While a new, important metric seems to be popular every week, specifics that should be tract will vary by industry, individual brand, and even campaigns. As you build your approach to social media analytics, it’s important to understand the basic metrics that every brand should keep an eye on.
Augmented Analytics: The Future of Data and Analytics
Take the Mystery Out of Website Analytics Terms
Essential Metrics to Measure Digital Marketing Efforts
Key Performance Indicators to Monitor for Social Media Success
Conversion Rate Optimization – What it is and How to go About it
Advantages of Data Driven Decision Making
While we all do a gut check every now and then, it is usually in conjunction with other information we are using to make a decision. A study by the McKinsey Global Institute reports that organizations which utilize data driven decision making are 19 times as likely to see profitable results, 23 times more likely to acquire new customers, and 6 times as likely to retain their customers.
If You Still Think KPI Involves Peeling Potatoes, This One is for You!
Going Beyond Satisfaction to Success
Metrics that Matter
Isolated data points and vague, vanity metrics don’t really tell you how your marketing campaigns are performing. Clear objectives and measurable goals are essential to understanding the performance of your marketing efforts. Because businesses need to use data insights that can influence strategy, utilizing key metrics to measure performance has become an essential part of marketing.