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ANA Sales Marketing Analytics Benchmark Report
ANA Sales Marketing Analytics Benchmark Report
ANALYTICS
GAUGING AND OPTIMIZING PERFORMANCE
TABLE OF CONTENTS
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INTRODUCTION
In other words, we shouldn’t have an analytics process just to stay out of trouble, but to help our sales
and marketing teams perform at their highest level.
This study’s
focus is to understand the tools, technologies, data and processes that organizations are using to do sales and
marketing analytics.
It is hoped that the benchmarks this study provides will help advance the state of sales and marketing analytics.
No matter how robust an organization’s analytics prowess, if there is little or no collaboration and sharing of results,
the good that can come from the process is significantly hindered.
EXECUTIVE SUMMARY
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EXECUTIVE SUMMARY
For those organizations that have a sales and marketing analytics process, 81% report that its importance is
moderate to significant to the organization.
Overall satisfaction with the tools used for analytics is low, with 68% of the study sample reporting satisfaction
levels of “Neutral”, “Dissatisfied” or “Very dissatisfied”.
54% of study participates share that their analytics process is moderately to very effective at influencing or enabling
better decision-making.
The top motives for analytics efforts are driving revenue, tracking or maximizing the performance of marketing and
to demonstrate the value of marketing.
Collaboration during the analytics process and sharing the results both have strong relationships to influencing or
enabling better decision-making.
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RESEARCH METHODOLOGY
Type of Organization:
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STATE OF THE ANALYTICS PROCESS
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STATE OF THE ANALYTICS PROCESS
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
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STATE OF THE ANALYTICS PROCESS
Far more organizations (86%) do have some kind of
analytics process
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
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CURRENT ANALYTICS TOOLS & DATA SOURCES
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
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CURRENT ANALYTICS TOOLS & DATA SOURCES
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
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CURRENT ANALYTICS TOOLS & DATA SOURCES
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
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CURRENT ANALYTICS TOOLS & DATA SOURCES
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
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MOTIVATION FOR ANALYTICS
Whether the goal of an analytics effort is to keep all the sales and marketing gauges “in the green” or to model the
probable outcome of an action, the result is the same: to enable a better decision.
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MOTIVATION FOR ANALYTICS
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
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MOTIVATION FOR ANALYTICS
It’s not difficult to make the argument that most of the motives listed after the first one in the graph on the previous
page are secondary, with the primary motive being: drive revenue.
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EFFECTIVENESS OF ANALYTICS PROCESSES
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TYPES OF ANALYTICS PROCESSES
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
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TYPES OF ANALYTICS PROCESSES
Regarding the types(s) of analytics in use by an organization, there is another relationship that bears examination: The
effectiveness of the results of these analytic processes at influencing or enabling better decision-making.
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TYPES OF ANALYTICS PROCESSES
However, five of the eight types of analytics did have a statistically significant relationship to decision-making
effectiveness, presented here in rank order:
With the exception of marketing analytics, the types of analytics that are most influential and
the best enablers of better decision-making are the least frequently employed.
They are more advanced. The top three – predictive, geospatial and attribution analytics – are more
complex, typically requiring specialized data and more advanced skills.
TYPES OF ANALYTICS PROCESSES
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
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ROLES
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
However, to perform the types of analytics that this study has already revealed are most impactful, organizations need
the technical ability referenced in the first two skill areas listed above.
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ROLES
One role was a negative predictor of effectiveness: Marketing team member, the most common role involved in sales
and marketing analytics.
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COLLABORATION
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
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COLLABORATION
It seems intuitive that greater collaboration in the
analytics process should lead to more effective
decision-making, and it does as depicted in the chart
to the left.
An analysis of this collaboration data and the tools in use data revealed that some tool choices do predict collaboration:
There was also one tool choice whose use actually lowered collaboration: spreadsheets.
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SHARING
Sales & Marketing Analytics Benchmark Report, Demand Metric, December 2013, n=300
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SHARING
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SHARING
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SHARING
However, organizations that use analytics most effectively have developed transparency around the results, having
learned how to use them to gain agility in making strategic decisions, and not use them to punish people or
departments.
The analysis reveals that no single tool in current use provides a statistically significant advantage over another when it
comes to sharing, with one very notable exception: spreadsheets.
Organizations that rely on spreadsheets for analytics must have awareness of these limitations and either replace
spreadsheets or supplement their use with other tools that facilitate sharing.
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ANALYST BOTTOM LINE
Many sales and marketing leaders are intimidated by analytics.
Motives: understand what you’re trying to get out of the analytics process.
Tools: select the tools that best help you perform the type of analytics you are pursuing.
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ANALYST BOTTOM LINE
Collaboration and Sharing: recognize that the analytics process is more than bean counting and crunching numbers.
Quite simply, a sound analytics process will amplify sales and marketing’s voice in the organizations they serve.
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ACKNOWLEDGEMENTS
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ABOUT DEMAND METRIC
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Benchmark Report
© 2013 Demand
© 2013 Demand Metric Research Corporation. Metric Reserved.
All Rights Research Corporation. All Rights Reserved.