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This is where the power of business dashboards comes into play. Dashboards often are the best way to gain insight into an organization and its various departments, operations and performance. Well-built, focused dashboards easily serve up summaries and reports of the BI that’s most critical to the organization.
An extraordinary amount of time, effort, $$$ are spent on building dashboards/scorecards for CMOs… Yet, the end result, nearly always, is a useless data puke. CMOdashboards end up being useless when capabilities exceed needs. Personal Bias: I prefer the word Scorecard over Dashboard. Brand-leading 2.
You want to win big with data, with marketing, with transformative digital yada yada and blah blah, evolve. I'll say this again at the very end… As a Marketer or an Analyst, there is nothing you'll attempt that will be more complex and challenging than what you are about to read in this post. Evolution works.
The world of digital analytics seems to be insanely complicated. I led a discussion the other day with a collection of people who were brand new to the space and some who were jaded long-term residents of Camp Web Analytics. By the end of the exercise there was a lovingly simple picture, and a path to glory. Let's go!
So today a simple collection of tips that you can use to up-level your reports – to allow them to speak with a clear, and influential, voice. Here’s a blog post with more detail, and examples: In Web Analytics Context Is King Baby! Our CMODashboard is one table with six KPIs. Go Get Your Own. #2. Include them.
The universe of digital analytics is massive and can seem as complex as the cosmic universe. Even simple questions like “ How effective is our analytics strategy? elicit a complicated set of answers, instead of a simple picture the CxO can internalize. I have experienced these challenges on numerous occasions myself.
Every so often, the story is just as simple as that. You do the best you can with a marketing campaign (creative, audience, targeting, channels, media plan elements like duration, reach, frequency, media delivery quality elements like AVOC, Viewability, etc.), And, it is the analytics person/team/agency's mistake.
The result will be data-influenced actions that result in a long-term strategic advantage. Your boss is waiting for you to present results on quarterly marketing performance, and you have 75 dense slides. Your recent audit of the output of your analytics organization found that 160 analytics reports are delivered every month.
And, as if unlimited is not enough, nearly every month your analytics vendors release new features, you discover new analytics solutions, and as your business is more successful (hurray!) What guarantees that agility and innovation are present in your analytics practice? It is not even an analytics tool.
Half-way through this post, you'll seriously wonder why you've spent so much time obsessing with Adobe/Google Analytics/Chartbeat or other web analytics tool. When you are done reading the post, you'll be super mad that your marketing strategy is not more influenced by your competitor's data!
Yes, I worry that Analysts, and Marketers, are spending too much time with their head buried in custom reports and advance segments and smart calculated metrics and strategic or tactical dashboards. The higher order bit is simple. They are all things I love and have repeatedly asked you to care for.
Sites & online marketing continue to suck. If you have Web Analytics 2.0 To encourage you to do better than spend a lifetime implementing analytics tools , building data warehouses , chasing the next shiny object. They are particularly applicable in the web analytics context. Yet we stink at informing decisions.
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