Summary
Report submitted for OnyxData #DataDNA and ZoomCharts Challenge June 2024. The report was built with the Marketing Campaing Dataset and includes ZoomCharts custom Drill Down PRO visuals for Power BI.
Author's description:
This analysis is for a UK-based clothing store that launched targeted marketing campaigns for the Spring, Fall, and Summer seasons. Each campaign included two distinct advertisements on Facebook, Pinterest, and Instagram: one highlighting discounts and the other showcasing the latest clothing collections. The campaigns specifically targeted three major cities: London, Birmingham, and Manchester.
Key Insights:
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Campaign Seasons:
- Fall campaign is the most expensive but generates the highest conversion value.
- Summer campaign, despite the lowest spend, shows a competitive conversion value.
- Spring campaign provides a balance between spend and conversion value.
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Ad Types:
- Discount ads generate higher conversion value and higher ROI/ROAS, indicating more effective performance.
- Collection ads have a higher CPC but lower CTR compared to discount ads.
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Channels:
- Pinterest shows the highest conversion value with the lowest spend, indicating strong efficiency.
- Facebook, despite the highest spend, has the lowest conversion value.
- Instagram has moderate spend and conversion value, but a high CPC and CTR.
Recommendations:
- Focus on Summer Campaigns: They provide good conversion value with lower spend.
- Leverage Discount Ads: They are more effective in generating higher ROI and ROAS.
- Optimize Spend on Pinterest: Given its high conversion value with lower spend, investing more in Pinterest could yield better returns.
- Reassess Facebook Strategy: With high spend but low conversion value, Facebook campaigns might need optimization or reallocation of the budget to more effective channels like Pinterest or Instagram.