Skip to main content

Metrics and KPI's

  If You Can’t Measure It, You Can’t Improve It. This quota from Peter Drucker is true more than ever before in the age of digital marketing. Perhaps more important than measuring it though, it understanding what you should be measuring. With so many metrics from impressions, to click through rates, post engagement to say nothing of the plethora of demographic terms thrown around, it can be easy to get lost in the maze of advertising metrics and data. This is not helped by the sheer number of platforms out there and the fact that many of them don’t export their data in a standardised manner making cross-platform comparisons difficult. The most import thing to remember when trying to measure any advertising campaign is the define the campaign goals and how those will be measured before the campaign is designed and executed. This way you can standardise the Key Performance Indicators (KPI’s) and understand how they interact with one another. Its also important that these KPI’...

4 Questions to ask before deciding which programmatic ads provider to use



Examples of Programmatic Advertising Companies:


Audio Script: 

Hi guys and welcome to Meteor Metrics vlog post. I’m Jerli and I will be sharing with you 4 questions you need to ask yourself before deciding which programmatic ads provider you to go ahead with.

Just to give you a bit of background about myself,  I used to work with programmatic ads, with Google and Adroll, as an account executive. These would be the questions I would ask to see whether or not this programmatic ad provider would be a good fit for their (the business's) strategy.

For the purpose of this video, I’ll be using Sojern as an example as programmatic ad provider and the company I’m using is a socially distanced tour guide company in Cork (Cork City Tours).  Sojern is a third-party programmatic ads provider the specialises in the tourism industry. In no way shape or form is this video affiliated and sponsored by them but it is used as an example for our target sector.

As techy as it sounds, Programmatic Advertising is really straightforward and

Programmatic advertising is the buying and selling of online advertising inventory. Once a user lands on a website that uses programmatic advertising, it uses live automated bidding to decide which ads will be shown. 

There are a lot of programmatic ads providers, be it third-party or through the website directly. Like With a variety of options, it is crucial that marketeers research and understand how each service provider differentiates from other competition and why it applies to their marketing strategy.

Here are the steps:

1.      What are your goals for using programmatic ads? Brand awareness, retargeting, making more sales?

Answer

Cork City Tours is launching this May wants to advertise to the audience around Ireland as summer is coming up and they want to generate brand awareness and leads to their website as summer comes.

So it makes sense to make programmatic advertising at the moment as there are less people online and more people are online.

2.      Think about your audience, get in to their mindset and map out their customer journey. Where are they found online? Does your provider have access to that inventory?  

Answer: 

Cork City Tours audience can be found on Facebook, trivago, skyscanner google, YouTube

Can Sojern show those ads to your audience? Yes they can show your ads in the forms of Display, Video, and Native and Search Engine

3.      Does the support align with your needs?

Answer:

As the owner of Cork City Tours, it is family ran but I have no previous experience in    creating ads or graphic design. The good thing about Sojern, if I was to go ahead with them, they can provide custom ad creative. And video editing as well.

But also consider other support such as  easy dashboard usibilty, unified reports from different campaign analytics, from facebook or google. It could be campaign support, someone who can manage and optimise the campaign for me.

4.      Are the projections realistic?

Answer:
A lot of the time, programmatic ads providers will have a (sales) team that can provide you with projected campaign results. Sometimes it can be a bit higher than your projected budget, or it might not align with what you intentionally set out the campaign to be and that’s okay.

The best thing you can get from these people is your pricing model. Utilise them because pricing estimates aren’t available to the public and its only in-house people that have access to this. So, reaching to these people might not hurt.

Even when their projections aren’t realistic, take their estimates down, use that and make your projections.

Those are the four questions you need to consider before deciding which programmatic ads provider you want to go ahead with. They are simple and straightforward but a lot of time these are the questions people tend to forget to ask or answer themselves.

That is it for this video. I hoped you enjoyed it and found it useful.

Leave a comment down below.

Be sure to follow us on our Instagram and Tiktok for more educational content on digital marketing and the tourism industry.

We’ll see you again next time. Enjoy the rest of your week and we’ll post more soon!


Sources: (Sojern, nd)

Author: Jerli Padios

keywords: programmatic advertising, programmatic ads, online inventory, programmatic ads provider, Sojern,

Comments

Popular posts from this blog

The Importance of Knowledge Management

  Knowledge management is the process by which any organisation collects, manages and deploys the knowledge and information available to said organisation. This information can include everything from customer databases to information on procedures and policy. Good knowledge management can not only make an organisation more efficient by standardising work, but can also improve the quality of its work by building on previously obtained knowledge instead of having to start from scratch with each problem. Effective knowledge management in a business can also allow collaboration and a culture of innovation and improvement to be fostered. One of the biggest challenges in creating this culture especially in the context of the fast pace tourism industry is the resistance to change that exists inherently in people. People who work in faced paced environments and industries are liable to opt for the solution that works instead of attempting to improve that solution. Efficiently managi...