Marketo-DG2DA
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PART IX: MEASUREMENT<br />
ATTRIBUTION<br />
Often marketers feel that it’s hard to demonstrate the impact that their marketing program has<br />
on revenue—particularly with digital ads. With the right combination of metrics and an<br />
attribution model that makes sense for your business and stakeholders, you will easily be able<br />
to share insights into your various digital advertising programs’ levels of effectiveness.<br />
Attribution models offer marketers a<br />
set of guidelines that help determine<br />
which activities get credit for sales<br />
and conversions. Different models<br />
will impact the valuation of your<br />
marketing activities and channels.<br />
Google offers marketers a<br />
convenient Model Comparison Tool<br />
that allows you to input an example<br />
and view the various results,<br />
illustrating the impact that different<br />
models have on attribution. Let’s<br />
explore the various methods of<br />
program attribution with this<br />
example from Google:<br />
A customer finds your site by<br />
clicking one of your Facebook<br />
display ads. He returns a few days<br />
later by clicking over from Google<br />
Display Ad. Later, he arrives via an<br />
email from a campaign you sent.<br />
And then later that same day he<br />
comes back and makes a purchase<br />
from your website.<br />
Now let’s take a look at how we<br />
can think about measuring<br />
these touches:<br />
First Touch Attribution:<br />
In this model the first<br />
touch-point—in this case<br />
the Facebook display ad—would<br />
receive 100% of the credit for the<br />
sale. This model works best if your<br />
top goal for running ads is to create<br />
initial awareness.<br />
Last Touch Attribution:<br />
In this model the last touchpoint—in<br />
this case the direct<br />
channel (your website)—would<br />
receive 100% of the credit for the<br />
sale. This model works best if your<br />
ads are designed to attract people at<br />
the moment of action (often<br />
purchase), or if your business has a<br />
mostly transactional sales cycle.<br />
Multi Touch Attribution:<br />
In this model every touchpoint<br />
in the conversion<br />
path—in this case, Facebook, Google,<br />
email marketing, and your website—<br />
share equal credit for the sale (25%<br />
each.) This model works best if your<br />
ad campaigns are designed to<br />
maintain interest, awareness, and<br />
contact throughout the sales cycle.<br />
Time Decay<br />
Attribution: In this<br />
model the touch-points<br />
that are closest in time (most<br />
recent) to the sale get more of the<br />
credit. For this example, the direct<br />
and email channels would get the<br />
most credit because the<br />
customer interacted with them<br />
within hours of purchase, and<br />
Facebook and Google would<br />
receive less credit, since the<br />
interaction occurred almost a<br />
week prior. This model works<br />
best if your sales cycle has a very<br />
short consideration phase, or if<br />
you are running short promotion<br />
type campaigns.<br />
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