How do I measure Ad Effectiveness?
It sounds simple; is it? Maybe, if we didn’t have to fight to bring in consumers from so many channels. From digital to traditional media, it’s a constant struggle to divert eyes to your ads.
Now add the need to track purchase behavior for ad spend and you have a major challenge. In fact, many CMOs still struggle with ad effectiveness and the impact of their spending.
Why is it so hard? Because we’re missing the most important element: consumer input. No one is asking consumers which ad they found to be effective in real-time and tracking their responses to the ad, as they pass by it. A few have tried, but they couldn’t get it right.
So we created a solution – making it simple to see which ads are effective and why.
How does it work?
We built an app.
Surveys on the go is the nation’s largest group of consumers. They’re paid to share their honest input. That means they are motivated to take surveys and give data. And since they’re in an app, we can track their location, see what they buy and hear their feedback in real-time. The app is also 4.5 out of 5 stars, so you know the consumers are engaged, and giving input.
We use this consumer panel to ensure your ads are impactful: pre and post-launch.
With comprehensive advertising metrics, you get trustworthy KPIs.
When you to test ad effectiveness with consumers, you get verified data, as they leave the location in question. The process allows you to test concepts and creative in real-time, for anything from digital to physical ads. It empowers your teams to gather feedback, make changes in media buys and measure ad performance across channels.
Our Consumer Panel
Right now, people are making purchases. They’re walking into a store and looking to buy your products – or, they’re on Amazon and putting things in their cart. Wouldn’t you like to know what they think of your advertisements and your brand? With a consumer panel, you’re able to track physical media (TV and Out-Of-Home) as easily as digital behavior – we have solutions for both.
Finally, you can stop wondering how well that billboard did, and just ask people. Don’t think about the different social media ads you can place, test them. Let people tell you about your advertising effectiveness, as they drive by your billboards and leave your locations. After all, data is only as impactful as the people who supply it. Who better to ask, than actual buyers?
Ready to get started? Get in touch with us.
How We Measure Ad Effectiveness
We’re measuring advertising effectiveness head-on.
Why? Because when you prove ROI, you get more budget to help make more sales. And when you make more sales, everyone is happy. So, we started at the top. From testing concepts, to determining billboard or social ad effectiveness – and everything in-between – we have you covered. Our market research experts have worked hard to take the challenging parts of advertising and turn them into marketing metrics you can measure.
With our four areas, you can impact advertising across the board:
Surveys: Test Concepts
- Compare sales before and after an ad campaign.
- Look at pre- and post-advertising traffic on your website.
- Dig into how long people are on your site and look at page visits
- Display still images, video and audio clips to targeted audiences
- Target consumers by demographic, ethnographic and location profiles
Get immediate, real-time, in-depth qualitative responses from first-party consumers, revealing emotional impact.
Can your ad cut through the social “noise”?
CMO’s consider social media as the most important digital channel, with 79% of respondents rating it either “extremely” (37%) or “very” important (42%).
The problem with social ads is this: these sites own the user’s engagement. While they give access to some material, they prevent access to others. So, if leads, and sales aren’t what they should be, and the comments section of your social ad doesn’t tell you what to change, you can’t easily enhance your ad effectiveness.
With MFour, we inject your creative directly into the personal feed of your audience on Facebook, Twitter, Instagram and YouTube. Now your audience can tell you, first-hand, how to:
- Fine tune the content for higher engagement
- Maximize ROI on the campaign with the right data, and the best ad
- Adjust campaign planning based on what is, and isn’t, resonating with consumers
Connect with real people as they pass your signs. With Intelligent-OOH™ — finally, OOH advertisers get validated metrics — no more relying on third-party models and projections.
- 25% of invited consumers respond within one hour; 50% within 24 hours.
- Follow up — observe, then survey to measure the ad’s impact after they’ve shopped.
Plan Digital Brand Studies
Get fast, cost-effective metrics on brand awareness, brand lift and intent to buy.
- Survey buyers on their phones, in real-time.
- Track their store visits with GPS to verify they made a purchase.
- Send follow-up surveys to measure how well your campaign promoted a purchase.
- Get your Digital Brand Study set up within days, not weeks.
What we deliver:
- A fast report with relevant data to show how your digital campaign performed.
- Substantial savings: because we’ve made digital ad measurement more efficient.
Price: Digital Brand Study
List Price: $4,000 per project, including —
- 100 per cell (control/exposed across both mobile & desktop).
- QRE template
- Real-time results dashboard access with data visualization.
- Consumer demographic data (age, gender, ethnicity, region, HHI).
- Complete data file deliverables.
- 8 weeks of project management.
- Under 24-hour turnaround from campaign completion to raw data deliverable.
Price: Digital Brand Study Plus
List Price: $12,000 per project, including —
- Digital Brand Study package, PLUS…
- Campaign results cross tabulations deliverable.
- Campaign results effectiveness PPT analysis.
- 5 day turnaround from campaign completion to analysis deliverable.
MFour’s advertising effectiveness metrics are best-in-class, because we pull our data directly from the smartphones of real people – in real-time. For quick and solid campaign feedback, connect to our consumer panel. They’re waiting to tell you what they think. Check out where they live, their age and ethnicity by clicking on the consumer panel portion of our website:
Quite the opposite. Our market research team is here to brainstorm. If you’re facing a challenge, chances are, we’ve seen it before – and our qualified team of Senior Research Consultants can help. It is possible to get the answers to the questions you have, no matter how hard they may seem. We promise to give our full attention as we work on this together. We’re in your court and we have your back.
We’ve worked with the largest brands in the agency, market research and end client world. Our teams have years of experience. We’ll be happy to take a look at your campaign and tell you what we think. Talk with a market research expert today, and let’s see how we can help.
Make a Move
Start understanding advertising spends today. After all, advertising is hard enough without having to worry about the accuracy of your metrics. You should just know they’re right and be able to act on what they tell you.
We empower teams to do just that. Start seeing what resonates – with real people who want to tell you what they think. Determine your most impactful ads and adjust your media buys accordingly. It’s a better way to measure brand lift before, during and after launch. It’s time to reconnect ROI to advertising effectiveness. Let’s work together to empower your team.
Ready to talk to our research experts?
Pick up the phone and give us a call at (714) 754-1234, or send us an email. We look forward to hearing from you.
MFour is the world’s most experienced and keenly-focused provider of consumer research solutions for the Smartphone Era.
Our experts are ready to talk to you about getting the “Why” behind the buy. Complete the form, call or email us.