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Only KPIs for Dashboards. About the difference between KPIs and Metrics. :) About the need for a balance between Acquisition Metrics, Behavior Metrics, and Outcome Metrics in our Scorecards to paint the full customer journey – and kill silos. Metrics are important. The Importance of Metrics. It breeds short-termism.
Second: Avinash, I listen to you. There is literally nothing in Marketing that is more important. Recent Conversation with CEO B: Me: I saw your ad at the airport the other day. I have a sense for your challenges and Marketing objectives. I’m sorry, but that ad was heartbreaking. I sense it is trying to be too clever. Me: REALLY!?
Across every layer of the company, business people get too much data. Agencies are using CPMs, or worse “Traffic” as primary KPI. I now spend most of my time practicing the art of strategy — how to have an outsized impact across the entire business (with an eye to moving Profits). CMO scorecards have impressions!
The mostimportant lesson in Marketing is also the simplest: Successful Marketing requires incredible Creative, and sufficient Media weight. This blog post is the mostimportant one you'll read because following my advice will ensure you win before you spend. Simple, no? And, 17 more layers for the Creative.
I was reading a paper by a respected industry body that started by flagging head fake KPIs. I would add other head fake KPIs to the list: Impressions. None of them are KPIs, most barely qualify to be a metric because of the profoundly questionable measurement behind them. ]. MostimportantKPI?
And why are they important to track? Instead, focus on the data that matters—the numbers that prove your effort has had a positive, bottom-line impact on the business. Instead, focus on the data that matters—the numbers that prove your effort has had a positive, bottom-line impact on the business. Ready to make an impression?
But there is an aspect of marketing that may not appear so creative at first glance, but which has huge strategic importance: marketing analytics. To shed light on this path, you need to understand what marketing analytics is, its importance, and how to apply it to your business. This is the analytical area of ??marketing
At Marketo, we have used the power of content marketing to grow our business at a rapid pace (see Marketo ranks #1 Marketing Software Vendor on the Inc 500 ). The right content strategy can make a huge impact to your business. The right content strategy can make a huge impact to your business.
Here’s a sign that you’ve arrived as an Analyst or an Analytics team: At the first sign of failure reported by the data, most people blame you (Analyst/Data). It means your analysis has identified insights that are big enough, important enough, that the recipients get instantly worried. Wear it as a badge of honor!
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