The retail industry depends heavily on digital marketing, and consequently, that makes online advertising very competitive. The online marketplace brings additional challenges that don’t exist in the brick-and-mortar world. Products, prices and even competitors change rapidly, sometimes by the minute.
To have any hope of achieving a positive return on advertising expenditures, online retailers must analyze what is working and what isn’t. While most digital marketers have an analytics program, such as Google Analytics, in place, more than half of them aren’t using analytics effectively.
These issues were the focus of a conversation I had with Eric Vidal, an Editor & Chief Content Officer, on this episode of “Marketing Mash,” a video series produced by The Marketing Scope. Watch the video, “Why Digital Marketing Analytics Is Important for Retail Sales,” to learn some best practices in applying analytics to digital marketing campaigns.
