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A Successful Custom Attribution Model By Mariia Bocheva, OWOX BI

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A Successful Custom

Attribution ModelBy Mariia Bocheva, OWOX BI

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Ever Felt This Way?

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Why do We Need Attribution?

A typical customer purchase journey

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What Attribution Model do You Use?

1. Position based (Last Click)

2. Probabilistic

3. Custom

4. Assisted conversions

5. Several attribution models at the same time

6. etc.

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Last Click is Medieval

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Visitors

behavior

Analytics

services

Ideal Sales Funnel

Online

Campaigns

Advertising

costs

Sales &

Customers

CRM, ERP

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Real Sales Funnel

Online

CampaignsSales &

Customers

CRM, ERP

Offline

Campaigns

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Problem

Marketing always means large business investments that influence brand

awareness and revenues.

10%Of orders get lost

on the way to GA

50%Of orders and more, are not considered when

evaluating advertising efficiency in multi-channel

companies

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Problem

82%Of orders are

made after 2+

visits

83%Of sessions don’t

get evaluated when

using Last-Click

2+Devices are

used on a way to

a purchase

Position based attribution models don’t consider the influence of each

session on a customer’s way to a purchase.

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Taking it to Another Level

1. How would online advertising ROI change if you consider offline

orders?

2. How does online advertising affect orders placed in a call center?

3. How much of the advertising budget was spent to acquire a

particular customer?

4. Which keywords drive the most profitable orders?

5. What keywords drive revenue in the brick-and-mortar stores?

6. What share of offline orders was influenced by online

advertising?

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About

1. Omnichannel hypermarket retailer of furniture & household items

2. 25 stores in 11 cities

3. 17+ M unique users

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Business Objective

Improve online advertising ROI

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Analytical Objective

1. Collect necessary data

2. Evaluate the revenue driven by each keyword

3. Automate bid management for PPC advertising

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Anna’s Journey

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Nick’s Journey

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Nick Continues his Shopping

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Data flow

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Attribution Logic

1. Determine the channel that introduced customer

to the brand

2. Determine the channel that converted customer

(Last Click)

3. First session gets 20% of the credit

4. Last session – 30%

5. Everything else – 50%

6. Consider pageviews during the session and

hours to purchase

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Results

1. 2.4 times more keywords

2. PPC advertising ROI +17%

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Take Aways1. Bring data together

2. Experiment – find patterns and connections

3. Apply ideas

4. Measure the impact

5. Rinse, repeat

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owox.com/c/emetrics2017

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