RV 130 - Beyond Basic Tracking in Paid Search ROI
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Chris Walker hosts weekly Private Coaching Events for Vault Subscribers, which opens with covering important and timely industry observations. He starts by discussing the lack of data and tracking in companies that spend millions of dollars on Google paid search ads. He emphasizes the importance of having a system in place to measure the ROI of every investment in the channel. Chris highlights the need for marketers to go beyond basic metrics like conversions and clicks and focus on tracking pipeline creation and revenue generation. He also points out common mistakes, such as not using persistent UTMs, and emphasizes the importance of doing the fundamentals well before investing in advanced analytics tools. Chris concludes by discussing the ratio of investment in headcount and its correlation with ROI.
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