Just when it seemed like data analytics was tickety-boo, everything changed.
But every change brings opportunity.
Here at TAP CXM, our consultants are looking forward to a year of growth.
With a strong web analytics capability at the centre of a robust martech stack, you’re well-positioned in an increasingly competitive playing field. Web analytics should encompass all owned properties (websites, apps and landing pages), centralising insights in an accessible platform. Ultimately you’re looking for a “single customer view”. It’s the holy grail of customer experience management; delivering the right message in the right place at the right time, and doing it at scale. .
Adobe Analytics is one of the leading enterprise web analytics solutions. It’s not a silver bullet, and it’s not the right answer for every brand – although we’re yet to see a better competitor.
As independent CXM consultants, we like Adobe Analytics but it would be irresponsible to suggest you rush out and buy a subscription tomorrow.
There’s work to do first.
Google will deprecate the current Universal Analytics platform in 2024. The company is encouraging users to establish GA4 properties now to collect enough data for a smooth changeover.
GA4 just about does the job for small brands and eCommerce businesses. But multinationals, brands with multiple properties, or platforms bringing in 1M+ monthly users will come up against the limitations of GA4 pretty quickly.
We typically recommend switching to Adobe Analytics over GA4 or the enterprise-level GA4 360, especially when the brand’s martech stack already has some Adobe tools.
We saw two significant changes in the data privacy landscape during 2022 that will almost certainly affect enterprise-scale web analytics.
In addition, at least five US states will start enforcing new CCPA regulations in 2023.
The start of a new year is a common time for licence renewals, budget refreshes, and customer experience strategy overhauls.If one of your resolutions is upgrading web analytics capabilities, consider the bigger picture before homing in on details like features and pricing. These five factors will put your martech investment in perspective.
You can also use TAP’s martech self-assessment tool to determine your business’ readiness to buy.
Data privacy laws are changing, but they mainly affect third-party data. Look at the changes as an opportunity.
By using Adobe Analytics to access first-party data, you can reduce reliance on third-party data without much friction. This not only helps with compliance, but can also enhance the customer experience by delivering the personalisation audiences expect.
The traditional marketing funnel is dead. Sorry if that’s upsetting news.
Users are increasingly engaging on multiple touchpoints and embarking on non-linear decision journeys. Being able to engage them at the right time with the right content on the right channel is the key to conversions.
Adobe Analytics helps to contextualise customer journeys, so you can create and deliver content that resonates.
Internal consultation is crucial to making a smart martech investment. Don’t assume that everyone is already on the same page; spend time understanding the needs of different teams within your organisation before committing to a tech stack.
Good quality data is the key to personalisation. Ensure your martech stack can collect, analyse, and act on the relevant data to deliver actionable insight.
Marketing budgets will always be a hotly contested issue. It’s time to change the conversation. Position marketing as a revenue generator, not a cost centre.
Adobe Analytics enables this paradigm shift with features like attribution modelling, predictive analytics, and life-cycle insights that demonstrate marketing’s contribution to revenue.
The key message is not to buy Adobe Analytics. Rather, it’s to reconsider how your strategy, team structure, and campaign management processes will fare in the new internet age.
In other words, get your house in order before investing in new technology.
If you need any assistance, TAP CXM are seasoned experts Get in touch with us to start a conversation. We’re always a step ahead when it comes to digital analytics and helping our clients excel in an ever-changing world.
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