Dear Catalog CEOs:
This week, we're going to tackle a concept known to the catalog industry as the "matchback", or to the rest of the world as "attribution".
As you already know, our industry incorrectly associates many online orders with the mailing of a catalog. Based on mail/holdout tests, we know that some customers will continue to spend money, half or more of their dollars, when no catalogs are mailed.
This is not something that the vendor community wants for you to know. The entire vendor ecosystem benefits when we over-attribute online orders to catalogs.
This week, we'll look at examples of mail/holdout tests. We'll more accurately understand how catalog marketing impacts a business. You'll be much more profitable if you adhere to the knowledge learned in the series of posts that will be published this week.
Good luck!
Subscribe to:
Post Comments (Atom)
Median Time to Loyalty
Once we know the probability of a purchase at any recency/frequency combination, we can calculate the median time that elapses between a fir...
-
It is time to find a few smart individuals in the world of e-mail analytics and data mining! And honestly, what follows is a dataset that y...
-
Here's a common dynamic in my projects ... see if this happens at your company. Your average price point is $40.00. Customer response...
-
I always face a challenge from marketers when I talk about implementing a Welcome Program. When I tell marketers that a Welcome Program gene...
il concepteur principal développé des bagages pour les amateurs de vacances tout au long de Venise à partir des années 1800 au sein rapide. Tout au long de 1854, Louis Vuitton Pas Cher a lancé la création de son propre fournisseur de qui visait à créer des bagages. Il continue à bagages de style pour des délais nombreux et a également lancé la création de sacs à travers 1892 que ne peut évidemment être exactement ce que cette société peut être réputée pour aujourd'hui.
ReplyDelete