practical attribution on a budget by adam proehl
TRANSCRIPT
#SMX #24B @adamproehl
Hacks & Tips for Diving Deeper Than Last Click
Practical Attribution on a Budget
#SMX #24B @adamproehl
§ Digital Marketer since 1998
§ Specialize in Complex & Omni-Channel sales
§ Partner at NordicClick Interactive – a Minneapolis based agency
§ Past Instructor at Online Marketing Institute, University of San Francisco, and Instant Training
§ Hopeless MN sports fan
About Me
#SMX #24B @adamproehl
§ Attribution – A practical approach
§ What you CAN do with what you ALREADY have
§ Testing your way there
§ Lessons learned from an 18 year vet
Topics
#SMX #24B @adamproehl
and I am a recovering last click marketer…
Hi, my name is Adam -
34:1 ROAS! …on branded keyword phrases (for one of the most recognized software products in history)
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GA Today – 7 Default Attribution Models
100% of credit to a single click
First Four
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GA Today – 7 Default Attribution Models
Unearned equality
Increasing Importance
40% First & Last
Last Three
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Attribution – Plethora of Tools & Resources
Not to Mention…. Big Data & Predictive Analytics
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Attribution: What are you REALLY after?
§ What gets credit?
§ How much?
§ Why bother?
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§ Do not track settings
§ Multiple devices
§ Regulatory
Cookies…just not what they used to be
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Attribution Challenges 19% of referral traffic was actually their own sub domains.
MAJOR attribution challenge
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Attribution How To’s § Assigning Credit?
§ What actually does work?
§ How?!?!?!?!?
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Attribution – Simple How To #1: § Custom Audience & Email A/B Testing
Metric20k email list A(Also targeted on facebook)
20k email list B(No additional targeting)
Orders 200 150Revenue 20,000$ 13,500$ AOV 100$ 90$
Difference of $6,500 (= 32.5% of $20k)
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Attribution – Simple How To #2: Marketing 101: Geo Control Tests
§ In Market Audience Display Advertising
§ Offline Advertising
§ Similar Markets
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Attribution – Simple How To #2: Marketing 101: Geo Control Tests
Direct Traffic – Ad period Test Market
Direct Traffic – Ad period Control Market
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Attribution – Brief Word on Testing
§ Perform multiple tests
§ One variable and one only
§ Document & Save
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Attribution – Simple How To #3: Excel Magic
TypeFirst Action Tme Stamp
Order Confirm Time Stamp Time Lag
Last Click Source Action Order ID
QC.View 4/11/2014 22:55 4/12/2014 23:37 1 day 00:41:47 (direct) Purchase+Plus+Order+Confirmation989745QC.View 4/11/2014 23:33 4/12/2014 23:22 23:49:06 google Purchase+Plus+Order+Confirmation989740QC.View 4/8/2014 21:22 4/12/2014 23:08 4 days 01:46:18 google Purchase+Plus+Order+Confirmation989738QC.View 4/10/2014 0:06 4/12/2014 22:31 2 days 22:24:42 (direct) Purchase+Plus+Order+Confirmation989719QC.View 4/1/2014 23:24 4/12/2014 21:44 10 days 22:19:47 (direct) Purchase+Plus+Order+Confirmation989699QC.View 4/12/2014 11:31 4/12/2014 21:17 9:46:07 google Purchase+Plus+Order+Confirmation989680QC.View 4/4/2014 21:06 4/12/2014 21:10 8 days 00:04:35 (direct) Purchase+Plus+Order+Confirmation989675QC.View 4/4/2014 16:28 4/12/2014 20:23 8 days 03:54:25 (direct) Purchase+Plus+Order+Confirmation989659QC.View 3/14/2014 22:22 4/12/2014 19:21 28 days 20:59:04 moreware.se Purchase+Plus+Order+Confirmation989645QC.View 4/11/2014 19:28 4/12/2014 18:55 23:26:57 (direct) Purchase+Plus+Order+Confirmation989632QC.View 3/21/2014 11:34 4/12/2014 18:17 22 days 06:43:40 moreware.se Purchase+Plus+Order+Confirmation989624QC.View 4/12/2014 12:22 4/12/2014 18:03 5:41:32 moreware.se Purchase+Plus+Order+Confirmation989621QC.View 3/23/2014 15:31 4/12/2014 17:18 20 days 01:47:18 (direct) Purchase+Plus+Order+Confirmation989606QC.View 4/5/2014 17:31 4/12/2014 16:38 6 days 23:07:01 (direct) Purchase+Plus+Order+Confirmation989584QC.Click 4/11/2014 20:43 4/12/2014 16:08 19:24:39 (direct) Purchase+Plus+Order+Confirmation989572QC.View 4/12/2014 10:03 4/12/2014 15:51 5:48:50 google Purchase+Plus+Order+Confirmation989558QC.View 4/5/2014 20:29 4/12/2014 15:41 6 days 19:12:58 (direct) Purchase+Plus+Order+Confirmation989547QC.View 4/5/2014 10:35 4/12/2014 15:14 7 days 04:38:22 (direct) Purchase+Plus+Order+Confirmation989531QC.View 3/27/2014 13:45 4/12/2014 15:01 16 days 01:15:53 moreware.se Purchase+Plus+Order+Confirmation989525
Not Foolproof Just Potential Actionable Trends
#SMX #24B @adamproehl
Attribution – Simple How To #4: Email Analysis
§ Email platform data
§ Analytics data
§ Backend data
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Attribution – Simple How to #5
Remember this?
Business Card with Coupon Code
Retail
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Attribution on a Budget – What it means
NOT ABOUT:
§ Canned formula fractions
§ Drowning in data
§ Being perfect or precise
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Attribution on a Budget – What it Really Means
IS ABOUT LEARNING:
§ Your Customer’s Journey
§ How tactics fit together
§ Where to Focus
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Attribution: The “Marketing Fluff” Charge
DOCUMENT:
§ What can be measured
§ “Known Unknowns”
§ Assumptions
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§ Bad Data
§ Assumptions made in a vacuum
§ Trying for Perfection
Attribution: Gotcha’s
It’s a Trap! Image Credit: Starwars.com
#SMX #24B @adamproehl
§ Forget complicated models
§ Start with blank slate – draw the journey
§ A/B test your way to actionable trend data
Takeaways – Attribution on a Budget