TaxBrain finds Coremetrics wares let it better optimize its multi-million dollar investment in online media spending.
TaxBrain has deployed Coremetrics web
analytics to optimize the company&singlequot;s multi-million dollar investment in online
media spending.
TaxBrain is currently using the
Coremetrics Marketing Management Center (MMC) to rapidly view accurate, unbiased
analysis of thousands of simultaneous marketing programs in order to compare,
optimize and negotiate revenue-based pricing for all online marketing
initiatives. The MMC is the industry&singlequot;s first hosted marketing analytics solution
that auto-senses and seamlessly measures the performance of keyword, banner,
affiliate, portal and e-mail campaigns in a single, sortable
interface.
"Due to the extreme seasonality of our
online tax services business, we must aggressively manage and optimize our
online media spending in order to acquire and sustain customer relationships
year over year," said Craig Petz, vice president of marketing at TaxBrain.
"Until Coremetrics, we relied heavily upon marketing reports supplied by various
partners. While these reports were useful for monitoring the performance of a
single marketing channel, they did not provide a comprehensive view of marketing
activity. Coremetrics provides a uniform marketing ROI measurement framework
covering multiple key conversion points within our most important site
processes. Furthermore, Coremetrics easily imports relevant data from each
marketing partner thereby ensuring that the marketing analysis meets our unique
needs."
TaxBrain leveraged Coremetrics&singlequot; unique
custom reporting and data integration capabilities to deploy a customized
version of the MMC. The Web-based interface integrates impression, click-through
and cost data from each partner through a daily data import. This enables
TaxBrain to calculate multiple Key Event conversion rates and ROI for each
vendor, campaign and placement, integrating relevant partner data with
individual visitor data captured by Coremetrics.
"Online marketers are running thousands
of marketing campaigns, but they have a very hard time comparing performance
across all the different mediums," said Joe Davis, president and CEO of
Coremetrics. "We offer the industry&singlequot;s only online marketing management solution
that automatically tracks the performance of every single online campaign in a
uniform framework -- from e-mail, to natural and paid search. Companies like
TaxBrain benefit greatly from our solution because they are able to quickly
assess ROI, eliminate under-performing campaigns and negotiate appropriate rates
to make their campaigns successful."
For more information, visit Coremetrics
here.