Paid Media “How-To” (Overview Dashboard)
Your Paid Media dashboard category is connected to your Paid advertising platforms and allows you to monitor KPIs across multiple platforms in a single source to maximize ROI. Paid media dashboards answer the question “where is my money going and what am I getting for it?
Use Cases for Paid Media
Use these dashboards to:
- Understand which platforms are over performing and/or underperforming
- Understand which campaigns and adsets are over performing and/or underperforming
- Make budgeting decisions across platforms to scale spend in performing platforms and cut spend in underperforming platforms
- Make budgeting decisions across campaigns to scale spend in performing campaigns and cut spend in underperforming campaigns
- Monitor changes in ROAS over time to measure marketing efforts
- Monitor your agency’s performance to ensure your ROI
How to access Paid Media Dashboards:
- From the Navigation screen, Click the radial button next to “Paid Media Category” on the left side of the screen to see all available views within Paid Media
- The Paid media category consists of 6 core dashboard views and 1 automated weekly report. All customers are subscribed to receive this weekly report during your initial implementation. If you have any issues receiving the report please contact your CSM
- As you move across the tabs at the top of paid media from left to right, your data will become more granular
Navigating Paid Media Dashboards:
Paid Media – Overview:
- From your navigation bar click “Paid Media Overview”
- Paid Media Overview is designed to show you how all of your advertising efforts across all of your paid media platforms are performing
- Change the date filters at the top of the screen to the timeframe you want to analyze
- Change the Comparison Period dropdown to compare current timeframe to the previous period or the previous year
- Next click the large blue button named “show filters” to see additional filtering options
- If you have only 1 brand connected, the brand name will automatically populate
- If you have multiple brands connected you can use this filter to select 1 or multiple brands to analyze
- Additional filtering options include:
- Ad Account Name: Customer accounts connected to PenPath
- Channel:
- Search, Shopping, & Smart are all Google
- Social is Facebook, Instagram & Pinterest
- Data source: Paid Platform
- Campaign name
- Remember that for a campaign to show up it has to be running within the date range you have selected. If a campaign looks like it is missing please expand your date range
- Ad Name: All ads tied to a specific campaign
- After selecting your desired filters, click “Hide Filters”
- In the middle of the dashboard you will see 2 additional dropdowns associated with a bar chart and trend line
- The first drop-down allows you to select the KPI you want to analyze. Selecting a new KPI will alter both the bar chart and the trendline.
- A green bar indicates higher performance than the comparison period
- A red bar indicates lower performance than the comparison period period
- The gray vertical line is the comparison period benchmark
- Click any bar to filter and unfilter page results
- The first drop-down allows you to select the KPI you want to analyze. Selecting a new KPI will alter both the bar chart and the trendline.
- The second drop down allows you to change your date breakdown by day, week, month or quarter
- The bottom chart filters out selected data sources and associated metrics in the given time frame. Metrics shown include”
- Spend
- Conversion value
- Average conversion value
- ROAS claimed
- Number of conversions
- Conversion rate
- Cost per conversion
- Clicks
- CTR
- CPC
- CPM
- Total impressions
Solving your use cases with Paid Media – Overview:
- Understand which platforms are over performing and/or underperforming
- Using the bar chart in the center of the dashboard and the chart below, easily understand which platforms are producing the highest conversions, conversion values and ROAS to scale
- Make budgeting decisions across platforms to scale spend in performing platforms and cut spend in underperforming platforms
- Monitor changes in ROAS over time to measure marketing efforts
- Change the KPI in the center of the dashboard to “ROAS – Claimed” to monitor ROAS performance over time
- ROAS can be viewed across all paid platforms or filtered to show selected data sources by opening “Show Filters” and selecting desired platforms within “Data Sources”