semcamp-2011 - Шон Маршалл - "conversion attribution"

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SEAN MARSHALL DIRECTOR OF SEM Hey! That’s My Conversion!

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Page 1: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

SEAN MARSHALLDIRECTOR OF SEM

Hey! That’s My Conversion!

Page 2: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

• CONVERSION TRACKING 101 (5 MINUTES)

• WHAT IS ATTRIBUTION• WHY YOU NEED CROSS -CHANNEL

ATTRIBUTION

Agenda

Page 3: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

What’s A Conversion?

• Definition: A conversion is an event – either online or offline – that is an indication of success for your business.

• Typical “success events” that can be measured: Contact us form submitted Ecommerce order placed A visit to a page that indicates

purchase intent (e.g. view map to store)

Page 4: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Conversion Pixels are Everywhere

• Dozens of pixels are available: All PPC engines Web analytics Campaign management

software Display advertising Comparison shopping Email marketing

• Most conversions are tracked through a “pixel” or “cookies”

• You install a tiny bit of code on a page that can only be accessed if a user has converted

• When a user gets to the “success page”, the pixel fires and reports a conversion back to you

Page 5: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Conversion Tracking Best Practices

• Make sure to match the pixel code to whether a page is HTTP or HTTPs

• Put the code right before the /body tag to avoid freezing your page

• Put the code only on pages that you are certain are “success pages”

• Don’t try this at home (ask your Web developer to do it!)• Test the code after you’ve installed it

Page 6: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

• CONVERSION TRACKING 101 (5 MINUTES)

• WHAT IS ATTRIBUTION• WHY YOU NEED CROSS -CHANNEL

ATTRIBUTION

Agenda

Page 7: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

What is Attribution?

• Definition: Giving credit for a conversion. Attribution can be given to one source or many.

• Common attribution elements: Source (Google or Yahoo?) Keyword Ad text or creative Landing Page

• Advanced attribution elements: Geography Demographics Time of day Day of week IP address

Page 8: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Important Attribution Elements

Pixel1st Click or Last Click?

Date of Click or Date of Sale?

Single Source or Multiple Source?

Talks to Other Conversion Pixels?

Google AdWords Last Depends Single NoGoogle Analytics Last Sale Depends* NoYahoo Search Marketing Last Sale Single NoMSN AdCenter Last Sale Single No

Page 9: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Who Get’s the Credit (Quiz)

User Click Path• 9/2/11: AdWords: User searches for “widgets” and visits your Web

site, BobsWidgets.com• 9/7/11: Yahoo: Search for “blue widgets” followed by Web site visit• 9/9/11: Shopping.com: “Blue water-resistant widgets”• 9/10/11: AdWords: “Model 2600A widgets”• 9/11/11: AdWords: “Bob’s Widget store” and user converts!

Conversion Pixel Used• Google AdWords: Conversion occurred on 9/11/11 with keyword

“Bob’s Widget store”• Google Analytics: Conversion occurred on 9/11/11 with keyword

“Bob’s Widget store”• Yahoo: Conversion occurred on 9/11/11 with keyword “blue

widgets”• Shopping.com: Conversion occurred on 9/11/11 with keyword

“blue water-resistant widgets”

Page 10: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Many Conversions Get “No Respect”

Giving No Credit• Cookie is erased• Conversion occurs after cookie

expires• Conversion occurs offline• Pixel lost when user jumps to

different browser• Pixel lost when user goes from

domain to sub-domain

Page 11: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Solutions for Saving Lost Conversions

• Use cookies with longer pixels AdWords conversion pixel

expires after 30 days Pixels are available that last up

to a year• Integrate offline sales into your

online marketing Dedicated phone number for

each channel/campaign/keyword SalesForce.com App for

AdWords• Use conversion tracking that is not

cookie based: Digital fingerprinting Unique customer ID

Page 12: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

• CONVERSION TRACKING 101 (5 MINUTES)

• WHAT IS ATTRIBUTION• WHY YOU NEED CROSS -CHANNEL

ATTRIBUTION

Agenda

Page 13: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

What is Cross-Channel Attribution

• Cross-channel attribution gives partial credit to multiple clicks (and channels) in a conversion process. This enables marketers to give credit to clicks and channels that contributed to the ultimate purchase, and not just the last click

• Follow best practices for setting up conversion tracking• Find a technology that offers cross-channel attribution• Instead of one pixel per source, use the one cross-channel pixel

on your site for all channels• Tweak attribution settings to reflect your specific business

• Option 1: Even distribution vs. weighted distribution• Option 2: Divide credit among all sources, or just paid sources

get traffic• Option 3: Include or exclude brand terms

Page 14: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Comparing Cross-Channel to Standard Pixel Tracking

Pixel1st Click or Last Click?

Date of Click or Date of Sale?

Single Source or Multiple Source?

Talks to Other Conversion Pixels?

Google AdWords Last Depends Single NoGoogle Analytics Last Sale Depends* NoYahoo Search Marketing Last Sale Single NoMSN AdCenter Last Sale Single NoCross-Channel Attribution All All Multiple No

If you use standard conversion pixels, you only see a small part of the picture

Page 15: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Why Standard Conversion Tracking Fails

Giving Too Much Credit• Pixels don’t talk to each

other• Conversion is double-

counted due to bookmarks• Brand keyword gets all the

credit• Paid search or SEO gets all

the credit• Misleading data

CONVER

SIONS

Your bid decisions are only as good as the data upon which they are based. Without cross-channel attribution, your data is wrong.

Page 16: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Brand or Search Gets Too Much Credit

Graphic courtesy of Convertro

Page 17: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

How Google Uses Multi-Click Attribution to Make You Spend More!

Give Us All The Credit!• AdWords conversion tracking:

Last click, date of click Multiple conversions per click “View through conversions”

• Google Analytics Last click, date of sale Single attribution, more credit for search

Ignore the Bad Clicks Behind the Curtain!• Google AdWords reporting:

Adding negative keywords = exact match; adding keywords = broad match

Geotargeting report runs by day (roll up required)

Easy to copy bids to all keywords, but can’t change match type that way

No conversion data by hour of day!

Page 18: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

The Importance of Cross-Channel Attribution: Part I, Your Bidding Strategy

Source Keyword Revenue CPCGoogle AdWords widgets -$ Yahoo Search Marketing blue widgets 30.00$ 30.00$ Google Organic best blue widgets -$ Google AdWords blue widgets on sale -$ Direct Traffi c Bob's Widget Store -$ Google AdWords Bob's Widget Store $30 30.00$

Source Keyword Revenue CPCGoogle AdWords widgets -$ Yahoo Search Marketing blue widgets -$ Google Organic best blue widgets -$ Google AdWords blue widgets on sale -$ Direct Traffi c Bob's Widget Store -$ Google AdWords Bob's Widget Store $30 30.00$

Source Keyword Revenue CPCGoogle AdWords widgets 5.00$ 5.00$ Yahoo Search Marketing blue widgets 5.00$ 5.00$ Google Organic best blue widgets 5.00$ 5.00$ Google AdWords blue widgets on sale 5.00$ 5.00$ Direct Traffi c Bob's Widget Store 5.00$ 5.00$ Google AdWords Bob's Widget Store 5.00$ 5.00$

Last click, multiple pixels

Even attribution, one pixel

Last click one pixel

How you attribute credit can result in changes in CPC bid by 6X or more!

Source Keyword Revenue CPCGoogle AdWords widgets 7.50$ 7.50$ Yahoo Search Marketing blue widgets 7.50$ 7.50$ Google Organic best blue widgets -$ Google AdWords blue widgets on sale 7.50$ 7.50$ Direct Traffi c Bob's Widget Store -$ Google AdWords Bob's Widget Store 7.50$ 7.50$

Even attribution, multiple pixels, paid only

Page 19: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Importance of Cross-Channel, Part II: Creative Decisions

• Creative for “Consideration” Stage: Who are you? Why should I trust you? How are you different? Why should I be interested?

• Creative for “Decision” Stage: What’s the price? Do you have a promotion? Why should I buy today?

Page 20: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Importance of Cross-Channel, Part III: KPI Goals

• KPIs for “Consideration” Stage: Time on site Page views Request for

information• KPIs for “Decision”

Stage: AOS Conversion Rate ROI

Page 21: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Ask Your Campaign Management Company

Bid Management Only

Bid Management + Campaign Management

Tools

Bid Management + Full Service

Agency

Under $5,000/mo

$5,000 to $100,000 mo

$100,000+ mo

Mon

thly

Spe

nd

Services Offered

Page 22: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Putting it All Together

1. Know your pixels – understand how they track

2. Strive for one pixel, not many3. Make spend decisions based on the

entire purchase funnel, not just “the decision” phase

4. Develop different creative for different stages of the funnel

5. Develop different KPIs for each channel

6. Ask your campaign management company how they deal with cross-channel attribution

Page 23: SEMcamp-2011 - Шон Маршалл - "Conversion attribution"

Thank You!

Sean [email protected]: www.blogation.net (David Rodnitzky,

CEO)