Make it your homepage |   E-mail: Subscribe Unsubscribe

Consumers are willing to pay for better technology in public transport

This text is replaced by the Flash movie.

Wednesday, May 22, 2013
News Making Money

Marketers Find Less than Half of Analytics Useful for Decision-Making

07/08/2012 00:51 (288 Day 04:41 minutes ago)

analists.jpg
ADVERTISEMENT

 

The FINANCIAL -- The amount of data at marketers’ disposal is only growing, and in the case of some forward-thinking companies the results of the “Big Data” explosion are already being felt. But for most marketers, web analytics data is still too much, with too little context.

According to research from Econsultancy and web analytics consultancy Lynchpin, 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.

As emarketer reported, in many cases, web analytics are still not tied to a broader business strategy—and some companies reported not even having such a strategy. In addition to the 14% in that situation, 34% said analytics were not integrated at all with their business plans. The most common integration strategy was for companies to share key performance indicators across data from the web and elsewhere.

It’s also not clear that more experience with analytics data is making companies better at using it. Client-side marketers surveyed by Econsultancy and Lynchpin were less likely in 2012 than in 2011 to say analytics “definitely” drove actionable recommendations, and they were more likely to say analytics were not integrated into broader strategies or with other sources of data.

 

 

Make Your Comment

Add NewSearchRSS
Only registered users and facebook social network members can write comments!

This text is replaced by the Flash movie.



TRAVEL BIZ »
PRESS RELEASES »
FINANCIAL »
UKRAINE »
GEORGIA »
WORLD »
BANKS »
BUSINESS »
TECH »
MARKETS »
B SCHOOLS »
SPECIAL REPORTS »

Politics
“The ECA’s role of external auditor of the EU is more important than ever in its 35-year history”

09/05/2013 06:55 (12 Day 22:37 minutes ago)

The FINANCIAL -- Luxembourg Prime Minister Juncker, Minister of State Perry representing the Irish Presidency of the Council, and ECA President Caldeira, spoke today - the eve of Europe Day - at the inauguration of the ECA’s new building, about the challenges facing the European Union and the role of the European Court of Auditors .

Read more...
Markets
On sale, but unsafe: EU risklist reports thousands of dodgy products

18/05/2013 05:52 (3 Day 23:40 minutes ago)

The FINANCIAL -- A record number of 2,278 products were reported to the EU’s rapid alert system for dangerous consumer products (RAPEX) in 2012.







Developed by Aleksandre Chiabrishvili

Design built by Creo Group