Zoom makes is very easy to create different links for different marketing channels. In this case study, we concentrated on the channels that were the same for the first six events. We started with the Gutenberg Developer and Design leads on November 30 and ended with Site Building w/ Gutenberg on February 8th, 2019. ( We use Zoom to support the publishing and promotion of Gutenberg Times )
First we looked, how many registrations we received from visitors coming from the four channels: Facebook, Twitter, website and our weekly eNews.
Registrations by Marketing Channel
In Figure 1 we can see that the ratio of registrations is fairly well distributed with Facebook and the eNews slightly under 20% and Twitter at 27% and the Website at 34%. So far so good. All four channels contribute considerably to our Webinar audience.
What does this really mean? We know for each person, who registered through our Zoom registration page came through a link they saw on the respective network. We don’t know how often a visitor saw us promoting webinars, we also don’t know if those coming through Facebook, are not also twitter followers or saw it first on the website.
Use Conversion Rate to determine Return on Investment
To determine Return-on-Investment or ROI, we also would need to know the conversion rate of those visitors who came from those channels and then actually converted to a registration. In other words, how many visitors out of 100 visitors actually registered for the webinar?
When we crunch the numbers visitors / registration, we see a total different picture:
Figure 2 shows us the conversion rate for all for networks. The highest conversions rate have subscribers from our eNews. We also see that we need 10 times more visitors coming from Twitter to get the same number of registrations. Visitors from eNews are also the most faithful readers of our content and we are in contact with them on a weekly basis. Clearly aiming for increasing the numbers of subscribers should always be one of the focus for your marketing.
With the followers on Twitter we don’t have a close connection and the engagement is rather fleeting.
Narrowing down the audience seems to help with our conversion rate, too. On Twitter it is more the broadcast approach via the various profiles we control, on Facebook, we post the information about the Live Q & A only in three WordPress Groups. So the narrower the target audience the higher your conversion rate. Feels like stating the obvious, but it’s always good to confirm our instincts once in a while.
The visitors from the website are in between. We needed about 2 times more visitors from the Website to have the same amount of registration of our subscribers list.
Calculating return on investment (ROI)
The ROI could be calculated, by measuring how much time and effort it takes to create content for weekly eNews to augment the promotion of the Live Q & As, compared with the amount of time and effort it takes to update the website to provide the context for the promotional graphics and how much effort it takes to distribute the posts around Twitter and Facebook. Metrics are time spent and or money spent. And then set it into relation to the money gained. We don’t have any money numbers for this project.
In one of my next posts, I’ll share the tools methods and processes to create the Gutenberg Live Q & As from speaker recruiting, to collaboration on the content to social media promotion to the show and the post-production with YouTube space, transcripts and publishing on the Gutenberg Times for the archive.
How to improve ROI for promoting webinars or other online events?
To improve the ROI it might be worth looking into methods to streamline or automate processes and to reduce friction especially for twitter promotion. For Gutenberg Times purposes, we decide to add additional scheduled Tweets to promoted the webinars. This step is the easiest to do, it is free, and might catch followers and friends, who missed the announcement the first or second time.
Another approach could be to schedule the webinar more than two weeks out to give the promotion a little bit more time. Many people, have a 10 day lead time to get on their schedules, so if you are not there early, you might not catch a free time slot.
Another advantage of a longer planning period, is that we could reach out to other WordPress publications and alert them to the upcoming webinars so they can mention it on their eNews and social networks. This coordination takes time, though, but it’s well worth it. The highest numbers of attendees, would show up after the WPTavern added a post about it.
For other websites, it could be to increase interaction on Facebook, and schedule events, make sure you also include the panelists as co-hosts, which might help with distribution there.
This case study only covers, what is called last touch attribution.Neil Patel has lots to say about why only tracking last touch attribution is a bit defeating. Tracking all touch points is quite complex, and for a site like the Gutenberg Times, not feasible. If you are thinking about reaching a much larger audience (over 10,000 monthly visitors) creating a analytics framework that covers all touch-points your visitors, customers, followers have with your company would probably be worth the set-up and maintenance costs.
What online analytics framework is feasible for you?
Connect with Birgit Pauli-Haack and find out what analytics framework would be worth your while for your website and social media efforts.