The Knowledge Exchange / Customer Intelligence / It’s a great time to be in marketing … if you embrace analytics

It’s a great time to be in marketing … if you embrace analytics

As discussed in the new white paper, Turning customer data into marketing fuel, there is a new game that virtually all marketers must eventually embrace if they’re going to be successful. Analytics was once just the province of a few direct marketers and market researchers, but now the entire field of marketing is being transformed by this capability. Whether the focus is consumer or industrial marketing, and whether the customer channel involves a sales call, contact with a call center, a Web click, or an e-mail, marketing is becoming increasingly analytical. There is no longer any excuse for not knowing whether your advertising or your promotions are working. It is possible to test and analyze any campaign or any change in how you go to market with analytics.

This is, of course, a major change in culture for many marketers. It’s probably safe to say that many people who chose marketing as a career did not do so because they loved data and statistics. Therefore, many marketers will need considerable retraining and reorientation for this new world. It isn’t that the old creative and intuitive capabilities will go away, but they will have to be supplemented by a new set of analytical skills.

Of course the best marketers will continue to be those that have an intuitive and empathetic understanding of customers, but that cannot be the only perspective. It must be complemented by empirical, quantitative analyses of the behaviors customers actually exhibit and the impact of marketing activities on those behaviors. It is an exciting time for the field, and one in which careers and reputations of marketers will be rebuilt or newly established. In other words, it’s a great time to be in marketing, but only if you embrace analytics.

Download the white paper: Turning customer data into analytical marketing fuel

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