Attribution Funnel Flashcards

1
Q

What is the Attribution Funnel?

A

The Attribution Funnel is a tool for tracking and analyzing the influence of various touchpoints across the customer journey.

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2
Q

How does the Attribution Funnel divide the customer journey?

A

It divides the journey into key checkpoints, such as awareness, consideration, conversion, and retention, representing milestones of engagement or actions.

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3
Q

What is checkpoint-based analysis in the Attribution Funnel?

A

It involves analyzing touchpoints at key milestones to understand how they influence customer progression at different stages.

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4
Q

How does the Attribution Funnel measure touchpoint impact dynamically?

A

It plots the impact of each touchpoint across checkpoints, showing how customer interactions evolve over time.

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5
Q

What does the Attribution Funnel reveal about touchpoints?

A

It highlights which touchpoints have the most influence at specific stages of the customer journey.

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6
Q

How does the Attribution Funnel incorporate temporal context?

A

By incorporating a timeline, the funnel shows trends or seasonal variations in touchpoint effectiveness.

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7
Q

What are the benefits of using the Attribution Funnel?

A

It helps marketers optimize resources, improve budget allocation, and refine strategies by focusing on high-impact touchpoints.

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8
Q

What are some applications of the Attribution Funnel?

A

Applications include marketing attribution, customer journey optimization, and strategic decision-making.

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9
Q

Can you describe an example of an Attribution Funnel visualization?

A

An example is a funnel where touchpoints like paid ads, email, and organic search are layered at each checkpoint, with the width reflecting impact and a timeline showing interaction timing.

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10
Q

What does the Date Range define in the Attribution Funnel?

A

The Date Range defines the timeframe for the data you’d like to include in your report.

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11
Q

What does the Breakdown refer to in the Attribution Funnel?

A

The Breakdown refers to the touchpoints you’d like to analyze for their impact.

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12
Q

What is the Time Range in the Attribution Funnel?

A

The Time Range (in months) sets the checkpoints for analyzing touchpoint influence along the journey.

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13
Q

What is the Data Definition in the Attribution Funnel?

A

The Data Definition specifies the conversion or customer action being analyzed.

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14
Q

What Attribution Model is recommended for Attribution Funnels?

A

Linear Attribution Model is recommended for Attribution Funnels to assign credit to each touchpoint.

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15
Q

What is the first step to create an attribution funnel report?

A

The first step is to define the conversion window, such as this month, this quarter, or this year.

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16
Q

How do you define checkpoints using ‘Time Range’?

A

You define checkpoints by using the ‘Time Range’ to tailor analysis and show nuances in the customer journey over specific timeframes.

17
Q

How do you select your data for an attribution funnel report?

A

You select your data by choosing the goal (conversion) you want to analyze touchpoint performance against.

18
Q

How do you select the breakdown for the attribution funnel?

A

The breakdown is selected based on the question you want to answer, such as the impact of a specific touchpoint on conversion rate at each checkpoint.