SlideShare une entreprise Scribd logo
1  sur  9
Copyr ight © 2013, SAS Institute Inc. All rights reser ved.
INVESTING IN THE RIGHT DIGITAL CHANNELS
Jan-Herm Maarleveld, Account Executive
Erwin Huizenga, Consultant Customer Intelligence
Version 1.0
September 2015
“How to get started with multi-touch attribution modeling in the travel industry and generate a higher ROI”
Copyr ight © 2013, SAS Institute Inc. All rights reser ved.
A MARKETER'S
CHALLENGE
“WE WANT VALUE-FOR-MONEY FROM OUR DIGITAL MARKETING
CAMPAIGNS.”
• Step 1 – What is my optimal media mix (budget allocation)?
• TV
• Radio
• Print
• Digital
• Step 2 – Which (combination of) digital channels provide me the
optimum conversion in a customer journey?
• Organic search (Search Engine Optimization)
• Paid Search (Search Engine Advertising)
• Affiliate network
• Social media
• Email
• Display Advertising (app, websites etc.)
Copyr ight © 2013, SAS Institute Inc. All rights reser ved.
ATTRIBUTION
MODELS
COMMONLY USED FOR DIGITAL MARKETING
• Media Mix modeling
• Budget allocation at highest level.
• Commonly used attribution models in “Digital”
• First Touch
• Last Touch
• Linear
• Position-based (40-20-40)
• Time Decay
• Pros & Cons of these commonly used models.
• “Having one attribution model is better than having no attribution model at all.”
• Assumption-Driven vs. Data-Driven.
• Easily implemented and applied.
• Predefined attribution models are easy to use (…but that may lead you to predefined
conclusions).
• Applicable for simple attribution paths (…but when you have a greater number of channels,
the more robust attribution model you need).
Copyr ight © 2013, SAS Institute Inc. All rights reser ved.
MULTI-TOUCH
ATTRIBUTION
WHAT IS IT? AND HOW DOES IT WORK?
• What is it?
• “Multi-touch attribution is a data-driven method that enables organizations to determine the relative value of each impression or
click during the customer journey.”
• How does it work?
• A statistical analysis of historical customer data (e.g. touch point sequence, conversion rate, revenue, margin) provides input for
creating a statistical model.
• This model generates different “contribution factors” for the touchpoints, depending on their frequency and position in the
customer journey.
• The contribution factor determines the share of revenue allocated to that particular touch point.
Contribution factor Web App Mail Social
Position 1 0.25 0.00 0.45 0.15
Position 2 0,60 0.75 0.00 0.00
Position 3 0.30 0.00 0.25 0.00
Position 4 0.00 0.00 0.00 0.30
Allocation per journey Web App Mail Social Revenue
Customer Journey 1 0.25 0.00 0.45 0.15 € 925,00
Customer Journey 2 0,60 0.75 0.00 0.00 € 0,00
Customer Journey 3 0.30 0.00 0.25 0.00 € 450,00
Customer Journey 4 0.00 0.00 0.00 0.30 € 350,00
Sequence Web App Mail Social Revenue
Customer Journey 1 1 2 3 4 € 925,00
Customer Journey 2 1 2 - - € 0,00
Customer Journey 3 2 - 3 1 € 450,00
Customer Journey 4 3 2 - 1 € 350,00
Copyr ight © 2013, SAS Institute Inc. All rights reser ved.
MULTI-TOUCH
ATTRIBUTION
ESTIMATE THE REAL EFFECT OF EACH TOUCHPOINT YOUR CUSTOMERS
JOURNEY
Organic
Search
Affiliate Social Media Purchase
61% 29% 10%
Example of 1-1 Customer Journey
€379
Copyr ight © 2013, SAS Institute Inc. All rights reser ved.
MULTI-TOUCH
ATTRIBUTION
HOW TO GET STARTED
Collect & prepare
(new) data
Make data-driven
‘maps’ of customer
journeys
Build your analytical
model on data:
sequences, touch
points, contribution,
weights etc.
Apply your model to
new purchases
Create a dashboard
with the results
1
2
34
5
Copyr ight © 2013, SAS Institute Inc. All rights reser ved.
6 KEY POINTS OF MULTI-TOUCH ATTRIBUTION MODELING
Travel organizations can now take fact-based decisions about
their digital marketing budget allocation, through
data-driven analysis and modeling of (historical and current) customer journeys, that
provide insights about touchpoints’ actual influence on conversion and contribution, to
generate the highest Return-on-Investment (ROI).
fact-based decisions
digital marketing
budget allocation
data-driven
analysis
and modeling
actual influence on
conversion and contribution
customer journeys
Return-on-Investment
Copyr ight © 2013, SAS Institute Inc. All rights reser ved.
LEARN MORE ? PLEASE CONTACT US AT…
• SAS Institute Netherlands
• http://www.sas.com/nl_nl
• Jan-Herm Maarleveld
• Phone: +31(0)35 – 699 69 00
• E-mail: jan-herm.maarleveld@sas.com
• Erwin Huizinga
• Phone: +31(0)35 – 699 69 00
• E-mail: erwin.huizinga@sas.com
• Crystalloids
• http://www.crystalloids.com/
• Marcel van der Marck
• P: +31(0)20 – 888 4849
• E: m.vandermarck@crystalloids.com
Copyr ight © 2013, SAS Institute Inc. All rights reser ved.
sas.com

Contenu connexe

Tendances

LSS: Omni-channel Challenge
LSS: Omni-channel ChallengeLSS: Omni-channel Challenge
LSS: Omni-channel ChallengeRio SEO
 
Market To An Audience of One - Real-time context makes individualized marketi...
Market To An Audience of One - Real-time context makes individualized marketi...Market To An Audience of One - Real-time context makes individualized marketi...
Market To An Audience of One - Real-time context makes individualized marketi...SAP Customer Experience
 
Multi-Channel Attribution: Measure Online Marketing ROI - Marketing Automatio...
Multi-Channel Attribution: Measure Online Marketing ROI - Marketing Automatio...Multi-Channel Attribution: Measure Online Marketing ROI - Marketing Automatio...
Multi-Channel Attribution: Measure Online Marketing ROI - Marketing Automatio...Universem
 
Keynote presentation Dreamforce to You, Copenhagen, 11th of November 2015
Keynote presentation Dreamforce to You, Copenhagen, 11th of November 2015Keynote presentation Dreamforce to You, Copenhagen, 11th of November 2015
Keynote presentation Dreamforce to You, Copenhagen, 11th of November 2015Salesforce_Nordics
 
Keynote presentation Dreamforce to You, Stockholm, 10th of November 2015
Keynote presentation Dreamforce to You, Stockholm, 10th of November 2015Keynote presentation Dreamforce to You, Stockholm, 10th of November 2015
Keynote presentation Dreamforce to You, Stockholm, 10th of November 2015Salesforce_Nordics
 
Xurtle Surveys
Xurtle SurveysXurtle Surveys
Xurtle Surveysxurtle
 
Building A Better Mousetrap, While Avoiding Getting Trapped
Building A Better Mousetrap, While Avoiding Getting TrappedBuilding A Better Mousetrap, While Avoiding Getting Trapped
Building A Better Mousetrap, While Avoiding Getting TrappedMediaPost
 
Optimizing Distribution Channels for Independent Hotels
Optimizing Distribution Channels for Independent HotelsOptimizing Distribution Channels for Independent Hotels
Optimizing Distribution Channels for Independent HotelsNancy Huang
 
East African Business Summit - business model session
East African Business Summit - business model sessionEast African Business Summit - business model session
East African Business Summit - business model sessionAlexander Osterwalder
 
Plumb5 for Advertisers
Plumb5 for AdvertisersPlumb5 for Advertisers
Plumb5 for AdvertisersVeer Endra
 
Hotel Distribution: Trends, Evolution & Balance
Hotel Distribution: Trends, Evolution & BalanceHotel Distribution: Trends, Evolution & Balance
Hotel Distribution: Trends, Evolution & BalanceGeetika Bahri Jain
 
Keynote: It's More About Customers and Less About Channels
Keynote: It's More About Customers and Less About ChannelsKeynote: It's More About Customers and Less About Channels
Keynote: It's More About Customers and Less About ChannelsMediaPost
 
Multi Channel Attribution - Driving Marketing Spend Planning In The Big Data Age
Multi Channel Attribution - Driving Marketing Spend Planning In The Big Data AgeMulti Channel Attribution - Driving Marketing Spend Planning In The Big Data Age
Multi Channel Attribution - Driving Marketing Spend Planning In The Big Data AgeAbsolutdata Analytics
 
2015 Top digital Marketing Trends and Strategies for the Hospitality Industry
2015 Top digital Marketing Trends and Strategies for the Hospitality Industry2015 Top digital Marketing Trends and Strategies for the Hospitality Industry
2015 Top digital Marketing Trends and Strategies for the Hospitality IndustryMilestone Internet Marketing
 
2016 Place Conf: Elements of a Successful Beacon Marketing Program
2016 Place Conf: Elements of a Successful Beacon Marketing Program2016 Place Conf: Elements of a Successful Beacon Marketing Program
2016 Place Conf: Elements of a Successful Beacon Marketing ProgramLocalogy
 
Unbreak the Fragmentation: The hotelier movement toward the single screen
Unbreak the Fragmentation: The hotelier movement toward the single screenUnbreak the Fragmentation: The hotelier movement toward the single screen
Unbreak the Fragmentation: The hotelier movement toward the single screenSiteMinder
 
The power shift in travel: How hotels can get back on top with their online d...
The power shift in travel: How hotels can get back on top with their online d...The power shift in travel: How hotels can get back on top with their online d...
The power shift in travel: How hotels can get back on top with their online d...SiteMinder
 
Argyle CMO Forum: Rethinking Personalization with SAP Hybris
Argyle CMO Forum: Rethinking Personalization with SAP HybrisArgyle CMO Forum: Rethinking Personalization with SAP Hybris
Argyle CMO Forum: Rethinking Personalization with SAP HybrisSAP Customer Experience
 

Tendances (20)

LSS: Omni-channel Challenge
LSS: Omni-channel ChallengeLSS: Omni-channel Challenge
LSS: Omni-channel Challenge
 
Market To An Audience of One - Real-time context makes individualized marketi...
Market To An Audience of One - Real-time context makes individualized marketi...Market To An Audience of One - Real-time context makes individualized marketi...
Market To An Audience of One - Real-time context makes individualized marketi...
 
Multi-Channel Attribution: Measure Online Marketing ROI - Marketing Automatio...
Multi-Channel Attribution: Measure Online Marketing ROI - Marketing Automatio...Multi-Channel Attribution: Measure Online Marketing ROI - Marketing Automatio...
Multi-Channel Attribution: Measure Online Marketing ROI - Marketing Automatio...
 
Keynote presentation Dreamforce to You, Copenhagen, 11th of November 2015
Keynote presentation Dreamforce to You, Copenhagen, 11th of November 2015Keynote presentation Dreamforce to You, Copenhagen, 11th of November 2015
Keynote presentation Dreamforce to You, Copenhagen, 11th of November 2015
 
Keynote presentation Dreamforce to You, Stockholm, 10th of November 2015
Keynote presentation Dreamforce to You, Stockholm, 10th of November 2015Keynote presentation Dreamforce to You, Stockholm, 10th of November 2015
Keynote presentation Dreamforce to You, Stockholm, 10th of November 2015
 
Xurtle Surveys
Xurtle SurveysXurtle Surveys
Xurtle Surveys
 
Building A Better Mousetrap, While Avoiding Getting Trapped
Building A Better Mousetrap, While Avoiding Getting TrappedBuilding A Better Mousetrap, While Avoiding Getting Trapped
Building A Better Mousetrap, While Avoiding Getting Trapped
 
Optimizing Distribution Channels for Independent Hotels
Optimizing Distribution Channels for Independent HotelsOptimizing Distribution Channels for Independent Hotels
Optimizing Distribution Channels for Independent Hotels
 
08 digitaalisuus ja analytiikan hyödyntäminen liiketoiminnassa - tommy nyho...
08 digitaalisuus ja analytiikan hyödyntäminen liiketoiminnassa - tommy nyho...08 digitaalisuus ja analytiikan hyödyntäminen liiketoiminnassa - tommy nyho...
08 digitaalisuus ja analytiikan hyödyntäminen liiketoiminnassa - tommy nyho...
 
East African Business Summit - business model session
East African Business Summit - business model sessionEast African Business Summit - business model session
East African Business Summit - business model session
 
Plumb5 for Advertisers
Plumb5 for AdvertisersPlumb5 for Advertisers
Plumb5 for Advertisers
 
Hotel Distribution: Trends, Evolution & Balance
Hotel Distribution: Trends, Evolution & BalanceHotel Distribution: Trends, Evolution & Balance
Hotel Distribution: Trends, Evolution & Balance
 
Keynote: It's More About Customers and Less About Channels
Keynote: It's More About Customers and Less About ChannelsKeynote: It's More About Customers and Less About Channels
Keynote: It's More About Customers and Less About Channels
 
Multi Channel Attribution - Driving Marketing Spend Planning In The Big Data Age
Multi Channel Attribution - Driving Marketing Spend Planning In The Big Data AgeMulti Channel Attribution - Driving Marketing Spend Planning In The Big Data Age
Multi Channel Attribution - Driving Marketing Spend Planning In The Big Data Age
 
2015 Top digital Marketing Trends and Strategies for the Hospitality Industry
2015 Top digital Marketing Trends and Strategies for the Hospitality Industry2015 Top digital Marketing Trends and Strategies for the Hospitality Industry
2015 Top digital Marketing Trends and Strategies for the Hospitality Industry
 
2016 Place Conf: Elements of a Successful Beacon Marketing Program
2016 Place Conf: Elements of a Successful Beacon Marketing Program2016 Place Conf: Elements of a Successful Beacon Marketing Program
2016 Place Conf: Elements of a Successful Beacon Marketing Program
 
Unbreak the Fragmentation: The hotelier movement toward the single screen
Unbreak the Fragmentation: The hotelier movement toward the single screenUnbreak the Fragmentation: The hotelier movement toward the single screen
Unbreak the Fragmentation: The hotelier movement toward the single screen
 
The power shift in travel: How hotels can get back on top with their online d...
The power shift in travel: How hotels can get back on top with their online d...The power shift in travel: How hotels can get back on top with their online d...
The power shift in travel: How hotels can get back on top with their online d...
 
Argyle CMO Forum: Rethinking Personalization with SAP Hybris
Argyle CMO Forum: Rethinking Personalization with SAP HybrisArgyle CMO Forum: Rethinking Personalization with SAP Hybris
Argyle CMO Forum: Rethinking Personalization with SAP Hybris
 
Product Summary
Product SummaryProduct Summary
Product Summary
 

Similaire à Investing in the right digital channels

Attribution Modelling or Customer 360⁰ view engineering: Which comes first & ...
Attribution Modelling or Customer 360⁰ view engineering: Which comes first & ...Attribution Modelling or Customer 360⁰ view engineering: Which comes first & ...
Attribution Modelling or Customer 360⁰ view engineering: Which comes first & ...Digital Science Consulting Ltd
 
Corporate Overview
Corporate OverviewCorporate Overview
Corporate Overview360-Bytes
 
Daily bus app - Concept Presentation
Daily bus app - Concept PresentationDaily bus app - Concept Presentation
Daily bus app - Concept PresentationIlan Dahan
 
What is multi-touchpoint attribution.pptx
What is multi-touchpoint attribution.pptxWhat is multi-touchpoint attribution.pptx
What is multi-touchpoint attribution.pptxVirtueAnalyticsSEO
 
Optimizing the Mobile Experience
Optimizing the Mobile ExperienceOptimizing the Mobile Experience
Optimizing the Mobile ExperienceMobtimizers
 
Digital Engagement With Sitecore
Digital Engagement With SitecoreDigital Engagement With Sitecore
Digital Engagement With SitecoreSagittarius
 
How Start-up’s Can Grow Online
How Start-up’s Can Grow OnlineHow Start-up’s Can Grow Online
How Start-up’s Can Grow OnlineDushyant Verma
 
Business Analytics Intro Talk at Sabanci University
Business Analytics Intro Talk at Sabanci UniversityBusiness Analytics Intro Talk at Sabanci University
Business Analytics Intro Talk at Sabanci UniversityOmer Nadirler
 
Interglob eairlinecustomervaluewhitepapermarch2013
Interglob eairlinecustomervaluewhitepapermarch2013Interglob eairlinecustomervaluewhitepapermarch2013
Interglob eairlinecustomervaluewhitepapermarch2013Naveen Vb
 
Marketing Cloud
Marketing CloudMarketing Cloud
Marketing CloudOorjit
 
proposal.compressed
proposal.compressedproposal.compressed
proposal.compressedMike Gachui
 
Digital Cusp - Anatomy
Digital Cusp - AnatomyDigital Cusp - Anatomy
Digital Cusp - AnatomyMartin Pippin
 
Digital analytics lecture4
Digital analytics lecture4Digital analytics lecture4
Digital analytics lecture4Joni Salminen
 

Similaire à Investing in the right digital channels (20)

SAP Hybris Marketing - Cosmin Costea
SAP Hybris Marketing - Cosmin CosteaSAP Hybris Marketing - Cosmin Costea
SAP Hybris Marketing - Cosmin Costea
 
Tieto award entry final
Tieto award entry  finalTieto award entry  final
Tieto award entry final
 
Sf mma forum keynote
Sf mma forum keynoteSf mma forum keynote
Sf mma forum keynote
 
Attribution Modelling or Customer 360⁰ view engineering: Which comes first & ...
Attribution Modelling or Customer 360⁰ view engineering: Which comes first & ...Attribution Modelling or Customer 360⁰ view engineering: Which comes first & ...
Attribution Modelling or Customer 360⁰ view engineering: Which comes first & ...
 
Corporate Overview
Corporate OverviewCorporate Overview
Corporate Overview
 
Daily bus app - Concept Presentation
Daily bus app - Concept PresentationDaily bus app - Concept Presentation
Daily bus app - Concept Presentation
 
What is multi-touchpoint attribution.pptx
What is multi-touchpoint attribution.pptxWhat is multi-touchpoint attribution.pptx
What is multi-touchpoint attribution.pptx
 
Optimizing the Mobile Experience
Optimizing the Mobile ExperienceOptimizing the Mobile Experience
Optimizing the Mobile Experience
 
Digital Engagement With Sitecore
Digital Engagement With SitecoreDigital Engagement With Sitecore
Digital Engagement With Sitecore
 
OPTIMOVE.pptx
OPTIMOVE.pptxOPTIMOVE.pptx
OPTIMOVE.pptx
 
How Start-up’s Can Grow Online
How Start-up’s Can Grow OnlineHow Start-up’s Can Grow Online
How Start-up’s Can Grow Online
 
Business Analytics Intro Talk at Sabanci University
Business Analytics Intro Talk at Sabanci UniversityBusiness Analytics Intro Talk at Sabanci University
Business Analytics Intro Talk at Sabanci University
 
Digital marketing Servcies
Digital marketing ServciesDigital marketing Servcies
Digital marketing Servcies
 
Interglob eairlinecustomervaluewhitepapermarch2013
Interglob eairlinecustomervaluewhitepapermarch2013Interglob eairlinecustomervaluewhitepapermarch2013
Interglob eairlinecustomervaluewhitepapermarch2013
 
Marketing Cloud
Marketing CloudMarketing Cloud
Marketing Cloud
 
Aumark Marketing Automation
Aumark Marketing AutomationAumark Marketing Automation
Aumark Marketing Automation
 
digital_marketing_center
digital_marketing_centerdigital_marketing_center
digital_marketing_center
 
proposal.compressed
proposal.compressedproposal.compressed
proposal.compressed
 
Digital Cusp - Anatomy
Digital Cusp - AnatomyDigital Cusp - Anatomy
Digital Cusp - Anatomy
 
Digital analytics lecture4
Digital analytics lecture4Digital analytics lecture4
Digital analytics lecture4
 

Dernier

Call Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCRCall Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCRSapana Sha
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa
 
Local SEO Domination: Put your business at the forefront of local searches!
Local SEO Domination:  Put your business at the forefront of local searches!Local SEO Domination:  Put your business at the forefront of local searches!
Local SEO Domination: Put your business at the forefront of local searches!dstvtechnician
 
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBalmerLawrie
 
Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15
Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15
Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15SearchNorwich
 
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessBrighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessVarn
 
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service OnlineCALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Onlineanilsa9823
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...aditipandeya
 
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort ServiceEnjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort ServiceDelhi Call girls
 
Labour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptxLabour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptxelizabethella096
 
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort ServiceDelhi Call girls
 
Brand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdfBrand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdftbatkhuu1
 
April 2024 - VBOUT Partners Meeting Group
April 2024 - VBOUT Partners Meeting GroupApril 2024 - VBOUT Partners Meeting Group
April 2024 - VBOUT Partners Meeting GroupVbout.com
 
How to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessHow to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessAggregage
 
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...Benjamin Szturmaj
 
Defining Marketing for the 21st Century,kotler
Defining Marketing for the 21st Century,kotlerDefining Marketing for the 21st Century,kotler
Defining Marketing for the 21st Century,kotlerAmirNasiruog
 
Marketing Management Presentation Final.pptx
Marketing Management Presentation Final.pptxMarketing Management Presentation Final.pptx
Marketing Management Presentation Final.pptxabhishekshetti14
 

Dernier (20)

Call Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCRCall Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCR
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdf
 
Local SEO Domination: Put your business at the forefront of local searches!
Local SEO Domination:  Put your business at the forefront of local searches!Local SEO Domination:  Put your business at the forefront of local searches!
Local SEO Domination: Put your business at the forefront of local searches!
 
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
 
Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
 
Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15
Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15
Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15
 
BUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAIL
BUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAILBUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAIL
BUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAIL
 
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessBrighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
 
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service OnlineCALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
 
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort ServiceEnjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
 
Labour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptxLabour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptx
 
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
 
Brand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdfBrand experience Peoria City Soccer Presentation.pdf
Brand experience Peoria City Soccer Presentation.pdf
 
April 2024 - VBOUT Partners Meeting Group
April 2024 - VBOUT Partners Meeting GroupApril 2024 - VBOUT Partners Meeting Group
April 2024 - VBOUT Partners Meeting Group
 
How to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail SuccessHow to Leverage Behavioral Science Insights for Direct Mail Success
How to Leverage Behavioral Science Insights for Direct Mail Success
 
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
 
Defining Marketing for the 21st Century,kotler
Defining Marketing for the 21st Century,kotlerDefining Marketing for the 21st Century,kotler
Defining Marketing for the 21st Century,kotler
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting GroupSEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
 
Marketing Management Presentation Final.pptx
Marketing Management Presentation Final.pptxMarketing Management Presentation Final.pptx
Marketing Management Presentation Final.pptx
 

Investing in the right digital channels

  • 1. Copyr ight © 2013, SAS Institute Inc. All rights reser ved. INVESTING IN THE RIGHT DIGITAL CHANNELS Jan-Herm Maarleveld, Account Executive Erwin Huizenga, Consultant Customer Intelligence Version 1.0 September 2015 “How to get started with multi-touch attribution modeling in the travel industry and generate a higher ROI”
  • 2. Copyr ight © 2013, SAS Institute Inc. All rights reser ved. A MARKETER'S CHALLENGE “WE WANT VALUE-FOR-MONEY FROM OUR DIGITAL MARKETING CAMPAIGNS.” • Step 1 – What is my optimal media mix (budget allocation)? • TV • Radio • Print • Digital • Step 2 – Which (combination of) digital channels provide me the optimum conversion in a customer journey? • Organic search (Search Engine Optimization) • Paid Search (Search Engine Advertising) • Affiliate network • Social media • Email • Display Advertising (app, websites etc.)
  • 3. Copyr ight © 2013, SAS Institute Inc. All rights reser ved. ATTRIBUTION MODELS COMMONLY USED FOR DIGITAL MARKETING • Media Mix modeling • Budget allocation at highest level. • Commonly used attribution models in “Digital” • First Touch • Last Touch • Linear • Position-based (40-20-40) • Time Decay • Pros & Cons of these commonly used models. • “Having one attribution model is better than having no attribution model at all.” • Assumption-Driven vs. Data-Driven. • Easily implemented and applied. • Predefined attribution models are easy to use (…but that may lead you to predefined conclusions). • Applicable for simple attribution paths (…but when you have a greater number of channels, the more robust attribution model you need).
  • 4. Copyr ight © 2013, SAS Institute Inc. All rights reser ved. MULTI-TOUCH ATTRIBUTION WHAT IS IT? AND HOW DOES IT WORK? • What is it? • “Multi-touch attribution is a data-driven method that enables organizations to determine the relative value of each impression or click during the customer journey.” • How does it work? • A statistical analysis of historical customer data (e.g. touch point sequence, conversion rate, revenue, margin) provides input for creating a statistical model. • This model generates different “contribution factors” for the touchpoints, depending on their frequency and position in the customer journey. • The contribution factor determines the share of revenue allocated to that particular touch point. Contribution factor Web App Mail Social Position 1 0.25 0.00 0.45 0.15 Position 2 0,60 0.75 0.00 0.00 Position 3 0.30 0.00 0.25 0.00 Position 4 0.00 0.00 0.00 0.30 Allocation per journey Web App Mail Social Revenue Customer Journey 1 0.25 0.00 0.45 0.15 € 925,00 Customer Journey 2 0,60 0.75 0.00 0.00 € 0,00 Customer Journey 3 0.30 0.00 0.25 0.00 € 450,00 Customer Journey 4 0.00 0.00 0.00 0.30 € 350,00 Sequence Web App Mail Social Revenue Customer Journey 1 1 2 3 4 € 925,00 Customer Journey 2 1 2 - - € 0,00 Customer Journey 3 2 - 3 1 € 450,00 Customer Journey 4 3 2 - 1 € 350,00
  • 5. Copyr ight © 2013, SAS Institute Inc. All rights reser ved. MULTI-TOUCH ATTRIBUTION ESTIMATE THE REAL EFFECT OF EACH TOUCHPOINT YOUR CUSTOMERS JOURNEY Organic Search Affiliate Social Media Purchase 61% 29% 10% Example of 1-1 Customer Journey €379
  • 6. Copyr ight © 2013, SAS Institute Inc. All rights reser ved. MULTI-TOUCH ATTRIBUTION HOW TO GET STARTED Collect & prepare (new) data Make data-driven ‘maps’ of customer journeys Build your analytical model on data: sequences, touch points, contribution, weights etc. Apply your model to new purchases Create a dashboard with the results 1 2 34 5
  • 7. Copyr ight © 2013, SAS Institute Inc. All rights reser ved. 6 KEY POINTS OF MULTI-TOUCH ATTRIBUTION MODELING Travel organizations can now take fact-based decisions about their digital marketing budget allocation, through data-driven analysis and modeling of (historical and current) customer journeys, that provide insights about touchpoints’ actual influence on conversion and contribution, to generate the highest Return-on-Investment (ROI). fact-based decisions digital marketing budget allocation data-driven analysis and modeling actual influence on conversion and contribution customer journeys Return-on-Investment
  • 8. Copyr ight © 2013, SAS Institute Inc. All rights reser ved. LEARN MORE ? PLEASE CONTACT US AT… • SAS Institute Netherlands • http://www.sas.com/nl_nl • Jan-Herm Maarleveld • Phone: +31(0)35 – 699 69 00 • E-mail: jan-herm.maarleveld@sas.com • Erwin Huizinga • Phone: +31(0)35 – 699 69 00 • E-mail: erwin.huizinga@sas.com • Crystalloids • http://www.crystalloids.com/ • Marcel van der Marck • P: +31(0)20 – 888 4849 • E: m.vandermarck@crystalloids.com
  • 9. Copyr ight © 2013, SAS Institute Inc. All rights reser ved. sas.com

Notes de l'éditeur

  1. Updated: December 2012