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About Lesson

Assignment: Monitor the performance of a campaign using trackable links. Provide a detailed analysis of the collected data, including the number of clicks, conversion rate, click-through rate (CTR), and return on investment (ROI). Present an action plan based on the obtained results.

Instructions:

  1. Collecting data:

    • Example: You launched an email marketing campaign, sending 5000 emails with a trackable link.
    • Number of clicks on the link: 250
    • Total number of conversions (e.g., completed purchases): 25
    • Total cost of the campaign: €200
  2. Calculate the conversion rate:

    • Example: The conversion rate is calculated as [(Number of Conversions / Total Number of Clicks) * 100].
    • [ 25 / 250 * 100 ] = 10%
  3. Calculate the click-through rate (CTR):

    • Example: The click-through rate is calculated as [(Number of Clicks / Number of Emails Sent) * 100].
    • [ 250 / 5000 * 100 ] = 5%
  4. Calculate the return on investment (ROI):

    • Example: Assume that each conversion generated an average gain of €10.
    • Total gain from conversions = [ 25 * 10 ] = €250
    • The ROI is calculated as [(Total Gains – Total Cost) / Total Cost * 100].
    • [ (€250 – €200) / €200 * 100 ] = 25%
  5. Analyze and interpret the results:

    • Example:
      • Your campaign generated 250 clicks with a CTR of 5%.
      • The conversion rate was 10%.
      • The campaign ROI was 25%.
  6. Propose an action plan:

    • Example:
      • Based on the results, you might consider improving the email design or the text of the email to increase the CTR.
      • You could test new targeting strategies to increase the number of conversions.
      • It might be useful to reduce campaign costs to further improve ROI.

🍏The best solution, 10/10: Criteria:

  • Accurate and complete data well presented.
  • Correct and detailed calculations for conversion rate, CTR, and ROI.
  • Critical and well-argued analysis of the results.
  • Realistic and actionable action plan, with practical suggestions also implementable.

Example:

The intervention with the best criteria:

  1. I collect the data: I sent 5000 emails, obtained 250 clicks and 25 conversions with a cost of €200.
  2. I calculate the conversion rate: [(25 / 250) * 100] = 10%.
  3. I calculate the click-through rate (CTR): [(250 / 5000) * 100] = 5%.
  4. I calculate the return on investment (ROI): [(€250 – €200) / €200 * 100] = 25%.
  5. Analysis of the results: The campaign achieved a CTR of 5%, conversion rate of 10%, ROI of 25%.
  6. Proposed action plan:
    • Improve the design and text of the email to increase the CTR.
    • Test new targeting strategies to improve conversions.
    • Reduce campaign costs to further improve ROI.

This example has clear requirements, precise calculations, and actionable proposals for improvements.