Thursday, 22 July 2021

I despise cold pitching. Here’s how I made $19,000+ in 46 days from referrals alone… without sending a single cold email.

“Don’t talk to strangers.” 

That’s the earliest advice I remember being given. 

It’s also the one I followed most strictly. But not because of my parents.

Nope. What truly cemented it as an immutable law in my tiny four year old brain was a puppet show put on by the police for my pre-kindergarten class.

It started innocently; a group of woolen anthropomorphized puppies and kittens with buttons for eyes were happily playing at the park…

… then a puppy talks to a stranger. And gets abducted.

Dark twist for a bunch of four year olds who just want to play tag, no?

Source

35 years later, I still think of that puppet show when I have to talk to someone I don’t know.

Is it why I refuse to cold pitch potential clients (AKA strangers)? 

Maybe just a smidge.

But mostly it’s because:

  1. Cold pitching is ridiculously time consuming 
  2. There’s a superior way to get copywriting clients that’s easier and more fun

The four big flaws that make it so damn hard to warm up to cold pitching

Yeah, yeah. I know. Cold emails can work. Especially if you pitch yourself the right way. Or understand what’s going wrong.

It’s just not the most efficient way to get clients.

I know because I tried the cold pitching thing before. 

In 2014, I planned to quit my job as a radio ad writer and go full freelance. To make it happen, I sent approximately five dozen emails to various businesses I thought would be fun clients. 

Seven years later, I’m still waiting for a response. 

Source

(That’s not entirely true. One guy replied to try to sell me a new vacuum.)

In May 2021, I decided to take another shot at becoming a full time freelancer. But this time I refused to send out a flurry of cold emails. (However, if that’s your thing, email copywriter Nikki Elbaz says you should start with a mindset shift.)

Instead, I went with a much different method to get clients: referrals.

The result?

In 46 days (as of this writing) I’ve earned more than $19,000 for my services.

All without sending a single frosty email to a stranger.

And it’s not slowing down either. 

My referral network is becoming an ever-growing celtic knot of copy requests and I’ve got two “Referral Trees” going that keep stacking freelance opportunities. More on that later.

First, let’s see why cold pitching is an inherently flawed method to get clients. 

Flaw #1: Cold pitching is a numbers game. 

Source

Much like a night playing the slots in Vegas, the numbers are stacked against you when it comes to cold pitching because less than 24% of cold pitch emails get opened

That means for every four emails you send, one might get seen by a human.

Seen. 

Not responded to with a cheery “You’re hired!” 

Just seen

Worse still: the average response rate for cold email is a dismal 1%.

Doing a little quick napkin math, for the best odds of getting one response from your cold emails, you’d have to send out around… 400 emails!

No wonder my 36 email experiment didn’t get any traction. I guess I should have written 364 more.


Finally, Apple’s iOS 14.5 update adds a whole new fog of mystery to cold outreach campaigns. Users can now block tracking in emails, making it harder to gauge how effective they are.

Flaw #2: Cold pitching properly takes up too much time.

Your time is incredibly valuable. 

Like Bitcoin, oil, or pop culture treasure Tom Hanks, your time is a finite resource. Once it’s gone, it’s gone.

Do you really want to spend your limited time researching potential clients and writing 400 personalized emails to maybe get one response?

Even if you stick to the so-called “perfect” email length of 50-125 words, it’ll still take you days.

Source

I mean, you could keep emailing to see if you get any bites. But keep in mind that it usually takes at least five follow-ups after cold outreach before a prospect says yes.

Do you have time for that kind of tenacity? Because I don’t. 

Even if I did, the thought of four noes (no’s? Nos? I don’t…know) in a row is depressing.

Flaw #3: Constant rejection suuuuuucks.

When sending out my cold emails, I was dreaming big. Every time I hit “Send”, I pictured what I’d do with the money from my new contracts.

SEND… “I think I’ll buy an acreage.”

SEND… “Are heated sea salt pools a thing people do?”

SEND… “I wonder what the south of France is like this time of year?”

I thought this would be me:

Source

Spoiler alert: my failed cold pitch attempt did not allow me to move to an acreage with a sea salt pool in the South of France.

But it did put me in a funk.

For months, I second guessed my abilities and felt dumb and angry for putting myself out there. I even started to pull away from the idea of being a copywriter altogether.

Dramatic? Nope. Turns out rejection really kicks our butts, emotionally speaking:

Rejection can actually hit us so hard, we register it as physical pain.

Worst of all, when rejection hits hard, it doesn’t respond to reason. 

Technically my experience wasn’t writer rejection, which is a special concept of its own (yay, we’re special!). I was simply being ignored… which feels worse. I’d rather hear “No” than nothing at all.

Flaw #4: It’s not fun because it’s monotonous and inefficient.

Writing with purpose and personality is rewarding.

Writing hundreds of emails with purpose and personality that 99% of businesses will ignore is the opposite of rewarding. 

It is boring.

It is time-consuming.

It is annoying, both for you and the recipient.

Cold pitching through email is the textual equivalent of telemarketing. (And we all love telemarketers, right?)

Source

To give yourself even a remote chance of cracking through and getting a yes, you have to inject a metric buttload of strategic personality and personalization into your email.


Then you have to do it 400 more times.

Yay.

You could speed up the process with cold email templates, except:

  1. By not personalizing your emails, you’re pretty much ensuring you’re going to get that 1% (or lower) response rate.
  2. The hair I brush off my cats has more personality than most templates. You’d have a better chance of getting a response if you skipped the copy and emailed a photo of the last sandwich you ate.

The gist of all those flaws is this:

Cold pitching wastes too much time for too little payoff, plus you feel crappy and won’t have any fun.

“So what do you recommend instead of cold pitching?”

Referrals! 

Referrals are the superior client picker-upper for many reasons:

  • It’s easier to get a yes as the potential client actually needs your services.
  • You spend far less time getting them.
  • They have a better built in client vetting process than cold pitching. i.e. If someone refers you to a prospect, they feel there’s a match there. With a cold client, you don’t know about the fit until you end up working with them.
  • You avoid “sticker shock” because the prospect you get referred to usually has an idea of what you charge (through the person who connected you).
  • Even if you don’t get the gig, at least you get a reason why (unlike the 99% no-response wasteland of cold emailing). Plus, they might think of you next time someone they know needs copy.
  • You don’t have to “sell” your services as hard because referrals are like a badge of trust. Someone is vouching for you because they know you do good work. No wonder referrals account for 19% of all purchases, and influence as much as 90%. 

Plus, referrals just make you feel good. 

Getting one feels like being nestled in a weighted blanket on your couch, drinking tea and reading a novel on a rainy day.

Cold pitching?

Source

Grow your client list (and income) by planting “Referral Trees”

Referral Trees happen when you have one client that acts as an initial “seed.” You do some work for them and/or connect with them, then they refer you to other clients, who refer you to other clients, and so on.

Right now, I have two on the go:

Clients who are “locked and loaded” clients (aka, they paid and the work is done) are in dark blue boxes. If you only look at those, these are small trees. Saplings really. 

But keep in mind it’s only been 46 days.

The light blue boxes are clients who 1) need my services at a later date or 2) want my services soon but are still figuring out exactly what they need.

There are a couple of potential retainer clients in those future branches. Between those and my per-project work, I’m looking at consistent $10k+ months.

Not quite South France acreage money but not too shabby either.

Source

Keen-eyed readers have probably spotted a $0 hidden amongst the branches there. 

Full transparency on why I (technically) worked for “free”: that $0 client was a copy audit for my wife. 

She runs an online sales coaching business and her clients get “free” monthly copy audits from me as part of their mastermind program. One of those audits resulted in a paid gig… which led to a second follow-up project.

I firmly believe you should never work for free. You’re a specialist and people should pay for your expertise.

How much do I believe in this? Well, now you know “Seed client #1” up there is my wife… 

… who I charged $3000 for copywriting.

Source

Referral Tree #2 technically starts with a $0… but that’s also not accurate. 

That “seed client” is a company I left in January. I haven’t made money from them in six months but kept in touch with some of the people there. 

As soon as I started freelancing, five of those connections came out of the woodwork requesting copy help.

Referrals can come from anywhere. Here are 5 ways you can find your own.

If there’s one flaw with referrals, it’s that they might be hard to get if you’re a beginner. It’s not impossible though (points 3 and 4 below are where you should start).

But if you’ve done any work for anyone – even just one gig – you have a potential “in” for a referral.

Any of the following methods can help you plant some Referral Trees of your own.

1) Ask your previous clients for referrals (and make it easy for them to share your info).

This is the easiest method. Who better to hook you up with a referral than someone you’ve already impressed?

Source

But don’t just DM them with a, “hey, no NE1 who nds gd words?” (Actually, don’t ever DM anyone like that).

Instead, be savvy about it and make it ultra easy for them to share your info:

  1. Write up a “pitch” about yourself and your services. (Get more on this from Copyhackers’ free 5-day, $5K Challenge)
  2. Make it easy to email out/share on social media (Canva is great for this).
  3. Add incentives for new clients to reach out (discounts, bonuses, etc.)
  4. Share it with your previous clients and have them forward it out. 

Why make a pitch document vs. just including a link to your site? 

Because people are 1) busy and 2) lazy. If they have to click to look at something they’re only half interested in, they won’t do it.

But by having it all right there in a “digital flyer”, it’s easier for the prospect and makes a better impression.

Marian Schembari had a coaching client successfully use this method (good foreshadowing for point #5, BTW); one mass email featuring the coach’s “pitch” led her to getting five new clients.

Plus, it still takes up way less time than writing 400 emails. 😉

2) Keep in touch with former clients.

Big companies spend millions to improve client retention. Why? Because even a 5% increase can boost profits up to 85%.

Don’t worry. You don’t have to spend millions. 

But you should keep in touch with former clients because it can lead to referrals.

Maybe they don’t know anyone who needs you right now. But they might in the future.

By staying in touch, you remain at the top of their mind if an opportunity comes up.

Source

This can be as simple as:

  • Checking in to see how things are going.
  • Sharing an article or post you think might be interesting for their business.
  • Or just flat out becoming friends with them.

Bonus: If you’re cultivating an email list, get them to subscribe (but only if your content applies to what they do).

3) Look outside your client circle/buddy up with online service providers.

You know who knows where to find clients? Other service-providers who are getting steady work.

Since it stands to reason that they might know someone who needs some copywriting done…

And you might know someone who needs web design/photography/accounting/etc….

Don’t you think it might be a good idea to share that info with each other?

It’s like Pokemon cards. Except instead of Charizards, you trade opportunities.

Source

And much like Pokemon, when it comes to service producers, I recommend you collect them all (well, their contact info, at least).

You’re going to need the extra help in the future anyway. I guarantee it.

This article puts it well:

“When starting out, juggling all the different aspects of being a freelancer at once can be quite cumbersome, but it is possible. As your business grows, however, you will increasingly find yourself in the need of extra help.”

If you want to level up, you’ll have to meet/hire/do work for and with all sorts of people: page builders, designers, developers, social media managers, photographers, media buyers, etc.

There are two routes to go with the motley crew of professional contacts you’ll collect:

A) Trade opportunities you come across. 

I worked with a fantastic graphic designer at a start-up company. We became friends and still talk every week. 

We also send each other job opportunities we hear about in our respective circles. In fact, I just referred him to a company that hired him for $90k a year. He got me… nothing. 

Yet.

B) Trade opportunities between each other.

There are plenty of benefits of outsourcing tasks you aren’t good at to specialists. Chiefly, it saves you time and makes your business better.

For example: I want to get a website done for my business. But I’m terrible at it.

It’s tedious. 

It’s frustrating. 

And it’s never an easy “drag and drop” process because the second you try to move one image, your entire page rearranges itself like a goddamn Transformer. 

All I wanted to do was make my headline bigger. (Source)

Instead of wasting my time with that torture, I’m hiring a designer to help me… specifically, the designer that hired me last month to write a sales page for her.

And not only am I hiring her. I’m also recommending her to any clients that need websites. And she’s referring her clients to me for copywriting.

Tradesies are good, so grow your network! It’ll help you uncover new opportunities, gain inspiration, and meet potential partners to team up with.

4) Make friends with other writers.

If you’re only seeking out referrals from clients, you’re missing out on a golden opportunity.

Source

You should be trying to get referrals from other writers too.

“But I’m a freelancer! A lone wolf! A single banana! A… a… a some other idiom that does everything by themselves! Why would I reach out to other writers!”

Pffffft. 

We all need help. This image of freelancing/entrepreneurship having to be a one person show needs to stop.

If I’m too busy to take on a project, I don’t hesitate to reach out to my writer friends to see if they’re interested. They do the same for me.

We look out for each other. Like a big ol’ copywriting family.

Editor’s note: This is precisely why we have a #copy-tunities channel inside the 10x Freelance Copywriter Slack mastermind. Busy, ambitious freelancers can’t do it all – so why not share the opportunity with another ambitious freelancer? It’s a win-win for the referrer and the referee. 

We shouldn’t view other copywriters as “the enemy”.

They should be seen as fellow members of a community we are part of.

Being part of a community is good for your mental health. Especially because writing can be an intense, lonely job at times. 

Rachel Carson (of Silent Spring fame) put it beautifully when she said:

“Writing is a lonely occupation at best. Of course there are stimulating and even happy associations with friends and colleagues, but during the actual work of creation the writer cuts himself off from all others and confronts his subject alone.”

It’s good to have friends who can help you stave off any bouts of deadline terror and/or imposter syndrome.

5) Form a partnership with an online sales/marketing coach. 

As mentioned earlier, my wife is an online sales coach. She started her business two and half years ago. Over the past year I’ve started working with her more.

I write her sales pages and do occasional copy edits for her clients. This has led to a few of her clients hiring me to do their copy as well.

Now, you might call shenanigans because I have an unfair “in” due to my wife. Fair.

But I counter by saying you should think of me as a case study on whether partnering up with a coach (uh, business partnering – not marrying) gets you copywriting clients.

The verdict? 

Source

Sales/marketing/life coaching is literally a billion dollar industry. That’s a niche with deep pockets and the COVID pandemic has boosted that as more people shift to entrepreneurship.

The whole goal for coaches is to help clients grow their businesses. They’ll be able to do that by having better copy on their sales pages and emails. 

I wonder who could help them with that?

A partnership with a coach – even just for the occasional sales page – can be lucrative

Not only will you get work writing for the coach, you also get access to an ever-filling stable of potential clients being influenced by someone who loves what you do. 

Do good work and referrals will ensue.

(I should note, you don’t need to marry the coach like I did. It leads to a lot of pillow talk about aligned offers and stages of awareness.)

Conclusion: Referrals rule. Cold pitching drools.

My last bit of proof for why referrals is a bit meta: a referral led to me writing this Copyhackers blog post about referrals.

Source

So which sounds better?

Door #1: you waste hours of your life launching emails into the cold void of the internet like desperate space probes searching for intelligent life that might respond but probably won’t?

Door #2: you get to make friends, surround yourself with a community of professionals, and clients who are happy to pay you solid Earth money come to you… all while leaving you plenty of free time?

I know which one I prefer.

Want to be friends?

The post I despise cold pitching. Here’s how I made $19,000+ in 46 days from referrals alone… without sending a single cold email. appeared first on Copywriting for startups and marketers.



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Monday, 5 July 2021

Marketing Analytics: Attribution Is Not Incrementality

One of the business side effects of the pandemic is that it has put a very sharp light on Marketing budgets. This is a very good thing under all circumstances, but particularly beneficial in times when most companies are not doing so well financially.

There is a sharper focus on Revenue/Profit.

From there, it is a hop, skip, and a jump to, hey, am I getting all the credit I should for the Conversions being driven by my marketing tactics? AKA: Attribution!

Right then and there, your VP of Finance steps in with a, hey, how many of these conversions that you are claiming are ones that we would not have gotten anyway? AKA Incrementality!

Two of the holiest of holy grails in Marketing: Attribution, Incrementality.

Analysts have died in their quests to get to those two answers. So much sand, so little water.

Hence, you can imagine how irritated I was when someone said:

Yes, we know the incrementality of Marketing. We are doing attribution analysis.

NO!

You did not just say that.

I’m not so much upset as I’m just disappointed.

Attribution and Incrementality are not the same thing. Chalk and cheese.

Incrementality identifies the Conversions that would not have occurred without various marketing tactics.

Attribution is simply the science (sometimes, wrongly, art) of distributing credit for Conversions.

None of those Conversions might have been incremental. Correction: It is almost always true that a very, very, large percentage of the Conversions driven by your Paid Media efforts are not incremental.

Attribution ≠ Incrementality.

In my newsletter, TMAI Premium, we’ve covered how to solve the immense challenge of identifying the true incrementality delivered by your Marketing budget. (Signup, email me for a link to that newsletter.)

Today, let me unpack the crucial differences between attribution and incrementality to empower you – and your Senior Leaders – to have intelligent discussions about the actual problems you need solved, and justify an investment in additional Analysis Ninjas.

Understanding this difference will also help you ace your job interviews – a lovely bonus. :)

An introduction to multi-channel digital attribution analysis.

When you open a report in any digital analytics tool, like Google Analytics, almost all the reports you look at attribute full credit for the Conversion to the referrer associated with the last session where the conversion occurred.*

(*For the Analytics super nerds, my sisters and brothers: Strictly speaking Google Analytics reports are not last-click conversion, they are last-non-direct-conversion.)

In English, this means if someone clicked on a Paid Search ad on Bing and converted..

attribution_paid_search

…Bing gets all the credit for that conversion in your Analytics reports.

For example, a report like this one…

google_analytics_conversions

This report is not an entirely accurate representation of advertising’s performance because the last-click rarely represents the complete consumer journey.

The customer might have seen, or been forced to see :), other ads preceeding that last touch-point which happened to be Bing in our example.

The act of identifying all the touch-points (impressions and/or clicks) and their influence is what’s known as attribution analysis.

Many analytics tools, including Google Analytics, come built with functionality to help you understand the complete consumer journey and all the touch-points leading up to a conversion.

What Marketers do, in particular the ones whose job descriptions include only paid media, is say ok fine, let us look at all the touch-points that led to conversions.

In a nifty bit of sleight of hand, they create analysis that is reflected in this picture…

attribution_paid_media

This does sucks less.

But. Notice a pattern. They are all paid ads.

Paid Media Marketers (sometimes referred to as Direct Response Team or Performance Marketing) love doing attribution analysis across only paid media channels becuase it allows them to distribute credit only across their work.

This inflates the importance of paid advertising, at the expense of owned and earned tactics – which your company is also investing in.

That of course suits the agenda of your Paid Media Marketers just fine.

But. It is wrong.

Because the complete consumer journey to conversion, in this instance, actually looks like this…

attribution_owned_earned_paid_media

The advertising played a role in driving the conversion. Yes. Absolutely!

So did owned media. Email, was a crucial second to last before conversion.

So did earned media. Organic Search, got the individual to an optimal page on your site.

As you do digital attribution analysis, watch out for Paid Marketers who say they do attribution analysis but only count paid media channels. Work to help them, and your Senior Leaders, understand that this inflates paid marketing’s value well beyond what’s deserved.

The paid media team might resist saying omg but that will require expensive tools and more data and take so much time and it is so painful and omg why do you hate us so much!

Worry not. Every decent web analytics tool now includes built-in attribution analysis across owned, earned, and paid across digital platforms.

It will, literally, take 30 seconds to get going (of which 25 seconds is you booting up your computer).

Is my attribution analysis awesome?

Here’s how you can measure how sophisticated your attribution approach is:

If you are using the full power of the attribution modeling across owned, earned, and paid, you are at an industry-average level of analytics sophistication.​

If you have hooked up the owned, earned, and paid multi-channel attribution analysis results directly to platforms you are buying ads on to ensure smarter bidding, you are at an industry-leading level of analytics sophistication. ​

(In English: Attribution analysis will give proper credit to AdWords instead of an over/under-inflated value. This can be connected to AdWords. AdWords will lower/raise your bids to account for the credit it deserves. Nice.)

Getting to industry-leading level is not just about being able to do the analysis, it is about automating the actions that can be take from the analysis.

Now you understand why attribution is important, how your Paid Marketing team is likely inflating its value, and how to check how sophisticated your approach is… Let’s take a small detour and understand two attribution analysis challenges I want you to be careful about. Then, we’ll get back to Marketing incrementality.

Attribution Challenge #1. Which attribution model rocks?

If last-click and last-non-direct-click are not the best options, which attribution model should you use?

Some people like to use first-click.

First-click attribution is akin to giving my first girlfriend 100% of the credit for me marrying my wife.

Not that smart, right?

You can read about all digital attribution models in this post on the good, bad, and ugly attribution models – it contains pretty pictures!

TL;DR: I recommend not using last-click, first-click, linear, time decay, or position-based, models. If you are a genius, you can use custom attribution modeling. See the post above for all the delicious details, pros and cons.

The one I recommend is data-driven attribution modeling.

Don’t overthink it. (In this instance…) You and I are not as smart as machine learning algorithms that can analyze insane complexity across terabytes of information from millions of customer interactions.

Trust the machines. There are more productive uses of your time.

Attribution Challenge #2. Wait, what about all my offline media?

This is not the complete picture for so many companies…

The real world also exists!
For so many companies, the reality of their marketing efforts looks like this…

attribution_owned_earned_paid_media

The real world also exists, in addition to the digital one!

When you create a full view of your total marketing budget, for most companies the reality of your marketing efforts looks like this…

attribution_digital_offline_media

So what do you do with your Google or Adobe web analytics tool?

Not much.

Sure every company will tell you that you can stand on one feet, curl three left toes, raise your right hand, close only one eye, stand under a shower of arctic-cold water, and fast for 27 days and then do some hard coding to jury rig some sort of signal gathering mechanism with JavaScript hacking and maybe get your offline media into your web analytics tool and maybe you have complete attribution modeling ability.

I just want to observe that their recommended solution is difficult to pull off.

There are other options at your disposal. I refer to this full attribution quest: Marketing Portfolio Attribution Analysis.

Your primary solution will consist of advanced statistical modeling.

These are custom built for each company, there is no off-the-shelf product worth its salt.
Some consulting companies will sell you media-mix modeling solutions, from experience I’ve come to see them with suspicion due to data access issues, stretching math and data beyond a stretching point and so much more.

If you spend so much on marketing that Portfolio Attribution Analysis is worth it for you, you need to hire a small number of brilliant people and empower them.  It is the only way to ensure digital is not being over-credited for the conversions that are rightly being driven by offline channels – or vice versa.

Let’s get back on the, more exciting, incrementality train.

Attribution is not Incrementality.

Now that you are so much smarter with a new level of appreciation of the nuances involved…

Let’s say we got 10 conversions this month (each worth $14 million :)).

When we do attribution analysis, whatever kind you like, what we are essentially doing is taking the credit for those 10 conversions and distributing it across identified marketing activity…

online_offline_attribution_analysis

This is good.

Be proud of yourself and your company peers.

When done right, it helps you identify how to invest your marketing budget across owned, earned, and paid media optimally (the last-wish of every CMO).

But above is not the full picture of reality.

Marketing is not the only thing that drives conversions for your company.

This one is the full picture of reality…

full_picture_attribution

By existing as a company what I mean is that there is a whole bunch of activity that could cause people to buy your company product – that has nothing to do with any kind of Marketing.

I’ve constantly recommended that you buy Patagonia products because it is a company for social good and I love them.

You might have seen me wearing my blue nano puff jacket and thought I looked snazzy in it hence right then and there you decided to buy it.

Perhaps you read a review of Patagonia products by my friend Daniel and you decided to buy it.

(True story) You might have landed in Frankfurt on a really cold day without a jacket – because California is warm! – and you bought the first jacket you bumped into, and it happened to be Patagonia.

Your mom noticed something in your hiking pictures and decided to gift you a gorgeous Mellow Melon Atom Sling.

I could keep going on about all the pathways to purchase that don’t have anything to do with the work of your Marketing team (though the team, and everyone in it, is incredbily awesome!).

The company will sell a whole bunch of products merely by existing.

This is true for your company as well.

The 10 conversions above, that you were crediting only to Marketing, is wrong.

Reality is more like this…

true_full_picture_attribution

Marketing’s Incrementality then is being able to identify how many of the 10 conversions would have happened anyway – even if you did no Marketing.

A whole bunch of Conversions you are attributing to Paid Search or Facebook would have happened any way. Do you know how many?

I’ve done loads of incrementality analyses during my career across different types of companies.

Using the highest percentage incrementality that the data has demonstrated, the answer as to how many of the 10 conversions are incremental would look something like this….

It is measuring what's known as True Incrementality…

incrementality_analysis_results

Typically, if measured accurately, the true incrementality of your Marketing will be in the range of  8% or 22%.

To recap:

Your Paid Search campaign did not entirely drive 10 Conversions.

Expanding the view, your Paid Media did not entirely drive 10 Conversions.

Expanding the view further out, your digital Owned, Earned, and Paid Media did not entirely drive 10 Conversions.

Expanding the even more,  your Online AND Offline Marketing efforts did not entirely drive 10 Conversions.

One last expansion of the view, all your Marketing efforts drove 3 Conversions that you would not have gotten any way.

Marketing’s Incrementality!

Oh, now go back and do attribution analysis to determine how to distribute the credit for those 3 Conversions across your Online and Offline Marketing using my recommendations in the first part of this post.

The very best companies on the planet know the number of outcomes incrementally driven by their Marketing (and other) initiatives.

Bottom line.

1. Whatever you do, never say attribution is incrementality. It’ll hurt my feelings.

2. Do you know what your Marketing’s true incrementality is?

Carpe diem.

As always, it is your turn now.

Please share your critique, reflections, and your lessons from the quest to measure Marketing’s incrementality via comments below. Thank you.

The post Marketing Analytics: Attribution Is Not Incrementality appeared first on Occam's Razor by Avinash Kaushik.



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