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To analyze digital marketing data, first, choose appropriate metrics such as visibility (impressions, reach), engagement (click-through rate, time on site), and conversion metrics (conversion rate, sales). Then, add context by comparing performance versus cost, date range, goals, rates, and benchmarks. For example, comparing the conversion rates of different campaigns or channels can provide insights into their effectiveness. Lastly, segment the data by campaign, channel, audience, content, objective, and date to identify specific trends. For instance, comparing the engagement rates of different content types or analyzing the conversion rates based on different target audiences can offer valuable insights.
A digital marketing dashboard is a visual tool that displays key marketing metrics and KPIs, enabling businesses to track performance, make data-driven decisions, and achieve their goals. It often includes elements like traffic sources, conversion rates, customer engagement, and ROI. Real-time data monitoring is crucial as it allows for immediate response to trends or issues. For a comprehensive guide on creating a marketing dashboard using Looker Studio, visit our YouTube channel: https://www.youtube.com/@porter.metrics.