Myself I have an adverse effect when I see an ad for a product. I will actively try to avoid it as I feel if you have to advertise, the competition probably has a superior product.
I think my reaction would have been different of the ad was subtler though. Thoughts?
A lot of brands will try and piece together negatives - if you want to help a marketer, fill out that NPS popup you see ;)
I am sure a company as big as proctor and gamble has at least a team of people who are dedicated to gather the end to end metric. Then where’s the gap?
In my experience as a data scientist working along-side some marketing people, most of the performance measuring, if it was ever done, was total psuedo-science. It was almost universally done either by people aligned with the actual marketing or who actually worked on said marketing effort.
Not only is there the universal mantra of "Don't ever come to a finding which says that your team and effort fails to contribute value to the company", but lets say that you actually are a data scientist and you really are independent and you come to a conclusion that your multi-million dollar marketing campaign is doing sweet f all.
This will generally be despite 6 months of presentations from the marketing team about how great it was, and probably several bonuses/pay reviews.
And now you're not only fighting a civil war in your company, you're doing it against multiple people with millions of dollars in budget, who have been proclaiming their success, and who's entire career has been based upon appealing to peoples guts to give them high paying jobs and big budgets.
Good luck with that fight...
Rule 37 of professional analytics in big companies: be VERY careful before turning your analytical eye inwards into your own companies' hierarchy/practices...
I do not understand why it’s hard to see
at least the end result.
The longer it takes for a change in input to produce a change in output, the greater the chance confounding factors will interfere, making your conclusions less convincing.You moved your spending from billboards to print magazines, and 6 months later sales are higher. How do you tell if it was the ads, when there was also a model refresh, your competitor released a poorly reviewed product, and the economy has been kind to your target demographic?
As John Wanamaker supposedly said, "Half the money I spend on advertising is wasted; the trouble is I don't know which half"
See where the problem might be?
After realizing that I just need some tops and shorts to sweat in at home, I ended up buying the store brand label, saving myself ~80% in costs.
It's funny how the mind works.
Conducting an on/off test can be a viable approach in some cases assuming you can properly control for the numerous (understatement) variables that often make your data incredible dirty for such a test. That said, often the nature and number of the variables is such that you would not get meaningful results from an on/off test. This is quite often the case with large brands. As such, other forms of testing are often used individually or in conjunction with each other to get a better read on things.
In terms of the end-to-end data, from an online advertising standpoint you often are missing trackable data points around other brand touch points the person might have encountered before purchase, or often, even the end purchase itself. And that's just the start of the data headaches.
There reason advertising is hard to measure despite lots of data is that the data isn't always accurate and doesn't always tell the whole picture.
When you do advertising for a big brand, things are even harder to measure than direct response advertising. Viewability is a problem, but attribution is an even bigger one because your tracking to the end purchase is missing many key data points.
Hope that helps clarify a bit.