last click attribution: getting over it by dave roth
TRANSCRIPT
#SMX #21C @EmergentDigital
Moving Toward a Smarter Model
LAST-CLICK ATTRIBUTION: GETTING OVER IT
#SMX #21C @EmergentDigital
§ Start At The Beginning
§ Baby Steps
§ More Complex Models
§ Stories
What are we talking about?
#SMX #21C @EmergentDigital
Shameless Self-Promotion Slide
Emerging, Digital Media Social Enterprise
NonProfits § Google Ad Grants § Social Fundraising § Education
Mission-‐Driven Companies § Sustainable Energy § Social Change § B-‐Corps
#SMX #21C @EmergentDigital
§ Deep Understanding of the Customer Lifecycle – From Banner to Buy and Beyond
§ Data Analysis & Number Crunching – Solid technology and Math
§ Close the loop – Informing and optimizing the buy
Attribution – Key Ingredients
#SMX #21C @EmergentDigital
Players in the Attribution Space
#SMX #21C @EmergentDigital
§ The Need to Start Somewhere
§ Get Your Ducks in a Row
– Single Source of Truth
– Gather Data
§ Start Building The Narrative
Last Click/Last Touch – Not (quite) as dumb as it looks Image + Bullets Sample Slide:
Click content icons to add images, charts, video, tables, etc… DELETE THIS SLIDE IF YOU DO NOT USE.
*source: blog.datalicious.com
#SMX #21C @EmergentDigital
§ Keys To The Racecar § You’re Not Qualified!
§ Try a rules -‐ based model
– Random or based on frequency
§ Advantage: in real time
§ Doesn’t address issue of causality
Assigning The Credit – You’re Doing it Wrong
Image + Bullets Sample Slide:
Click content icons to add images, charts, video, tables, etc… DELETE THIS SLIDE IF YOU DO NOT USE.
#SMX #21C @EmergentDigital
GA Attribution Choose different models
#SMX #21C @EmergentDigital
§ Lookback window
§ Adjust based on Engagement
§ Add parameters
– Position in Path
– Page Depth
– Placement Type
Google Analytics – Custom Models Image + Bullets Sample Slide:
Click content icons to add images, charts, video, tables, etc… DELETE THIS SLIDE IF YOU DO NOT USE.
#SMX #21C @EmergentDigital
§ If you’re buying lots of Display § Sophisticated Algorithms § 90 days of data § Crunch and move on § Reliant on data quality, reliability § Can be expensive § Not Real-‐time § need to rebuild model when data
changes
Media Mix Models Bullet Point Sample Slide:
DELETE THIS SLIDE IF YOU DO NOT USE.
#SMX #21C @EmergentDigital
§ Cooperative Game Theory
§ Logistic Regression
§ Other Rules -‐ Based § First Interaction
§ Linear
§ Time Decay
§ Position based
Other Models Bullet Point Sample Slide:
DELETE THIS SLIDE IF YOU DO NOT USE.
#SMX #21C @EmergentDigital
Cooperative Game Theory § When players are cooperating
together to create value § Used in medical research and
blackjack § New to digital marketing § Looks at every scenario and
compares the value of the conversion versus a baseline for that period
#SMX #21C @EmergentDigital
§ Executive Sponsor § Open Your Mind § Want To Change § Core Team § Data Sheriff
Engagement of the Corporate Kind
§ Onsite Visits § 1x/month for a year § Stakeholder meetings § Individual and group § BI Dashboards
#SMX #21C @EmergentDigital
§ Promotional Period § 14-day lifecycle § Start with Generic Search § Hit with Remarketing § Targeted Promotion § Increase conversion rate
by 50%
What Success Looks Like
#SMX #21C @EmergentDigital
• Start Small
• Use the Free Stuff
• How Much Display?
• Make The Case
• Data Sheriff
Summary
#SMX #21C @EmergentDigital
Dave Roth, Emergent Digital
THANK YOU!