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Showing posts with label tracking. Show all posts
Showing posts with label tracking. Show all posts

Wednesday, August 9, 2023

Marketers fall for the streetlight effect

By Ariella Brown

There are more things in the buyer's journey than are dreamt of in your tracking system. 

Illustration of the streetlight effect or the drunkard's search

The mistake marketers, especially SaaS B2B marketers, make in focusing on what is easy to measure rather than on what is truly meaningful reminds me of an old joke that has gained the distinction of the name "the drunkard's search" or the streetlight effect."


It goes like this:

A police officer sees a drunken man searching the ground under a streetlight. He asks what he's looking for, and the man answers that he dropped his wallet (or a quarter or keys in some versions).

The policeman aids him in the search for a few minute but doesn't find anything. He then ask the man if he's certain he dropped it there.

No, he said, he dropped the wallet across the street.

"Then why are you looking here?"
“The light is better on this side." 

In the same way, B2B marketers go for the light -- whatever is easily tracked -- even if the key information like what really made an impression on the customer cannot be found in the click stats and the like. The actual trigger that converted the prospect into a customer may not be something you sent at all but a recommendation on a review site or even one given orally by a friend. 

But you wouldn't likely discover that if you limit your understanding to what your analytics tell you about your site, blog, and social media content. 







Wednesday, May 2, 2018

Gold Standard Tracking with Blockchain

Conflict minerals making their way into the electronic supply chain presents a challenge to companies
that want to act both legally and ethically. Tracing such minerals to their source is not straightforward or simple. Blockchain technology can solve that problem.
The Responsible Gold supply chain  is designed to track “responsibly sourced gold from mine, to refinery, to vault.” It’s put out by Emergent Technology, and has first been applied to gold mined by Yamana.

Read more in 

Blockchain & the Gold Standard for a Conflict-Free Supply Chain

Friday, July 24, 2015

Good data should not come at the cost of Goodwill

 https://upload.wikimedia.org/wikipedia/commons/a/a9/2008-08-04_CVS_Pharmacy_in_Durham.jpg
CVS recently ran an experiment that's generating a lot of buzz online. Unfortunately, it's not the kind of customer reaction retailer likes to get.
The drugstore giant chose the week of July 12 to deviate from its usual offer of special coupons or promotions in printed circulars. They were betting that what they gained in data insight for the week would be worth the price of alienating some customers.
- See more at: http://www.baselinemag.com/blogs/dont-sacrifice-goodwill-for-good-data.html#sthash.V3PGO2I9.dpuf

Thursday, June 18, 2015

It's all about the delivery


http://aomc.com/wp-content/uploads/2015/02/logistics.jpg
I planned to write on this topic before the Target incident. But once it happened, I felt its inclusion really highlights how getting shipping right is so essential for businesses today.

When was the last time you paid for shipping? Some would have to think a while for the answer because so many of us select the "free shipping" options available for online orders.  In truth, though, shipping services are never really free. Their cost can be quite significant, particularly for businesses that that operate in the supply chain.
Shipping is lifeblood of a supply chain business.....

We can see the difference in delivery services from retailers who optimize their shipping and those who don't in our own experience.  I ordered a few items on Target.com on May 28. The email confirmation gave a range for delivery for all the items of June 3 to 5. June 5 arrived, as did some of the items, but not all of them. The UPS tracking information provided still showed June 5 as the date of arrival, despite a notation of a delay on a truck, as confirmed by a Target representative on the phone.  The UPS man who delivered part of the order assured me that there was no way another shipment would come before Monday.

His prediction turned out to be correct, and that was the only insight I gained from UPS, which failed to give me a new arrival time despite my request for information via email.  (Note: Both Target and UPS claimed to want to help when I tweeted about it, but only Target offered some conciliation in the form of a $10 gift card.)

Read more in 

Logistics Don’t Always Deliver Joy Thanks to UPS for inspiring the title with its own tagline

Thursday, May 7, 2015

IoT to boost supply chain to the tune of $1.9 trillion

"We're all connected" served as the tagline for New York Telephone back in the last century.  That was way before people envision the level of connection made possible by the Internet of Things.  We've come a long way and will go much further, according to the forecast of a recent trend report from DHL and Cisco on the positive impact IoT will have for supply chains.
Read more in 

IoT to Deliver $1.9 Trillion Boost to Supply Chain

Wednesday, October 1, 2014

SaaS for smoother college applications

Students have just gone back to school, but seniors already have to start thinking about the next step: applying for college. One of the newest programs in the space is Edswell, which publicly launched its platform early in September. It can help students and those who guide them through every step of the application process, including the dreaded essay.
I contacted the company's founder and CEO, Alex Thaler, to get the inside story on this SaaS platform, which is currently used in by students in a number of cities, including Beijing, Los Angeles, and Detroit. Thaler explains that, although there are already SaaS programs designed for college counselors available, such as Naviance and Career Cruising, Edswell is unique in offering "support for the application essay, the most time-intensive and anxiety-provoking part of the application process."

Read more in 

Cities Smooth the College Application Process

Wednesday, May 7, 2014

The quantified swoon, or how readers fall for Mr. Darcy

Personally, I've never had a crush on Mr. Darcy -- in book or film form. But I see I'm very much in the minority here. You just can't argue with data. 

I wrote about the kind of data Oyster Books and similar services pick up on their readers a little while back in Reading & Being Read by E-Books
Now Oyster is sharing its data to track readers' fascination with Mr. Darcy. Here's the infographic that was shared by Huffington Post:








Monday, January 6, 2014

Cellphone tracking: a matter of protection or loss of privacy?

With the right equipment, anyone can trace where we are through our phones. Whether and how this technology is used has been a source of controversy for years.
One of the latest flare-ups is police use of Stingrays. In this context, it's not a type of fish but the brand name of an International Mobile Subscriber Identity tracking device.
Read more in 

Cellphone Tracking: Protection vs. Privacy