Creativity Magazine

There’s More To Marketing Than Analytics & Efficiency

By Mrstrongest @mrstrongarm

There’s More To Marketing Than Analytics & Efficiencyblank vertical space, 24 pixels highThere’s More To Marketing Than Analytics & EfficiencyYou hear a lot about analytics these days: how brands need
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It’s supposed to make you more efficient: analytics tell you what worked and what didn’t, so you can create more of what worked.

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Sounds logical– what’s not to like?

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I’m not going to argue against analytics. It’s useful to know what’s resonating with your target audience. You’d be foolish to ignore that information.

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But numbers aren’t the whole story. If you follow them slavishly, you’ll limit yourself to what’s worked before. You’ll shy away from breaking new ground.

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Without consciously thinking about it, you’ll be more averse to risk, more apt to play it safe– and that’s the biggest risk of all for a brand.

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Ogilvy UK’s Rory Sutherland writes that data doesn’t always reveal the truth.

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What looked like gender bias in admissions at UC Berkeley, wasn’t. Aggregating the data produced a false impression.

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We have a modern, faux–scientific assumption that all information is good — and amassing more of it makes it better. Yet averages and aggregates often conceal more than they reveal.

Business and government decisions are now made by people high up the information chain, who… only have access to information in aggregate form, with all the salient discrepancies made invisible by the act of combining it.

There’s More To Marketing Than Analytics & Efficiency
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There’s More To Marketing Than Analytics & Efficiency
There’s More To Marketing Than Analytics & Efficiency
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Tricia Wang helps brands discover growth opportunities hidden behind their data.

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She talks about the importance of people’s stories, the emotional context, how people make sense of the world.

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She calls this information “thick data”: the sticky stuff
that’s difficult to quantify.

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Ms. Wang warns about quantification bias: valuing the measurable over the immeasurable.

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She says thick data (the human, derived from small samples) has to inform big data (the numbers, derived from large samples).

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To have impact, numbers need stories, and vice versa. You need both to get a true picture of what’s really going on.

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Thick Data often reveals the unexpected. It will frustrate. It will surprise. But no matter what, it will inspire. Innovation needs to be in the company of imagination.

There’s More To Marketing Than Analytics & Efficiency
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There’s More To Marketing Than Analytics & Efficiency
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