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Unveiling the Power of Data-Driven Strategy of Utilizing the Scrum Doc in Digital Marketing

Harnessing Platform-Level Metrics for Optimal Marketing Performance

Monday, January 8
Today's top marketing tips, tactics, & tools

Hey there,

Hey there, welcome to our first MBA Roundup session of the year. We're diving deep into the fundamentals of the MBA program with a focus on the core principles and understanding the value of results. Today, we're uncovering the secrets of the scrum doc and learning how to make informed decisions for stable and repeatable performance. Get ready for some valuable insights!
 
To start with, we have this week’s “This Week’s Digital Marketing in 5” show, then we’re going to be talking about Unveiling the Power of Data-Driven Strategy of Utilizing the Scrum Doc in Digital Marketing, a recap of the lecture in The Facebook Ads MBA Program from last week… and then the Facebook Ads MBA Principle of the Week!

And here's a fun fact from the lecture: experiencing bad days and good days in business is part of the journey, but understanding week-over-week and month-over-month trends can help us set up for more good days and fewer bad days.

I hope you enjoy this insightful and valuable session. Keep an eye out for more upcoming sessions as he delves deeper into the core principles of the MBA program!

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Unveiling the Power of Data-Driven Strategy of Utilizing the Scrum Doc in Digital Marketing

Harnessing Platform-Level Metrics for Optimal Marketing Performance

Here’s what we’re going to cover today:

1: Embracing the Foundation of Scrum Strategy

2: Understanding the Essence of Platform-Level Metrics

3: The Significance of Trend Analysis

4: A Holistic Approach to Marketing Optimization

5: Leveraging Data for Informed Decision-Making

Embracing the Foundation of Scrum Strategy

Welcome to a deep dive into the strategy of utilizing the Scrum Doc – a powerful approach that underpins success in the dynamic realm of digital marketing. In this discussion, we will explore the pivotal role of platform-level metrics and how they drive efficient decision-making and performance evaluation. Remember, the Machine Learning A.I. of any marketing platform can only use the data it can see… and they cannot see, or make use of, what 3rd party attribution software tells you based on what version of the truth you told it you wanted to see. *(ie: Northbeam, Hyros, AdBeacon etc.)

*We’ll review the build of a Scrum Doc below in our “Facebook Ads MBA Program Principle of the Week” section

Understanding the Essence of Platform-Level Metrics

Platform-level metrics encapsulate the essence of understanding and evaluating marketing efforts through a comprehensive lens. These metrics encompass spend, volume of results, and most importantly, the value derived from these results. Whether it's tracking spend in relation to purchase conversion value or assessing the value of leads, diving into platform-level metrics illuminates a broader understanding of marketing performance.

The Significance of Trend Analysis

Beyond day-to-day fluctuations, the true crux lies in identifying and analyzing trends over time. By focusing on week-over-week and month-over-month trends, marketers can witness the bigger picture – a key element in making informed strategic decisions. Trend analysis unveils patterns that reveal the impact of marketing efforts and allows for a more structured and forward-thinking approach.

A Holistic Approach to Marketing Optimization

The Scrum doc serves as a powerful tool for not only assessing day-to-day performance but also for delving into the broader impact of marketing strategies. By aligning platform-level metrics with broader trend analysis, marketers gain the ability to make data-driven decisions that extend beyond short-term outcomes. This holistic approach to marketing optimization enables businesses to leverage their investments more efficiently and strategically.

Leveraging Data for Informed Decision-Making

With a comprehensive understanding of platform-level metrics and trend analysis, marketers can make informed and impactful decisions. Leveraging data, particularly through the Scrum doc, empowers businesses to identify correlations between marketing investments and business outcomes. This, in turn, enables them to refine their strategies, optimize spending, and drive sustainable growth in an ever-evolving digital landscape.

Final Thoughts on Harnessing Platform-Level Metrics for Optimal Marketing Performance

As we conclude our exploration of data-driven Scrum strategies, one thing becomes evidently clear – the power of platform-level metrics and trend analysis cannot be overstated. By embracing these foundational principles and leveraging the insights gleaned through the Scrum doc, businesses can navigate the complexities of digital marketing with a strategic edge. Through a keen focus on trend analysis and a holistic view of marketing performance, businesses can not only stay afloat but thrive in the ever-evolving digital marketing landscape.

Loved what you just read?

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🧑‍🏫 Facebook Ads MBA Principle of the Week

The Scrum Doc

A Scrum Doc is a day-by-day tracking of platform-level KPI’s by Business Objective, summed as a whole and wrapped up by week, and by month.

Our Primary KPIs are simple:
Investment Level
Volume of Results
Value of Results

From these 3 simple KPIs’s we can factor efficiency, performance trends, investment portfolio architecture, and most importantly than anything else…
we can use this data to prove and visualize incremental lift at a glance!

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