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Product Management Analytics Question: Measuring success of Criteo's retargeting campaigns using key performance indicators

Asked at Criteo

12 mins

how would you measure the success of criteo's retargeting campaigns?

Product Success Metrics Medium Member-only
Data Analysis Metric Definition Strategic Thinking Digital Advertising E-commerce MarTech
Analytics Performance Metrics Digital Advertising ROI Retargeting

Introduction

Measuring the success of Criteo's retargeting campaigns requires a comprehensive approach that considers multiple stakeholders and metrics. To effectively evaluate these campaigns, I'll follow a structured framework covering core metrics, supporting indicators, and risk factors while considering all key stakeholders.

Framework Overview

I'll follow a simple success metrics framework covering product context, success metrics hierarchy.

Step 1

Product Context (5 minutes)

Criteo's retargeting campaigns are a form of digital advertising that targets users who have previously interacted with a brand's website or app. The goal is to re-engage these users and encourage them to complete a desired action, such as making a purchase.

Key stakeholders include:

  1. Advertisers (Criteo's clients)
  2. End-users (consumers)
  3. Publishers (websites displaying ads)
  4. Criteo itself

The user flow typically involves:

  1. User visits advertiser's website/app
  2. User leaves without converting
  3. User sees retargeted ads on other sites
  4. User potentially clicks ad and returns to advertiser's site
  5. User potentially completes desired action

Criteo's retargeting fits into the broader digital advertising ecosystem, competing with giants like Google and Facebook. However, Criteo differentiates itself through its focus on retargeting and its extensive publisher network.

In terms of product lifecycle, retargeting is a mature product, but there's ongoing innovation in areas like AI-driven personalization and cross-device targeting.

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