Actionable Intelligence in Performance Analytics

One of the main priorities in marketing is getting to know your audience and building relationships with them. These days, that would seem to be a fairly easy task with stores of data and intent signals. But making sense of the data is not always straightforward. Sometimes there is just too much of it, and filtering out the noise to find what matters becomes a challenge. Other times, the signals are weak and it is hard to connect the dots. All the data in the world will not lead to business growth if you can not mine it successfully for insights. What that takes is smart data analysis — and the right approach and tools to carry it off.

Unify Then Measure

To succeed in today’s challenging and competitive environment, marketers must break down the silos across departments, teams, and channels to consolidate data and see a unified view of the audience. By bringing data together, businesses are better able to understand and respond to their audience needs — and that leads to growth.

How to go about it? Approach it as an iterative process. Marketing leaders are 1.6X more likely than laggards to prioritize integrating technology, and they are 1.2X more likely to be advanced users of their technology. Business leaders refresh critical marketing metrics and dashboards more frequently and prioritize integrated technology platforms to help make timely customer connections across multiple touchpoints.

Mobile Site and App

With consumers enthralled by the thrill of the hunt, research has become more important to the buying experience than ever. Searching for the best products, deals, and reviews, people switch between apps and mobile sites before making a final decision. Apps have long been viewed as the de facto platform for engaging loyal customers. But even among the most loyal of customers, apps need to earn their spot when real estate is limited and precious. Recent Google research shows that 87% of people say they can be loyal to a brand without having its app on their phone. In fact, 53% of smartphone users say they do not have their favorite brand’s app installed on their phone.

On average, a mobile shopping session contains at least six visits to an app and/or mobile site, and nearly half of those sessions include at least one transition between a mobile site and an app. This consumer behavior requires a tandem effort among app and mobile web teams as shoppers expect friction-free research experiences and seamless points of sale. Yet many organizations still silo these teams, resulting in fragmented user experiences.

Reduce Waste and Increase Sales

Nearly 90% of marketers, across all types of organizations, agree that understanding user journeys across channels and devices is critical to their success. Built-in intelligence and machine learning can bring meaningful insight to the surface more quickly, so your team can spend more time taking action. Marketers can use machine learning to inform creative messaging and serve different ads to different audiences. And using an integrated platform helps bring teams together. It provides access to insights that serve as a bridge to teams around the office and around the globe.

Ultimately, leading marketers know they have to understand the customer in the moment and focus on relevance and assistance. To do that — and to get the most out of all the data available to them today — the marketers who want to see the most growth will up their analytics game.