Methods, Systems and Apparatuses for Analyzing and Comparing Return on Investment Performance of Marketing Channels in Integrated Marketing Campaigns

• US 20140067526A1
• Filed: 08/28/2012
• Published: 03/06/2014
• Est. Priority Date: 08/28/2012
• Status: Abandoned Application

• Current Assignee: Smartbridge LLC
• Original Assignee: Smartbridge LLC
• Inventors: Raju, Deepthi
• Application Number:
  US13/597,240
• Publication Number:
  US 20140067526A1
• Time in Patent Office: Days
• US Class Current: 705/14.46
• CPC Class Codes: G06Q 30/0242 Determining effectiveness of advertisements

Abstract

Methods, systems and apparatuses are disclosed for collecting cost data regarding advertisements of an offering through two or more marketing channels over a time period and, in near real time, revenue data generated by the marketing campaign. The cost data and the revenue data are grouped into a desired level of granularity. The returns on investment for the desired level of granularity are calculated and displayed. Other embodiments are also disclosed and claimed.

Claims

1. A method, comprising:

collecting by a specially programmed computer system over a time period, cost data for a marketing campaign for an offering of a vendor, the marketing campaign including at least two providers being from at least one marketing venue in at least one marketing channel, the at least two providers making marketing communications for the offering in the marketing campaign;

collecting by the specially programmed computer system from a revenue data system in near real time, over the time period, revenue data for the offering generated by the marketing campaign;

obtaining, by the specially programmed computer system, a profit margin on at least a vendor level of granularity;

grouping, by the specially programmed computer system, of the cost data and the revenue data into categories for at least one desired level of granularity and separating any revenue data that cannot be grouped as ungrouped revenue data;

pulling, in near real time from a web analytics system, web site usage data about the impact of the marketing communications on a website relating to the offering;

correlating, by the specially programmed computer system, the web site usage data with the ungrouped revenue data to group the ungrouped revenue data into the categories for the at least one desired level of granularity;

determining, by the specially programmed computer system, from the grouped cost data and grouped revenue data and the profit margin, returns on investment (“

ROI'"'"'s”

) at the at least one desired level of granularity; and

displaying, on a display in communication with by the specially programmed computer system, the determined ROI'"'"'s on at the at least one desired level of granularity.

2. The method of claim 1, further comprising:

adjusting the profit margin to an adjusted profit margin and determining, grouped cost data and grouped revenue data and the adjusted profit margin, adjusted ROI'"'"'s at the at least one desired level of granularity.

3. The method of claim 1, wherein the revenue data is collected on a transactional basis and further comprising:

linking, by the specially programmed computer system, the revenue of each transaction to a related category at the desired level of granularity.

4. The method of claim 1, wherein the desired level of granularity is a marketing channel level, the categories are different marketing channels and wherein the revenue of each transaction is linked to its marketing channel.

5. The method of claim 1, further comprising:

collecting, over the time period, marketing performance data regarding the marketing communications of the offering over the time period, the marketing performance data collected on a per provider basis in a provider-specific format;

transforming the marketing performance data of each provider from the provider-specific format to a specialized format of factual data and dimensional data and storing the factual data and dimensional data in a dimensional database;

correlating the marketing performance data in the specialized format with the near real time website usage data, with the grouped cost data and revenue data and with the ROI'"'"'s to provide one or more performance comparisons including at least one revenue-based comparison; and

displaying the performance comparisons.

6. The method of claim 5, wherein at least one marketing channel is a non-broadcast marketing channel and the non-broadcast marketing performance data from each non-broadcast marketing channel is collected in near real time.

7. The method of claim 6, wherein the step of collecting in near real time non-broadcast marketing performance data, on a per provider basis comprises:

obtaining non-broadcast marketing performance data as a compressed data packet, on a per provider basis, from each non-broadcast provider in near real time; and

extracting the non-broadcast marketing performance data from each compressed data packet and creating for each compressed data packet an un-compressed packet of the non-broadcast marketing performance data; and

storing each uncompressed packet of the non-broadcast marketing performance data in a staging databases in a staging area, wherein the uncompressed packets of the non-broadcast marketing performance data from each provider is stored in separate staging databases.

8. The method of claim 5 wherein the at least one revenue-based comparison is a revenue comparison, a profit comparison or an ROI comparison.

9. The method of claim 1, wherein the at least one desired level of granularity is a marketing channel level of granularity, a marketing venue level of granularity, or a provider level of granularity.

10. The method of claim 1, wherein the revenue data is collected from an enterprise resource planning (“

ERP”

) system, a customer relationship management (“

CRM”

) system, an online e-commerce system, or a budgeting system.

11. The method of claim 1, wherein the step of grouping the cost data and the revenue data into categories for at least one desired level of granularity and separating any revenue data that cannot be grouped as ungrouped revenue data comprises grouping the cost data and the revenue data into categories for at least two desired levels of granularity and separating any revenue data that cannot be grouped as ungrouped revenue data;

wherein the step of correlating the web site usage data with the ungrouped revenue data to group the ungrouped revenue data into the categories for the at least one desired level of granularity comprises correlating the web site usage data with the ungrouped revenue data to group the ungrouped revenue data into the categories for the at least two desired levels of granularity;

wherein the step of determining, from the grouped costs revenue and, and the profit margin, returns on investment (“

ROI'"'"'s”

) at the at least one desired level of granularity comprises determining, from the grouped costs and revenue and the profit margin, returns on investment (“

ROI'"'"'s”

) at the at least two desired levels of granularity; and

wherein the step of displaying the determined ROI'"'"'s on at the at least one desired level of granularity comprises displaying the determined ROI'"'"'s on at the at least two desired levels of granularity.

12. The method of claim 1, wherein the revenue data is collected on a transactional level of granularity and is re-grouped into a higher level of granularity.

13. The method of claim 1, wherein the returns on investment are determined using a formula:

14. The method of claim 1, wherein a return on investment are further determined by multiplying a result of the formula by one hundred to obtain the return on investment as a percentage.

15. An apparatus, comprising:

a return on investment (“

ROI”

) marketing performance measurement reporting system coupled to a cost system, the ROI marketing performance measurement reporting system configured to collect from the cost system cost data for a marketing campaign, the marketing campaign including a plurality of marketing communications for an offering through two or more providers from at least one marketing venue in at least one marketing channel,

wherein the ROI marketing performance measurement reporting system also coupled to a revenue system and further configured to collect in near real time from the revenue system revenue data generated from the marketing campaign, the revenue data, including a profit margin;

a web analytics system configured to obtain web site usage data related to a web site for the offering, wherein the web analytics system is coupled to the ROI marketing performance measurement reporting system, the ROI marketing performance measurement reporting system configured to pull the web site usage data from the web analytics system;

wherein the ROI marketing performance measurement reporting system is further configured to group the cost data and the revenue data into categories at a desired level of granularity;

wherein the ROI marketing performance measurement reporting system further configured to determine ROI'"'"'s for the categories on the desired level of granularity from the grouped cost data, the grouped revenue data and the profit margin; and

, further comprising,

a display in communication with the ROI marketing performance measurement reporting system for displaying at least one of the determined ROI'"'"'s.

16. The apparatus of claim 15, further comprising:

a marketing performance data interface coupled to at least two marketing performance data systems, each of one of the at least two providers, the marketing performance data interface configured to collect, in near real time, non-broadcast marketing performance data regarding the marketing communications through at least one of the marketing performance data systems and to receive broadcast marketing performance data from at least one of the marketing performance data systems, the non-broadcast marketing performance data and the broadcast marketing performance data collected on a per provider basis and in provider-specific formats;

a staging area within the marketing performance data interface having a staging database configured to store the non-broadcast marketing performance data from a provider;

the marketing performance data interface further configured to transform the non-broadcast marketing performance data and the broadcast marketing performance data from the provider-specific formats to a specialized format of fact data and dimensional data;

a dimensional database coupled to the marketing performance data interface and configured to store the marketing performance data in the specialized format of factual data and dimensional data;

the ROI marketing performance measurement reporting system being coupled to the dimensional database, the ROI marketing performance measurement reporting system being further configured to pull the non-broadcast marketing performance data in the specialized format and broadcast marketing performance data in the specialized format from the dimensional database, to correlate the pulled non-broadcast marketing performance data and broadcast marketing performance data with the pulled web site usage data and with the cost data, revenue data and the calculated ROI to make at least one revenue-based comparison.

17. The apparatus of claim 15, wherein the revenue data source is an enterprise resource planning (“

ERP”

) system, a customer relationship management (“

CRM”

) system, an online e-commerce system, or a budgeting system.

18. The apparatus of claim 15, wherein the returns on investment, as percentages, are each determined using a formula:

19. An article of manufacture comprising a medium, storing instructions that, if executed, enables a processor-based system to:

collect, over a time period, cost data for a marketing campaign including marketing communications for an offering through two or more marketing providers from a cost system coupled to the processor-based system;

collect, in near real time, revenue data generated by the marketing campaign, the revenue data collected from a revenue data system coupled to the processor-based system;

collect, over the time period in near real time, website usage data about the impact of the marketing communications on a website relating to the offering;

group the cost data and the revenue data on at a desired level of granularity;

obtain a profit margin for a line of offerings including the offering;

determine a return on investment (“

ROI”

) on the desired level of granularity using the grouped cost data, the grouped revenue data system and the profit margin; and

display the calculated return on investment.

20. The article of claim 19, wherein at least one marketing channel is a non-broadcast marketing channel and further comprising instructions that, if executed, enable a processor-based system to:

collect, over the time period in near real time, non-broadcast marketing performance data regarding the marketing communications of non-broadcast providers;

store the near real time marketing performance data for each non-broadcast provider in a separate staging database in provider-specific formats;

transform the marketing performance data from the provider-specific formats to a specialized format and store the near real time marketing performance data in the specialized format in a dimensional database;

correlate the marketing performance data with the near real time website usage data and with the cost data, the revenue data and the determined ROI'"'"'s, wherein the desired level of granularity is a marketing channel level and the correlation includes a graphical comparison of the ROI'"'"'s of at least two marketing channels; and

display the correlation.

21. A system, comprising:

a ROI marketing performance measurement reporting system;

a cost data system coupled to the ROI marketing performance measurement reporting system and configured to collect cost data for a marketing campaign, the marketing campaign including a plurality of marketing communications for an offering through two or more providers over a time period, the cost data system being further configured to send the cost data to the ROI marketing performance measurement reporting system;

a revenue system for collecting revenue data generated from the marketing campaign, the revenue system coupled to the ROI marketing performance measurement reporting system, the ROI marketing performance measurement reporting system being configured to pull the revenue data from the revenue system in near real time;

a web site for the offering;

a web analytics system configured to obtain web site usage data related to the web site for the offering, wherein the web analytics system is coupled to the ROI marketing performance measurement reporting system, the ROI marketing performance measurement reporting system configured to pull the web site usage data from the web analytics system;

wherein the ROI marketing performance measurement reporting system is further to group the cost data and the revenue data into categories at a desired level of granularity;

wherein the ROI marketing performance measurement reporting system is further configured to determine the ROI'"'"'s for the categories on the desired level of granularity from the grouped cost data, the grouped revenue data and the profit margin; and

a display in communication with the ROI marketing performance measurement reporting system for displaying at least one of the determined ROI'"'"'s.