The Brief
Through our deep experience growing ecommerce brands with ads on Meta, we know that Meta’s default attribution settings (7-day click and 1-day view) do not accurately reflect the business impact of different audience and optimisation strategies. An example most paid social marketers are familiar with, is that when we target colder audiences by excluding recent website visitors and existing customers, the reported metrics appear worse despite these campaigns actually driving more value for the brand.
As Meta partners for both paid media and measurement, we were able to test the beta release of their new “Incremental Attribution” setting, to see if it can improve new customer acquisition for Pom Pom London. The beta release gives advertisers a new attribution lens to assess results by, but, more importantly, it optimises campaigns for events as measured with this new method.
“Incremental Attribution” leverages data from previous conversion lift studies on the platform to make a judgement on whether conversions were likely incremental or not (i.e. would they have happened anyway, even if we hadn’t served an ad?). This is crucial because as an advertiser, you want your activity to be held to account, driving real business value, and not just claiming results that were not directly caused by your efforts.
With increasing privacy measures in place, retargeting audiences are less reliable, so “Incremental Attribution” offers a solution where we can target broad audiences, whilst still having ad delivery optimised using high quality signals from the e-commerce store (purchases which were likely actually caused by our advertising efforts). In short, it enables our ad-spend to work harder for us to achieve the business objectives we truly care about.