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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

This thought was in my mind as I was reading Lean Analytics a new book by my friend Alistair Croll and his collaborator Benjamin Yoskovitz. In this post, we’ll look at each of the four steps in the Lean Analytics Cycle in more detail. That metric is tied to a KPI. It's the target for your KPI. But it is not routine.

Metrics 156
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The Marketing Analytics Intersect: My Newsletter!

Occam's Razor

I want you to sign up for something very, very special I'm doing: Writing short stories from the intersection of marketing and analytics. My newsletter is called The Marketing < > Analytics Intersect. People tend to use the terms metrics and KPIs interchangeably. It can never, ever, never, never be a KPI.

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The Impact Matrix | A Digital Analytics Strategic Framework

Occam's Razor

The universe of digital analytics is massive and can seem as complex as the cosmic universe. Even simple questions like “ How effective is our analytics strategy? Soon, your digital analytics strategic framework that you hoped would provide a true north to the analytics strategy question looks like this ….

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Knowledge

Occam's Razor

Here you'll find all my blog posts categorized into a structure that will hopefully make it easy for you to discover new content, find answers to your questions, or simply wallow in some excellent analytics narratives. " ~ Digital Analytics: "Am I thinking right? " ~ Web Metrics: "What is a KPI?

KPI 124
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Web Analytics Segmentation: Do Or Die, There Is No Try!

Occam's Razor

One of my earliest blog posts extolled the glorious virtues of segmentation: Excellent Analytics Tip#2: Segment Absolutely Everything. Many paid web analytics clickstream analytics tools, even today (!), Web Analytics , the other wonderful free WA tool, had advanced segmentation from day one. If you have Web Analytics 2.0

Analytics 123
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Eight Silly Data Things Marketing People Believe That Get Them Fired.

Occam's Razor

You end up paying substantial amounts of money to your analytics/big data vendor – for questionable value. The difference between a KPI and a metric is that the former has a direct line of sight to your bottom-line, while the latter is helpful in diagnosing tactical challenges. But don't make it your KPI. Page views.

Marketing 166
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Cookies To Humans: Implications Of Identity Systems On Incentives!

Occam's Razor

A Key Performance Indicator (KPI), our industry’s lingo for what becomes The metric, has massive influence. Bonus: Remember, you can measure profit everyday in Google Analytics! ]. It will be simply because you are solving for a KPI that actually matters when it comes to the fundamental existence of your company. Bounce Rate.