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INSIGHTS IDEAS RESULTS Attribution-Enabled Pay-for- Performance: A Success Story Woody Meachum, Group Director of Digital Strategy, OMD Manu Mathew, Co-Founder & CEO, Visual IQ

Attribution-Enabled Pay-for-Performance: A Success Story

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Attribution-Enabled Pay-for-Performance: A Success Story. Woody Meachum, Group Director of Digital Strategy, OMD Manu Mathew, Co-Founder & CEO, Visual IQ. Enter Our Drawing – Lobster Clambake for Two. Situation. Financial services brand M ultiple online/offline channels - PowerPoint PPT Presentation

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Page 1: Attribution-Enabled Pay-for-Performance: A Success Story

I N S I G H T S • I D E A S • R E S U LT S

Attribution-Enabled Pay-for-Performance: A Success StoryWoody Meachum, Group Director of Digital Strategy, OMDManu Mathew, Co-Founder & CEO, Visual IQ

Page 2: Attribution-Enabled Pay-for-Performance: A Success Story

Enter Our Drawing – Lobster Clambake for Two

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Page 3: Attribution-Enabled Pay-for-Performance: A Success Story

Situation

• Financial services brand• Multiple online/offline channels• Variety online/offline

conversions• Display for top & bottom of

funnel• Multiple publishers claiming

conversion credit

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Page 4: Attribution-Enabled Pay-for-Performance: A Success Story

Challenges

• 100% of conversion credit given to last action/channel

• Last action-based optimization

• Impossible to quantify top-of-funnel tactic contribution

• Knew measurement was flawed

• Channel spend spread across multiple sources

• Dissatisfied with overall ROI4

Page 5: Attribution-Enabled Pay-for-Performance: A Success Story

Solution

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• Performance-based partnership with 9 key display publishers

• Gave partial credit for top-of-funnel contribution

• Incented publishers to deliver quality inventory

• Compensated publishers accordingly

Page 6: Attribution-Enabled Pay-for-Performance: A Success Story

Implementation

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• Identify data sources for all paid & unpaid media

• Standardize to shared KPIs & costs

• Normalize data sources into shared format

• Configure interface & reports• Review historical data & build

model

Page 7: Attribution-Enabled Pay-for-Performance: A Success Story

Making It Work

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• Convert complex attribution data into simplified output

• Daily & weekly performance reporting & compensation

• Periodic adjustment of model • Change management at

publishers• Change management at

agency• Change management at

brand

Page 8: Attribution-Enabled Pay-for-Performance: A Success Story

Results

• 2012 -- conversions up 18% & CPA down 36%

• 2013 – conversions up another 13.4% & CPA down another 34%

• 2014 (Y-to-D) – conversions up another 9.8% above 2013 & CPA down another 28.1%

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Page 9: Attribution-Enabled Pay-for-Performance: A Success Story

Q&A

• Be sure to drop your business card

[email protected]@OMD.com

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Page 10: Attribution-Enabled Pay-for-Performance: A Success Story

And the Winner IS? Lobster Clambake for Two

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