George Dixon’s Post

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Product Strategy | Innovation | Business Development

It's clear attention powered data and insights drawn from it can offer so much value for automotive brands when applied effectively to drive outcomes. This just goes to show it's potential for this vertical and of course many others. #attention #outcomes

View profile for Mike Follett, graphic

CEO at Lumen Research, the eye-tracking technology company - turn attention into action.

Here’s a case study on how a leading automotive brand increased its conversion rate by 441% simply by optimising towards attention... Since 2013, Lumen Research has amassed a huge amount of data from our eye-tracking panel studies, and the data show that, on average, 70% of advertising is never looked at. This formula holds true: • 1,000 impressions served • 700 could have been viewed (70% viewable) • 300 are actually viewed (30% get attention) Clearly, if an ad isn’t looked at, it can’t have any impact, and if 70% of your budget is wasted, then the other 30% has to work so much harder. Lumen Research worked with a leading automotive brand to overcome that challenge by targeting their campaign towards actual human attention. Lumen curated an attentive private marketplace (PMP), which delivered high-attention ad placements while eliminating the ad placements that are viewable but not viewed from the plan. Compared to the control campaign, the attention targeting delivered: • 441% higher conversion rate • 58% lower cost per action • 218% increase in qualified visits to the website In short, the brand and Lumen partnered to turn attention into action. If you would like to know more about the science behind optimising towards attention, please drop me a note in the comments or via DM, and I will get back to you. - More case studies available on our website (link in the first comment of this post) #attention #advertising #marketing

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