Successful digital marketers are constantly evaluating where to put their resources, and how to measure the programs they are funding in terms of lead generation and sales. Digitally mature enterprises go one step further– They put their money where their data is. That’s because they know that data-driven marketing is an essential component of their maturity. It provides a foundation for their programs, and takes the guesswork out of marketing.
Advanced analytics allow companies to go far beyond baseline metrics, by providing the tools to really understand how their target buyers are consuming content, what entices them to engage and interact, and what triggers a conversion. In-depth analytics -including multivariant as well as A/B testing – provide the types of information that enable more automation and personalization to map to each buyer’s journey. A recent survey from Adobe found that digitally mature enterprise organizations plan on growing their measurement programs by 41 percent over the next three years. Digitally mature companies rate the whole customer view, predictive marketing, and attribution modeling as their highest priorities. And that means having a clear picture of who the target customer is if they want to deliver a personalized experience that will drive conversion.
As the survey found, data no longer just informs, it also predicts. “Customers expect digital marketers to know who they are and what they’re interested in.”
Combining in-depth analytics and machine learning begins to give a picture of the entire individual journey that buyer is on, delivering insights that enable an experience that is relevant to that customer, including his or her preferences, expectations and timing. Providing the right types of content when the target buyer wants that content is the most likely path to turning a prospect into a client. Getting that data in real-time from the right analytics and tools will offer the most current insights for reacting quickly and putting the best content in front of that audience, responding to what’s happening now, not what took place a week or month earlier.
Our recommendation is to let a digitally mature brand be your model, and invest in the best analytics that will provide real-time, data-driven insights to meet your marketing and revenue goals.