Wednesday, July 21, 2010

Comparison of ODG Vehicle Effectiveness

Continuing on the last post: http://webanalyticsnuggets.blogspot.com/2010/06/online-marcom-vehicle-characteristics.html
that provided an overview of each ODG vehicle, in this post we compare the different ODG vehicles on parameters like:
a) Costing Method
b) Cost of Compaign
c) Primary Effectiveness Factors
d) Tertiary Effectiveness Factors

Here we go :)



   Effectiveness Factors 
SI#Online Marcom VehicleCosting MethodCampaign Cost ($)PrimarySecondary
1BannerPer ClickthroughHigh$ SpendChoice of Site where banner placed, Messaging on the banner, Landing Page Matches Offer on Banner
2High Impact PlacementPer ClickthroughVery Very High$ SpendChoice of Site where HIP placed, Messaging on the HIP, Landing Page Matches Offer on HIP
3EmailClose to 0 for sending email; Creative & Modelling CostLow for executionNumber of email dropsChoice of right audience; Sending right offer to right audience
4AffiliatesPer Purchase, Usually 5-10% of the purchased amount is retained by affiliateMedium - payment hits margins hard on purchasesOffer attractivenessChoice of site where offer placed, Landing page showing same offer as what was placed
5Product ListingsPer Purchase, Usually 5-10% of the amount is retained by the listerMedium - payment hits margins hard on purchasesOffer attractivenessChoice of site where offer placed, Currentness of Offer
6Paid SearchPer ClickMediumKeyword Choice & PlacementEffective Bidding Strategy with Google/Yahoo (Don't bid on keywords that you can migrate to natural search); Effective Landing Pages
7Traditional Mass Media e.g: Newspaper Ads, Print, TVPer Advertisement (e.g: for an ad on the front page, in minutes for TV advertisement)HighTracking Difficult Intuition of the traditional marketing/brand manager :) ;)
8Social Media & communities (SMAC)Free for ads on your site, Pay for ads on other siteMediumCreate effective SMAC pages e.g: Good Facebook Site for your company that others want to visit

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