yes, you can: bringing roi to your hospitals' website
DESCRIPTION
Learn how to attach value to your hospital's website, hold your digital marketing content accountable, measure the success of your offline campaigns, and much more. Interested in hearing more? Contact us at www.rockitresults.comTRANSCRIPT
YES, YOU CAN Measuring the Value of Your
Hospital’s Website
THE CHALLENGE
• Lack of Contribution Margin
• Complexity of Departments and
Procedures
• Limited ability to follow up with leads
• Lag time between revenue
reports
We as Healthcare Marketer Face…
SOUND FAMILIAR?
THE RESULT
• Stale reporting
• Limited insights
• Lack of
engagement by
senior decision-
makers
KEYWORD Jun-12 Jul-12 Aug-12 Sep-12
aneurysm treatment centers 5 1 3 3
arrhythmia treatment 30 31 21 14
CRITICAL QUESTIONS
1. How can we determine the ROI of
our marketing efforts, without clear
revenue data?
2. How can we attribute leads across
multiple channels, including offline?
3. How can we hold our content
accountable?
4. How can I pull all my data into one
coherent picture?
GOALS OF OUR
PRESENTATION
1. Learn New Ways to Leverage
Analytics to Answer Critical
Questions
2. Leave with a Methodology for
Attaching Revenue to Your
Website
3. Introduce Tableau as a Solution for
Integrating Marketing, Data, and
Operations
THE HEALTHCARE FUNNEL
You can call it passion for healthcare marketing. We call it full digital funnel management.
POLL QUESTION
How Would You Rate Your
Comfort with Google Analytics?
• EXPERT
• SOMEWHAT
• NOT VERY
THE SOLUTION:
Yes, You Can…
HOW TO GET TO ROI
Return on Investment
MUSC
Ingredients:
1. Select the year you have
complete data for
2. Annual Revenue (available on
your hospital’s website or
Guidestar.org) OR Annual
Contribution Margin
3. Number of non-ED cases for
that year
4. Pick your important online
conversions (KPIs)
2011-2012
$1.3 Billion
$320 Million
606,393
Find-A-Doc
Request Appt
Time on Site
HOW TO GET TO ROI
Return on Investment
MUSC
Contribution Margin ($320M)
Online Conversions =
Contribution Margin
Per Conversion
Online Conversion CM Per Conversion
184,011 Find a Docs $1,739 per Find-A-Doc
5,647 Request an Appointments $56,667 for Request an Appt
50,453 hours = time on site
(roughly 6 years!)
$6,342 per visitor hour on site
Phone Appointments to Taste
YES, YOU CAN… #2 - USE ATTRIBUTION TO GIVE CREDIT
WHERE CREDIT IS DUE
2. Using Attribution Modeling
for Offline Campaigns
MUSC’s Television Campaign
Promoting Physicians, Fall 2012:
• $85,000 media spend for
television ads over 6 weeks
• Promoting custom URL:
WhyMUSCPhysicians.com
• Question #1: What Influence
Did This Campaign Have on
Appointment Requests?
• Question #2: What was the ROI
for this offline campaign?
2. Using Attribution Modeling
for Offline Campaigns
MUSC’s Campaign Promoting
Physicians:
• Use the Google Analytics Multi-
Channel Attribution Tool
• Choose the “Any Interaction”
Feature to capture all
WhyMUSCPhysicans Visitors
• We see that the Physicians
Campaign led to 294
conversions totaling $674,310
in new revenue
YES, YOU CAN… #3 - UNDERSTAND YOUR ORGANIC
TRAFFIC AND CREDIT YOUR CONTENT
FOR LEADS
HOW DOES ENGAGEMENT
LEAD TO CONVERSIONS?
The longer the time spent on the website, the
higher the chance of conversion.
2.7%
12.6%
15.0% 16.6%
20.5% 21.7%
33.2%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
0-10 seconds 11-30 seconds 31-60 seconds 61-180 seconds 181-600 seconds 601-1800 seconds 1801+ seconds
% o
f V
isito
rs t
ha
t C
on
ve
rte
d
Time on Site
• MUSC Find-A-Doc leads consume 3.7 times the
number of pages of non-leads.
• MUSC “Request an Appointment” leads consume
6 times the non-converter rate.
Non-
Converters Find-A-Doc Request an
Appointment
Pages Visited
Unique Visitors
Average
Value Per Page
HOW DOES ENGAGEMENT
LEAD TO CONVERSIONS?
386,112
236,232
1.63
$0
98,416
16,055
6.13 $284
5,127
521
9.84 $5,758
WHAT IS THE BEST
DISTRIBUTION CHANNEL?
Google Plus users are visiting 90% more pages and spending 347% more
time on the website.
IS OUR CONTENT
ENGAGING?
YES, YOU CAN… #4 - AGGREGATE YOUR DATA INTO ONE
COHERENT PICTURE
What is Tableau?
All Your Data, in One Coherent Picture
YES, YOU CAN… ANTICIPATE WHERE DIGITAL
MARKETING IS GOING IN 2014
2014 AND BEYOND… Where Digital Marketing is Going
NURTURING SOLUTIONS
• Marketing Automation
• Email Marketing
• Social Media Marketing
• Content Marketing
• Video Marketing
• Retail Marketing & Management
• Reputation Management
• How can we track patients
and their conversions
across multiple devices?
• How can we integrate the
demographics of our
visitors into our overall
analytics?
• How will we respond to a
world where search
engines don’t provide
organic keywords
anymore?
• How can we as a hospital
learn from and implement
the best practices of the
business world?
JUST TO REVIEW
1. Use MUSC’s recipe to cook up your
hospital’s ROI
2. Use custom URLs and the Analytics
Attribution Model to determine the
ROI of offline campaigns.
3. Use time on site, pages consumed,
and more to understand your
content’s impact.
4. Consider Tableau as a way of
pulling together all your hospital’s
marketing and operational data.