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Facebook Advertising / Marketing: Best Metrics, ROI, Business Value

Occam's Razor

We've seen explosive growth in brand pages, types of advertising and other fun ways to monetize this audience. A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. So to imply the ROI in Step 4 is sub-optimal. Facebook has an incredible audience, 950 million strong and counting.

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What Data Metrics Should Be Incorporated Into a Marketing Dashboard?

Smart Data Collective

Big data has been incredibly important in the marketing profession. Marketers need to rely heavily on big data technology to reach customers more effectively. Big data technology isn’t just important for making better insights. Visual marketing dashboards are prime examples of using big data effectively in marketing.

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Multi-Touch Attribution: The Marketer’s Secret Weapon to Make Smarter, Data-Driven Decisions

Sisense

Your customers interact with multiple campaigns: They start with a TV ad, see a Facebook ad, see a Google Ad two days later, discover an SEO-driven blog article, and finally click on an email discount offer to make a purchase. The problem for marketers is how much weight to attribute to each channel to determine budget allocation and ROI.

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Getting Started With Incremental Sales – Best Practices & Examples

datapine

Incremental Sales Calculation As mentioned, incremental sales are used by businesses as a key performance indicator to measure the financial success of their promotional efforts. In November, while running an advertising campaign that cost $1,500, the retailer sells $20,000 worth of ethical sweaters online.

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Create a lasting customer retention strategy

IBM Big Data Hub

Collect customer feedback Collect, analyze and distribute customer data through reviews and surveys. For CRMs, they can use AI and machine learning to automate the retrieval and analysis of customer data they’ve collected. It’s also important to track and analyze social media conversations about your brands.

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How To Make Stunning Dashboards & Take Your Decision Making To The Next Level

datapine

A business dashboard offers at-a-glance insights based on key performance indicators (KPIs) and is an intuitive and visually pleasing way to consume data. Unlike early predecessors, they give presenters the ability to engage audiences with real-time data. How familiar they are with the data or KPIs.

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Digital KPIs: The secret to measuring transformational success

CIO Business Intelligence

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). Efficiency metrics might show the impacts of automation and data-driven decision-making.