Digital marketing campaigns generate a lot of data, from high-level revenue reporting down to program and channel-specific metrics. This data is a prerequisite for measuring ROI and campaign effectiveness, but that doesn’t mean it’s easy to understand.
It’s not uncommon for marketers to use a dozen different tools (third-party analytics apps, custom back-end systems, elaborate Excel spreadsheets) to track program performance and activity levels, and still only achieve a cursory understanding of how marketing initiatives connect with business goals.
These investments in disparate tools cost money, and if they don’t yield actionable intelligence, that becomes wasted money. Marketing spend on data analytics is expected to increase by 83 percent in the next three years, and yet, only 23 percent of companies have a concrete strategy for turning analytics into decisions.
Marketing dashboards pull data from multiple sources in real time and display it in a single location. They provide an at-a-glance summary of how campaigns are performing, giving both marketing specialists and C-level executives a single source of truth, and the ability to drill down for deeper investigation.
Marketing dashboards typically place most of their emphasis on reporting. They use dynamic visual aids (charts, graphs, heat maps, scatter plots, timelines, etc.) and plain text to illustrate a variety of key performance indicators (KPIs) and other data points. Here are some common examples:
Although there are some exceptions owing to the diversity of the software market, there are mainly two ways you’ll encounter marketing dashboards.
The best marketing dashboards will share some common characteristics. If you’re shopping for a solution that’s sustainable and easy to use, make sure it lines up with these attributes:
Easily customizable: A marketing dashboard should reflect your business priorities and role in the department. Many platforms allow users to customize dashboards by dragging and dropping widgets onto the interface. Certain higher-level data may be restricted to managers or executives using role-based access controls.
Mobile-friendly: There aren’t many marketers left who only work from the office. It’s important to have access to real-time insights whether you’re at work, at a conference, or doing a little after-hours catch up from home. Don’t invest in a marketing dashboard that isn’t mobile optimized — either through a native app (which is typically preferable), or at least a mobile web interface.
Scalable: Scalable means the dashboard can expand as your data projects grow and become more resource-intensive. It also means the dashboard will easily accommodate a wide variety of data sources. It should offer flexible APIs for custom integration and out-of-the-box compatibility with essential systems such as your CRM, marketing automation, ERP, and accounting software.
Cyfe is a web-based, all-in-one business dashboard that brings together data from marketing channels, web analytics, finance, sales, social media and more. The dashboard is free to use with up to five different data sources, but also offers a premium edition for businesses with more intensive needs (unlimited data, exports, user accounts, public URLs, etc.). Cyfe can also draw directly from many different services without requiring you to set up a subscription — like Moz web analytics, keyword ranking data, and social media networks.
GoodData is a cloud-based BI platform that specializes in “helping marketers understand their customer’s behavior and needs.” Their interactive dashboards use visualization tools and self-service discovery to help decision-makers understand marketing’s overall impact on the business, as well as gather tactical insights for specific campaigns and programs. GoodData’s solution for marketing analytics offers custom attribution models, channel ROI analytics, and conversion funnel tracking.
Sisense is a business analytics dashboard designed to help non-IT pros visualize and understand their data. It collates and organizes data from multiple sources through built-in connectors, a drag and drop interface, and custom filters. Visualization features include geographical maps, KPI gauges, line charts, scatter plots, and pie charts. The built-in connectors provide plug and play compatibility with popular marketing apps like Salesforce, Adwords, and Google Analytics, and Excel. It also offers a specific configuration for lead generation analytics.
Marketo is one of the biggest marketing automation vendors in the B2B space, with over 3,000 customers and an estimated 21 percent share of the market. Their software comes with numerous out-of-the-box dashboards and custom reports for analyzing cross-channel campaign revenue, comparing your results against competitors, monitoring the lead funnel, evaluating email campaigns, and more. Dashboards can be customized according to user role and are displayed under the “Analytics” tab in the web application.
Hubspot is a cloud-based marketing automation platform built primarily for B2C inbound marketing, although it does have a full range of lead management features. HubSpot offers a number of ways to visualize marketing data, including an overview dashboard and numerous on-demand reports (revenue analytics, channel performance, email analytics, lead/sales funnel, attribution, sources).
Infusionsoft is a complete sales, marketing, and ecommerce solution for designed for small teams. The marketing automation side of their platform provides dashboard analytics through its reports tab, which includes web, social, and email stats, campaign visualization, and lead tracking. Although Infusionsoft’s analytics are less sophisticated than other solutions, it still provides good overall value, considering a single subscription price covers marketing automation, CRM, ecommerce, and basic BI.