Measurement is having what may be the biggest shake-up yet in 2024, with cookie deprecation looming, and AI and signals taking over from traditional attribution.
For anyone running Paid Media, particularly upper funnel Social or Brand campaigns, this might be worrying!
Amy shares practical ways to evolve measurement using 1st party data, with options for brands at both ends of the brand / performance spend spectrum. Plus, what 3rd party tools & new platform options are available to help you understand what impact your spend is having on business goals.
24. A quick word on what’s not
changed
1st party data
→ Platforms own their
own 1st party data
through PII graphs
On-platform
behaviour
→ Still able to learn
about opted-out
users’ interests and
behaviour
Ad eligibility
→ Still able to serve
ads to users even if
they’ve opted out
of targeted or
personalised ads
1 2 3
32. The journey to conversion is not linear
More research
77%
of consumers who made a
purchase decision needed
up to six months to decide
Sources: Google/Kantar, Consideration Study 2022 | Google-commissioned Ipsos Consumer Continuous 2022
33. The journey to conversion is not linear
More research
77%
of consumers who made a
purchase decision needed
up to six months to decide
More openness
47%
of consumers in surveyed
markets have purchased at
least one new brand they’ve
never bought before in the
past month
Sources: Google/Kantar, Consideration Study 2022 | Google-commissioned Ipsos Consumer Continuous 2022
35. Challenges
Proving cause
& effect
It’s not easy to
estimate the true
effects of marketing
interventions when
isolated from other
factors.
It takes time Siloed
thinking
36. Challenges
Proving cause
& effect
It’s not easy to
estimate the true
effects of marketing
interventions when
isolated from other
factors.
It takes time
We need to
continually balance
business decisions
that drive long-term
growth against the
short-term returns
required.
Siloed
thinking
37. Challenges
Proving cause
& effect
It’s not easy to
estimate the true
effects of marketing
interventions when
isolated from other
factors.
It takes time
We need to
continually balance
business decisions
that drive long-term
growth against the
short-term returns
required.
Siloed
thinking
Fragmented
approach and teams
lead to inconsistent
views and no clear
unified method.
38. Investing in marketing is
especially important
throughout times of crisis,
such as the current
recession.
40. Source: Les Binet and Peter Field
And avoids falling into
short-termism, alienating your
future audience
Sales uplift
over base
Time
Short term effects dominate - 6 months
Sales activation
Short-term sales uplift
Brand building
Long-term sales growth
Research shows that growth
comes from brand investments
41. Brand building is key to
long-term brand profitability
Field, P. (2018) Brands need building. Commercial Communications Council, New Zealand.
43. Solutions
Proving cause
and effect
Be aware of
limitations, but
gather quality
evidence to aid
decision-making.
It takes time
Find ways to
measure the long
term, today.
Siloed
thinking
44. Solutions
Proving cause
and effect
Be aware of
limitations, but
gather quality
evidence to aid
decision-making.
It takes time
Find ways to
measure the long
term, today.
Siloed
thinking
Work to shared
goals. Blend
longer-term
measurement &
short-term
attribution.
47. Example: Strategy on a slide
Drive
revenue
efficiently
Reach &
engage new
customers
Brand lift
New user
traffic
Revenue,
ROAS
OBJECTIVES KPIs
Cold
Hot
AUDIENCE
Warm
55. Lift Studies help quantify our impact
Help to understand
the impact of your
advertising on brand
awareness.
Brand Lift Conversion Lift
56. Lift Studies help quantify our impact
Help to understand
the impact of your
advertising on brand
awareness.
Understand the true
value of your ads at
driving incremental
sales / conversions
Conversion Lift
Brand Lift
69. ✅ short term
✅ accessible
❌ data-reliant
❌ simplistic
Attribution Measurement
70. ✅ short term
✅ accessible
❌ cookie-reliant
❌ simplistic
❌ longer-term
❌ can be costly
✅ privacy-proof*
✅ multi-channel
Attribution Measurement
71. In-platform DDA-based advertising will be working as efficiently as possible, assuming offline data import
and other hygiene factors are considered.
Media Effectiveness Maturity Journey
Ensure analytics and ad
data is clean and accurate
72. Determine the incremental effect of introducing new channels, testing new campaign
types, and activating in new geographies.
In-platform DDA-based advertising will be working as efficiently as possible, assuming offline data import
and other hygiene factors are considered.
Media Effectiveness Maturity Journey
Ensure analytics and ad
data is clean and accurate
Run platform experiments
73. Determine the incremental effect of introducing new channels, testing new campaign
types, and activating in new geographies.
Taking environmental and offline advertising impacts into account,
look at the sales contribution from all media activity.
In-platform DDA-based advertising will be working as efficiently as possible, assuming offline data import
and other hygiene factors are considered.
Media Effectiveness Maturity Journey
Ensure analytics and ad
data is clean and accurate
First media mix model
Run platform experiments
74. Determine the incremental effect of introducing new channels, testing new campaign
types, and activating in new geographies.
Taking environmental and offline advertising impacts into account,
look at the sales contribution from all media activity.
In-platform DDA-based advertising will be working as efficiently as possible, assuming offline data import
and other hygiene factors are considered.
Refine the model and process. Produce more realistic
forecasts. Start scenario planning with confidence.
Media Effectiveness Maturity Journey
Periodical experimentation
and model refinement
Ensure analytics and ad
data is clean and accurate
First media mix model
Run platform experiments
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