Don't accept generic reports filled with vanity metrics like web traffic. A valuable marketing partner translates data into business insights, explaining what the numbers mean for your actual leads, conversions, and revenue, and how they will adjust strategy accordingly.
Metrics like "Marketing Qualified Lead" are meaningless to the customer. Instead, define key performance indicators around the value a customer receives. A good KPI answers the question: "Have we delivered enough value to convince them to keep going to the next stage?"
A CMO was fired despite creating a $50M pipeline because it targeted the wrong customers who wouldn't renew or expand. Marketers can secure their roles and prove business impact by demonstrating how their efforts contribute to NRR, the company's true health metric.
To prove business impact beyond vanity metrics, define success by aligning with key departments *before* the campaign starts. Executives want pipeline, product wants trials, and customer success wants retention. This prevents a disconnect where marketing celebrates impressions while leadership asks about revenue.
Many founders operate on flawed assumptions about how they acquire customers. Analyzing marketing data often shatters these myths, revealing that sales and traffic come from unexpected sources. This discovery points to untapped growth opportunities and where marketing energy is best spent.
While a performance dashboard is important, a data-driven culture bakes analytics into every step of the marketing system. Data should inform foundational decisions like defining the ideal client profile and core messaging, not just measure the results of campaigns.
To achieve true alignment with sales, product, and finance, marketing leaders should avoid marketing jargon and subjective opinions. Instead, they should ground conversations in objective data about performance, customer experience gaps, or internal capabilities to create a shared, fact-based understanding of challenges.
Look for a marketing partner who will educate you and your team, not just execute tasks in a black box. The most valuable agencies explain the 'why' behind their strategies, leveling up your entire organization's marketing knowledge and fostering a more collaborative, effective relationship.
Shift the mindset from a brand vs. performance dichotomy. All marketing should be measured for performance. For brand initiatives, use metrics like branded search volume per dollar spent to quantify impact and tie "fluffy" activities to tangible growth outcomes.
Instead of starting with available data, marketers should first identify and rank key business decisions by their potential financial impact. This decision-first approach ensures data collection and analysis efforts are focused on what truly drives business value, preventing 'analysis paralysis' and resource waste.
Focusing on metrics like click-through rates without deep qualitative understanding of customer motivations leads to scattered strategies. This busywork creates an illusion of progress while distracting from foundational issues. Start with the qualitative "why" before measuring the quantitative "what."