Business-Critical KPIs
Business-Critical KPIs
Nearly nine in 10 consumer companies surveyed say they track customer experience (CX) KPIs such as customer lifetime value and customer retention. Today, most internal marketing organizations can capture and assess CX-related performance of owned media—website interactions, for example—and internally managed advertising and marketing campaigns.
In contrast, outside agencies rarely have access to a brand’s customer data, making it very difficult for them to measure and optimize campaigns against customer-focused KPIs. As a result, paid media campaigns managed by outside agency partners often cannot measure campaign performance in ways that connect specifically to CX objectives. For example, agencies working on behalf of their clients are less likely to track customer lifetime value than even consumer companies with low measurement maturity.
This disconnect between agency and brand measurement capabilitieOKs makes it difficult for many brand marketing organizations to fully integrate paid-media campaign measurement with owned-media marketing campaigns—a capability that is increasingly important as customers seek cohesive brand messaging.
Going forward, marketers should reimagine transparency, ownership, and management of campaign data and measurement capabilities.Nearly nine in 10 consumer companies surveyed say they track customer experience (CX) KPIs such as customer lifetime value and customer retention. Today, most internal marketing organizations can capture and assess CX-related performance of owned media—website interactions, for example—and internally managed advertising and marketing campaigns.