I came across a Mashable article today that almost made me shed a tear. The article calls out 5 digital marketing metrics that matter:
How meaningful is this when publishers are forcing users to
load a new page every time they flip through pictures, lists, etc:
1.
Average Page Views per Visit
User is still so far removed from converting. What’s the
true value of these:
2.
Bounce Rate
3.
Average Cost per Page View
4.
Average Time on Site
5.
Rate of Return Visitors
These metrics are the same ones that digital marketers were
measuring 10 years ago. Through my experience at Digitas, I’ve learned that Brand
Managers are reluctant to allocate marketing dollars to digital because of the
inability to tie those dollars to offline sales. I share this very valid
concern. But over the past year, I’ve gained hope as we’ve started to deploy
research tools that allow us to tie digital marketing efforts to offline sales
and to measure various earned media metrics. These metrics are tremendously
valuable and meaningful but if we continue to look at archaic, less meaningful
measures, it will be long into the future until digital marketing budgets near
those of television and other traditional mediums.
Article: http://mashable.com/2012/07/27/marketing-metrics/
Article: http://mashable.com/2012/07/27/marketing-metrics/
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