This Is Attribution
Google’s announcement about the removal of third-party cookies sent shockwaves thru both the advertising world and Wall Street. Is this an Attribution Apocalypse or a necessary cleanse to the advertising ecosystem?
info_outline The Coming Standards and Best Practices in Attribution with CIMM’s Jane ClarkeThis Is Attribution
Today we welcome Jane Clarke whose knowledge, experience and initiatives continue to push the attribution and measurement market forward. Tune in for an in-depth discussion on the future of standards in attribution and measurement as well as some good tips on choosing a vendor!
info_outline Accurate Attribution with Rauxa’s VP of Data Science Izzet AgorenThis Is Attribution
Izzet Agoren knows: Accurate attribution models cannot be built by data scientists alone…you need a team who understands how media operates in the real world. An electrical engineer who launched his own ISP in 2002 in Cypress, Izzet search for the signal in the noise led him to AdTech. As the VP of Data Science for Rauxa, hear how he’s overcome the barriers to better measurement.
info_outline Attribution Apocalypse with Alice SylvesterThis Is Attribution
When Alice Sylvester exited the agency side of advertising, she witnessed both the emergence of market research and the explosion of digital advertising. Now as marketers embrace multi-touch attribution for media, will we see a day where brand and media metrics meet in the middle? Hear her thoughts on privacy changes leading to an attribution apocalypse – and what’s next.
info_outline Attribution’s Missing Math with Jim SpaethThis Is Attribution
When Jim Spaeth co-founded Sequent Partners, he had no idea how much the business of measurement would change. After serving as President of the ARF and decade developing new research tools he could not dream of doing anything else. Hear how (and why) he’s embracing industry change.
info_outline Throwback Tuesday! Attribution, Lacrosse, and the Future with Pathfinder Interactive Founder Ted MoonThis Is Attribution
When Ted Moon founded Pathfinder Interactive, he brought with him brand building at a scale only a few have experienced. Starting with a $100,000 ad budget, Ted built Sprint/Nextel into one of the largest marketing programs in the world. Hear about private concerts with Dave Matthews to fireside chats with Bill Gates and why attribution is a necessity in today’s media environment.
info_outline The Creative Roots of Multi-Touch Attribution With Publicis' Rudy GrahnThis Is Attribution
Rudy Grahn knows: Attribution is the connective tissue that is missing in almost every organization. A passionate idealist who has the future of attribution square in his sights, tune in to hear Rudy’s insights on how and why attribution came about, what the biggest adoption barriers are and what the future may hold.
info_outline Throwback Tuesday! Attribution’s $400 Million Marketer, Anthony PittsThis Is Attribution
Welcome to Throwback Tuesday where we share important interviews we believe warrant another listen! Today’s interview is with Anthony Pitts from DraftKings. This discussion managed to touch on most of the critical aspects of attribution as it pertains to qualitative or “squishy” data analysis— like the human decision-making process.
info_outline Attribution & Viewability with GrocerKey’s Head of Digital Marketing David KaplanThis Is Attribution
David Kaplan is an expert in digital customer acquisition and analytics who faced a major barrier -- what can be done about viewability and attribution. He comes on the show to share how he came into attribution, what this has enabled him to do, and how he overcame the challenges of early adoption.
info_outline Walled Gardens & Attribution Truths with Crossmedia’s Lee BealeThis Is Attribution
What can marketers learn from Crossmedia's data analytics guru Lee Beale? How to make the right bets with your marketing budget and build your business. From his early days with CPG brands to building Redbox into a world-class offering, Lee learned the only signal that matters in the marketing noise is the truth. Guest bio: Lee Beale started his career managing CPG brands client side at Reckitt Benckiser and GSK in the UK. In 2009, Lee moved to New York to work for Omnicom Media Group’s Analect data science division. Since joining Crossmedia in 2011, Lee has been the brains...
info_outlineDigital marketing trainer Leslie Laredo knows: The biggest challenge to multi-touch attribution is the refusal to challenge assumptions. Knowing how to challenge ROI numbers only comes from training. And after training over a hundred thousand marketing professionals over the last two decades, Leslie knows you have to consistently train to stay ahead and win in today's marketing world. Hear her thoughts on companies increasing revenue by making training a priority.
Guest bio:
An Internet advertising pioneer with more than 25 years of digital media industry, Leslie Laredo has been instrumental in changing the business face of media and dramatically improving the knowledge and skills of media professionals on how to buy and sell digital media.
Leslie has consulted with startups, Fortune 500 companies, small-to-large advertising agencies, and multi-brand media publishers. Her consulting services have been used and valued by C-level executives, Vice-Presidents, sales and account managers, and media buyers and planners. She has worked with CPG and B2B brand and marketing managers spanning many industries including automotive, travel, financial, pharmaceutical and many others to educate their teams on how to plan, buy, and sell digital media.
Her insights and training have allowed sales organizations to more effectively meet the needs of their advertisers while maximizing revenues. She has also worked with agencies of all sizes to be more effective in delivering online media strategies as well as transitioning their business to provide the thought leadership and digital media and marketing skills increasingly required to keep and acquire clients.
Key takeaways:
[2:09] I introduce today’s guest, Leslie Laredo, and asks her about how she came to be where she is today.
[6:04] Leslie touches on the differences between executives and teams who believe in training and those who don’t: having a learning culture and being committed creates teams that excel and challenge assumptions about the business and the marketplace.
She shares an anecdote about proud members of the dead tree society from an NAA conference she once spoke at.
[9:50] Once you understand your business, you can begin to be creative in how you approach things. Leslie shares the three important aspects of training she touches on first:
1. WHY? Why is this happening, why is it important.
2. HOW? How does it happen, how do they create, sell and monetize their content and audience
3. WHAT? What tools do they have to do it with
[13:56] People get it now! There was a holy grail moment in 2016-17 where people started talking about attribution and its eventual ability to resolve part of the “which half of your advertising budget is wasted” question.
Leslie shares a story from the Advertising Club of New York session where she heard a Toyota rep talk about how their CTR metrics had become institutionalized.
[19:52] Institutionalized metrics create a grey area: whose job is it to flag them and enable better measurements to be put in place? Leslie touches on what she thinks is the solution.
She also discusses what attribution helps us get to: the why as well as the story; we’ve been very bad at telling a story of decision making out of data, and attribution helps us in this regard because it’s not just data points.
[25:48] For the future of attribution, Leslie hopes that it becomes a ubiquitous part of marketing decisions: a holy grail has to be used! The future is about changing the outcomes and getting better at what we do.
[28:21] Leslie and I share GPS analogies! Would you get on a plane whose GPS and compass are out?
[32:42] There is a fear of telling people they’ve been doing things wrong, and I believe it’s from a lack of certainty which also amounts to lack of training. Leslie shares some tips: learn to fail fast, and don’t wait until things go wrong to try to improve your processes. Changes are coming, the most important question has to be, “What’s next?”
[42:39] What should a training cadence look like in the digital world? Leslie points out that it isn’t so much about a schedule or budget as it is an upgrade in company or department culture.
She shares the example of Outbrain who has a one-hour training session a week where the conference rooms are dedicated, and the employees are encouraged to share their newfound knowledge.
She also touches on common mistakes she sees in budget allocations and where people should invest more.
[47:47] Adtech is in the technology field and is something of a scientific beast, but companies haven’t really been treating it as such and a lot of employees are in over their heads at an educational level. This needs to be addressed!
[52:29] How can you get in touch with Leslie? — I thank her for coming on the podcast and sharing so much of her experience.
Be sure to tune in for the next episode and thanks for listening!
Connect with our guest:
Leslie’s email [email protected]
Leslie Laredo at Laredo Group
Leslie Laredo on Twitter
Leslie Laredo on Pinterest
Leslie Laredo on LinkedIn
Mentioned in this episode:
Book: The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail, by Clayton M. Christensen
The Advertising Club of New York
Book: The Challenger Sale: Taking Control of the Customer Conversation, by Matthew Dixon
About your host:
Jeff Greenfield is the Co-Founder and Chief Attribution Officer of C3 Metrics. As the chief architect of the platform, Greenfield worked directly with the former CEO and Chairmen of Nielsen to solve advertising’s Attribution problem.
Greenfield’s history of technology and marketing initiatives have served blue-chip clients including GlaxoSmithKline, Kimberly-Clark, Sony BMG, Black & Decker, Forest Labs, Plum Creek, and more.
Prior to co-founding C3 Metrics, Greenfield was a recognized thought leader in the area of Branded Content as publisher of Branded Entertainment Monthly, a joint effort with VNU Media, detailing industry statistics, gaps, and trends. He’s been a featured speaker at NAPTE, The Next Big Idea, and a news source in The New York Times, The Washington Post, The Wall Street Journal, ABC, CBS, CNET, and Investor’s Business Daily. Greenfield studied Biochemistry at the University of Maryland, holds dual degrees from Southern California University of Health Sciences and is an instrument-rated pilot.
Jeff Greenfield at C3 metrics
Jeff Greenfield on LinkedIn
Jeff Greenfield on Twitter