Mobile Attribution Statistics 2023: Facts about Mobile Attribution outlines the context of what’s happening in the tech world.
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Top Mobile Attribution Statistics 2023
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- It is a win-win scenario. Your attributed conversions will rise by up to 30% when you integrate branch into each new channel, and the better user experiences you provide will keep consumers coming back for more.[1]
- In 2016, Limited Ad Tracking (LAT) was introduced, which allowed Apple users the option to opt out of measurement on their devices. As many as 30% have done so in early 2021.[2]
- It is predicted that only 2%-20% of users will opt-in, rendering the IDFA all but obsolete.[2]
- When compared to our Google ads dashboard, the data from an attribution tool, for instance, indicated 20% more installations attributable to Google.[3]
- Kochava employs fingerprinting logic, which has a 90% accuracy rate, if there is no device identification supplied.[3]
- In the mobile app market, ad fraud is a massive issue. According to a Juniper Research estimate, fraud across internet, mobile, and in app channels would cost marketers $42 billion of their ad budgets in 2019.[4]
- A 21% increase from the anticipated $35 billion dollars lost in 2018 indicates that advertising fraud is also on the rise.[4]
- People were anticipated to spend an average of three hours and 43 minutes per day on their mobile devices in 2019, increasing 3.7% year over year, according to data from eMarketer (via mobile marketer).[5]
- Conclusion out of 1,100 executives surveyed by Accenture, 53% said they were still in the pilot or early adoption phases and had not yet seen any advantages from their AI initiatives.[5]
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How Useful is Mobile Attribution
Mobile attribution refers to the process of identifying which marketing channels or campaigns are responsible for driving users to take a specific action on a mobile device, such as making a purchase or downloading an app. It allows marketers to track the customer journey across different touchpoints, giving them valuable insights into which strategies are working and which ones need improvement.
One of the main advantages of mobile attribution is its ability to provide a comprehensive view of the customer journey. By tracking user interactions across different channels, marketers can gain a better understanding of how customers are discovering and engaging with their brand. This knowledge can help them optimize their marketing efforts and allocate resources more efficiently, ultimately leading to better results.
Another benefit of mobile attribution is its ability to measure the success of individual marketing channels or campaigns. By assigning unique tracking codes to each channel, marketers can accurately attribute conversions to specific sources. This data allows them to see which channels are driving the most conversions and adjust their strategy accordingly.
In addition to tracking conversions, mobile attribution can also help marketers identify trends and patterns in customer behavior. By analyzing the data collected from various touchpoints, marketers can gain insights into which messages and offers are resonating with their target audience. This information can be used to tailor future campaigns and create more personalized customer experiences.
Mobile attribution is especially valuable for businesses that have a mobile app, as it can provide detailed insights into user engagement and retention. By tracking user behavior within the app, marketers can understand which features are most popular, where users are dropping off, and how to improve the overall user experience. This data can inform product development decisions and help businesses retain customers over the long term.
While mobile attribution offers many benefits, it is important for marketers to approach it with caution. The data provided by mobile attribution tools are only as good as the inputs, so it is crucial to ensure that tracking codes are implemented correctly and that data is being accurately reported. Additionally, marketers should be mindful of user privacy concerns and be transparent about the data they are collecting.
Overall, mobile attribution is a valuable tool for helping marketers understand the impact of their mobile marketing efforts. By providing insights into customer behavior and campaign performance, it can help businesses optimize their strategies and improve their ROI. As the use of mobile devices continues to grow, mobile attribution will become increasingly important for businesses looking to stay ahead of the competition.
Reference
- branch – https://branch.io/attribution/
- appsflyer – https://www.appsflyer.com/blog/measurement-analytics/mobile-attribution-privacy-age/
- udonis – https://www.blog.udonis.co/mobile-marketing/mobile-attribution-platforms
- businessofapps – https://www.businessofapps.com/insights/mobile-attribution-marketers/
- forbes – https://www.forbes.com/sites/forbestechcouncil/2020/06/01/how-to-leverage-mobile-attrition-data-for-ai/