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Product Management Analytics Question: Measuring success of Criteo's retargeting solution with key performance indicators

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

Product Success Metrics Medium Member-only
Metrics Analysis Strategic Thinking Ad Tech Knowledge Digital Advertising E-commerce Marketing Technology
Product Analytics Performance Metrics Ad Tech ROI Retargeting

Introduction

Measuring the success of Criteo's retargeting solution requires a comprehensive approach that considers multiple stakeholders and metrics. To effectively evaluate this retargeting product, 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

Criteo's retargeting solution is a digital advertising product that helps e-commerce businesses re-engage potential customers who have previously interacted with their website but didn't make a purchase. The key stakeholders include:

  1. E-commerce businesses (Criteo's clients)
  2. End consumers (shoppers)
  3. Criteo (the company itself)
  4. Ad networks and publishers

The user flow typically involves:

  1. A shopper visits an e-commerce site and browses products without purchasing.
  2. Criteo's technology tracks this behavior and creates a user profile.
  3. When the user visits other websites, Criteo serves personalized ads featuring products they viewed.
  4. If the user clicks on the ad, they're directed back to the e-commerce site to complete a purchase.

This solution fits into Criteo's broader strategy of providing performance-based advertising solutions for e-commerce. It competes with other retargeting providers like AdRoll and Google's Dynamic Remarketing, differentiating itself through its extensive cross-device tracking capabilities and AI-driven personalization.

In terms of product lifecycle, retargeting is a mature product but continues to evolve with advancements in AI and changes in privacy regulations.

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