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Are We Overpaying Them?
Clarice Lin
Business Analyst & Marketing Strategist
March 16, 2018
Executive Summary
 Real Life case study
 Measuring returns from digital content development
 Become more profitable
 Reduced overhead costs
 The Opportunities to save cost over time
What We’ll Cover Today
 Case study examining content performance vs ROI
 The audit process
 Data points used
 Framework
Questions
 Are we overpaying the content creators?
 How are the content creators performing
 Quantity and quality of content
 Performance vs their remunerations
The Audit Process
 Established brand - niche
 ROI is too low - Revenue stream vs cost
 Business model – advertising, events, moving towards paywall
 Review high spend on freelancers vs perm staff
What Data Points were used
 Finance
 Monthly remunerations of each content creator over 6 months
 Content Management System
 Article ID
 Title
 Author
 Date published
 Number of words for each article
 Article type – opinion, news
 Google Analytics
 List of articles and their corresponding authors
 Pageviews, Bounce Rate, Unique Pageviews
Challenges faced
 Finance data
 Digital content vs print content
 Payment were delayed
 Chunks of payments
 Identifying the full-time staff vs
freelancers
 Naming issues in finance system vs
in CMS
 Article was republished with a
different date
 Titles were renamed – need to
dedup
 Google Analytics
 Duplicate article
 Data exclusion for group
collaborations
Finally…analysis to start!!
 Benchmarking process
 Eyeballs: Total pageviews of all articles by months
 Engagement: Average bounce rate and pageview per visit
 Average pageview, average bounce rate for each creator per article
 Establishing leaderboard of all content creators vs Amount of remuneration
 Quantity vs quality vs their remunerations
Insights
 Some content creators were indeed paid more than others
 While a couple show extraordinary performance with their content
 Some were overpaid
Actions
 Renegotiation of contracts
 Convert into permanent staff
 Team restructuring
 Injecting analytics into the day to day review
Lessons learned
 Data cleaning across different system to match up data
 Business process exceptions
 Proper tagging of CMS and Google Analytics
Questions and Answers
“Content builds relationships. Relationships are built on trust. Trust
drives revenue.”
Clarice is a marketing strategist who
drives business creativity &
effectiveness with numbers.
She has over a decade of experience
in Business Intelligence, Market
Research and Marketing Analytics.
Connect
 Twitter:
www.twitter.com/missclaaricelin
 LinkedIn:
https://www.linkedin.com/in/claricel
in/
 Medium:
https://medium.com/@iamclaricelin
Contact me:
 http://bit.ly/connectwithclarice
 clarice.lin@baselinelabs.com

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Are we paying them too much - can we become more profitable?

  • 1. Are We Overpaying Them? Clarice Lin Business Analyst & Marketing Strategist March 16, 2018
  • 2. Executive Summary  Real Life case study  Measuring returns from digital content development  Become more profitable  Reduced overhead costs  The Opportunities to save cost over time
  • 3. What We’ll Cover Today  Case study examining content performance vs ROI  The audit process  Data points used  Framework
  • 4. Questions  Are we overpaying the content creators?  How are the content creators performing  Quantity and quality of content  Performance vs their remunerations
  • 5. The Audit Process  Established brand - niche  ROI is too low - Revenue stream vs cost  Business model – advertising, events, moving towards paywall  Review high spend on freelancers vs perm staff
  • 6. What Data Points were used  Finance  Monthly remunerations of each content creator over 6 months  Content Management System  Article ID  Title  Author  Date published  Number of words for each article  Article type – opinion, news  Google Analytics  List of articles and their corresponding authors  Pageviews, Bounce Rate, Unique Pageviews
  • 7. Challenges faced  Finance data  Digital content vs print content  Payment were delayed  Chunks of payments  Identifying the full-time staff vs freelancers  Naming issues in finance system vs in CMS  Article was republished with a different date  Titles were renamed – need to dedup  Google Analytics  Duplicate article  Data exclusion for group collaborations
  • 8. Finally…analysis to start!!  Benchmarking process  Eyeballs: Total pageviews of all articles by months  Engagement: Average bounce rate and pageview per visit  Average pageview, average bounce rate for each creator per article  Establishing leaderboard of all content creators vs Amount of remuneration  Quantity vs quality vs their remunerations
  • 9. Insights  Some content creators were indeed paid more than others  While a couple show extraordinary performance with their content  Some were overpaid
  • 10. Actions  Renegotiation of contracts  Convert into permanent staff  Team restructuring  Injecting analytics into the day to day review
  • 11. Lessons learned  Data cleaning across different system to match up data  Business process exceptions  Proper tagging of CMS and Google Analytics
  • 12. Questions and Answers “Content builds relationships. Relationships are built on trust. Trust drives revenue.”
  • 13. Clarice is a marketing strategist who drives business creativity & effectiveness with numbers. She has over a decade of experience in Business Intelligence, Market Research and Marketing Analytics. Connect  Twitter: www.twitter.com/missclaaricelin  LinkedIn: https://www.linkedin.com/in/claricel in/  Medium: https://medium.com/@iamclaricelin Contact me:  http://bit.ly/connectwithclarice  clarice.lin@baselinelabs.com