Page 8 - AeM_July_2022
P. 8

RESEARCH, ANALYSIS & TRENDS















































             Product Analytics has overtaken legacy

             marketing analytics to measure digital


             customer experiences




            Amplitude  just  released  the  survey  report       to anticipate their expectations. This deep understand-
            "Making  the  Leap  to  a  Digital-First  Enterprise"   ing  of  customers  requires  real-time  insight  and  data-
            that  shows  the  shift  in  how  digital  business   driven agility that goes beyond the traditional measure-
            leaders  are  measuring  the  impact  of  digital    ment  systems. Tracking  website  visitors,  demographic
            experiences in the new era and how businesses        data,  net  promoter  score  (NPS),  and  baseline  dash-
            could thoughtfully transition to digital-first.      board metrics no longer suffice as complete and holistic
                                                                 indicators of customer preferences and behaviors. Re-
            With Harvard Business Review Analytic Services, Am-  lying on centralized systems, IT teams, and static cus-
            plitude  examined  how  companies  can  meet  their  data   tomer surveys creates bottlenecks and data silos, and
            challenges, gain a competitive advantage, and improve   detaches  the  teams creating  the  customer  experience
            customer engagement in an era of digitization. The re-  from powerful customer insights. Digital customers are
            port includes insights from 295 global business execu-  savvy, dynamic, and fluid. Businesses need new strate-
            tives  at  companies  ranging  in  size  from  hundreds  to   gies and systems that enable them to keep pace,” Jen-
            tens of thousands of employees, across a variety of key   nifer  Johnson,  Chief  Strategy  and  Marketing  Officer,
            industries.                                          Amplitude, explains in the report’s introduction.

            “Embracing a true digital-first mindset is more than set-  In a nutshell, the report uncovered five new pillars criti-
            ting  an  intention  and  relies  on  a  business  bringing   cal to laying the foundation for digital business success
            teams closer to the edge between their digital products   in the new digital-first era, including:
            and their customers to meet them where they are, and

                                                               8                              July 2022: Search Marketing
   3   4   5   6   7   8   9   10   11   12   13