Online marketers are in a unique position when it comes to tracking
their campaigns and activity on their web sites. Imagine being able to
follow a passer-by from the moment they see your poster, then finding
out whether they visit your shop, which products they look at and
whether they end up buying. Or think about knowing exactly how many
people have viewed your TV ads, whether they remember them a few minutes
later and if they take any action based on what they have seen. All
these things are easy to track online.
The problem that online marketers face is not a lack of data - it is an
ability to turn raw statistics into something useful. The danger of
becoming completely overwhelmed by data is a very real one, particularly
as there are few agreed metrics when it comes to online measurement.
In a sense, this is quite liberating, as marketers are free to use the
metrics that are unique to their own particular marketing challenge. But
making up a formula for every campaign rather than relying on
industry-wide agreed measurements takes time and resources. And everyone
knows that the greater the amount of statistics available, the more
figures can be manipulated to come up with a favourable result. This is
why industry bodies and the larger media owners are working hard to
develop comparable standard metrics to cover all aspects of online
research.
Discussions about online research tend to concentrate on quantitative
statistics, whether these arise from panel-based techniques or
site-focused measurement. But the internet is increasingly playing a
role in qualitative research, with surveys being used to gain feedback
on everything from specific online ad campaigns and web sites to wider
aspects such as brand development, new product development and
research.
It seems that consumers feel that they can be more open when they are
protected by the anonymity of the internet than when they are stopped in
the street by someone brandishing a clipboard or chatting on the phone
to a call centre-based researcher. So the next generation of online
marketers should be using the internet as a market research tool as well
as a tracking instrument.