In celebration of my webinar on Attribution 2021 – Back the Future- being done and in the books, I’m reposting this….
Why? Why does Google Analytics give us so many choices when it comes to attribution reporting?
The answer should be obvious. Death Match 2021. If you are an owner of a channel and responsible for its performance, you need a good defense. And your best defense, other than a big offense, is your attribution model. ‘What?’ you say.
A little more than a decade ago, attribution was a ‘big deal’. And by a big deal, I mean expensive and too hard to think about. And data scientists were scary. AND there were no data scientist jokes… (By data scientist jokes, I mean ‘A SQL query walks into a bar, walks up to two tables and asks “Can I join you?”’ Hilarious).
Okay, back then people who thought about attribution thought about the ‘purchase path’ in terms of categories of that path.
Where in the path was the click (or impression)? Was it at beginning, middle or end? Or to be more refined, was the interaction categorized as an Introducer, Influencer or a Closer.
Introducers – You meet Brand, Brand meet You
Things that get people to know you
Interactions that are common ‘Introducers’ are searches for general keywords, good banner ads, video and impressions.
If you are defending channels that drive Introducers, it would be good to start hanging out with these models:
Position Based (weighted more heavily for first interactions)
Influencers – Come on, everyone is doing it!
Things that encourage people to like or trust you
Interactions that are common ‘Influencers’ are anything that encourages a person they are doing the right thing, making the right decision – social, videos, retargeting.
Defending these Influencers- Buddy up with these models.
Linear (with exclusions)
Position Based (weighted more heavily for middle interactions)
Closers – Things that seal the deal
Branded Keywords – Don’t take a model to a last click fight
Direct – Come on dude. Stop ignoring (excluding) me.
My favorite closer models
Last interaction (including direct)
Time decay with a very short lookback window
So there are just a few. But there are more, and more granular classifications of where a channel falls along the purchase path. And pick your battles, and models, wisely.