It is well known that one of the biggest challenges marketers face today is the problem of distilling massive quantities of data down to actionable insights. This “cup runneth over” problem of data can very easily create an obstacle to achieving the ultimate goal of analytics (and reason for investing in analytics in the first place) – better decision making.
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Definitions for Marketing ROI abound, but the pressures to achieve it have increased to fever pitch across all channels and marketing specialties. Why? One reason may be that with all the new marketing technology tools―with their claims of incredible measurement capabilities blasted to your in-box daily―the real complexity of getting to ROI has become washed over. Expectations have been raised. You need to figure it out.
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