attribution models: the secret ways guests discover your hotel

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The Secret Ways Guests Discover Your Hotel

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Page 1: Attribution Models: The secret ways guests discover your hotel

The Secret Ways Guests Discover Your Hotel

ATTRIBUTION

MODELS

Page 2: Attribution Models: The secret ways guests discover your hotel

As digital marketing grows more sophisticated, Attribution Models have

come up over and over again.

Page 3: Attribution Models: The secret ways guests discover your hotel

Attribution Models allow you to see:

hotel guests are booking online.

When

Where

How

Page 4: Attribution Models: The secret ways guests discover your hotel

When you understand your online conversions, you can make better

decisions when allocating budgets or simple going through a report.

Page 5: Attribution Models: The secret ways guests discover your hotel

However.. .

Page 6: Attribution Models: The secret ways guests discover your hotel

Attribution is tricky. In a world where every user

interacts with brands on dozens of channels, it

becomes very difficult to assign the correct value to

each channel.

Page 7: Attribution Models: The secret ways guests discover your hotel

We'll try to clarity some of the concepts behind successful attribution models, and go through a few reasons some are better

than others.

Page 8: Attribution Models: The secret ways guests discover your hotel

WHAT IS AN

ATTRIBUTION

MODEL?

Page 9: Attribution Models: The secret ways guests discover your hotel

A t t h e m o s t b a s i c l e v e l :

An attribution model is a set of

rules that determines how

credit for a conversion is

assigned to a touchpoint on a

conversion path.

Page 10: Attribution Models: The secret ways guests discover your hotel

T O U C H P O I N T =

A point of contact or

interaction in the user

journey.

For example, Paid

Search becomes a

touchpoint when a user

clicks one of your ads.

Page 11: Attribution Models: The secret ways guests discover your hotel

T H E M O S T P O P U L A R

A T T R I B U T I O N M O D E L I S . . .

Page 12: Attribution Models: The secret ways guests discover your hotel

T h i s m o d e l a t t r i b u t e s

t o t h e l a s t i n t e r a c t i o n b e f o r e t h e c o n v e r s i o n .

  LA S T C L I CK MODEL

1 0 0 % O F C O N V E R S I O N S

Page 13: Attribution Models: The secret ways guests discover your hotel

P R O S C O N S

I t ' s t h e s i m p l e s t

m o d e l , a n d g i v e s

s o m e w h a t a c c u r a t e

r e s u l t s .

I t d o e s n ' t c o n s i d e r t h e

e f f e c t o f a s s i s t e d

c o n v e r s i o n s

I t o v e r s i m p l i f i e s b y

g i v i n g a l l i m p o r t a n c e

o n l y t o t h e l a s t

i n t e r a c t i o n

Page 14: Attribution Models: The secret ways guests discover your hotel

A S S I S T E D C O N V E R S I O N =

A user has perhaps seen your

listing on Trivago, visited your site

a few times, compared prices on

different channels, and a few days

later clicked one of your

remarketing ads to finally book.

Page 15: Attribution Models: The secret ways guests discover your hotel

Which stage of that interaction is

most important?

In a Last Click model, only the

remarketing ad counts.

Page 16: Attribution Models: The secret ways guests discover your hotel

HERE 'S ANOTHER TYPE

OF ATTRIBUTION

MODEL . . .

Page 17: Attribution Models: The secret ways guests discover your hotel

T h i s m o d e l a t t r i b u t e s

t o t h e   f i r s t i n t e r a c t i o n t h e u s e r h a s w i t h y o u .

  F I R S T

I N T ERACT ION   MODEL

1 0 0 % O F C O N V E R S I O N S

Page 18: Attribution Models: The secret ways guests discover your hotel

First Interaction models only

consider the channel that brought

the user into the funnel.

Any other interactions that might

have assisted in the booking get no

credit.

Page 19: Attribution Models: The secret ways guests discover your hotel

L i n e a r

T i m e D e c a y

P o s i t i o n B a s e d

L a s t N o n - D i r e c t C l i c k

L a s t A d W o r d s c l i c k

P e r s o n a l i z e d

MODEL S BE TWEEN THESE

EX TREMES

Do some research on each model to find

which most accurately reflects the reality of

the journey your hotel's guests take to

book.

Page 20: Attribution Models: The secret ways guests discover your hotel

UNDERSTANDING THE USER

JOURNEY ISN'T THE PURPOSE

OF AN ATTRIBUTION MODEL.

Attribution models only attribute

conversion value based on a set of rules.

Instead, try to select a model that reflects

the reality of the user journey.

Page 21: Attribution Models: The secret ways guests discover your hotel

MULTI-CHANNEL

ATTRIBUTION :

THE USER JOURNEY

RABBIT HOLE

Page 22: Attribution Models: The secret ways guests discover your hotel

THE USER JOURNEY IS MORE

THAN WHAT THEY DO ON YOUR

WEBSITE.

Think of the user journey as a quest.

For example, a quest to find the perfect hotel!

Page 23: Attribution Models: The secret ways guests discover your hotel

Here's a sample user journey:

Page 24: Attribution Models: The secret ways guests discover your hotel

Each step involves a different channel:

Page 25: Attribution Models: The secret ways guests discover your hotel

The complexity and survival rate can

feel l ike Game of Thrones.

And, l ike Game of Thrones, anyone can

'drop off' from the funnel at any

minute.. .

Page 26: Attribution Models: The secret ways guests discover your hotel

It can feel l ike a desperate quest to

survive the time and cognitive distance

required to get from “I want a vacation”

to “I’m ready to book.”

So it’s important to try to understand

the nuances involved, and how to

interpret them.

Page 27: Attribution Models: The secret ways guests discover your hotel

DISCOVERING

YOUR HOTEL 'S

USER JOURNEY

Page 28: Attribution Models: The secret ways guests discover your hotel

YOU MAY HAVE SOME

QUESTIONS .

Page 29: Attribution Models: The secret ways guests discover your hotel

How do you find out which

channels are involved in your

user journey?

How long is your user journey?

Page 30: Attribution Models: The secret ways guests discover your hotel

THE ANSWER IS IN

YOUR GOOGLE

ANALYTICS ACCOUNT .

Page 31: Attribution Models: The secret ways guests discover your hotel

Click on "Multi-Channel

Funnels" in your

Analytics' left hand

menu.

Page 32: Attribution Models: The secret ways guests discover your hotel

In the Overview section, you'll be able to see how

many conversions involved more than 1 channel*

and how they overlap:

*The data here is based on which attribution model you have set for

your account, so data may be skewed

Page 33: Attribution Models: The secret ways guests discover your hotel

The Path Length report shows you how many

interactions users had with different channels

before converting:

Page 34: Attribution Models: The secret ways guests discover your hotel

Finally, the Top Conversion Paths report shows the most common channel combinations that

resulted in a booking.

Page 35: Attribution Models: The secret ways guests discover your hotel

T O P C O N V E R S I O N P A T H S A R E A G O O D W A Y T O

G A U G E I F Y O U R S T R A T E G Y F O R

C H A N N E L M A N A G E M E N T W O R K S F O R Y O U R H O T E L .

Page 36: Attribution Models: The secret ways guests discover your hotel

IN CONCLUSION . . .

USER JOURNEYS

ARE COMPLICATED .

Page 37: Attribution Models: The secret ways guests discover your hotel

H o w e v e r , t a k i n g t h e t i m e t o u n d e r s t a n d a t t r i b u t i o n m o d e l s o p e n s a w i n d o w t o y o u r g u e s t s ' w o r l d v i e w s .

T h e m o r e y o u u n d e r s t a n d t h e m , t h e b e t t e r y o u c a n

s e r v e t h e m .

Page 38: Attribution Models: The secret ways guests discover your hotel

A T N E T A F F I N I T Y , W E ' R E E X P E R T S I N H O T E L

T E C H N O L O G Y A N D C O N V E R S I O N R A T E G R O W T H F O R

H O T E L S . I F Y O U ' V E G O T Q U E S T I O N S , E M A I L U S A T

S A L E S @ N E T A F F I N I T Y . C O M

THANK YOU !