A Marketing Analytics Framework

Part of the Periodic Table of Marketing

The elements of a marketing analytics framework

Analytics

Analytics turns data into actionable insights, helping you understand customer behaviour and measure campaign performance. Data-driven decisions enable you to optimize your efforts in real-time, reduce guesswork, and enhance your ROI.

Attribution

Attribution modelling helps marketers understand the customer journey by giving credit to various touchpoints that lead to a conversion. This allows for data-driven decisions, enabling businesses to optimize their budget for a higher ROI.

Augmentation

Data augmentation enriches existing data with new information, giving marketers and sales teams a more holistic view of the customer. This allows for the creation of richer personas and more accurate predictive models, leading to personalized, targeted strategies that drive better outcomes.

Big Data

Big data transforms marketing and sales by turning guesswork into data-driven decisions. Analyzing vast datasets provides deep insights into customer behaviour, enabling highly personalized campaigns and optimized strategies for a better return on investment.

Bots

Bot Mitigation protects data and budgets from fraudulent activity. By blocking malicious bots, businesses ensure their analytics are accurate, optimize ad spend, and achieve a higher ROI. It’s a key way to protect brand reputation and improve customer experience.

Campaigns

Campaign Tracking provides real-time data on campaign performance, allowing marketers to measure effectiveness. This insight enables data-driven decisions, helping businesses optimize their budget, refine messaging, and improve their ad strategy.

Cleansing

Data cleansing is a foundational process for effective marketing. By identifying and correcting errors, it ensures that data is reliable and accurate. This leads to better insights, more precise targeting, more efficient processes, and a higher ROI.

Dashboards

Dashboarding is the visual command center for marketing and sales. It provides a real-time view of key performance indicators (KPIs), allowing teams to quickly monitor progress and spot trends. This makes it easier to make data-driven decisions and keeps everyone aligned on goals. 

KPIs

Key performance indicators are essential metrics that measure marketing and sales success. They turn a strategy into quantifiable targets, tracking progress and identify areas for improvement, aligning effort with business goals.

LTV

Customer lifetime value (LTV) measures a customer’s long-term profitability, shifting focus beyond a single sale. It enables informed decisions on acquisition costs and  retention efforts, leading to sustainable growth and profitability.

Offline

Offline tracking bridges online marketing to real-world results. It measures how offline media drive physical actions, like in-store visits or phone calls. By connecting these touchpoints, businesses gain a complete view of the customer journey.

Reports

Reporting turns data into strategy. It provides a clear view of performance, allowing teams to measure performance and identify opportunities. Without consistent reporting, a business operates on guesswork, making it impossible to align or optimize efforts.

Segments

Segmentation is the strategic process of dividing a broad audience into smaller groups. This allows teams to create highly personalized content and campaigns that speak directly to specific needs, delivering the right message to the right people.

Tagging

Tag Management gives marketers the agility to deploy tracking codes quickly and independently. This ensures data accuracy, improves website speed, enables value-based logic, facilitates compliance, and allows for faster testing and campaign launches.

A framework for marketing analytics

The Periodic Table of Marketing is a proprietary marketing strategy framework that enables organizations to:

  • Audit the components of the marketing mix
  • Identify marketing risks and opportunities
  • Prioritize marketing tactics
  • Optimize the marketing and sales funnel

This strategic marketing framework comprises 14 Tactical Groups, all representing a vital part of a high-performance marketing engine. Each group contains Marketing Elements, each a key component to tactical success.

Investigating and documenting the status, opportunities, and priorities of each Marketing Element provides organizations with a clear marketing roadmap, showing what they should do next to push the needle.

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Practical Use

The Periodic Table of Marketing framework is used to audit, document and prioritize marketing risks and opportunities. This typically starts with a full audit or a partial audit (limited to one or multiple Tactical Groups). 

The audit provides a roadmap and a visual overview in a spreadsheet, showing the current status of each Element and providing practical recommendations to improve performance. The recommendations can be implemented in-house or through an agency.

As every component of the marketing mix acts as a multiplier, every improvement leads to a more effective and robust marketing engine, improving brand equity, conversion rates, and sales.

 

Give it a try!

A Google Ads account is a treasure trove of information, as it touches many parts of the marketing mix: targeting, messaging, KPIs, branding, budgets, CRO, and more.

Order your free Google Ads audit to see how the Period Table of Marketing can assist you in meeting your marketing goals.