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Biddable World 2014
View Through Conversions – Not Worth The Paper They Aren’t
Printed On?
Digital Advertising Evolution
Understanding Where We’ve Come From
Advertising is Everywhere
Digital Demands Accountability

• Digital marketing sold on the last click
• Last click is now an “old” model, but still predominant
• Attribution difficult & expensive to do properly
• Attribution is very much an all or nothing activity
• Advertisers happy to run PR, Print & TV with an assumed brand
uplift
• For Display additional value is not always obvious
View Through Conversions

User Sees Ad,
But Does Not
Click

User Visits Site
Using Another
Channel &
Converts

Ad Platform
Ties Up
Conversion To
Initial
Impression
View Through Conversions

• Not to be mistaken with click assisted conversions
• VTCs are essentially an uplift metric
• Primarily associated with Display, but Adwords also has
impressions assists
• Not visible in Google Analytics or most other analytics packages
• Use of ad tracking software such as Doubleclick/Atlas/MediaMind
will show impression assisted conversions across ad channels
The VTC Arguments

For

Against

• Brand exposure has a
lingering value
• Display advertising
creates an intent rather
than answering it
• Observable effect from
TV and offline campaigns
• Large brands still engage
in pure branding
advertising

• Banner blindness
• Digital advertising is so
noisy brand effects must
be negligible
• Performance data shows
low engagement
• Unseen impressions
cannot affect the
conversion, but are still
counted
Ad Exposure Effects
Exposure Increases Affinity

• Mere exposure effect – repeated exposure to something leads to
more favourable reaction
• Study* tested reader reactions to banners in a 5 page article
where the ad was outside the focal area
• Findings were an increased ability to identify the brand
(perceptual fluency)
• Increased fluency = increased positive evaluation of the ad/brand
which can affect subsequent cognitive actions
*An Examination of Different Explanations for the Mere Exposure Effect - Fang, Singh, Ahluwalia, 2007.
Exposure Affects Other Channels

Source: The Silent Click: Building Brands Online
Exposure Affects Other Channels

Source: The Silent Click: Building Brands Online
Exposure Affects Site Engagement

Source: The Silent Click: Building Brands Online
Exposure Affects Site Engagement

Source: The Silent Click: Building Brands Online
Efficiencies Enhance The Effect

• Improved targeting & audience identification
• RTB purchasing enables granular placement of ads
• Google taking steps to ensure ads only paid for if actually seen
• Can already tell whether an ad position is viewed within the
browser
• Integrated use of advertising channels further increases
effectiveness
Forecasting & Measuring VTCs
Needles & Haystacks
Forecasting VTC Is Impossible

Creative

Other
marketing

Inventory

VTC
Performance

Season

Immediacy

Budget
Measuring VTC

• Need some understanding of previous VTC performance
• Uplift is dependent on activity within other channels
• Identifying uplift is difficult, but not impossible
• Extrapolation & correlation
• Correlation is not necessarily causation, but it’s a start
• Uplift could be in different metrics each time
Real Example

• Client running a display campaign between 25th October and 16th
December
• PPC is main driver of traffic, so looking at visitor number is selfserving
• Adwords display campaign, contextual targeting, no demographic
preference, no managed placements
• Adwords reports 357 VTC delivered during period, 486 last click
conversions (uploaded from GA)
Real Example
Testing VTCs In Your Ad Platform
Testing The Concept
Simple A/B Ad Testing

Actual Ad

Secondary, NonBranded Ad

100 Reported VTCs


0 Reported VTCs
Conclusion & Takeaways
Thoughts for Future Planning
In Conclusion

• VTCs are exactly what TV, Print, Outdoor, PR would like to report
• VTCs aren’t for everyone, but I recommend everyone assesses
them
• Effects can be hard to find, harder to quantify
• Positive and negative testing is recommended
Takeaway Suggestions

Keep an open mind

Don’t knee-jerk react – give the effects time
Test, test, and test again – scientific method as much as possible &
don’t stagnate
Look in unexpected places & interrogate the data to find effects

Test your display platform
Takeaway Suggestions

Understand brand engagement value

Separate last click, assisted and VTC

Do not be afraid to reject VTCs or to accept them

Get buy-in from everywhere in your business

Always sanity check cost against value
Thank You For Listening!
Questions:
@natewood
woodn@freshegg.com
Recent Fresh Egg Resources
Essential Guide To Social Advertising http://www.freshegg.co.uk/guide-to-social-media-advertising
Campaign Tagging For Google Analytics http://www.freshegg.co.uk/campaign-tagging-cheatsheet
Widget - Page Performance Metrics http://www.freshegg.co.uk/page-performance-metrics

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Fresh Egg Biddable World 2014 - View Through Conversions – Not Worth The Paper They Aren’t Printed On?

  • 1. Biddable World 2014 View Through Conversions – Not Worth The Paper They Aren’t Printed On?
  • 4. Digital Demands Accountability • Digital marketing sold on the last click • Last click is now an “old” model, but still predominant • Attribution difficult & expensive to do properly • Attribution is very much an all or nothing activity • Advertisers happy to run PR, Print & TV with an assumed brand uplift • For Display additional value is not always obvious
  • 5. View Through Conversions User Sees Ad, But Does Not Click User Visits Site Using Another Channel & Converts Ad Platform Ties Up Conversion To Initial Impression
  • 6. View Through Conversions • Not to be mistaken with click assisted conversions • VTCs are essentially an uplift metric • Primarily associated with Display, but Adwords also has impressions assists • Not visible in Google Analytics or most other analytics packages • Use of ad tracking software such as Doubleclick/Atlas/MediaMind will show impression assisted conversions across ad channels
  • 7. The VTC Arguments For Against • Brand exposure has a lingering value • Display advertising creates an intent rather than answering it • Observable effect from TV and offline campaigns • Large brands still engage in pure branding advertising • Banner blindness • Digital advertising is so noisy brand effects must be negligible • Performance data shows low engagement • Unseen impressions cannot affect the conversion, but are still counted
  • 9. Exposure Increases Affinity • Mere exposure effect – repeated exposure to something leads to more favourable reaction • Study* tested reader reactions to banners in a 5 page article where the ad was outside the focal area • Findings were an increased ability to identify the brand (perceptual fluency) • Increased fluency = increased positive evaluation of the ad/brand which can affect subsequent cognitive actions *An Examination of Different Explanations for the Mere Exposure Effect - Fang, Singh, Ahluwalia, 2007.
  • 10. Exposure Affects Other Channels Source: The Silent Click: Building Brands Online
  • 11. Exposure Affects Other Channels Source: The Silent Click: Building Brands Online
  • 12. Exposure Affects Site Engagement Source: The Silent Click: Building Brands Online
  • 13. Exposure Affects Site Engagement Source: The Silent Click: Building Brands Online
  • 14. Efficiencies Enhance The Effect • Improved targeting & audience identification • RTB purchasing enables granular placement of ads • Google taking steps to ensure ads only paid for if actually seen • Can already tell whether an ad position is viewed within the browser • Integrated use of advertising channels further increases effectiveness
  • 15. Forecasting & Measuring VTCs Needles & Haystacks
  • 16. Forecasting VTC Is Impossible Creative Other marketing Inventory VTC Performance Season Immediacy Budget
  • 17. Measuring VTC • Need some understanding of previous VTC performance • Uplift is dependent on activity within other channels • Identifying uplift is difficult, but not impossible • Extrapolation & correlation • Correlation is not necessarily causation, but it’s a start • Uplift could be in different metrics each time
  • 18. Real Example • Client running a display campaign between 25th October and 16th December • PPC is main driver of traffic, so looking at visitor number is selfserving • Adwords display campaign, contextual targeting, no demographic preference, no managed placements • Adwords reports 357 VTC delivered during period, 486 last click conversions (uploaded from GA)
  • 20. Testing VTCs In Your Ad Platform Testing The Concept
  • 21. Simple A/B Ad Testing Actual Ad Secondary, NonBranded Ad 100 Reported VTCs  0 Reported VTCs
  • 22. Conclusion & Takeaways Thoughts for Future Planning
  • 23. In Conclusion • VTCs are exactly what TV, Print, Outdoor, PR would like to report • VTCs aren’t for everyone, but I recommend everyone assesses them • Effects can be hard to find, harder to quantify • Positive and negative testing is recommended
  • 24. Takeaway Suggestions Keep an open mind Don’t knee-jerk react – give the effects time Test, test, and test again – scientific method as much as possible & don’t stagnate Look in unexpected places & interrogate the data to find effects Test your display platform
  • 25. Takeaway Suggestions Understand brand engagement value Separate last click, assisted and VTC Do not be afraid to reject VTCs or to accept them Get buy-in from everywhere in your business Always sanity check cost against value
  • 26. Thank You For Listening! Questions: @natewood woodn@freshegg.com
  • 27. Recent Fresh Egg Resources Essential Guide To Social Advertising http://www.freshegg.co.uk/guide-to-social-media-advertising Campaign Tagging For Google Analytics http://www.freshegg.co.uk/campaign-tagging-cheatsheet Widget - Page Performance Metrics http://www.freshegg.co.uk/page-performance-metrics