SlideShare a Scribd company logo
1 of 27
Download to read offline
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.1
The Truthiness of
Marketing Attribution
Benefits, Drawbacks, and the Criticality of a Strong Data Foundation
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.2
Today’s Speaker
Matt Jacobs
VP, Strategic Marketing
Origami Logic
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.3
73%of CEOs think their CMOs
lack business credibility
and aren’t the business
growth generators they
should be
80%of CEOs claim they’ve lost
trust in their marketers
Source: http://chiefexecutive.net/are-cmos-unfit-for-the-job-how-the-ceo-can-make-a-difference/
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.4
•  More channels
•  More tools
•  More data
•  ROI demands
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.5
Attribution is so hot right now
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.6
Brands are trying to answer two critical questions
Marketers are securing budgets for Attribution and Marketing Mix Modeling
(MMM) in hopes of answering the following:
1. Which channels are driving sales?
2. How should budget be allocated across channels to maximize sales?
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.7
According to an IDG survey, many execs worry
about challenges holding back their attribution efforts
More resources are going into analytics tools
Attribution is a BIG focus, but the prerequisites are often a bigger problem
mentioned data
collection and
accuracy
point to reporting,
accountability and
accuracy
said staff skills were
problematic
% 	
  
50	
  % 	
  
59	
   % 	
  
56	
  
Sources: emarketer, IDG “Executives Reveal Potential Pain Points of Marketing Attribution” – Oct 2015
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.8
What’s challenging about attribution?
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.9
What are brands trying to accomplish with attribution?
The answer can be framed in two ways
1. What are attribution products designed to do today?
2. What are marketers trying to use attribution products for beyond
what they’re designed to do?
Assign an influence value or “credit” to marketing channels or touch points
•  Obtain a unified view of the customer purchase path across as many channels as possible
•  Analyze cross-channel behaviors to understand the customer journey (“speed to insight”)
•  Leverage the data to fuel interaction strategies – e.g., RTB, personalization, etc.
(“instantly correct course”)
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.10
What are brands trying to accomplish with attribution?
The answer can be framed in two ways
1. What are attribution products designed to do today?
2. What are marketers trying to use attribution products for beyond
what they’re designed to do?
Assign an influence value or “credit” to marketing channels or touch points
•  Obtain a unified view of the customer purchase path across as many channels as possible
•  Analyze cross-channel behaviors to understand the customer journey (“speed to insight”)
•  Leverage the data to fuel interaction strategies – e.g., RTB, personalization, etc.
(“instantly correct course”)
Why is this problematic?
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.11
Attribution doesn’t address the problem (but claims to!)
Recall the two critical questions marketers are securing budgets to address -
and intend to use Attribution to answer:
1.  Which channels are driving sales?
2.  How should budget be allocated across channels to maximize sales?
Here’s the rub: attribution cannot answer these questions!
Let’s illustrate why…
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.12
Most attribution vendors fail to capture reality
Apportioning credit to the parts before understanding the whole will often result in the wrong answer
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Most Attribution Vendors Reality
Brand Sales (direct + channel) TV Print Radio WOM PPC Email Display Social Sponsorships
Conversions
are influenced
by many other
channels
PPC
Email
Display
Social
Digital
Sponsorships
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.13
What ALL attribution vendors get wrong
Just because a channel was measurably involved doesn’t mean that channel deserves credit!
PSA
Display
Conversions
(Attribution)
What’s
typically
credited
Display
Conversions
(Reality)
Naturally occurring
conversions that
should NOT be
credited
Incremental
conversions that
should be credited
Display Example (illustrative)
Giving 100% credit is deeply flawed
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.14
Now you know why most of this doesn’t matter
0% 0% 0% 100% $$
25% 25% 25% 25% $$
35% 15% 15% 35% $$
50% 25% 15% 10% $$
20% 45% 30% 5% $$
40% 10% 35% 15% $$
Last touch
Even weighting
U-based (first , last, middle)
Path position
Attribution pattern
Custom attribution
TBD TBD TBD TBD TBDAlgorithmic attribution
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.15
Now you know why most of this doesn’t matter
0% 0% 0% 100% $$
25% 25% 25% 25% $$
35% 15% 15% 35% $$
50% 25% 15% 10% $$
20% 45% 30% 5% $$
40% 10% 35% 15% $$
Last touch
Even weighting
U-based (first , last, middle)
Path position
Attribution pattern
Custom attribution
TBD TBD TBD TBD TBDAlgorithmic attribution
If you can’t assess lift because the
methods you’re using are inherently
wrong, apportioning credit is pointless
(and worse than useless)
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.16
There’s another skeleton in the closet...
Attribution is typically focused on short-term effects and time horizons that are too small to matter
Attribution is often conducted monthly or quarterly, and predominantly relies on cookie data, thus
1.  Limiting the richness of the data set
2.  Skewing results to short-term effects
Makes it difficult to accurately attribute the
importance of online touchpoints
Biases marketers to allocate budget towards short-
term initiatives
Those short-term effects typically comprise 10% - 20% of total sales. The brand –
a longer-term asset – accounts for the rest
Let’s illustrate why that’s problematic…
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.17
There’s another skeleton in the closet... (continued)
When the output of attribution is biased towards short-term effects, the marketing team will maniacally
focus on maximizing those drivers (with attribution, that typically means digital channels)
If they work really, really hard, their results might increase sales by 10% (among 20% of buyers)
This situation – which is not an uncommon outcome after attribution – could be remedied with models that
account for short and long-term effects, but attribution is not natively set up to accomplish that
Attribution can be valuable for surgical micro-changes in select channels, but is not conducive to
large budget or channel mix changes (unless you want to lose your job!)
%  of  Sales
%  Increase  from  
Op2miza2on
%  Increase  in  Sales
Short-­‐term  effects
 20%
 10%
 2.0%
Long-­‐term  effects
 80%
 -­‐5%
 -­‐4.0%
Losing focus on the other
80% can generate a net
loss for the business!
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.18
Maturity Path: Prerequisites to Attribution
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.19
Everything begins with a strong data foundation
Multiple steps must be taken to understand MROI and gain the agility to leverage outputs from attribution
When to use over time
LowMaturityRequiredHigh
GET A HOLISTIC, “ALWAYS ON” VIEW OF PERFORMANCE
•  Automate multi-channel measurement (collect, cleanse, categorize, structure, enhance, harmonize)
•  Harness multi-channel and audience data to develop reporting and establish org-wide knowledge
•  Conduct exploratory analyses, create hypotheses for testing
ASSESS AND DETERMINE LIFT
•  Conduct channel and audience tests to quantify naturally occurring conversion volumes
•  Test investment allocations and understand outputs before attempting Attribution or MMM
•  Observe effects across channels to develop new testing hypotheses
ESTABLISH YOUR DATA FOUNDATION AND MEASUREMENT FRAMEWORK
•  Complete a measurement plan and data flow schematic for all key touch points in the customer journey
•  Implement measurement to assess individual channel performance
•  Expand measurement to additional channels, leveraging tag management and data distribution utilities as needed
3
2
1
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.20
Marketing measurement and optimization is required thereafter…
Signals from all channels are brought into a
solution and organized into a marketing
context. Validation, gap filling, back-fetching,
and other activities are conducted to further
refine the data
Data is then enriched and harmonized. Tagging,
comparisons, adaptive aggregations,
calculations, and segmentation are completed
Results are expressed via story feeds,
dashboards and other visualizations. Search,
filtration, collaboration, altering and
notifications
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.21
Where different approaches complement one another
Comprehensive Marketing Performance Management
Data Collection and Refinement
(collect, cleanse, categorize, customize, and harmonize all marketing data)
Analysis and Exploration
(channels, campaigns, creatives, audiences)
Data Activation
(alerting, reporting, dashboards, visualization)
Factors in all channels?
Uses algorithms/rules to assign “credit” to channels?
Can simulate outcomes at different investment levels?
Calculates interaction effects between channels?
Designed for frequent use throughout Marketing?
Creates a unified view of customer interactions (user level)
Informs personalization and customer engagement efforts
Capable of acting on interaction strategies (testing, RTB, etc.)
Marke2ng  Mix  
Modeling
Marke2ng  
Measurement  &  
Op2miza2on
AIribu2on  
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.22
How sophisticated does your organization need to be?
Low Required Analytical Maturity of Marketing Org. High
LowCost,Effort,andTime*RequiredHigh
* Time = time to implement and time to results
Marketing
Measurement &
Optimization
Attribution
MMM
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.23
How actionable and frequent are the outputs?
Low How actionable are results / efforts? . High
LowFrequencyofUse`High
Marketing Measurement
& Optimization
Attribution
MMM
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.24
What’s the sweat-to-equity for each approach?
Low How actionable are results / efforts? . High
LowCost,Effort,andTime*RequiredHigh
Marketing
Measurement &
Optimization
Attribution
MMM
* Time = time to implement and time to results
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.25
Where is this all heading?
1.  Marketing signal measurement will continue to evolve as the core data and reporting
foundation for marketers
•  Enhanced data collection, customization, harmonization, exploration and visualization
•  Reconciliation for attribution and MMM
•  Data exhaust as fuel for mix modeling
2.  Attribution and MMM advancements will address historical shortcomings
•  Better integration for offline and mobile data
•  Reduced focus on “crediting,” and more on providing a unified view of the customer journey
•  Convergence of multiple capabilities (e.g., attribution, MMM, testing, ad tech, etc.)
•  Blended analytical approaches will become the new norm
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.26
About Origami Logic
Helping Global Brands Master
Their Marketing Performance
Tier-1 Investors
Experienced Leaders
& Domain Expertise
Rapid Deployment
with Smart Services
Agility with
Daily Insights
Search and
Organize with
Dynamic Data Model
Unify All Campaign
Performance Data
Our Platform
© Origami Logic, Inc. Proprietary and confidential. Not for redistribution.27
Thank You
www.origamilogic.com | info@origamilogic.com

More Related Content

What's hot

Introducing Deloitte Hcas
Introducing Deloitte HcasIntroducing Deloitte Hcas
Introducing Deloitte Hcasfsonneville
 
Deloitte 11BM60075
Deloitte 11BM60075Deloitte 11BM60075
Deloitte 11BM60075Srinjoy Saha
 
Scaling corporate ventures: the foundations.
Scaling corporate ventures: the foundations.Scaling corporate ventures: the foundations.
Scaling corporate ventures: the foundations.Bundl
 
5 Successful Corporate Ventures
5 Successful Corporate Ventures5 Successful Corporate Ventures
5 Successful Corporate VenturesBundl
 
Learn IBM's Secrets: How can digital badges improve your training metrics?
Learn IBM's Secrets: How can digital badges improve your training metrics?Learn IBM's Secrets: How can digital badges improve your training metrics?
Learn IBM's Secrets: How can digital badges improve your training metrics?Training Industry Conference & Expo
 
Rocket-Hire Talent Assessment Market Overview 2014-2015
Rocket-Hire Talent Assessment Market Overview 2014-2015Rocket-Hire Talent Assessment Market Overview 2014-2015
Rocket-Hire Talent Assessment Market Overview 2014-2015Rocket-Hire
 
The Role of Diversity in Innovation
The Role of Diversity in InnovationThe Role of Diversity in Innovation
The Role of Diversity in InnovationAlchemy Crew
 
Merisis advisors - Investment activity in the technology sector in 2013
Merisis advisors - Investment activity in the technology sector in 2013Merisis advisors - Investment activity in the technology sector in 2013
Merisis advisors - Investment activity in the technology sector in 2013sravanthi05
 
The revolutionary companies to watch 2021
The revolutionary companies to watch 2021The revolutionary companies to watch 2021
The revolutionary companies to watch 2021Merry D'souza
 
Keeping Pace - Government's technology transformation
Keeping Pace - Government's technology transformationKeeping Pace - Government's technology transformation
Keeping Pace - Government's technology transformationDeloitte UK
 
Tata Consultancy Services
Tata Consultancy ServicesTata Consultancy Services
Tata Consultancy ServicesArpit Ojha
 
Maximizing AI Investments | Accenture
Maximizing AI Investments | AccentureMaximizing AI Investments | Accenture
Maximizing AI Investments | Accentureaccenture
 
Business Development Operational Streams by Elijah Ezendu
Business Development Operational Streams by Elijah EzenduBusiness Development Operational Streams by Elijah Ezendu
Business Development Operational Streams by Elijah EzenduElijah Ezendu
 
Accelerating Digital Transformation through People: Saudi Aramco and GE
Accelerating Digital Transformation through People: Saudi Aramco and GEAccelerating Digital Transformation through People: Saudi Aramco and GE
Accelerating Digital Transformation through People: Saudi Aramco and GEFrancesco Picconi (MSc,Dr)
 
The Future of Asset Management: Building Business Models and Strategies for 2025
The Future of Asset Management: Building Business Models and Strategies for 2025The Future of Asset Management: Building Business Models and Strategies for 2025
The Future of Asset Management: Building Business Models and Strategies for 2025accenture
 
The corporate venture dilemma: business unit vs spin-off.
The corporate venture dilemma: business unit vs spin-off.The corporate venture dilemma: business unit vs spin-off.
The corporate venture dilemma: business unit vs spin-off.Bundl
 

What's hot (20)

Introducing Deloitte Hcas
Introducing Deloitte HcasIntroducing Deloitte Hcas
Introducing Deloitte Hcas
 
Deloitte 11BM60075
Deloitte 11BM60075Deloitte 11BM60075
Deloitte 11BM60075
 
Scaling corporate ventures: the foundations.
Scaling corporate ventures: the foundations.Scaling corporate ventures: the foundations.
Scaling corporate ventures: the foundations.
 
5 Successful Corporate Ventures
5 Successful Corporate Ventures5 Successful Corporate Ventures
5 Successful Corporate Ventures
 
Learn IBM's Secrets: How can digital badges improve your training metrics?
Learn IBM's Secrets: How can digital badges improve your training metrics?Learn IBM's Secrets: How can digital badges improve your training metrics?
Learn IBM's Secrets: How can digital badges improve your training metrics?
 
Rocket-Hire Talent Assessment Market Overview 2014-2015
Rocket-Hire Talent Assessment Market Overview 2014-2015Rocket-Hire Talent Assessment Market Overview 2014-2015
Rocket-Hire Talent Assessment Market Overview 2014-2015
 
Bcg good
Bcg goodBcg good
Bcg good
 
The Innovators
The InnovatorsThe Innovators
The Innovators
 
The Role of Diversity in Innovation
The Role of Diversity in InnovationThe Role of Diversity in Innovation
The Role of Diversity in Innovation
 
Merisis advisors - Investment activity in the technology sector in 2013
Merisis advisors - Investment activity in the technology sector in 2013Merisis advisors - Investment activity in the technology sector in 2013
Merisis advisors - Investment activity in the technology sector in 2013
 
The revolutionary companies to watch 2021
The revolutionary companies to watch 2021The revolutionary companies to watch 2021
The revolutionary companies to watch 2021
 
Venture Path
Venture PathVenture Path
Venture Path
 
Keeping Pace - Government's technology transformation
Keeping Pace - Government's technology transformationKeeping Pace - Government's technology transformation
Keeping Pace - Government's technology transformation
 
Tata Consultancy Services
Tata Consultancy ServicesTata Consultancy Services
Tata Consultancy Services
 
Maximizing AI Investments | Accenture
Maximizing AI Investments | AccentureMaximizing AI Investments | Accenture
Maximizing AI Investments | Accenture
 
Business Development Operational Streams by Elijah Ezendu
Business Development Operational Streams by Elijah EzenduBusiness Development Operational Streams by Elijah Ezendu
Business Development Operational Streams by Elijah Ezendu
 
Capgemini
CapgeminiCapgemini
Capgemini
 
Accelerating Digital Transformation through People: Saudi Aramco and GE
Accelerating Digital Transformation through People: Saudi Aramco and GEAccelerating Digital Transformation through People: Saudi Aramco and GE
Accelerating Digital Transformation through People: Saudi Aramco and GE
 
The Future of Asset Management: Building Business Models and Strategies for 2025
The Future of Asset Management: Building Business Models and Strategies for 2025The Future of Asset Management: Building Business Models and Strategies for 2025
The Future of Asset Management: Building Business Models and Strategies for 2025
 
The corporate venture dilemma: business unit vs spin-off.
The corporate venture dilemma: business unit vs spin-off.The corporate venture dilemma: business unit vs spin-off.
The corporate venture dilemma: business unit vs spin-off.
 

Viewers also liked

Measure Marketing Like It's 2016: A Guided Tour of the Newest Tools & Techniques
Measure Marketing Like It's 2016: A Guided Tour of the Newest Tools & TechniquesMeasure Marketing Like It's 2016: A Guided Tour of the Newest Tools & Techniques
Measure Marketing Like It's 2016: A Guided Tour of the Newest Tools & TechniquesOrigami Logic
 
Taming the Marketing Data Beast | Origami Logic Marketing Graph Webinar
Taming the Marketing Data Beast | Origami Logic Marketing Graph WebinarTaming the Marketing Data Beast | Origami Logic Marketing Graph Webinar
Taming the Marketing Data Beast | Origami Logic Marketing Graph WebinarOrigami Logic
 
3 Ways Brands Can Tackle the Media Transparency Challenge
3 Ways Brands Can Tackle the Media Transparency Challenge3 Ways Brands Can Tackle the Media Transparency Challenge
3 Ways Brands Can Tackle the Media Transparency ChallengeOrigami Logic
 
Pave the Path to Marketing Success with Forrester + Origami Logic
Pave the Path to Marketing Success with Forrester + Origami LogicPave the Path to Marketing Success with Forrester + Origami Logic
Pave the Path to Marketing Success with Forrester + Origami LogicOrigami Logic
 
Why You Need to Speak the Language of Marketing Performance
Why You Need to Speak the Language of Marketing PerformanceWhy You Need to Speak the Language of Marketing Performance
Why You Need to Speak the Language of Marketing PerformanceOrigami Logic
 
Daily Measurement: Marketing's New Secret Weapon
Daily Measurement: Marketing's New Secret WeaponDaily Measurement: Marketing's New Secret Weapon
Daily Measurement: Marketing's New Secret WeaponOrigami Logic
 
An Insider's Guide to Video Advertising
An Insider's Guide to Video AdvertisingAn Insider's Guide to Video Advertising
An Insider's Guide to Video AdvertisingOrigami Logic
 
How Top Brands Unify Social Measurement Across the Marketing Stack
How Top Brands Unify Social Measurement Across the Marketing StackHow Top Brands Unify Social Measurement Across the Marketing Stack
How Top Brands Unify Social Measurement Across the Marketing StackOrigami Logic
 
Citron hollowell
Citron hollowellCitron hollowell
Citron hollowellMediaPost
 
Adobe Summit - Data-Driven Marketing Attribution
Adobe Summit - Data-Driven Marketing AttributionAdobe Summit - Data-Driven Marketing Attribution
Adobe Summit - Data-Driven Marketing AttributionAdometry by Google
 
Marketing Attribution 101: Understanding Attribution and Calculating Cost of ...
Marketing Attribution 101: Understanding Attribution and Calculating Cost of ...Marketing Attribution 101: Understanding Attribution and Calculating Cost of ...
Marketing Attribution 101: Understanding Attribution and Calculating Cost of ...Kissmetrics on SlideShare
 
Top Strategies for Marketing Signal Measurement
Top Strategies for Marketing Signal MeasurementTop Strategies for Marketing Signal Measurement
Top Strategies for Marketing Signal MeasurementOrigami Logic
 
Change the Game - Get More From Digital.
Change the Game - Get More From Digital. Change the Game - Get More From Digital.
Change the Game - Get More From Digital. Subhendu Pattnaik
 
Presentation: Video killed the Radio Star. Will Mobile Kill the Desktop?
Presentation: Video killed the Radio Star. Will Mobile Kill the Desktop?Presentation: Video killed the Radio Star. Will Mobile Kill the Desktop?
Presentation: Video killed the Radio Star. Will Mobile Kill the Desktop?MediaPost
 
Keynote: It's More About Customers and Less About Channels
Keynote: It's More About Customers and Less About ChannelsKeynote: It's More About Customers and Less About Channels
Keynote: It's More About Customers and Less About ChannelsMediaPost
 
Realidad aumentada ximena lopez
Realidad aumentada ximena lopezRealidad aumentada ximena lopez
Realidad aumentada ximena lopezXimena Lopez
 
PresentationGGSSTP_Atul
PresentationGGSSTP_AtulPresentationGGSSTP_Atul
PresentationGGSSTP_AtulAtul Kataria
 
Tecnicas didacticas matriz
Tecnicas didacticas matrizTecnicas didacticas matriz
Tecnicas didacticas matrizAndrez Cacerez
 

Viewers also liked (20)

Measure Marketing Like It's 2016: A Guided Tour of the Newest Tools & Techniques
Measure Marketing Like It's 2016: A Guided Tour of the Newest Tools & TechniquesMeasure Marketing Like It's 2016: A Guided Tour of the Newest Tools & Techniques
Measure Marketing Like It's 2016: A Guided Tour of the Newest Tools & Techniques
 
Taming the Marketing Data Beast | Origami Logic Marketing Graph Webinar
Taming the Marketing Data Beast | Origami Logic Marketing Graph WebinarTaming the Marketing Data Beast | Origami Logic Marketing Graph Webinar
Taming the Marketing Data Beast | Origami Logic Marketing Graph Webinar
 
3 Ways Brands Can Tackle the Media Transparency Challenge
3 Ways Brands Can Tackle the Media Transparency Challenge3 Ways Brands Can Tackle the Media Transparency Challenge
3 Ways Brands Can Tackle the Media Transparency Challenge
 
Pave the Path to Marketing Success with Forrester + Origami Logic
Pave the Path to Marketing Success with Forrester + Origami LogicPave the Path to Marketing Success with Forrester + Origami Logic
Pave the Path to Marketing Success with Forrester + Origami Logic
 
Why You Need to Speak the Language of Marketing Performance
Why You Need to Speak the Language of Marketing PerformanceWhy You Need to Speak the Language of Marketing Performance
Why You Need to Speak the Language of Marketing Performance
 
Daily Measurement: Marketing's New Secret Weapon
Daily Measurement: Marketing's New Secret WeaponDaily Measurement: Marketing's New Secret Weapon
Daily Measurement: Marketing's New Secret Weapon
 
An Insider's Guide to Video Advertising
An Insider's Guide to Video AdvertisingAn Insider's Guide to Video Advertising
An Insider's Guide to Video Advertising
 
How Top Brands Unify Social Measurement Across the Marketing Stack
How Top Brands Unify Social Measurement Across the Marketing StackHow Top Brands Unify Social Measurement Across the Marketing Stack
How Top Brands Unify Social Measurement Across the Marketing Stack
 
Citron hollowell
Citron hollowellCitron hollowell
Citron hollowell
 
Adobe Summit - Data-Driven Marketing Attribution
Adobe Summit - Data-Driven Marketing AttributionAdobe Summit - Data-Driven Marketing Attribution
Adobe Summit - Data-Driven Marketing Attribution
 
Marketing Attribution 101: Understanding Attribution and Calculating Cost of ...
Marketing Attribution 101: Understanding Attribution and Calculating Cost of ...Marketing Attribution 101: Understanding Attribution and Calculating Cost of ...
Marketing Attribution 101: Understanding Attribution and Calculating Cost of ...
 
Top Strategies for Marketing Signal Measurement
Top Strategies for Marketing Signal MeasurementTop Strategies for Marketing Signal Measurement
Top Strategies for Marketing Signal Measurement
 
Change the Game - Get More From Digital.
Change the Game - Get More From Digital. Change the Game - Get More From Digital.
Change the Game - Get More From Digital.
 
Presentation: Video killed the Radio Star. Will Mobile Kill the Desktop?
Presentation: Video killed the Radio Star. Will Mobile Kill the Desktop?Presentation: Video killed the Radio Star. Will Mobile Kill the Desktop?
Presentation: Video killed the Radio Star. Will Mobile Kill the Desktop?
 
Keynote: It's More About Customers and Less About Channels
Keynote: It's More About Customers and Less About ChannelsKeynote: It's More About Customers and Less About Channels
Keynote: It's More About Customers and Less About Channels
 
Realidad aumentada ximena lopez
Realidad aumentada ximena lopezRealidad aumentada ximena lopez
Realidad aumentada ximena lopez
 
PresentationGGSSTP_Atul
PresentationGGSSTP_AtulPresentationGGSSTP_Atul
PresentationGGSSTP_Atul
 
Prepared statement
Prepared statementPrepared statement
Prepared statement
 
Andy fisher
Andy fisherAndy fisher
Andy fisher
 
Tecnicas didacticas matriz
Tecnicas didacticas matrizTecnicas didacticas matriz
Tecnicas didacticas matriz
 

Similar to The 'Truthiness' of Marketing Attribution

Oracle cg cx industry transformation for tahari
Oracle cg cx  industry transformation for tahariOracle cg cx  industry transformation for tahari
Oracle cg cx industry transformation for tahariChris Corrigan
 
Sales Portfolio & Forecasting System
Sales Portfolio & Forecasting SystemSales Portfolio & Forecasting System
Sales Portfolio & Forecasting SystemRobert Brown
 
Customer insight presentation s houston - boston march 2014
Customer insight presentation   s houston - boston march 2014Customer insight presentation   s houston - boston march 2014
Customer insight presentation s houston - boston march 2014Stuart Houston
 
How GetNinjas uses data to make smarter product decisions
How GetNinjas uses data to make smarter product decisionsHow GetNinjas uses data to make smarter product decisions
How GetNinjas uses data to make smarter product decisionsBernardo Srulzon
 
Attribution: Build, Model, Do
Attribution: Build, Model, DoAttribution: Build, Model, Do
Attribution: Build, Model, DoRakuten Marketing
 
Gerent spotlight - Reinventing the Insurance Customer Journey
Gerent spotlight - Reinventing the Insurance Customer JourneyGerent spotlight - Reinventing the Insurance Customer Journey
Gerent spotlight - Reinventing the Insurance Customer JourneyThe Digital Insurer
 
Big Data LDN 2017: Advanced Analytics Applied to Marketing Attribution
Big Data LDN 2017: Advanced Analytics Applied to Marketing AttributionBig Data LDN 2017: Advanced Analytics Applied to Marketing Attribution
Big Data LDN 2017: Advanced Analytics Applied to Marketing AttributionMatt Stubbs
 
Strategic Loyalty Design - Manu Sarna
Strategic Loyalty Design - Manu SarnaStrategic Loyalty Design - Manu Sarna
Strategic Loyalty Design - Manu SarnaManu Sarna
 
Does Your Online Experiences Meet Your Customer Expectations
Does Your Online Experiences Meet Your Customer ExpectationsDoes Your Online Experiences Meet Your Customer Expectations
Does Your Online Experiences Meet Your Customer Expectationsindeuppal
 
Getting attribution right
Getting attribution rightGetting attribution right
Getting attribution right55 | fifty-five
 
Realizing the benefits of Digital Transformation
Realizing the benefits of Digital TransformationRealizing the benefits of Digital Transformation
Realizing the benefits of Digital TransformationSymptai Consulting Limited
 
Closing the Programmatic Loop
Closing the Programmatic LoopClosing the Programmatic Loop
Closing the Programmatic LoopMediaPost
 
Build an AI Roadmap and Win the Consumer Goods Intelligence Race
Build an AI Roadmap and Win the Consumer Goods Intelligence RaceBuild an AI Roadmap and Win the Consumer Goods Intelligence Race
Build an AI Roadmap and Win the Consumer Goods Intelligence RaceGib Bassett
 
Adam Sharp - Funnel 16-9-2013
Adam Sharp - Funnel 16-9-2013Adam Sharp - Funnel 16-9-2013
Adam Sharp - Funnel 16-9-2013CleverTouch
 
The successful analytics organization - Epsilon and Transamerica, LIMRA Data ...
The successful analytics organization - Epsilon and Transamerica, LIMRA Data ...The successful analytics organization - Epsilon and Transamerica, LIMRA Data ...
The successful analytics organization - Epsilon and Transamerica, LIMRA Data ...Epsilon Marketing
 
Break through the Analytics Barrier
Break through the Analytics BarrierBreak through the Analytics Barrier
Break through the Analytics BarrierCognizant
 
4 ways to improve your customer performance measurement
4 ways to improve your customer performance measurement4 ways to improve your customer performance measurement
4 ways to improve your customer performance measurementObservePoint
 
Atomic 212 & Google Analytics 360 Event - The Value in Data
Atomic 212 & Google Analytics 360 Event - The Value in DataAtomic 212 & Google Analytics 360 Event - The Value in Data
Atomic 212 & Google Analytics 360 Event - The Value in DataTom Sheppard
 
Buyer Persona Myth Presentation Final
Buyer Persona Myth Presentation FinalBuyer Persona Myth Presentation Final
Buyer Persona Myth Presentation FinalJonathan Vlock
 

Similar to The 'Truthiness' of Marketing Attribution (20)

Oracle cg cx industry transformation for tahari
Oracle cg cx  industry transformation for tahariOracle cg cx  industry transformation for tahari
Oracle cg cx industry transformation for tahari
 
Sales Portfolio & Forecasting System
Sales Portfolio & Forecasting SystemSales Portfolio & Forecasting System
Sales Portfolio & Forecasting System
 
Customer insight presentation s houston - boston march 2014
Customer insight presentation   s houston - boston march 2014Customer insight presentation   s houston - boston march 2014
Customer insight presentation s houston - boston march 2014
 
How GetNinjas uses data to make smarter product decisions
How GetNinjas uses data to make smarter product decisionsHow GetNinjas uses data to make smarter product decisions
How GetNinjas uses data to make smarter product decisions
 
Attribution: Build, Model, Do
Attribution: Build, Model, DoAttribution: Build, Model, Do
Attribution: Build, Model, Do
 
Gerent spotlight - Reinventing the Insurance Customer Journey
Gerent spotlight - Reinventing the Insurance Customer JourneyGerent spotlight - Reinventing the Insurance Customer Journey
Gerent spotlight - Reinventing the Insurance Customer Journey
 
Big Data LDN 2017: Advanced Analytics Applied to Marketing Attribution
Big Data LDN 2017: Advanced Analytics Applied to Marketing AttributionBig Data LDN 2017: Advanced Analytics Applied to Marketing Attribution
Big Data LDN 2017: Advanced Analytics Applied to Marketing Attribution
 
Strategic Loyalty Design - Manu Sarna
Strategic Loyalty Design - Manu SarnaStrategic Loyalty Design - Manu Sarna
Strategic Loyalty Design - Manu Sarna
 
Does Your Online Experiences Meet Your Customer Expectations
Does Your Online Experiences Meet Your Customer ExpectationsDoes Your Online Experiences Meet Your Customer Expectations
Does Your Online Experiences Meet Your Customer Expectations
 
Getting attribution right
Getting attribution rightGetting attribution right
Getting attribution right
 
Realizing the benefits of Digital Transformation
Realizing the benefits of Digital TransformationRealizing the benefits of Digital Transformation
Realizing the benefits of Digital Transformation
 
Closing the Programmatic Loop
Closing the Programmatic LoopClosing the Programmatic Loop
Closing the Programmatic Loop
 
Build an AI Roadmap and Win the Consumer Goods Intelligence Race
Build an AI Roadmap and Win the Consumer Goods Intelligence RaceBuild an AI Roadmap and Win the Consumer Goods Intelligence Race
Build an AI Roadmap and Win the Consumer Goods Intelligence Race
 
Adam Sharp - Funnel 16-9-2013
Adam Sharp - Funnel 16-9-2013Adam Sharp - Funnel 16-9-2013
Adam Sharp - Funnel 16-9-2013
 
The successful analytics organization - Epsilon and Transamerica, LIMRA Data ...
The successful analytics organization - Epsilon and Transamerica, LIMRA Data ...The successful analytics organization - Epsilon and Transamerica, LIMRA Data ...
The successful analytics organization - Epsilon and Transamerica, LIMRA Data ...
 
Break through the Analytics Barrier
Break through the Analytics BarrierBreak through the Analytics Barrier
Break through the Analytics Barrier
 
4 ways to improve your customer performance measurement
4 ways to improve your customer performance measurement4 ways to improve your customer performance measurement
4 ways to improve your customer performance measurement
 
Sf mma forum keynote
Sf mma forum keynoteSf mma forum keynote
Sf mma forum keynote
 
Atomic 212 & Google Analytics 360 Event - The Value in Data
Atomic 212 & Google Analytics 360 Event - The Value in DataAtomic 212 & Google Analytics 360 Event - The Value in Data
Atomic 212 & Google Analytics 360 Event - The Value in Data
 
Buyer Persona Myth Presentation Final
Buyer Persona Myth Presentation FinalBuyer Persona Myth Presentation Final
Buyer Persona Myth Presentation Final
 

Recently uploaded

The Evolution of Internet : How consumers use technology and its impact on th...
The Evolution of Internet : How consumers use technology and its impact on th...The Evolution of Internet : How consumers use technology and its impact on th...
The Evolution of Internet : How consumers use technology and its impact on th...sowmyrao14
 
15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing Strategy15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing StrategyBlue Atlas Marketing
 
Fiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview AssignmentFiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview AssignmentFarrel Brest
 
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...LazarinaStoyanova
 
From Chance to Choice - Tactical Link Building for International SEO
From Chance to Choice - Tactical Link Building for International SEOFrom Chance to Choice - Tactical Link Building for International SEO
From Chance to Choice - Tactical Link Building for International SEOSzymon Słowik
 
What’s the difference between Affiliate Marketing and Brand Partnerships?
What’s the difference between Affiliate Marketing and Brand Partnerships?What’s the difference between Affiliate Marketing and Brand Partnerships?
What’s the difference between Affiliate Marketing and Brand Partnerships?Partnercademy
 
2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local Leads2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local LeadsSearch Engine Journal
 
5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software Solutions5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software SolutionsDevherds Software Solutions
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignnersmuntasibkhan58
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...Hugues Rey
 
Common Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic CreativityCommon Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic CreativityMonishka Adhikari
 
Unlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingUnlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingDaniel
 
Infographics about SEO strategies and uses
Infographics about SEO strategies and usesInfographics about SEO strategies and uses
Infographics about SEO strategies and usesbhavanirupeshmoksha
 
Michael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisMichael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisjunaid794917
 
Exploring Web 3.0 Growth marketing: Navigating the Future of the Internet
Exploring Web 3.0 Growth marketing: Navigating the Future of the InternetExploring Web 3.0 Growth marketing: Navigating the Future of the Internet
Exploring Web 3.0 Growth marketing: Navigating the Future of the Internetnehapardhi711
 
Understanding the Affiliate Marketing Channel; the short guide
Understanding the Affiliate Marketing Channel; the short guideUnderstanding the Affiliate Marketing Channel; the short guide
Understanding the Affiliate Marketing Channel; the short guidePartnercademy
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessLiv Day
 
Introduction to marketing Management Notes
Introduction to marketing Management NotesIntroduction to marketing Management Notes
Introduction to marketing Management NotesKiranTiwari42
 
Digital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G AgeDigital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G AgeDigiKarishma
 
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...CIO Business World
 

Recently uploaded (20)

The Evolution of Internet : How consumers use technology and its impact on th...
The Evolution of Internet : How consumers use technology and its impact on th...The Evolution of Internet : How consumers use technology and its impact on th...
The Evolution of Internet : How consumers use technology and its impact on th...
 
15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing Strategy15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing Strategy
 
Fiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview AssignmentFiverr's Product Marketing Interview Assignment
Fiverr's Product Marketing Interview Assignment
 
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
When to use Machine Learning Models in SEO and Which ones to use - Lazarina S...
 
From Chance to Choice - Tactical Link Building for International SEO
From Chance to Choice - Tactical Link Building for International SEOFrom Chance to Choice - Tactical Link Building for International SEO
From Chance to Choice - Tactical Link Building for International SEO
 
What’s the difference between Affiliate Marketing and Brand Partnerships?
What’s the difference between Affiliate Marketing and Brand Partnerships?What’s the difference between Affiliate Marketing and Brand Partnerships?
What’s the difference between Affiliate Marketing and Brand Partnerships?
 
2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local Leads2024's Top PPC Tactics: Triple Your Google Ads Local Leads
2024's Top PPC Tactics: Triple Your Google Ads Local Leads
 
5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software Solutions5 Digital Marketing Tips | Devherds Software Solutions
5 Digital Marketing Tips | Devherds Software Solutions
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignners
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
 
Common Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic CreativityCommon Culture: Paul Willis Symbolic Creativity
Common Culture: Paul Willis Symbolic Creativity
 
Unlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingUnlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate Marketing
 
Infographics about SEO strategies and uses
Infographics about SEO strategies and usesInfographics about SEO strategies and uses
Infographics about SEO strategies and uses
 
Michael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysisMichael Kors marketing assignment swot analysis
Michael Kors marketing assignment swot analysis
 
Exploring Web 3.0 Growth marketing: Navigating the Future of the Internet
Exploring Web 3.0 Growth marketing: Navigating the Future of the InternetExploring Web 3.0 Growth marketing: Navigating the Future of the Internet
Exploring Web 3.0 Growth marketing: Navigating the Future of the Internet
 
Understanding the Affiliate Marketing Channel; the short guide
Understanding the Affiliate Marketing Channel; the short guideUnderstanding the Affiliate Marketing Channel; the short guide
Understanding the Affiliate Marketing Channel; the short guide
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise Success
 
Introduction to marketing Management Notes
Introduction to marketing Management NotesIntroduction to marketing Management Notes
Introduction to marketing Management Notes
 
Digital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G AgeDigital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G Age
 
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...
 

The 'Truthiness' of Marketing Attribution

  • 1. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.1 The Truthiness of Marketing Attribution Benefits, Drawbacks, and the Criticality of a Strong Data Foundation
  • 2. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.2 Today’s Speaker Matt Jacobs VP, Strategic Marketing Origami Logic
  • 3. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.3 73%of CEOs think their CMOs lack business credibility and aren’t the business growth generators they should be 80%of CEOs claim they’ve lost trust in their marketers Source: http://chiefexecutive.net/are-cmos-unfit-for-the-job-how-the-ceo-can-make-a-difference/
  • 4. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.4 •  More channels •  More tools •  More data •  ROI demands
  • 5. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.5 Attribution is so hot right now
  • 6. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.6 Brands are trying to answer two critical questions Marketers are securing budgets for Attribution and Marketing Mix Modeling (MMM) in hopes of answering the following: 1. Which channels are driving sales? 2. How should budget be allocated across channels to maximize sales?
  • 7. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.7 According to an IDG survey, many execs worry about challenges holding back their attribution efforts More resources are going into analytics tools Attribution is a BIG focus, but the prerequisites are often a bigger problem mentioned data collection and accuracy point to reporting, accountability and accuracy said staff skills were problematic %   50  %   59   %   56   Sources: emarketer, IDG “Executives Reveal Potential Pain Points of Marketing Attribution” – Oct 2015
  • 8. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.8 What’s challenging about attribution?
  • 9. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.9 What are brands trying to accomplish with attribution? The answer can be framed in two ways 1. What are attribution products designed to do today? 2. What are marketers trying to use attribution products for beyond what they’re designed to do? Assign an influence value or “credit” to marketing channels or touch points •  Obtain a unified view of the customer purchase path across as many channels as possible •  Analyze cross-channel behaviors to understand the customer journey (“speed to insight”) •  Leverage the data to fuel interaction strategies – e.g., RTB, personalization, etc. (“instantly correct course”)
  • 10. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.10 What are brands trying to accomplish with attribution? The answer can be framed in two ways 1. What are attribution products designed to do today? 2. What are marketers trying to use attribution products for beyond what they’re designed to do? Assign an influence value or “credit” to marketing channels or touch points •  Obtain a unified view of the customer purchase path across as many channels as possible •  Analyze cross-channel behaviors to understand the customer journey (“speed to insight”) •  Leverage the data to fuel interaction strategies – e.g., RTB, personalization, etc. (“instantly correct course”) Why is this problematic?
  • 11. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.11 Attribution doesn’t address the problem (but claims to!) Recall the two critical questions marketers are securing budgets to address - and intend to use Attribution to answer: 1.  Which channels are driving sales? 2.  How should budget be allocated across channels to maximize sales? Here’s the rub: attribution cannot answer these questions! Let’s illustrate why…
  • 12. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.12 Most attribution vendors fail to capture reality Apportioning credit to the parts before understanding the whole will often result in the wrong answer 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Most Attribution Vendors Reality Brand Sales (direct + channel) TV Print Radio WOM PPC Email Display Social Sponsorships Conversions are influenced by many other channels PPC Email Display Social Digital Sponsorships
  • 13. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.13 What ALL attribution vendors get wrong Just because a channel was measurably involved doesn’t mean that channel deserves credit! PSA Display Conversions (Attribution) What’s typically credited Display Conversions (Reality) Naturally occurring conversions that should NOT be credited Incremental conversions that should be credited Display Example (illustrative) Giving 100% credit is deeply flawed
  • 14. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.14 Now you know why most of this doesn’t matter 0% 0% 0% 100% $$ 25% 25% 25% 25% $$ 35% 15% 15% 35% $$ 50% 25% 15% 10% $$ 20% 45% 30% 5% $$ 40% 10% 35% 15% $$ Last touch Even weighting U-based (first , last, middle) Path position Attribution pattern Custom attribution TBD TBD TBD TBD TBDAlgorithmic attribution
  • 15. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.15 Now you know why most of this doesn’t matter 0% 0% 0% 100% $$ 25% 25% 25% 25% $$ 35% 15% 15% 35% $$ 50% 25% 15% 10% $$ 20% 45% 30% 5% $$ 40% 10% 35% 15% $$ Last touch Even weighting U-based (first , last, middle) Path position Attribution pattern Custom attribution TBD TBD TBD TBD TBDAlgorithmic attribution If you can’t assess lift because the methods you’re using are inherently wrong, apportioning credit is pointless (and worse than useless)
  • 16. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.16 There’s another skeleton in the closet... Attribution is typically focused on short-term effects and time horizons that are too small to matter Attribution is often conducted monthly or quarterly, and predominantly relies on cookie data, thus 1.  Limiting the richness of the data set 2.  Skewing results to short-term effects Makes it difficult to accurately attribute the importance of online touchpoints Biases marketers to allocate budget towards short- term initiatives Those short-term effects typically comprise 10% - 20% of total sales. The brand – a longer-term asset – accounts for the rest Let’s illustrate why that’s problematic…
  • 17. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.17 There’s another skeleton in the closet... (continued) When the output of attribution is biased towards short-term effects, the marketing team will maniacally focus on maximizing those drivers (with attribution, that typically means digital channels) If they work really, really hard, their results might increase sales by 10% (among 20% of buyers) This situation – which is not an uncommon outcome after attribution – could be remedied with models that account for short and long-term effects, but attribution is not natively set up to accomplish that Attribution can be valuable for surgical micro-changes in select channels, but is not conducive to large budget or channel mix changes (unless you want to lose your job!) %  of  Sales %  Increase  from   Op2miza2on %  Increase  in  Sales Short-­‐term  effects 20% 10% 2.0% Long-­‐term  effects 80% -­‐5% -­‐4.0% Losing focus on the other 80% can generate a net loss for the business!
  • 18. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.18 Maturity Path: Prerequisites to Attribution
  • 19. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.19 Everything begins with a strong data foundation Multiple steps must be taken to understand MROI and gain the agility to leverage outputs from attribution When to use over time LowMaturityRequiredHigh GET A HOLISTIC, “ALWAYS ON” VIEW OF PERFORMANCE •  Automate multi-channel measurement (collect, cleanse, categorize, structure, enhance, harmonize) •  Harness multi-channel and audience data to develop reporting and establish org-wide knowledge •  Conduct exploratory analyses, create hypotheses for testing ASSESS AND DETERMINE LIFT •  Conduct channel and audience tests to quantify naturally occurring conversion volumes •  Test investment allocations and understand outputs before attempting Attribution or MMM •  Observe effects across channels to develop new testing hypotheses ESTABLISH YOUR DATA FOUNDATION AND MEASUREMENT FRAMEWORK •  Complete a measurement plan and data flow schematic for all key touch points in the customer journey •  Implement measurement to assess individual channel performance •  Expand measurement to additional channels, leveraging tag management and data distribution utilities as needed 3 2 1
  • 20. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.20 Marketing measurement and optimization is required thereafter… Signals from all channels are brought into a solution and organized into a marketing context. Validation, gap filling, back-fetching, and other activities are conducted to further refine the data Data is then enriched and harmonized. Tagging, comparisons, adaptive aggregations, calculations, and segmentation are completed Results are expressed via story feeds, dashboards and other visualizations. Search, filtration, collaboration, altering and notifications
  • 21. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.21 Where different approaches complement one another Comprehensive Marketing Performance Management Data Collection and Refinement (collect, cleanse, categorize, customize, and harmonize all marketing data) Analysis and Exploration (channels, campaigns, creatives, audiences) Data Activation (alerting, reporting, dashboards, visualization) Factors in all channels? Uses algorithms/rules to assign “credit” to channels? Can simulate outcomes at different investment levels? Calculates interaction effects between channels? Designed for frequent use throughout Marketing? Creates a unified view of customer interactions (user level) Informs personalization and customer engagement efforts Capable of acting on interaction strategies (testing, RTB, etc.) Marke2ng  Mix   Modeling Marke2ng   Measurement  &   Op2miza2on AIribu2on  
  • 22. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.22 How sophisticated does your organization need to be? Low Required Analytical Maturity of Marketing Org. High LowCost,Effort,andTime*RequiredHigh * Time = time to implement and time to results Marketing Measurement & Optimization Attribution MMM
  • 23. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.23 How actionable and frequent are the outputs? Low How actionable are results / efforts? . High LowFrequencyofUse`High Marketing Measurement & Optimization Attribution MMM
  • 24. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.24 What’s the sweat-to-equity for each approach? Low How actionable are results / efforts? . High LowCost,Effort,andTime*RequiredHigh Marketing Measurement & Optimization Attribution MMM * Time = time to implement and time to results
  • 25. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.25 Where is this all heading? 1.  Marketing signal measurement will continue to evolve as the core data and reporting foundation for marketers •  Enhanced data collection, customization, harmonization, exploration and visualization •  Reconciliation for attribution and MMM •  Data exhaust as fuel for mix modeling 2.  Attribution and MMM advancements will address historical shortcomings •  Better integration for offline and mobile data •  Reduced focus on “crediting,” and more on providing a unified view of the customer journey •  Convergence of multiple capabilities (e.g., attribution, MMM, testing, ad tech, etc.) •  Blended analytical approaches will become the new norm
  • 26. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.26 About Origami Logic Helping Global Brands Master Their Marketing Performance Tier-1 Investors Experienced Leaders & Domain Expertise Rapid Deployment with Smart Services Agility with Daily Insights Search and Organize with Dynamic Data Model Unify All Campaign Performance Data Our Platform
  • 27. © Origami Logic, Inc. Proprietary and confidential. Not for redistribution.27 Thank You www.origamilogic.com | info@origamilogic.com