The attribution models in online digital marketing agency represent a mechanism for verifying the return on investment made. These elements detect the success of the actions and offer detailed information about the channels. The conversion process, as well as the customer journey.
By definition, it can therefore be said that the attribution models have the task of attribution. They are redistributing the credit for sales or any other conversions. The off page SEO optimization tools are used by the user before concluding a certain path. This concept therefore assigns a score to each iteration of the user with any messages related to the service offered.
For the calculation of attribution models in digital marketing. Operations related to complex mathematics and statistical algorithms are applied. Then it crosses the various data collected and linked to customers. The final purpose of these calculations is to verify that the real. Return represents the company based on what was previously invested. In essence, the calculation of the attribution models examines all the actions performed by the customer, from the purchase to the contact request, which was then useful for achieving the goal of a campaign.
Online Digital Marketing Attribution Models: how are they classified?
The process that leads a customer to purchase a product or service does not provide for a single action before the conversion, but the same can land on a landing page from a link on Twitter, which then returns through a Facebook ad, or contacted by email, until the decision to complete the action. The function of attribution models is precisely to monetize each iteration. Assigning to it a useful value to understand its relevance.
The Same Can Be Classified According to Two Variables:
Models for the attribution of a conversion, which can be rule based. That is for which each touch point receives a value based on rules defined a priority. Or algorithmic-probabilistic that takes into account the customer’s past behavior
Number of Touch Points Considered for Online Digital marketing:
From the statistics, it seems that companies have a certain interest in attribution models. In order to improve their digital work. The main fact, they pay particular attention to touch points linked to digital conversions. To optimize future resources and investments.
The Limits of Attribution Models for Digital Marketing:
The analyzes carried out through these systems can be useful. But they have some deficits, or factors that are sometimes not considered. First of all the direct listening to the consumer.
Among the other weaknesses we can then add the limited availability of the data. Sometimes in the hands of agencies and non eig company directly. The poor quality of the same, but also the large sums required to implement customized models. As well as the difficulty of reading and understanding. The real potential of the same if in the hands of people not in the sector.
Furthermore, it does not make sense to give greater importance only to the last action that completed. The purchase as the previous phases may also had a considerable weight in the choice to conclude a certain action.
Author Bio:
Angela is a content writer, she has a 6 years of experienced writing in different niche especially in Online Digital Marketing & technology. In a meantime she also love to do photography and worked with a top photography services in Dubai. She also love to travel around the world to explore the beauty of the nature.
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