For Milestone Two, you will identify three to five KPIs, discuss the attributes of each metric, explain the conclusions that can be drawn from each KPI, and describe how you will use the data...

1 answer below »
For Milestone Two, you will identify three to five KPIs, discuss the attributes of each metric, explain the conclusions that can be drawn from each KPI, and describe how you will use the data collected. Please review the Final Project Brief for more information about the website relaunch project and the campaign data provided to ensure that the KPIs selected can be measured using the provided data. Milestone Two gives you an opportunity to obtain valuable feedback from your instructor that you can incorporate in your final project submission.Specifically, the following critical elements must be addressed:II. Key Performance Indicators: In this section, you will craft a detailed description of the KPIs of the digital marketing campaign. You will select 3–5 KPIs, discuss the attributes of each metric, explain the conclusions that can be drawn from each KPI, and describe how you will use the data collected.a) Determine appropriate KPIs for measuring the campaign data and describe the attributes of each. Discuss how each of the KPIs includes the four attributes of the metric defined by Chapter 3-1: timescale associated to it, benchmark, reason to be reported to an actor, and associated action surrounding it if a problem occurs.b) Explain the conclusions that can be drawn based on each KPI and how they can impact future campaign decisions. Why did you choose these over others? What conclusions can you draw based on the KPIs? Which dimension of the REAN model do the KPIs align with?c) Describe how the data collected will influence the digital marketing decisions. What pertinent information will they reveal? How will you use the data you collect? What are you hoping the data will show about each KPI?RubricGuidelines for Submission: Your draft of the KPIs section of your analysis paper should be 2–3 pages in length and must be written in APA format. Use doublespacing, 12-point Times New Roman font, and one-inch margins.
Answered Same DayMay 22, 2022

Answer To: For Milestone Two, you will identify three to five KPIs, discuss the attributes of each metric,...

Tanmoy answered on May 23 2022
85 Votes
MKT 410 Final Project Brief: Website Relaunch        4
MKT 410 FINAL PROJECT BRIEF: WEBSITE RELAUNCH
Table of Contents
Introduction    3
A
nalysis    3
References    6
Introduction
    There are some metrics which are considered as the performance indicators for measuring and improving the marketing policies along with the site performances. It is essential that to track and report on the metrics which is necessary for any top online businesses. These will be explained in detail.
Analysis
Click through rate (CTR)% = Clicks/ Impressions
It is used for measuring the rate at which the visitors click a link in the form of a LinkedIn campaign after viewing a media piece of the company on the LinkedIn site. Usually, the CTR’s differs based on the social media channels used. For the LinkedIn campaign the CTR is 0.39% compared to the benchmark 0.40%. It is the number of clicks received by the ad divided by number of times the ad is displayed. Further, CTR = Clicks ÷ Impressions (Google Ads, 2022).
    Using CTR to compare ads across different social media channels is not appropriate. But, using CTR for the same media type will help to identify which message is creative and is clicked most by the target audiences. For a display campaign with 4 different designs with creativity can help to identify the appropriate time to use...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here