The Update: Measurement that helps every marketing dollar count

Consumers’ wants and needs have been changing rapidly

—even daily in some cases—

and consistency in reporting is really out the door.

It’s impossible considering the rate at which things are changing.

With that,

gauging results has become more complicated

and this problem is exacerbated because

resources are also more constrained given that this is also an economic crisis.

With people feeling eager and ready to rebuild,

marketers will have plenty of opportunities to make a difference.

In this episode of The Update,

I sat down with Vidhya Srinivasan,

who leads measurement and analytics for Google's advertising products,

to talk about the importance of measurement in the current moment.

Things seem to be shifting on a weekly, or even daily basis right now.

What are your thoughts about ad measurement during times of upheaval?

Marketers really need to listen like never before,

especially because the situation is really fast evolving.

And it really boils down to having a finger on the pulse.

Now, this is a situation that none of us have really encountered before,

and things are fairly confusing all round.

All the traditional baseline metrics that we used to rely on

don't even matter anymore.

What we are seeing is entire campaigns being suspended or drastically altered,

and it really boils down to

finding insights.

Because with those insights comes a plan.

So Vidhya, as you said,

understanding this current moment comes down to insights or metrics

for so many leaders, including marketers.

How has the current moment challenged marketers when it comes to measurement?

So measurement is complex at the best of times,

and for marketers especially during these difficult times,

the stakes are very real.

Now this is true of our big customers, but it is especially true for smaller businesses.

This is because they're trying to identify where to invest

perhaps limited resources

and trying to get the most out of their dollar.

So the main challenges for marketers really are around

how to collect and assess data in as close to real time as possible, as things are changing,

how to sort through the data for insights,

how to use those insights to make the right changes,

and how we do all of this

while also fully protecting user privacy.

How are you thinking about your priorities,

and how did you and your team

build the right tools to enable marketers right now?

So overall Marie,

I would say our priorities have not really changed.

We have three main priorities:

number one, really, is to help marketers understand the impact of their marketing spend. That hasn't changed.

The second one is, how do we help marketers understand their user sentiment?

Number three is to help marketers to really understand

how their users are interacting with their ads,

as well as with the digital world, be it on the website or mobile apps.

So Vidhya, you know, I'm a former client,

and I remember it was always quite difficult

to find the right balance between

precise, accurate measurement, and at the same time

getting the job done.

So for you, is there a compromise? What's the compromise and how do you solve it?

So I'm a big believer in

actionable metrics.

So when you talk about accuracy,

I think it's really all about the marketer’s context and use case.

Now, simple fast reads of a situation can miss the nuance.

At the same time, overanalysis,

or the pursuit of unattainable precision

can also really hold teams back from taking action.

So the ideal balance really has to do with

getting the precision needed for actionability.

I love that actionability is the lens

you want to use to define the metrics you're going to look at.

Can you give examples

where this works in practice and which could be inspiring for our clients?

So for example with Brand Lift,

now we start reporting for Brand Lift soon after the campaign starts –

Can you give examples

again, there's a trade-off in terms of precision.

Similarly with reach measurement.

And in both these cases,

we believe this trade-off between timeliness and precision is the right one for the use case.

So Vidhya,

we see so many different situations in terms of consumer behaviours right now.

On the one hand, we can see people looking for openings of hotels or car dealerships,

but on the other hand, we also see people planning

for a life based on staying at home.

To make sense of all the signals,

which tools would you recommend to marketers right now?

Google Analytics continues to be one of the best ways

to understand how your customers are interacting with your key business touchpoints,

be it a website or mobile app.

And with our recent changes, it really brings together

a comprehensive view of the user journey across app as well as web.

Furthermore, Google Analytics also has machine learning capabilities

to surface key insights that might otherwise go unnoticed,

as well as looking into the future with predictive analytics.

Beyond that, Google Analytics comes integrated across Google Ads

and Google Marketing Platform,

which makes analytics directly actionable.

One of the other tools I was using as a client is Data Studio.

Can you talk about

how you would be using it, as a marketer?

So yes,

Data Studio is a really awesome productivity tool to drive insights.

It comes with built-in connectors to marketing products

like Google Ads and Google Analytics,

and you can see

your data updates in real time

which allows you to make faster decisions.

Furthermore, it also comes with marketing templates

so that you can get to your favourite reports

with the most relevant metrics already pre set up,

and you can even use features such as scheduled emails to get daily trend reporting in your inbox.

So Vidhya,

you talked a lot about going fast,

and one aspect of agility is about being nimble,

both in terms of understanding what's happening, and also communicating what's happening.

So can you talk about

the changes you've made to Google Optimize to keep customers in the loop?

So with Optimize,

now you can quickly post an informational banner on your site for changed hours,

services, et cetera.

You can pick which pages of the site

this banner should be displayed on,

and display different banners in different locations as well.

So, as you said many times,

there's never been a more important time to invest in a wise way.

One way to do this

is through attribution in Google Ads.

So, what have you and your team been doing on this front,

and what can you share with us?

Attribution in Google Ads

really helps you understand your investment as it relates to

the various paths to conversion on your site.

And it essentially awards credits to the different ads,

clicks and other factors along the way.

Now, we recently launched a brand new experience in Google Ads for attribution,

and this helps you see and understand reports very quickly.

So, basically we've highlighted metrics and paths

that you should really pay attention to so that you can optimise your spend.

And it's not only just how the reports are designed, right?

It's also the insights you added for advertisers about YouTube for instance.

That's right.

So, recently we added support for YouTube engaged views, as well as clicks.

This has been a priority for us for a while now,

however with the recent explosion in YouTube watch time,

this is especially timely for our marketers.

So, with these new features,

attribution in Google Ads can now help you understand

how your customers interact with your ads across YouTube, Search and Shopping

before converting

and you can then adjust your marketing spend accordingly.

Thanks so much Vidhya for the inspirational examples,

and the power of the insights behind measurement.

Would you have any final thoughts to share with us?

So, my brother actually leads marketing for a regional grocery chain,

and they've been moving to e-commerce at breakneck speed.

I feel like I'm on the phone with him all the time,

where he's giving me new requirements for tools and features that could help them.

Now I really want to hear from all our marketers, not just the ones that I know personally.

I would love to

hear your feedback about how we can help more.

This is really what drives me and my team,

and the more that we can do to help you and your businesses,

the better we can serve our end users.

Now above all,

I’m wishing all of you safety and good health.

Thank you for your time and take care.