Comparing Performance across Time Periods
Rockerbox can be leveraged to understand how your marketing performance and user behavior varied during two different time periods.
Examples of when you may want to do analysis across time periods include:
- New product launches
- Spend Heavy ups
- Change in your marketing mix
- Testing offline channels
Below we outline four analyses that you can leverage in comparing across time periods:
3. Impact to Top and Bottom funnel channels
4. Impact to Path to Conversion and Time to Convert
Priority Questions to Answer
Marketing Performance
- Impact to CPA/ROAS- how did CPA and/or ROAS change between time periods
- Impact to CPA - if spend heavy up - how did CPA change due to heavy discounting coupled with increased spend (and mitigating against diminishing returns)
- Impact of discounting- if used different discounts across channels, did that change the improvement on CPA of each channel?
User Behavior
- Changes to the path to conversion- were users taking more vs less time to convert and interacting with different marketing touchpoints?
- Impact to marketing mix- were users converting from different channels?
- If launching a new offline channel or doing a branding heavy up - did this result in users entering the funnel from different channels (first touch) vs converting from different channels (last touch)?
Before you begin any analysis you need to first choose your control period. This is the time period you will compare performance during your current time period against. When choosing your control period consider the following: - Choosing a time period without any significant changes to your marketing mix ( heavy-ups, new channel launched) - For sales with a longer ramp time (i.e. BFCM) - you may want to choose two control time periods (one pre-marketing heavy up and one during heavy up)
1. Impact to CPA/ROAS
Priority Questions to Answer:
Impact to CPA/ROAS- how did CPA and/or ROAS change between time periods
- Impact to CPA - if spend heavy up - how did CPA change due to heavy discounting coupled with increased spend (and mitigating against diminishing returns)
- Impact of discounting- if used different discounts across channels, did that change the improvement on CPA of each channel?
Methodology:
- Use our time period comparison feature in the Cross-Channel attribution report to compare against two time periods (i.e. WoW or MoM)
Resulting Metrics:
- % change in CPA/ROAS by channel
- % change in CPA/ROAS relative to % change in spend
2. Impact to Channel Mix
Priority Questions to Answer:
- What was the impact to your marketing mix- were users converting from different channels?
Methodology:
- Using the time period comparison feature look at % change in overall normalized conversions
- Identify any changes at the channel level
Resulting Metrics:
- % of conversions by channel
3. Impact to Top and Bottom funnel channels
Priority Questions to Answer:
- Did offline channel launch or branding heavy up result in users entering the funnel from different channels (first touch) vs converting from different channels (last touch)?
Methodology:
- Using funnel position view take a look and what is driving users into the funnel and how this has changed across time periods
Resulting Metrics:
- % of conversions by channel for last touch vs first touch
- % change in first-touch conversions relative to % change in spend
4. Impact to Path to Conversion and Time to Convert
Priority Questions to Answer:
- How did our users’ path to conversion change- were users taking more vs less time to convert and interacting with different marketing touchpoints?
Methodology:
- Use the marketing paths view to see the average time to conversion and look at any changes
- Be sure to filter for new vs existing customers
Resulting Metrics:
- Avg # of days to convert
- Avg # of marketing touchpoints
- (Both overall and by channel position)