Google has simply introduced two new data-driven attribution options meant to introduce extra transparency and make it simpler for advertisers to modify.
Why we care. Google has already made it clear that they like advertisers use data-driven attribution as their most popular mannequin. Advertisers who’re unclear concerning the results of this mannequin ought to use the brand new simulation software to estimate the consequences of switching.
What’s new. Quickly, Google will probably be launching a simulation software for eligible advertisers that may assist you to see how automated bidding would have reacted to data-driven attribution over the past seven days. The software is meant that can assist you perceive the consequences of data-driven attribution in your account earlier than making the change.
Google can be working to carry data-driven attribution to extra advertisers and extra advert sorts. Traditionally, data-driven attribution has supported Search, Buying, 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 change to data-driven attribution from one other attribution mannequin sometimes see a 6% common improve in conversions.”
Dig deeper. You’ll be able to learn the announcement from Google right here.
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