Proving the value of display impressions for FatFace
Featured in Econsultancy—Best practice case study
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Cubed modelling boosted traditionally reported revenue from £16k to £10.7m for display impression campaigns.
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This represented an increased in display attributed revenue share from <1% to 9%.
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Reallocated £10.7m revenue from channels such as direct (£3.4m) and email (£2.7m) to display.
The Challenge
FatFace was struggling to track channel performance for display advertising as they were unable to collect data on impressions and the resulting customer activity.
The apparel brand needed to report on performance to key stakeholders but was unable to prove the value of all channels.
With no method of reporting on key performance metrics, the team at FatFace were concerned the value of this activity would go unattributed — resulting in reduced budgets.
FatFace firmly believed there was more revenue to be attributed to these channels, that this was a visibility issue rather than a poorly performing channel and that reducing budget would be a mistake. A method was needed to accurately report on the true value of their marketing strategy.
The Solution
Without Cubed, the display channel appeared as though it was drastically underperforming.
To solve this issue and attribute the true value, we implemented Cubed tracking. A view of data and analysis that was specific to the display channel – and the impact it had post first-impression – was created.
There are a number of channels that customers use to visit the FatFace website after having viewed a display impression. These channels include direct (33%), SEO (19%), email (25%), PPC (9%) and affiliates (6%). Using a last-click model, these channels would have been credited 100% of the revenue.
We re-attributed the deserved revenue to display; most of the revenue was re-distributed from direct (£3.4m), SEO (£2m), email (£2.7m), PPC (£1m) and affiliates (£700k).
Detailed analysis was compiled over a three-month time period to demonstrate a comprehensive view of the true impact the channel had on revenue.
The Outcome
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Cubed provided the data needed to understand the true value of display.
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Statistical channel modelling boosted traditionally reported revenue from £16k to £10.7m for display impression campaigns.
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Increased display attributed revenue share from <1% to 9%.
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Reallocated £10.7m revenue from channels such as direct (£3.4m) and email (£2.7m) to display.
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Allowed Fatface to allocate budgets accurately based on genuine channel performance.
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Fatface are now able to easily report on key performance metrics to stakeholders.