Jeb Bush has spent a lot of money on television advertisement campaigns. $35 million dollars, to be exact. He is the largest spender of TV campaigning, spending more than the rest of the GOP combined. You would think that, with the amount of money his campaign has thrown towards television, he would be growing in the polls, but here’s the reality:
The most recent poll shows Bush at just 3%. Jeb Bush’s ad campaign is sinking at a titanic rate. None of his ads are affective. On top of that, the GOP front runner, Donald Trump, has spent just over $2 million dollars (which is a relatively easy feat when the news covers you every single day), but with the amount of money Jeb has put in, one question arose:
Does Jeb Bush have ANYONE who knows/cares about ROI on his TV?
$35 million dollars is a massive budget for any advertising campaign. It’s almost as if his campaign was aiming to be the next Draft Kings. (the exception being that Draft Kings has had an incredibly successful return). With Full Funnel Attribution, the Bush campaign (or any other political candidate) would be able to pinpoint where their advertisements are doing the best and which... Read more
I recently spoke at a forum in San Francisco in which the conversation was heavily focused on mobile payments and marketing. Attendees included folks from digital media, social media, mobile advertising, mobile payment providers and technology providers, yet it struck me that with the diversity of attendees at the event, there was not one retailer present.
Misconception: The Physical Retailer is Obsolete
There are plenty of reasons why retail is still a valid business. To start, brands are still invested in the retailer, and despite the buzz about eCommerce and mCommerce, brick and mortar locations continue to drive the majority of retail sales. Brands demonstrate their commitment to the retail channel by continuing to invest in steady and robust trade promotion budgets, and even online retailing veterans like Amazon have announced plans to open brick and mortar stores. The retail business tends to follow customer preferences and consumers still prefer the in-store experience when making purchase decisions.
Because most transactions are completed in-store, retailers own the vital data that is critical to understanding consumer behavior and the impact of almost any marketing or merchandising initiative, including digital marketing. As CPG and retail brands increase their digital and mobile advertising budgets, retailers can play... Read more
One of the hottest marketing topics in 2013 is attribution, or which marketing channel (or channels) gets credit for a single sale. Attention to attribution is skyrocketing in marketing organizations, because in many companies reporting has been set up so that every channel claims 100% of the final sale, even when their efforts were only partially responsible. This “double-counting” of converted traffic has led to inflated marketing channel reports, and more importantly, has companies overpaying for sales and leads.
In an attempt to eliminate double counting, the majority of companies choose to only value the “last in” marketing channel, giving that channel full credit for the revenue. This is particularly prevalent – but also very problematic - in the affiliate world, as “last in” attribution also determines who gets paid when there are multiple affiliates in the same click stream.
So what’s wrong with “last in”? Five to ten years ago, there were far fewer marketing channels online and it made sense to value the channel closest to the sale. The logic was if a customer came through a given affiliate a few months ago, then came through a second affiliate at a later time, the second affiliate probably had more responsibility... Read more