SlideShare a Scribd company logo
1 of 25
Why Your Competitors Hope You Stay on
Last-Click
Presented by Joe Yakuel, CEO of Agency Within
Enterprise Brands We Optimize
22WWW.AGENCYWITHIN.COM
OUR AGENDA
01 02 03
HOW WE HELP OUR
CLIENTS TAKE
ADVANTAGE
WHY LAST CLICK
ATTRIBUTION BIASES
YOUR MEDIA MIX
THE RESULTS: MORE
PROFIT $$$
33WWW.AGENCYWITHIN.COM
ATTRIBUTION IS HARD!
44WWW.AGENCYWITHIN.COM
LAST CLICK IS
EASY…
BUT VERY FLAWED
PROS
De-duplication of marketing channels
✚
Simple & easy to understand
✚
Provides a performance KPI for each
channel
CONS
No credit for view through or cross device
activity
✚
Bias to short time lag / intent driven channels
✚
Upper funnel channels do not have a chance
to prove value & scale
✚
Forces inefficient budget allocation decisions
55WWW.AGENCYWITHIN.COM
DOES IT REALLY MAKE A DIFFERENCE?
Performance will look very different
depending on which “source of truth”
you use:
▪ On average, revenue attributed to
Facebook ads is reported 5X higher in
Facebook than according to Google
Analytics
▪ GA loses visibility into view-through
conversions, as well as cross-device
activity
Before you can adjust your media mix to
make more money, you need to
accurately gauge platform performance
✚
✚
SALES@AGENCYWITHIN.COM
66WWW.AGENCYWITHIN.COM
ESTABLISH CROSS-CHANNEL ATTRIBUTION
PROPER AUDIENCE
SEGMENTATION
Separate incoming users in all
channels into like buckets
COMPARE
PERFORMANCE
ACROSS CHANNELS
Analyze return from like
buckets in different channels
FIND APPROPRIATE
LOOKBACK WINDOWS
By audience, device, channel
and interaction (view vs. click)
ALLOCATE BUDGET
ACCORDINGLY!
77WWW.AGENCYWITHIN.COM
Channel Mix Shifts
Revenue Increased by 587% YoY in
Q4 with spend increasing by 44%
Shift in Media Spend by Device
CHANGES IN MEDIA MIX
Revenue from mobile devices increased
588% after making this change.
88WWW.AGENCYWITHIN.COM
Revenue from mobile
devices increased
33% YoY after
adopting this strategy
Customers acquired
from social channels
increased 28% while
CPA dropped 27% YoY
Shift in Media Spend by DeviceChannel Mix Shifts
CHANGES IN MEDIA MIX
99WWW.AGENCYWITHIN.COM
Customers acquired
from social
increased 37% while
improving channel
ROI by 7%
Revenue from
mobile devices
increased 31%
after adopting
this strategy
Shift in Media
Spend by Device
Channel
Mix Shifts
CHANGES IN MEDIA MIX
1010WWW.AGENCYWITHIN.COM
Marginal Bidding > Average Bidding
Campaign A Campaign B
$1 $15
$2 $16
$3 $17
$4 $20
$5 $22
$6 $22
$7 $24
$12 $25
$25 $26
$35 $34
Campaign A Campaign B
$1 $15
$2 $16
$3 $17
$4 $20
$5 $22
$6 $22
$7 $24
$12 $25
$25 $26
$35 $34
Campaign Cost Conversio
n
CPA Revenue Profit
A $176 11 $16 $440 $264
B $48 3 $16 $120 $72
Total $224 14 $16 $560 $336
Campaign cost Conversion CPA Revenue Profit
A $63 8 $7.88 $320 $257
B $161 8 $20.13 $320 $159
Total $224 16 $16 $640 $416
Average Marginal
Acquired customer Unacquired customer Profit difference
1212WWW.AGENCYWITHIN.COM
ROAS
Return On Advertising Spend
57% increase in
revenue on 17%
increase in ROAS
84% increase in
revenue on 39%
increase in ROAS
YouTube Facebook
Results
Display retargeting decreases as a portion of portfolio by 44%
1313WWW.AGENCYWITHIN.COM
KEY TAKEAWAYS
02
This encourages
misallocation of budget and
creates arbitrage
opportunities for your
competitors
Using last click attribution
under-values upper funnel
channels
With proper audience
segmentation and lookback
windows, you can
accurately value your
channel/audience
combinations
01
Re-allocation of budget
based on incrementality
results in significant
increases in ROI.
0403
1414WWW.AGENCYWITHIN.COM
The massive shift to visual communication
The monumental shift in the way we communicate has
placed a higher premium on creative than ever before.
-Best practices are
changing on a daily
basis
-Formats are in
constant flux
-Survival means
capturing attention
while still building a
consistent brand
1515WWW.AGENCYWITHIN.COM
There’s only value. You either create it or you don’t. By collapsing
brand awareness and direct-response into the same objective,
companies create opportunity for rapid growth in the short term
and strengthen their brand to create lifetime value.
Traditional companies treat performance and branding as mutually
exclusive objectives.
Mobile and paid social have leveled the playing field making:
every touchpoint a performance + branding opportunity
There is no funnel
anymore
$
Brand
awareness, creativity,
audience
Performance
action, data, shopper
1616WWW.AGENCYWITHIN.COM
Always On: Iterative Learning
Data frames the problem. Creative solves the problem.
Everything we do is informed by data and rigorous testing to find what
works, but more importantly what doesn’t.
We continuously monitor performance during campaign cycles to inform
real time creative changes.
Our Process
1
Rapid Concepting
& Prototyping
Test & Learn Repeat
01 02 03
1717WWW.AGENCYWITHIN.COM
Volume of curated options to build performance
creative at scale.
● Instead of shooting one idea or concept, shoot
volume to construct multiple iterations in post.
● Test multiple variations of the same content in order
to identify the best performing ad set.
● Repeat the process at scale in-order to drive
monetization through performance-based video.
Modular Content
Creation
The new narrative:
Telling stories in 12 sec or less.
Then: Now:
Story arcs Visual concepts
Single aspect
ratio to consider
(wide/TV)
Framing must be
used as a device
(square/vert/mobile)
Static production
process
focussed on one
sequence
Fluid process
designed for
multiple variations
1919
Performance and brand
aren’t mutually exclusive
2020WWW.AGENCYWITHIN.COM
Creating for the speed of feed
2121WWW.AGENCYWITHIN.COM
In-feed Landing Page
-Tell a more cohesive &
in-depth product story
-Establish brand while
pushing for conversion
-Built for mobile
-Test more, learn more,
win more
Creating a seamless journey from in-feed
to cart using landing page experiences.
2222
In-feed
Landing Page
Another example seamless journey from in-feed
to cart using landing page experiences.
2323
THANK YOU
CONTACT
(844) 494 8446
sales@agencywithin.com
www.agencywithin.com
43-01 22nd St, Suite 503
Long Island City, NY 10001

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Agency Within - 2019 Sponsor Breakfast Presentation

  • 1. Why Your Competitors Hope You Stay on Last-Click Presented by Joe Yakuel, CEO of Agency Within
  • 2. Enterprise Brands We Optimize 22WWW.AGENCYWITHIN.COM
  • 3. OUR AGENDA 01 02 03 HOW WE HELP OUR CLIENTS TAKE ADVANTAGE WHY LAST CLICK ATTRIBUTION BIASES YOUR MEDIA MIX THE RESULTS: MORE PROFIT $$$ 33WWW.AGENCYWITHIN.COM
  • 5. LAST CLICK IS EASY… BUT VERY FLAWED PROS De-duplication of marketing channels ✚ Simple & easy to understand ✚ Provides a performance KPI for each channel CONS No credit for view through or cross device activity ✚ Bias to short time lag / intent driven channels ✚ Upper funnel channels do not have a chance to prove value & scale ✚ Forces inefficient budget allocation decisions 55WWW.AGENCYWITHIN.COM
  • 6. DOES IT REALLY MAKE A DIFFERENCE? Performance will look very different depending on which “source of truth” you use: ▪ On average, revenue attributed to Facebook ads is reported 5X higher in Facebook than according to Google Analytics ▪ GA loses visibility into view-through conversions, as well as cross-device activity Before you can adjust your media mix to make more money, you need to accurately gauge platform performance ✚ ✚ SALES@AGENCYWITHIN.COM 66WWW.AGENCYWITHIN.COM
  • 7. ESTABLISH CROSS-CHANNEL ATTRIBUTION PROPER AUDIENCE SEGMENTATION Separate incoming users in all channels into like buckets COMPARE PERFORMANCE ACROSS CHANNELS Analyze return from like buckets in different channels FIND APPROPRIATE LOOKBACK WINDOWS By audience, device, channel and interaction (view vs. click) ALLOCATE BUDGET ACCORDINGLY! 77WWW.AGENCYWITHIN.COM
  • 8. Channel Mix Shifts Revenue Increased by 587% YoY in Q4 with spend increasing by 44% Shift in Media Spend by Device CHANGES IN MEDIA MIX Revenue from mobile devices increased 588% after making this change. 88WWW.AGENCYWITHIN.COM
  • 9. Revenue from mobile devices increased 33% YoY after adopting this strategy Customers acquired from social channels increased 28% while CPA dropped 27% YoY Shift in Media Spend by DeviceChannel Mix Shifts CHANGES IN MEDIA MIX 99WWW.AGENCYWITHIN.COM
  • 10. Customers acquired from social increased 37% while improving channel ROI by 7% Revenue from mobile devices increased 31% after adopting this strategy Shift in Media Spend by Device Channel Mix Shifts CHANGES IN MEDIA MIX 1010WWW.AGENCYWITHIN.COM
  • 11. Marginal Bidding > Average Bidding Campaign A Campaign B $1 $15 $2 $16 $3 $17 $4 $20 $5 $22 $6 $22 $7 $24 $12 $25 $25 $26 $35 $34 Campaign A Campaign B $1 $15 $2 $16 $3 $17 $4 $20 $5 $22 $6 $22 $7 $24 $12 $25 $25 $26 $35 $34 Campaign Cost Conversio n CPA Revenue Profit A $176 11 $16 $440 $264 B $48 3 $16 $120 $72 Total $224 14 $16 $560 $336 Campaign cost Conversion CPA Revenue Profit A $63 8 $7.88 $320 $257 B $161 8 $20.13 $320 $159 Total $224 16 $16 $640 $416
  • 12. Average Marginal Acquired customer Unacquired customer Profit difference 1212WWW.AGENCYWITHIN.COM
  • 13. ROAS Return On Advertising Spend 57% increase in revenue on 17% increase in ROAS 84% increase in revenue on 39% increase in ROAS YouTube Facebook Results Display retargeting decreases as a portion of portfolio by 44% 1313WWW.AGENCYWITHIN.COM
  • 14. KEY TAKEAWAYS 02 This encourages misallocation of budget and creates arbitrage opportunities for your competitors Using last click attribution under-values upper funnel channels With proper audience segmentation and lookback windows, you can accurately value your channel/audience combinations 01 Re-allocation of budget based on incrementality results in significant increases in ROI. 0403 1414WWW.AGENCYWITHIN.COM
  • 15. The massive shift to visual communication The monumental shift in the way we communicate has placed a higher premium on creative than ever before. -Best practices are changing on a daily basis -Formats are in constant flux -Survival means capturing attention while still building a consistent brand 1515WWW.AGENCYWITHIN.COM
  • 16. There’s only value. You either create it or you don’t. By collapsing brand awareness and direct-response into the same objective, companies create opportunity for rapid growth in the short term and strengthen their brand to create lifetime value. Traditional companies treat performance and branding as mutually exclusive objectives. Mobile and paid social have leveled the playing field making: every touchpoint a performance + branding opportunity There is no funnel anymore $ Brand awareness, creativity, audience Performance action, data, shopper 1616WWW.AGENCYWITHIN.COM
  • 17. Always On: Iterative Learning Data frames the problem. Creative solves the problem. Everything we do is informed by data and rigorous testing to find what works, but more importantly what doesn’t. We continuously monitor performance during campaign cycles to inform real time creative changes. Our Process 1 Rapid Concepting & Prototyping Test & Learn Repeat 01 02 03 1717WWW.AGENCYWITHIN.COM
  • 18. Volume of curated options to build performance creative at scale. ● Instead of shooting one idea or concept, shoot volume to construct multiple iterations in post. ● Test multiple variations of the same content in order to identify the best performing ad set. ● Repeat the process at scale in-order to drive monetization through performance-based video. Modular Content Creation
  • 19. The new narrative: Telling stories in 12 sec or less. Then: Now: Story arcs Visual concepts Single aspect ratio to consider (wide/TV) Framing must be used as a device (square/vert/mobile) Static production process focussed on one sequence Fluid process designed for multiple variations 1919
  • 20. Performance and brand aren’t mutually exclusive 2020WWW.AGENCYWITHIN.COM
  • 21. Creating for the speed of feed 2121WWW.AGENCYWITHIN.COM
  • 22. In-feed Landing Page -Tell a more cohesive & in-depth product story -Establish brand while pushing for conversion -Built for mobile -Test more, learn more, win more Creating a seamless journey from in-feed to cart using landing page experiences. 2222
  • 23. In-feed Landing Page Another example seamless journey from in-feed to cart using landing page experiences. 2323
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  • 25. THANK YOU CONTACT (844) 494 8446 sales@agencywithin.com www.agencywithin.com 43-01 22nd St, Suite 503 Long Island City, NY 10001