Metrics

Consumer Engagement, But Not Yet Marriage

Headshot of Peter J. Rosenwald
By Peter J. Rosenwald

How many times have we been asked (or asked ourselves) to come up with a valuation of a minute of a prospect’s time and attention, AKA consumer engagement? Almost all advertising is bought and sold using some version of the metric (cost per person, mostly expressed as CPM) and yet no one seems to have nailed an equation that can reliably be used as a baseline.

It’s not that marketers haven’t tried. The most recent expression was reported in Media Daily News at the end of July.

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Headshot of Peter J. Rosenwald

Peter J. Rosenwald

Peter J. Rosenwald is an expat American living and working in Brazil; founder and first CEO of Wunderman Worldwide, International Division of Wunderman agency) and first chairman of Saatchi & Saatchi Direct Worldwide; strategist and senior executive in charge of building subscription and data-driven marketing for Editora Abril, Latin America's leading magazine publisher; founder of Consult Partners, active strategic marketing consultancy working in Brazil, U.S. and U.K. International keynote speaker on data-driven marketing and author of 'Accountable Marketing' (Thomson), 'Profiting From the Magic of Marketing Metrics' (Direct Marketing IQ), and 'GringoView' blog author for Brazilian Huffington Post. With an international perspective, my blog's purpose is to share my maverick views of this business I've spent the last half-century working in, enjoying and observing.

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