+ All Categories
Home > Documents > Attribution Case Study - Online Retailer

Attribution Case Study - Online Retailer

Date post: 07-Nov-2014
Category:
Upload: adometry-by-google
View: 656 times
Download: 2 times
Share this document with a friend
Description:
When it comes to maintaining your position as one of America’s top ten retailers, digital marketing plays a critical role – especially in a highly competitive marketplace in which online retail sales reached over $40 billion in FY 2012 alone. But managing complex online marketing campaigns effectively across different business groups, channels, and product lines is no easy task.
2
When it comes to maintaining your position as one of America’s top ten retailers, digital marketing plays a critical role – especially in a highly competitive marketplace in which online retail sales reached over $40 billion in FY 2012 alone. But managing complex online marketing campaigns effectively across different business groups, channels, and product lines is no easy task. Tracking Online Campaigns Holistically Is Challenging This leading national retailer faced two big challenges. First, there were many different groups across the organization running their own online marketing campaigns for individual product lines. The company had no way to track these campaigns holistically. Second, the retailer needed a way to accurately measure the impact and performance that various marketing channels and campaigns have on driving sales. This included understanding the true lift that display advertising had on other types of online marketing. With marketing campaigns running for 20 different product categories and a dozen business units across display, search, e-mail and affiliate sites, being able to measure these effectively would help the retailer determine which channels deserved credit for conversions and sales so it could improve future campaign investments. Using Tags to Improve Insights into Online Behavior For all of its campaigns across the organization, the retailer tracked its cross-channel marketing events and conversions. The Adometry Ad Tag was deployed through the ad server and used to collect display impressions bought by various business units on sites such as Google, Facebook, and Yahoo!. This same Ad Tag was used to synchronize with TARGUSinfo audience segments, as well as provide verification data that identified ads below the fold or never seen. The Adometry Page Tag was employed to collect all of the clicks landing on the retailer’s pages from channels including display, paid search, organic search, e-mail, affiliates, and others. The Page Tag was also used to collect retail sales events such as conversions, complete with their associated item product categories and revenue. Top 10 Retailer Realizes Incremental Revenue Through Attribution BACKGROUND One of America’s top ten broadline retailers - operating over 3,000 retail stores in the US and offering more than 45 different brands - is taking action to strengthen its connection to consumers by strategically investing in online media attribution. - Director, Online Media Analytics Online Retailer CASE STUDY A Leader in Forrester’s Interactive Attribution Wave™ 2Q 2012 A Leader in Forrester’s Interactive Attribution Wave™ 2Q 2012 The reports we received from Adometry helped us understand in actionable and simple terms the complex interactions of our campaigns. Moving from measuring our performance based on last-click has improved our ROI in a number of ways by implementing frequency capping recommendations, eliminating overlap, and re- allocating our ad spend to the best performing sites.
Transcript

When it comes to maintaining your position as one of America’s top ten retailers,

digital marketing plays a critical role – especially in a highly competitive marketplace

in which online retail sales reached over $40 billion in FY 2012 alone. But managing

complex online marketing campaigns effectively across different business groups,

channels, and product lines is no easy task.

Tracking Online Campaigns Holistically Is Challenging

This leading national retailer faced two big challenges. First, there were many different

groups across the organization running their own online marketing campaigns

for individual product lines. The company had no way to track these campaigns

holistically. Second, the retailer needed a way to accurately measure the impact

and performance that various marketing channels and campaigns have on driving

sales. This included understanding the true lift that display advertising had on other

types of online marketing. With marketing campaigns running for 20 different product

categories and a dozen business units across display, search, e-mail and affiliate

sites, being able to measure these effectively would help the retailer determine

which channels deserved credit for conversions and sales so it could improve future

campaign investments.

Using Tags to Improve Insights into Online Behavior

For all of its campaigns across the organization, the retailer tracked its cross-channel

marketing events and conversions. The Adometry Ad Tag was deployed through

the ad server and used to collect display impressions bought by various business

units on sites such as Google, Facebook, and Yahoo!. This same Ad Tag was used

to synchronize with TARGUSinfo audience segments, as well as provide verification

data that identified ads below the fold or never seen. The Adometry Page Tag was

employed to collect all of the clicks landing on the retailer’s pages from channels

including display, paid search, organic search, e-mail, affiliates, and others. The Page

Tag was also used to collect retail sales events such as conversions, complete with

their associated item product categories and revenue.

Top 10 Retailer RealizesIncremental RevenueThrough Attribution

BACKGROUND

One of America’s top ten broadline

retailers - operating over 3,000 retail

stores in the US and offering more than

45 different brands - is taking action to

strengthen its connection to consumers

by strategically investing in online

media attribution.

- Director, Online Media Analytics

Online RetailerC A S E S T U D Y

A Leader in Forrester’sInteractive Attribution

Wave™ 2Q 2012

A Leader in Forrester’sInteractive Attribution

Wave™ 2Q 2012

“The reports we received from Adometry helped us understand in actionable and simple terms the complex interactions of our campaigns. Moving from measuring our performance based on last-click has improved our ROI in a number of ways by implementing frequency capping recommendations, eliminating overlap, and re-allocating our ad spend to the best performing sites.”

Adometry, Inc.4301 Westbank Dr.Building A, Ste. 100Austin, TX 78746

[email protected]

Uncovering Actionable Insights in the Data

To help it analyze and make sense of the enormous volume of

cross-channel campaign data collected by its tags, the retailer

turned to Adometry Attribute™ – one of the industry’s most

powerful and sophisticated attribution solutions. Adometry Attribute

is designed to give online marketers an accurate view of their entire

campaign ecosystem so they can determine how to better invest

and optimize their advertising dollars in the future. By uncovering

insights through attribution and improving performance through

optimization, the retailer was able to correlate and increase revenue

resulting from online purchases. With ad spend touch points in

a variety of marketing channels, it was able to improve new key

performance indicators (KPIs), such as attributed conversions,

cost per attributed conversion, attributed revenue, and return on ad

spend (ROAS).

A major finding that Adometry Attribute uncovered for the retailer

was an overlap between different marketing channels. Over 50%

of the conversions were from visitors that saw ads on two or more

channels. This helped the retailer understand that it needed to

ensure that all marketing and product groups within the company

running online media campaigns work together so that they could

invest more efficiently.

Furthermore, through its integration with data provider

TARGUSinfo, Adometry Attribute identified the audience segments

that converted best so the retailer could implement better audience

targeting initiatives in the future. For example, it discovered a three-

fold spread between the highest and lowest targeted segments in

their propensity to convert. This insight showed a large opportunity

for selectively buying audiences in the future that have conversion

rates significantly above their current averages.

Significant Tangible Benefits

These are a few of the significant benefits Adometry provided this

online retailer:

• Discontinuing sites with poor ad viewability – one site

displayed over 7 million impressions; however, over 95% of them

were below the fold and 80% were never seen. By exposing

this poor performing traffic source, the company recognized

substantial savings. And as bonus benefit, this also provided the

retailer with a way to use these insights to negotiate better rates

with the ad supplier.

• Frequency capping – Adometry Attribute showed how the

retailer’s re-targeting initiatives eventually reached a saturation

point, leading to wasted ad spend. By delivering new frequency

capping recommendations for individual re-targeting campaigns,

Adometry Attribute was able to save approximately 15% on

monthly ad spend on some of the top buys. With the re-

investment of the savings generated by limiting the number of

times an ad was displayed on one particular site, the advertiser

recognized over $200,000 in incremental revenue in one month.

• Optimization recommendations – Attribute uncovered

significant lifts that display advertising had other ad channels.

The data indicated that on average if a user saw an ad prior to

search, s/he was 15-30% more likely to convert. Additionally,

since the monthly budget was held at the same level, Adometry

recommended changes within display that generated over a 40%

lift in conversions and a 29% drop in eCPA. With almost $200 of

revenue per converted user, the revenue impact from incremental

conversions to the bottom line was millions of dollars.

One of the biggest overall takeaways for the retailer was the

impetus that attribution provided for the various departments

across the company to work together. Adometry Attribute helped

the marketers in each group understand the role that display plays

on all of the channels. As a result, the retailer is now tracking its ad

spend much more holistically and globally, resulting in improved ad

performance, communication and team efficiency.

About AdometryFounded in 2005, Adometry, Inc. provides ad verification and cross-channel attribution intelligence, plus auditing and scoring metrics, to optimize results for the world’s leading online advertisers, publishers, and ad networks. Through its SaaS-based advanced analytics, Adometry processes and analyzes tens-of-billions of impressions and advertising transactions per month to identify the true consumer purchase-decision journey and to maximize marketing ROI. Adometry combines a scientifically proven methodology with a flexible and easy to implement solution to generate results in as little as two weeks. Headquartered in Austin, Texas, Adometry is privately held and backed by Sierra Ventures, Austin Ventures, Shasta Ventures and Stanford University. For more information, visit www.adometry.com

Copyright 2012. Adometry and Click Forensics are registered trademarks of Adometry, Inc. Adometry Attribute, Adometry Validate, and TagScan are trademarks of Adometry, Inc. All Rights Reserved. 0612


Recommended