Is Looker Studio Pro Worth it?

Is Looker Studio Pro Worth it?

With the 2022 merge of Google Data Studio and Looker Studio, Google simultaneously announced the release of Looker Studio Pro, which offers customer/technical support, team workspaces, and Google Cloud project linking; at a price. Outlined below are the benefits and associated costs, as provided by Google:

 

Chart comparing Looker Studio vs. Looker Studio Pro

 

Technical Support

The most valuable of these benefits is technical support. In the free version, you are on your own if any problems arise. In Élan’s opinion, the paid version is not worth it; Google could have added a lot more benefits to make it worthwhile, such as third-party connector access, increased loading speed on reports, or increased blending capabilities. There are tons of free Looker Studio tutorials, tips, and formulas available online. Additionally, Looker Studio has a strong community of users who share troubleshooting advice in forums and bring software-wide issues to the attention of Google support. 

 

Google Cloud

Assets in Looker Studio Pro are also protected from deletion by a Google Cloud lien. In the free version, version history allows users to restore old versions of a report if work gets lost; if it is deleted, however, it cannot be recovered. To work around this, Élan recommends duplicating important reports as a backup copy in case the primary report gets deleted. 

 

Team Workspaces

Team workspaces are highlighted as a feature in Looker Studio Pro, but in the free version, multiple people can work on the same report simultaneously. Our team has encountered issues such as lagging and being kicked out of a dashboard or data source while collaborating. However, based on the description of team workspaces in the Pro version – 

 “Team workspaces are shared locations for team collaboration that enable Looker Studio Pro users to manage access and share Looker Studio content at scale. Members of a team workspace automatically get access to the content, and the specific permissions on workspaces depend on which role they are granted: Manager, Content Manager, or Contributor.” 

 

Bottom Line, Is it Worth it?

Ultimately, it appears that Looker Studio Pro’s utility lies in its increased options for permissions and access to reports rather than in an improved user experience that allows for more seamless teamwork.

If features such as commenting (similar to Google Docs), the ability for multiple users to edit filters and data sources simultaneously, and access to third-party connectors were all part of the Looker Studio Pro package; then it could become a worthwhile investment.

The bottom line is that the free version of Looker Studio already offers a lot of useful features, so Looker Studio Pro may not be worth your money.

How the Holidays Affect Media in 2023

How the Holidays Affect Media in 2023

A wonderful time of the year – though not for media budgets. The holiday season brings a flood of advertisers to both the digital and traditional media spaces. This means more ads, more clutter, and more money spent to compete.

Here, the Élan team would like to address how the holidays affect two key digital media tactics: Paid Search and Paid Social.

 

Paid Social

Due to the large influx of advertisers entering the market around the holidays, the social media landscape can become extraordinarily competitive. As a result, advertisers need to pay special attention to their campaigns over the holiday season. 

One of the most common issues advertisers face during the holiday season is increased CPMs (cost per thousand impressions). As the auctions become more competitive, bid prices will start to increase. As a result, it is common for advertisers to completely pause over the holiday season, losing out on potential leads. 

During times of high competition, our team uses the Meta platform’s “rules” in to put a cap on CPM. Should the ads in your campaign continue to have low CPMs, the campaign will continue to run as usual. 

However, if competition is high for your target audience(s) and CPMs increase to a level that is uncomfortable for you or your advertiser, the campaign will pause for the day. This allows your ads to continue to serve at prices you are comfortable with. 

With increased eCommerce advertising and these CPM limits, paid social media advertising performance is typically lower for the month of December.

Élan’s overall goal is to drive value in the areas with the highest return on investment. Therefore, while some spend is capped for certain practice areas, a large portion of spend will be focused around high-value practice areas where accident/incident volume may increase during the holiday period. This includes practice areas motor vehicle accidents (MVAs) involving commercial vehicles.

 

Paid Search

Since search campaigns serve ads based on keyword search queries, our ads only show alongside advertisers who are bidding on the same legal keywords. This means that our legal industry marketing campaigns are not competing for impression share with ecommerce markets like they could be on social, video, and display platforms. Therefore, legal industry search campaigns are not affected by holiday CPM increases caused by an influx of ecommerce ads. 

Search campaigns can however see a slight drop in search volume over the holidays as people are generally searching less for legal industry keyword terms. Search trends fluctuate and are always changing. However, based on our historical data, you can prepare for a 7-10% decrease in impressions over a major holiday such as Thanksgiving or Christmas.

 

Summary

As the media landscape shifts over the holiday season, Élan adapts to the changes to ensure media dollars are being spent when it truly makes the biggest impact. Overall, you can expect performance to dip; though know this is by design to maintain an efficient media spend. 

After the dip in results late December, you can expect to see a lift in media performance the following month – kicking off the new year with positive lead retention numbers due to revamped media spend and strategies.

 

Happy Holidays! – The Élan Team