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Knowledge

Occam's Razor

Blogging Experience Articles. + Key To Your Digital Success: Web Analytics Measurement Model. Redefining Innovation: Incremental, w/ Side Effects & Transformational. " Measuring Incrementality: Controlled Experiments to the Rescue! How Do I Measure Success? Find people?"

KPI 124
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Measuring Incrementality: Controlled Experiments to the Rescue!

Occam's Razor

Oh, and the killer question… if you invest in multiple channels, how much incrementality does each channel bring to your bottom-line? Controlled experiments! You need people with deep skills in Scientific Method , Design of Experiments , and Statistical Analysis. What is the incremental value of doing email?

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Facebook Advertising / Marketing: Best Metrics, ROI, Business Value

Occam's Razor

A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. FBe's recommendation was (paraphrasing a 35 min talk): Don't invent new metrics, use online versions of Reach and GRPs to measure success. From that analysis, they could identify the incremental sales in country X compared to Y, Z and A.

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Digital Attribution's Ladder of Awesomeness: Nine Critical Steps

Occam's Razor

Step 8: Nonline Controlled Experiments. Step 9: Advanced Controlled Experiments. The most primitive thing you can do to have a very strong people, process, structure foundation is to pick great metrics to measure. Most of you already measure the heck out of this. (If Step 4: Standard Attribution Models.

Metrics 146
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Multi-Channel Attribution: Definitions, Models and a Reality Check

Occam's Razor

Included in the post are recommendations for measurement and data analysis. That's because when it comes to MCA-O2S your only bffs are a set of 16 strategies I've outlined over two posts (links immediately below) or the fantastic world of controlled experiments (as in the Verizon case above). It's mandatory.

Modeling 152
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Deliver Step Change Impact: Marketing & Analytics Obsessions

Occam's Razor

In those moments, you are not thinking of delivering incremental change… You are driven by a desire to deliver a step change (a large or sudden discontinuous change, especially one that makes things better – I’m borrowing the concept from mathematics and technology, from “step function”). Run one super-large controlled experiment.

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Web Analytics: Frequently Asked Questions And Direct Answers

Occam's Razor

If you are a consultant then identifying opportunities is a smidgen harder, but you can use your experience with other clients to quantify value. I see this: KW: "Avinash is a awesome" Visits: 2 KW: "Avinash is not awesome" Visits: 0. Sadly David, nothing like that exists. 7 Best Practices, Bonus Tips.