🎯 Why You Need to Stop Tracking These 5 Metrics

This article was written as part of the SEMrush Big Blogging Contest.

One of the things that going digital does to any brand, is that it suddenly gives access to a lot of data. Data, that opens up a world of possibilities.

Possibilities which had not earlier been anticipated or even thought of. Somehow, it propels teams to start thinking in terms of achieving certain data metrics … and that seems to justify the sheer obsession with data.

However, in data lies a certain trap. Let me walk you through how a typical marketing team approaches data.

Measure & Monitor

At the start, the team starts collecting data and reporting this on a daily basis. The fact that data is being collected and monitored allows for these teams to make pretty graphs and bar charts which get discussed in weekly or monthly meetings.

Don’t get me wrong, I am all for #measurement. It’s just that what do you wish to measure is much more important than the fact that you are collecting data. I have already written about this in the past, having defined a simple Success-Failure framework for measurements

However, when I see the work being done by most teams in India, it drives me up the wall. The sheer volume of data, and sometimes the lack of understanding the context can confuse the data analyst. What happens next is just Analysis Paralysis.

Analysis Paralysis

This is a state of over analysing data to such an extent that no action is taken and its being discussed to no end. The data ends up getting regurgitated from excel sheets to powerpoint to emails, but no action is taken.

It’s not that everyone keeps an eye on the more important metrics. If you are looking at a list of smart and helpful series of insights, then do go through this list of analytics insights published on the SEMRush Blog.

Such metrics should be kept aside. Here are some of the metrics that really get my goat.

Bounce Rate

Yes. It’s something that you would look at and obsess over. Wouldn’t you? Think again. It’s a subjective metric. What would you say to a high bounce rate for a landing page that’s giving you a high conversion rate?

The metric if considered purely on a standalone basis tends to bias the analyst, and that’s why its something you need to avoid.

Traffic

This is my most hated metric. What is the point in running after loads of traffic or buying traffic that has zero business outcomes? However a lot of teams are made to run after traffic, and then instead of focusing on getting the right customers, teams start focusing on getting as many footfalls as possible.

Impressions

Yes, your brand got the most number of impressions and that’s a high number of eyeballs. However, if you are getting only one person to act out of every 100, then don’t you think there is a problem?

Brand building is always a good idea, but does brand building translate into driving higher number of impressions? The mental model associated with this approach is scary – because then as marketers and businessmen, we start focusing on running after the wrong metric.

Imagine showing a wrong message to a vast audience. Scary right?

Clicks

This is a metric for those of you who are are running paid promotions on digital. Since a lot of the work that is done on paid promotions is customer acquisition, there is an unhealthy focus on looking at clicks.

Clicks are good, but when it comes to paid promotions, who knows perhaps the person clicking is being incentivized to click your banners and has zero interest to engage with your business.

Social Shares

This again is a personal favourite. For a lot of content oriented brands, the number of social shares is somehow extremely paramount. 

If we step back and examine why people share things on social platforms, then we will see that most of the times it is to express an opinion about something (yes, we are opinionated, and we love it!). Some times it is to open a dialogue and have a conversation about a topic.

Rarely is it that we share something without a purpose. 

PS – incidentally, one of the criteria of winning this blogging contest is social shares!

The next time you sit down to define which metrics to track, definitely think about how the metric is going to help your business. If you can generate a straight visibility between that metric and revenues for instance, then that should be something you need to track.

AMP and Advertising

Mobile Content

This blog is a modest small-tier blog. It does not get too much traffic (much to my chagrin) and therefore expecting the blog to monetize is too much. However, I have steadily written my thoughts and opinions on this … for the past 7-8 years now.

Looking at such a long time range allows me to study how blogging and blog monhersetization has changed over the years. Especially now with mobile form factors being the main devices that users tend to consume content with.

Continue reading “AMP and Advertising”

Marketing for India2

As someone who has been in the area of Digital marketing for the past few years (close to a decade now), it’s interesting to note and see how it has evolved. Right from the open market economics that AdWords grew upon to the game theory dynamics of Search Engine Optimisation, the way the entire industry has been changing is fascinating.

This article on English Tax and building for the next billion Indian users by Sajith Pai makes you stop and think. At this point, all the marketers and brands are busy selling to that sliver of audience who are online and are english speaking, affluent, willing to whip out their credit cards and make a purchase.

The next Billion

However, there is a larger audience out here, 10 times as much. A billion people, who may not be comfortable with English, who may not have approved credit cards and credit lines … but who are online.

Thanks to the launch of Jio, you now have an audience who may not be affluent, but who are there online. The same audience is being targeted by brands in a language that is not native to them.

English Tax

What is the English Tax? It’s the overhead that a user has to go over to understand what is being said. English is not my mother tongue, however after just under 4 decades of being subjected to both formal and informal education, I have started to think of English as my primary language.

However, that may not be the case of the next Billion. They may not even understand English, and thanks to Google or Apple, they would still be able to browse the web online without even typing a single English letter!

To top it all off, this audience is not being targeted online, not because they do not have a foot print, but because they do not understand the language in which they are being targeted.

This is bad.

Not only would they need re-phrasing of communications, but also a lot of mis-selling and mis-communications would be currently done to them.

Responsibility in Media

Yeah, this section is a joke! However, as digital platforms evolve, can the major players like GAFA take a much more responsible stand on exposing the India2 to the internet?

It’s not as if something is wrong with them. Please note, I am not saying that. However the internet which is most relevant for India2 is in the making and a lot of players are just ignoring this huge blue ocean that needs to be made.

There are content oriented players like BhaDiPa (Bharatiya Digital Party) and  TVF (The Viral Fever) who are making content in regional languages, pretty sure there are many more as well. However, one look at the keyword search volumes in Hindi and Marathi, and I know that we have still miles to go.

This audience for instance may not be doing a lot of searches, however, they definitely are there on Facebook, on WhatsApp, etc.

What can we do to engage as brands and marketers with this audience?

Going Regional

One step is always to speak the same language. I always loved the devnagri script, it just looks graceful when in comparison to the English script. Call me biased. However, as a marketer I would love to see some really good creatives, copy and content being pushed out there in regional formats.

I have seen this being done by some organisations, and just going by their data consumption numbers makes one re-think the language in which they are publishing! Similarly, the concepts of marketing wont change, but since the language is changing, so would therefore the format and forms. Just taking a Facebook update and translating it to Marathi won’t do. It has to be not just re-phrased but even re-thought … some of the memes and mental models that one language/culture has may pretty much ensure that the whole line of messaging be irrelevant.

I think as an industry based in a country that’s slowly emerging online, we are barely scratching the surface on these things.

A relic in a new age

Another day, another James Bond rumour. Of all the great franchises out there, 007’s—perhaps appropriately—seems to play its cards the closest to its chest. Eon Productions always rations information about where their legendary character is going right up to the point they are ready to announce his destination, and for what looks to be Daniel […]

via What if killing off Daniel Craig’s James Bond makes sense? —

I love Bond flicks. As someone who has watched James Bond escape traps and defeat villains right from childhood days, it’s a treat to read this article.

Not only does the author know his Bond, but also he is able to tell apart the different Bonds from each other (Connery from Moore, Brosnan from Craig, etc). However, do read through the entire article that I have linked above. Perhaps, it is time for Mr. Bond to die.

What the author seems to suggest is that Bond being the immortal he is manages to still beat the odds, but is feeling the pressures of age. James Bond is a legacy system.

What is a legacy system?

In organizations, a legacy system is that system which has been running for quite some time. It is running because the organization does not feel the need to update the system and the system has been running satisfactorily.

By this I mean, the system has its fair share of problems, but its a known devil. People know the workarounds, they know how to work with the system and how to sometimes work around it. They live with it … but every year they do a calculation of what will it take to replace it. Since what the system does represent is technical debt.

Unless the system does not magically upgrade itself or reinvent itself, the technical debt would be carried over.

What can be done to technical debt?

It has to be paid back in full, and sometimes with interest

This debt has to be paid either in terms of loss in productivity or in terms of cost incurred in upgrading the system.

So, either you keep updating and patching the legacy system … so in Mr. Bond’s case, there’s a constant need to evolve and keep getting better.

Or you simply retire the system, or replace the system with a slightly modern version of the sytem. What we have been seeing when it comes to the casting of James Bond. Daniel Craig would now shoot his 5th Bond flick. This would be his last.

What do you want for Bond?

Being an ardent James Bond fan, I would love to see Bond re-invent himself into a mix of Q and M who is also on the field. If wishes could be horses, beggars would ride.

Blind spots in Analytics

April 10, 2018. Dark social, even though we can’t see it or know what it is, is here. And we should fear it.

via Dark Social is Dangerous — Gareth Roberts

Read through the post, and realized that the title is a bit off. It’s not that Social Media is sending some dangerous traffic, but that the traffic being sent is being incorrectly measured as Direct traffic and therefore, difficult to act upon. This misdirection can lead to a lot of tactical mistakes.

What’s more interesting is the story about World War II that Gareth has nicely illustrated. The deaths due to a D-Day rehearsal were more than D-Day itself. The reason behind this is people coming to the wrong conclusions because of the data made available.

A light skim of this article might put me off Social Media as a marketing channel. As it is I am a bit biased against it, but this would have put the final nail in the coffin. However … this is the blind spot that I am referring to.

Slight misinformation, and there we go jumping to the wrong conclusions. As an analyst, something that you might want to keep in mind is the quality and the veracity of the data that you analyze.

Technology is not a silver bullet

As someone who has led the technology function in multiple start-ups, sometimes as a founder, sometimes as a consultant (a consulting CTO), one of the key learnings that I have seen is that whenever technology is viewed as a silver bullet to all the problems of the business, then that start-up is bound to face a lot of scale up hiccups.

What is a silver bullet?

A silver bullet was considered the only way to kill a werewolf. The term therefore is used as a magical solution to a difficult problem. In India, we have another such term … रामबाण

So, a solution which takes care of your problems.

What does technology represent?

When I refer to technology, I am not using this as a generic term. This is specifically intended to mean information technology resources … including machines, people, code and systems.

Technology usually represents scale through automation. It does not neccessarily mean problem solving. The solution to the problem that technology has to solve, is usually a process, or a product.

This product or process usually has to be designed. This design is not necessarily the domain of someone who knows information technology. Usually, a person who knows the business pretty well is able to do better design, as opposed to a person who can code.

Design requires engagement

Engagement with the problem so that the solution can be found. Therein lies the problem.

Now if the technology team that is within the organization knows the business well enough and if they are willing to engage with the problem at hand, then a proper solution can be designed.

Technology + Business could possibly do this

More often that not, technology resources are not business centric. They are “requirements” centric. I am being a bit harsh, but this is so rampant in India that IT leaders need to start rethinking the way they engage with the business. Perhaps a small business centric subject be included in the engineering courses.

Some symptoms of this problem

However, until business and technology do not partner on an equal ground, this problem will always be seen. What problem you may ask … here are some symptoms of this, folllowed by what typically happens with such teams.

  • An entrenched technology team which is in a “victim” mode all the time. They do not have any control on what work they are doing, and have no say in the business.
  • A rigid technology team which raises a mountain of paperwork and bureaucracy for all incoming tasks. Forms need to be filled in triplicate, and multiple documents need to be created and this is then project managed by a committee. A line of code requires a months paperwork.
  • A technology team that’s viewed as nincompoops or defunct because of their lack of being effective and responsive to the business. Inspite of having inhouse resources, different team chose to outsource work to their vendors.
  • An overworked team that’s loaded with so much work that they just don’t care about meeting deadlines or creating something of value. Testing is haphazardly done, rarely things get documented, cowboy coding is rampant.
  • A risk averse team that lacks the confidence to do great things. Inspite having inhouse capabilities, no one is willing to risk their neck and therefore chooses to outsource to vendors.

When you notice such teams in a start-up, more often than not, that start-up is not going anywhere. Until and unless the team and the business undergoes a severe change in attitudes towards each other, the team is not going achieve shit.

Such a technology team is not a silver bullet, they are a white elephant.

 

Are we over zealous on Remarketing?

One of the major shifts in online advertising that I have observed recently is the rampant use of re-marketing campaigns of late.

What are remarketing campaigns?

I like to think of remarketing campaigns in the form of a popular ad campaign that Vodafone (then Hutch) ran in India.

Where you go our network follows
Where you go our network follows Ad by Hutch

This brilliant ad campaign that was run in India talks about how the network follows the user and ensures that the telephone network is always available to the end customer. Keep in mind those were the days when network connectivity was a major issue.

Re-marketing campaigns are very similar, instead of the network, its the ad network that follows and ensures that the user is targetting off different websites who are running ad inventory.

If done right, remarketing campaigns can be seen as a serendipitous, even.

For example, let’s say if I went to a Flipkart or Amazon to purchase a particular product, and then I added the product to my cart, because of that particular action, I could be included in a Remarketing audience, and this audience is then shown an ad across different Display Networks. One of the most popular display networks out there is the Google Display Network (GDN).

However, this is not the only display network, there are multiple networks out there who can provide the same facility to the marketer.

It’s all about the spends for Display Networks

Now, you have to realize that for all Display networks and even for Social Media sites, the primary revenue model is advertising. That means, they want to grab more and more wallet share of the brand. A few years back, Google was ruling the roost in India, however, Facebook is now giving Google AdWords a run for its money.

Therefore, whenever a new feature is available on one network, the other ad networks simply duplicate the feature. Did you know that at present if you wanted to run Remarketing campaigns you could do so Facebook, Google, LinkedIn, Twitter, Instagram and YouTube? The list goes on, and the ability to create Custom Audiences and Lookalike audiences is also available across all channels.

Simply put, all the old and new marketing networks out there are willing to provide the features that marketers need in order to target (and re-target) their customers.

So where does that leave us?

Over zealous re-marketing

It leaves us with a whole bunch of over zealous marketers who want to get in front of the user and keep bombarding him/her with their offers. No matter what.

Take this case, I recently visited a website that was being promoted by a known agency. I was doing a routine check of their tag implementation. Satisfied that most of the obvious issues were taken care of, I left the site. Notice, there was no purchase intent.

Now, everywhere I go, I am being bombarded with impressions of this site. On Instagram, on Facebook, on GDN. Cute, but am I going to click on the ad? Not really. Are these impressions wasted? Yes, on me, they are.

I never intended to buy!

Is such a bombarding of the user the only mechanism to deliver results?

So what can be done to make remarketing more effective?

As a marketer who is in charge of running these remarketing campaigns, there are a couple of things that you could immediately do to reduce the spends and therefore increase the efficacy of your campaigns.

  1. Put a frequency cap on each of your creatives. If I am not going to click on your ad the last 20 times, theres a snowflake’s chance in hell that I will click on the ad the 21st time!
  2. Create remarketing campaigns based on user actions on the site, and not just a blatant site visit. If I have done certain things on the site that indicates my intent e.g start filling a form, downloaded a brochure, done an add to cart, etc, then it makes sense for me to be included in the respective remarketing list.
  3. Exclude the users who have already converted from your remarketing lists. If you do not do this, then the ads would also be shown to users who have already converted. Thereby wasting a lot of impressions. If you don’t do this, then its just plain lazy.
  4. Plan your remarketing campaigns on paper first before, think through the entire process and then kick-off the campaigns. Most of the time, remarketing campaigns are launched after the firsst set of campaigns, since you need visitors to be included in your remarketing lists. That means, you have time to plan and think through. Don’t waste that time.

If after all this, your remarketing campaigns still don’t deliver results, do let me know!

After thought on Remarketing campaigns

In the day and age where individuals online are slow to wake up to concept of online privacy, we as marketers often don’t realize that remarketing campaigns being done to death can turn a meeting of chance into oh-my-god-the-brand-is-stalking-me kind of feeling.

The next time you are thinking of remarketing, do tone it down a bit please.