TY - JOUR
T1 - Return on investment and return on ad spend at the action level of AIDA using last touch attribution method on digital advertising platforms
AU - Sriram, K. V.
AU - Poojary, Anup Ananda
AU - Jawa, Vineet
AU - Kamath, Giridhar B.
N1 - Publisher Copyright:
Copyright © 2022 Inderscience Enterprises Ltd.
PY - 2022
Y1 - 2022
N2 - The purpose of this paper is to help marketers realise the importance of the last-click attribution model at the action level of the AIDA model on the return on investment (ROI). Marketers often rely on last-click attribution modelling and they obtain undesired results as Google ads and Facebook ads use the last-click attribution model as the default model. Being plagued with attribution-based issues, firms can end up overspending their budget because the ROI shows discouraging results and firms end up curtailing the campaigns, which further drops the conversion. This paper analyses the data from a jewellery brand’s marketing campaigns to understand the effect of action level advertisements on Google ads and Facebook platforms over return on investment (ROI). In conjunction with the ROI being affected by last-touch attribution, the authors have questioned the effect of the AIDA model’s last phase/level, i.e., the ‘action’ level’s effect on ROI from the advertising platform. The findings revealed that ROI through Google ads and Facebook ads were different in the ‘action’ level of the AIDA using the last touch attribution model. This study contributes to the evidence of the ROI queries that the marketers have faced in the current digital marketing domain.
AB - The purpose of this paper is to help marketers realise the importance of the last-click attribution model at the action level of the AIDA model on the return on investment (ROI). Marketers often rely on last-click attribution modelling and they obtain undesired results as Google ads and Facebook ads use the last-click attribution model as the default model. Being plagued with attribution-based issues, firms can end up overspending their budget because the ROI shows discouraging results and firms end up curtailing the campaigns, which further drops the conversion. This paper analyses the data from a jewellery brand’s marketing campaigns to understand the effect of action level advertisements on Google ads and Facebook platforms over return on investment (ROI). In conjunction with the ROI being affected by last-touch attribution, the authors have questioned the effect of the AIDA model’s last phase/level, i.e., the ‘action’ level’s effect on ROI from the advertising platform. The findings revealed that ROI through Google ads and Facebook ads were different in the ‘action’ level of the AIDA using the last touch attribution model. This study contributes to the evidence of the ROI queries that the marketers have faced in the current digital marketing domain.
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U2 - 10.1504/ijima.2022.125145
DO - 10.1504/ijima.2022.125145
M3 - Article
AN - SCOPUS:85138045889
SN - 1477-5212
VL - 17
SP - 111
EP - 132
JO - International Journal of Internet Marketing and Advertising
JF - International Journal of Internet Marketing and Advertising
IS - 1-2
ER -