Paid Media Session 17 Quiz
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Questions and Answers

What is the main drawback of the 'First Touch' attribution model?

  • Technological advancements in attribution
  • Susceptibility to channel bias (correct)
  • Perfect method for analyzing user behavior
  • Guarantees accurate revenue credit distribution

How does the 'First Touch' attribution model assign credit for conversion?

  • Equally distributed across all touchpoints
  • 100% to the first touchpoint viewed by the consumer (correct)
  • Based on the touchpoint that drove the most visits
  • Based on the last touchpoint before conversion

In the 'Lead-Conversion click' attribution model, where is 100% of the revenue credit given?

  • To the touchpoint that drove the most revenue
  • To every touchpoint before conversion
  • To the last touchpoint before lead conversion
  • To the action that drives the visitor to become a lead (correct)

What is a common limitation of single-touch attribution models?

<p>They may not reflect the customer's complete journey (A)</p> Signup and view all the answers

How does the 'First Touch' attribution model impact brand awareness?

<p>Focuses on brand awareness as a primary metric (C)</p> Signup and view all the answers

What makes the 'First Touch' attribution model easy to configure?

<p>'First Touch' assigning 100% attribution to the initial ad viewed (D)</p> Signup and view all the answers

What is the purpose of Return on Investment (ROI)?

<p>To calculate the net profit from campaigns (B)</p> Signup and view all the answers

Why do customers rarely go directly to a website to make a purchase?

<p>Because they go through multiple points of contact before purchasing (C)</p> Signup and view all the answers

What is the main role of attribution marketing?

<p>To assign a value to different touchpoints (A)</p> Signup and view all the answers

Why is considering the buyer journey flat and linear a biased view of reality?

<p>Because it doesn't account for multiple touchpoints (C)</p> Signup and view all the answers

How does an attribution model work in marketing?

<p>By assigning a value to different channels in a user's journey (A)</p> Signup and view all the answers

What is the primary function of attribution models in marketing?

<p>To assign value to different user touchpoints (D)</p> Signup and view all the answers

Which attribution model in Google Analytics distributes credit for the conversion based on data for each conversion event?

<p>Data-driven attribution (B)</p> Signup and view all the answers

Which attribution model attributes 100% of the conversion value to the last Google Ads channel that the customer clicked through before converting?

<p>Ads-preferred rules-based model (B)</p> Signup and view all the answers

Which type of attribution model in Google Analytics includes Cross-channel last click, first click, linear, position-based, and time-decay models?

<p>Cross-channel rules-based models (B)</p> Signup and view all the answers

What is the primary purpose of the models described in the text?

<p>To study historical customer data and determine the impact of marketing channels on conversions (A)</p> Signup and view all the answers

Which of the following is NOT mentioned as an example of the algorithms used in these models?

<p>Logistic regression (C)</p> Signup and view all the answers

What is a potential drawback of using these custom models?

<p>They are difficult and time-consuming to build (C)</p> Signup and view all the answers

When would the text recommend using custom models for attribution?

<p>When customer journeys are long and complex (B)</p> Signup and view all the answers

Based on the example user path provided, which channel is directly responsible for the conversion?

<p>Email (C)</p> Signup and view all the answers

What is a crucial aspect to reflect on before starting a digital attribution project?

<p>Ensuring all digital media activities are being measured (C)</p> Signup and view all the answers

Which factor should be considered when choosing the right attribution model?

<p>Time taken for a user to convert (C)</p> Signup and view all the answers

Why should impressions be measured in addition to clicks in a digital attribution project?

<p>Impressions provide insight into visibility (B)</p> Signup and view all the answers

What should be excluded from measurement in terms of digital assets on a website?

<p>Artificial visits (C)</p> Signup and view all the answers

Why are single touchpoint models not ideal for complex conversions?

<p>They do not take into account multiple visits or long conversion processes (C)</p> Signup and view all the answers

What aspect helps in determining the stability of the environment for implementing an attribution model?

<p>Agility of implementation (B)</p> Signup and view all the answers

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