This report covers:
The data challenges marketers are confronting today
The business impact of a complex (and oft-misunderstood) data culture
The role of marketing intelligence software in a modern organization
How to define and use metrics like customer lifetime value
The features marketers wish their current technologies had
How to assess your own company’s data maturity
A new approach to agile, accessible marketing measurement
In partnership with IDG, our 2022 Insight Intelligent Technology™ Report examines how companies are making progress on long-term IT strategies to meet the changing, post-pandemic expectations of their businesses, their employees, and the market more broadly.
Explore We are Flint's 2018 report delving into social media usage in the UK and the US.
The 19 social media networks tested this year were Facebook, Facebook Messenger, Foursquare, Giphy, Google+, Grindr, Instagram, LinkedIn, Pinterest, Reddit, Skype, Snapchat, Tinder, Tumblr, Twitter, Vkontake, WeChat, WhatsApp, and YouTube.
PSFK's Future of Retail 2020 Report - Summary PresentationPSFK
Researchers PSFK provides the most pioneering thought leadership when it comes to innovation in retail and along the customer experience journey. PSFK's Future of Retail 2020 report provides a strategic roadmap for brands and retailers to deliver hyper-personalized service that meets the unique needs of every shopper in a post-experiential era.
This deck provides an introduction to the themes in the report plus concepts for the future of customer experience.
Full report: http://www.psfk.com/reports
About PSFK: http://www.psfk.com/membership
Concepts: http://www.weareyourstudio.com
The Boston Consulting Group, MIT Sloan Management Review, and the United Nations Global Compact joined forces to provide an inside look at how companies are dealing with sustainability issues: http://on.bcg.com/1Ci1R8l.
Across the globe, as the novel coronavirus moves us from communal spaces into the confinement of our homes, our social experiences are forced to adapt. Beyond the social networks we already know and use, we are finding new ways to integrate social into our online lives.
While marketers in across the globe look for social media as an essential part of marketing campaign, china is looking at it as the backbone of consumer engagement. The technologies used by them are dramatically different from what we have seen so far in the west
have you heard about PINDUODUO?
Its an app which started in 2015, and in the span of 5 years Pinduoduo and their social-shopping approach has poised to fully capture the offline-to-online transition in commerce. The success of Pinduoduo in China suggests there is a huge opportunity for social commerce platforms to emerge in other regions.
You know what makes it unique from all the others apps in the ecommerce sector?
Here are the slides to find out!
Credits: @siddeshkhande @shikhachowhan
#uniquebusinesses #ecommerce #socialbranding #pinduoduo #marketing #newstrategies #wechatmarketing #modernstrategies #learnerengagement #china # #engagement #opportunity
In partnership with IDG, our 2022 Insight Intelligent Technology™ Report examines how companies are making progress on long-term IT strategies to meet the changing, post-pandemic expectations of their businesses, their employees, and the market more broadly.
Explore We are Flint's 2018 report delving into social media usage in the UK and the US.
The 19 social media networks tested this year were Facebook, Facebook Messenger, Foursquare, Giphy, Google+, Grindr, Instagram, LinkedIn, Pinterest, Reddit, Skype, Snapchat, Tinder, Tumblr, Twitter, Vkontake, WeChat, WhatsApp, and YouTube.
PSFK's Future of Retail 2020 Report - Summary PresentationPSFK
Researchers PSFK provides the most pioneering thought leadership when it comes to innovation in retail and along the customer experience journey. PSFK's Future of Retail 2020 report provides a strategic roadmap for brands and retailers to deliver hyper-personalized service that meets the unique needs of every shopper in a post-experiential era.
This deck provides an introduction to the themes in the report plus concepts for the future of customer experience.
Full report: http://www.psfk.com/reports
About PSFK: http://www.psfk.com/membership
Concepts: http://www.weareyourstudio.com
The Boston Consulting Group, MIT Sloan Management Review, and the United Nations Global Compact joined forces to provide an inside look at how companies are dealing with sustainability issues: http://on.bcg.com/1Ci1R8l.
Across the globe, as the novel coronavirus moves us from communal spaces into the confinement of our homes, our social experiences are forced to adapt. Beyond the social networks we already know and use, we are finding new ways to integrate social into our online lives.
While marketers in across the globe look for social media as an essential part of marketing campaign, china is looking at it as the backbone of consumer engagement. The technologies used by them are dramatically different from what we have seen so far in the west
have you heard about PINDUODUO?
Its an app which started in 2015, and in the span of 5 years Pinduoduo and their social-shopping approach has poised to fully capture the offline-to-online transition in commerce. The success of Pinduoduo in China suggests there is a huge opportunity for social commerce platforms to emerge in other regions.
You know what makes it unique from all the others apps in the ecommerce sector?
Here are the slides to find out!
Credits: @siddeshkhande @shikhachowhan
#uniquebusinesses #ecommerce #socialbranding #pinduoduo #marketing #newstrategies #wechatmarketing #modernstrategies #learnerengagement #china # #engagement #opportunity
DENTSU - 2023 Global Ad Spend Forecasts.pdfdigitalinasia
The world is entering a period of
economic downturn.
3 Advertising is a
bellwether industry, which means that it
is at the forefront of the economy, and
we are already seeing a slowdown in the
market.
During the pandemic, governments
provided fiscal stimulus to keep their
economies going, for example, through
furlough payments to keep workers at
home, and loans and grants to keep
viable businesses ticking over while
they could not trade. This expansion of
the money supply has led to inflation -
also helped by supply chain disruption
caused by further lockdowns in China
and the situation in Ukraine - which
governments are trying to address by
raising interest rates and taxes.
This in turn has led to a slowdown in
demand for products and services from
consumers who are less able to spend
or feel less confident about future
prospects, so are less willing to invest
in big ticket items like new cars and
homes. Consumers will be looking for
ways to save money, and for this reason
many subscription-only businesses
like streaming platforms are looking
for alternative ways to monetise, for
example, through advertising.
Here's the hard truth about marketing: your customers are better at it than you. Over the past decade, marketers perfected content creation, but as a result, things got a lot more competitive for businesses and a lot more crowded for buyers. So while creating content is still your best and cheapest strategy, it should no longer be your only strategy. That's where your customers come in. Learn more.
New Era. New Opportunities.
Devastating in so many ways, it cannot be denied that the pandemic has also been deeply transformative, accelerating new ways of living, working and thinking across almost every layer of our lives. Social is no exception.
At Punch, we’ve seen explosive growth in areas like intimate live social events, tutorials, workshops and shoppable content, as brands seek to add value to their customers’ lives and form deeper, longer-lasting connections with their followers.
Where the past decade has seen us confronting the more challenging aspects of social, things like data privacy, mental health and politics, 2021 has given us plenty of exciting signals that point towards a new era of social that starts right now – Web 3.0. With new opportunities coming at brands left, right and centre, we’re about to see a deep shift, with creators and innovators taking the reins and decentralising the power held by the big blue platforms since the mid-noughties.
In this report, we naturally discuss the emerging vision of the metaverse. The metaverse represents huge opportunity for brands; for some, early adoption might prove to be a key strategic investment. But the metaverse isn’t what excites us at the moment (sorry Zuck). With revolution in the air, we want to know what the underdogs are doing: the tech dreamers, the NFT kids, the creators. As creators become more and more valued for the central role they play in making social a fun place to be, we are already seeing examples of individuals breaking away and building their own niche communities. Whether they start to take large swathes of the larger platforms’ audiences with them remains to be seen. What can brands learn from their thinking – and how can we forge better and more creative partnerships? This is the big question of 2022.
Certain trends from last year, notably s-commerce and live video, are back for another year. The challenge with video is how to leverage new tools and techniques to create video content at scale in fresh, creative and authentic ways. We’re also starting to see audiences being actively rewarded for their loyalty and engagement, with highly-creative community managers and efficient and proactive customer service teams. Web 3.0 is unfolding; a bolder, fairer and more democratic digital playground where creativity and loyalty trump all. As user numbers grow and platforms and audiences mature further, budgets are likely to shift towards a combination of acquisition AND driving loyalty and retention.
“Community” is our key buzzword for 2022. Whether you’re getting in on the ground floor of branded NFT “moments”, exploring the hotter- and-hotter world of gaming, or investing more in cinematic video, success will depend on centring your community, acting thoughtfully and, as always, creating difference with mind blowing content and standout campaigns.
INTRODUCTION ......................................................................................................... 2
Part I: THE IDEA .......................................................................................................... 4
Part II: A GREAT TEAM ............................................................................................... 8
Part III: A GREAT PRODUCT ..................................................................................... 10
Part IV: GREAT EXECUTION ..................................................................................... 13
Part IV: Execution - GROWTH ....................................................................................... 14
Part IV: Execution – FOCUS & INTENSITY ....................................................................... 18
Part IV: Execution – JOBS OF THE CEO ......................................................................... 21
Part IV: Execution – HIRING & MANAGING ................................................................. 25
Part IV: Execution – COMPETITORS............................................................................... 28
Part IV: Execution – MAKING MONEY .......................................................................... 29
Part IV: Execution – FUNDRAISING ............................................................................... 31
CLOSING THOUGHT ................................................................................................ 34
APPENDIX ................................................................................................................ 35
Appendix 1: Projects and Companies ........................................................................ 35
Appendix 2: How to hire ............................................................................................... 36
Appendix 3: Unit Economics ........................................................................................ 44
Appendix 4: Default Alive or Default Dead? .............................................................. 46
Thanks to a partnership with Jumpshot, Moz is presenting data about Google's search growth, click distribution, and more via a panel of millions of US web users.
Tips for the Food sector: To keep up with this constantly shifting consumer behavior, look for early signs by using Google Trends to see how demand for certain food products or delivery services is changing to meet people’s needs.
Tips for Travel marketers: Our APAC travel recovery itinerary revealed that people have local trips and safety in mind, so marketers should seek to provide safety information upfront and present local product offerings and fun activities.
Tips for keeping people entertained: Though some people who signed up for a new entertainment source might stay, there’s also a higher likelihood of churn when their trial period ends. If you saw an increase in people signing up for your online products and services, focus on retention to keep them coming back, especially if you offered a free trial during the pandemic.
Tips for merchants: Make sure you integrate digital payment options for your consumers. Digital payments are expected to see a continued boost post-COVID-19, and trust in e-Wallets will likely increase.
Although there is still some instability, the internet sector in SEA is set to emerge stronger than ever in a post-COVID-19 world. The digital economy remains a bright spot in a very challenging economic environment, and e-Commerce remains a key driver of growth. The biggest takeaway for brands and marketers is the need to focus on people and their changing habits online, as well as keeping up with changing trends, as we continue to understand what our new normal will look like in the future.
GAFANOMICS Season 2: 4 superpowers to outperform in the Network EconomyFabernovel
FABERNOVEL identifies 4 superpowers to outperform in the Network Economy.
FABERNOVEL released a new study analyzing the strategic practices of the GAFA companies. The study, which presents actionable lessons for legacy industries looking to reshape their strategy for the New Economy, finds that the fastest-growing superpowers in the Network Economy position themselves as Magnet, Intimate, Real Time, or Infinite Enterprises.
FABERNOVEL’s 2014 report, GAFAnomics: New Economy, New Rules detailed how Google, Apple, Facebook, and Amazon – GAFA – are driven by a common vision of a borderless market and a customer culture which redefined their notions of value creation, core business, and talent management. FABERNOVEL’s 2015 study builds upon these findings to analyze how other companies are utilizing the infrastructure built by these 4 web giants to spur their own rapid growth.
****
FABERNOVEL vous invite à découvrir dans sa nouvelle étude 4 stratégies inspirées des GAFA pour transformer votre entreprise en champion de l'économie connectée. Venez comprendre comment devenir une entreprise "Magnétique", "Instantanée", "Intime" ou "Infinie" : 4 «super-pouvoirs» économiques inspirés du modèle des GAFA.
En 2014, dans la première étude GAFAnomics®, nous nous étions attachés à analyser les facteurs clés de succès des 4 géants du web. Cette année, notre étude du modèle des GAFA nous a permis d'identifier 4 modèles de performance dans la nouvelle économie, qui permettront à nos clients de repartir avec des stratégies rapides à mettre en oeuvre pour retrouver cette compétitivité dans la nouvelle économie.
Les précédentes études annuelles de FABERNOVEL ont rencontré 10 millions de lecteurs, nous avons hâte de partager cette nouvelle publication avec vous.
McKinsey Global Institute Report - A labor market that works: Connecting tale...McKinsey & Company
This presentation offers highlights from a new report by the McKinsey Global Institute, "A labor market that works: Connecting talent with opportunity in the digital age".
From shopping to social media, online platforms have transformed major segments of the global economy. They now are about to do the same for labor markets around the world. MGI examines the stubborn disconnect between people and jobs and the potential for online talent platforms to unlock real economic value over the next decade by creating better, faster matching between workers and available work opportunities.
Read the report in full:
http://mckinsey.com/Insights/Employment_and_growth/Connecting_talent_with_opportunity_in_the_digital_age
One in three goods crosses national borders, and more than one-third of financial investments are international transactions. And in the next decade, global flows could triple, powered by rising prosperity and participation in the emerging world. In a new McKinsey Global Institute (MGI) report, "Global flows in a digital age: How trade, finance, people, and data connect the world economy," scenarios show that global flows could reach $54 trillion to $85 trillion by 2025.
This year, the team at Activate has defined the 16 most important insights for tech and media in 2020. Key topics include:
*$300 Billion Global Internet and Media Growth Dollars by 2023
*Consumer Attention: 12:40 Hours of Technology & Media Per Day
*Super Users: The Imperative for Technology & Media Companies
*Social Splinter: The Social Media World Expands
*eCommerce: Shrinking the Divide Between Physical and Digital Shopping
*Digital Marketplaces: New Inventory, Price, Transparency, Ease of Use
*Video Gaming: The Next Streaming Battlefront
*Esports: Sport of the Future
*Video: Streaming Stacking, Battleground Households
*Sports Betting: The Next Big Financial Trading Market
*Sports: More Viewing, Emerging Sports, Better Fan Experiences
*Music: The Discovery Challenge
*Podcasting: New Listening Experiences and Explosive Growth
*The Networked Body: Quantified and Connected Human
*Digital Consumer Finance: Next Generation Services Go Mainstream
*Connectivity: Enabling the Next Wave of Technology and Media Growth
On October 11th 2022 various speakers shared their expertise and vision on the future of commerce media and how to unlock these opportunities for your business. This included the rise of retail media, how to increase your visibility on the digital shelf and the future of social shopping.
DENTSU - 2023 Global Ad Spend Forecasts.pdfdigitalinasia
The world is entering a period of
economic downturn.
3 Advertising is a
bellwether industry, which means that it
is at the forefront of the economy, and
we are already seeing a slowdown in the
market.
During the pandemic, governments
provided fiscal stimulus to keep their
economies going, for example, through
furlough payments to keep workers at
home, and loans and grants to keep
viable businesses ticking over while
they could not trade. This expansion of
the money supply has led to inflation -
also helped by supply chain disruption
caused by further lockdowns in China
and the situation in Ukraine - which
governments are trying to address by
raising interest rates and taxes.
This in turn has led to a slowdown in
demand for products and services from
consumers who are less able to spend
or feel less confident about future
prospects, so are less willing to invest
in big ticket items like new cars and
homes. Consumers will be looking for
ways to save money, and for this reason
many subscription-only businesses
like streaming platforms are looking
for alternative ways to monetise, for
example, through advertising.
Here's the hard truth about marketing: your customers are better at it than you. Over the past decade, marketers perfected content creation, but as a result, things got a lot more competitive for businesses and a lot more crowded for buyers. So while creating content is still your best and cheapest strategy, it should no longer be your only strategy. That's where your customers come in. Learn more.
New Era. New Opportunities.
Devastating in so many ways, it cannot be denied that the pandemic has also been deeply transformative, accelerating new ways of living, working and thinking across almost every layer of our lives. Social is no exception.
At Punch, we’ve seen explosive growth in areas like intimate live social events, tutorials, workshops and shoppable content, as brands seek to add value to their customers’ lives and form deeper, longer-lasting connections with their followers.
Where the past decade has seen us confronting the more challenging aspects of social, things like data privacy, mental health and politics, 2021 has given us plenty of exciting signals that point towards a new era of social that starts right now – Web 3.0. With new opportunities coming at brands left, right and centre, we’re about to see a deep shift, with creators and innovators taking the reins and decentralising the power held by the big blue platforms since the mid-noughties.
In this report, we naturally discuss the emerging vision of the metaverse. The metaverse represents huge opportunity for brands; for some, early adoption might prove to be a key strategic investment. But the metaverse isn’t what excites us at the moment (sorry Zuck). With revolution in the air, we want to know what the underdogs are doing: the tech dreamers, the NFT kids, the creators. As creators become more and more valued for the central role they play in making social a fun place to be, we are already seeing examples of individuals breaking away and building their own niche communities. Whether they start to take large swathes of the larger platforms’ audiences with them remains to be seen. What can brands learn from their thinking – and how can we forge better and more creative partnerships? This is the big question of 2022.
Certain trends from last year, notably s-commerce and live video, are back for another year. The challenge with video is how to leverage new tools and techniques to create video content at scale in fresh, creative and authentic ways. We’re also starting to see audiences being actively rewarded for their loyalty and engagement, with highly-creative community managers and efficient and proactive customer service teams. Web 3.0 is unfolding; a bolder, fairer and more democratic digital playground where creativity and loyalty trump all. As user numbers grow and platforms and audiences mature further, budgets are likely to shift towards a combination of acquisition AND driving loyalty and retention.
“Community” is our key buzzword for 2022. Whether you’re getting in on the ground floor of branded NFT “moments”, exploring the hotter- and-hotter world of gaming, or investing more in cinematic video, success will depend on centring your community, acting thoughtfully and, as always, creating difference with mind blowing content and standout campaigns.
INTRODUCTION ......................................................................................................... 2
Part I: THE IDEA .......................................................................................................... 4
Part II: A GREAT TEAM ............................................................................................... 8
Part III: A GREAT PRODUCT ..................................................................................... 10
Part IV: GREAT EXECUTION ..................................................................................... 13
Part IV: Execution - GROWTH ....................................................................................... 14
Part IV: Execution – FOCUS & INTENSITY ....................................................................... 18
Part IV: Execution – JOBS OF THE CEO ......................................................................... 21
Part IV: Execution – HIRING & MANAGING ................................................................. 25
Part IV: Execution – COMPETITORS............................................................................... 28
Part IV: Execution – MAKING MONEY .......................................................................... 29
Part IV: Execution – FUNDRAISING ............................................................................... 31
CLOSING THOUGHT ................................................................................................ 34
APPENDIX ................................................................................................................ 35
Appendix 1: Projects and Companies ........................................................................ 35
Appendix 2: How to hire ............................................................................................... 36
Appendix 3: Unit Economics ........................................................................................ 44
Appendix 4: Default Alive or Default Dead? .............................................................. 46
Thanks to a partnership with Jumpshot, Moz is presenting data about Google's search growth, click distribution, and more via a panel of millions of US web users.
Tips for the Food sector: To keep up with this constantly shifting consumer behavior, look for early signs by using Google Trends to see how demand for certain food products or delivery services is changing to meet people’s needs.
Tips for Travel marketers: Our APAC travel recovery itinerary revealed that people have local trips and safety in mind, so marketers should seek to provide safety information upfront and present local product offerings and fun activities.
Tips for keeping people entertained: Though some people who signed up for a new entertainment source might stay, there’s also a higher likelihood of churn when their trial period ends. If you saw an increase in people signing up for your online products and services, focus on retention to keep them coming back, especially if you offered a free trial during the pandemic.
Tips for merchants: Make sure you integrate digital payment options for your consumers. Digital payments are expected to see a continued boost post-COVID-19, and trust in e-Wallets will likely increase.
Although there is still some instability, the internet sector in SEA is set to emerge stronger than ever in a post-COVID-19 world. The digital economy remains a bright spot in a very challenging economic environment, and e-Commerce remains a key driver of growth. The biggest takeaway for brands and marketers is the need to focus on people and their changing habits online, as well as keeping up with changing trends, as we continue to understand what our new normal will look like in the future.
GAFANOMICS Season 2: 4 superpowers to outperform in the Network EconomyFabernovel
FABERNOVEL identifies 4 superpowers to outperform in the Network Economy.
FABERNOVEL released a new study analyzing the strategic practices of the GAFA companies. The study, which presents actionable lessons for legacy industries looking to reshape their strategy for the New Economy, finds that the fastest-growing superpowers in the Network Economy position themselves as Magnet, Intimate, Real Time, or Infinite Enterprises.
FABERNOVEL’s 2014 report, GAFAnomics: New Economy, New Rules detailed how Google, Apple, Facebook, and Amazon – GAFA – are driven by a common vision of a borderless market and a customer culture which redefined their notions of value creation, core business, and talent management. FABERNOVEL’s 2015 study builds upon these findings to analyze how other companies are utilizing the infrastructure built by these 4 web giants to spur their own rapid growth.
****
FABERNOVEL vous invite à découvrir dans sa nouvelle étude 4 stratégies inspirées des GAFA pour transformer votre entreprise en champion de l'économie connectée. Venez comprendre comment devenir une entreprise "Magnétique", "Instantanée", "Intime" ou "Infinie" : 4 «super-pouvoirs» économiques inspirés du modèle des GAFA.
En 2014, dans la première étude GAFAnomics®, nous nous étions attachés à analyser les facteurs clés de succès des 4 géants du web. Cette année, notre étude du modèle des GAFA nous a permis d'identifier 4 modèles de performance dans la nouvelle économie, qui permettront à nos clients de repartir avec des stratégies rapides à mettre en oeuvre pour retrouver cette compétitivité dans la nouvelle économie.
Les précédentes études annuelles de FABERNOVEL ont rencontré 10 millions de lecteurs, nous avons hâte de partager cette nouvelle publication avec vous.
McKinsey Global Institute Report - A labor market that works: Connecting tale...McKinsey & Company
This presentation offers highlights from a new report by the McKinsey Global Institute, "A labor market that works: Connecting talent with opportunity in the digital age".
From shopping to social media, online platforms have transformed major segments of the global economy. They now are about to do the same for labor markets around the world. MGI examines the stubborn disconnect between people and jobs and the potential for online talent platforms to unlock real economic value over the next decade by creating better, faster matching between workers and available work opportunities.
Read the report in full:
http://mckinsey.com/Insights/Employment_and_growth/Connecting_talent_with_opportunity_in_the_digital_age
One in three goods crosses national borders, and more than one-third of financial investments are international transactions. And in the next decade, global flows could triple, powered by rising prosperity and participation in the emerging world. In a new McKinsey Global Institute (MGI) report, "Global flows in a digital age: How trade, finance, people, and data connect the world economy," scenarios show that global flows could reach $54 trillion to $85 trillion by 2025.
This year, the team at Activate has defined the 16 most important insights for tech and media in 2020. Key topics include:
*$300 Billion Global Internet and Media Growth Dollars by 2023
*Consumer Attention: 12:40 Hours of Technology & Media Per Day
*Super Users: The Imperative for Technology & Media Companies
*Social Splinter: The Social Media World Expands
*eCommerce: Shrinking the Divide Between Physical and Digital Shopping
*Digital Marketplaces: New Inventory, Price, Transparency, Ease of Use
*Video Gaming: The Next Streaming Battlefront
*Esports: Sport of the Future
*Video: Streaming Stacking, Battleground Households
*Sports Betting: The Next Big Financial Trading Market
*Sports: More Viewing, Emerging Sports, Better Fan Experiences
*Music: The Discovery Challenge
*Podcasting: New Listening Experiences and Explosive Growth
*The Networked Body: Quantified and Connected Human
*Digital Consumer Finance: Next Generation Services Go Mainstream
*Connectivity: Enabling the Next Wave of Technology and Media Growth
On October 11th 2022 various speakers shared their expertise and vision on the future of commerce media and how to unlock these opportunities for your business. This included the rise of retail media, how to increase your visibility on the digital shelf and the future of social shopping.
The purpose of this whitepaper is to enable businesses to leverage data and insights to increase efficiency, provide seamless experiences, build a data-driven culture, empower automation, data utilization at scale and use programmatic advertising to laser target relevant audience. Incorporating winning strategies, this research paper will allow you to better organize, analyze and apply data in every operation.
The enterprise marketer's playbook: Building an integrated data strategy.
An integrated data strategy can help any business see customer journeys more clearly ― and then give customers more relevant ads and experiences that get results. So why doesn't everyone have such a strategy? We look at what sets the marketing leaders apart.
Let marketing data be your guide
If you've ever felt too swamped by data to find the customer insights you need, you're not alone. But there's a new and better approach to gaining deeper audience insights: building an integrated data strategy.
Read this report to learn how:
86% of senior executives agree that eliminating organizational silos is critical to expanding the use of data and analytics in decision-making.
75% of marketers agree that lack of education and training on data and analytics is the biggest barrier to more business decisions being made based on data insights.
Leading marketers are 59% more likely to use digital analytics to optimize the user experience in real time.
Technology has come to play a crucial role in delivering marketing programs and helping with meeting your marketing objectives. In a space filled with over a 1,000 marketing tech companies providing all kinds of products, platforms & services how do you decide which tools and platforms to invest in?
We polled and received responses from 260 B2B marketers in the United States and internationally. The special report that follows gives you a snapshot of how B2B marketers such as yourself are placing their bets on technology.
Adweek 2019 Data-Driven Marketing at the CrossroadsMark Osborne
Survey of over 300 Marketing Leaders for trends and insights on data-driven marketing, includes trends in technology investment, challenges to implementation of data-driven marketing strategies, prioritization of objectives, challenges with improving the customer experience, impacts of privacy and compliance and forward looking predictions
The ultimate guide to the new buyers journeyMarketBridge
At MarketBridge we have the privilege of working with hundreds of marketing and sales leaders every month. In those discussions one thing is abundantly clear: the customer buying journey is rapidly changing and organizations are struggling to keep up.
These dramatic shifts in buying behavior are well documented; independent research by Gartner and Forrester suggests that by 2020,
ClickZ has launched an innovative new series of buyers guides, created with the aim of cutting through the complexity of the technology landscape to help our community of readers make better decisions about vendors. The first of this series is dedicated to bid management platforms, which help brands maximize the returns on their PPC, social media, and display advertising budgets.
The role of a bid management platform has changed significantly over the past decade, in line with the increased sophistication of the digital media industry. With over $90 billion spent on paid search in 2017, these software packages play a vital role in deriving maximum value from a brand’s digital media budget.
The core component of the ClickZ bid management vendor guide is our customer survey, which received over 1,600 responses.
How An AI-Powered Trade Promotion Optimization Software Can Improve Consumer ...Gina Shaw
Artificial Intelligence (AI) will happen in both TPx and Retail Execution sooner than you probably think – Promotion Optimization Institute
According to Nielsen Holdings, 40% of Consumer Goods trade promotion spending doesn’t drive the desired results. Even though the trade promotions spend take up a lion’s share of the organizational revenue, traditionally manufacturers have always struggled in optimizing their promotion mix for the maximum bang for the buck.
With the advancements in AI technologies, it is now possible to powerfully harness data and run high-yield trade promotions.
What You Can Expect From The eBook?
1. Key Trade Promotion Optimization (TPO) challenges faced today
2. What is AI in the context of TPO?
3. How AI helps run profitable trade promotions?
4. What an AI-Powered analysis looks like?
5. Case-studies
6. How you can get started right away!
Emeritus Insights Live - AI & Business Strategy - 20th Apr 2023.pdfClark Boyd
What You Will Learn –
Understand the current landscape of AI in business and why now is the opportune moment to integrate AI into your organization.
Delve into the pros and cons of generative AI, exploring its potential benefits and drawbacks in various business applications.
Gain insights into real-life examples and case studies of businesses that have successfully integrated AI into their strategies, and learn from their experiences and outcomes.
Acquire the knowledge and tools necessary to analyze your company's readiness and potential for AI integration, taking into account your unique business context and objectives.
Explore future trends and developments in AI technology.
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
Everyone is in agreement that ChatGPT (and other generative AI tools) will shape the future of work. Yet there is little consensus on exactly how, when, and to what extent this technology will change our world.
Businesses that extract maximum value from ChatGPT will use it as a collaborative tool for everything from brainstorming to technical maintenance.
For individuals, now is the time to pinpoint the skills the future professional will need to thrive in the AI age.
Check out this presentation to understand what ChatGPT is, how it will shape the future of work, and how you can prepare to take advantage.
Clark Boyd - Neil Patel Traffic & Growth VIRTUAL SUMMIT - July 26-27, 2022Clark Boyd
Check out Clark Boyd's presentation from the 2022 Neil Patel Traffic & Growth Summit.
Technology is allowing people to express the full complexity of their decision-making process.
Consumers chang devices and they change their minds.
How can we use a framework to model this complexity, in a useful way? And what role does search marketing play?
The presentation covers:
The role of search marketing in the customer journey
Frameworks for understanding the new customer journey
How Search interacts with Social Media to deliver omnichannel marketing campaigns
EI + AI: Combining superpowers for even better results
How you can develop your skills to prepare for the future of search
Omnichannel Marketing: A Straight Talking GuideClark Boyd
Omnichannel marketing is an increasingly popular topic in digital marketing today.
And it is easy to see why: Customers expect to reach brands across different channels, both online and offline, and receive a consistent experience. An omnichannel strategy makes a brand fit-for-purpose for today's world, ready to delight customers.
The topic is still poorly understood, however. In this presentation, we will pin down the definition of omnichannel marketing before working through a blueprint that any brand can put into practice.
Unichannel, multichannel, omnichannel: What are the key differences?
Omnichannel and the customer journey
The 5 key components of an omnichannel strategy
Customer data
Technology
Partners
User experience
Measurement
How to create an omnichannel blueprint for your company
Data Visualization: A Marketing Superpower - Clark BoydClark Boyd
Digital marketers have plenty of data. Understanding and communicating all that data is the real challenge.
Marketers that master data visualization will be highly valuable in future. This presentation walks you through the best practices and a 4-step process for simpler, more effective data visualizations.
American Marketing Assocation 2021 Marketing Week - Clark Boyd KeynoteClark Boyd
The digital marketing world is changing so quickly that it can be difficult to keep up. But if we focus on the macro-level forces that are shaping the industry, we are much better prepared for the technological and economic disruptions that come our way.
In this keynote speech, Clark Boyd starts with the broader forces at play, then sets three key digital marketing trends against this backdrop.
Discovery-Driven Digital Transformation - clark boyd 2021Clark Boyd
Digital transformation is amorphous for most of us. Is it about technology? Culture? Business models? New skills?
In reality, digital transformation will mean something different to every business. But that means a lot of important details slip through the cracks.
This presentation aims to add some shape to the digital transformation process with the discovery-driven methodology proposed by Rita McGrath at Columbia University Business School.
Digitalise your SME business: Digital marketing for the Covid/post-Covid eraClark Boyd
SMEs contribute a huge amount to overall GDP in the European Union. Although 2020 has brought challenges, it has also brought opportunities for these businesses to accelerate digital transformation for 2021. Consumers will continue to buy products and services from small and medium-sized enterprises, but their behaviours and demands have changed and SMEs must adapt.
This workshop will discuss the impact of Covid on e-commerce, before providing digital marketing tips for small business in search and social media.
Visual Search - Digital Marketing Institute, June 2020 - Clark BoydClark Boyd
Pinterest, Google, Facebook, and Amazon are all investing heavily in visual search technology.
In future, we will have a virtual wardrobe and these huge companies can act as our personal, AI stylists.
For now, consumers are getting used to shopping with visual search.
In this presentation, we'll cover:
- What is visual search?
- Why does visual search matter?
- How are people using visual search today?
- How can marketers start to engage their audience through images?
- Looking ahead: What Google, Facebook, and Amazon visual search will look like in future.
The social media landscape is all-encompassing today. We view our lives through a lens and these social networks decide what we see.
TikTok, Instagram, YouTube, and many others vie for our precious attention. What are we to make of this?
This presentation covers:
- Why we use social media.
- The established Western platforms: Facebook, Instagram, YouTube, Pinterest, Twitter.
- The rising challengers: TikTok, Byte.
- Changing engagements: What does success look like?
- 4 predictions for the future.
Google looks a lot more colourful these days. In fact, it is starting to look a lot like Pinterest.
How does this affect our search journeys? And what does that mean for the SEO industry?
Let's take a look.
Google Discovery Ads allow brands to reach their audience across YouTube, Gmail, and Discover with mobile-friendly, visual content.
This extends the reach of Google Ads into the 'inspiration' phase of the consumer journey that Facebook and other social networks dominate.
But how do Google Discovery Ads work? This short, snappy guide will get you up to speed.
What is it that makes people trust social media influencers?
Why are we persuaded to buy products by people we don't know?
The essence of influence is hard to pin down, but it is important if we want to understand how modern social media operates.
Predictive Analytics: How it Can Revolutionize Retail Marketing StrategyClark Boyd
Predictive analytics is at the core of machine learning applications in the retail industry. By using historical data, retailers can calculate lifetime value, optimize inventory, and even identify new product opportunities.
This presentation looks at how predictive analytics can be applied, using the example of Nike.
Cities have become an essential component of the human experience. As such, it is no surprise that so many architects have tried their hand at designing the ideal urban environment.
This presentation looks at 15 future cities that never happened. Nonetheless, we can still appreciate the imagination behind them.
What Is Machine Learning? And, How Can I Use It For Digital Marketing?Clark Boyd
Machine learning is a subset of artificial intelligence that can learn from vast data sets, make accurate predictions, and even take decisions. That makes it a hugely powerful tool for digital marketing, along with other area of technology. In particular, machine learning can deliver better performance through remarketing.
This presentation covers:
- What is machine learning?
- How can machine learning deliver better marketing results?
- What is remarketing?
- How do machine learning and remarketing work together?
Columbia Business School Webinar - Marketing in the Age of AssistanceClark Boyd
Google, Amazon, Apple, Facebook, Microsoft, and many others, are all vying to be our digital assistant of choice.
This webinar (for Columbia Business School and Emeritus Institute of Management) presentation seeks to answer the following questions:
- Why are digital assistants such a big business priority for the world's biggest technology companies?
- Who uses this technology today, and what for?
- What are the challenges for this industry?
- How can companies use digital assistants to connect with their audience?
- What's next for Google and Amazon?
Digital Marketing Institute Webinar - Voice Search - April 25 2019 Clark Boyd
There has been a lot of hype about voice search, but this can distract brands from the real opportunities that this new technology provides.
As people talk to their devices in increasing numbers, brands need to listen and they need to respond effectively. Simply producing another FAQ page will not be sufficient as consumer expectations continue to rise.
This webinar will cover the following topics:
- Current voice search trends.
- Voice search myths.
- Tactics to increase voice search traffic today.
- How to prepare for the future of voice search..
InOrbit 2019 - The Global Role of Voice Search - Clark BoydClark Boyd
We hear a lot of hype about voice search, but how is it really changing the way consumers and brands interact? Is it creating new behaviors, or merely facilitating existing ones through a new medium?
This session will aim to go beyond the hype to look at the role voice search plays in different territories, with a clear view on what brands can do differently to achieve better results.
The session includes a brief history of the evolution of search before diving into the roles technology, content, and links play in developing a powerful SEO strategy in a world of Generative AI and social search. Discover how to optimize for TikTok searches, Google's Gemini, and Search Generative Experience while developing a powerful arsenal of tools and templates to help maximize the effectiveness of your SEO initiatives.
Key Takeaways:
Understand how search engines work
Be able to find out where your users search
Know what is required for each discipline of SEO
Feel confident creating an SEO Plan
Confidently measure SEO performance
SMM Cheap - No. 1 SMM panel in the worldsmmpanel567
Boost your social media marketing with our SMM Panel services offering SMM Cheap services! Get cost-effective services for your business and increase followers, likes, and engagement across all social media platforms. Get affordable services perfect for businesses and influencers looking to increase their social proof. See how cheap SMM strategies can help improve your social media presence and be a pro at the social media game.
Most small businesses struggle to see marketing results. In this session, we will eliminate any confusion about what to do next, solving your marketing problems so your business can thrive. You’ll learn how to create a foundational marketing OS (operating system) based on neuroscience and backed by real-world results. You’ll be taught how to develop deep customer connections, and how to have your CRM dynamically segment and sell at any stage in the customer’s journey. By the end of the session, you’ll remove confusion and chaos and replace it with clarity and confidence for long-term marketing success.
Key Takeaways:
• Uncover the power of a foundational marketing system that dynamically communicates with prospects and customers on autopilot.
• Harness neuroscience and Tribal Alignment to transform your communication strategies, turning potential clients into fans and those fans into loyal customers.
• Discover the art of automated segmentation, pinpointing your most lucrative customers and identifying the optimal moments for successful conversions.
• Streamline your business with a content production plan that eliminates guesswork, wasted time, and money.
Everyone knows the power of stories, but when asked to come up with them, we struggle. Either we second guess ourselves as to the story's relevance, or we just come up blank and can't think of any. Unlocking Everyday Narratives: The Power of Storytelling in Marketing will teach you how to recognize stories in the moment and to recall forgotten moments that your audience needs to hear.
Key Takeaways:
Understand Why Personal Stories Connect Better
How To Remember Forgotten Stories
How To Use Customer Experiences As Stories For Your Brand
Financial curveballs sent many American families reeling in 2023. Household budgets were squeezed by rising interest rates, surging prices on everyday goods, and a stagnating housing market. Consumers were feeling strapped. That sentiment, however, appears to be waning. The question is, to what extent?
To take the pulse of consumers’ feelings about their financial well-being ahead of a highly anticipated election, ThinkNow conducted a nationally representative quantitative survey. The survey highlights consumers’ hopes and anxieties as we move into 2024. Let's unpack the key findings to gain insights about where we stand.
First Things First: Building and Effective Marketing Strategy
Too many companies (and marketers) jump straight into activation planning without formalizing a marketing strategy. It may seem tedious, but analyzing the mindset of your targeted audiences and identifying the messaging points most likely to resonate with them is time well spent. That process is also a great opportunity for marketers to collaborate with sales leaders and account managers on a galvanized go-to-market approach. I’ll walk you through the methods and tools we use with our clients to ensure campaign success.
Key Takeaways:
-Recognize the critical role of strategy in marketing
-Learn our approach for building an actionable, effective marketing strategy
-Receive templates and guides for developing a marketing strategy
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
Key Takeaways:
Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
In this presentation, Danny Leibrandt explains the impact of AI on SEO and what Google has been doing about it. Learn how to take your SEO game to the next level and win over Google with his new strategy anyone can use. Get actionable steps to rank your name, your business, and your clients on Google - the right way.
Key Takeaways:
1. Real content is king
2. Find ways to show EEAT
3. Repurpose across all platforms
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Valters Lauzums
E-commerce in 2024 is characterized by a dynamic blend of opportunities and significant challenges. Supply chain disruptions and inventory shortages are critical issues, leading to increased shipping delays and rising costs, which impact timely delivery and squeeze profit margins. Efficient logistics management is essential, yet it is often hampered by these external factors. Payment processing, while needing to ensure security and user convenience, grapples with preventing fraud and integrating diverse payment methods, adding another layer of complexity. Furthermore, fulfillment operations require a streamlined approach to handle volume spikes and maintain accuracy in order picking, packing, and shipping, all while meeting customers' heightened expectations for faster delivery times.
Amid these operational challenges, customer data has emerged as an important strategy. By focusing on personalization and enhancing customer experience from historical behavior, businesses can deliver improved website and brand experienced, better product recommendations, optimal promotions, and content to meet individual preferences. Better data analytics can also help in effectively creating marketing campaigns, improving customer retention, and driving product development and inventory management.
Innovative formats such as social commerce and live shopping are beginning to impact the digital commerce landscape, offering new ways to engage with customers and drive sales, and may provide opportunity for brands that have been priced out or seen a downturn with post-pandemic shopping behavior. Social commerce integrates shopping experiences directly into social media platforms, tapping into the massive user bases of these networks to increase reach and engagement. Live shopping, on the other hand, combines entertainment and real-time interaction, providing a dynamic platform for showcasing products and encouraging immediate purchases. These innovations not only enhance customer engagement but also provide valuable data for businesses to refine their strategies and deliver superior shopping experiences.
The e-commerce sector is evolving rapidly, and businesses that effectively manage operational challenges and implement innovative strategies are best positioned for long-term success.
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysSearch Engine Journal
Digital platforms are constantly multiplying, and with that, user engagement is becoming more intricate and fragmented.
So how do you effectively navigate distributing and tailoring your content across these various touchpoints?
Watch this webinar as we dive into the evolving landscape of content strategy tailored for today's fragmented user journeys. Understanding how to deliver your content to your users is more crucial than ever, and we’ll provide actionable tips for navigating these intricate challenges.
You’ll learn:
- How today’s users engage with content across various channels and devices.
- The latest methodologies for identifying and addressing content gaps to keep your content strategy proactive and relevant.
- What digital shelf space is and how your content strategy needs to pivot.
With Wayne Cichanski, we’ll explore innovative strategies to map out and meet the diverse needs of your audience, ensuring every piece of content resonates and connects, regardless of where or how it is consumed.
How to Use AI to Write a High-Quality Article that Ranksminatamang0021
In the world of content creation, many AI bloggers have drifted away from their original vision, resulting in low-quality articles that search engines overlook. Don't let that happen to you! Join us to discover how to leverage AI tools effectively to craft high-quality content that not only captures your audience's attention but also ranks well on search engines.
Disclaimer: Some of the prompts mentioned here are the examples of Matt Diggity. Please use it as reference and make your own custom prompts.
In this presentation, Danny Leibrandt explains the impact of AI on SEO and what Google has been doing about it. Learn how to take your SEO game to the next level and win over Google with his new strategy anyone can use. Get actionable steps to rank your name, your business, and your clients on Google - the right way.
Key Takeaways:
1. Real content is king
2. Find ways to show EEAT
3. Repurpose across all platforms
Videos are more engaging, more memorable, and more popular than any other type of content out there. That’s why it’s estimated that 82% of consumer traffic will come from videos by 2025.
And with videos evolving from landscape to portrait and experts promoting shorter clips, one thing remains constant – our brains LOVE videos.
So is there science behind what makes people absolutely irresistible on camera?
The answer: definitely yes.
In this jam-packed session with Stephanie Garcia, you’ll get your hands on a steal-worthy guide that uncovers the art and science to being irresistible on camera. From body language to words that convert, she’ll show you how to captivate on command so that viewers are excited and ready to take action.
When most people in the industry talk about online or digital reputation management, what they're really saying is Google search and PPC. And it's usually reactive, left dealing with the aftermath of negative information published somewhere online. That's outdated. It leaves executives, organizations and other high-profile individuals at a high risk of a digital reputation attack that spans channels and tactics. But the tools needed to safeguard against an attack are more cybersecurity-oriented than most marketing and communications professionals can manage. Business leaders Leaders grasp the importance; 83% of executives place reputation in their top five areas of risk, yet only 23% are confident in their ability to address it. To succeed in 2024 and beyond, you need to turn online reputation on its axis and think like an attacker.
Key Takeaways:
- New framework for examining and safeguarding an online reputation
- Tools and techniques to keep you a step ahead
- Practical examples that demonstrate when to act, how to act and how to recover
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CROVWO
In today’s era of AI, personalization is more than just a trend—it’s a fundamental strategy that unlocks numerous opportunities.
When done effectively, personalization builds trust, loyalty, and satisfaction among your users—key factors for business success. However, relying solely on AI capabilities isn’t enough. You need to anchor your approach in solid principles, understand your users’ context, and master the art of persuasion.
Join us as Sarjak Patel and Naitry Saggu from 3rd Eye Consulting unveil a transformative framework. This approach seamlessly integrates your unique context, consumer insights, and conversion goals, paving the way for unparalleled success in personalization.
4. 1 2
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
More data is created
now than ever before as
consumers interact with
brands in increasingly
complex ways across a
range of interconnected
devices.
With each new interaction
between a consumer and
a website, app, or mobile
payment system, a new
data point is added to the
collective stock.
If businesses can turn this
data into knowledge about
their audience, they can
deliver highly personalized
experiences that exceed
expectations.
On the other hand, data
without an effective strategy
is meaningless.
In an attempt to seize
the unprecedented data
opportunity before them,
businesses have invested
heavily in a variety of
marketing technology
Executive
summary
(martech) software packages.
Forrester projects1
that
investment in martech will
top $122 billion per year by
2022 in the US alone.
However, these tools can
ultimately add to the complex
data challenge brands already
face, rather than reducing
their workload. A tool is only
as useful as its application,
after all.
Furthermore, broader
market trends will continue
to shape the relationship
between brands and
consumers. Developments
such as the launch of the
General Data Protection
Regulation (GDPR) in
the European Union, and
the announcement of the
California Consumer Privacy
Act (due to launch on January
1, 2020), point to a future
where access to data must
be earned rather than simply
bought.
Concurrently, the impatient
modern consumer prefers
a dynamic, personalized
experience when they
interact with brands online.
Google reports a 60%
growth2
in searches for “__ for
me” in the last two years. A
one-size-fits-all approach to
marketing will not cut it with
such a demanding public.
Of course, without access to
reliable data, brands cannot
create and deliver these
experiences.
There is a paradox here, but
it is one that businesses can
resolve. That starts by taking
control of their current
data and deriving accurate,
accessible insights about
their audience.
In partnership with Fospha,
ClickZ presents The state
of marketing measurement,
attribution and data
management a report based
on a survey of 370 marketing
professionals.
This report finds that many
marketers are overwhelmed
by the sheer complexity of
the martech ecosystem, and
at times even by their own
organization’s martech stack.
First, we will look at how
companies -- specifically
brands and marketing
agencies -- are managing
their data to get a better view
of their current and potential
customers. Next, we analyze
how they are operationalizing
this data to generate
insights across marketing
measurement and attribution
to drive business value.
Within this report, we will
dive into the sometimes
murky waters of data
attribution, measurement,
and management in the hopes
of providing clear solutions
for marketers moving
forward.
Gone are the days of gushing
money into software that
creates more questions than
it answers.
We hope this report will paint
a clear picture of data-driven
attribution and lead a puzzled
marketer toward effective
solutions.
Clark Boyd,
Author of The state of marketing
measurement, attribution and data
management
No matter their level
of data maturity,
any brand can draw
a line in the sand,
take stock of where
they are today, and
start making more
profitable, data-
driven decisions.
1
https://www.forrester.com/report/The+US+Marketing+Technology
+And+Services+Outlook+2017+To+2022/-/E-RES137651
2
https://www.thinkwithgoogle.com/advertising-channels/
search/search-strategy/
5. 3 4
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
Scope and
methodology
The core purpose of this report is
to uncover the challenges brands
face today in taking control of
their own data to make better
marketing decisions.
Next, the report aims to provide clear
recommendations to help businesses
develop their level of data maturity
through technology, data, and the right
personnel.
The fulcrum of the report is a survey of
370 marketing professionals, undertaken
in September 2018.
Respondents to the survey were split
between brand/client-side marketers
(63%) and marketing agency professionals
(37%).
The survey was comprised of 30 questions,
covering respondents’ current technology
solutions and the challenges they believe
the digital marketing industry currently
faces.
These questions were used to collect
quantitative data on a range of marketing
measurement technologies. Qualitative
data was added through a variety of open
questions throughout the survey.
These findings have been supplemented by
interviews with Fospha.
6. 5 6
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
Businesses are using 7 separate technologies to extract
insights from their data, on average.
Over one third (34%) of survey respondents believe that
their company analyzes less than 20% of all consumer data
available to them.
Just 33% of brands believe that their current measurement
solutions perform accurate attribution of all media and data.
Only 32.5% of businesses have a clear view of the customer
lifetime value (CLV) of their customers.
43% are “likely” or “very likely” to invest in a new marketing
measurement technology in the next 12 months.
The most important feature of a marketing measurement
technology for brands is “quick access to actionable insights.”
29% of survey respondents use attribution technology on all
digital marketing campaigns.
A very small minority (just 9%) of marketers believe their
organization has an “excellent” understanding of multi-touch
attribution.
Key
findings
7. 7 8
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
Fospha has a long
history of helping
marketers unlock
insights from their data.
We often ask ourselves why,
in a heavily congested space
of ad platforms and martech
giants, anyone else has a right
to play in the space.
Two main themes validate
why:
1. The Pain: The rate of
evolution in the market is
incredible, but, with every
new ad platform, tool and
device added to a business,
new silos are created making
it almost impossible to
make sense of your data.
The irony here is that with
each new technology, you
are often adding a new
set of data points to help
optimize performance and
Foreword
from Fospha
understand your customers
better. But, this data is often
trapped or hidden in the
silo and not surfaced to be
operationalized.
2. The Opportunity: For the
first time, we’re observing
that the realities of what
can be done with machine
learning and AI are matching
expectations. It wasn’t long
ago that the compute cost to
run data-driven multi-touch
attribution models made it
not worth the ROI.
Now, however, we’re able
to measure the impact the
precise contribution of
the weather on marketing
performance, rank customers
based on their individual ROI
and likelihood to convert and
integrate the data with the ad
platforms to turn insights into
action at scale.
Data science is offering
marketers the chance to
move faster, build IP around
how they engage their
audiences and develop real
competitive advantage.
However, the absolute
requirement for any of this
is a foundation of joined
up customer data all in one
place.
We believe this is still the
perfect place to ‘start small
and grow” on the journey to
embracing data science to
drive LTV at scale. This will
unlock the data from silos
for a joined up view of what’s
working across the marketing
mix… and then using the
data as the foundation
for changing the way you
not only assign budget to
channels but also the way you
treat your customer, define
your content and creative
strategy.
This document, surveying a
broad range of marketers, is
a fascinating report on the
biggest challenges marketers
have today on this journey
and we are excited to share it
with you.
About Fospha
Fospha delivers marketing
effectiveness and drives ROI
through agile and affordable
multi touch attribution,
audience, and brand
solutions. We build customer
data platforms and use AI and
data science to organize data,
unlock insights, and integrate
them with the marketing
technologies that matter.
We partner with clients to
deliver better experiences for
their customers and better
outcomes for their business.
Get in touch with Fospha:
Fay Miller,
Marketing Director, Fospha
Website: www.fospha.com
Email: fay.miller@fospha.com
8. 9 10
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
The data
challenge for
brands today
It is estimated that 2.5 quintillion
bytes of data are created every
single day3
, which is impressive in
its scale but only meaningful if it
has a useful application in the real
world.
Theoretically, this creates a digital
ecosystem where everything becomes
measurable.
From the impact of brand advertising
on digital performance through to the
effectiveness of display advertising
impressions, objectives such as planning,
forecasting, and reporting can be achieved
with pinpoint accuracy if businesses are
able to capture and use relevant data.
In the process, brands can learn a
significant amount about their audience,
all of which feeds into better, more
profitable business decisions and customer
engagements.
Many brands are already aware of the
potential contained within their data, but
for too long that potential has remained
untapped.
In fact, 33% of respondents to the ClickZ
advertiser survey undertaken for this
report cite “data complexity” as their
biggest challenge today.
3
https://www.forbes.com/sites/bernardmarr/2018/05/21/how-much-data-do-we-
create-every-day-the-mind-blowing-stats-everyone-should-read/#71ec1e660ba9
9. 11 12
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
Moreover, while 51% of
responding brands say they
use a specific technology to
extract insights from their
data, 64% of brands cite
that less than 40% of their
consumer data is processed
and analyzed to inform
marketing decisions.
A very sizeable 34% of
respondents believe they
extract insights from less
than 20% of the consumer
data available to them.
Figure 1. How much of your
company’s consumer data
do you believe is processed
and analyzed, with the aim
of improving marketing
performance?
With only 11% of brands
believing that they process
and analyze 80% or more of
their consumer data, there
is clearly ample room for
improvement.
Fortunately, recent
developments in data science
and artificial intelligence (AI)
mean we are now at a point
where accessible, actionable
insights are within the grasp
of any business.
Getting there means taking
stock of where we are
today, drawing a line in the
sand, and working toward
a more mature, informed
approach to data, powered by
technology that cuts through
the complexity.
The rewards for those
who achieve this goal are
unprecedented in their
scale and, at last, they are a
realistic aim.
Barriers to effective data
usage
Brands need access to and
understanding of their own
data across all platforms.
This will allow them to
have a transparent view of
their audience’s behavior,
creating a mutually beneficial
relationship between brand
and consumer.
There is a multitude of
technologies out there that
aim to do precisely this and
they come with multiple
names such as analytics,
attribution, intelligence,
activation, loyalty, and
insights platforms.
For reference, in this report
we categorize this group of
technologies as ‘Marketing
Intelligence’ and will specify
any sub-categories within this
area as applicable.
Undoubtedly, there is a
widespread understanding
of how crucial martech is to a
modern business.
The Deloitte CMO Survey
20184
reported that
marketing analytics spend
will increase by over 200%
within the next three years.
It also noted, “While
marketing analytics is on
the rise, a lack of trained
professionals as well as tools/
processes to measure the
impact of marketing analytics
are the biggest obstacles
to marketing leaders using
marketing analytics within
companies.”
This certainly tallies with
findings from the ClickZ
survey. In particular, the fact
that increased investment in
technology does not always
mean better access to data-
driven insights is one that
permeates this report.
Brands identify numerous
barriers between them
and effective use of data,
from ‘data complexity’ and
‘difficulty proving the ROI of
attribution’ to simply a lack of
budget, time, or skills.
As is shown below in figure
2, there is an interconnected
set of reasons why brands
are struggling to unlock the
power of their data today.
Figure 2. What are the
biggest obstacles to more
effective usage of marketing
intelligence technology at
your organization? (Select up
to three.)
35%
20%
10%
0%
0%-20% 21%-40% 41%-60%
5%
15%
25%
30%
61%-80% 81%-100%
Percent
Amount of data processed and analyzed for marketing
A very sizeable
34% of
respondents
believe they
extract insights
from less than
20% of the
consumer data
available to
them.
40%
0%
20%
Datacomplexity
Lackofbudget
Concernthatwewon'tusethe
insightstomakerealchanges
Internalpolitics
Lackoftime
Limitationsof
existingtechnologies
Lackofknowledge/skills
Lackofmeasurement
culturewithinthebusiness
Don’ttrustthedata
30%
10%
4
https://cmo.deloitte.com/xc/en/pages/articles/the-
cmo-survey-fall-2018-report.html#CMOSurveyFall
10. 13 14
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
Navigating the martech
ecosystem
These survey results confirm
what we already know:
navigating the martech
ecosystem is an increasingly
challenging pursuit.
In this data-driven age,
brands are finding it difficult
to make the right decisions
with the vast array of
attribution technologies and
tools available, so much so
that some brands seem to
freeze under the pressure of
deciding what to do. After all,
the martech ‘5000’ has long
since outgrown its moniker --
this year’s total rose to a very
lofty 6,8295
.
A further 29% use this
technology on all campaigns
today, 31% use it on just
some campaigns, and 8% have
the technology set up but do
not look at the results.
Figure 3. Do you use
marketing attribution on
your digital advertising
campaigns?
This survey finds that most
companies do have marketing
attribution set up (63% of
respondents use Google
attribution products), but this
is of course just a first step on
the road to data maturity.
These challenges all broadly
relate to the core theme
that an abundance of data
and marketing technology
solutions can create
complexity, rather than
simplicity.
Furthermore, there
are obstacles within
organizations, such as
‘internal politics,’ that can
stand in the way of progress
in this field. As such, there is
more to this situation than
the purely technological and
mathematical questions that
typically take the headlines.
It is also clear that businesses
are unsure of the role
marketing intelligence
software should play, or
even what they should call
this technology. That lack of
definition is a hindrance to
progress, as it makes it almost
impossible to prove the
effectiveness of a solution if a
company does not even know
which question it is trying to
answer.
In summary, without the right
technology in place -- and
the processes, people, and
skills to make optimal use
of it -- brands will continue
to struggle with these
challenges.
The aim is not only to
attribute credit for
conversions across marketing
channels; businesses need
to evolve beyond attribution
modeling toward accessible
marketing intelligence.
As we will discuss in the
following section, the current
approach to martech is
leading businesses further
from their goal of attaining
reliable, actionable insights
from their data.
According to
our survey
results, 27% of
brands do not
use marketing
attribution
technology on
their digital
advertising
campaigns, but
“would like to
do so.”
Yes, all campaigns
28.3%
Yes, some campaigns
30.9%
We have attribution set
up, but do not analyze
the results
7.9%
No, but would like to
27%
No plans to do so
5.9%
5
https://chiefmartec.com/2018/04/marketing-
technology-landscape-supergraphic-2018/
11. 15 16
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
More technology
can create more
complexity
The most frequently-cited feature
that brands wish their marketing
intelligence technology could
have is easier access to actionable
insights.
At a surface level that seems rather
obvious, but it is revealing when we
recall that these same companies have
significantly increased their technology
spending in this area.
Even after so much investment, that
deceptively difficult goal remains out of
reach.
By beginning with a clear concept of the
challenges a brand wants to solve by
using marketing intelligence software, the
partnership between vendor and client
can start on a solid foundation. Still, with
so many vendors to choose from, brands
require guidance to ensure they partner
with the right technology solutions.
The gap between data and insights
According to the ClickZ study carried
out exclusively for this report, businesses
are using seven separate technologies
to extract insights from their data, on
average.
However, there are no guarantees that
using these technologies means that
brands are making sense of all this data.
In some cases, it may mean entirely the
contrary: more data and more martech
solutions only add to the complexity.
In fact, just 33% of survey respondents
believe that their current measurement
solutions perform accurate attribution of
all marketing campaigns.
The true potential of
multi-touch attribution
and sophisticated data
analysis lies in solving
brand and marketing
challenges, but these
opportunities are often
missed.
12. 17 18
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
Moreover, just 8% of
responding brands believe
that their use of third-party
data is “very effective,” while
14% go as far as stating
their use of this data is “very
ineffective.”
Figure 4. How effective
is your company’s use of
third-party data to develop
an understanding of your
consumers?
If brands have extensive
customer data but don’t
know how best to use it for
everyone’s benefit, what good
does it do taking up server
space?
The data that is being
collected must be converted
into applicable knowledge
in order for brands to
take better-informed and
ultimately more profitable
actions. That is a continuous
process, rather than a one-off
action.
By taking control of
your data, you can drive
improvements from any
starting point and start to see
the impact of using consumer
information to provide better
experiences.
The metrics that matter
Another challenge among
brands that adds to this
complexity is that of
business-wide agreement on
performance metrics.
The definition of success will
need to be adjusted for each
individual brand, with metrics
selected or created to guide
the business toward its goals.
It is important to conceive
of metrics in that sense;
they have a practical use in
directing a business toward
the outcomes it wants to
achieve. This is in contrast
with the one-size-fits-all
approach that sees brands
attempting to fit their
strategy into someone else’s
definition of success.
From this position, it is
possible to understand where
a marketing intelligence
software vendor can enable
more effective strategic
decisions.
Consumer data can be used
to surface qualitative insights
about an audience through
quantitative means, but
only if the brand in question
knows what it is looking for.
The ClickZ survey asked
respondents whether their
company uses a shared
metric, such as Customer
Lifetime Value (CLV),
to measure marketing
effectiveness.
Figure 5. Do you use a
shared metric across
departments (such as
Customer Lifetime Value) to
measure the effectiveness of
marketing campaigns?
According to our survey, only
17.5% of brands claim to use
shared metrics for measuring
the impact of marketing
activities and 29.2% say
they’re “working on it.”
A whopping 21.4% of brands
report that their companies
simply doesn’t use shared
metrics and 18.2% admit,
“No, but we should.”
For example, one team might
measure success through
increased social media
engagement, while another
measures success based on
website bounce rate. This
inconsistency makes it too
easy for companies to lose
sight of what success means,
and it also makes it much
more difficult to make use
of a marketing intelligence
platform.
Furthermore, of the brands
surveyed, only 32.5% are
reported to have a clear
view of their customer
lifetime value (CLV). That
means 67.5% of brands out
there don’t have a company-
wide understanding of how
valuable a new or current
customer will be.
Figure 6. Does your business
have a clear view of your
customer lifetime value
(CLV)?
Without a clear agreement on
customer habits and identity
or metrics of marketing
activity, companies are
unable to market and see ROI
to its fullest potential.
If brands want to see
continued success and stay
on par with or ahead of
competition, they will need
to reckon with this internal
inconsistency and inability
to properly utilize customer
data.
Access to impartial data is
essential
Some brands report finding it
difficult to trust the data that
they do acquire. And some,
even if they do trust it, find
it hard to believe that using
the data will make any real
difference to their overall
success.
Very effective
7.8%
Somewhat effective
33.8%%
Not sure
27.9%
Somewhat ineffective
16.9%
Very effective
13.6%
Yes
32.5%
No
67.5%
Yes
17.5%
We’re working on it
29.2%
No
21.4%
Not sure
11.7%
No, but we should
18.2%
Other: Write in
2%
13. 19 20
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
In particular, these brands
referred to the significant
level of control that vendors
have over their data.
Companies like Google
and Facebook are data
businesses, after all. Relying
strictly on online activity,
these brands acquire
tremendous amounts of user
data daily. Protecting this
data, their most valuable
asset, is extremely important
to their ambitions.
However, over-protecting
could lead to a more
fragmented future where
data sits in walled gardens to
an even greater extent than it
does today.
Brands need access to their
own data, across social media,
search marketing, display
advertising, and offline
campaigns. There is clearly
a concern that when a brand
is wedded to one particular
suite of marketing products,
they may not gain access to
the full picture of how their
audience behaves.
Figure 7. Do you believe
that the data from your
marketing intelligence
platform is impartial?
Challenges with
understanding attribution
The term “attribution” in
regards to marketing refers
to the process of identifying
user actions that contribute
to a larger desired outcome,
assigning value to these
actions. When asked to rate
the overall understanding
of data-driven attribution
in their companies, results
varied:
Figure 8. How would you
rate your organization’s
current understanding of
data-driven attribution?
Of the brands surveyed, 9.1%
report an excellent overall
understanding of attribution
and 29.2% report a good
understanding. That puts
61.7% of brands at “Neutral”
or below. This could pose a
potential problem for this
61.7%.
Excellent
9.1%
Good
29.2%
Neutral
27.3%
Below average
22.7%
Very poor
11.7%
In the ClickZ
survey, 21% of
respondents
stated that they
do not believe
the data from
their marketing
measurement
platform is
impartial.
Through understanding and
analyzing attribution, brands
can see what is causing
user activity and can create
hypotheses to potentially
explain the “why” behind that
user activity.
Without understanding
data-driven attribution,
brands are left with an
increasingly opaque image
of the consumer, unable to
adequately cater and market
to fit consumer needs and
habits.
Working to not only better
understand but also protect
all of this data is no longer
optional for brands. The
General Data Protection
Regulation (GDPR),
California Consumer Privacy
Act (CCPA), and Cambridge
Analytica scandal are
bellwethers of a changing
relationship between
individuals and their personal
data.
With all of this data, brands
should be able to build more
accurate models of their
audience’s behaviors.
This report finds that brands
struggle with the challenge
of synthesizing the various
components of a martech
stack to create a single view
of their audience.
Having a foundational layer
upon which all marketing
activities and data should
be created is an essential
component of a marketing
stack.
Data-driven
attribution
is crucial in
creating a clear
image of the
consumer for the
brand.
Yes
79.9%
No
21.1%
14. 21 22
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
The business
impact of
ineffective
consumer
understanding
The consequences of ineffective
consumer understanding on the
business are numerous.
To begin with, when a brand does not fully
understand their consumers, it cannot fully
understand how to effectively allocate
marketing dollars.
Without a clear picture of the consumer,
the brand marketer creates plans with
incomplete information, potentially
wasting marketing dollars on ineffective
campaigns or other marketing efforts.
Facing fierce competition, brands need to
know exactly who their consumers are in
order to appropriately plan and market,
otherwise brands stand to lose customers.
In fact, over the next five
years, brands are expected
to increase their allocated
funds for digital marketing
from 44% of their budgets
to 54%6
.
6
https://www.slideshare.net/christinemoorman/the-cmo-
survey-highlights-and-insights-report-august-2018
15. 23 24
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
As prices go up, brands
absolutely cannot afford to
waste funds on marketing
that doesn’t work.
And yet, the 2018 Global
Data Management Benchmark
Report7
from Experian finds
that a huge 89% of executives
believe poor data quality is
currently undermining their
ability to deliver exceptional
consumer experiences.
This aligns with the findings
from the ClickZ survey
undertaken for this report.
When asked to agree or
disagree on whether insights
from marketing intelligence
platforms directly inform
digital strategy, 22.7% of
brands answered, “Agree,”
and 44.2% of responded
with “Somewhat agree.”
That leaves 33.1% of brands
reporting “Neutral” or below,
meaning that 33.1% of brands
are overspending in areas
that do not necessarily drive
performance.
Figure 9. Please agree or
disagree with the following
statement: Insights from
our marketing intelligence
platform directly inform our
digital strategy.
Brands plan to invest in new
attribution technology
To follow up, brands were
asked how likely they were to
implement new attribution
technology to their company
within the next year. 18.9%
reported “Very likely” and
25% reported “Likely.”
Figure 10. How likely are
you to implement a new
planning, measurement,
or attribution technology
within the next 12 months?
This question refers explicitly
to new technology, so this
is not to say that the other
56.1% that answered “Not
sure” or below won’t step
up their game with the
technology that they already
have. However, this is
generally still an indication
that many companies still are
not prioritizing finding real
results through attribution
technology.
Spending without regard
to the insights of marketing
intelligence is an easy way
for brands to lose money and
customers.
If building marketing
strategies is not directly allied
with a clear understanding
of consumer information
from marketing intelligence
platforms, making the case
for ROI is debatable. As
martech spending continues
to rise, so does the risk of
misallocating funds. Brands
need to be hyper-aware of
who their customers are in
order to spend effectively.
Marketing attribution
directly affects strategy
As Figure 11 shows, a
significant 45.7% of all
responding brands have
changed their cross-channel
marketing budget allocation
as a result of marketing
attribution findings.
27.8% are unsure and
just 26.5% say marketing
attribution has not affected
channel investment plans.
Figure 11. Has marketing
attribution influenced your
spend allocation across
online channels?
A company’s
misunderstanding of their
consumers also ultimately
takes up significant time and
resources, as staff are forced
to work to gain value from
technology that does not
automate tasks for them.
The impact of this is under-
achievement against business
metrics -- but it also weakens
the case for further spending
in this area. There is a need
for marketers to enable
better decisions through
data, quickly.
It is telling that among
respondents who have
altered their marketing
budget plans based on
data-driven insights, the
majority have increased
their investment in digital
marketing.
This is particularly true in the
areas of content marketing,
paid search, and organic
search.
After using attribution
technology to understand
campaign performance,
65% of brands increased
their investment in content
marketing, 61% did so for
paid search, and 57% of
brands spent more on organic
search.
This occurs when a brand
realizes that they have
undervalued the impact their
activity through each channel
has had, or when they identify
further room to grow by
allocating more budget to
specific areas.
Agree
22.7%
Somewhat agree
44.2%
Neutral
16.2%
Somewhat disagree
9.1%
Disagree
7.8%
Yes
45.7%
No
26.5%
Not sure
27.8%
Very likely
18.9%
Likely
25%
Not sure
32.8%
Not likely
15%
Very unlikely
8.3%
6
https://www.slideshare.net/christinemoorman/the-cmo-
survey-highlights-and-insights-report-august-2018
7
https://www.edq.com/resources/data-management-
whitepapers/2018-global-data-management-benchmark-report/
16. 25 26
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
Figure 12. The impact of
attribution technology on
marketing budget allocation
across channels.
100%
50%
25%
0%
75%
Contentmarketing
Paidsearch
Organicsearch
Video
Display
Paidsocial
Organicsocial
Email
Increased Remained the same Decreased
Content marketing 64.7%
Paid search 10%
Organic search 56.6%
Video 3%
Display 51.5%
22.1% 13.2%
Walmart 10%
30.4% 13%
Target 3%
27.9% 20.6%
Increased Remained the same Decreased
Paid search 60.9%
Video 54.4%
23.2% 15.9%
38.2% 7.4%
Paid social 48.5%
Organic social 47.1%
Email 45.6%
Affiliates 36.7%
30.9% 20.6%
39.7% 13.2%
45.6% 8.8%
47.1% 16.2%
Across all digital marketing
channels, brands are
significantly more likely
to increase than decrease
their budget once they have
conducted a thorough review
of their performance data.
Accurate multi-touch
attribution is essential as
an exercise in diagnostic
or descriptive analytics,
as it shines a light on the
consumer engagements that
mattered most in the run-up
to a conversion.
However, as these new
findings demonstrate, it is
just as crucial for future
planning. If a brand knows
where and when they can
reach their audience most
effectively, they can spend
accordingly and closely
monitor the impact.
As a result, this marketing
intelligence exercise becomes
a driver of performance,
rather than just a
performance dashboard.
17. 27 28
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
How businesses
are approaching
this today
According to ClickZ data, Google
Analytics is the second most
popular solution to the attribution
problem, often giving brands a
basic and important understanding
of user activity and habits.
The most popular software is Google
Attribution 360, used by 51% of
respondents.
Many businesses are still using
predetermined criteria and do not have an
attribution model of their own that reveals
deeper analyses and insights.
According to ClickZ data, Google
Analytics is the second most
popular solution to the attribution
problem, often giving brands a
basic and important understanding
of user activity and habits.
The most popular software is Google
Attribution 360, used by 51% of
respondents.
Many businesses are still using
predetermined criteria and do not have an
attribution model of their own that reveals
deeper analyses and insights.
On the following page, we display the
out-of-the-box attribution models that a
significant number of businesses still use
as standard today. Each of these models
has its benefits, but none are perfect and
it remains surprising to learn that just 9%
of marketers feel their business has an
“excellent” understanding of multi-touch
attribution.
18. 29 30
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENTFigure 13. ‘Out-of-the-box’ attribution models that
many businesses use today
Last Click
All credit is attribution to the
last channel interaction.
Con: You don’t know where
your customer comes from
Last Click
First AdWords Click
Assigns 100% value to last
Google Ads click
Con: Google Analytics
telling you how well Google
AdWords are performing
First AdWords Click
First Click
All credit is attribution to the
first channel interaction.
Con: The majority of
purchases don’t happen on
the first visit
First Click
Time Delay
Value credited relative to
proximity to conversion
Con: Still optimising for last
clicks
Time Delay
Linear
Assigns equal value to every
interaction, regardless of the
role they actually played in
the conversion
Con: Rewarding all channels
equally is like everyone
winning first prize -
unrealistic
Linear
Position based
Default value attributed 40%
to first touch, 40% to the last
and 20% spread across all
others
Con: Still not a reflection of
the actual customer journey
Position Based
19. 31 32
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
Another solution that
companies often turn to
are standalone attribution
providers or all-in-one
platforms.
These platforms often
promise to provide what
they call a ‘single customer
view.’ Chasing this objective
does not lead to better
decisions today and often
leads companies further
from their stated objective.
In fact, it can make company
goals unachievable and
impede them from building
better models with the data
available to them.
Others can see the value in
the insights their platform
delivers, without being fully
convinced of its exactness:
“Our data is directionally
correct, but I don’t believe it
is as accurate as it could be.”
The aim of the company
through the use of this
technology should be not
to create a perfect model
of attribution, but rather to
create the most accurate,
transparent, and useful model
of real customer journeys,
wherever they are.
Though tools like Google
Analytics are excellent in
painting an image of the
consumer using broad brush
strokes, brands really need
the nitty-gritty details.
These solutions pose other
challenges for brands as well.
For example, impartiality is
far from guaranteed when
using larger third-party
solutions.
79% of surveyed brands
believe that the data from
their current technology is
impartial, which is a healthy
majority but still leaves a
sizeable 21% of brands who
are skeptical of their own
data’s objectivity.
There are subtle but still
notable distinctions across
the major technology
providers. 39% of current
customers believe Google
Attribution 360 is working
well for them and 41% of
Adobe Marketing Attribution
users felt the technology
provides accurate analysis of
all campaigns.
While these tools may work
for brands in many ways, they
ultimately cannot provide
the single customer view that
they promise to deliver.
Adding to the list of
challenges, using third-party
data doesn’t always sit well
with brands.
Having the proper tools to
acquire and understand their
own data puts the power back
into the hands of the brands.
Ultimately, brands need
marketing intelligence
software that is reliable,
According to a
survey respondent,
“Most technologies
have one or two
brilliant core
functionalities,
but the rest is
there to dress up
the package as
something more
robust than it
actually is.”
“Google has too
much control over
our data,” one
ClickZ respondent
admits.
accurate, agile, and impartial.
Brands need to be focused
on delivering and sharing
knowledge within their
organization to enable better
long-term decisions across all
marketing activities.
Figure 14. What do you
look for when assessing
marketing intelligence
vendors? (Please select
up to three.)
0% 10% 20% 30% 40%
Accessible, actionable insights
through user interface
Affordable access to
simple, effective tools
Ability to identify
cost savings
Enablement of better
marketing decisions through data
Helps calculate the ROI
of digital marketing
Accurate performance
forecasts
Transparency on the effectiveness
of each marketing channel
Accessible, actionable insights through user interface
Paid search 10%
Ability to identify cost savings
Video 3%
Helps calculate the ROI of digital marketing
37%
Walmart10%
31.5%
Target 3%
29.5%
Value Percent
Affordable access to simple, effective tools
Enablement of better marketing decisions through data
15.9%
7.4%
Accurate performance forecasts
Transparency on the effectiveness of each marketing channel
Integration ofonline and offline data
20.6%
20.5%
8.8%
Accessible, actionable insights through user interface
Paid search 10%
Ability to identify cost savings
Video 3%
Helps calculate the ROI of digital marketing
Walmart10%
Target 3%
Affordable access to simple, effective tools
Enablement of better marketing decisions through data
34.9%
29.5%
Accurate performance forecasts
Transparency on the effectiveness of each marketing channel
Integration ofonline and offline data
22.6%
17.1%
Customer support team
Paid search 10%
Single view of the customer
Video 3%
Integreations with other software packages
15.8%
Walmart10%
13.7%
Target 3%
11.6%
Value Percent
Calculation of metrics such as customer lifetime value
The agility to adapt to changing user behaviours
14.4%
13.7%
Independent, reliable view of your data
Dedicated data protection team
11%
8.9%
20. 33 34
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
When asked what they
consider when choosing
marketing intelligence
software, above all, brands
said accessible, actionable
insights through user
interface. Marketers want to
see the data clearly and glean
actionable next steps through
it.
Following that, brands
said they consider both a
software’s simplicity and
its ability to identify cost
savings.
While these are certainly
important things to keep
in mind, the true purpose
of marketing intelligence
software is to identify
how and where brands
can be making better and
more accurate marketing
decisions via consumer data.
However, this falls behind
the three aforementioned
considerations, signaling that
brands may need a general
mental overhaul on their
understanding of consumer
data in relation to marketing
goals.
21. 35 36
THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
The data
maturity model
There is an evolutionary process at
play here.
All brands can take stock of their current
maturity and use this to plan their
development. In other words, brands
can use what they already have to grow
even further. The key point here is that
no matter where a company sits on
this spectrum, there is always room for
improvement.
A company’s first step in improving data
maturity is adding a new analytics platform,
which can have a huge, immediate
impact. When used properly, an analytics
platform will provide brands with clarity,
transparency, and a better performance
analysis. Businesses can then build off of
this by investing in attribution software
and marketing automation, streamlining
strategies based on understanding the
data and enabling informed, data-based
decisions.
To take it one step further, brands should
implement an all-in-one customer data
platform to incorporate more data sources
into the analysis of their customers and
the effectiveness of their marketing. A
clearer strategy should emerge from using
this technology, but brands should have
their antennas up because the opposite
can often occur. With so much information
and so many directions to take it in, it’s
easy for companies to lose sight of goals
and metrics. However, with effective
data software and a clear, company-wide
strategy, brands will be set up for a world
of success.
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THE STATE OF MARKETING MEASUREMENT,
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Decision-Making and Data
Maturity
Ultimately, the quality of
a brand’s decision-making
is directly correlated with
the level of data maturity.
Brands need to be careful to
make thoughtful decisions
about the technologies and
marketing strategies they
invest in. To make these
thoughtful decisions, brands
need to have a clear and
transparent understanding of
their data.
According to ClickZ research,
we’ve found that the average
brand invests in seven tools
that are specifically designed
to extract insights from
customer data. Inevitably,
there is crossover in
functionality, a sense of
unkept promises, and a waste
of company resources.
Technologies that are more
expensive and more complex
don’t necessarily offer more
benefits, nor can they offer
the same initial boost that
an analytics platform can
provide. Additionally, new
tools may simply tell a brand
what they already know
or worse, contradict and
confuse a brand’s goals and
ideas.
Rather than spending more
money on more tools, brands
can and should unlock the
potential of their current
data by engaging with an
independent data analysis
platform. The insights from
such an analysis will better
shape company decisions,
creating data-based goals
and motives. This is the
next evolutionary step
and provides a tangible
improvement in decision-
making, similar to the boost
provided by implementing an
analytics package.
By partnering with Fospha,
brands have the power to
take control of their current
data, opening the door
to better strategies and
marketing decisions based
on clear and transparent
insights. Within these
strategies, brands can
develop success metrics
like customer lifetime value
to measure what really
matters to the business and
to maximize the potential of
marketing campaigns.
For example, more brands
can start thinking about and
strategizing for how they can
gain control of their first-
party data rather than relying
strictly on third party. Though
this certainly will take time,
money, and serious effort, the
results could be astronomical.
Figure 15. The data maturity
model.
Stage 1: Stage 2: Stage 3: Stage 4: Stage 5:
Implement a new
analytics package
Invest in new marketing
channels
Customer data platform
and new automation
technologies
Add more digital
marketing channels to
strategy
Implement Fospha
standalone data layer
Sharp increase in
quality of decision
making
Adoption of out-of-
the-box attribution
models
Some clarity is added,
but use of data is
reactive and not based
on accurate audience
insights
Start to work with
data specialists
Standards and
processes established
for data management
and reporting
New technologies
no longer improve
decision making
quality and can add
to confusion
Standalone data layer
that brings agile,
actionable insights.
This cuts through
the noise and helps
marketers make more
profitable decisions
Quality of
decision
making
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THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
Key trends and tips
Focus on value:
Data is ultimately a brand’s support system. When used effectively, it will add tremendous value to your brand. When not, it will only be a
huge missed opportunity.
Even if you’re still working out how to process and understand user data, you can take your first steps in the right direction by defining
what success looks like for your brand. From there, determine the metrics that will help your brand measure this success and create a
dashboard that charts it all.
64% of survey respondents believe their company analyzes under 40% of all consumer data.
Before working to incorporate third-party data sources, extract maximum value from the customer data you already have.
Making sure teams and players across the board agree on the terms of your brand’s success is key in keeping the vision for your brand
streamlined and your eyes on the prize.
Be directive with your technology strategy
Clearly identify and articulate your brand’s challenges that need solving. Ensure that the data companies you work with -- whether
that is attribution providers, DMP’s, CRM vendors, or otherwise -- are using the data to help you find the answers you need and create
sustainable solutions.
If your attribution and data vendors aren’t effectively using your data to help you solve problems, you have the choice to make a change
and find partners that actually can create change and growth.
The ClickZ survey found that brands invest in 7 separate technologies to tackle data analysis and insights, and 44% plan to invest in at
least one more over the next year. Without a strategy, this investment will not necessarily deliver positive returns.
Use the data maturity model in the previous section of this report to understand how your business stacks up. The good news is that no
matter your current level of maturity, partnering with a standalone marketing intelligence vendor can instantly unlock previously unseen
opportunities.
The following are the key tips brands can follow to directly
address some of the challenges our survey answers highlighted:
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THE STATE OF MARKETING MEASUREMENT,
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Key trends and tips
Identify partners that can make your life easier
Data solutions and partners need to be able to integrate and evolve with your business. Look for partners and vendors that simplify the
complexity, consolidate fragmented data from within the business, and integrate it with your internal business systems and marketing
technologies. Data-driven insights should be accessible and practical, and they should enable more effective decisions.
Identify the partners that can educate your business in the crucial areas of data science and multi-touch attribution. Just 9% of marketers
believe their organization has an “excellent” understanding of this discipline, so there is a competitive advantage to be gained by making
this a priority.
Connect this intelligence to the people that matter in your organization and watch your business grow.
Find appropriate measures for success
Marketing measurement should not be a restrictive force. Instead, it should provide a healthy perspective on the success of
marketing strategy over time.
One approach to this is to work towards customer-focused metrics, such as customer lifetime value (CLV). It is therefore
surprising that just 32.5% of businesses have a clear view of the CLV within their data set.
Moreover, only 17.5% of responding brands use a shared metric like CLV to judge the success of marketing strategies.
Uniting efforts around such measures can keep teams focused on delivering for the business, rather than just their channel
performance. Technology partners can help you both calculate and track these numbers within a tailored reporting dashboard.
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THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
Better data for
better decisions:
The Fospha solution
Brands need a standalone data
layer that informs all online and
offline marketing.
While third-party data can certainly be
valuable, insights from specific user actions
and data sets will -- at the very least --
direct brands toward clear, measurable
metrics.
Fospha delivers by putting companies
in control of their first-party data as a
foundational layer upon which strategies
are built and measured. By being in charge
of customer data, brands can set clear
success metrics and create plans to meet
and exceed those metrics.
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THE STATE OF MARKETING MEASUREMENT,
ATTRIBUTION AND DATA MANAGEMENT
Figure 16. The data sources
that typically inform a
marketing strategy
These data sources can be,
but are not limited to:
Fospha achieves this by
Markov chain models,
identifying patterns in past
consumer data to predict
their future actions. A
Markov chain describes
a sequence of possible
events, the probability of a
each event depending on a
previous event.
Using this model leads to a
greater understanding of not
only the potential impact of
each action and channel, but
also clusters of channels and
how they work in specific
sequences for the consumer.
Channel-specific models:
Look at real visitor data
to determine the role an
individual channel has played
in a conversion.
Do not consider the
interaction between various
channels.
Lead to inaccurate attribution
of marketing spend.
Data-driven models:
Look across all visitors’
entire journeys and assign
real values to each of the
touchpoints.
Do consider the interaction
between various channels.
Leads to accurate attribution
of marketing spend.
As a result, for example, it
is possible for brands to
understand the relationship
between Google and
Website visitor
data
CRM data
Display advertising
data
Affiliate cost data
Phone call data
Google merchant
centre
Paid search data
Point of sale data
Data from
customer service
Data from internal
order system
Financial data
Google Webmaster
tools
Facebook when it comes to
user experience and habits,
beyond the simplistic, third-
party studies in today’s
market.
Our preferred Data-Driven
Model: The Markov Model
All the channels are ‘states’,
and the probability that a
customer moves from one
channel to another is a
‘transition probability.’
Looking through all the
customer journey, and their
various paths to conversions,
gives the channels ‘transition
probability.’
Remove a channel and seeing
how many conversions are
expected.
The difference between the
actual number of conversions
and expected conversions
without that channel is the
channel’ value!
At the end of the day, what
brands need to remember
is that the direct financial
impact of accurate attribution
goes well beyond simply more
efficient spending in display
and paid search.
Gone are the days of pushing
money into a channel and
hoping it works. To stay
ahead, brands need to
understand how to make
more effective investment
decisions through predictive
analytics, ultimately giving
the brand a transparent
understanding of why they’re
spending the way they are.
For example, this could also
take the shape of setting
company-wide Customer
Lifetime Value calculations,
giving brands clearer
metrics for consumer
success. Through making
marketing decisions that
better fit the needs of the
consumer, brands can identify
and maintain the lifelong
customer.
Marketing attribution
software can sometimes
seem flashy and complicated,
luring brands in with
large, shiny promises of
‘opportunity’. However, a
business doesn’t necessarily
become successful by using
the flashiest product.
Rather, it will see substantial
success when using the most
effective product. Software
and service mean using the
best technology, but also
getting the most out of said
technology.
This is where Fospha comes
in. Through our innovative
software, your company can
finally gather and organize
the first-party customer data
it needs, equipping you with
actionable tools to find and
retain the lifelong customers
you seek.
It’s time to take control of
your data, transform the
impact of your marketing, and
improve your ROI by using
Fospha’s attribution tools.
Allow us to be your marketing
intelligence partner. Learn
more and get in touch at
www.fospha.com.