As the dynamic world of financial services marketing accelerates, keeping a tab on KPIs across digital platforms, events and PR initiatives becomes increasingly challenging. Is there a way for marketing teams to meet their reporting commitments, justify budgets, and still have time to run successful campaigns? Absolutely!
This article discusses how managed analytics services can help businesses of all sizes maintain a strong online presence and execute effective campaigns, without overloading their internal teams.
Lighten the Load with Outsourcing
Outsourcing involves handing over data analytics-related tasks to a specialized third party or agency. This approach holds significant benefits and is already being embraced by many businesses. Here's why:
Maximizing team productivity: Monitoring marketing analytics across multiple channels, including social media platforms, Google Analytics, YouTube, email analytics, and ad campaigns, let alone PR and event metrics, can be a monumental task. By outsourcing, the burden shifts, enabling teams to focus on creating successful campaigns and meeting other organizational responsibilities.
Avoid hiring specialized analytics staff: Having a full-time, dedicated employee for tracking insights and reporting data trends can be a substantial expense. Outsourcing eliminates this necessity, especially beneficial for startups or businesses in their early development stages.
Leverage expert skills: Data analysis is a complex field requiring specialized skills. Smaller teams, or those lacking expertise in tracking and interpreting marketing data, can benefit significantly from an agency's proficiency. This not only saves on employee training costs but allows teams to focus on other productive business tasks.
Access professional data-led insights: Outsourcing analytics can fuel business growth and help explore new marketing avenues. With expertly deciphered insights and trends, businesses can identify growth areas and gain a deeper understanding of customer trends.
The Outsourcing Advantage for Financial Services Outsourcing analytics not only alleviates internal pressures but provides a cost-effective way to gain actionable insights into prospect behaviors, compared to investing in internal standalone systems.
At Material Impact Marketing Communications, we've developed MiData, a system designed specifically for financial services marketers, including asset managers, fund administrators and industry membership organizations. MiData allows you to monitor your KPIs or metrics and demonstrate return on investment (ROI) across digital platforms, events, PR and more, within seconds.
Built on the world's leading analytics platform, MiData offers:
Customizable tracking: MiData is tailored to your business, aligning with your established KPIs and reporting format, minus any unnecessary details.
Time-saving visualization: Visualize all your marketing data effortlessly. Get your actionable insights, ready for presentation, within seconds.
Integration capabilities: MiData can integrate with virtually any other system, making it the central analytics hub across your business.
With the right data, beautifully presented and accessible within seconds, MiData can revolutionize financial services marketing. Say goodbye to the tiresome process of copy-pasting data.
Embrace MiData for accessible, flexible, and empowering marketing analytics that foster business growth and development.
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