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Marketing Analytics

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With everything going on in the world, this might seem like a crazy time to talk about performance marketing. It’s not — this actually may be the single most important time to look at how your performance marketing is… well, performing. Times of crisis tend to bring budgets front and center, especially as key performance indicators fluctuate and priorities shift.  When the global environment turns challenging, many companies want to react by cutting marketing spend.…

How do you know if your campaigns and initiatives are working? Having the right measurement tools and being able to attribute results to activities allows you to claim victory when you’re making a positive impact, and fix problems when they arise. As you work through this section, think about how you evaluate the effectiveness of what you’re doing, and how you would like it evaluated by others. Measuring Key Performance Indicators (KPIs) Now that you’ve…

Data is everywhere. Whether it’s web traffic, buyer behavior, or social media engagement, there are numbers for everything. In the Data Never Sleeps report, DOMO estimates that 1.7MB of data will be generated for every person per second in 2020. Many popular analytics platforms help to process and understand the massive amounts of data being generated; however, not all analytics are the same. While most analytics report and assess what has already occurred, predictive analytics…

All brands want to tell relevant, engaging stories — through digital display ads, emails, social media ads, and more — that create seamless customer experiences and quickly grow revenue. However, the complicated nature of advertising and marketing online can get in the way of that, especially considering it takes 56 touchpoints for someone to convert. The reason for this is disconnected data. If you’re using multiple marketing platforms to advertise online, ensuring that all this data…

Gone are the days of a simple Google search being the only way a prospect can come across your brand. While browsing your website, your prospects are actively checking their online profiles, refreshing their emails, and checking out similar products on other websites. It’s time to take a holistic, cross-channel view of the customer journey as opposed to traditional last-touch attribution models.  So, let’s say you’re well on your way to determining which channels and…

If the marketing definition of “attribution” confuses you, you’re not alone. While you may have a basic understanding of what attribution is — assigning credit to a marketing touchpoint for a conversion — the influx of marketing channels and devices has complicated the meaning. So, what does attribution really mean? To fully understand it, let’s delve into why it matters to your business and explore how attribution has evolved from single-touch attribution. What’s Attribution? Attribution…

Companies know that brand marketing is essential — that’s why they usually allot a significant portion of their budgets to branding activities. Despite this, there’s still skepticism around placing dollars into measuring brand marketing efforts. Why? Because many people don’t think it’s possible to measure how brand marketing drives business value accurately. However, as brand marketing spend continues to rise, marketers realize that relying on “soft” metrics such as impressions and sentiment simply isn’t enough.…

Whether marketers are familiar with marketing attribution or not, they’re always thinking about it. Why? Because many businesses are focused on paid media, and the purpose of paid media is to drive business growth. But, how do you drive growth if you don’t know where to allocate your marketing dollars? In an increasingly fragmented marketing landscape, this question is more important now than ever. The answer is with multi-touch- attribution.  Let’s go over why measuring…

As a marketer, you’re probably no stranger to dipping your toes in a variety of tactics — Google display and search ads, social media marketing, affiliate marketing, the list goes on and on. The biggest challenge is knowing which avenue generates the most revenue, and which ones to get rid of. That’s where attribution comes into play. However, when you’re getting started with attribution implementation, many questions will arise. Let’s go over which analytics attribution…

Beginner’s Guide to Attribution Models It used to all be so simple. A consumer would become aware of a brand through traditional means: driving past a billboard, hearing a radio spot, or seeing a commercial. But with the democratization of the digital space, reaching consumers and marketing in and of itself has drastically changed.  Consumers now live in a world where they’re inundated with digital ads everywhere they work, live, and play online — adding…