Econometric Analysis for online marketers

Discussion in 'General Marketing' started by Rockstar82, Dec 17, 2008.

  1. #1
    So lets say I want to analyze the effect of banner views on conversions in google adwords, or the effect of print advertising on direct to site conversions. I would have to do econometric analysis.

    Does anyone here have any experience in doing this type of analysis? What tools do non Fortune 500 companies use (it would be especially good if you know something that would play nice with Omniture)?
     
    Rockstar82, Dec 17, 2008 IP
  2. wrekoniz3

    wrekoniz3 Well-Known Member

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    #2
    I think you best contact google about this.
     
    wrekoniz3, Dec 17, 2008 IP
  3. Anna B

    Anna B Peon

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    #3
    Do you think google would answer this question? It would surprise, if they would...
     
    Anna B, Dec 18, 2008 IP
  4. Rockstar82

    Rockstar82 Peon

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    #4
    Thanks for your replies, since google doesnt have access to your offline or display budget it would be hard to do so. There have been several studies that show this effect but since every business is different it is really up to each company to do this kind of analysis.

    I know many marketers use SPSS or SAS but I wondered if there are any online providers who have thought of this in light of web analytics. It would be an extremely helpful product..
     
    Rockstar82, Dec 18, 2008 IP
  5. Tatvic Analytics

    Tatvic Analytics Peon

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    #5
    You can now use Google Website Optimizer for free to analyze different communication and its impact on your conversion !

    Thanks,
    Ravi
     
    Tatvic Analytics, Feb 18, 2009 IP
  6. perry321

    perry321 Guest

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    #6
    Ok, I must be missing something here.

    Uhh, why?
     
    perry321, Feb 18, 2009 IP
  7. Rockstar82

    Rockstar82 Peon

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    #7
    Because its otherwise quite impossible to unpick that spend.. how are you doing it?
     
    Rockstar82, Apr 9, 2009 IP