Show simple item record

dc.contributor.authorKireyev, P.
dc.contributor.authorPauwels, Koen Hendrik
dc.contributor.authorGupta, S.
dc.date.accessioned2016-06-30T12:33:33Z
dc.date.available2016-06-30T12:33:33Z
dc.date.issued2016-09
dc.identifier.issn0167-8116
dc.identifier.urihttp://hdl.handle.net/10679/4208
dc.identifier.urihttp://www.sciencedirect.com/science/article/pii/S0167811615001159
dc.descriptionDue to copyright restrictions, the access to the full text of this article is only available via subscription.
dc.description.abstractAs firms increasingly rely on online media to acquire consumers, marketing managers rely on online metrics such as click-through rate (CTR) and cost per acquisition (CPA). However, these standard online advertising metrics are plagued with attribution problems and do not account for synergy or dynamics. These issues can easily lead firms to overspend on some actions and thus waste money and/or underspend in others, leaving money on the table. We develop a multivariate time series model to investigate the dynamic interaction between paid search and display ads and calibrate the model using data from a bank that uses online ads to acquire new checking account customers. The model suggests that both search and display ads exhibit dynamics that improve their effectiveness and ROI over time. Moreover, our results suggest that display ads increase search conversion. However, display ads may also increase search clicks, thereby increasing search advertising costs. After accounting for these three effects, we estimate that each $1 invested in display and search leads to a return of $1.24 for display and $1.75 for search ads. These ROI estimates are respectively 10% and 38% higher than those obtained by standard metrics, which may have led the company to under-invest. We use these results to show how optimal budget allocation may shift after accounting for attribution and dynamics. Although display benefits from synergy attribution, the strong dynamic effects of search call for an increase in search advertising budget share by up to 36% in our context.
dc.language.isoengen_US
dc.publisherElsevier
dc.relation.ispartofInternational Journal of Research in Marketing
dc.rightsrestrictedAccess
dc.titleDo display ads influence search? Attribution and dynamics in online advertisingen_US
dc.typeArticleen_US
dc.peerreviewedyes
dc.publicationstatuspublisheden_US
dc.contributor.departmentÖzyeğin University
dc.contributor.authorID(ORCID & YÖK ID 141722) Pauwels, Koen
dc.contributor.ozuauthorPauwels, Koen Hendrik
dc.identifier.wosWOS:000384862800003
dc.identifier.doi10.1016/j.ijresmar.2015.09.007
dc.subject.keywordsOnline advertising
dc.subject.keywordsAttribution
dc.subject.keywordsDynamics
dc.subject.keywordsMarketing metrics
dc.subject.keywordsVector error correction
dc.subject.keywordsTime series
dc.identifier.scopusSCOPUS:2-s2.0-84949977707
dc.contributor.authorMale1


Files in this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record


Share this page