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The State of Marketing Measurement,
Attribution and Data Management
1
Today’s Speakers
Clark Boyd
Research Lead
Sam Carter
CEO
About Fospha….
We’re expanding rapidly, with an international client base:
2
Partnerships with:
And many more…
We are a part of…..
Blenheim Chalcot is the UK’s leading digital venture builder with
portfolio sales of over £400 million, over 3,000 employees and a
successful track record of over 40 companies.
And many more…
3
Today’s Agenda
• About Fospha
• About the Report
• Scope and Methodology
• Key Findings
• The data challenge today
• More technology often means more complexity
• The business impact of poor consumer understanding
• How businesses are approaching this challenge today
• The data maturity model
• The Fospha solution
• Key Takeaways and Tips
• Q&A
3
4
The data opportunity keeps growing
But are businesses any closer to grasping it? Or, are they struggling to keep pace?
5
6
About the Report
7
About the Report
• Survey of over 300 marketers to understand their data and
technology challenges as they try to extract insights about
their audience.
• Key questions included:
○ How much of your company’s consumer data do you
believe is processed and analyzed, with the aim of
improving marketing performance?
○ Do you use marketing attribution on your digital
advertising campaigns?
○ Do you believe that the data from your marketing
intelligence platform is impartial?
• The core purpose of the report is to uncover the challenges
brands face today in taking control of their own data to make
better marketing decisions.
• Free to download from ClickZ.com
8
Key Findings
9
10
The Data Challenge Today
“Our data is directionally correct, but I don’t believe
it is as accurate as it could be.”
- Survey respondent, The State of Marketing
Measurement, Attribution and Data
Management
12
How much of your company’s consumer data do you believe is processed
and analyzed, with the aim of improving marketing performance?
13
What are the biggest obstacles to more effective usage of
marketing intelligence technology at your organization?
● The most common obstacle to more effective use
of marketing intelligence technology is data
complexity. Marketers struggle to make sense of
their data, which is precisely where their tech
partners should be creating clarity.
● Next is “Difficulty proving the ROI of attribution”,
which is a long-held challenge but one that can -
and should - be resolved today.
● Further challenges include “Lack of budget” and
“Difficulty defining the consumer journey.” In a
true and effective partnership, the right vendor
can help overcome all of these obstacles.
14
Do you use marketing attribution on your digital advertising campaigns?
Only 28% of brands have attribution set up on all digital advertising campaigns.
15
How would you rate your organization’s current understanding
of data-driven attribution?
16
More Technology Can Create More
Complexity
● “Most technologies have one or two brilliant core
functionalities, but the rest is there to dress up the
package as something more robust than it actually is.”
- Survey respondent, The State of Marketing
Measurement, Attribution and Data
Management
18
How effective is your company’s use of third-party data to develop an understanding of
your consumers?
19
Do you use a shared metric across departments (such as Customer Lifetime
Value) to measure the effectiveness of marketing campaigns?
Just 17.5% of brands are using a shared metric across departments today.
20
The Business Impact of Ineffective
Consumer Understanding
Most common concern about a company’s use of data:
Incomplete data sets.
(ClickZ survey: The State of Marketing Measurement, Attribution and Data Management)
22
Please agree or disagree with the following statement:
Insights from our marketing intelligence platform directly inform our digital strategy.
23
How has attribution technology affected your marketing spend across the following
channels?
24
How Businesses Are Approaching
This Challenge Today
“Google has too much control over our data.”
- Survey respondent, The State of Marketing
Measurement, Attribution and Data Management
26
Ecommerce Brands Are Keen on Amazon
Ads
Investment is notable, but not enough to alter the landscape completely - yet.
27
Do you believe that the data from your marketing
intelligence platform is impartial?
The one feature marketers wish their technology had:
Easier access to actionable insights.
(ClickZ survey: The State of Marketing Measurement, Attribution and Data Management)
29
What do you look for when assessing marketing intelligence vendors?
(Please select up to three.)
30
The Data Maturity Model
32
The Fospha Solution
Why is Measurement So Hard?
Because of the complexity of the new customer journey*
*actual Fospha customer journey observed.
£
Facebook
£ PPC
Acquisition
Retention
Display
Affiliate
33
Direct
PPC
PPC
Direct
Direct
Phone
The Enemy: Data Siloes
For most businesses, they see that journey like this:
…with siloes of data everywhere.
PPC
Facebook
Direct
£
Acquisition
£
Retention
Affiliate
34
PPC
PPC
Direct
Direct
Display Phone
The Enemy: Data Siloes
Managed by siloed teams…
…communicating with the customer from all angles.
Affiliates Team Sales Team CRM Team
PPC
Facebook
SEO
Direct
Phone Email
Instagram
Digital Marketing Team
Display
Affiliate
Brand Team
35
Using siloed measurement…
The Enemy: Data Siloes
…with all teams claiming credit for the same conversions.
Affiliates
Report
Google
AdWords
CRMFacebook
Google
Analytics
Email
Automation
PPC Facebook SEO
Direct
Phone Email
Display Instagram
£
Acquisition & Retention
Affiliate
36
What if…
You knew the revenue contribution of every
action customers made on their journey to
conversion ?
37
Capture
Leveraging 20 years of experience in data engineering focused on multi-channel customer intelligence,
Fospha are able to capture and stitch unique, cross-channel, cross-device interactions for each
individual user that arrives on your platform. We then blend online journeys with offline conversions to
create an advanced deterministic identity graph… living within your very own Customer Data
Platform.38
Step 1: Collect data and stitch customer journeys
Analyse
Our machine learning engines compute the fractional contribution of every customer interaction,
delivering the data-driven value of each marketing touchpoint. This gives you the confidence to
eliminate wasted spend, identify investment opportunities and re-allocate budget… empowered by
the data and AI-driven tools required to measure and improve ROI
£100
Paid Search
£37.50
SEO
£12.25
Facebook
£21.76
Direct
£9.14
Display
£19.35
39
Step 2: Analyse the data to understand the role everything plays
Multi-Touch Attribution
Multi-Touch Attribution (MTA)…
…is the practice of considering all digital
interactions, impressions and clicks
when attempting to calculate the impact
of your media performance.
• MTA allows marketers to identify where
touchpoints have been under or
over-valued by single touchpoint
attribution model, accurately assigning
credit.
• The Fospha platform stitches together
complex, cross-device, cross-channel
customer journeys so that an advanced
MTA model can be run to analyze this
data.
Data Driven Attribution (DDA)…
…refers to Fospha’s algorithmic approach
which utilizes machine-learning to accurately
calculate the fractional credit of each
interaction.
• Fospha’s DDA modelling differs to rules-based
attribution models in the following ways:
o Values every touchpoint based its
contribution to a conversion, across all
channels and devices.
o The model runs off a company’s historical
customer data (both online and offline),
along with cost and revenue data, creating
a single customer view.
Common Challenges we Solve…
“How do I reduce my
CPA?”
“What role does
social play in my
conversions?”
“What is my
customer LTV, how
do I reallocate budget
to increase it?”
“Can you show me
which parts of my
spend are playing no
role in any sales?”
“I need to shorten my
sales cycles, how
should I change my
mix to do this?”
“We are planning to
increase digital budget
this year, where should
I put it?”
“Am I over
weighting
affiliates?”
“How can I be more
targeted with my email
campaigns/increase
CTR etc.?”
“I lose track of my
customers when they
move from one
device to another –
can you help me?”
“Where am I
double paying for
customers, how
do I avoid that?”
“Where am I wasting
spend within Paid
Search?”
“Which key words
are driving the
biggest impact,
which ones play
no role at all?”
41
42
Key Takeaways
43
1.
44
2.
45
3.
46
4.
47
Q&A
The State of Marketing Measurement,
Attribution and Data Management
13th December, 2018
Thank you for joining us!
49

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The state of marketing measurement, attribution and data management

  • 1. The State of Marketing Measurement, Attribution and Data Management
  • 3. About Fospha…. We’re expanding rapidly, with an international client base: 2 Partnerships with: And many more… We are a part of….. Blenheim Chalcot is the UK’s leading digital venture builder with portfolio sales of over £400 million, over 3,000 employees and a successful track record of over 40 companies. And many more…
  • 4. 3 Today’s Agenda • About Fospha • About the Report • Scope and Methodology • Key Findings • The data challenge today • More technology often means more complexity • The business impact of poor consumer understanding • How businesses are approaching this challenge today • The data maturity model • The Fospha solution • Key Takeaways and Tips • Q&A 3
  • 5. 4 The data opportunity keeps growing But are businesses any closer to grasping it? Or, are they struggling to keep pace?
  • 6. 5
  • 8. 7 About the Report • Survey of over 300 marketers to understand their data and technology challenges as they try to extract insights about their audience. • Key questions included: ○ How much of your company’s consumer data do you believe is processed and analyzed, with the aim of improving marketing performance? ○ Do you use marketing attribution on your digital advertising campaigns? ○ Do you believe that the data from your marketing intelligence platform is impartial? • The core purpose of the report is to uncover the challenges brands face today in taking control of their own data to make better marketing decisions. • Free to download from ClickZ.com
  • 10. 9
  • 12. “Our data is directionally correct, but I don’t believe it is as accurate as it could be.” - Survey respondent, The State of Marketing Measurement, Attribution and Data Management
  • 13. 12 How much of your company’s consumer data do you believe is processed and analyzed, with the aim of improving marketing performance?
  • 14. 13 What are the biggest obstacles to more effective usage of marketing intelligence technology at your organization? ● The most common obstacle to more effective use of marketing intelligence technology is data complexity. Marketers struggle to make sense of their data, which is precisely where their tech partners should be creating clarity. ● Next is “Difficulty proving the ROI of attribution”, which is a long-held challenge but one that can - and should - be resolved today. ● Further challenges include “Lack of budget” and “Difficulty defining the consumer journey.” In a true and effective partnership, the right vendor can help overcome all of these obstacles.
  • 15. 14 Do you use marketing attribution on your digital advertising campaigns? Only 28% of brands have attribution set up on all digital advertising campaigns.
  • 16. 15 How would you rate your organization’s current understanding of data-driven attribution?
  • 17. 16 More Technology Can Create More Complexity
  • 18. ● “Most technologies have one or two brilliant core functionalities, but the rest is there to dress up the package as something more robust than it actually is.” - Survey respondent, The State of Marketing Measurement, Attribution and Data Management
  • 19. 18 How effective is your company’s use of third-party data to develop an understanding of your consumers?
  • 20. 19 Do you use a shared metric across departments (such as Customer Lifetime Value) to measure the effectiveness of marketing campaigns? Just 17.5% of brands are using a shared metric across departments today.
  • 21. 20 The Business Impact of Ineffective Consumer Understanding
  • 22. Most common concern about a company’s use of data: Incomplete data sets. (ClickZ survey: The State of Marketing Measurement, Attribution and Data Management)
  • 23. 22 Please agree or disagree with the following statement: Insights from our marketing intelligence platform directly inform our digital strategy.
  • 24. 23 How has attribution technology affected your marketing spend across the following channels?
  • 25. 24 How Businesses Are Approaching This Challenge Today
  • 26. “Google has too much control over our data.” - Survey respondent, The State of Marketing Measurement, Attribution and Data Management
  • 27. 26 Ecommerce Brands Are Keen on Amazon Ads Investment is notable, but not enough to alter the landscape completely - yet.
  • 28. 27 Do you believe that the data from your marketing intelligence platform is impartial?
  • 29. The one feature marketers wish their technology had: Easier access to actionable insights. (ClickZ survey: The State of Marketing Measurement, Attribution and Data Management)
  • 30. 29 What do you look for when assessing marketing intelligence vendors? (Please select up to three.)
  • 32.
  • 34. Why is Measurement So Hard? Because of the complexity of the new customer journey* *actual Fospha customer journey observed. £ Facebook £ PPC Acquisition Retention Display Affiliate 33 Direct PPC PPC Direct Direct Phone
  • 35. The Enemy: Data Siloes For most businesses, they see that journey like this: …with siloes of data everywhere. PPC Facebook Direct £ Acquisition £ Retention Affiliate 34 PPC PPC Direct Direct Display Phone
  • 36. The Enemy: Data Siloes Managed by siloed teams… …communicating with the customer from all angles. Affiliates Team Sales Team CRM Team PPC Facebook SEO Direct Phone Email Instagram Digital Marketing Team Display Affiliate Brand Team 35
  • 37. Using siloed measurement… The Enemy: Data Siloes …with all teams claiming credit for the same conversions. Affiliates Report Google AdWords CRMFacebook Google Analytics Email Automation PPC Facebook SEO Direct Phone Email Display Instagram £ Acquisition & Retention Affiliate 36
  • 38. What if… You knew the revenue contribution of every action customers made on their journey to conversion ? 37
  • 39. Capture Leveraging 20 years of experience in data engineering focused on multi-channel customer intelligence, Fospha are able to capture and stitch unique, cross-channel, cross-device interactions for each individual user that arrives on your platform. We then blend online journeys with offline conversions to create an advanced deterministic identity graph… living within your very own Customer Data Platform.38 Step 1: Collect data and stitch customer journeys
  • 40. Analyse Our machine learning engines compute the fractional contribution of every customer interaction, delivering the data-driven value of each marketing touchpoint. This gives you the confidence to eliminate wasted spend, identify investment opportunities and re-allocate budget… empowered by the data and AI-driven tools required to measure and improve ROI £100 Paid Search £37.50 SEO £12.25 Facebook £21.76 Direct £9.14 Display £19.35 39 Step 2: Analyse the data to understand the role everything plays
  • 41. Multi-Touch Attribution Multi-Touch Attribution (MTA)… …is the practice of considering all digital interactions, impressions and clicks when attempting to calculate the impact of your media performance. • MTA allows marketers to identify where touchpoints have been under or over-valued by single touchpoint attribution model, accurately assigning credit. • The Fospha platform stitches together complex, cross-device, cross-channel customer journeys so that an advanced MTA model can be run to analyze this data. Data Driven Attribution (DDA)… …refers to Fospha’s algorithmic approach which utilizes machine-learning to accurately calculate the fractional credit of each interaction. • Fospha’s DDA modelling differs to rules-based attribution models in the following ways: o Values every touchpoint based its contribution to a conversion, across all channels and devices. o The model runs off a company’s historical customer data (both online and offline), along with cost and revenue data, creating a single customer view.
  • 42. Common Challenges we Solve… “How do I reduce my CPA?” “What role does social play in my conversions?” “What is my customer LTV, how do I reallocate budget to increase it?” “Can you show me which parts of my spend are playing no role in any sales?” “I need to shorten my sales cycles, how should I change my mix to do this?” “We are planning to increase digital budget this year, where should I put it?” “Am I over weighting affiliates?” “How can I be more targeted with my email campaigns/increase CTR etc.?” “I lose track of my customers when they move from one device to another – can you help me?” “Where am I double paying for customers, how do I avoid that?” “Where am I wasting spend within Paid Search?” “Which key words are driving the biggest impact, which ones play no role at all?” 41
  • 44. 43 1.
  • 45. 44 2.
  • 46. 45 3.
  • 47. 46 4.
  • 49. The State of Marketing Measurement, Attribution and Data Management 13th December, 2018
  • 50. Thank you for joining us! 49