Digital Marketing Guides & Strategies

All Things Incrementality: A Guide to Growing Revenue Profitably | Nanigans

E-Commerce & Retail

Over a hundred years ago, John Wanamaker famously said, “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” In past, this quote struck fear in the hearts of marketers but in the digital age, it’s not. Marketers can easily identify their users, analyze their behavior, personalize ads, etc. In other words, advertisers now know better than ever who are seeing their ads.

But the crucial question here is how can marketers know for sure if they’re successfully allocating ad spend to people who will be influenced by ads? The answer lies in incrementality. Simply, incrementality is calculated as the difference in revenue between two groups: those assigned to a treatment group (who see ads) and those in a holdout group (who do not see ads). Incrementality helps marketers serve ads to users more likely to be influenced by those ads (those who have “high incremental lift”) and dedicates less or no ad spend to users with a strong likelihood of purchasing regardless of seeing an ad (those who have “low incremental lift”).

It’s just a start. Download the full guide now and learn how incrementality is measured and why it’s essential for increasing revenue. Investigate also how status quo measurement solutions like “multi-touch attribution” are misleading and why legacy retargeting providers do not want you measuring incrementality.

How to Measure the Incrementality - Nanigans

An Example of How to Measure the Incrementality Using Two Kinds of Shoppers

The Content of “All Things Incrementality” Guide:

  • The Incrementality Advantage
  • Performance Advertising Is a Broken System
  • How to Measure and Optimize for Incrementality
  • How Rue La La Used Incrementality to Grow Revenue 6.5x

Number of Pages:

  • 9 Pages

Pricing:

  • Free

Nanigans

Founded in 2010, Nanigans develops Software-as-a-Service (SaaS) based digital and mobile advertising automation software solutions. Nanigans advertising automation software empowers in-house helps marketing teams to drive incremental revenue with the most powerful and transparent cross-channel buying platforms.
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