This document discusses attribution modeling and how attribution matters for marketing. It explains that accurate attribution is important for measuring results, understanding what is driving conversions, diagnosing issues, and deciding where to focus time and money. The document outlines several common attribution allocation models like last click, first click, linear, and time decay models. It also provides examples of how attribution differs depending on factors like marketing channels, conversion paths, and how customized models can be useful. Overall, the document emphasizes that understanding attribution is key for optimizing performance and having a strategic versus opinion-based approach to marketing.
4. Discussion points
Define measurement of results
Accuracy and reliance (creates leverage)
Accounting vs. Attribution
Purpose of attribution (repeatable patterns)
Full context of attribution (strategic vs. philosophical)
Diagnosis of specific issues
Where to spend time / money (+/-)
8. Last click
Last ad click
Cross device
Last ad click
Cross device
Phone
calls
Off-line
Last ad click
Cross device
Phone
calls
$1,000
$2,000
AttributedRevenues
$1.00
Max cost per click
based on 10% cost of
revenue target;
1% conversion rate
$2.00
$1.75
$1.55
$1.35
MaxCPC
Google
Analytics
Google AdWords
(all-conversions)
It Matters More Than You Think!
14. Last Click
A Complicated Conversion PathDirect response companies
Want to know what ‘closes’ the sale
15. Last Non-direct Click
A Complicated Conversion PathSimilar to last click: If many users return directly to your site for the
conversion; this measures the last actual channel/click for the close.
16. First Interaction
A Complicated Conversion PathWhich source is generating new prospects
Useful to determine where to spend more time with
branding efforts
17. Linear
A Complicated Conversion PathLong sales cycles; what is pushing the user forward?
Before removing a channel; see if it’s contributing.
18. Time Decay
Understanding what channel closes in a long sales cycle.
Focused on direct response; but users are visiting multiple times.
21. Custom Models
You can customize models in many
platforms.
● If average clicks to conversions
<4.5; use default position
● If average clicks to conversions
>5; use custom percentages
SUGGESTIONS
23. Overlap:
● Make sure the channels use
similar assets / messaging
No overlap:
● Can use different messages /
themes per channel
Do Conversions
Overlap Channels?
24. With A Little Lag Time...
A Complicated Conversion PathIt might just be a waste of time outside of basic audiences/remarketing
26. CPA/ROAS Bidding = Attribution Bidding
A Complicated Conversion Path
If you’re using automated bidding with an attribution model for counting
conversions; the automated bid system will take that data into account.