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How to Do Conversion Attribution Modeling - ConversionXL

How to Do Conversion Attribution Modeling - ConversionXL | The MarTech Digest | Scoop.it
This post explored many models, from the basics that are default in GA, to Markov Models and the relative blackbox/robust model that premium Google Analytics and Attribution 360 use.

While it can be daunting, especially when faced with the prospect of having to use sophisticated statistical models in R to build out accurate models, remember this: attribution uses past information to help you make future optimization decisions.

For some businesses, really nailing last click attribution might help inform future decisions. For large multi-channel brands that have a large media spend – well, they might need a sophisticated data-driven model.
Marteq's insight:

An excellent discourse! Definitive.

 

From MarTech 101 to Advanced Techniques, marketingIO has you covered. Contact us. #MarTech #DigitalMarketing

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10 conversion metrics B2B marketers need to track - B2B News Network

10 conversion metrics B2B marketers need to track - B2B News Network | The MarTech Digest | Scoop.it

10 conversion goals to track

→ Social subscriptions 

→ Blog subscriptions 

→ Email marketing subscriptions 

→ Content views 

→ Web engagement 

→ Watch a product video 

→ Downloadable content 

→ Event registrations 

→ Contact forms 

→ Live chat sessions 

 

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Marteq's insight:

The only one that comes remotely close to revenue is Contact forms. If you want to feel good, go ahead and measure/report. If you want to have a seat at the table, link each contact directly to the role it played in revenue generation. Only business metrics count.

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