Assessfy Research Lab Advanced 6 milestones 100 marks

Research: Evaluating Data-Driven Versus Rule-Based Multi-Touch Attribution Models in Di...

Field: Marketing & Sales Type: Research project Bloom: Create / Evaluate Level: Final-year / PG capstone Inspired by: MIT / Stanford / Oxford research agendas

Real-world project · AICTE-aligned · AI-graded · Audit-ready certificate

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About this project
Research: Evaluating Data-Driven Versus Rule-Based Multi-Touch Attribution Models in Digital Marketing Campaigns

Research question: How do data-driven attribution models compare to rule-based models in accurately measuring channel contributions within multi-touch digital marketing campaigns?

Multi-touch attribution (MTA) is a critical aspect of modern digital marketing, allowing organizations to assign credit to various touchpoints that contribute to a consumer’s conversion journey. Traditionally, rule-based models such as last-click and linear attribution have been widely used due to their simplicity and transparency.

However, the emergence of data-driven attribution (DDA) models—which leverage statistical and machine learning methods—promises more nuanced insights by analyzing actual user paths and estimating marginal contributions. The literature to date provides limited direct, empirical comparisons of these approaches in terms of accuracy and actionable value for marketing optimization.

This research will conduct a comparative analysis using real or simulated multi-channel marketing datasets. It will implement both rule-based and data-driven MTA models (e.g., Markov chains, Shapley value) and evaluate their effectiveness using metrics such as attribution accuracy, model interpretability, and impact on channel investment decisions. The expected contribution is a robust, data-backed assessment of when and why organizations should adopt more complex data-driven models over traditional rule-based methods.

The findings will inform both practitioners and academics, enhancing marketing analytics best practices and supporting more effective go-to-market strategies under increasing digital complexity.

Milestones
1. Literature Review & Problem Definition
15 marks 18d
Conduct an in-depth review of attribution models, define research gaps, and articulate the problem statement.
2. Research Proposal & Hypotheses
10 marks 14d
Formulate specific research hypotheses and present a detailed research proposal for approval.
3. Methodology & Experimental Design
15 marks 16d
Design the comparative experiment, select datasets, and specify model evaluation metrics and criteria.
4. Data Collection / Experimentation
20 marks 24d
Acquire and preprocess data, implement rule-based and data-driven attribution models, and run experiments.
5. Analysis & Results
20 marks 20d
Analyze experimental results, compare models quantitatively, and interpret findings in context.
6. Thesis Write-up & Defense
20 marks 18d
Write the final thesis, prepare visualizations, and present findings for oral defense.
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Skills you'll learn
ResearchMarketing & SalesSystematic literature review of multi-touch attribution methodsExperimental design for comparative model evaluationData cleaning and preprocessing for marketing datasetsImplementation of statistical and machine learning modelsQuantitative analysis and model evaluationCritical interpretation of resultsAcademic writing and presentationDomain knowledge in digital marketing analytics
Tools used
Python (scikit-learnpandasstatsmodels)R (caretattribution packages)Google Analytics Sample Ecommerce DatasetMarkov chain modelingShapley value attributionJupyter Notebook or RStudioStatistical methods: AUCRMSElift chartsVisualization (Tableaumatplotlibseaborn)
Prerequisites
Introductory Marketing AnalyticsStatistics for Business or EconometricsFoundations of Data Science or Programming (Python/R)Digital Marketing or Consumer Behavior
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