Connecting the Dots Between Online Media and Offline Purchases
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Transcript of Connecting the Dots Between Online Media and Offline Purchases
Exploring the Business Value of Cross-Channel Attribution and Optimization
August 26, 2013
for
Connecting the Dots Between Online Media and Offline Purchases
Casey CareyCMO
@caseycarey
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today’s
AGENDA
The Challenge
The Solution
Case Study
Q & A
@caseycarey#iMediaSummit
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And Now a Word from Our Sponsor
•What we do…We power more intelligent marketing
•How we do it…By providing advanced marketing attribution and optimization solutions
•Our customers…For 70+ brands and their agency partners primarily in the auto, telecom, technology, travel & leisure, FSI, and retail verticals
•You should care because…Remarkable results – on average 20-40% improvement in marketing ROI
@caseycarey#iMediaSummit
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“SOME THINGS I KNOW AND SOME THINGS I DON’T”
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to succeed, modern marketers must increasingly…
become data-driven,
but there is a data deluge.
understand the customer journey,
but it is becoming more
complex.
be multi-channel in our
approach,
but we organize and measure in
silos.
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…understanding the true connection between marketing and results.
The business challenge…
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How Does This Sequence of Events…
Impact This?@caseycarey#iMediaSummit
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Attribution Model• Rules-based (event or fractional)
• Click-based• Digital-centric
Conversion Events• Online only
Actionability• Inconsistent metrics• Measures “What happened?”
Today’s Approach Has Limitations
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Data-driven, probabilistic model
Leverages user-level interactions including impressions
Full-funnel view of media performance
Includes both online and offline conversion events
Advanced Attribution Provides Greater Clarity Into Performance
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Simple v. Advanced Marketing Attribution
Simple
Advanced
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Connecting Offline Conversions
to Online Media
CRM, POS, and Call-
Center Data
Offline to Online Match
Advanced Attribution
Optimization
@caseycarey#iMediaSummit
$
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Case Study – Big Box Specialty Retailer
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Case Study - Quick Facts
•Large Specialty Retailer• 2000+ stores• North America
•Digital Marketing Channels• Display • Organic Search• Paid Search• Email • Direct navigation• Social
•Offline Marketing• 4 page FSIs• In-store promos and events
•Analysis Timing• April 7 – May 4, 2013
•Online Conversion Events• Email sign-up• Coupon download/print• Store locator• Gift card purchase• Appointments
•Offline POS Data• Loyalty card• Credit-card look-up
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Overall Attribution Results – 24% of 9.3MM Attributed to Online Media
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Offline Attribution Results – 8.5% Attributed to Online Media
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Channel Performance
•Conversion to Cost Index
•Display – 1.1
•PPC – 0.07
•Email – ???
Shift Budget from PPC to Display
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Display Geo Performance
Conversion to Cost IndexSFO – 0.51
NYC – 0.55
LA – 0.81
CHI – 1.18
ATL – 1.19
DC – 1.30
Re-Balance Display by Geo
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Paid Search Performance
Conversion to Cost IndexBrand – 2.35
General – 2.16
Category 1– 0.73
Category 2 – 0.20
Category 3 – 0.90
Adjust Bid Strategy Based on #s
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Display Lift Analysis
Display LiftOrganic Search – 23.3%
Paid Search – 23.3%
Email – 46.1%
Offline Sales– Assisted Channel: Paid Search
Offline Sales – Assisted Channel: Email Click
Offline Sales – Assisted Channel: Organic Search
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Funnel Stage AnalysisChannel
Site
Adjust Creative Based on Site
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Key Takeaways
•Adapt KPIs to purchase paths• Each vehicle has a unique role • Optimal use of each vehicle may require a
rethinking of metrics
•Leverage advanced attribution data in regular reporting/analysis• Attribution data can eventually replace
much reporting, but will always add insight into existing data sources
@caseycarey#iMediaSummit