Ampla’s Digital Marketing Strategy Blueprint series is perfect for small and medium sized businesses, nonprofits, and digital marketers seeking a fresh perspective on digital strategy. This is part 2 of 7.
The first installment of our Digital Marketing Strategy Blueprint series provided an overview on digital strategy versus tactics. This blog will review how to calibrate your strategy from the onset.
Why A Digital Audit is Important
Performing a digital audit can be a tedious time and resource drain. So why do it? A digital audit is important because it provides a ground-level understanding of the your company’s digital efforts. The audit helps to tell the story of where you’ve been and where you are now. It’s difficult to provide a benchmark of success for your organization’s digital marketing efforts if you don’t have performance baselines established. For example, how can you determine how much your email list size has grown if you don’t have a historic record of it’s growth? How can you tell if your SEM conversion rates are meeting your company objectives?
If never completed before, a digital audit allows you to document the digital marketing ecosystem that your company has created. It provides a snapshot of a window in time that can be expanded and updated. The audit also helps to tell the long-term story of “here was the baseline that we established in the audit, here’s what we did to improve, and here’s how we performed compared to the baseline.”
I’ve often seen businesses and nonprofits measure marketing success based on “industry-related” benchmarks. I would caution your organization to not measure itself against industry benchmarks as the main driver of success or failure of its efforts. It’s good to know industry benchmarks as a data point; however, it’s more important to set benchmarks against your own unique company’s performance. Better or worse, your company may not have industry average budgets, audience size, mix of customers/clients/donors, etc. Measure against yourself and strive to get better.
30 Point Digital Audit Checklist
At a minimum, I’d recommend creating a spreadsheet to track metrics over time. A thorough audit may look at hundreds of different data points to provide a super comprehensive picture, including competition comparisons. Some audit items might be very basic, while some more complex. Depending on the maturity of your organization, you might look at the previous 12 months worth of data, or previous 30 days for new companies.
For the sake of getting started, here’s a checklist of items that you might consider when putting your audit together:
1. Current cost to acquire a new customer/client/donor online:
2. Average revenue per transaction:
3. Lifetime value of a customer/client/donor:
4. Facebook audience size:
5. Peak time of day your Facebook audience is online:
6. Twitter audience size:
7. Peak time of day your Twitter audience is online:
8. Pinterest audience size:
9. What email platform are you currently using?
10. What are the limitations of this platform?
11. Email list size:
12. Email conversion rate:
13. Email open rate:
14. Email click through rate:
15. Revenue per thousand emails:
16. Adwords click through rate:
17. Adwords conversion rate:
18. Bing Ads click through rate:
19. Bing Ads conversion rate:
20. Website sessions per month:
21. Average time on website:
22. Percentage of mobile vs. desktop visitors:
23. Return on ad spend:
24. Donation page abandonment rate (nonprofits):
25. Shopping cart abandonment rate:
26. Have you established consistent user names across social media sites?
27. Have you set up accounts on social media sites that you aren’t using yet?
28. Click through rates on display ads:
29. Current net promoter score:
30. Is website mobile optimized?
This list is not even the tip of the iceberg for a complete digital audit; however, it’s enough to get you started and expand for your own company. If you’d like a thorough audit performed, Ampla can assist with providing this valuable cornerstone for your digital marketing strategy. Just reach out to us!
The next blog in our Digital Marketing Strategy Blueprint series will reveal what happens once your digital audit is complete. Entitled, “In a Perfect Digital Marketing World,” the blog will reveal tips, tricks, and ideas on how to put a framework around creating and accomplishing big goals for your digital marketing.
Add any additional items to the digital audit checklist in the comments section!
In case you missed the first blog in this series, here’s a link to it: Part 1: Framework: Digital Strategy vs. Digital Tactics