How Will Amazon's New Attribution Model Affect Sellers?
As one of the largest online retailers, Amazon.com has always been at the forefront of innovation. Their latest move is in the area of attribution modeling, which aims to give marketers a more accurate picture of how their advertising is performing. Amazon's new attribution model is a significant departure from traditional methods that focus on last-click or first-click conversions. Instead, it looks at all touchpoints in the customer journey and assigns a value to each based on how likely it was to result in a sale. This allows for a more holistic view of the customer journey and how different marketing channels work together to drive sales. The benefits of this new model are twofold: first, it provides a more accurate picture of which marketing activities are most effective; and second, it gives marketers more control over how their budget is spent.
How will the new attribution model affect sellers? The new Amazon Attribution model will affect sellers in a number of ways. First, Amazon will now attribute sales to the last marketing touchpoint prior to a purchase. This means that if a customer sees an ad for a product on Amazon, but clicks on a link from another site before buying the product, the sale will be attributed to that other site.