As of 9:40am the KFC Tower Burger series is back, which means we can once again enjoy the near orgasmic delights offered by this succulent taste sensation.
People all over the world are celebrating this momentous occasion, even children who may look as though they are actually supporting Obama and have had their photo altered by someone with no access to decent photo-editing software *shifty eyes*:
I’m not normally one for new years resolutions however this year I have decided that I am going to take a few steps to increase the level of positivity in my life. One of these steps, in order to improve the quality of my thinking and the level of positive vibes I push out, is that I am going to aspire to use certain words more frequently and not use other words (those that strip the user of power or impede creative thinking) at all.
Words to strip from my vocabulary
can’t
impossible
stupid
idiot
hate
not my fault
dislike
failure
don’t
won’t
should
have too
Words to use more frequently
great work
thank you
please
exceptional
amazing
deserve
fun
hilarious
want
care
I love you
For the last few year Ad Server providers have been working to improve their ability to attribute the contribution media placements make to an acquisition in a more detailed and accurate way.
For those not in the media world, at current the standard way to measure online media is through a ‘last cookie wins’ model which means that the last ad unit to be seen or clicked get the acquisition. The problem with this method is that a consumer will generally neither interact nor respond to an advertisement on the first interaction.
In traditional media we deal with this by booking media that follows our target demographic as they watch TV in order to reach the maximum average exposure volume. The problem we face with online media is a self imposed one, we have made ourselves too accountable. With TV (for example) it is perfectly acceptable for us to say that we reached the audience an average of (x) times stretched across 2 stations because we know that they have very similar audiences. However (in the majority of cases) when it comes to digital we are treated in an overly DR way, which in term impedes our ability to truly achieve maximum ROI. For example:
Lets say a large portion of users read the review section of SMH.com.au then research on IMDB then either click on an ad or proceed directly to QuickFlix. Now in a standard (and most commonly set up) ad server the acquisition would belong entirely to IMDB and if we were assessing the value of the media we would see only this final figure. The joy that advanced attribution models bring is that we are able (within the tracked cookie window) to trace the path the user took, in terms of their ad exposure. We can then dissect this data by applying different values to different media placements (e.g. a large OTP is worth 5 while a 468×60 is only worth 1 due to clutter) and we can then break out the value of the acquisition accordingly. In this way we may find that (in the above example) SMH.com.au actually more value than IMDB because people also go to RottenTomatos.com and then convert, but in this instance the acquisition goes to SMH because we are not running media there.
The primary challenge faced in making advanced attribution models the new standard is a lack of simplification, that is, that all ad servers deliver different data when reporting in this manner and the data is often extremely complicated to understand when in its raw form (indeed most ad servers charge you for the service then deliver an edited report). Once we have a more precise consensus as an industry around what exactly we expect from this tool we can expect to see significant progress.
If I were to make one honest prediction for a trend to watch out for in 2010 it would be for Australian agencies to start making a concious effort to increase the usage of attribution modelling across clients.
As technology currently sits advanced attribution reporting is the best way we have to understand the immediate impact and uplift that brand media has on performance/acquisition media placements.
I am interested to know, if you work in digital media (of the strategy/planning/buying/implementation variety) are you using advanced attribution reports at all? and if so who do you use and how do you find their offering?
