TECHNOLOGY
Lumen becomes the first attention technology company to be assessed by the global consulting firm
London, UK – 27th April 2023: Lumen Research, the leading technology provider, has released a report from PwC which reviews the Lumen Attention Measurement Platform (LAMP) – making it the first attention technology product to be assessed by PwC.
From June 2022 to October 2022, PwC conducted a detailed walkthrough with Lumen on the company’s attention prediction methodology across both global and domain models. PwC reviewed the application of Lumen’s methodology for three blue-chip advertisers; assessing the datasets and calculations used to verify the correlation between attention and click-through rate and conversion, in comparison to viewability.
PwC found that Lumen’s attention model correctly predicted whether an impression was viewed 70% of the time, where “viewed” is measured by a detected eye gaze on an ad for at least 100 milliseconds.
The review’s findings demonstrated that attention per impression was correlated with superior click-through rates and conversion, in comparison to viewability. This indicates the importance of attention metrics for brands as a way to drive better performance across both engagement and purchase orders. The relationship between predicted attention and brand lift metrics such as ad recall was more complicated, and in line with viewable time metrics. This likely points to the impact of brand size and creative execution in influencing these softer measures.
“We are excited to partner with PwC in this review of our attention technology solutions,” says Mike Follett, CEO. “This review proves the value of attention in the advertising media mix by demonstrating a clear correlation between Lumen’s attention optimization model and higher click-through rates and conversions, as well as the superiority of attention to viewability as a way to drive better results for ad campaigns.”
“We found that Lumen’s approach to measuring the impact of attention was both logical and unbiased,” says Sam Tomlinson, PwC’s Media Leader. “This assessment helps show that attention metrics can provide a meaningful and actionable new form of measurement for advertisers for digital advertising.”
- PwC confirmed that Lumen’s attention model correctly predicted whether an impression was viewed 70% of the time, where “viewed” is measured by a detected eye gaze on that ad for at least 100 milliseconds
- Lumen’s attention predictions correlated better than viewability with performance metrics such as click-through rate and conversion
- The relationship between predicted attention and brand lift metrics such as ad recall was more complicated, and in line with viewable time metrics due to brand size and creative execution
For more information:
Download the full PwC report here
Maryum Sheikh, Press Lead, The Digital Voice™
press@thedigitalvoice.co.uk
About Lumen:
Lumen is the world’s leading attention technology company, with large-scale biometric datasets based on real-world and predictive eye-tracking technology that convert the webcam on a user’s phone or desktop computer into a high-quality eye-tracking camera, capturing not only what users could see, but also what they do see.
About PwC:
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 156 countries with more than 295,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
