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I'm not sure you're completely understanding how it works. I can actually run an ad on Facebook and with a conversion pixel I can see what the ROI return is. Re
by mbesto 11y ago
I'm not sure you're completely understanding how it works. I can actually run an ad on Facebook and with a conversion pixel I can see what the ROI return is. Read this for more details:
http://blog.wishpond.com/post/63739323752/how-to-use-the-facebook-ad-conversion-pixel-to-track http://blog.wishpond.com/post/63739323752/how-to-use-the-fac...
- nl 11y ago"Attribution" means more than just the last click. If you see an ad on TV, and then 2 minutes later receive an ad on Facebook for the same product, click through and buy then how much is the TV ad responsible vs the Facebook ad. Same for Youtube ads. Typically (as a very broad rule) people don't click through to purchase from a Youtube ad. And yet lab (and other) studies show an increased propensity to purchase a specific product after Youtube advertising exposure. As an ad buyer, how much do you spend on those TV/Youtube Ads, vs how much for the final click. lcs's point is that sometimes that (paid) final click comes from a user who was probably likely to purchase anyway. So an advertiser would be better off paying more for wider exposure than for that final click (assuming a fixed budget etc etc). This is a live problem right now, and a solution is worth billions of dollars.
- 467568985476 11y agoWhich studies in particular?
- nl 11y agoWell there's one I'm involved with atm which is unpublished yet. But more broadly there are quite a lot of industry and industry-body sponsored ones, eg: https://www.thinkwithgoogle.com/articles/online-video-ads-drive-consideration-favorability-purchase-intent-sales.html https://www.thinkwithgoogle.com/articles/online-video-ads-dr... http://www.emarketer.com/Article/Mobile-Video-Ads-Lift-Brand-Metrics-Japan/1013426 http://www.emarketer.com/Article/Mobile-Video-Ads-Lift-Brand... https://scholar.google.com.au/scholar?hl=en&q=video+ad+exposure+buying+intent https://scholar.google.com.au/scholar?hl=en&q=video+ad+expos... will find more.
- shostack 11y agoCan you share any details of the study you are involved in?
- nl 11y agoNo details (embargoes etc), but the short version is that videos ads work.
- thenomad 11y agoInteresting. Is that true even if you're only able to consider last-touch rather than the whole picture? (For example, if you're a performance marketer working on commission for leads or sales.) I've not yet seen spectacular results for video, speaking as someone in the above category (some of the time) but my hunch has long been it can be very effective.
- shostack 11y agoI'd be shocked if this was the case given how much of video is pre-roll and the "view but don't click" nature of it. You'd have to have a pretty friggin' compelling CTA to get someone to click it and drop your cookie.
- nl 11y agoWe consider the whole picture, using paid participants and heavily instrumented browsers (including eye-tracking etc) on both mobile and desktop. Clearly there are still holes in the methodology, but it's at least as good as I've ever seen done.
- shostack 11y agoNow you've piqued my interest as I'm in the middle of ramping up for a product-focused video ad test. Any other hints you can share without violating agreements on the path to success and measuring success?
- mbesto 11y agoTrue, which is why you need to augment it with other services...for example Custora: https://www.custora.com/tour/retention_lifecycle_marketing/ https://www.custora.com/tour/retention_lifecycle_marketing/