What are Norms?
Evaluate Brand Performance with Normative Benchmarks
Upwave provides various norm types to help customers contextualize Brand Lift performance in alignment with their campaign KPIs. Upwave Norms take into account all campaigns ensuring reliable estimates and serving as a precise indicator of expected lift. Plus, our AI-agent, Bayes, enhances the accuracy of our classification methods.
Upwave Norms are available directly in the Upwave dashboard and as a downloadable spreadsheet–making it easy to access, compare, and evaluate results on a multitude of levels.
Get to Know Upwave Norms
Platform Norms
Evaluated over campaigns that measure this KPI in the Upwave platform within the last 30 days.
Platform Norms are dynamic, and help account for tentpole events or periods (i.e. Super Bowl, or periods of unrest.)
Brand Maturity Norms
Evaluated over campaigns in Upwave platform within the last 30 days, accounting for brand baselines.
Brand Maturity Norms set better expectations, and are useful for new entrants and dominant incumbents alike.
Industry Norms
Evaluated over campaigns in Upwave platform by industry vertical.
Industry Norms contextualize performance in terms of the average for an industry vertical, classified by Bayes.
Tactic Norms
Evaluated over campaigns in Upwave platform measuring a given tactic.
Tactic Norms can be used to compare your brand’s performance in that specific tactic, classified by Bayes.
FAQs
Where can I access norms?
Norms are available right in Upwave’s platform. Navigate to your campaign’s dashboard tab and click the norms button.
In the modal, you can see Platform Norms and Brand Maturity Norms for available KPIs measured on your campaign, alongside your campaign’s lift. Hover over the norms to see the confidence interval.
Click the download link to download an XLSX spreadsheet. In the first tab you’ll find Platform Norms and Brand Maturity Norms for available KPIs measured on your campaign, your campaign’s lift for each, and 95% confidence intervals.
In the second tab you’ll find Industry Norms for available KPIs measured on your campaign, your campaign’s lift, and 95% confidence intervals. You’ll also find the percentage of campaigns beaten within a given industry.
In the third tab you’ll find Tactic Norms for available KPIs measured on your campaign along with 95% confidence intervals for each tactic.
Which norm should I use?
Upwave provides you with different types of norms so you can contextualize the brand lift performance in ways that work for you.
When contextualizing lift for your whole campaign use Platform Norms, Brand Maturity Norms, or Industry Norms.
Platform Norms account for the most recent performance of all campaigns live during the last 30 days, enabling you to easily account for tentpole events or periods (i.e. Super Bowl or the holiday season).
Brand Maturity Norms also factor in the maturity of your brand with respect to its category. These norms reflect the empirical reality that driving lift from very low or high baselines is relatively harder to do than for brands in the middle, and that difficulty varies by brand KPI. Brand Maturity Norms help you set better expectations for incremental lift for all brands, but are especially useful for new entrants and dominant incumbents alike.
Industry Norms allow you to contextualize performance in terms of the average for an industry vertical. They can be handy when you want to account for dynamics particular to your industry not reflected in baselines. They are based on final lift estimates of campaigns, which Bayes classifies by industry.
Tactic Norms are what to use to benchmark specific tactics’ performance in the context of the broader marketplace. They allow you to maximize performance signals and potentially include competitors, providing comparison points beyond the performance of the campaigns in your own portfolio. They are based on final lift estimates for tactics classified by Bayes on campaigns.
How do I interpret norms?
When assessing brand lift for a KPI on your campaign against a norm, first compare whether it’s higher, lower, or about the same. If your lift is about equal to the norm, then you’re doing as well as the average campaign in the comparison set, correcting for the scale of your campaign using the standard error. If higher, it’s better than average; and if lower, it’s less than average.
Upwave norms include a mean and a confidence interval. In the example below, the lift for the campaign is +3.0% points, the norm for Consideration is +1.5% points, and the 95% confidence interval is +0.5% to +2.5%. This means:
The campaign’s Consideration lift is beating the average.
In 95% of cases we’d expect the actual average performance to fall between the upper and lower bounds of the interval.
Given the lift in Consideration is greater than the upper bound of the confidence interval, we are confident that the norm for this KPI is below the lift estimated for your campaign
For Industry Norms, Upwave offers a mean, confidence interval, and a % Campaigns Beaten within Industry metric. This metric provides a sense of the distribution of results, and tells you simply what proportion of campaigns in a given industry your campaign is doing better than. In the example below, the % Campaigns Beaten metric Favorability is 72%, which can be read as: your campaign performed better than 72% of hypothetical campaigns of the same size in the same industry.
What KPIs have norms?
Upwave reports norms for the following Brand KPIs for any type of norm - Platform Norms, Brand Maturity Norms, Industry Norms, Tactic Norms - when there is sufficient data:
Unaided Awareness
Aided Awareness
Ad Recall
Brand Preference
Consideration
Purchase Intent
Purchase Propensity
Familiarity
Favorability
Recommendation Intent
What industry verticals are supported in Upwave’s Industry Norms?
The following industry verticals are currently candidates for Industry Norms:
Alcohol
Automotive
B2B
Consumer Electronics
Education
Fashion & Beauty
Fast Food & QSR
Financial Services
Food & Beverages
Healthcare & Pharmaceuticals
Home & Garden
Media & Entertainment
Online Services
Other CPG
Personal Care
Pet Ownership
Political
Professional Services
Retail
Telecom Providers
Travel and Tourism
What tactics are supported in Upwave’s Channel Norms?
At launch, Media Channels are available in Tactic Norms, including Audio Streaming, CTV, Digital Display, LTV, OLV, and Podcast.
We anticipate adding additional categories of tactics in coming months, including Video Length, Creative Size, Ad Types, and others.
When are norms updated?
Platform and Brand Maturity Norms are updated on a daily basis, while Industry Norms and Tactic Norms are updated on a quarterly basis. (typically several weeks into each quarter in order to include campaigns that ended in the preceding quarter).
How much do industry norms change between updates?
Platform and Brand Maturity Norms typically show minimal variation from day to day, usually around .1% points.
In the case of Industry Norms and Tactic Norms, for most industries or tactics we would expect typical changes quarter to quarter to be less than 0.1% points. For industries measuring fewer advertising campaigns or for tactics less commonly employed and mapped, slightly larger changes on the order of 0.2% to 0.3% are possible.
How are norms calculated?
When calculating any type of norm, Upwave takes a weighted average of the most recent lift results for all campaigns included in the calculation. These weights follow a standard meta-analysis procedure that weights each estimate by the precision of the estimate (roughly proportional to the sample size of the campaign). Ultimately this procedure takes into account the accuracy of the individual lift estimates, while not giving too much weight to large campaigns.