Measuring ROI and Attribution with Domo€¦ · MEASURING MARKETING ROI AND ATTRIBUTION WITH DOMO...

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MEASURING MARKETING ROI AND ATTRIBUTION WITH DOMO

Tweet #dp17 to win!

Noah Singer @noahlsinger

Rick Tolman @tr1ckdaddy

Product Marketing Manager of Monetization & Measurement

Sr. Director of Global Demand

MODEL BEHAVIORThe Case for People-Based MTA

NOAH SINGER Attribution, Facebook

THE WAY TO DO THIS IS WITH ACCURATE ATTRIBUTION

WHAT IS ATTRIBUTION?

5

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MODEL

The model you combine with the data to understand

which touchpoints get credit

DATA

The data underlying the path to conversion

DATA IS THE FOUNDATION FOR CONSTRUCTING THE PATH TO CONVERSION

THE TYPICAL CUSTOMER PATH TO CONVERSION

Sources: 1. eMarketer US data, April 2015, 2. "Consumer Barometer study," TNS Infratest, June 2015

of people start an activity on one device and finish on another2

of people use three or more devices150% 41%

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Audience Network

Search

Instagram

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Facebook

Conversion

THIS IS THE DATA THAT FACEBOOK ADS REPORTING SEES

Search

Instagram

Display ad

Facebook

Conversion

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Audience Network

Audience Network

THIS IS THE DATA THAT MEASUREMENT TOOLS TYPICALLY SEE

Search

Instagram

Display ad

Facebook

Conversion

Showing you an incomplete view into the effectiveness of your entire media plan

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WHAT YOU REALLY WANT IS A COMPLETE DATA, BUT IT’S HARD TO GET

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

MODELS DETERMINE HOW TO GIVE CREDIT TO MARKETING TOUCHPOINTS

ATTRIBUTION MODELS

Algorithms define the credit allocation

Results are dynamic and learn from historical data

Also referred to as “algorithmic MTA” and “data-driven MTA”

You define “the rule” – How should credit be allocated?

Results are based on your model choice

Models often include:

VSStatistical modelsRule-based models

Last click | Even credit | Time decay | Positional

0%0% 0% 0%

100%

LAST CLICK MODEL GIVES CONVERSION CREDIT TO THE LAST CLICK BEFORE THE CONVERSION

Conversion

Source: Placeholder text. Delete this box if source is not needed.

25%

50%

13%8%4%

TIME DECAY MODEL TOUCHPOINTS CLOSER TO THE CONVERSION RECEIVE MORE CONVERSION CREDIT

Conversion

15%

33%28%

19%5%

STATISTICAL MTA MODEL CONVERSION CREDIT IS ASSIGNED BASED ON ALGORITHMS AND YOUR HISTORICAL AD IMPRESSIONS, CLICKS AND CONVERSIONS

Conversion

HOW DO DIFFERENT MODELS COMPARE?TRIBUTION MODELS HAVE VARYING DEGREES OF ACCURACY

STATISTICAL

RULES-BASED

MULTI-TOUCHSINGLE TOUCH

Time decay

Evencredit

Lasttouch

Lastclick

First touch

Positionalanalysis

STATISTICAL MTA

Calibrated with Lift

Least Most

ACCURACY

StatisticalMTA

Attribution combines the data from all touchpoints with the model you choose to understand the credit

that each tactic deserves

THE TYPICAL CUSTOMER PATH TO CONVERSION

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

DATA: COOKIE-ONLY MODEL: LAST CLICK

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

THIS IS WHAT MEASUREMENT TOOLS TYPICALLY ATTRIBUTE TODAY LAST CLICK MAY APPEAR GOOD IN A WORLD WHERE ONLY 1 OUT OF 5 TOUCHPOINTS ARE SEEN

LAST CLICK MODEL Search gets credit

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

DATA: PEOPLE-BASED MODEL: LAST CLICK

Search

Instagram

Display ad

Facebook

Conversion

LAST CLICK MODEL FB gets credit

Home PC Work PC Home PC

Audience Network

DATA: PEOPLE-BASED MODEL: LAST CLICK

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

DATA: COOKIE-ONLY MODEL: TIME DECAY

MODELS ARE DEPENDENT ON THE DATA

TIME DECAY MODEL Search gets credit

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

DATA: PEOPLE-BASED MODEL: TIME DECAY

Search

Instagram

Display ad

Facebook

Conversion

.05

.05 .5

.3

.1Home PC Work PC Home PC

Audience Network

DATA: PEOPLE-BASED MODEL: TIME DECAY

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

DATA: COOKIE-ONLY MODEL: STATISTICAL MTA

STATISTICAL MODELS CANNOT BETTER TRACK YOUR PATH TO CONVERSION

COOKIE-ONLY MTA Search gets credit

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

DATA: PEOPLE-BASED MODEL: STATISTICAL MTA

PEOPLE-BASED ATTRIBUTION ACCOUNTS FOR THE FULL PATH TO CONVERSION

Search

Instagram

Display ad

Facebook

Conversion

Properly give credit to all ads that deserve credit based on how they drove results

Home PC Work PC Home PC

Audience Network

FACEBOOK’S SUITE OF ATTRIBUTION SOLUTIONS

ATTRIBUTION CHECKUP

LIFT PEOPLE-BASEDMTA

ATTRIBUTION CHECKUP Understand how better data changes attribution

THE TYPICAL CUSTOMER PATH TO CONVERSION

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

THIS IS WHAT MEASUREMENT TOOLS TYPICALLY ATTRIBUTE TODAY

LAST CLICK MODEL Search gets credit

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

THIS IS THE DATA THAT FACEBOOK ADS REPORTING SEES

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

USE ATTRIBUTION CHECKUP TO COMBINE WHAT YOUR MEASUREMENT TOOL SEES WITH WHAT FACEBOOK ADS REPORTING SEES

Search

Instagram

Display ad

Facebook

Conversion

Home PC Work PC Home PC

Audience Network

… to calibrate your attribution model.

Source: Direct response advertiser, analysis of US based Q1 2015 campaign, path-to-purchase analysis comparing advertiser conversion data and Facebook cross-device impression, click and conversion data.*For checkups analyzed to date

150%More conversions are attributable to Facebook when

running attribution checkup*

CONVERSION LIFT Understand how causality (vs. correlation) changes attribution

FACEBOOK CONVERSION LIFTDETERMINE THE ADDITIONAL BUSINESS DRIVEN ONLINE OR OFFLINE FROM PEOPLE REACHED BY FACEBOOK ADS ACROSS DEVICES

Group A Print ads · TV ads · Display ads

Group B Print ads · TV ads · Display ads Facebook ads

20% lift

Data is for illustrative purposes only. Not actual results.

Measure lift in:offline or online

conversions

PEOPLE-BASED MTABring it all together with better data and advanced models

PEOPLE-BASED MTA

*Closed alpha

DATA MODELS

*

PEOPLE-BASED JOURNEY

Understand how current solution

affords for Facebook

Facebook, Visual IQ and/or

MarketShare

RUN LIFT TESTING

RUN ATTRIBUTION CHECKUP

ONBOARD TO PEOPLE-BASED MTA

1 2 3

Run lift tests to better calibrate current method

RUN AN ATTRIBUTION CHECKUP!

Rick TolmanSr. Director of Global Demand

LIVE DEMO

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THANK YOU.

Noah Singer

Rick Tolman

@noahlsinger @tr1ckdaddy

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