A growing need to track performance in mobile applications prompted Google to build out a tool that tracks metrics, and sign on partners to support the move. The company announced Google Analytics for Apps Thursday at its annual I/O conference. The tool provides greater transparency into the effectiveness of ads across networks such as the performance of mobile app install campaigns and understanding the lifetime value of users on Android and iOS devices.
The release comes with a list of more than 20 ad network partners, including inMobi and Millennial Media. Data integration with these partners provides insight into the value of the apps across networks based on the metrics such as lifetime value and retention.
In the next few months, brands will have the ability to "postback" conversions, referring networks to optimize traffic--all made possible with one software developers kit (SDK), explains Jonathan Alferness, VP of product management at Google, in a blog post.
The move toward mobile requires brands to integrate a variety of data. So, Google now gives brands the ability to integrate app install and event data into AdWords from third-party measurement partners such as Adjust, Appsflyer, Apsalar, Kochava, and Tune. The deal aims to increase measurement accuracy between different trackers in AdWords
Tools to determine performance will become the differentiator when it comes mobile advertising, as competition continues to grow. Google's share of the worldwide mobile ad market fell to 38.2% in 2014, down from 46% the year prior, according to eMarketer. Facebook increased its share from 16.4% to 17.4% last year as global mobile ad market expanded more than 50% to $42.63 billion in 2014, according to the data firm.
The transition to rebuild Google Analytics and AdWords took years. Google Analytics runs on more than 68% of the Internet, estimates URX CEO John Milinovich, a former Google Analytics team member. During a conversation about deep linking, he said the team had to completely rebuild Google Analytics to make it work on mobile apps. "Here we had the most widely used analytics platform on the planet, but it had to be rebuilt to support mobile apps," he said, when describing how he co-founded URX in 2012.
Google has also released a way to promote apps. Aside from placements across Google Search, AdMob network, mobile sites, YouTube, and Search Ads on Google Play, Google now offers Universal App Campaigns, which allows advertisers a way to set-up install ads for Android apps in AdWords or directly from the Google Play Developer Console.
One campaign can run across Google Search, the AdMob network, mobile sites, YouTube and Google Play. Advertisers need to input a few metrics about the app, such as context, audience, and budget, and the platform automates the rest. Google's ad creation and bidding engines pull together the data to determine the best performance for campaigns. Search Ads on Google Play and Universal App Campaigns will rollout to developers and advertisers in the coming months.
First time in a while I've actually been stoked about something I've seen from Google. With the importance of mobile ad optimization never more pronounced, Google is taking steps in the right direction here. But they really had no choice. When you consider how far every ad platform ranging from Airpush to Facebook has come, Google is just playing catch-up. http://mobileadvertisingwatch.com/optimization-everything-mobile-advertising-10227