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Finding the Right Analytics
        Methodology for Your
            Organization

Marshall Sponder
WebMetricsGuru INC
9/12/12
Often we have to make tough
decisions with not enough or the
        right information

 Often we
  need an
 approach,
method help
us to make
   better
 decisions
Methodology really is …
Steps to the Story we
are telling (ourselves)

…about how we
reach our destinations
(business goals)

…and our choice of
platforms affect how
the Story turns out.
Reaching our destination
Too many platforms / no time to try them all in any depth
leading to Analysis Paralysis




      ..some need to connect
           up together
Finding the Right Fit

      Platforms 4 Social
       were developed
         with features
     targeted for specific
       customers, then
        generalized to
       cover a broader
           audience
Real Value vs. Hype
  Marketing
  hype and
  check box
comparisons
meaningless,
 but difficult
      to
disambiguat
  e, so as to
make the right
  decisions
Getting up to Speed
Real pricing is unclear till everyone is up
to speed (which may never happen).
Balancing between Two Dangers

 Analysis
 Paralysis
                     Investing in
                      the Wrong
                       Platform
Symptoms of Analysis Paralysis
Too many options not enough time
or resources
Lack of information, structure,
reporting schema
Unable to learn from previous
experience
No KPI's and data feeds defined
Lacking right framework to put the
KPI's in
Haven’t brought the team on board
Wrong Platform Symptoms


     Medium
   is Message
Being Unprepared
                 for Big Data
• In Big data denial - BD is
  unstructured & growing rapidly
• Big Analytics requires right data
  skills team and methodologies
• Unable to determine requirements
  (if company can handle the data)
• Stuck with platforms and business
  processes that can’t be easily
  changed to something better.
Ur
1) Evaluate Vendors carefully
Here's some places to get more information



                            GigaOM Pro has up to date,         in-
                            depth research for Big Data platforms
                               from Analyst, Owner and User
                              perspectives, well worth $299 yr
                                        subscription

                             ..chose from a small, select
 Ideya for Social Media         list and then vet them
Monitoring survey ~1K USD              vigorously
2) Visualize the right decisions (in
your story continuum) so you can see where
you stand
• Research sites such as
  Quora and other
  forums/LinkedIn groups
  to find opinions about
  platforms you are
  thinking of deploying;
  this will help cut through
  the marketing hype.
• Hire experts like me who
  can help untangle the
  mess and cut to the
  chase.
3) Determine type and maturity
       level of your organization
Common Dimensions

•     maturity scale
•     degree of socialness
•     organization management style
•     size of the organization
•     scope
•     needs of your business segment
3b) Gauge where your organization
           is right now
Operation
              al Metrics


                                          Based on
Advanced
  NLP
                           Listening &
                            Influence     the
                           Categorizati
 Analysis
                                on        functions
                                          your
                                          organization
                                          preforms
                                          (inner circle)
 Customer                    Listening    you can
   Data
Integration
                              & Web
                             Analytics    anticipate the
                                          platform
              Engagem
                                          types needed
                ent &
               Attrition
                                          (outer circle)
4) Some examples of matching up
Organizations with the right platforms by primary
                    functions


  Product
     &
  Custome
     r
  Researc
     h

                                       Listening
                                        & Web
                                       Analytics




                  Social
                  CRM
5) Additional Factors to Consider
• Specific use cases (lead gen, PR, etc)
• Types of platforms needed (Qual / Quant
• /Big Data)
• Online/Offline Data
• Cost
• Immediacy of data / latency
• Security of the data
• Build vs. buy
Delivering Better, Scalable
 Solutions to reach your goals
            quicker
• Building a custom taxonomy (i.e.: Drug
  Patient Journey)
• Designing a tagging scheme to
  organize/categorize incoming/outgoing
  communications.
• Organizing your reports using custom
  taxonomy and tagging schema
• Create Frameworks that enable you to embed
  your KPI’s around specific business goals and
  strategies
Summary
There will always be
methodology challenges in
finding, choosing and
implementing the right platforms
for your organization and there
are ways to cut through the
hype and make decisions that
take you to your destination,
once you have the right
information.

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7 dee finding the right methodologies marshall sponder - 9-12-12 - submitted

  • 1. Finding the Right Analytics Methodology for Your Organization Marshall Sponder WebMetricsGuru INC 9/12/12
  • 2. Often we have to make tough decisions with not enough or the right information Often we need an approach, method help us to make better decisions
  • 3. Methodology really is … Steps to the Story we are telling (ourselves) …about how we reach our destinations (business goals) …and our choice of platforms affect how the Story turns out.
  • 4. Reaching our destination Too many platforms / no time to try them all in any depth leading to Analysis Paralysis ..some need to connect up together
  • 5. Finding the Right Fit Platforms 4 Social were developed with features targeted for specific customers, then generalized to cover a broader audience
  • 6. Real Value vs. Hype Marketing hype and check box comparisons meaningless, but difficult to disambiguat e, so as to make the right decisions
  • 7. Getting up to Speed Real pricing is unclear till everyone is up to speed (which may never happen).
  • 8. Balancing between Two Dangers Analysis Paralysis Investing in the Wrong Platform
  • 9. Symptoms of Analysis Paralysis Too many options not enough time or resources Lack of information, structure, reporting schema Unable to learn from previous experience No KPI's and data feeds defined Lacking right framework to put the KPI's in Haven’t brought the team on board
  • 10. Wrong Platform Symptoms Medium is Message
  • 11. Being Unprepared for Big Data • In Big data denial - BD is unstructured & growing rapidly • Big Analytics requires right data skills team and methodologies • Unable to determine requirements (if company can handle the data) • Stuck with platforms and business processes that can’t be easily changed to something better.
  • 12. Ur
  • 13. 1) Evaluate Vendors carefully Here's some places to get more information GigaOM Pro has up to date, in- depth research for Big Data platforms from Analyst, Owner and User perspectives, well worth $299 yr subscription ..chose from a small, select Ideya for Social Media list and then vet them Monitoring survey ~1K USD vigorously
  • 14. 2) Visualize the right decisions (in your story continuum) so you can see where you stand • Research sites such as Quora and other forums/LinkedIn groups to find opinions about platforms you are thinking of deploying; this will help cut through the marketing hype. • Hire experts like me who can help untangle the mess and cut to the chase.
  • 15. 3) Determine type and maturity level of your organization Common Dimensions • maturity scale • degree of socialness • organization management style • size of the organization • scope • needs of your business segment
  • 16. 3b) Gauge where your organization is right now
  • 17. Operation al Metrics Based on Advanced NLP Listening & Influence the Categorizati Analysis on functions your organization preforms (inner circle) Customer Listening you can Data Integration & Web Analytics anticipate the platform Engagem types needed ent & Attrition (outer circle)
  • 18. 4) Some examples of matching up Organizations with the right platforms by primary functions Product & Custome r Researc h Listening & Web Analytics Social CRM
  • 19. 5) Additional Factors to Consider • Specific use cases (lead gen, PR, etc) • Types of platforms needed (Qual / Quant • /Big Data) • Online/Offline Data • Cost • Immediacy of data / latency • Security of the data • Build vs. buy
  • 20. Delivering Better, Scalable Solutions to reach your goals quicker • Building a custom taxonomy (i.e.: Drug Patient Journey) • Designing a tagging scheme to organize/categorize incoming/outgoing communications. • Organizing your reports using custom taxonomy and tagging schema • Create Frameworks that enable you to embed your KPI’s around specific business goals and strategies
  • 21. Summary There will always be methodology challenges in finding, choosing and implementing the right platforms for your organization and there are ways to cut through the hype and make decisions that take you to your destination, once you have the right information.

Notas del editor

  1. http://www.lumapartners.com/resource-center/lumascapes-2/ Might be too much to expect these platforms could interoperate
  2. http://www.slideshare.net/lmilic/smm-tools-excerpt-final2012-9-13667019 http://pro.gigaom.com/
  3. http://cloudblueprint.wordpress.com/2011/12/15/picking-a-cloud-vendor-questions-to-ask-in-due-diligence/
  4. http://fanfoundry.com/2011/03/30/ready-for-marketing-automation/ http://www.cmswire.com/cms/social-business/review-the-community-engagement-project-015717.php http://www.emeraldinsight.com/journals.htm?articleid=867828&show=html http://www.marketingsherpa.com/article/marketing-budgets-by-organization-size http://www.landwell.fr/industry-sectors.html