Mo Analytics, Mo Problems — other than a terrible use of the great Notorious B.I.G. song, this phrase accurately reflects how marketers feel about their analytics.
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Scooped by Martin (Marty) Smith onto BI Revolution |
Mo Analytics, Mo Problems — other than a terrible use of the great Notorious B.I.G. song, this phrase accurately reflects how marketers feel about their analytics.
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After releasing its top TV programs of the year, Nielsen has now issued its lists of most liked new commercials, best recalled branded integrations in scripted shows, and top
Martin (Marty) Smith's insight:
Who spent more than 2x McDonalds et al. in advertising in 2012? Carmakers. If you are a tad on the ANGRY side reading that join the club. Our tax dollars haven't gone to making better cars or even helping Detroit GET IT.
#DetroitChallenge
In fact I am so sure of the value we can create for TIP MONEY compared to what Detroit is spending, When we create some AWESOME Internet marketing, launch it and watch the KPIs it will out perform. If our Internet campaign doesn't outperform $1M in TV advertising based on any metrics Detroit wants I WILL PAY DETROIT $10K AND I will Contribute $10K To Cure Cancer! When our campaign DOES out perform the car maker courageous enough to play agrees to pay $10K to help cure cancer.
The real question is why aren't cars sold like Apple sells iPads? Oh, the dealer network. Right Detroit's customer isn't my friends or ME it is the dealers and they love you. Your dealers perpetuate the fraud. Find another way; please FIND A BETTER WAY to go to market, to sell us a car and take my #DetroitChallenge and we will prove TV is the new print.
NOTE: the #DetroitChallenge is my idea and not associated with Atlantic BT where I am Marketing Director.
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Metrics & Chinese Finger Puzzles
Great article that demonstrates my favorite web analytics analogy. Imagine your index fingers are jammed into a Chinese finger puzzle. Now try to get out.
Harder you struggle the more your fingers are trapped. Both must relax to escape the trap. Every web metric is tied to some other metric. Great time on site doesn't equal more engaged customers if the greater time comes from heavy pages presented slowly (lol).
Never isolate a single metric out of the herd. Always look for the equal and opposite reaction, the other side of the Chinese finger puzzle. Solid article here though no mention of a finger puzzle.