This leads us in to the third step which is, as much as possible, to think about the entire conversion path. “If social media is always that first touch in the user’s conversion path, it’s commercially critical. How do you take that and then factor that into your reporting?”
Finally, and perhaps the most interestingly, Duke suggests remodelling based on different attribution types.
4. Reattribution
“What would happen to performance of social, email, etc. if you were to reattribute all your transactions to their first interaction, not the last? What does that do to performance – does it improve performances or deflate it?” he asks. Duke concedes that Good Growth has reduced the conversion rate of affiliates from about 12% to 2%, “by just reattributing transactions away from the channel that takes the credit, and towards the channel that did the work, i.e. first touch.”
The workload like this whatsapp number list allows both the vendor and the affiliate to focus on. Clicks are the number of clicks coming to your website’s URL from organic search results.
With many companies clearly hampered by their focus on the wrong metrics – it seems a fresh perspective (and a change in strategy to reflect this) could be all that’s needed to help unlock growth.How Farfetch and Uswitch use data and automation to reach customers at the most relevant moment
The crux of good advertising, when you boil it right down, is about reaching customers with the right message at the right moment in time.
Of course, actually doing this is a lot easier said than done. However, in our ever-more-online world, we have more insight into where our customers are in their journey, how they are engaging with our brand, and when they might be in the market for a particular product or service. The challenge for marketers, therefore, lies in better understanding customers and using this information to reach them with the most relevant messaging.