Understanding Attribution in Marketing Reports: How Google Analytics Can Mislead Your Choices
Elly Analytics??
We drive growth & ROI by providing trusted marketing analytics as a service
A major issue with relying solely on Google Analytics is its Last Click attribution model, which attributes a conversion to the last visit regardless of its source or the interactions that preceded it.
This can lead to misguided decisions regarding the effectiveness of advertising. With fewer conversions assigned to paid channels and non-brand campaigns, you might think ads perform worse than they actually do. Based on this, you might allocate budgets suboptimally, missing out on potential returns. This can result in a lower ROI from advertising and a loss of revenue that could have been earned by funding campaigns and ads that actually perform well.
This is where considering an alternative like Elly Analytics?? can be advantageous. Elly Analytics provides fully customizable attribution models that offer a deeper, more nuanced analysis of the customer journey. By using these custom models, Elly Analytics has been shown to reduce the percentage of conversions incorrectly attributed to channels like Direct, Organic, and Mailings from 30% down to 10%.
Below, you will find screenshots from Google Analytics and Elly Analytics, illustrating the impact of adopting a more accurate attribution model.
To better understand this issue and the importance of tailored attribution rules, let’s examine typical customer journey scenarios and explore how Elly Analytics handles attribution differently.
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Let’s Summarize
Google Analytics and similar tools usually credit the last source visited before a conversion, often overvaluing Organic Search and Email channels, and also Branded Search campaigns. This can lead to poor budget decisions, as fewer conversions get credited to paid channels and non-brand campaigns. You might end up thinking ads are doing worse than they really are, leading to less optimal budget allocation and lower revenue.
Elly Analytics?? improves attribution in two ways: