SlideShare ist ein Scribd-Unternehmen logo
1 von 10
Downloaden Sie, um offline zu lesen
Multi-attribution modeling: A way to enhance your
school’s marketing measurability
Slide 1
Multi-attribution modeling: A way
to enhance your school’s
marketing measurability
Multi-attribution modeling: A way to enhance your
school’s marketing measurability
Slide 2
1) Measurability
2) What is Multi-Attribution?
3) Choosing the Justified Multi-Attribution Tool
4) Top 5 Attribution Tools
Overview
Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
Multi-attribution modeling: A way to enhance your
school’s marketing measurability
Slide 3
 To effectively compete in today's competitive educational
marketplace, colleges and universities must improve on their
marketing strategy and on their commitment to measure
their marketing impact.
 These enhancements in strategy and measurement will produce
changes in the marketing channels used to reach specifically
targeted audience groups (e.g. prospective students, alumni donors,
the local community etc.) based on their intimate understanding of
their marketing channels, tactics and touchpoints.
 “93 to 95% of all touch points are ignored when you attribute
conversions to the last click.”
1. Measurability
Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
Multi-attribution modeling: A way to enhance your
school’s marketing measurability
Slide 4
 As we all know, most of the analytics tools use last click
attribution by default.
 In this case, using last click would result in the review portal getting
full credit for generating a new conversion.
 All of the previous touch points would not be acknowledged as being
a part of the entire process. In contrast, multi-attribution tools track
all the touch points that the prospect was exposed to before the
conversion, and allocate credit among all these nodes accordingly.
 Understanding the role each touch point has can further help you
make vital marketing decisions to manage advertisement budget at a
macro level.
2. What Is Multi-Attribution Modeling?
Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
Multi-attribution modeling: A way to enhance your
school’s marketing measurability
Slide 5
 There are a few different ways to distribute credits when
using a multi-attribution tool. Here are some of the most
used ones:
 Funnel Position: Classify the touch points as Introducers (the
initiator), Influencers (touch points in the middle of the funnel) and
Closers (last known touch point before conversion) and distribute
credit based on organizational preferences.
 Time decay: Assigns the maximum credit to the touch point that
occurred nearest to the time of conversation.
 Algorithmic: Use statistical and predictive models while taking time
decay and a linear model into account.
 Even credit: Simply divide the credit evenly among all known touch
points
2. What Is Multi-Attribution Modeling?
Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
Multi-attribution modeling: A way to enhance your
school’s marketing measurability
Slide 6
 Picking the right tool is perhaps one of the most vital
decisions your college marketing team will make.
 Each tool is unique, they have their own algorithm, but for the sake
of simplicity and effectiveness, here is a comprehensive set of
parameters you should consider while choosing a multi-attribution
solution.
DATA ACCURACY AND INTEGRITY:
 The tool is nothing more than a way to visualize data. Quality data is
persistent and continues to provide insights way beyond its projected
life. In order for any multi-attribution solution to board your college’s
needs, it is essential that it should be able to answer affirmatively to
following questions:
 Does the tool account for cookie deletion and the use of multiple browsers?
 Does the tool retain historical data?
 Can the tool track user interactions across both online and offline
channels?
 Does the tool store data at a granular level (including clicks)?
3. Choosing the Justified Multi-Attribution Tool
Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
Multi-attribution modeling: A way to enhance your
school’s marketing measurability
Slide 7
CUSTOMIZATION AND FLEXIBILITY
 Make sure the tool is flexible enough with well-reasoned and built-in
attribution models that you can easily pick from.
 Also ensure that the tool allows for enough customization to suit your
organization needs and goals.
 Additionally, ask your vendor the following questions to
make sure it’s the right fit:
 Does the tool allow you to easily build custom attribution models?
 Does the tool allow you to use custom cookie windows?
 Does the product allow you to change attribution methodologies?
 Is the tool flexible enough to allow multiple models at the same time?
3. Choosing the Justified Multi-Attribution Tool
Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
Multi-attribution modeling: A way to enhance your
school’s marketing measurability
Slide 8
DEPLOYMENT
 IT resources at most colleges are already tight and don’t
have the flexibility to allocate dedicated resources. In order
to reduce (or avoid) extra overload, the proposed tool should
meet the following criteria:
 The tool should be easy to deploy.
 The tool should play nicely with existing web ecosystem and tag
management solutions.
 The tool should be easy to maintain on an ongoing basis when new
updates are deployed or changes are made for conversion
optimization.
 While choosing the multi-attribution solution, keep in mind that data
quality in particular is vital.
 In order to truly evaluate the performance of your marketing effort,
your tool needs to have a robust tracking mechanism that can
account for all user touch points on- and offline.
3. Choosing the Justified Multi-Attribution Tool
Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
Multi-attribution modeling: A way to enhance your
school’s marketing measurability
Slide 9
 Using a multi-touch attribution model allows your college to track all user touch
points and pull more precise information about user interaction with their brands.
4. Top Five Multi-Attribution Tools
Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
Multi-attribution modeling: A way to enhance your
school’s marketing measurability
Slide 10
Questions?
1.514.312.3968
info@higher-education-marketing.com
Visit our Website: Higher Education Marketing
FOLLOW US ON FACEBOOK
FOLLOW US ON LINKEDIN
FOLLOW US ON TWITTER
FOLLOW US ON PINTEREST
FOLLOW US ON GOOGLE+

Weitere ähnliche Inhalte

Andere mochten auch

Digital marketing landscape - Overview September 2014
Digital marketing landscape - Overview September 2014Digital marketing landscape - Overview September 2014
Digital marketing landscape - Overview September 2014
In Marketing We Trust
 

Andere mochten auch (8)

Digital marketing landscape - Overview September 2014
Digital marketing landscape - Overview September 2014Digital marketing landscape - Overview September 2014
Digital marketing landscape - Overview September 2014
 
Opportunité D'affaire Avec Forever Living Product
Opportunité D'affaire Avec Forever Living ProductOpportunité D'affaire Avec Forever Living Product
Opportunité D'affaire Avec Forever Living Product
 
Présentation d'opportunité d'affaire Forever Living Products
Présentation d'opportunité d'affaire Forever Living ProductsPrésentation d'opportunité d'affaire Forever Living Products
Présentation d'opportunité d'affaire Forever Living Products
 
Attribution Modeling - Case Study
Attribution Modeling - Case StudyAttribution Modeling - Case Study
Attribution Modeling - Case Study
 
Multi Channel Attribution - Driving Marketing Spend Planning In The Big Data Age
Multi Channel Attribution - Driving Marketing Spend Planning In The Big Data AgeMulti Channel Attribution - Driving Marketing Spend Planning In The Big Data Age
Multi Channel Attribution - Driving Marketing Spend Planning In The Big Data Age
 
Chapter 8 modified copy
Chapter 8 modified   copyChapter 8 modified   copy
Chapter 8 modified copy
 
LUMA's State of Digital Marketing at DMS West 15
LUMA's State of Digital Marketing at DMS West 15LUMA's State of Digital Marketing at DMS West 15
LUMA's State of Digital Marketing at DMS West 15
 
Startup Pitch Decks
Startup Pitch DecksStartup Pitch Decks
Startup Pitch Decks
 

Mehr von Higher Education Marketing

Mehr von Higher Education Marketing (20)

Master the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdfMaster the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdf
 
Decoding Gen Z: Tailoring Education Marketing for the Next Wave
Decoding Gen Z: Tailoring Education Marketing for the Next WaveDecoding Gen Z: Tailoring Education Marketing for the Next Wave
Decoding Gen Z: Tailoring Education Marketing for the Next Wave
 
Captivate & Convert: Mastering Video Marketing for Schools in the Digital Age
Captivate & Convert: Mastering Video Marketing for Schools in the Digital AgeCaptivate & Convert: Mastering Video Marketing for Schools in the Digital Age
Captivate & Convert: Mastering Video Marketing for Schools in the Digital Age
 
Landing Pages in Paid Advertising: Best Practices for Student Recruitment Suc...
Landing Pages in Paid Advertising: Best Practices for Student Recruitment Suc...Landing Pages in Paid Advertising: Best Practices for Student Recruitment Suc...
Landing Pages in Paid Advertising: Best Practices for Student Recruitment Suc...
 
ChatGPT for Education Marketing: Opportunities, Strategies and Outcomes
ChatGPT for Education Marketing: Opportunities, Strategies and OutcomesChatGPT for Education Marketing: Opportunities, Strategies and Outcomes
ChatGPT for Education Marketing: Opportunities, Strategies and Outcomes
 
Maximizing Your Schools Toolkit Using a Student Portal to Drive Recruitment
Maximizing Your Schools Toolkit Using a Student Portal to Drive RecruitmentMaximizing Your Schools Toolkit Using a Student Portal to Drive Recruitment
Maximizing Your Schools Toolkit Using a Student Portal to Drive Recruitment
 
The Fresh Start Effect: Proven Strategies to Kickstart Your Enrollment in the...
The Fresh Start Effect: Proven Strategies to Kickstart Your Enrollment in the...The Fresh Start Effect: Proven Strategies to Kickstart Your Enrollment in the...
The Fresh Start Effect: Proven Strategies to Kickstart Your Enrollment in the...
 
Bring More Organic Traffic to Your School's Website with Inbound Marketing
Bring More Organic Traffic to Your School's Website with Inbound MarketingBring More Organic Traffic to Your School's Website with Inbound Marketing
Bring More Organic Traffic to Your School's Website with Inbound Marketing
 
How to Launch a New School Program: Online Marketing to Stand Out and Bring S...
How to Launch a New School Program: Online Marketing to Stand Out and Bring S...How to Launch a New School Program: Online Marketing to Stand Out and Bring S...
How to Launch a New School Program: Online Marketing to Stand Out and Bring S...
 
SEO and Inbound Marketing for Schools - New Answers to Old Questions for Grow...
SEO and Inbound Marketing for Schools - New Answers to Old Questions for Grow...SEO and Inbound Marketing for Schools - New Answers to Old Questions for Grow...
SEO and Inbound Marketing for Schools - New Answers to Old Questions for Grow...
 
Make Google Analytics 4 A Powerful Marketing Tool for Your School
Make Google Analytics 4  A Powerful Marketing Tool for Your SchoolMake Google Analytics 4  A Powerful Marketing Tool for Your School
Make Google Analytics 4 A Powerful Marketing Tool for Your School
 
Next Gen Lead Gen for Schools: Digital Marketing Strategies for 2023
Next Gen Lead Gen for Schools: Digital Marketing Strategies  for 2023Next Gen Lead Gen for Schools: Digital Marketing Strategies  for 2023
Next Gen Lead Gen for Schools: Digital Marketing Strategies for 2023
 
How to Empower Your Admissions Process through Online Technology
How to Empower Your Admissions Process through Online TechnologyHow to Empower Your Admissions Process through Online Technology
How to Empower Your Admissions Process through Online Technology
 
TikTok Essentials for Schools - Top Tips for Organic, Paid and Social SEO.pdf
TikTok Essentials for Schools - Top Tips for Organic, Paid and Social SEO.pdfTikTok Essentials for Schools - Top Tips for Organic, Paid and Social SEO.pdf
TikTok Essentials for Schools - Top Tips for Organic, Paid and Social SEO.pdf
 
Next Gen Lead Gen for Schools - Digital Ad Strategies for 2023
Next Gen Lead Gen for Schools - Digital Ad Strategies for 2023Next Gen Lead Gen for Schools - Digital Ad Strategies for 2023
Next Gen Lead Gen for Schools - Digital Ad Strategies for 2023
 
Social Media Trends for Schools: 2023
Social Media Trends for Schools: 2023Social Media Trends for Schools: 2023
Social Media Trends for Schools: 2023
 
Winning the SEO Game for Schools
Winning the SEO Game for SchoolsWinning the SEO Game for Schools
Winning the SEO Game for Schools
 
Secrets of Attribution and Conversion Tracking.pdf
Secrets of Attribution and Conversion Tracking.pdfSecrets of Attribution and Conversion Tracking.pdf
Secrets of Attribution and Conversion Tracking.pdf
 
Google Analytics 4: A Quick Start Guide
 Google Analytics 4: A Quick Start Guide Google Analytics 4: A Quick Start Guide
Google Analytics 4: A Quick Start Guide
 
Practical methods to maximize your student lead flow using FB& Instagram.pdf
Practical methods to maximize your student lead flow using FB& Instagram.pdfPractical methods to maximize your student lead flow using FB& Instagram.pdf
Practical methods to maximize your student lead flow using FB& Instagram.pdf
 

Kürzlich hochgeladen

Kürzlich hochgeladen (20)

Major SEO Trends in 2024 - Banyanbrain Digital
Major SEO Trends in 2024 - Banyanbrain DigitalMajor SEO Trends in 2024 - Banyanbrain Digital
Major SEO Trends in 2024 - Banyanbrain Digital
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 
What is Google Search Console and What is it provide?
What is Google Search Console and What is it provide?What is Google Search Console and What is it provide?
What is Google Search Console and What is it provide?
 
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night ServiceVIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
 
Enhancing Business Visibility PR Firms in San Francisco
Enhancing Business Visibility PR Firms in San FranciscoEnhancing Business Visibility PR Firms in San Francisco
Enhancing Business Visibility PR Firms in San Francisco
 
Choosing the Right White Label SEO Services to Boost Your Agency's Growth.pdf
Choosing the Right White Label SEO Services to Boost Your Agency's Growth.pdfChoosing the Right White Label SEO Services to Boost Your Agency's Growth.pdf
Choosing the Right White Label SEO Services to Boost Your Agency's Growth.pdf
 
personal branding kit for music business
personal branding kit for music businesspersonal branding kit for music business
personal branding kit for music business
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
 
Busty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort Service
 
Best 5 Graphics Designing Course In Chandigarh
Best 5 Graphics Designing Course In ChandigarhBest 5 Graphics Designing Course In Chandigarh
Best 5 Graphics Designing Course In Chandigarh
 
Press Release Distribution Evolving with Digital Trends.pdf
Press Release Distribution Evolving with Digital Trends.pdfPress Release Distribution Evolving with Digital Trends.pdf
Press Release Distribution Evolving with Digital Trends.pdf
 
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptxDigital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptx
 
Discover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your LifestyleDiscover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your Lifestyle
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
 
20180928 Hofstede Insights Conference Milan The Power of Culture Led Brands.pptx
20180928 Hofstede Insights Conference Milan The Power of Culture Led Brands.pptx20180928 Hofstede Insights Conference Milan The Power of Culture Led Brands.pptx
20180928 Hofstede Insights Conference Milan The Power of Culture Led Brands.pptx
 
[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies Uncovered[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies Uncovered
 
Social media, ppt. Features, characteristics
Social media, ppt. Features, characteristicsSocial media, ppt. Features, characteristics
Social media, ppt. Features, characteristics
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their lives
 
Welcome to DataMetricks Consulting (1).pptx
Welcome to DataMetricks Consulting (1).pptxWelcome to DataMetricks Consulting (1).pptx
Welcome to DataMetricks Consulting (1).pptx
 

Multi attribution modeling

  • 1. Multi-attribution modeling: A way to enhance your school’s marketing measurability Slide 1 Multi-attribution modeling: A way to enhance your school’s marketing measurability
  • 2. Multi-attribution modeling: A way to enhance your school’s marketing measurability Slide 2 1) Measurability 2) What is Multi-Attribution? 3) Choosing the Justified Multi-Attribution Tool 4) Top 5 Attribution Tools Overview Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
  • 3. Multi-attribution modeling: A way to enhance your school’s marketing measurability Slide 3  To effectively compete in today's competitive educational marketplace, colleges and universities must improve on their marketing strategy and on their commitment to measure their marketing impact.  These enhancements in strategy and measurement will produce changes in the marketing channels used to reach specifically targeted audience groups (e.g. prospective students, alumni donors, the local community etc.) based on their intimate understanding of their marketing channels, tactics and touchpoints.  “93 to 95% of all touch points are ignored when you attribute conversions to the last click.” 1. Measurability Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
  • 4. Multi-attribution modeling: A way to enhance your school’s marketing measurability Slide 4  As we all know, most of the analytics tools use last click attribution by default.  In this case, using last click would result in the review portal getting full credit for generating a new conversion.  All of the previous touch points would not be acknowledged as being a part of the entire process. In contrast, multi-attribution tools track all the touch points that the prospect was exposed to before the conversion, and allocate credit among all these nodes accordingly.  Understanding the role each touch point has can further help you make vital marketing decisions to manage advertisement budget at a macro level. 2. What Is Multi-Attribution Modeling? Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
  • 5. Multi-attribution modeling: A way to enhance your school’s marketing measurability Slide 5  There are a few different ways to distribute credits when using a multi-attribution tool. Here are some of the most used ones:  Funnel Position: Classify the touch points as Introducers (the initiator), Influencers (touch points in the middle of the funnel) and Closers (last known touch point before conversion) and distribute credit based on organizational preferences.  Time decay: Assigns the maximum credit to the touch point that occurred nearest to the time of conversation.  Algorithmic: Use statistical and predictive models while taking time decay and a linear model into account.  Even credit: Simply divide the credit evenly among all known touch points 2. What Is Multi-Attribution Modeling? Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
  • 6. Multi-attribution modeling: A way to enhance your school’s marketing measurability Slide 6  Picking the right tool is perhaps one of the most vital decisions your college marketing team will make.  Each tool is unique, they have their own algorithm, but for the sake of simplicity and effectiveness, here is a comprehensive set of parameters you should consider while choosing a multi-attribution solution. DATA ACCURACY AND INTEGRITY:  The tool is nothing more than a way to visualize data. Quality data is persistent and continues to provide insights way beyond its projected life. In order for any multi-attribution solution to board your college’s needs, it is essential that it should be able to answer affirmatively to following questions:  Does the tool account for cookie deletion and the use of multiple browsers?  Does the tool retain historical data?  Can the tool track user interactions across both online and offline channels?  Does the tool store data at a granular level (including clicks)? 3. Choosing the Justified Multi-Attribution Tool Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
  • 7. Multi-attribution modeling: A way to enhance your school’s marketing measurability Slide 7 CUSTOMIZATION AND FLEXIBILITY  Make sure the tool is flexible enough with well-reasoned and built-in attribution models that you can easily pick from.  Also ensure that the tool allows for enough customization to suit your organization needs and goals.  Additionally, ask your vendor the following questions to make sure it’s the right fit:  Does the tool allow you to easily build custom attribution models?  Does the tool allow you to use custom cookie windows?  Does the product allow you to change attribution methodologies?  Is the tool flexible enough to allow multiple models at the same time? 3. Choosing the Justified Multi-Attribution Tool Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
  • 8. Multi-attribution modeling: A way to enhance your school’s marketing measurability Slide 8 DEPLOYMENT  IT resources at most colleges are already tight and don’t have the flexibility to allocate dedicated resources. In order to reduce (or avoid) extra overload, the proposed tool should meet the following criteria:  The tool should be easy to deploy.  The tool should play nicely with existing web ecosystem and tag management solutions.  The tool should be easy to maintain on an ongoing basis when new updates are deployed or changes are made for conversion optimization.  While choosing the multi-attribution solution, keep in mind that data quality in particular is vital.  In order to truly evaluate the performance of your marketing effort, your tool needs to have a robust tracking mechanism that can account for all user touch points on- and offline. 3. Choosing the Justified Multi-Attribution Tool Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
  • 9. Multi-attribution modeling: A way to enhance your school’s marketing measurability Slide 9  Using a multi-touch attribution model allows your college to track all user touch points and pull more precise information about user interaction with their brands. 4. Top Five Multi-Attribution Tools Source: Higher Education Marketing – Multi-attribution modeling: A way to enhance your school’s marketing measurability
  • 10. Multi-attribution modeling: A way to enhance your school’s marketing measurability Slide 10 Questions? 1.514.312.3968 info@higher-education-marketing.com Visit our Website: Higher Education Marketing FOLLOW US ON FACEBOOK FOLLOW US ON LINKEDIN FOLLOW US ON TWITTER FOLLOW US ON PINTEREST FOLLOW US ON GOOGLE+