for 2013.  One of the primary reasons was that we were the only respondent that asked “how will you determine if the campaign is successful” and then submitted an RFP telling us how many impressions it would take to reach our goal.  Everyone else just tried to sell us more impressions…