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Awareness
Making consumers aware that the offering exists.
Interest
Stimulating interest in the offering
Desire
Creating or strengthening customer’s preference by enhancing the offering’s attractiveness
Action
Triggering purchasing or other actions.
Examples of inbound media
Online search, personal interaction, interactive forums.
Examples of outbound media
Advertising, public relations, social media, personal selling.
Advertising elasticity
Percentage increase in sales or market share for a 1% increase in advertising.
Gross rating points
Measure of advertising volume
Change in GRP = denominator in the elasticity calculation
Getting a high ranking through google ads
Bid amount
Ad quality
Context
Customer journey
First-click attribution
Assigns 100% of the credit for a sale to the first channel that a user clicked through.
Ex. All money to instagram
Last-click attribution
Assigns 100% of the credit for a sale to the last channel that a user clicked through.
Ex. All money to google ads
Ad quality
Expected click-through rate
Landing page experience
Relevance
Context
Search terms, location and time of search, device.
Mere-measurement effect
When asked to provide purchase intentions, consumers are more likely to choose brands for which they hold positive and accessible attitudes compared to a control group of consumers who are not asked an intentions question.
Social influence
Ability of one consumer to directly influence another consumer's decision based upon their communication.
Reach
Unique users
Frequency
Times visited/seen
Impressions
Reach x Frequency
(can be for a page or ad)
Click-through rate
Page visit/Impression
Conversion rate
Purchase/Page visit
Visit duration
Time spent on site
Exit rate
Percentage of times a given page was the last page viewed
Google ads
Company pays to appear in advertised position in search results
Advertiser sets bid/budget, keywords, ad text
Whether the ad appears or not depends on the ad rank by Google
Clicks on the ad affected by ad text
Digital analytics
Company can look at reach and impressions of ads to assess awareness-related effects
Costs and returns shaped by click-through rates and conversions
To better design search campaigns: look at click-through rates, bounce rates, conversion rates.
Bounce rate
Percentage of times a given page was the only page viewed