-
Written by Christopher Van Mossevelde
Head of Content at Funnel, Chris has 20+ years of experience in marketing and communications.
Unorganized marketing data doesn't communicate clearly. It creates a cacophony of competing signals, such as "Look at this metric!” "No, this trend is more important!" or "Wait, don't ignore this anomaly!"
Maybe your CTRs, conversion rates and customer acquisition costs all vie for attention while your ROAS and ROI get lost in the uproar. The problem isn’t that your data lacks intelligence or insights. It’s that you can’t develop an understanding of what’s happening with your marketing when data is more noise than narrative.
The great irony is that more data should mean better decisions, not bigger headaches. That only happens if your data can be a unified chorus rather than competing voices. When we're done, you'll finally hear what your marketing data has been trying to tell you all along, and trust us, it’s been dying to talk.
What is marketing data?
Marketing data is every signal your audience sends when interacting with your brand. The individual metrics form a chorus of voices trying to tell you something. Some voices are loud, others barely audible, but each click, conversion, abandonment and engagement attempt to communicate customer intent.
Each platform speaks its own dialect, too. Social media may shout in impressions while email whispers in open rates. This chorus is chaotic not just because these voices never stop but because they're telling their stories across dozens of disconnected platforms and tools. Understanding this cacophony is the difference between making strategic decisions and wild guesses.
Types of marketing data
Your data chorus has metric members from many sources, each with different levels of reliability and tone.
- First-party data: This information comes directly from your audience through owned channels and platforms. These VIP soloists speak directly to you with clear, trustworthy voices from your websites, apps and CRM.
- Third-party data: This information comes from sources other than your audience. These background singers are borrowed from other stages and are increasingly regulated and less reliable.
- Behavioral data: These records of how customers interact with your content, products and marketing are animated performers that sing with actions rather than words.
- Demographic data: These are audience characteristics, such as age, location, income and education. They’re like steady bass notes that provide essential context to interpret other data points.
- Psychographic data: These psychological attributes, values, interests, attitudes and lifestyle choices are the emotional undertones that reveal why your audience makes decisions.
Distinguishing between these voices helps you identify which ones deserve the spotlight and which should inform your important marketing decisions.
Types of marketing analytics
Think of the different types of marketing analytics as the skilled conductors you need to transform your symphony of marketing efforts into insights.
- Descriptive analytics: This quantitative summary of what has already happened is like your historical repertoire that says, "Here's what we sang yesterday and how the target audience responded."
- Diagnostic analytics: This analysis is like an investigation into the causes and effects behind your marketing results. It explains why specific notes fall flat, like "That high note failed because the timing was off."
- Predictive analytics: This use of statistics and modeling forecasts future outcomes. It predicts which songs will resonate tomorrow, saying things like, "Based on rehearsals, this new arrangement will be a hit."
- Prescriptive analytics: These are recommendations for specific actions to achieve desired outcomes. This demanding director instructs, "increase ad spend on Platform A and pause Campaign B."
Each analytical approach teaches you to interpret your marketing data and understand what it has been singing at you all along.
Meet the marketing data characters in your dashboard
Not all marketing data deserves the same level of attention. Some customer data reveals genuine knowledge that drives decisions, while others are merely vanity metrics wearing a disguise.
An unorganized chorus of marketing data is overwhelming.
If you don’t distinguish between these characters, you won’t be able to separate meaningful signals of intent from meaningless noise like:
- Abandonment rate: "They filled me up with products, then ran away at the sight of your shipping costs! Your free shipping threshold is practically begging people to abandon!"
- Bounce rate: "They visited your page for 0.5 seconds and fled. But was it really terrible, or did they instantly find what they needed? I'm dramatic but context-dependent!"
- Click-through rate (CTR): "Hey, marketer, they're clicking on me like crazy, but are they actually interested or just have twitchy fingers? Without conversion context, I'm just a vanity number in disguise."
- Churn rate: "I'm the metric everyone tries to hide. Acquisition gets all the glory while I quietly erase their progress each month. Maybe fix the product instead of the marketing?"
- Conversion rate: "Sooooo close to getting them to buy... wait, nope! They changed their mind again. Is it your form fields? Your shipping costs? The credit card field? I'll never tell!"
- Cost per acquisition (CPA): "Marketing says I'm $50, Sales says I'm $80 and Finance says I'm $120. We're all looking at the same customer... make up your minds, people!"
- Cost per click (CPC): "Ka-ching! Rising every month as more competitors join the auction. Remember when I was under a dollar? Those were the days!"
- Customer acquisition cost (CAC): "I keep rising every quarter while your boss asks why. Spoiler: your audience might be fatigued, but who knows!"
- Customer lifetime value (CLV): "I'm your most important metric but based entirely on projections and hope. Your forecasting assumes customers stick around but churn has other plans."
- Engagement rate: "All these likes and comments! But when was the last time someone commented, 'Just purchased and loved it!' Engagement doesn't pay the bills."
- Impressions: "I look impressive on your reports with all those zeros. But half of these were below the fold or scrolled past in 0.2 seconds. Still want to report me to the CMO?"
- Return on ad spend (ROAS): "I'm trying to tell you if your digital marketing campaigns are profitable, but I'm only as reliable as your attribution model. Yesterday, I said Facebook was killing it; today, it looks like a money pit!"
- Return on investment (ROI): "I'm the metric your CFO actually understands but you're calculating me differently across every channel. No wonder your budget meetings are a bloodbath!"
- Session duration: "Eight minutes on your site! Victory! But wait — are they engaged, or did they just leave their browser open while getting coffee? I measure time, not attention!"
Some metrics speak volumes about real customer intent and behavior, while others simply make noise that distracts from true performance indicators. Learning to distinguish between these voices is the key to building dashboards that drive genuine insights rather than false confidence.
How to make sense of your marketing data’s voice
Analyzing marketing data requires a systematic approach, like teaching people to sing harmoniously.
The process involves collection, translation, filtering, visualization, interpretation and action. Each stage builds on the last to transform raw numbers into a coherent dialogue that is easy to understand.
Step 1: Get all data in the same place
Managing marketing data on separate platforms is like conducting a choir with singers scattered across different buildings. Each platform speaks its own language, which creates a deafening cacophony that prevents strategic insights from being heard.
The first step toward clarity is getting all these voices in one place. Focus on getting data from the highest-priority platforms in one data hub and work toward collecting data from all sources, such as paid media, organic social, web analytics, CRM and conversion data.
The first step to unified marketing analytics is connecting all your data sources in one central platform.
When importing your data, it’s important to:
- Implement consistent naming conventions across platforms.
- Use platform-specific credentials rather than shared logins.
- Establish regular data syncs aligned with your reporting cadence.
- Always keep original data sources as backup.
This will allow you to normalize your data and create consistent measurement standards. Your data hub will become an acoustic space where real harmony is possible.
Step 2: Normalize your data
Before meaningful analysis can begin, you need to translate all your marketing data’s different voices into one language through a process called normalization.
Normalization standardizes metrics across platforms by creating consistent naming conventions and calculations with a taxonomy that works across all channels. Funnel's intelligent campaign name decoding splits fields into usable components, letting you apply different rules across your marketing team.
Normalizing metrics brings clarity to cross-platform data by standardizing definitions and calculations.
If you’re not working with a tool like Funnel to normalize data, start by mapping platform-specific values to the metrics that measure your most important business outcomes. Custom metrics tend to reflect business goals better than platform defaults do.
For example, currency conversion might be critical for measuring ad performance. In this case, you’d want to set up automatic conversions and update them monthly to maintain reporting stability. Remember that normalization isn't a one-time project but an ongoing refinement process.
Step 3: Model your data
Data modeling serves as the conductor's direction for your marketing orchestra; it brings essential structure to the noise of raw information. At Funnel, modeling is powered by a triangulated framework that runs natively within the platform. This includes three integrated measurement methods:
- Marketing mix nodeling (MMM) for macro-level insights, forecasting and incorporating both marketing and non-marketing effects — even offline media. It analyzes aggregate time-series data like a bass section, providing the foundation for your data choir. It reveals how marketing channels perform together at the macro level, capturing the full chorus, including offline channels that other methods miss.
- Multi-touch attribution (MTA) using advanced machine learning models (including LSTMs) to assign value across digital touchpoints. It tracks customer interactions in a way that's similar to following specific soprano voices. It sheds light on the customer journey across digital touchpoints, showing which specific campaigns resonate with your audience.
- Incrementality testing (like geo-lift or A/B tests) to scientifically validate what's truly driving performance, feeding directly into model calibration. It functions as your choir's tuning fork, ensuring accuracy. It scientifically tests which marketing activities drive results, keeping other measurement voices honest through controlled experiments.
Three measurement approaches work together to give you a complete picture of marketing impact.
The integration of these approaches creates a harmonious performance where insights complement rather than compete. It’s one of Funnel's key differentiators because instead of choosing just one method, the models work in harmony to deliver a complete and accurate view of marketing impact.
Step 4: Visualize your data to tell a unified story
Raw numbers rarely tell a compelling story. Visualization transforms them into visual patterns our brains naturally comprehend. It's like the performance that allows everyone to hear all the songs in your marketing orchestra.
Different chart types serve as instruments in this ensemble:
- Line charts track changes over time. They might be the melodic lines that reveal campaign performance, for example.
- Bar charts compare categorical data, such as distinct sections of your ensemble. They could be used to show relative channel performance clearly, for example.
- Stacked column charts are like layered harmonies. For example, they might show how various campaigns build toward total revenue.
Creating harmony requires a consistent visual language across dashboard components rather than competing styles. Strive to use color strategically without creating rainbow-colored visual noise. A minimalist approach to graphs with intentional whitespace makes them easier to read.
Step 5: Make predictions
You can use data to anticipate future marketing performance like a conductor who hears the symphony before the first note. That's the promise of predictive analytics.
Funnel's AI-powered modeling forecasts how your marketing will perform across channels, using daily updates and real-time data to stay ahead of change. You'll gain predictive insights like:
- Marginal ROAS and CPA to understand where your next dollar will work hardest
- Saturation thresholds to catch diminishing returns before performance drops
- Optimal budget allocation based on cross-channel trends
- Scenario planning that lets you simulate "what-if" media strategies and compare outcomes
Funnel's triangulated measurement framework orchestrates this forecasting symphony, with each approach playing its essential part: MMM conducts strategic forecasting across all channels, including offline media. Multi-touch attribution with advanced LSTM models reveals how each touchpoint contributes to the conversion melody. Incrementality testing tunes the entire ensemble, validating what drives impact and continuously improving model accuracy.
You can use Funnel's outputs to dig deeper:
- Identify performance trends using moving averages.
- Review seasonality patterns and correlate spend with conversions.
- Monitor regression outputs and test assumptions with cohort analysis.
- Track predictions against actual results to refine your strategy over time.
With Funnel, predictive modeling becomes a natural part of your measurement workflow. It's like having a conductor who hears the symphony ahead of time and shows you exactly which instruments to feature.
Step 6: Take action
Much like a conductor transforming musical notes into beautiful sound, your data becomes valuable only when it triggers specific actions. Your customer marketing data should automatically set the appropriate response in motion.
For example, when campaigns hit efficiency targets, you might want to adjust your digital ad bids. You could automate this process when you see a recurring pattern in your efficiency data so that actions, like reallocating spend across channels, happen without your interference.
Let your marketing data speak (the right way!)
We began with marketing data as a room full of confusing voices. By following the systematic approach outlined here, that chaos could transform into meaningful insights that guide your marketing strategy. But in reality, marketing data will never achieve perfect harmony.
Sales and marketing teams get the most value from data when we accept this reality and embrace the iterative nature of data-driven decision-making.
Time to tune your instruments and let your data sing about your next marketing success. Get started with Funnel for free today.
-
Written by Christopher Van Mossevelde
Head of Content at Funnel, Chris has 20+ years of experience in marketing and communications.