Tag Archives: Data mining

Unoptimized Optimization

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The folks at Adobe

came out with their annual Digital Marketing Optimization survey and I finally got around to spending a little time going through it.  The results are kind of troubling to me.  You can get a copy of it here (registration required) to see for yourself.  The gist of the survey is to ascertain how well marketers are using the data available to them to optimize what they’re doing in digital media.  For example, one thing I usually tell my clients is low-hanging fruit is to optimize content and marketing around on-site search – what your users are typing into the “search” box on your site.  It’s a great indicator of content that’s either missing or not presented in a way that’s obvious to your user. 34% of site visitors use site search first (according to the study) yet fewer than 50% of respondents are optimiz­ing on-site search results.  Hmm…

Here are a few other findings that make me want to scratch my head:

  • More than 50% cited testing was not a company priority
  • Marketers spend $92 per user to acquire traffic yet only $1 to optimize it.
  • Landing pages (41%), home pages (33%), and paid search (29%) are the top areas in which marketers are conducting online tests. 38% are not conducting any.
  • Social sharing was only chosen by 9% of respondents for optimization even though there is other research that shows how social sharing can play a big role in conversions (especially for online commerce).

If I spent $92 to get you to my site I’d do everything I could to get you to stay!  Here are the study’s top 5 recommendations:

  • Prioritize optimization across your organization as a strategic process
  • Use a data-driven approach to optimization
  • Optimize conversion with video
  • Optimize social engagement
  • Optimize for all mobile channels

All of which is pretty good advice (but not always so easy to do!).  In other words, commit to refining digital as you might your “real” product – ascertain what’s working based on data and commit to making it better every day.

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Still Haven’t Found What I’m Looking For

U2 provides the succinct summary this morning of some research published by the folks at Lynchpin and Econsultancy.

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Those two concerns examined how companies are using and learning from analytics and their Online Measurement and Strategy Report brings us back to a theme we’ve explored previously here on the screed.  In brief, companies are finding out more and learning less.  What I mean, and what the report shows, is that companies have more data than ever about consumer behavior and yet because of a number of factors they find the data less useful and without context.

Here are a few findings:

A majority of marketers worldwide say that less than half of all the analytics data they collect is actually useful for decision-making. Just one in 10 companies thought a strong majority of analytics data was helpful, and less than a third said somewhere between half and three-quarters of all data was useful.

While finding the right staff has been also highlighted as a limiting factor in the report, one other issue that emerges after looking into the responses is that organizational issues are another common frustration.  These demonstrate themselves in ways such as :

There is one team in charge of web analytics – not a marketing team – so for the marketing colleagues it is a fight to try to extract data from the analytics team.

Huge and siloed organisations, complexity of aged infrastructure and sites, legal policies

Getting management agreement on goals.

Education of senior management in understanding the benefit of an integrated digital performance management process.

Once again we find that a lot of data isn’t necessarily a lot of information.  For that to appear we need to formulate actionable business questions that are concerns of as many stakeholders as we can involve and then seek out the appropriate data to answer them.  The more we know the less we understand, apparently, and many businesses still haven’t found what they’re looking for despite drowning in data.   I think that’s kind of amazing and a bit sad.  What do you think?

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Flying Over The Forest

We were talking about using data on a call this morning and someone was trying to make a point that I thought you all might find of interest.  It’s the same sort of issue that arises when I talk to my clients about Twitter and web analytics – that of dealing with an overwhelming amount of information.  I’m sure you’ve had to deal with that if you work in digital or marketing or both.  What might be a little different is my advice about all that data:  ignore it. Continue reading

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