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• How to Choose the Optimal Multi-Touch Attribution Model for Your Organisation

  13 mars 2023, par Erin — Analytics Tips

  If you struggle to connect the dots on your customer journeys, you are researching the correct solution. 

  Multi-channel attribution models allow you to better understand the users’ paths to conversion and identify key channels and marketing assets that assist them.

  That said, each attribution model has inherent limitations, which make the selection process even harder.

  This guide explains how to choose the optimal multi-touch attribution model. We cover the pros and cons of popular attribution models, main evaluation criteria and how-to instructions for model implementation. 

  Pros and Cons of Different Attribution Models 

  

  First Interaction 

  First Interaction attribution model (also known as first touch) assigns full credit to the conversion to the first channel, which brought in a lead. However, it doesn’t report other interactions the visitor had before converting.
  
  Marketers, who are primarily focused on demand generation and user acquisition, find the first touch attribution model useful to evaluate and optimise top-of-the-funnel (ToFU). 

  Pros 

  • Reflects the start of the customer journey
  • Shows channels that bring in the best-qualified leads 
  • Helps track brand awareness campaigns

  Cons 

  • Ignores the impact of later interactions at the middle and bottom of the funnel 
  • Doesn’t provide a full picture of users’ decision-making process 

  Last Interaction 

  Last Interaction attribution model (also known as last touch) shifts the entire credit allocation to the last channel before conversion. But it doesn’t account for the contribution of all other channels. 

  If your focus is conversion optimization, the last-touch model helps you determine which channels, assets or campaigns seal the deal for the prospect. 

  Pros 

  • Reports bottom-of-the-funnel events
  • Requires minimal data and configurations 
  • Helps estimate cost-per-lead or cost-per-acquisition

  Cons 

  • No visibility into assisted conversions and prior visitor interactions 
  • Overemphasise the importance of the last channel (which can often be direct traffic) 

  Last Non-Direct Interaction 

  Last Non-Direct attribution excludes direct traffic from the calculation and assigns the full conversion credit to the preceding channel. For example, a paid ad will receive 100% of credit for conversion if a visitor goes directly to your website to buy a product. 

  Last Non-Direct attribution provides greater clarity into the bottom-of-the-funnel (BoFU). events. Yet, it still under-reports the role other channels played in conversion. 

  Pros 

  • Improved channel visibility, compared to Last-Touch 
  • Avoids over-valuing direct visits
  • Reports on lead-generation efforts

  Cons 

  • Doesn’t work for account-based marketing (ABM) 
  • Devalues the quality over quantity of leads 

  Linear Model

  Linear attribution model assigns equal credit for a conversion to all tracked touchpoints, regardless of their impact on the visitor’s decision to convert.

  It helps you understand the full conversion path. But this model doesn’t distinguish between the importance of lead generation activities versus nurturing touches.

  Pros 

  • Focuses on all touch points associated with a conversion 
  • Reflects more steps in the customer journey 
  • Helps analyse longer sales cycles

  Cons 

  • Doesn’t accurately reflect the varying roles of each touchpoint 
  • Can dilute the credit if too many touchpoints are involved 

  Time Decay Model 

  Time decay models assumes that the closer a touchpoint is to the conversion, the greater its influence. Pre-conversion touchpoints get the highest credit, while the first ones are ranked lower (5%-5%-10%-15%-25%-30%).

  This model better reflects real-life customer journeys. However, it devalues the impact of brand awareness and demand-generation campaigns. 

  Pros 

  • Helps track longer sales cycles and reports on each touchpoint involved 
  • Allows customising the half-life of decay to improve reporting 
  • Promotes conversion optimization at BoFu stages

  Cons 

  • Can prompt marketers to curtail ToFU spending, which would translate to fewer qualified leads at lower stages
  • Doesn’t reflect highly-influential events at earlier stages (e.g., a product demo request or free account registration, which didn’t immediately lead to conversion)

  Position-Based Model 

  Position-Based attribution model (also known as the U-shaped model) allocates the biggest credit to the first and the last interaction (40% each). Then distributes the remaining 20% across other touches. 

  For many marketers, that’s the preferred multi-touch attribution model as it allows optimising both ToFU and BoFU channels. 

  Pros 

  • Helps establish the main channels for lead generation and conversion
  • Adds extra layers of visibility, compared to first- and last-touch attribution models 
  • Promotes budget allocation toward the most strategic touchpoints

  Cons 

  • Diminishes the importance of lead nurturing activities as more credit gets assigned to demand-gen and conversion-generation channels
  • Limited flexibility since it always assigns a fixed amount of credit to the first and last touchpoints, and the remaining credit is divided evenly among the other touchpoints

  How to Choose the Right Multi-Touch Attribution Model For Your Business 

  If you’re deciding which attribution model is best for your business, prepare for a heated discussion. Each one has its trade-offs as it emphasises or devalues the role of different channels and marketing activities.

  To reach a consensus, the best strategy is to evaluate each model against three criteria: Your marketing objectives, sales cycle length and data availability. 

  Marketing Objectives 

  Businesses generate revenue in many ways: Through direct sales, subscriptions, referral fees, licensing agreements, one-off or retainer services. Or any combination of these activities. 

  In each case, your marketing strategy will look different. For example, SaaS and direct-to-consumer (DTC) eCommerce brands have to maximise both demand generation and conversion rates. In contrast, a B2B cybersecurity consulting firm is more interested in attracting qualified leads (as opposed to any type of traffic) and progressively nurturing them  towards a big-ticket purchase. 

  When selecting a multi-touch attribution model, prioritise your objectives first. Create a simple scoreboard, where your team ranks various channels and campaign types you rely on to close sales. 

  Alternatively, you can survey your customers to learn how they first heard about your company and what eventually triggered their conversion. Having data from both sides can help you cross-validate your assumptions and eliminate some biases. 

  Then consider which model would best reflect the role and importance of different channels in your sales cycle. Speaking of which….

  Sales Cycle Length 

  As shoppers, we spend less time deciding on a new toothpaste brand versus contemplating a new IT system purchase. Factors like industry, business model (B2C, DTC, B2B, B2BC), and deal size determine the average cycle length in your industry. 

  Statistically, low-ticket B2C sales can happen within just several interactions. The average B2B decision-making process can have over 15 steps, spread over several months. 

  That’s why not all multi-touch attribution models work equally well for each business. Time-decay suits better B2B companies, while B2C usually go for position-based or linear attribution. 

  Data Availability 

  Businesses struggle with multi-touch attribution model implementation due to incomplete analytics data. 

  Our web analytics tool captures more data than Google Analytics. That’s because we rely on a privacy-focused tracking mechanism, which allows you to collect analytics without showing a cookie consent banner in markets outside of Germany and the UK. 

  Cookie consent banners are mandatory with Google Analytics. Yet, almost 40% of global consumers reject it. This results in gaps in your analytics and subsequent inconsistencies in multi-touch attribution reports. With Matomo, you can compliantly collect more data for accurate reporting. 

  Some companies also struggle to connect collected insights to individual shoppers. With Matomo, you can cross-attribute users across browning sessions, using our visitors’ tracking feature. 

  When you already know a user’s identifier (e.g., full name or email address), you can track their on-site behaviours over time to better understand how they interact with your content and complete their purchases.  Quick disclaimer, though, visitors’ tracking may not be considered compliant with certain data privacy laws. Please consult with a local authority if you have doubts.  

  How to Implement Multi-Touch Attribution

  Multi-touch attribution modelling implementation is like a “seek and find” game. You have to identify all significant touchpoints in your customers’ journeys. And sometimes also brainstorm new ways to uncover the missing parts. Then figure out the best way to track users’ actions at those stages (aka do conversion and events tracking). 

  Here’s a step-by-step walkthrough to help you get started. 

  Select a Multi-Touch Attribution Tool 

  The global marketing attribution software is worth $3.1 billion. Meaning there are plenty of tools, differing in terms of accuracy, sophistication and price.

  To make the right call prioritise five factors:

  • Available models: Look for a solution that offers multiple options and allows you to experiment with different modelling techniques or develop custom models. 
  • Implementation complexity: Some providers offer advanced data modelling tools for creating custom multi-touch attribution models, but offer few out-of-the-box modelling options. 
  • Accuracy: Check if the shortlisted tool collects the type of data you need. Prioritise providers who are less dependent on third-party cookies and allow you to identify repeat users. 
  • Your marketing stack: Some marketing attribution tools come with useful add-ons such as tag manager, heatmaps, form analytics, user session recordings and A/B testing tools. This means you can collect more data for multi-channel modelling with them instead of investing in extra software. 
  • Compliance: Ensure that the selected multi-attribution analytics software wouldn’t put you at risk of GDPR non-compliance when it comes to user privacy and consent to tracking/analysis. 

  Finally, evaluate the adoption costs. Free multi-channel analytics tools come with data quality and consistency trade-offs. Premium attribution tools may have “hidden” licensing costs and bill you for extra data integrations. 

  Look for a tool that offers a good price-to-value ratio (i.e., one that offers extra perks for a transparent price). 

  Set Up Proper Data Collection 

  Multi-touch attribution requires ample user data. To collect the right type of insights you need to set up: 

  • Website analytics: Ensure that you have all tracking codes installed (and working correctly!) to capture pageviews, on-site actions, referral sources and other data points around what users do on page. 
  • Tags: Add tracking parameters to monitor different referral channels (e.g., “facebook”), campaign types (e.g., ”final-sale”), and creative assets (e.g., “banner-1”). Tags help you get a clearer picture of different touchpoints. 
  • Integrations: To better identify on-site users and track their actions, you can also populate your attribution tool with data from your other tools – CRM system, A/B testing app, etc. 

  Finally, think about the ideal lookback window — a bounded time frame you’ll use to calculate conversions. For example, Matomo has a default windows of 7, 30 or 90 days. But you can configure a custom period to better reflect your average sales cycle. For instance, if you’re selling makeup, a shorter window could yield better results. But if you’re selling CRM software for the manufacturing industry, consider extending it.

  Configure Goals and Events 

  Goals indicate your main marketing objectives — more traffic, conversions and sales. In web analytics tools, you can measure these by tracking specific user behaviours. 

  For example: If your goal is lead generation, you can track:

  • Newsletter sign ups 
  • Product demo requests 
  • Gated content downloads 
  • Free trial account registration 
  • Contact form submission 
  • On-site call bookings 

  In each case, you can set up a unique tag to monitor these types of requests. Then analyse conversion rates — the percentage of users who have successfully completed the action. 

  To collect sufficient data for multi-channel attribution modelling, set up Goal Tracking for different types of touchpoints (MoFU & BoFU) and asset types (contact forms, downloadable assets, etc). 

  Your next task is to figure out how users interact with different on-site assets. That’s when Event Tracking comes in handy. 

  Event Tracking reports notify you about specific actions users take on your website. With Matomo Event Tracking, you can monitor where people click on your website, on which pages they click newsletter subscription links, or when they try to interact with static content elements (e.g., a non-clickable banner). 

  Using in-depth user behavioural reports, you can better understand which assets play a key role in the average customer journey. Using this data, you can localise “leaks” in your sales funnel and fix them to increase conversion rates.

  Test and Validated the Selected Model 

  A common challenge of multi-channel attribution modelling is determining the correct correlation and causality between exposure to touchpoints and purchases. 

  For example, a user who bought a discounted product from a Facebook ad would act differently than someone who purchased a full-priced product via a newsletter link. Their rate of pre- and post-sales exposure will also differ a lot — and your attribution model may not always accurately capture that. 

  That’s why you have to continuously test and tweak the selected model type. The best approach for that is lift analysis. 

  Lift analysis means comparing how your key metrics (e.g., revenue or conversion rates) change among users who were exposed to a certain campaign versus a control group. 

  In the case of multi-touch attribution modelling, you have to monitor how your metrics change after you’ve acted on the model recommendations (e.g., invested more in a well-performing referral channel or tried a new brand awareness Twitter ad). Compare the before and after ROI. If you see a positive dynamic, your model works great. 

  The downside of this approach is that you have to invest a lot upfront. But if your goal is to create a trustworthy attribution model, the best way to validate is to act on its suggestions and then test them against past results. 

  Conclusion

  A multi-touch attribution model helps you measure the impact of different channels, campaign types, and marketing assets on metrics that matter — conversion rate, sales volumes and ROI. 

  Using this data, you can invest budgets into the best-performing channels and confidently experiment with new campaign types. 

  As a Matomo user, you also get to do so without breaching customers’ privacy or compromising on analytics accuracy.

  Start using accurate multi-channel attribution in Matomo. Get your free 21-day trial now. No credit card required.

• Benefits and Shortcomings of Multi-Touch Attribution

  13 mars 2023, par Erin — Analytics Tips

  Few sales happen instantly. Consumers take their time to discover, evaluate and become convinced to go with your offer. 

  Multi-channel attribution (also known as multi-touch attribution or MTA) helps businesses better understand which marketing tactics impact consumers’ decisions at different stages of their buying journey. Then double down on what’s working to secure more sales. 

  Unlike standard analytics, multi-channel modelling combines data from various channels to determine their cumulative and independent impact on your conversion rates. 

  The main benefit of multi-touch attribution is obvious: See top-performing channels, as well as those involved in assisted conversions. The drawback of multi-touch attribution: It comes with a more complex setup process. 

  If you’re on the fence about getting started with multi-touch attribution, here’s a summary of the main arguments for and against it. 

  What Are the Benefits of Multi-Touch Attribution?

  Remember an old parable of blind men and an elephant?

  Each one touched the elephant and drew conclusions about how it might look. The group ended up with different perceptions of the animal and thought the others were lying…until they decided to work together on establishing the truth.

  Multi-channel analytics works in a similar way: It reconciles data from various channels and campaign types into one complete picture. So that you can get aligned on the efficacy of different campaign types and gain some other benefits too. 

  Better Understanding of Customer Journeys 

  On average, it takes 8 interactions with a prospect to generate a conversion. These interactions happen in three stages: 

  • Awareness: You need to introduce your company to the target buyers and pique their interest in your solution (top-of-the-funnel). 
  • Consideration: The next step is to channel this casual interest into deliberate research and evaluation of your offer (middle-of-the-funnel). 
  • Decision: Finally, you need to get the buyer to commit to your offer and close the deal (bottom-of-the-funnel). 

  You can analyse funnels using various attribution models — last-click, fist-click, position-based attribution, etc. Each model, however, will spotlight the different element(s) of your sales funnel. 

  For example, a single-touch attribution model like last-click zooms in on the bottom-of-the-funnel stage. You can evaluate which channels (or on-site elements) sealed the deal for the prospect. For example, a site visitor arrived from an affiliate link and started a free trial. In this case, the affiliate (referral traffic) gets 100% credit for the conversion. 

  This measurement tactic, however, doesn’t show which channels brought the customer to the very bottom of your funnel. For instance, they may have interacted with a social media post, your landing pages or a banner ad before that. 

  Multi-touch attribution modelling takes funnel analysis a notch further. In this case, you map more steps in the customer journey — actions, events, and pages that triggered a visitor’s decision to convert — in your website analytics tool.

  

  Then, select a multi-touch attribution model, which provides more backward visibility aka allows you to track more than one channel, preceding the conversion. 

  For example, a Position Based attribution model reports back on all interactions a site visitor had between their first visit and conversion. 

  A prospect first lands at your website via search results (Search traffic), which gets a 40% credit in this model. Two days later, the same person discovers a mention of your website on another blog and visits again (Referral traffic). This time, they save the page as a bookmark and revisit it again in two more days (Direct traffic). Each of these channels will get a 10% credit. A week later, the prospect lands again on your site via Twitter (Social) and makes a request for a demo. Social would then receive a 40% credit for this conversion. Last-click would have only credited social media and first-click — search engines. 

  The bottom line: Multi-channel attribution models show how different channels (and marketing tactics) contribute to conversions at different stages of the customer journey. Without it, you get an incomplete picture.

  Improved Budget Allocation 

  Understanding causal relationships between marketing activities and conversion rates can help you optimise your budgets.

  First-click/last-click attribution models emphasise the role of one channel. This can prompt you toward the wrong conclusions. 

  For instance, your Facebook ads campaigns do great according to a first-touch model. So you decide to increase the budget. What you might be missing though is that you could have an even higher conversion rate and revenue if you fix “funnel leaks” — address high drop-off rates during checkout, improve page layout and address other possible reasons for exiting the page.

  

  By knowing when and why people abandon their purchase journey, you can improve your marketing velocity (aka the speed of seeing the campaign results) and your marketing costs (aka the budgets you allocate toward different assets, touchpoints and campaign types).  

  Or as one of the godfathers of marketing technology, Dan McGaw, explained in a webinar:

  “Once you have a multi-touch attribution model, you [can] actually know the return on ad spend on a per-campaign basis. Sometimes, you can get it down to keywords. Sometimes, you can get down to all kinds of other information, but you start to realise, “Oh, this campaign sucks. I should shut this off.” And then really, that’s what it’s about. It’s seeing those campaigns that suck and turning them off and then taking that budget and putting it into the campaigns that are working”.

  More Accurate Measurements 

  The big boon of multi-channel marketing attribution is that you can zoom in on various elements of your funnel and gain granular data on the asset’s performance. 

  In other words: You get more accurate insights into the different elements involved in customer journeys. But for accurate analytics measurements, you must configure accurate tracking. 

  Define your objectives first: How do you want a multi-touch attribution tool to help you? Multi-channel attribution analysis helps you answer important questions such as:

  • How many touchpoints are involved in the conversions? 
  • How long does it take for a lead to convert on average? 
  • When and where do different audience groups convert? 
  • What is your average win rate for different types of campaigns?

  Your objectives will dictate which multi-channel modelling approach will work best for your business — as well as the data you’ll need to collect. 

  At the highest level, you need to collect two data points:

  • Conversions: Desired actions from your prospects — a sale, a newsletter subscription, a form submission, etc. Record them as tracked Goals. 
  • Touchpoints: Specific interactions between your brand and targets — specific page visits, referral traffic from a particular marketing channel, etc. Record them as tracked Events.  

  Your attribution modelling software will then establish correlation patterns between actions (conversions) and assets (touchpoints), which triggered them. 

  The accuracy of these measurements, however, will depend on the quality of data and the type of attribution modelling used. 

  Data quality stands for your ability to procure accurate, complete and comprehensive information from various touchpoints. For instance, some data won’t be available if the user rejected a cookie consent banner (unless you’re using a privacy-focused web analytics tool like Matomo). 

  Different attribution modelling techniques come with inherent shortcomings too as they don’t accurately represent the average sales cycle length or track visitor-level data, which allows you to understand which customer segments convert best.

  Learn more about selecting the optimal multi-channel attribution model for your business.

  What Are the Limitations of Multi-Touch Attribution?

  Overall, multi-touch attribution offers a more comprehensive view of the conversion paths. However, each attribution model (except for custom ones) comes with inherent assumptions about the contribution of different channels (e.g,. 25%-25%-25%-25% in linear attribution or 40%-10%-10%-40% in position-based attribution). These conversion credit allocations may not accurately represent the realities of your industry. 

  Also, most attribution models don’t reflect incremental revenue you gain from existing customers, which aren’t converting through analysed channels. For example, account upgrades to a higher tier, triggered via an in-app offer. Or warranty upsell, made via a marketing email. 

  In addition, you should keep in mind several other limitations of multi-touch attribution software.

  Limited Marketing Mix Analysis 

  Multi-touch attribution tools work in conjunction with your website analytics app (as they draw most data from it). Because of that, such models inherit the same visibility into your marketing mix — a combo of tactics you use to influence consumer decisions.

  Multi-touch attribution tools cannot evaluate the impact of:

  • Dark social channels 
  • Word-of-mouth 
  • Offline promotional events
  • TV or out-of-home ad campaigns 

  If you want to incorporate this data into your multi-attribution reporting, you’ll have to procure extra data from other systems — CRM, ad measurement partners, etc, — and create complex custom analytics models for its evaluation.

  Time-Based Constraints 

  Most analytics apps provide a maximum 90-day lookback window for attribution. This can be short for companies with longer sales cycles. 

  

  Marketing channels can be overlooked or underappreciated when your attribution window is too short. Because of that, you may curtail spending on brand awareness campaigns, which, in turn, will reduce the number of people entering the later stages of your funnel. 

  At the same time, many businesses would also want to track a look-forward window — the revenue you’ll get from one customer over their lifetime. In this case, not all tools may allow you to capture accurate information on repeat conversions — through re-purchases, account tier updates, add-ons, upsells, etc. 

  Again, to get an accurate picture you’ll need to understand how far into the future you should track conversions. Will you only record your first sales as a revenue number or monitor customer lifetime value (CLV) over 3, 6 or 12 months? 

  The latter is more challenging to do. But CLV data can add another depth of dimension to your modelling accuracy. With Matomo, you set up this type of tracking by using our visitors’ tracking feature. We can help you track select visitors with known identifiers (e.g. name or email address) to discover their visiting patterns over time. 

  

  Limited Access to Raw Data 

  In web analytics, raw data stands for unprocessed website visitor information, stripped from any filters, segmentation or sampling applied. 

  Data sampling is a practice of analysing data subsets (instead of complete records) to extrapolate findings towards the entire data set. Google Analytics 4 applies data sampling once you hit over 500k sessions at the property level. So instead of accurate, real-life reporting, you receive approximations, generated by machine learning models. Data sampling is one of the main reasons behind Google Analytics’ accuracy issues. 

  In multi-channel attribution modelling, usage of sampled data creates further inconsistencies between the reports and the actual state of affairs. For instance, if your website generates 5 million page views, GA multi-touch analytical reports are based on the 500K sample size aka only 90% of the collected information. This hardly represents the real effect of all marketing channels and can lead to subpar decision-making. 

  With Matomo, the above is never an issue. We don’t apply data sampling to any websites (no matter the volume of traffic) and generate all the reports, including multi-channel attribution ones, based on 100% real user data. 

  AI Application 

  On the other hand, websites with smaller traffic volumes often have limited sampling datasets for building attribution models. Some tracking data may also be not available because the visitor rejected a cookie banner, for instance. On average, less than 50% of users in Australia, France, Germany, Denmark and the US among other countries always consent to all cookies. 

  To compensate for such scenarios, some multi-touch attribution solutions apply AI algorithms to “fill in the blanks”, which impacts the reporting accuracy. Once again, you get approximate data of what probably happened. However, Matomo is legally exempt from showing a cookie consent banner in most EU markets. Meaning you can collect 100% accurate data to make data-driven decisions.

  Difficult Technical Implementation 

  Ever since attribution modelling got traction in digital marketing, more and more tools started to emerge.

  

  Most web analytics apps include multi-touch attribution reports. Then there are standalone multi-channel attribution platforms, offering extra features for conversion rate optimization, offline channel tracking, data-driven custom modelling, etc. 

  Most advanced solutions aren’t available out of the box. Instead, you have to install several applications, configure integrations with requested data sources, and then use the provided interfaces to code together custom data models. Such solutions are great if you have a technical marketer or a data science team. But a steep learning curve and high setup costs make them less attractive for smaller teams. 

  Conclusion 

  Multi-touch attribution modelling lifts the curtain in more steps, involved in various customer journeys. By understanding which touchpoints contribute to conversions, you can better plan your campaign types and budget allocations. 

  That said, to benefit from multi-touch attribution modelling, marketers also need to do the preliminary work: Determine the key goals, set up event and conversion tracking, and then — select the optimal attribution model type and tool. 

  Matomo combines simplicity with sophistication. We provide marketers with familiar, intuitive interfaces for setting up conversion tracking across the funnel. Then generate attribution reports, based on 100% accurate data (without any sampling or “guesstimation” applied). You can also get access to raw analytics data to create custom attribution models or plug it into another tool! 

  Start using accurate, easy-to-use multi-channel attribution with Matomo. Start your free 21-day trial now. No credit card requried. 

• What is Multi-Touch Attribution ? (And How To Get Started)

  2 février 2023, par Erin — Analytics Tips

  Good marketing thrives on data. Or more precisely — its interpretation. Using modern analytics software, we can determine which marketing actions steer prospects towards the desired action (a conversion event). 

  An attribution model in marketing is a set of rules that determine how various marketing tactics and channels impact the visitor’s progress towards a conversion. 

  Yet, as customer journeys become more complicated and involve multiple “touches”, standard marketing reports no longer tell the full picture.  

  That’s when multi-touch attribution analysis comes to the fore. 

  What is Multi-Touch Attribution?

  Multi-touch attribution (also known as multi-channel attribution or cross-channel attribution) measures the impact of all touchpoints on the consumer journey on conversion. 

  Unlike single-touch reporting, multi-touch attribution models give credit to each marketing element — a social media ad, an on-site banner, an email link click, etc. By seeing impacts from every touchpoint and channel, marketers can avoid false assumptions or subpar budget allocations.

  To better understand the concept, let’s interpret the same customer journey using a standard single-touch report vs a multi-touch attribution model. 

  Picture this: Jammie is shopping around for a privacy-centred web analytics solution. She saw a recommendation on Twitter and ended up on the Matomo website. After browsing a few product pages and checking comparisons with other web analytics tools, she signs up for a webinar. One week after attending, Jammie is convinced that Matomo is the right tool for her business and goes directly to the Matomo website a starts a free trial. 

  • A standard single-touch report would attribute 100% of the conversion to direct traffic, which doesn’t give an accurate view of the multiple touchpoints that led Jammie to start a free trial. 
  • A multi-channel attribution report would showcase all the channels involved in the free trial conversion — social media, website content, the webinar, and then the direct traffic source.

  In other words: Multi-touch attribution helps you understand how prospects move through the sales funnel and which elements tinder them towards the desired outcome. 

  Types of Attribution Models

  As marketers, we know that multiple factors play into a conversion — channel type, timing, user’s stage on the buyer journey and so on. Various attribution models exist to reflect this variability.  

  

  First Interaction attribution model (otherwise known as first touch) gives all credit for the conversion to the first channel (for example — a referral link) and doesn’t report on all the other interactions a user had with your company (e.g., clicked a newsletter link, engaged with a landing page, or browsed the blog campaign).

  First-touch helps optimise the top of your funnel and establish which channels bring the best leads. However, it doesn’t offer any insight into other factors that persuaded a user to convert. 

  Last Interaction attribution model (also known as last touch) allocates 100% credit to the last channel before conversion — be it direct traffic, paid ad, or an internal product page.

  The data is useful for optimising the bottom-of-the-funnel (BoFU) elements. But you have no visibility into assisted conversions — interactions a user had prior to conversion.  

  Last Non-Direct attribution model model excludes direct traffic and assigns 100% credit for a conversion to the last channel a user interacted with before converting. For instance, a social media post will receive 100% of credit if a shopper buys a product three days later. 

  This model is more telling about the other channels, involved in the sales process. Yet, you’re seeing only one step backwards, which may not be sufficient for companies with longer sales cycles.

  Linear attribution model distributes an equal credit for a conversion between all tracked touchpoints.

  For instance, with a four touchpoint conversion (e.g., an organic visit, then a direct visit, then a social visit, then a visit and conversion from an ad campaign) each touchpoint would receive 25% credit for that single conversion.

  This is the simplest multi-channel attribution modelling technique many tools support. The nuance is that linear models don’t reflect the true impact of various events. After all, a paid ad that introduced your brand to the shopper and a time-sensitive discount code at the checkout page probably did more than the blog content a shopper browsed in between. 

  Position Based attribution model allocates a 40% credit to the first and the last touchpoints and then spreads the remaining 20% across the touchpoints between the first and last. 

  This attribution model comes in handy for optimising conversions across the top and the bottom of the funnel. But it doesn’t provide much insight into the middle, which can skew your decision-making. For instance, you may overlook cases when a shopper landed via a social media post, then was re-engaged via email, and proceeded to checkout after an organic visit. Without email marketing, that sale may not have happened.

  Time decay attribution model adjusts the credit, based on the timing of the interactions. Touchpoints that preceded the conversion get the highest score, while the first ones get less weight (e.g., 5%-5%-10%-15%-25%-30%).

  This multi-channel attribution model works great for tracking the bottom of the funnel, but it underestimates the impact of brand awareness campaigns or assisted conversions at mid-stage. 

  Why Use Multi-Touch Attribution Modelling

  Multi-touch attribution provides you with the full picture of your funnel. With accurate data across all touchpoints, you can employ targeted conversion rate optimisation (CRO) strategies to maximise the impact of each campaign. 

  Most marketers and analysts prefer using multi-touch attribution modelling — and for some good reasons.

  Issues multi-touch attribution solves 

  • Funnel visibility. Understand which tactics play an important role at the top, middle and bottom of your funnel, instead of second-guessing what’s working or not. 
  • Budget allocations. Spend money on channels and tactics that bring a positive return on investment (ROI). 
  • Assisted conversions. Learn how different elements and touchpoints cumulatively contribute to the ultimate goal — a conversion event — to optimise accordingly. 
  • Channel segmentation. Determine which assets drive the most qualified and engaged leads to replicate them at scale.
  • Campaign benchmarking. Compare how different marketing activities from affiliate marketing to social media perform against the same metrics.

  How To Get Started With Multi-Touch Attribution 

  To make multi-touch attribution part of your analytics setup, follow the next steps:

  1. Define Your Marketing Objectives 

  Multi-touch attribution helps you better understand what led people to convert on your site. But to capture that, you need to first map the standard purchase journeys, which include a series of touchpoints — instances, when a prospect forms an opinion about your business.

  Touchpoints include:

  • On-site interactions (e.g., reading a blog post, browsing product pages, using an on-site calculator, etc.)
  • Off-site interactions (e.g., reading a review, clicking a social media link, interacting with an ad, etc.)

  Combined these interactions make up your sales funnel — a designated path you’ve set up to lead people toward the desired action (aka a conversion). 

  Depending on your business model, you can count any of the following as a conversion:

  • Purchase 
  • Account registration 
  • Free trial request 
  • Contact form submission 
  • Online reservation 
  • Demo call request 
  • Newsletter subscription

  So your first task is to create a set of conversion objectives for your business and add them as Goals or Conversions in your web analytics solution. Then brainstorm how various touchpoints contribute to these objectives. 

  Web analytics tools with multi-channel attribution, like Matomo, allow you to obtain an extra dimension of data on touchpoints via Tracked Events. Using Event Tracking, you can analyse how many people started doing a desired action (e.g., typing details into the form) but never completed the task. This way you can quickly identify “leaking” touchpoints in your funnel and fix them. 

  2. Select an Attribution Model 

  Multi-attribution models have inherent tradeoffs. Linear attribution model doesn’t always represent the role and importance of each channel. Position-based attribution model emphasises the role of the last and first channel while diminishing the importance of assisted conversions. Time-decay model, on the contrary, downplays the role awareness-related campaigns played.

  To select the right attribution model for your business consider your objectives. Is it more important for you to understand your best top of funnel channels to optimise customer acquisition costs (CAC)? Or would you rather maximise your on-site conversion rates? 

  Your industry and the average cycle length should also guide your choice. Position-based models can work best for eCommerce and SaaS businesses where both CAC and on-site conversion rates play an important role. Manufacturing companies or educational services providers, on the contrary, will benefit more from a time-decay model as it better represents the lengthy sales cycles. 

  3. Collect and Organise Data From All Touchpoints 

  Multi-touch attribution models are based on available funnel data. So to get started, you will need to determine which data sources you have and how to best leverage them for attribution modelling. 

  Types of data you should collect: 

  • General web analytics data: Insights on visitors’ on-site actions — visited pages, clicked links, form submissions and more.
  • Goals (Conversions):  Reports on successful conversions across different types of assets. 
  • Behavioural user data: Some tools also offer advanced features such as heatmaps, session recording and A/B tests. These too provide ample data into user behaviours, which you can use to map and optimise various touchpoints.

  You can also implement extra tracking, for instance for contact form submissions, live chat contacts or email marketing campaigns to identify repeat users in your system. Just remember to stay on the good side of data protection laws and respect your visitors’ privacy. 

  Separately, you can obtain top-of-the-funnel data by analysing referral traffic sources (channel, campaign type, used keyword, etc). A Tag Manager comes in handy as it allows you to zoom in on particular assets (e.g., a newsletter, an affiliate, a social campaign, etc). 

  Combined, these data points can be parsed by an app, supporting multi-touch attribution (or a custom algorithm) and reported back to you as specific findings. 

  Sounds easy, right? Well, the devil is in the details. Getting ample, accurate data for multi-touch attribution modelling isn’t easy. 

  Marketing analytics has an accuracy problem, mainly for two reasons:

  • Cookie consent banner rejection 
  • Data sampling application

  Please note that we are not able to provide legal advice, so it’s important that you consult with your own DPO to ensure compliance with all relevant laws and regulations.

  If you’re collecting web analytics in the EU, you know that showing a cookie consent banner is a GDPR must-do. But many consumers don’t often rush to accept cookie consent banners. The average consent rate for cookies in 2021 stood at 54% in Italy, 45% in France, and 44% in Germany. The consent rates are likely lower in 2023, as Google was forced to roll out a “reject all” button for cookie tracking in Europe, while privacy organisations lodge complaints against individual businesses for deceptive banners. 

  For marketers, cookie rejection means substantial gaps in analytics data. The good news is that you can fill in those gaps by using a privacy-centred web analytics tool like Matomo. 

  Matomo takes extra safeguards to protect user privacy and supports fully cookieless tracking. Because of that, Matomo is legally exempt from tracking consent in France. Plus, you can configure to use our analytics tool without consent banners in other markets outside of Germany and the UK. This way you get to retain the data you need for audience modelling without breaching any privacy regulations. 

  Data sampling application partially stems from the above. When a web analytics or multi-channel attribution tool cannot secure first-hand data, the “guessing game” begins. Google Analytics, as well as other tools, often rely on synthetic AI-generated data to fill in the reporting gaps. Respectively, your multi-attribution model doesn’t depict the real state of affairs. Instead, it shows AI-produced guesstimates of what transpired whenever not enough real-world evidence is available.

  4. Evaluate and Select an Attribution Tool 

  Google Analytics (GA) offers several multi-touch attribution models for free (linear, time-decay and position-based). The disadvantage of GA multi-touch attribution is its lower accuracy due to cookie rejection and data sampling application.

  At the same time, you cannot create custom credit allocations for the proposed models, unless you have the paid version of GA, Google Analytics 360. This version of GA comes with a custom Attribution Modeling Tool (AMT). The price tag, however, starts at USD $50,000 per year. 

  Matomo Cloud offers multi-channel conversion attribution as a feature and it is available as a plug-in on the marketplace for Matomo On-Premise. We support linear, position-based, first-interaction, last-interaction, last non-direct and time-decay modelling, based fully on first-hand data. You also get more precise insights because cookie consent isn’t an issue with us. 

  Most multi-channel attribution tools, like Google Analytics and Matomo, provide out-of-the-box multi-touch attribution models. But other tools, like Matomo On-Premise, also provide full access to raw data so you can develop your own multi-touch attribution models and do custom attribution analysis. The ability to create custom attribution analysis is particularly beneficial for data analysts or organisations with complex and unique buyer journeys. 

  Conclusion

  Ultimately, multi-channel attribution gives marketers greater visibility into the customer journey. By analysing multiple touchpoints, you can establish how various marketing efforts contribute to conversions. Then use this information to inform your promotional strategy, budget allocations and CRO efforts. 

  The key to benefiting the most from multi-touch attribution is accurate data. If your analytics solution isn’t telling you the full story, your multi-touch model won’t either. 

  Collect accurate visitor data for multi-touch attribution modelling with Matomo. Start your free 21-day trial now. 

• Matomo’s privacy-friendly web analytics software named best of the year 2022

  25 janvier 2023, par Erin

  W3Tech names Matomo ‘Traffic Analysis Tool of the Year 2022’ in its Web Technologies of the Year list of technologies that gained the most sites

  Matomo, a world-leading open-source web analytics platform, is proud to announce that it has received W3Tech’s award for the best web analytics software in its Web Technologies of the Year 2022. Matomo is the first independent, open-source tool named Traffic Analysis Tool of the Year – with previous winners including Google Analytics and Facebook Pixel.


  W3Tech, a trusted source for web technology research, determines winners for its annual Web Technologies of the Year list by technologies that gained the most websites. W3Tech surveys usage across millions of websites globally – comparing the number of sites using a technology on January 1st of one year with the number of sites using it the following year.

  W3Tech commenting on the Traffic Analysis Tool winners, said: “Matomo, the privacy-focused open source analytics platform, is the traffic analysis tool of the year for the first time, while Google Analytics and the other previous winners all lost a bit of market share in 2022. The Chinese Baidu Analytics ranks second this year. Snowplow, another open source tool, is an unexpected third.”


  Matomo launched in 2007 as an open-source analytics alternative to Google Analytics, keeps businesses GDPR and CCPA-compliant. Matomo is trusted by over 1.4 million websites in 220 countries and is translated into over 50 languages.


  Matomo founder Matthieu Aubry says, “As the first independent, open-source traffic analysis tool to receive this recognition, Matomo is humbled and honoured to lead the charge for change. It’s a testament to the hard work of our community, and it’s a clear sign that consumers and organisations are looking for ethical alternatives.


  “This recognition is a major win for the entire privacy movement and proves that the tide is turning against the big tech players who I believe have long prioritised profits over privacy. We are committed to continuing our work towards a more private and secure digital landscape for all.”


  In W3Tech’s Web Technologies of the Year 2022, Matomo was also judged third Tag Manager, behind Google Tag Manager and Adobe DTM.


  Matomo helps businesses and organisations track and optimise their online presence allowing users to easily collect, analyse, and act on their website and marketing data to gain a deeper understanding of their visitors and drive conversions and revenue. With 100% data ownership, customers using the company’s tools get the power to protect their website user’s privacy – and where their data is stored and what’s happening to it, without external influence. Furthermore, as the data is not sampled, it maintains data accuracy. 


  Aubry says its recent award is a positive reminder of how well this solution is performing internationally and is a testament to the exceptional quality and performance of Matomo’s powerful web analytics tools that respect a user’s privacy.


  “In 2020, the CJEU ruled US cloud servers don’t comply with GDPR. Then in 2022, the Austrian Data Protection Authority and French Data Protection Authority (CNIL) ruled that the use of Google Analytics is illegal due to data transfers to the US. With Matomo Cloud, the customer’s data is stored in Europe, and no data is transferred to the US. On the other hand, with Matomo On-Premise, the data is stored in your country of choice.


  “Matomo has also become one of the most popular open-source alternatives to Google Analytics for website owners and marketing teams because it empowers web professionals to make business decisions. Website investment, collateral, and arrangement are enriched by having the full picture and control of the data.”

  

  About Matomo

  Matomo is a world-leading open-source web analytics platform, trusted by over 1.4 million websites in 220 countries and translated into over 50 languages. Matomo helps businesses and organisations track and optimise their online presence allowing users to easily collect, analyse, and act on their website and marketing data to gain a deeper understanding of their visitors and drive conversions and revenue. Matomo’s vision is to create, as a community, the leading open digital analytics platform that gives every user complete control of their data.

  For more information/ press enquiries Press – Matomo

• Is Google Analytics Accurate ? 6 Important Caveats

  8 novembre 2022, par Erin

  It’s no secret that accurate website analytics is crucial for growing your online business — and Google Analytics is often the go-to source for insights. 

  But is Google Analytics data accurate? Can you fully trust the provided numbers? Here’s a detailed explainer.

  How Accurate is Google Analytics? A Data-Backed Answer 

  When properly configured, Google Analytics (Universal Analytics and Google Analytics 4) is moderately accurate for global traffic collection. That said: Google Analytics doesn’t accurately report European traffic. 

  According to GDPR provisions, sites using GA products must display a cookie consent banner. This consent is required to collect third-party cookies — a tracking mechanism for identifying users across web properties.

  Google Analytics (GA) cannot process data about the user’s visit if they rejected cookies. In such cases, your analytics reports will be incomplete.

  Cookie rejection refers to visitors declining or blocking cookies from ever being collected by a specific website (or within their browser). It immediately affects the accuracy of all metrics in Google Analytics.

  Google Analytics is not accurate in locations where cookie consent to tracking is legally required. Most consumers don’t like disruptive cookie banners or harbour concerns about their privacy — and chose to reject tracking. 

  This leaves businesses with incomplete data, which, in turn, results in: 

  • Lower traffic counts as you’re not collecting 100% of the visitor data. 
  • Loss of website optimisation capabilities. You can’t make data-backed decisions due to inconsistent reporting

  For the above reasons, many companies now consider cookieless website tracking apps that don’t require consent screen displays. 

  Why is Google Analytics Not Accurate? 6 Causes and Solutions 

  A high rejection rate of cookie banners is the main reason for inaccurate Google Analytics reporting. In addition, your account settings can also hinder Google Analytics’ accuracy.

  If your analytics data looks wonky, check for these six Google Analytics accuracy problems. 

  You Need to Secure Consent to Cookies Collection 

  To be GDPR-compliant, you must display a cookie consent screen to all European users. Likewise, other jurisdictions and industries require similar measures for user data collection. 

  This is a nuisance for many businesses since cookie rejection undermines their remarketing capabilities. Hence, some try to maximise cookie acceptance rates with dark patterns. For example: hide the option to decline tracking or make the texts too small. 

  

  Sadly, not everyone’s treating users with respect. A joint study by German and American researchers found that only 11% of US websites (from a sample of 5,000+) use GDPR-compliant cookie banners.

  As a result, many users aren’t aware of the background data collection to which they have (or have not) given consent. Another analysis of 200,000 cookies discovered that 70% of third-party marketing cookies transfer user data outside of the EU — a practice in breach of GDPR.

  Naturally, data regulators and activities are after this issue. In April 2022, Google was pressured to introduce a ‘reject all’ cookies button to all of its products (a €150 million compliance fine likely helped with that).  Whereas, noyb has lodged over 220 complaints against individual websites with deceptive cookie consent banners.

  The takeaway? Messing up with the cookie consent mechanism can get you in legal trouble. Don’t use sneaky banners as there are better ways to collect website traffic statistics. 

  Solution: Try Matomo GDPR-Friendly Analytics 

  Fill in the gaps in your traffic analytics with Matomo – a fully GDPR-compliant product that doesn’t rely on third-party cookies for tracking web visitors. Because of how it is designed, the French data protection authority (CNIL) confirmed that Matomo can be used to collect data without tracking consent.

  With Matomo, you can track website users without asking for cookie consent. And when you do, we supply you with a compact, compliant, non-disruptive cookie banner design. 

  Your Google Tag Isn’t Embedded Correctly 

  Google Tag (gtag.js) is a web tracking script that sends data to your Google Analytics, Google Ads and Google Marketing Platform.

  A corrupted gtag.js installation can create two accuracy issues: 

  • Duplicate page tracking 
  • Missing script installation 

  Is there a way to tell if you’re affected?

  Yes. You may have duplicate scripts installed if you have a very low bounce rate on most website pages (below 15% – 20%). The above can happen if you’re using a WordPress GA plugin and additionally embed gtag.js straight in your website code. 

  A tell-tale sign of a missing script on some pages is low/no traffic stats. Google alerts you about this with a banner: 

  

  Solution: Use Available Troubleshooting Tools 

  Use Google Analytics Debugger extension to analyse pages with low bounce rates. Use the search bar to locate duplicate code-tracking elements. 

  Alternatively, you can use Google Tag Assistant for diagnosing snippet install and troubleshooting issues on individual pages.  

  If the above didn’t work, re-install your analytics script. 

  Machine Learning and Blended Data Are Applied

  Google Analytics 4 (GA4) relies a lot on machine learning and algorithmic predictions.

  By applying Google’s advanced machine learning models, the new Analytics can automatically alert you to significant trends in your data. [...] For example, it calculates churn probability so you can more efficiently invest in retaining customers.

  Vidhya Srinivasan, VP of Measurement, Analytics and Buying Platforms at Google

  On the surface, the above sounds exciting. In practice, Google’s application of predictive algorithms means you’re not seeing actual data. 

  To offer a variation of cookieless tracking, Google algorithms close the gaps in reporting by creating models (i.e., data-backed predictions) instead of reporting on actual user behaviours. Therefore, your GA4 numbers may not be accurate.

  For bigger web properties (think websites with 1+ million users), Google also relies on data sampling — a practice of extrapolating data analytics, based on a data subset, rather than the entire dataset. Once again, this can lead to inconsistencies in reporting with some numbers (e.g., average conversion rates) being inflated or downplayed. 

  Solution: Try an Alternative Website Analytics App 

  Unlike GA4, Matomo reports consist of 100% unsampled data. All the aggregated reporting you see is based on real user data (not guesstimation). 

  Moreover, you can migrate from Universal Analytics (UA) to Matomo without losing access to your historical records. GA4 doesn’t yet have any backward compatibility.

  Spam and Bot Traffic Isn’t Filtered Out 

  Surprise! 42% of all Internet traffic is generated by bots, of which 27.7% are bad ones.

  Good bots (aka crawlers) do essential web “housekeeping” tasks like indexing web pages. Bad bots distribute malware, spam contact forms, hack user accounts and do other nasty stuff.  

  A lot of such spam bots are designed specifically for web analytics apps. The goal? Flood your dashboard with bogus data in hopes of getting some return action from your side. 

  Types of Google Analytics Spam:

  • Referral spam. Spambots hijack the referrer, displayed in your GA referral traffic report to indicate a page visit from some random website (which didn’t actually occur). 
  • Event spam. Bots generate fake events with free language entries enticing you to visit their website. 
  • Ghost traffic spam. Malicious parties can also inject fake pageviews, containing URLs that they want you to click. 

  Obviously, such spammy entities distort the real website analytics numbers. 

  Solution: Set Up Bot/Spam Filters 

  Google Analytics 4 has automatic filtering of bot traffic enabled for all tracked Web and App properties. 

  But if you’re using Universal Analytics, you’ll have to manually configure spam filtering. First, create a new view and then set up a custom filter. Program it to exclude:

  • Filter Field: Request URI
  • Filter Pattern: Bot traffic URL

  Once you’ve configured everything, validate the results using Verify this filter feature. Then repeat the process for other fishy URLs, hostnames and IP addresses. 

  You Don’t Filter Internal Traffic 

  Your team(s) spend a lot of time on your website — and their sporadic behaviours can impair your traffic counts and other website metrics.

  To keep your data “employee-free”, exclude traffic from: 

  • Your corporate IPs addresses 
  • Known personal IPs of employees (for remote workers) 

  If you also have a separate stage version of your website, you should also filter out all traffic coming from it. Your developers, contractors and marketing people spend a lot of time fiddling with your website. This can cause a big discrepancy in average time on page and engagement rates. 

  Solution: Set Internal Traffic Filters 

  Google provides instructions for excluding internal traffic from your reports using IPv4/IPv6 address filters. 

  

  Session Timeouts After 30 Minutes 

  After 30 minutes of inactivity, Google Analytics tracking sessions start over. Inactivity means no recorded interaction hits during this time. 

  Session timeouts can be a problem for some websites as users often pin a tab to check it back later. Because of this, you can count the same user twice or more — and this leads to skewed reporting. 

  Solution: Programme Custom Timeout Sessions

  You can codify custom cookie timeout sessions with the following code snippets:  

  • _setSessionCookieTimeout. Set a custom new session cookie timeout in milliseconds.
  • _setVisitorCookieTimeout. Sets a custom Google Analytics visitor cookie expiration time frame in milliseconds.

  Final Thoughts 

  Thanks to its scale and longevity, Google Analytics has some strong sides, but its data accuracy isn’t 100% perfect.

  The inability to capture analytics data from users who don’t consent to cookie tracking and data sampling applied to bigger web properties may be a deal-breaker for your business. 

  If that’s the case, try Matomo — a GDPR-compliant, accurate web analytics solution. Start your 21-day free trial now. No credit card required.

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