Multi Channel Attribution - Moving beyond last click, understanding buyer's journey, understanding traffic channels and their roles in buyer's journey, channel pathing analysis and attribution modeling, data driven attribution modeling.
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Multi channel attribution moving beyond last click
1. M U LT I - C H A N N E L
AT T R I B U T I O N :
M O V I N G B E Y O N D
L A S T C L I C K
Abhishek Dubey, Chief Product Officer & Head of Marketing
2. MULTI-CHANNEL ATTRIBUTION â TOP PRIORITY FOR MARKETERS
ï± Buyerâs marketing touchpoints varies from 3 to 10 depending on the industry and product.
ï± This journey is becoming more complicated with increasing number and diversity of marketing channels and
devices.
Omni Channel Matters â Itâs team work
All channels contribute in pushing the customer towards a decision to make a purchase.
3. MOVE BEYOND LAST CLICK
ï± Each marketing touch point is important in ensuring that a userâs intent converts into a transaction.
ï± Last click hides true impact of each channel involved in a buyerâs booking journey.
ï± Last click attribution is like giving credit of whole team to a single player. Just think of what will happen if the rest
of players didnât play in next match except the one who got credit.
ï± Employ multi-channel attribution to understand the true performance and ROI of each channel.
Remarket
ing
Natural
Search
Direct
Remarket
ing
Remarket
ing
Remarket
ing
Social
Paid
Search
Remarket
ing
Display
Remarket
ing
Natural
Search
Paid Search DirectPaid Search Direct
Natural
Search
Direct
Remarket
ing
4. 1 . U N D E R S T A N D Y O U R B U Y E R â S J O U R N E Y
5. EACH CHANNEL HAS UNIQUE ROLE IN BUYERâS JOURNEY
Awareness
âą Social awareness campaigns
âą OnlineVideo
âą Display campaigns
Consideration
âą Top of funnel Search campaigns
âą Social Deals campaigns
Evaluate
âą Bottom of funnel Search
campaigns
âą Retargeting
âą Triggered Email campaigns
Transaction
âą Brand Search campaigns
âą Direct Traffic
âą Meta Search
ï± Buyers go through multiple stages in their purchase journey starting from becoming aware of need/desire,
considering and evaluating options and making a purchase.
ï± Understanding buyerâs journey is key to effective marketing.
ï± Different channels are effective and valuable at different stages of buyerâs journey.
ï± Channelâs performance and return need to be evaluated in conjunction with the stage of buyerâs journey.
6. 2 . U N D E R S T A N D Y O U R C H A N N E L S
7. REDEFINE YOUR CHANNELS AS PER THE BUYERâS JOURNEY
SEO/SEM
Brand
Search
Non Brand
Search
Top of Funnel
Keywords
Bottom of Funnel
Keywords
Display
Awareness
Campaigns
Retargeting
Campaigns
Social
Awareness
Campaigns
Product/Deal
Campaigns
Affiliates
Meta Search
CPA Affiliates
Email
Deal Campaigns
Triggered
Campaigns
ï± Redefine your channels based on their role in buyerâs
journey
ï± Search campaigns need to be divided into three sets -
ï± During consideration stage user searches for
top of funnel keywords like âbest time to visit
Malaysiaâ
ï± While evaluating options user searches for
bottom of funnel keywords like âMalaysia holiday
packagesâ
ï± During transaction stage user searches using
brand keywords
9. ANALYSE CHANNEL PATHING REPORTS
Analyse the first touch, assisting and last touch
channels through channel pathing report
Gather insights about purchase cycle through
path length reports
Assisted Conversion highlights the impact of assisting
channels in building awareness and consideration.
11. MULTI CHANNEL ATTRIBUTION
ï± Readymade attribution models like Position based andTime Decay credits different touchpoints in the journey
rather than just the last touchpoint.
ï± Time Decay model is my personal favourite among rule based models.
ï± Creating your own custom model is much more difficult, as the channel paths are like a bowl of noodles and
the more you look at them the more confused you become.
0% 0% 100%0%
0% 0% 0%100%
20% 20% 20%20%
10% 10% 40%40%
Last Click
Linear
Position Based
First Click
20% 30% 40%10% Time Decay
12. 5 . A D V A N C E D A T T R I B U T I O N M O D E L S
13. ADVANCED ATTRIBUTION METHODS
Data Driven Attribution
ï± Data driven attribution uses past actual data to create custom model to give credit to marketing
touchpoints.
ï± The model takes into considerations paths that result in conversion and ones that donât.
ï± DDA uses game theory to assign value to each channels and updates on regular interval to use past data.
ï± DDA is available in Google Adwords and Google Analytics 360.
Bayesian and Markov Models
ï± Use in-house statistical modelling to measure the impact of each touch point on final conversion.
ï± Model will set fractional credit to each channel in the path by analysing the probability of conversion with
presence and absence of that channel in the path.
Social Paid Search Remarketing
Social Remarketing
Increased likelihood of purchase 50%
2%
3%
Conversion
14. 7 . A T T R I B U T I O N â T H E D I F F I C U L T P A R T
15. ATTRIBUTION â THE DIFFICULT PART
Attribution fromView through Conversion
ï± 90% of all display conversion take place from âview-throughâ.
ï± Analyse the incremental impact of âview-throughâ from each display channel.
ï± Advance display platforms like Google, Facebook provide view through conversion metric.
ï± Building in the impact of view through conversion in multi channel funnel is the difficult part.
Offline to Online Attribution
ï± Impact of offline channels on online conversion cannot be ignored.
ï± Impact of online channels is easily tracked, while measuring role of offline channels is much more complicated.
ï± Best practise is to analyse incremental impact of each offline campaign on online conversion through secondary tracking
like vanity URLs, specific coupon codes, online surveys, unique calling numbers, and correlation of traffic with campaign
calendar.