Transcript
Page 1: Building a Connected Brand with Attribution Modeling - iCrossing

1 COPYRIGHT ICROSSING / PROPRIETARY AND CONFIDENTIAL

Page 2: Building a Connected Brand with Attribution Modeling - iCrossing
Page 3: Building a Connected Brand with Attribution Modeling - iCrossing

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With you today

Doug Bryan Vice President, Analytics, iCrossing

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• What is attribution modeling?

• How attribution modeling helps you allocate your

digital ad budget

• The type of lift you can expect from doing

attribution modeling

• Different approaches to attribution modeling

• Making the connection

• Q&A

What we’ll cover

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A few industry statistics to set the context

Number of information

sources used by the

average shopper

2010 2011

5

10 • 85% of the value of display ads is from

impressions, not clicks

• Display ad click-through rates have dropped to

0.06% and even lower on social sites

• 84% of all shoppers use online information

sources

• The number of information sources used by the

average shopper doubled last year

• Conversion funnel length for technology and

automotive products are 4 to 6 months

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Measuring digital multi-channel conversions

- Josh Chasin, Chief Research Officer, comScore (2010)

- Bob Liodice, CEO, Association of National Advertisers

(Advertising Age, September 19, 2011)

“…the Internet is the

most measureable medium.”

“Digital… turned out to be the

least measurable.”

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TV Print Radio Digital

Measuring digital multi-channel conversions

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What is digital attribution

modeling?

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What’s the ROI when customers are touched by multiple ads?

Digital attribution modeling

___%

___%

___%

___%

___%

___%

___%

display ad 1

display ad 2

non-brand SEM

non-brand SEO

brand SEM

brand SEO

r etargeting

Predictive modeling solves this

display non-brand SEO

non-brand SEM

retargeting

$ $ SALE

brand

SEM

brand

SEO

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Performance

• 15% lift when switching from last-click to multi-touch

• 35% – 65% lift with attribution modeling specific to

your brand and marketing tactics

• Measure the ROI of display ad view-throughs

• Measure the ROI of non-brand SEM and SEO

keywords

Marketing Intelligence

• Generate personas of multi-touch, multi-channel

customers

• Generate conversion funnel insights

The value of attribution modeling

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1. Metrics strategy and tagging assessment

Conversion types, metrics and web tags for each

channel

2. Collect multi-channel data

Cookie-level impressions, clicks, conversions, and costs

3. Analyze multi-channel data

Personas, funnel insights, and attribution model

4. Recommend ad spend changes

5. Rinse and repeat each quarter

How it works

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People

• Web analyst, JavaScript programmer,

big data architect, data miner / non-

parametric statistician

Process

• Tag, collect, audit

Platform

• Big data collection, clustering,

multivariate regression, model

validation, reporting

What you will need

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How attribution modeling

helps you allocate your

digital ad budget

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Multi-touch conversion funnel

$ $ SALE

SEO click, May 8, 11:07pm SEM click, May 5, 9:43am

display view May 2, 8:23pm

(fictional example)

display click May 15, 7:44pm

SEM click, May 18, 12:28pm

May 18, 2:33pm

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Multi-touch conversion funnel

What happened

What you see with last-click

display SEM SEO display SEM

view click click click click SALE

May 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

display SEM SEO display SEM

view click click click click SALE

May 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 May 18

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Understanding the

different approaches

to attribution modeling

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Different approaches to attribution modeling

? ? ? ? What’s the best fit for your brand?

credit

touch

100%

Industry averages by position

Same fixed percentages for all brands

By position

Each touch gets a fixed percentage

Last-click

Full credit goes to the last click

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Cake!

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Different approaches to attribution modeling

Custom predictive modeling Custom model for your brand and current

tactics to find the best fit

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Persona development Help to understand your customers’ conversion funnel behavior

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Marketing intelligence

-

5,000

10,000

15,000

20,000

25,000

30,000

1 2 3 4 5 6 7 8 9 10 11 12

nu

mb

er

of

co

nvers

ion

s

number of touches

Dotomi DART SEM

brand

SEM

non-

brand

SEM

Dotomi --- 22% 38% 28% 9%

DART 24% --- 36% 28% 8%

SEM 15% 14%

brand SEM 14% 13%

non-brand

SEM 20% 16%

Channel overlap:

36% of DART orders

had SEM clicks

0%

1%

2%

3%

4%

5%

6%

1 2 3 4 5 6 7 8

co

nvers

ion

rate

number of touches

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

12 11 10 9 8 7 6 5 4 3 2 1

perc

en

t o

f to

uch

es f

or

that

len

gth

touch (1 is last, 2 is 2nd to last...)

SEO

SEM Brand

Display

eMail

SEM Non-Brand

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Making the connection

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Challenge

• A retailer’s paid search non-brand keywords

had low ROI by last-click attribution

• They considered cutting spend 50%

Results

• Attribution modeling showed that the

keywords assisted many conversions and

had good ROI

• They maintained spend and achieved their

revenue and ROI goals

Results: non-brand keyword performance in paid search

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Results: travel & recreation display ad view-through value

Challenge

• A multi-brand recreational activities company

couldn’t understand display ad ROI

• Last-click said they assisted 1% of sales

• View-through said 20% of sales

Results

• Attribution modeling showed that display ads

contributed 9% of sales

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Results: banking display ad view-through value

Challenge

• A national retail bank was told that their

display ads contributed to 80% of

conversions

Results

• Attribution modeling showed that display

ads accounted for 35% of new account

approvals

• That was used to optimize the bank’s $8m

display ad budget

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• Accurately measure ad value in multi-touch

conversions

• Increase overall digital marketing ROI

• Gain conversion funnel insights

Getting Started

• Align metrics and conversion types across

channels

• Add tags to track across channels

• Collect cookie-level impression and click

data

Questions?

Conversion attribution modeling

To download a copy of “How CMOs

Can Measure Return on Ad Spend with

Better Modeling and Conversion

Attribution,” visit www.icrossing.com

or email us at [email protected]

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Thank You

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