Posts tagged google adwords
How Do I Measure Remarketing Performance?

How do you know if you’re remarketing well? This is a tricky campaign to measure, especially since it’s more likely to play a big part in assisted conversions compared to any other campaign. For ecommerce clients, the “Time to Purchase” report might help give you some insight into how remarketing compares to the typical conversion cycle for last-click conversions. The “Time to Purchase” report (categorized under the Ecommerce Conversion reports) has two views: “Days to Transactions” and “Visits to Transactions.” These two reports together give you a sense of just how engaged remarketed users are within the conversion cycle.

   Photo: Company A remarketing results showing low engagement.

In the above report to the left, 18.18% of remarketing transactions have occurred 7-13 days after the initial visit. However, we see to the right that most remarketing transactions occurred in less than 4 visits to the site. What we’re seeing here is that, potentially, one to two weeks can go by with few visits back to the site before a remarketed customer will convert. This company may be interested in trying to close that time gap with a more robust remarketing strategy.

Alternately in the example below, most remarketing transactions occurred less than 4 days after the initial remarketed visit, yet a significant portion of visitors come back to the site 7-25 times until they convert. These visitors are highly engaged for fewer days. The company below had remarketing results much like what’s shown above until we put an expansive remarketing strategy into place. Now remarketing brings in a significant portion of last-click conversions and assists in almost every AdWords conversion.

   Photo: Company B remarketing results showing high engagement.

Take a look at your "Time to Purchase" reports. If it looks like you’re not getting much engagement through remarketing, it might be time to rework or start up a new strategy. If you’re not sure where to get started, let us know so that we can help.

Reporting TRUE AdWords Assisted Conversion Values

Great, Multi-Channel Expectations

When Google Analytics Multi-Channel funnels first came out, we were AWED and AMAZED. The metrics I latched onto first were the assisted transaction and revenue attributions. At last! Now those lower-converting AdWords campaigns could show their value. I knew they had to be doing something, but I didn’t have the tools to prove it before.

A Sad Discovery

I quickly came to discover, however, that these Assisted attributions are not in addition to the Last-Interaction conversions but rather include any conversion that involves an AdWords click along the conversion path, even if the Last-Interaction conversion was through AdWords as well. This means that we were reporting overlapping attribution on our AdWords transactions and revenue values! Basically, we couldn’t get anywhere near accurate revenue values for Assisted and Last-Interaction Conversions when combining their values together.

Data-Driven Redemption

That is, until we built a User-Defined Conversion Segment. We call our heroine “Exclude AdWords Last Interaction.” She looks a little something like this:

Exclude AdWords Last Interaction

Turn on this segment in the AdWords section of the Multi-Channel Funnels Assisted Conversions tab and it’ll set all of your Last-Interaction values to zero in addition to excluding any overlapping Last-Interaction revenue attributions from your Assisted conversion metrics. These are the REAL sidekicks -- none posing as the breadwinner.

True Assisted Conversion Value

These reports now show overall revenue numbers that I can pass on to clients and not feel like they’re being quite so duped by the illusions of attribution as I once was.

If you need help setting up this segment or any similar to it, we’re here to help. Just let us know.