Before you begin to investigate tactics for implementing an effective cross-channel advertising strategy, it’s important to take a broad view of your goals, data, and business. In this article, we look at the necessary elements you should have in place before getting tactical with your cross-channel ad campaigns.
Understand Your Goals
What are your digital advertising goals? Is the aim to drive awareness and exposure for an emerging brand or product? Are you selling commodity products, and aiming to get them in front of buyers before your competitors? Is it a longer sales cycle, with a high purchase value consideration that requires many touchpoints and a patient approach? Before you spend your first advertising dollar, get to know your business and clearly lay out your objectives.
Build the Foundation
Now that you know what you want to do, look at what you have. Does your site function well? Do you have quality landing pages that load quickly on desktop and mobile? Create strong content and write descriptions that resonate. Take the steps needed to get your program in the best place possible before spending money on cross-channel digital advertising campaigns to promote growth. At the end of the day, driving traffic to an unsatisfactory experience can damage your brand and derail ROI.
Capture the Data
Not every tactic is going to work well across every channel. As a digital advertiser, it’s important to be flexible, but more importantly, to be informed. As your program expands in breadth and volume, take advantage of all the insights you glean from your paid efforts across channels.
Unified reporting and analysis surfaces the opportunity areas both in terms of driving more sales or pulling back spend to increase efficiency. Take a product-first approach, for example: widget launches on the first of the month, and we’re tasked with promoting the widget with campaign assets across Google, Facebook, and eCommerce marketplaces.
Which channel did customers use to research their purchase? Where was the best return in terms of conversions? Where was our competition more assertive? At Marin Software, we believe companies need to think “big picture” by taking the holistic view across channels, segmenting audiences, and revisiting performance regularly.
Refine and Optimize
Too often, advertisers start strong and move along, failing to actively measure, manage, and optimize cross-channel campaigns. Sadly, digital advertising isn’t as easy as putting up a billboard on the highway and waiting for responses as traffic snarls by.
Your audience is a moving target, and the battle for their attention is complicated and dynamic. Compound that with things like rotating inventory and promotional periods and it can be pretty overwhelming. However, sticking to the basics and doing things like search query analysis and product segmentation are core to program growth and improvement. Take the time to reallocate budgets and seize opportunities, and do so often.
Once you have these pieces in place, you’re ready for specific actions to coordinate your Facebook, Google, and eCommerce campaigns and deliver growth.