Six Steps to Successful Online Analytics and Measurements

Despite all the advancements in technology and newer, smarter metrics tools available in the market, measuring the effectiveness of online marketing and advertising is still a tricky business. There are many complex issues to consider beyond impressions and click-throughs to decipher and understand the dynamics of gaining a true conversion.   Furthermore, the continuous addition of new digital jargons, methodologies and possibilities increases the complexity of analyzing and measuring results that translate into actionable next steps and improvement.

While some marketers can afford sophisticated software, tools, dedicated internal teams and outside partners to analyze their efforts, most are still trying to get the basics of measurement right—the fundamental steps and process. In many cases, the following six steps can create sound marketing and media plans that repeatedly deliver results.

Seven Strategies for Surviving the Downturn

The power and versatility of today’s online capabilities provide numerous new ways for marketers to tackle the economic downturn, diminishing budgets and changes in consumer habits that are happening everywhere. Many companies/brands have already cut back on their marketing/advertising efforts, while others are taking this moment to reassess, reinvent and revitalize their brands/companies.

I’m a firm believer that challenges open doors to opportunities, and opportunities bring innovation with possibilities to further advance and emerge as a leader – as many brands did during the Great Depression.

As eMarketer CEO/co-founder Geoff Ramsey puts it, “Consumers are still consuming.” They are still out there, looking for deals and recommendations to make product choices. They are relying on all available resources to find what is right for them. For marketers, the good news is there are more options than ever to make a connection with customers.

Below is a compendium to a presentation Geoff Ramsey gave at the Fuel for Thought event in November. It is based on his recent whitepaper Digital Marketing Now: Seven Strategies for Surviving the Downturn that is available for free at eMarketer.

That’s it for today.