Topline summary...
Formalizing a testing and optimization program and really taking command of data analytics can be a powerful marketing asset. Four years in the making, this case study on SAP's Test Lab is so extensive, we broke it down into two parts.
This week covers the founding of the program, the overarching strategy behind the Test Lab and aspects of its operational process. Next week, we’ll dig deeper into some of the challenges the team at SAP faced with the Test Lab, and how this initiative led to "definitive insights" for SAP's marketing.
Here are the two key metrics on this marketing effort.
"We track the overall ROI of the SAP Test Lab quite closely, and on average, the tests result in a 27% lift in incremental sales leads from digital. Test Lab findings have also resulted in a digital marketing budget savings of 20% because we are able to avoid less effective online tactics. Continual ROI like that is what allows the 'test culture' to continually grow across all of SAP marketing," Burns explained.
This is a must read. It is a post that reports on SAP's very thoughtful approach to analytics, testing and optimization, and we are certain we can all learn from their example. One wonderful takeaway is that anyone can do this regardless of budget.