AdWords advertisement

Unlocking the Potential of Data at Australia Data Forum
Post Reply
arzina221
Posts: 100
Joined: Wed Dec 18, 2024 8:18 am

AdWords advertisement

Post by arzina221 »

What is the value of your referral traffic?
Now you want to compare this modified attribution model to one of the other models. I am going to compare this model to the traditional last interaction model. In the model below you can see that the revenue from referral traffic increases by over 80% when you devalue the value of direct traffic.

Exclude direct traffic_model

Referral traffic is of course pure word of mouth communication. For this site it is not an unnecessary luxury to focus on this instead of continuing to sponsor Google.

Experiment!
The multichannel funnel reports are very comprehensive. That’s why it’s important to know what you want to measure. Based on which indicators can you determine whether a channel or campaign is successful? My advice is to first determine the duration and length of your conversion paths. Then determine which channels are the most valuable to your website. Then you can start setting up your attribution model.

In any case, look at two different attribution models, so that you can compare the differences in attribution value per model. Based on these figures, you can set up A/B tests. For example, you can invest 20% less money in AdWords and reserve this budget for a mailing to your hot prospects . You can run this experiment for a month and compare it with the month before. In short: experiment, so that you get to know the real value per channel.

What are your experiences with multichannel funnels? I'd love to read them in the comments!

version attribution is assigning value to a channel or ivory coast phone data campaign that the visitor visits before converting. For example, your visitor visits the following channels in his or her conversion path:


Referring site
Types the URL of the website into his browser (direct traffic)
Many organizations calculate conversion based on the latest interaction model. This means that in this case you assign 100% conversion value to direct traffic. This is not a good representation of the actual situation. Because what value does the click on the AdWords ad and the visit from the referring site have within this conversion path? With multichannel funnels you can assign value to these supporting conversions. This gives you more insight into the actual conversion value of your channels and campaigns.
Post Reply