Attribution Management Forum 2.0 – Measuring an Ad’s Value

Tuesday, December 29th, 2009

Watch the Forum- Real Media Audio (16k)

Watch the Forum- Windows Media Audio (16k)

Original Date- January 29, 2009

Length- 52 minutes

This webcast continues the discussion surrounding how to identify, define and ultimately recommend better ways to measure and value an ad.
We’ll present a series of interactive polling questions and share the results with the audience immediately, so you’ll get some real-time information as to how leading internet marketers value ads.
Any good Internet marketing professional knows that assigning all of the value to the last ad clicked on before the conversion is inherently flawed. However, most Internet advertisers lack:

•   The tracking technology required to determine the actual team of ads and their sequence that lead to the conversion.

•   The valuation methodology to properly assess each ad’s true contribution and value to the conversion.

    While a few technologies are now able to effectively track and assemble the purchase path leading to conversion, there is no industry-accepted standard or method for assigning relative value to ads in the path. How do we effectively attribute which ad – or group of ads – ultimately led to the final conversion?
    We’ll cover a variety of common issues and scenarios surrounding attribution, such as:

    •   How length of time between searches affect how ads are credited

    •   Lifetime ad value with use of additional search

    •   Best allocation of different advertising scenarios, such as online-offline

          Watch the Forum- Real Media Audio (16k)

          Watch the Forum- Windows Media Audio (16k)

          The Attribution Management Forum 2.0: Part 1 Paid Search and LAV

          Friday, February 13th, 2009

          The Attribution Management Forum 2.0, which took place on January 29, 2009, was the second installment in the Forum series.

          This is the first video in the 2.0 series and covers Paid Search and Lifetime Ad Value (LAV). The different Purchase Paths explored in this video include : search with a time element, product sold is unrelated to the ad, and lifetime ad value with related products. Please visit ClearSaleingInc on YouTube for the latest Attribution videos and events.

          Lifetime Ad Value (LAV) with related products

          Friday, February 6th, 2009

          In this Purchase Path, a consumer did a search on a Monday and bought some peanut butter. Then a week later, they did another search and bought a complimentary product, jelly. Which search gets credit for the sales?

          1. In Attribution Rule A, you believe the first search should get credit for the sale of the peanut butter. However because the 2 products bought are so closely related, the first search should get credit for the sale of the jelly also.
          2. In Attribution Rule B, the first search gets credit for the first sale and a percentage of the credit for the next sale as well. The second search also deserves a portion of the credit, but not as much as the first.
          3. In Attribution Rule C, you do not believe in lifetime ad value and think that each search gets credit for only the sale that directly follows it.

          See how other Forum attendees voted

          If product sold is unrelated to the ads, which ad(s) gets credit?

          Friday, February 6th, 2009

          In this purchase path, there are 3 searches. First there is a search for “Running shoes”. A Finish Line ad gets clicked on, but there is no purchase. The search is then refined to “Women’s Nike Shox”, again the consumer clicks on a Finish Line ad, but does not make a purchase. Then, they search “Finish Line” (a branded term), they click on the link, and a sale occurs. However this time the product that was purchased was a pair of Oakley women’s sunglasses. The product purchased was different than the product that was previously searched for.

          1. In Attribution Rule A, there were 3 ads involved before the sale. Regardless of what product was purchased, all 3 ads contributed and therefore deserve equal credit for the sale.
          2. In Attribution Rule B, the product sold does not matter. However when a branded term is used at the end of a path, it is being used to navigate back to the Finish Line. The customer could’ve found the Finish Line through the address bar or bookmark, however they choose to use search again. In this instance the consumer has already decided to buy and therefore no sales credit goes back to the branded term at the end of a Purchase Path. Credit for the sale is split evenly between the first and second search.
          3. In Attribution Rule C, the purchase has nothing to do with what they searched for. Therefore credit is excluded from the terms that do not relate to the product bought. All of the credit of the sale is attributed to the final ad for “Finish Line”

          See how other Forum attendees voted

          Lifetime Ad Value (LAV) with additional search : Which search deserves more credit for the second sale?

          Friday, February 6th, 2009

          In this Purchase Path a search was done and on the same day a purchase was made. Over a week later another search was done and a purchase followed 2 days later. Less than a week later, another purchase was made. If both searches are a crucial part of the sale, which one deserves more credit for the second sale- the first search or the second search?

          1. In Attribution Rule A, the first search deserves more credit for the sales
          2. In Attribution Rule B, the second search deserves more credit for the sales

          See how other Forum attendees voted

          Is last, first, or even attribution the better rule?

          Friday, February 6th, 2009

          In this Purchase Path, on January 1, someone did a search for running shoes and clicked on a sponsored link for Finish Line. Then, two weeks later they did a more refined search and looked up Nike Women’s Shox. They didn’t purchase this time, but instead clicked on a Finish Line Sponsored link. Two weeks after this, on January 30, they searched Nike Shox Turbo VII, clicked on the Finish Line sponsored link, and this time they completed the purchase.

          1. In Attribution Rule A, all ads are equally important to the sale and were each a crucial part of the purchase process. Therefore the credit is split evenly among the 3 search ads
          2. In Attribution Rule B, the first ad is the most important. Without that first ad, the consumer might not have discovered Finish Line after the second and third search. If Finish Line didn’t not show up for the very general term “running shoes”, they might not have been included in their consideration set.
          3. In Attribution Rule C, the last ad before the conversion gets all the credit. This could be due to the fact that the searches occurred over a month and you believe that too much time elapsed between the searches and therefore only the last ad clicked before the purchase is relevant.

          See how other Forum attendees voted

          Total Economic Impact: Attribution Webinar


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          About Attribution Management

          In the world of online marketing, Attribution Management is the process of properly identifying and valuing the chain of marketing initiatives and advertisements that lead to a sale or conversion.

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