How do you turn analytics data into additional revenue?

InsideDigital.org

Advertising on the internet and mobile has increased by 17.5% to £3.04bn in the first half of 2013 according to the IAB, an increase of £607m compared to 2011

Analytics has played a key role in this growth by helping marketers accurately measure return-on-investment (ROI) and justify reallocating traditional media budget to digital marketing. However, with the amount of data now available to digital marketers via analytics, they’re in danger of becoming data squirrels that hoard data but do nothing with it.

There aren’t enough analysts in the world or hours in the day to manually analyse all the available data, and crucially, turn it into actions which optimise revenue outcomes.

The modern day digital marketer needs to consider how to turn all the data housed in analytics platforms into actions which optimise revenue outcomes through advertising technology. To do this they need to understand the three layers of digital…

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