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AIM 2010 Where to Leads Come From Multi-Channel Attribution Gary Angel
What is Attribution Attribution is a process for assigning/crediting a lead or a conversion to a specific set of marketing activities and touchpoints.
Easy or Hard? Sometimes it’s easy: Sometimes it’s not: We got 1,500 calls. Saw TV Visited Web Searched Visited Web Called
It’s Getting Harder The number and diversity of marketing channels is growing making attribution even harder.
Why it Matters Fights over attribution are sometimes perceived as being largely political: My TV ads drove 5 million in business My PPC campaign drove 2.5 million in business How come we only had 6 million in sales? My Display Campaign drove 1 million in business
Why it Matters But you can’t optimize your overall Media Mix or your individual channel strategy unless you understand how each marketing channel works and how the overall program works together.
Why it Matters For Instance: If Natural Search attracts early-stage buyers, it may seem to perform worse than Paid Search even though it drives more new customers. If Paid Search is heavily dependent on branded traffic, it may only perform well in conjunction with Mass Media buys. If Display creates awareness but doesn’t drive direct traffic it may only work in conjunction with heavy search buys.
Common Methods of Attribution Last (Most Recent): The last known campaign touchpoint gets the credit for a conversion. First (Original): The earliest known campaign touchpoint gets the credit. Equal: Credit is divided equally between all known touchpoints. All: Full credit is given to every touchpoint. Spoken: Credit is given to the touchpoint identified by the customer.
Last (Most Recent) The more your lead/sales environment is multi-touch – the less well this method works. In this example, 35% of the visitors who clicked on a paid brand term had already clicked on another paid term in the SAME session!
First (Original) Especially problematic with longer sales-cycles. For this logged-in site, 33% of the people who registered used a different cookie IN THE SAME MONTH. More than 50% used a different cookie within 3 months.
Equal (Shares Credit) Doesn’t really help with Marketing Mix calculations.
All (Every Touchpoint full Credit) Doesn’t really help with Marketing Mix calculations. ,[object Object],[object Object]
Proper Attribution
Aggressive Collection
Web Analytics Techniques ,[object Object]
Code all URLs with Params
Don’t neglect URL Shorteners
Standardize campaign coding and enforce.,[object Object]
Internal
External
This method will allow separate attribution studies to be made of internal vs. external without one type screening off the others.,[object Object]
Use a cookie to store all campaign values recorded for a visitor
Pass to a variable in your web analytics solution
Omniture has a plug-in for this,[object Object]
We suggest the following attribution strategies:
Campaign = 45 days
Internal Campaign = visit
Redundant Campaign 1= Visit
Redundant Campaign 2= 7 Days,[object Object]
Use a cookie to track the visit number of each visitor to your web properties
Record the Visit Number in a web analytics variable
Omniture has a plug-in for this,[object Object]
Time-stamp key events in custom variables
The timestamp should include at least the full date (YYYYMMDD form)
Key events to timestamp include external campaign arrival, lead and conversion
Timestamps are used in segmentation to study attribution and before/after key event behavior.,[object Object]
Record the Lead Id in your web analytics solution

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Multi-Channel Attribution - Where do Leads Come From?

  • 1. AIM 2010 Where to Leads Come From Multi-Channel Attribution Gary Angel
  • 2. What is Attribution Attribution is a process for assigning/crediting a lead or a conversion to a specific set of marketing activities and touchpoints.
  • 3. Easy or Hard? Sometimes it’s easy: Sometimes it’s not: We got 1,500 calls. Saw TV Visited Web Searched Visited Web Called
  • 4. It’s Getting Harder The number and diversity of marketing channels is growing making attribution even harder.
  • 5. Why it Matters Fights over attribution are sometimes perceived as being largely political: My TV ads drove 5 million in business My PPC campaign drove 2.5 million in business How come we only had 6 million in sales? My Display Campaign drove 1 million in business
  • 6. Why it Matters But you can’t optimize your overall Media Mix or your individual channel strategy unless you understand how each marketing channel works and how the overall program works together.
  • 7. Why it Matters For Instance: If Natural Search attracts early-stage buyers, it may seem to perform worse than Paid Search even though it drives more new customers. If Paid Search is heavily dependent on branded traffic, it may only perform well in conjunction with Mass Media buys. If Display creates awareness but doesn’t drive direct traffic it may only work in conjunction with heavy search buys.
  • 8. Common Methods of Attribution Last (Most Recent): The last known campaign touchpoint gets the credit for a conversion. First (Original): The earliest known campaign touchpoint gets the credit. Equal: Credit is divided equally between all known touchpoints. All: Full credit is given to every touchpoint. Spoken: Credit is given to the touchpoint identified by the customer.
  • 9. Last (Most Recent) The more your lead/sales environment is multi-touch – the less well this method works. In this example, 35% of the visitors who clicked on a paid brand term had already clicked on another paid term in the SAME session!
  • 10. First (Original) Especially problematic with longer sales-cycles. For this logged-in site, 33% of the people who registered used a different cookie IN THE SAME MONTH. More than 50% used a different cookie within 3 months.
  • 11. Equal (Shares Credit) Doesn’t really help with Marketing Mix calculations.
  • 12.
  • 15.
  • 16. Code all URLs with Params
  • 17. Don’t neglect URL Shorteners
  • 18.
  • 21.
  • 22. Use a cookie to store all campaign values recorded for a visitor
  • 23. Pass to a variable in your web analytics solution
  • 24.
  • 25. We suggest the following attribution strategies:
  • 29.
  • 30. Use a cookie to track the visit number of each visitor to your web properties
  • 31. Record the Visit Number in a web analytics variable
  • 32.
  • 33. Time-stamp key events in custom variables
  • 34. The timestamp should include at least the full date (YYYYMMDD form)
  • 35. Key events to timestamp include external campaign arrival, lead and conversion
  • 36.
  • 37. Record the Lead Id in your web analytics solution
  • 38. Where possible (Omniture, Unica, Core), update this value with actual lead-status
  • 39.
  • 43.
  • 44.
  • 45.
  • 46.
  • 47. Key Take-Aways Aggressively Code Sourcing Multiple #800s and Campaign-Specific #800s Multiple Asks Reward Asks Code Campaigns Everywhere
  • 48. Key Take-Aways Over-Time Tracking Campaign Stacking Universal Sourcing Time Encoding Global Rollups Shared Cookies
  • 49. Key Take-Aways Analyze Carefully Segment by Attribution and Life-stage type Look at attribution beyond just marketing campaigns (existing customers/visitors) Use Dark-Periods to Baseline and Tune Media Mix Use Correlation Models to track marketing impacts vs. econometric variables
  • 50. I’m Out! Gary Angel President, Semphonic 415 884-2511 gangel@semphonic.com http://semphonic.blogs.com/semangel/ http://www.semphonic.com @garyangel on Twitter