Metrics & measurement lessons from recent news

1- Ad clicks don’t necessarily correlate with effectiveness

from IAB SmartBrief, iMediaconnexion, By Ariel Geifman on September 06, 2011

Measuring brand effectiveness with clicks reminds me of so many other well-known fallacies: Home prices will always continue to skyrocket, nuclear energy is relatively safe, and one can quit smoking in a day. Likewise, advertisers seem to keep convincing themselves that clicks are a good measure of online branding. Unfortunately, when brand advertisers only focus on this metric, they are actually stifling creativity and harming their own brand. The emphasis on clicks has created ads that serve more as street signs to direct users to their site, instead of encompassing an overall memorable experience.

Advertising agencies do what they are paid to do, and if you pay them to deliver clicks, that’s what you are going to get. Why bother with creativity, witty copy, glaring images, and innovative formats, when you can get clicks by just placing cheap standard banners at high volume on long tail placements?

2- RIP Last Click: Why Last Click is Dead (Or Should Be)

from MediaPost | Online Media Daily by Richard Frankel

Recently, there has been a spate of articles about how last-click attribution is a flawed way to measure online ad effectiveness for advertisers. Others have debated view vs. click attribution. But these debates miss a key point. The damage of misplaced attribution doesn’t just fail to give credit where it’s due for conversion, but also harms brands’ online advertising efforts more widely — it hampers their ability to drive upper-funnel results. Every brand marketer knows it takes time to develop engagement with consumers.

3- Google: Click-Through Rates Fell in 2010

Although banner ads may be experiencing big growth this year, they’re not getting any more effective. The average click-though rate for banners fell in 2010, according to a survey by Google.Google’s report, seen as the industry standard, pegged 2010 U.S. click-through rates (CTR) at 0.09% compared to 0.1% in 2009. That means about one person in 1,000 actually clicks on banner ads, despite attempts to make them more inviting.

4- ANA, 4A’s back IAB’s impression counting plan

from IAB SmartBrief, Wednesday, July 20, 2011, 9:50 AM, MediaPost,
In an effort to fight against impression discrepancies, the Association of National Advertisers and the American Association of Advertising Agencies have joined the Interactive Advertising Bureau in endorsing the Impression Exchange Solution.

5- A Look Back in Time… at the Most Visited Web Domains of 1996!

By Andrew Lipsman – July 21, 2011, via @comScore

During a recent conversation with our friends at NPD (the company, incidentally, where I began my career), they shared with us an interesting bit of Internet history. Many of you may not be aware that back in the mid 90’s, NPD measured Internet audiences through a business unit known as PC Meter. PC Meter would eventually become Media Metrix, whose U.S. business was acquired by comScore in 2001.

Smart Lift Attribution Model6- Attributing Brand Advertising Effectiveness

JULY 15, 2011, comScore Data Mine, via @datagems

Traditional methods of attributing the effects of digital advertising, such as last-click (commonly used to measure the impact of direct response advertising) and last exposure (commonly used to measure the impact of branding advertising) rely on overly simplistic, flawed methods. This means that insights are often inaccurate and not actionable for marketers, agencies and publishers.

7- IAB proposes new measurement standards for online ads

from IAB SmartBrief, July 13 2011, Erin Griffith, Ad Week
The IAB is proposing new standards to measure the effectiveness of online ad campaigns. It’s no secret that digital ad measurement routinely results in a messy, convoluted data glut. The Interactive Advertising Bureau wants to change that. This morning the IAB released its guide to best practices for conducting online ad effectiveness research. In plain English, it’s a set of rules for the industry to follow when measuring whether an online ad campaign actually worked.

8- Can Google meet all of your analytics needs?

Posted 13 July 2011 11:16am by Graham Charlton, eConsultancy, via @tomtsinas

According to a recent Econsultancy report, the proportion of companies exclusively using Google Analytics for their analytics needs has risen to 44%, compared to 38% last year and 23% in 2009. Our Online Measurement and Strategy Report 2011, produced in association with Lynchpin, looks at the extent to which companies are using Google Analytics, paid for analytics tools, and which tools they are using for which reporting requirements.

9- Which Metrics Matter

from Social Media Today by Ballywho
How do you read the numbers? Solid fundamental metric analysis means that you know what your goals are before you go live.

One thought on “Metrics & measurement lessons from recent news

  1. Pingback: Last Month in Ad Metrics & Measurement | Samuel Parent's Blog

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>