NEWS14 January 2014
All MRS websites use cookies to help us improve our services. Any data collected is anonymised. If you continue using this site without accepting cookies you may experience some performance issues. Read about our cookies here.
NEWS14 January 2014
US — A study on big data and marketing attribution has highlighted a lack of effective measurement of cross-channel marketing activity.
According to the study, based on findings from a survey of CMOs and heads of marketing in various industries, 85% of marketers are either not measuring this performance at all, or are using antiquated methods. According to the study, this interferes with their ability to deploy omni-channel marketing strategies.
The study was carried out by The CMO Club – a membership organisation for senior marketing executives – and Visual IQ – a cross channel marketing attribution software provider.
According to the press release: “The findings of this study support the fact that implementing an omni-channel strategy is challenging, and found there are two distinct elements missing from many programs. The first is an inability to harness Big Data, which is key to any omni-channel marketing strategy and that respondents shared as the highest priority over the next 12 months.
“The second element is the implementation of advanced cross channel attribution, which only 5 percent of respondents are currently utilizing.”
The full report can be downloaded here.
1 Comment
NickD
11 years ago
Ye-es... From the PR, one has to wonder about the true insight here. "Advertisers not tracking marketing activity effectively across channels" - well who knew?! "they're not harnessing big data" would be a heck of a lot more useful and insightful if there was any description of what, precisely, they think they mean by "big data", and why it would be a panacea to these problems
Like Reply Report