A LinkedIn study highlights five key developments in how companies are improving their marketing measurement methodologies, drawing on views from leaders at major businesses such as Microsoft, ServiceNow, and PwC.
1. Revenue-Centric Metrics
Marketing teams are shifting from cost-per-lead analytics to revenue-based measurements. They utilize integrated CRM tools to connect marketing efforts directly to sales outcomes. Rather than depending on Marketing Qualified Leads (MQLs), businesses are now emphasizing sourced and influenced pipeline KPIs to effectively evaluate marketing’s impact on revenue. This approach aligns with company leaders’ emphasis on customer acquisition, opportunity development, and marketing ROI over traditional engagement metrics.
2. ROI Frameworks for Brand Marketing
Marketing teams need to show the financial effect of brand development to CFOs. They achieve this by tracking revenue-related KPIs and separating brand and demand generation budgets. Companies are also focussing on high-value accounts and evaluating both engagement metrics and pipeline influence to prove brand marketing’s contribution to sales outcomes.
3. AI-Powered Attribution Models
As B2B buying groups expand from 6-10 members, marketers are replacing last-touch attribution with advanced analytics such as machine learning. They use tools like lifetime value analysis, media mix modeling, and LinkedIn Sales Navigator integration to better understand complex buyer journeys and marketing touchpoints.
4. Multi-Timeframe Measurements
Marketing leaders have established a three-tiered measurement framework: real-time lead qualification metrics, mid-term pipeline return on ad spend (ROAS) over 3-12 weeks, and long-term lifetime value (LTV) adjusted return on investment (ROI). This balanced strategy ensures that both immediate outcomes and long-term brand growth are accurately assessed and measured.
5. Unified Real-Time Dashboards
Marketing teams struggle with fragmented data, with 73% identifying data silos as a major issue. To address this, they are using integrated solutions such as LinkedIn Insight Tag, hybrid metrics that include brand and demand data, and AI-powered prediction models to track revenue effects.
What It Means for Marketers?
The report emphasizes how important effective measuring is for brand success. B2B marketers should prioritize linking KPIs to revenue, implementing extensive attribution systems, and balancing short- and long-term performance analysis. The key to success is to communicate marketing data in ways that are understandable to business leaders.
Source- searchenginejournal