Mobile Marketers Need Cross-Device Attribution To Expose True Marketing ROI

If marketers want accurate results of their mobile marketing campaigns, they need to understand the impact of their campaigns across devices and platforms. Without cross-device attribution to generate true return on ad spend (ROAS) and marketing ROI, marketers simply cannot really know whether they’re doing well or not.

Worse, without a cross-device attribution solution, marketers might erroneously think that one ad campaign is better than another. And that means that companies risk both investing in the wrong channels and campaigns and divesting from the right ones prematurely. That’s literally a worst-case scenario.

As an example, take a look at these two campaigns:

As a mobile app marketer, if you measured the performance of your mobile marketing campaigns only against user behavior in-app, Campaign 2 would appear to be driving higher marketing ROI. In fact, it’d be a no-brainer, and you’d immediately redirectly more ad spend to that channel and media partner.

But, of course, you’d be making a fatal mistake.

In reality when you see the bigger picture of both mobile and web activity taken into account, Campaign 1 returns 2X ROAS compared to 1.5X ROAS and is the much better marketing investment.

The reality is that all too often such crucial data points go unnoticed by companies that either can’t or don’t integrate cross-device data into their marketing analytics ROAS and ROI calculations. Without cross-device — or cross-channel on the same device — insights, marketers just don’t have the tools to accurately evaluate, measure, and optimize performance across marketing channels.

The result is that mobile marketers waste ad spend, lose insights, and worst of all, cost their companies conversions and sales … because they’re turning off channels and partners that are actually working.

Simultaneously, in some cases, marketers are also frustrating users with disjointed cross-device experiences.

The reality is that the cross-device challenge is only becoming more urgent. In the post-COVID world, we are living with a multitude of devices, constantly switching from smartphone to tablet to computer throughout the day in our home offices. People are already using more devices than ever — owning about four on average — and typical conversion paths can wind their way through all of them.

The problem?

Less than a third of marketers use mobile data to identify users across devices. As a result, when consumers engage with a brand across devices, user profiles become fragmented and marketers lose their ability to construct a full view of the buyer journey in order to understand the channels and campaigns driving their highest return.

(And, by the way, there are privacy-safe ways of doing this, using only first-party data.)

Fortunately, a single view of each customer can be created by deterministically matching an organization’s first-party data across all devices and tying it back to each individual customer. This single-view approach can then be leveraged to optimize marketing more effectively. In fact, one study showed that marketers who are able to optimize campaigns based on cross-device attribution insights can reduce Cost Per Action (CPA) by 30-50% and increase mobile app ROI by 50-100%.

Plus, the benefits of optimizing campaigns based on cross-device insights extend beyond ROI measurement and ad spend decisions. Where possible, marketers can automate retargeting campaigns using cross-device information to optimize their messaging — for instance, using desktop creatives that reflect a user’s browsing behavior in-app.

I mentioned it already, but it’s worth reiterating: marketers who leverage cross-device analytics to optimize their marketing return should always do so in a privacy-safe way. Cross-device data can be used to draw sensitive inferences from users and, if not handled securely, can lead to unexpected and unwelcome use of user data. One of the biggest challenges marketers face in generating cross-device insights to optimize their marketing channels is protecting user privacy.

That’s why Singular can enable marketers to integrate cross-device attribution without an SDK by securely passing an identifier during the attribution process via a server-to-server integration. That helps marketers get a full view of their users, using every touchpoint in the conversion path to spot patterns, measure the true performance of their campaigns and, ultimately, hit their marketing goals.

And, it ensures that marketers don’t have to invade customer privacy with third-party data or invasive data-collecting SDKs.

Interested in cross-device measurement?

Request a demo of the Singular solution here.

 

Introducing global-first Cross-Device, Cross-Platform ROI analytics

How do you grow ROI while maintaining CPA and scale?

This is a question marketers face every day. And answering this question has become more complex as they advertise on more platforms across more devices than ever before. When conversions happen, it’s a struggle to connect the dots and understand what caused them.

Back when Singular was founded in 2014, we focused on solving this challenge first for the complex, highly fragmented, mobile ecosystem: providing a single solution that automatically collects and combines spend data and conversion data to expose mobile marketing performance, including ROI, at unrivaled levels of granularity.

That is powerful. And we quickly became the de facto solution for unifying campaign analytics and mobile attribution to expose ROI.

But in 2019, the game is different

Top brands advertise over a wide range of platforms to users on multiple devices. A customer may see an advertisement for a product on her desktop, and later buy that product on her mobile app. With today’s analytics, it’s hard to connect the two experiences and measure the customer journey accurately.

For mobile-first brands, this often leads to two separate teams, one web, one mobile app, using different tools, and even different metrics, to measure the customer journey. For web-first brands, it results in limited investment in mobile apps, preventing them from diversifying their marketing efforts to bring in incremental users, leaving untapped growth potential on the line.

Moreover, inaccurate measurement leads to misguided decision-making. Matter of fact, poor data quality costs brands an average of $15 million annually, according to Gartner. Making an investment and creative decisions with inaccurate and incomplete datasets is just plain costly.

In true Singular spirit, we sought to solve this new challenge for our customers so they can drive growth more effectively and efficiently in this multichannel world. And I’m happy to say that we have leveraged our vast experience in attribution and marketing analytics to do just that.

Cross-device, cross-platform attribution

Today, Singular is announcing the first-ever cross-platform and cross-device ROI analytics solution for growth marketers.

With the release of Cross-Device Attribution, Singular’s Marketing Intelligence Platform connects marketing spend data to conversion results across devices and platforms. First, we ingest granular spend and marketing data from thousands of sources. Then we connect it with attribution data from our easy-to-implement in-app and web SDKs as well as direct integrations with customer data platforms, analytics solutions, and internal BI systems, bringing the full customer journey into a single view. Finally, we match the two datasets.

The result is the most accurate cohort ROI and CPA metrics available to marketers, at the deepest levels of granularity including campaign, publisher and even creative.

That’s ground-breaking. It’s revolutionary.

But bringing cross-device and cross-platform ROI into Singular and measuring it accurately, at granular levels, is only the beginning to driving impactful growth.

Granular data for growth

Marketers can now access granular ROI cohort reporting that is more accurate than ever, as you can get clear, combined revenue for users across all devices. This is critical to achieving profitable growth and only possible with Singular – a complete platform that innovates beyond a single attribution solution.

Moreover, marketers can also utilize the wide set of capabilities that Singular’s Marketing Intelligence Platform offers to make smarter decisions and optimize their growth efforts with additional cross-device visibility; plus, they have more visibility into essential context such as the exact creative customers engaged with and the audience segments they belong to.

For example, you may find that a web channel’s impact is much higher than expected for specific types of customers. And now you can analyze the impact of the same creative across mobile and web.

In fact, we won’t be surprised if marketers start shifting investments with this new level of clarity. We are excited to see how growth strategists are going to rise above the crowd using this new solution to become part of the future wave of sophisticated marketers. Gone are the days of attribution feature wars – Marketing Intelligence has arrived.

Launching Cross-Device Attribution is just another step towards achieving our goal: to be every marketer’s indispensable tool in driving growth. We keep working not only to ensure that you can innovate your growth processes and have access to the highest data accuracy but also to ensure that we bring you the right insights at the right time to help you make timely strategic and operational decisions.

Are you ready to take part in the future of growth?

Find out what Singular can do for you