Assess For Success Marketing Analytics and Measurement
Assess For Success Marketing Analytics and Measurement
Assess For Success Marketing Analytics and Measurement
Media planning
Inclusive marketing campaign tips & examples - Think with Google
Budget
Campaigns usually have a fixed budget allocated from a larger marketing budget.
Spending more than what is budgeted for a campaign often requires further justification
and approval.
Purpose: A budget is documented in a media plan to help prevent over- or
under-spending for a particular channel during a campaign.
Media mix
A media mix specifies how much of a budget will be spent across each media channel
in a campaign. If actual amounts are unknown, you can specify percentages of the
budget in the media mix. For example, you could assign $20,000, or 30% of the budget
to social media. Either is acceptable in a media plan.
Purpose: A media mix is critical to a media plan because it enables the right content
decisions to be made based on an allocated budget for any particular media channel.
Duration (flight)
Duration, also referred to as flight, is the length of a campaign and is easy to
document. But if you’re running a campaign using a pay-per-click (PPC) model, duration
becomes trickier because you’ll need to ensure your budget is sufficient for the entire
duration of the campaign. For campaigns like these, duration is heavily influenced by
budget.
Purpose: Duration, or flight, in a digital media plan specifies how long the campaign will
run.
Performance goals
Customer acquisition is a marketing term for the process of gaining new customers. In
e-commerce, customer acquisition depends on traffic to a brand’s site. The more traffic coming
to the site, the greater the chance of acquiring new customers.
Note: With Smart Bidding, you can use Target CPA and Enhanced CPC strategies. An Enhanced
CPC strategy combines manual CPC bidding with Target CPA or Target ROAS.
Lower CPA to improve campaign value
Note: Performance goals will vary by campaign. Cost-related information provided below is for
illustrative purposes only.
Cost per acquisition (CPA) is the average cost paid for each conversion. If you have comparative
data from historical campaigns, you can use the average CPA value as a performance goal. You can
then optimize your campaign to try to achieve a lower CPA to improve the value of your campaign.
If you don’t have historical campaign data, you can try using an industry-average value as a starting
point. Industry averages are typical values found across an entire industry. CPA for search ads for
the auto industry, CPA for Facebook ads for the clothing industry, and CPA for e-commerce are a few
examples.
Imagine you’re working for a real estate firm but don’t have historical campaign data. You research
and find that the industry-average CPA for real estate search ads is $41.14, so you set your target
CPA at $40 (red line in chart below). Your budget for search ads is $10,000 so you’ll be aiming for at
least 250 conversions to meet or exceed the target CPA of $40. Any number of conversions below
the red line would exceed your target.
Number of conversions for improvement = Budget / CPA = $10,000 / $40 = 250
Chart shows cost per acquisition versus number of conversions for a $10,000 budget. A minimum
goal of 250 conversions is shown as the target based on a CPA of $40
If a conversion is defined as a potential customer requesting information about realty services, you’ll
need at least 250 people to take that action after seeing your search ads. If more than 250 people
take that action, you will have improved your campaign’s value above the industry average for real
estate.
Skillshop
Skillshop is Google’s self-paced training platform for Google's tools and solutions. When you sign
up, you'll be able to access online courses at any time, and complete them at your own pace.
● Skillshop training for Google Analytics: Learning paths for Google Analytics 4 or Universal
Analytics
● Google Analytics Individual Qualification: Qualification track covers basic and advanced
Google Analytics concepts
Skillshop
Skillshop is Google’s self-paced training platform for Google's tools and solutions. When you
sign up, you'll be able to access online courses at any time, and complete them at your own
pace. The training offered for Google Ads includes specifics for:
● Search ads
● Discovery ads
● Display ads
● Video ads
● Shopping ads
● Mobile app ads
● Google Ads measurement
Advertising platforms
Here are a few advertising platforms and links to learn more:
● BuySellAds
● Media.net
● AdButler
Direct X X X X X X
traffic
Paid X X X X X X
traffic
Mobile X X X X X X
traffic
Tablet X X X X X X
traffic
Dimensions
The table below summarizes the default dimensions enabled for each Exploration template available
in the Google Analytics demo account.
Note: The information in the following table is provided because you will work with the Google
Analytics demo account in upcoming activities. If you’re not using the Google Analytics demo
account, dimensions that are enabled by default could be different. After you select a template, click
the + icon for Dimensions if you want to select and enable other dimensions for the Exploration.
Funnel Path Segment User Cohort User lifetime
Exploration Exploration overlap Exploration Exploration Exploration
template template Exploration template template template
template
Event X X X X
name
Gender X X X X X
Country X X X X
Device X X X X
category
First user X X X X X X
medium
First user X X
source
First user X X
campaign
Platform X
Last X
audience
name
First visit X
date
Metrics
The table below summarizes the default metrics enabled for each Exploration template available in
the Google Analytics demo account.
Note: The information in the following table is provided because you will work with the Google
Analytics demo account in upcoming activities. If you’re not using the Google Analytics demo
account, metrics that are enabled by default could be different. After you select a template, click the
+ icon for Metrics if you want to select and enable other metrics for the Exploration.
Funnel Path Segment User Cohort User lifetime
Exploration Exploration overlap Exploration Exploration Exploration
template template Exploration template template template
template
Active users X X X X
Event count X X X X X
Transactions X X X
Total users X X
Sessions X
Purchase X X
revenue
Transactions X
Conversions X
Active users X
LTV average X
Lifetime X
engagements
Lifetime X
transactions
Scorecards
Scorecards are commonly used to visualize key performance indicators on a dashboard.
Note: Scorecards on the Google Ads Overview page are different from the cards that are on the
Recommendations page. Refer to the View and apply recommendations in Google Ads reading in
this course for more information about the cards on the Recommendations page.
Scorecard examples
The following are examples of scorecards displayed in the Overview page.
Reports
You can also create a table or chart using the built-in Report Editor, and then add the table or chart
to a dashboard.
This reading provides more details about these benefits and what marketers gain from them.
Better understanding of the marketing funnel
Google Analytics can be thought of as a single pane of glass. This term is sometimes used to
describe a software product that offers an integrated way to view data. After accounts are linked, you
can use your Google Analytics account as a central place to view and analyze metrics from Google
Ads. This centralization is helpful when you are trying to understand how potential customers
proceed through the marketing funnel. To access linked advertising metrics in Google Analytics, click
the Advertising icon in the navigation panel.
Advertising snapshot
The Advertising snapshot contains data panes labeled with specific questions that are aligned with
certain stages of the marketing funnel:
● Which channels drive the most conversions? (Conversion)
● What touchpoints do customers take to convert? (Consideration and Conversion)
● How do your channels perform under a different attribution model? (Conversion)
Another pane in the Advertising snapshot enables you to view insights identified by Google
Analytics, such as conversion spikes for campaigns as shown below.
Insights pane in the Advertising snapshot with individual insights identified by Google Analytics.
Model comparison
In the video about linked metrics, you learned how you can compare attribution models in Google
Analytics after you link a Google Ads account. When you select Model comparison from the
Attribution menu, you can view a side-by-side comparison of conversions from different touchpoint
perspectives. This is helpful to gain a more refined understanding of the marketing funnel.
Cross-channel models attribute a percentage of a conversion to all advertising channels with
touchpoints. Cross-channel models use one of the following rules to give credit for a conversion:
● Data-driven: Attributes conversions based on historical data about how people searched for
your business and interacted with your ads. Data-driven attribution looks at the entire
customer journey that leads a user to convert and allocates conversion credit to each step in
that journey.
● Last click: Attributes 100% of the conversion to the last channel that a customer clicked
through or engaged with before converting.
● First click: Attributes 100% of the conversion to the first channel that a customer clicked
through or engaged with before converting.
● Linear: Distributes attribution for a conversion equally across all channels a customer
clicked through or engaged with before converting.
● Position-based: Attributes 40% of a conversion to the first channel, 40% of a conversion to
the last channel, and attributes the remaining 20% equally among the other touchpoints in
between.
● Time decay: Attributes a conversion to each channel based on a 7-day half-life scale. In
other words, a click through a channel eight days before a conversion gets half as much
credit as a click one day before a conversion.
Note: As of January 26, 2022, Google Analytics 4 properties have cross-channel data-driven
attribution enabled as the default model.
The Ads-preferred model attributes 100% of a conversion to the last Google Ads channel that the
customer clicked through before converting.
The model you choose to view metrics with depends on the kinds of questions you’re trying to
answer. Suppose you want to know how your display and search ad campaigns are impacting each
other. You could view the number of conversions for each channel in side-by-side comparisons using
the first-click and last-click models. If the number of conversions in each model are proportionally the
same, the campaigns probably aren’t impacting each other. However, if the display channel has
significantly more conversions in the first-click model than in the last-click model, it might be worth
investigating how many times a display ad is a first or middle touchpoint before a last-click search ad
conversion is made. To investigate further, you can look at the data for conversion paths.
Conversion paths
Conversion paths enable you to view first and last touchpoints before conversion, and touchpoints
in between. For example, if you examine the conversion path in row 29 below, users performed a
search, clicked a referred link, and searched again before making a purchase.
Conversion paths for the Google Merchandise Store in Google Analytics, including multiple
touchpoints for Organic search and Referral.
In the previous scenario given for model comparison, the display channel had significantly more
conversions in the first-click model than the last-click model. In the conversion paths, you could
investigate further by finding all instances of Display. This would enable you to better understand the
impact that display ads have on search ad conversions.
For an explanation of the settings to configure when you create a new audience, refer to the relevant
article listed at the end of this reading.
Key takeaways
Linking data between Google Ads and Google Analytics provides you with better insights about
potential customers as they progress through the marketing funnel stages. When audiences
configured in Google Analytics are made available in Google Ads, your remarketing ads can also
reach the right users more effectively.
LTV by channel
Just as you can measure ROAS for each channel in a campaign, you can measure LTV
in the same manner. Attribution of conversions by channel must be enabled in advance.
For each channel in your campaign, calculate the following:
Also recall from the video that sorting can put data in a certain order, and filtering can display data
you want while excluding other data. Sorting and filtering in this spreadsheet enables you to gather
insights like these:
● Number and percentage of purchases made from each campaign (by campaign codes)
● Campaign-related purchases (overall and by state)
Microsoft Excel
● Sort data in a range or table: This page guides you through all the steps you will need to sort
data by number, text, and color. You’ll also have the option to sort by custom list so that you
can customize exactly what you want to sort.
● Filter data in a range or table: This article has step-by-step instructions on how to filter an
Excel spreadsheet to show only the data you want to see. You can also use built-in
comparison operators, such as “greater than” and “top 10” to reveal only the most relevant
data.
● COUNTA function: This article describes the formula syntax and usage of the COUNTA
function in Microsoft Excel.
Conclusion
The pivot table returned the same results as sorting and filtering the Code column and manually
counting instances for each code.
Conclusion
The pivot table returned the same results as filtering the State column state by state to get a
breakdown of the data by state. However, using the pivot table saved some time!