Facing the budget management nightmare? Whether you're an agency chasing client spending goals or an in-house team wrestling with finance-set budgets, staying on target shouldn't be a Herculean task. Traditional methods - think cumbersome offline analyses or limited publisher tools - just don't cut it anymore. Why?
Forecasting Finesse: Ditch the rearview mirror approach. It's time to predict and pivot with the market and seasonal shifts.
Fragmentation Fight: Juggling multiple media publishers? Without a unified strategy, opportunities slip through the cracks.
Frequency Flexibility: The market's always on the move, and so should your budget adjustments - quarterly or annual tweaks just won't do.
Enter Marin, your budgeting wizard:
Always stay on target
Once you set targets, Marin automatically takes over, hitting your goals for the program and saving you time by eliminating manual monitoring and budget adjustments. The results speak for themselves.
Effortless performance monitoring
The pacing dashboard shows how you are progressing against your goals. At a glance, you will know if you’re on track for the month, quarter, or whatever period matters to you. The dashboard reports your key metrics, including spending, revenue and efficiency (CPA / ROAS).
Rollover magic for unused budgets
Leftover budget? Marin seamlessly rolls it into your next cycle, recalibrating targets without missing a beat.
Smart pauses to avoid overspending
Marin does a great job of hitting your targets, but changing market conditions or evolving goals can occasionally exhaust your budget before the end of the cycle. Marin will automatically pause campaigns in strategies that have met their goal, preventing overspending and potential credits due to your clients.
In addition to pausing when campaigns when you've hit your target for the cycle, Marin also offers a daily spend cap. This is useful for publisher like Google who spend up to 2x your daily budget setting.
Insightful alerts when targets seem distant
Hitting a roadblock? Marin not only alerts you but provides AI-powered insights into why you're not hitting your goals. Marin also offers suggestions for addressing the issues and makes it easy to reallocate unusable budgets to other Strategies if needed.
Strategies: Your multi-account, cross-publisher foundation
Budget pacing in Marin is built around Strategies, a group of campaigns that share a spending target. A Strategy can include campaigns from different publisher accounts and channels.
An agency might have Strategies for different clients, and a brand might have different strategies for lines of business, funnel stages, or geographies.
Bid farewell to budgeting nightmares. With Marin, you're not just managing budgets; you're mastering them with ease, precision, and a touch of AI magic!
QUODD Boosts Conversions by 500% in Just One Month with Marin Ascend
Background
QUODD is a leading provider of real-time market data and end-of-day pricing solutions, serving a diverse client base across the fintech, wealth management, investment management, and retirement sectors. Known for delivering fingertip access to comprehensive financial data with unmatched quality and speed, QUODD's clients rely on them for mission-critical information across equities, options, bonds, futures, and more.
PPC for B2B: a Performance Marketing Survey Report for 2023
To help you stay on the leading edge of performance marketing, we surveyed over 300 B2B marketers to uncover actionable insights that will help you improve the performance of your PPC investment. Through a Marin and LinkedIn partnership, we sought out to understand what B2B marketers face right now and how they are dealing with a complicated market. Read the full report to get a better understanding of how B2B marketers are changing their approach this year.
What You'll Learn from the Report:
How budgets have changed through the years 2020 to 2023 and how budgeting complexities affect the work of advertisers this year.
What challenges are most prevalent this year and how other marketers like you are adapting.
The critical role audience targeting plays in your success, especially during a recession, and some interesting trends relating to targeting techniques.
The types of content and campaign management techniques are currently helping advertisers move buyers through the sales funnel.
What paid social or PPC channels are providing the best ROAS or conversions for B2B right now.
Your campaigns aren’t reaching their full potential. AI-powered budget allocation can fix that.
If you’re a PPC marketer, your budget allocation process probably looks like this:
Management gives you an overall budget to spend on paid media each quarter. You’ve created budget ‘categories’ like brand, non-brand, remarketing, local, display, etc, and every quarter, you review performance for each category over the past few quarters, analyze which categories have the potential to spend more or need less, and distribute the budget across those categories, then across the campaigns within those categories.
This process takes a few workdays to complete. Then, throughout the quarter, you occasionally check in on those categories and campaigns to adjust the budgets slightly. At best, you are driving by looking in the rear-view mirror. And after all that work, your paid media campaigns still don’t even hit your spend goals, let alone their full potential.
It’s frustrating. And in the age of AI, there’s a better way. Most marketers could get more conversions out of their current budget if they began automating with a budget allocation AI.
The customer journey is more dynamic and fluid than ever due to new search options and evolving ad types – not to mention evolving user behaviors and expectations. Things are changing fast. Over 50% of Gen Z say TikTok is their go-to search engine. So, how can marketers keep up with these shifts in traffic between channels? As market share shifts by category and vertical from search to social and back again – setting static, manual monthly budgets for each of your marketing channels means you cannot capitalize on unpredictable consumer trends.
If social traffic spikes or inventory runs out, your current optimization models can react in real-time, but only WITHIN their respective platforms. For example, a social ad outperforms expectations and drives more customers to convert than search or e-commerce. But your social and search budgets are static - meaning Meta can optimize your newly successful ad until it caps out your set monthly budget. With AI monitoring performance and predicting future opportunities, the budget can be automatically moved from Search to Social to ensure your next dollar goes where the opportunity is greatest, in line with your cross-channel marketing goals.
Alumni Ventures, a Marin client, wanted to optimize their paid social budget allocation across Meta and LinkedIn campaigns. They found that although the audiences they targeted on both Meta and LinkedIn were similar, there was no consistency in how each channel performed across networks. Some audiences strongly outperformed on LinkedIn and others on Meta, making it difficult for them to optimize spend by audience. Allocating budgets by alumni audience and channel over a defined period was tricky and time-consuming. They needed a more adaptive approach that could automatically adjust for both spend pacing and channel performance trends.
By deploying AI-powered dynamic budget allocation, as Marin Ascend offered, cross-channel changes can be accounted for in near real-time without waiting for a team member to analyze, strategize, and deploy a budget adjustment manually. By the time this manual work is completed - the budget could already be moved to your most successful campaign asset before you’ve been able to traffic the changes. And if the opportunity proves to be fleeting? The budget is moved back to where it will most impact achieving your account-wide monthly targets
I’m not trying to tell you that your paid media performance is bad… you’re an experienced professional, and I’m sure you know what you’re doing. But why not multiply your expertise and time with a powerful AI companion that can take hours of not-so-fun work off your plate so you can focus on the strategic stuff you actually find interesting? And as a bonus, this AI companion can help you find at least 10% more conversions within your current budget.
Enter Marin.
We spent the last few years building Marin Ascend, the budget allocation system that my 23-year-old Account Coordinator self dreamed of. All those budget distribution steps I mentioned above? Ascend can do them better and faster and take advantage of every opportunity to shift budget to top-performing campaigns. So, what makes Ascend so much better than manual budget management?
Access to more signals: Our AI uses proprietary forecasting models and a tried and true algorithm to determine where you should spend your next dollar.
An understanding of the full picture: Our platform automatically pulls data from all your advertising platforms and your source of truth for conversion and revenue data. It unifies all that data to get a cohesive picture of your entire paid media program before making decisions.
Unified reporting: Our pacing dashboards allow you to monitor performance vs. plan in real-time across all accounts and publishers.
Daily updates: Ascend will reallocate spend every day if it finds better opportunities. Human budgeting decisions are less frequent, more time-consuming, and strategically fallible. AI is consistent.
Unified bid and budget management: Ascend can manage your budgets and bidding targets in unison. This way, you’ll avoid having targets that are too loose with budgets that are too low, which can lead campaigns to run out of budget in the middle of the day. The last thing you want is for your ads to stop running during those precious evening hours, and Ascend ensures that doesn’t happen.
If you’re not using AI to manage your budgets, you’re leaving money on the table. But don’t take our word for it – we’ll prove it by giving you a free Media Mix Audit.
With the audit, you’ll get a report that outlines exactly how much money you’ll save and how much more revenue you’ll get with our AI-powered budget allocation tool. Our system will use publisher and proprietary forecasting models to understand each campaign’s potential and showcase the results you’d get with Ascend.
Maybe you’re not ready for AI to take over yet, and I get it. The robots scare me, too. Regardless, there’s no way grabbing this free audit is a bad idea. Click here to request yours today.
