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With millions of dollars spent on
interactive rich media advertising every quarter, advertisers
need to understand in detail whether each dollar spent is
worthwhile.
Tracking the performance of GIF banners and text links using
click tracking is a simple way of measuring performance. But
tracking the performance of video and rich media advertising,
gets a whole lot more complicated.
Just mention the word 'calculus' and it is not easy to see
why the very concept of tracking such rich media makes the
eyes of most media people glaze over.
Most recognize that tracking measurement is good in any marketing
activity. In rich media, this means measuring such metrics
as: rollovers; panel openings and closings; audio activation
and deactivation; video play, stop, rewind, and forward; video
close, replay, and download; etcetera
It gets more complicated with multiple interactions or experiences
in one or more user sessions. The key problems are:
Data Volume - The mass of data you can collect
is huge, and there are a lot of parameters and insights to
be derived from that data. The sheer volume of data is an
obvious problem to measurement. And much of this tracking
data isn't easily recognized in a meaningful way, as with
the other established forms of measurement.
Context Complexity - Add to this - polymorphic
context; user variables [such as their mental and emotional
states] can affect a reaction to any rich experience.
User Interactions - The interactions one
can have inside a rich online ad can also be complex and large
in volume. This is inspite of the original ad aiming to gain
the viewers attention for a mere fraction of the time eventually
spent weaving their own webs from the initial click.
And the outcome of all this is supposedly, behavioral targeting.
So how do we rationalize rich media experiences, and how
do we effectively measure these experiences?
Despite all the half measures and the placating done by the
Nielsens and comScores of the world, online will prove to
be richer in data and measurement than all other forms of
marketing.
The trend today is to measure TIME as the single most important
element. By starting with one single measure, such as total
time spent in a target domain linked to the ad, and build
from there, systematically adding measurement levels as patterns
and prictures start emerging.
Next: Video Ad
Performance
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