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Cross-Channel Digital Attribution
1.
PUBLIC Crispin Sheridan Digital and
Social Optimization | SAP Digital Marketing April 30, 2019 Cross-Channel Attribution
2.
2PUBLIC© 2019 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Agenda • Overview of Cross-channel Attribution • SAP’s Journey • Project overview • Key Learnings • KPIs
3.
it must start
with the customer
4.
4PUBLIC© 2019 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Attribution 101: A Relay Analogy Flawed Last Touch (Last-Click) Metrics Think of each media touch point as a runner in a relay race…. In “last-click” or “last-touch,” 100% of the credit would be given to the last runner crossing the finish line. The other runners (or media touchpoints) would not receive any credit for their assist in the win
5.
5PUBLIC© 2019 SAP
SE or an SAP affiliate company. All rights reserved. ǀ What is Cross-Channel Attribution ? The process of quantifying the impact of multiple marketing exposures and touch-points preceding a desired outcome.
6.
6PUBLIC© 2019 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Key Questions that Attribution Answers • How are my channels working together towards my business goals? • Understand the value of each digital touchpoint along the consumer journey and quantify its influence on driving conversions • Where do I spend my money? • Identify opportunities and redistribute spend between placements, keywords, publishers, etc. to maximize efficiency • In case of a budget change, how many conversions can I expect and what are the best places to invest in to achieve them? • Explore different what if scenarios in case of budget increases or cuts and output a detailed media plan with recommendations on areas that would allow best return on investment
7.
7PUBLIC© 2019 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Attribution Methodologies LAST CLICK converters only RULES-BASED converters only 100% 40% 40%10% 10% EVEN converters only 25% 25%25% 25% REGRESSION converters only 27% 38%3% 32% Convert Convert Convert Convert
8.
8PUBLIC© 2019 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Attribution Methodologies BASIC LIFT converters & non- converters Convert Convert Non-Convert ALGORITHMIC converters & non- converters Convert Convert Non-Convert 52% 46% 0% 38%0% 10% 0%0% 0% 0%100% 54% 24% 34%14% 28% 9% 30%27% 3%31% 13% 49%38%
9.
9PUBLIC© 2019 SAP
SE or an SAP affiliate company. All rights reserved. ǀ `Volume of Uniques ConversionRate Learnings: Broader Channel Exposure Improves Conversion Rates. Best Channel Mix is PO&E Demonstrative data only
10.
10PUBLIC© 2019 SAP
SE or an SAP affiliate company. All rights reserved. ǀ 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 0 10 20 30 40 50 ConversionRate Frequency of Exposure Frequency & Conversion Rate Learnings: Optimal # Touches for Conversion Rate frequency to conversion sweet spot: 7-17 Demonstrative data only
11.
11PUBLIC© 2019 SAP
SE or an SAP affiliate company. All rights reserved. ǀ Learnings: Shift in Performance by Channel Using True Attribution • Paid Media Channels are greatly under-reported in their influence over registration volumes using traditional Last-Click or Last Touch attribution methods. • Paid Search (+20%), Email (+75%), Display(+662%) and Paid Social have a strong influence in driving registrations PRIOR to the Last-Click media event 20% 75% 662% -3% 5% 15% -33% 98% -100% 0% 100% 200% 300% 400% 500% 600% 700% 0 200 400 600 800 1000 1200 1400 1600 Paid Search Email Display Paid Social Undefined Site Direct Other Referrer Organic Search Organic Social Paid Unpaid LAST CLICK VS ATTRIBUTED (TRUE) REGISTRATIONS conversions true_conversions % Change
12.
12PUBLIC© 2019 SAP
SE or an SAP affiliate company. All rights reserved. ǀ What we accomplished • We had a mandate to prove value to SAP from leveraging multi-touch algorithmic attribution modelling, AND show positive ROI from our investment • We had to prove ROI and value in the first year (i.e. short time-frame) • Paid-media was the ideal candidate, where we could show quantifiable savings & efficiencies Results To Date • € 1.136 MM pa. in media efficiencies (first year) • Generated ROI of 2.2X against a target of 1.5X • Delivered 43% in media savings and efficiencies, against target of 7%
13.
Contact information: Crispin Sheridan Digital
& Social Optimization SAP Inbound Marketing Channels and Digital Strategy Thank you.
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