New approach connects online and offline media evaluation
Posted on 26th April 2015
Data2Decisions has announced the launch of a new modelling approach, Total Attribution, across its global network to measure and optimise all media and quantify how media influences the consumer journey to drive sales.Total Attribution allows Data2Decisions to rigorously evaluate the whole media mix and help clients better understand the consumer journey across all channels – online, offline, owned, earned, bought, and CRM.
Using Data2Decisions’ expertise across a range of analytical techniques including econometrics, digital attribution and consumer research, Total Attribution seamlessly combines techniques to provide a complete view of how well all media touch points are performing including granular detail on areas for improvement.
Analysis by Data2Decisions shows that taking a connected approach to measuring and optimising online and offline media can lead to ROI improvements of 25% – 50%, and exceeds what can be achieved through a siloed analytical approach.
KARL WEAVER, CEO Data2Decisions, said: “Consumers now interact with brands in an intricate and complex way. If you’re not measuring how your media impacts consumer decision making at every step of their journey, from start to finish, online and offline, you’re simply not getting the full picture.
“Only by understanding the performance and connectivity of all your touch points can you fully leverage the consumer journey to harvest a sale. Our analytical solutions are oriented towards total sales, combining both digital and mass touch points.
“We don’t operate a siloed approach which enables us to offer the best insight into our clients’ businesses across channels and better navigate the consumer journey than ever before,” said Mr Weaver.