Google has simply introduced two new data-driven attribution options supposed to introduce extra transparency and make it simpler for advertisers to change.
Why we care. Google has already made it clear that they like advertisers use data-driven attribution as their most well-liked mannequin. Advertisers who’re unclear concerning the results of this mannequin ought to use the brand new simulation instrument to estimate the consequences of switching.
What’s new. Quickly, Google can be launching a simulation instrument for eligible advertisers that can help you see how automated bidding would have reacted to data-driven attribution during the last seven days. The instrument is meant that can assist you perceive the consequences of data-driven attribution in your account earlier than making the swap.
Google can be working to convey data-driven attribution to extra advertisers and extra advert varieties. Traditionally, data-driven attribution has supported Search, Procuring, Show and YouTube advertisements. Google is increasing its help to app conversions and can start supporting Discovery codecs (together with these in Efficiency Max) subsequent 12 months.
What Google says. “Advertisers who swap to data-driven attribution from one other attribution mannequin usually see a 6% common enhance in conversions.”
Dig deeper. You possibly can learn the announcement from Google right here.
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