1 / 7

How to Track the Success of Your Outsourced Digital Marketing Solutions

Imagine the internet as a giant schoolyard, and your business is trying to get noticed. A strong digital marketing presence is like having a website that looks great. This helps people find you online. Building your digital marketing team can be like starting a new club at school. It takes a lot of work and time to get it going. This can be tough for smaller businesses. Instead of building their own teams, some businesses hire digital marketing agencies. Itu2019s like hiring an expert to run the school club. This can be a smart move, but you still need to monitor things to ensure itu2019s working.

Gen9
Download Presentation

How to Track the Success of Your Outsourced Digital Marketing Solutions

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. How to Track the Success of Your Outsourced Digital Marketing Solutions Imagine the internet as a giant schoolyard, and your business is trying to get noticed. A strong digital marketing presence is like having a website that looks great. This helps people find you online. Building your digital marketing team can be like starting a new club at school. It takes a lot of work and time to get it going. This can be tough for smaller businesses. Instead of building their own teams, some businesses hire digital marketing agencies. It's like hiring an expert to run the school club. This can be a smart move, but you still need to monitor things to ensure it's working. This article will help you check how well your online marketing is doing, even if you hired someone to manage it. We'll talk about what to measure, how to get that information, and some tools that can help make it easier. Benefits of Tracking Your Outsourced Digital Marketing Tracking your outsourced internet marketing agency offers several advantages: Measure ROI (Return on Investment) Quantify the impact of your outsourced marketing spend. Optimise Campaigns Identify what's working and adjust strategies to improve results.

  2. Hold Your Agency Accountable Ensure your agency delivers on agreed-upon goals. Communicate Use data-driven insights to guide discussions with your agency. Make Informed Decisions Track your results over time. This will help you decide how to spend your marketing money in the future. Setting SMART Goals: The Foundation for Tracking Success Before we look at numbers, set clear goals for your outsourced marketing. Remember the SMART goal framework: Specific: Define what you want to achieve. Measurable: Set goals that can be quantified with data. Attainable: Set realistic goals that are achievable within your budget and timeframe. Relevant: Ensure your goals align with your business objectives. Time-Bound: Set a timeframe for achieving your goals. For example, instead of saying, "Increase brand awareness." Set a clear goal, instead. Aim for more website visitors from search engines, like a 20% increase in 3 months.

  3. Key Performance Indicators (KPIs) for Tracking Success The specific KPIs you track will depend on your digital marketing goals. But here are some common KPIs for various digital marketing channels: Website Traffic For website traffic, here are the common KPIs that you can use: Total Visits: website traffic provides a baseline for measuring campaign performance. Unique Visitors: Tracks the number of individual visitors to your site. Organic Traffic: Measures traffic from search engines, indicating SEO effectiveness. Referral Traffic: Shows visitors from other websites. This helps see if your link-building is working. Direct Traffic: Indicates visitors who typed your URL directly, suggesting brand awareness. Lead Generation For lead generation, here are the common KPIs that you can use: Number of Leads Generated: This tracks how many potential customers showed interest by filling out forms on your website or landing pages. Cost per Lead: This shows how much it costs to get someone interested in your business (total marketing cost divided by the number of leads). Lead Quality: Not all leads are equal. This helps you see if people showing interest are likely to become customers.

  4. Conversions and Sales For conversions and sales, here are the common KPIs that you can use: Conversion Rate: The percentage of visitors who take a desired action on your website (e.g., making a purchase, or signing up for a newsletter). Customer Acquisition Cost (CAC): This tracks how much it costs to get a new customer, including marketing and sales expenses. Return on Investment (ROI): Tracks the revenue generated from marketing efforts compared to the cost of investment. Social Media Engagement For social media engagement, here are the common KPIs that you can use: Follower Growth: Measures the number of new followers gained across social media platforms. Reach: Tracks the number of unique users who see your social media content. Engagement Rate: This shows what percentage of your followers "like" or comment on your posts. Click-Through Rate (CTR): Tracks the percentage of users who click on links within your social media posts. Search Engine Optimisation (SEO) For search engine optimisation, here are the common KPIs that you can use: Organic Keyword Ranking: This tracks how high your website ranks for specific keywords in search results. Organic Search Traffic: Tracks website traffic originating from organic search results. Backlinks: These are links from other websites to yours. More backlinks can help your website rank higher in search results.

  5. Tools for Tracking Your Outsourced Digital Marketing Several free and paid tools can simplify data collection and reporting: Google Analytics A comprehensive platform for tracking website traffic, user behaviour, and conversions. Google Search Console Provides insights into your website's search engine ranking and traffic. Social Media Tracking Most social media apps have built-in tools to see how you're doing. These tools track how many people follow you, how many people like or comment on your posts, and how effective your social media campaigns are. Here are some sample types of tools you can use for social media tracking, categorised based on their function: Social Media Built-in Analytics: Provides data and insights on follower growth, demographics, reach, impressions, engagement, link clicks, and post and story performance. Hootsuite: It is one of the free or paid social media management tools that track mentions, engagement, and follower growth across multiple platforms. Offers paid plans for advanced features. Buffer: is another free or paid social media management tool that schedules posts, analyses performance, and helps track engagement across platforms. Offers paid plans for advanced features. Sprout Social: manages social media scheduling, analyses engagement, and tracks brand mentions. Offers paid plans with advanced reporting and listening features.

  6. Brandwatch: tracks brand mentions across social media and the web, offering sentiment analysis and competitor insights. Paid plans only. Mention: Monitors brand mentions and analyses sentiment across social media and news websites. Offers both free and paid plans. Keyhole: Tracks hashtags, keywords, and competitor activity to understand trends and measure campaign performance. Offers both free and paid plans. Marketing Automation Platforms Many marketing automation platforms provide reporting Finding the Right Digital Marketing Agency or Partner Here are some tips to find a qualified one for your outsourced marketing: Agencies: Look for agencies that showcase measurable results and success stories. This could include increased website traffic, lead generation, or sales growth. This shows they understand the unique challenges and opportunities of your market. Client Reviews: Research potential agencies by reading online reviews from past clients. This can tell you about their experience, how well they work, and their customer service. Conclusion Don't settle for guessing about your marketing's impact! Take control by tracking your outsourced digital marketing efforts. This empowers you with valuable insights into campaign effectiveness, ensures your agency delivers on its goals, optimises your marketing spend for maximum return, and fuels data-driven decisions to continuously improve your online marketing strategy. By taking these steps, you'll be well on your way to maximising the value of your outsourced marketing investment.

  7. FAQs What are the benefits of tracking my outsourced digital marketing? Don't just watch your marketing! Tracking your campaigns gives you a big win. You'll see what works, what needs a fix, and if your agency delivers. Plus, this data helps you make smart marketing choices in the future. This comprehensive approach ensures you're making the most of your marketing budget. What are SMART goals, and why are they important for tracking success? SMART goals are Specific, Measurable, Attainable, Relevant, and Time-Bound. Setting SMART goals for your outsourced marketing is crucial because it provides a clear roadmap for what you want to achieve and how you'll measure success. What tools can I use to track my outsourced digital marketing? Don't get overwhelmed by tracking your marketing performance! There are some free and paid tools available to simplify the process. Google Analytics is a powerhouse for website traffic, user behaviour, and conversion tracking. Need insights into your website's search engine ranking and traffic? Google Search Console is your go-to. Tracking your social media progress is easy! Most platforms have built-in tools that show follower growth, how people interact with your posts, and campaign results. Want even more? Social media management tools like Hootsuite, Buffer, and Sprout Social can schedule posts, track performance across all your accounts, and even see when people mention your brand. These tools give you a complete picture of your social media efforts in one place.

More Related