Attribution- Biggest Challenge for the Modern Marketer
To say that marketing has completely changed in the last decade will be the biggest understatement ever. To say that marketers haven’t been completely able to keep pace with the evolving technology and the evolving consumer will not be completely false. There are new ways to a) reach consumers (multiple new platforms and devices) b) track consumers (digital footprints please!!) c) measure performance with 100% accuracy Point a is followed by everyone. Point b would be explored by any digital marketer/agency worth their salt. But point c, I highly doubt. At least not by 99% of companies. Not yet. Yes, I am talking about multi touch attribution. For every conversion/sale that happened, we should be able to give partial credit to every marketing channel along the consumer journey that helped in the conversion. A possible example I am sharing from our line of bu...