martechadvisor.com
The digital
marketer’s job is not easy today. Large volume of keywords and campaigns which
brands have to manage have given rise to search marketing complexity. The
increasing number of players in the display ecosystem have given rise to
display marketing complexity. It is challenging to keep a track of the
networks, publishers, ad tech vendors and exchanges, each of which play
specific roles. Marketers today undertake additional cross-channel
responsibilities and work more closely with their display and social
counterparts.
The
concept of view-through conversions
While
managing display ad responsibilities, managers face a challenge in measuring
the impact. Usually nobody clicks on display ads and even if they do, chances
are high that they are not the people you want to target. They may have clicked
on the display ad by mistake. However, if nobody is clicking on your display ad
it does not mean that it has no impact. This has given rise to the concept of
view-through conversion. View-through conversion rate can be defined as the
percentage of users who view an ad but do not click it. Within a certain period
of time they go to the ad’s associated conversion page and undertake the
desired action.
With
view-through conversion tracking you can determine the best places to advertise
in order to maximize overall conversions. You can optimize your campaign
performance based on how the users respond to the display ads even if they do
not click on them.
Questions
which marketers often face
Marketers
find it difficult to fully trust view-throughs. Although an ad may receive view-through
credit, how can you ascertain that the ad deserves the view-through conversion
credit? How will you evaluate whether it has had an impact on the actual
conversion. How will you know whether the user has actually seen the ad? If you
agree that an ad deserves credit, you will have to determine the right
conversion window for when the credit will be valid. A customer may see your ad
but may choose to make a purchase two months later. For an ad like this, should
it still receive credit?
1.
Running campaigns to attribute view-throughs
By setting
up lift tests the above questions can be easily answered. One of the most basic
ways to set up a lift test is to run an A/B campaign. You can decide to run the
normal ads in one campaign and PSA ads in another campaign. By running an A/B
campaign for a couple of weeks, you can measure the difference in view-through
conversions between both the campaigns which will further help you to ascertain
what percentage of the view-throughs can be attributed legitimately.
2.
Deciding on the right conversion window
The
validity of a view through conversion depends to a large extent on the right
conversion window. Conversion window is the time period between a customer
clicking on a paid search ad to a conversion or a purchase being recorded in
AdWords. Determining the right window can be a challenging task. If the window
is too long, you may end up giving credit probably where it may not be due. In
case the window is short, you may end up underestimating the potential. The right
conversion window depends on several factors. It depends on your goal, the
business and your campaigns. Usually, compared to purchases, leads have shorter
post-view conversion windows. B2B solution campaigns may have longer windows
than retail fashion campaigns. Moreover, a campaign which features a limited
time offer should have a shorter conversion window.
3. Determining the viewability
Usually
brands prefer to run ads which promise 80% to 90% viewability. Viewability is
an online advertising metric which tracks the impressions which are seen by the
users. If an ad is loaded at the bottom of the webpage and a user does not
scroll down to see it, the impression in this case will not be deemed viewable.
According to the Media Rating Council, if half the ad has been in focus for at
least one continuous second it is considered for viewable. For video ads, half
the ad needs to be in focus for at least two continuous seconds to be
considered viewable.
In reality, viewability rates depend largely on
the ad exchange, the publisher or the vendor you are depending on to track the
figures. If you target sites which promise high viewability rates, you may end
up paying a high CPM or cost per thousand. If a website publisher charges $2
CPM, you will have to pay $2 for each 1000 impressions of your ad. It may occur
to you that you can increase the viewability rates by buying impressions above
the fold. However there is a weak correlation between placement of the ad and
viewable impressions
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Thanks Adblows! I am going to have a look at your services. Agustin
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