Many companies face difficulties regarding their marketing experiences and general feedback. The owners may have issues collecting the needed data, not having the proper tools, or not meeting client expectations in their campaigns. Luckily, there’s a way for your marketing agency to bloom and navigate these challenges as efficiently as possible.
Marketing agency reporting is a crucial process that will make your business bloom. It will gather all the elements to guide your next campaign to success. If you want to improve your marketing efficiency and thrive against competitors, check out the text below to learn more about marketing agency reporting.
The Importance of Marketing Agency Reporting
Marketing agency reporting isn’t just about visualizing your data; it’s about growing your company with simple and efficient solutions. Instead of spending hours and days on manual processes, you can use marketing agency reporting for the quickest way out.
We’ll present some crucial benefits below to give you insight into your future experience.
- Building client relationships — By having transparent and visualized data, your clients will trust you more and can freely use your services.
- Financial aspects — Marketing agency reporting can help you increase your ROI percentages by improving campaign effectiveness. A better campaign leads to better sales, ultimately impacting the finances.
- Optimization — During the marketing agency reporting process, you’ll discover campaign performance gaps and instantly know what areas to work on to reach the desired marketing results.
- Streamlining processes — Once you start the marketing agency reporting experience, you’ll be able to focus on other aspects since you’ll save a lot of time and nerves with this decision.
Common Marketing Agency Reporting Challenges
Although marketing agency reporting will help your business bloom, you may often encounter challenges on the way, which the agency can fix. Don’t fear the possible difficulties; there’s nothing you can’t do with the help of the right solution. However, you should be prepared for the following scenarios and learn how to navigate them efficiently.
- Scattered data — Collecting and managing data from multiple sources is one of the main challenges you can face during the reporting experience.
- Manual processes — Some processes, such as spreadsheets, can take hours, impacting your overall productivity and efficiency.
- Communication — You may not be able to present clear insights to your clients if you don’t have an efficient reporting strategy.
Growing businesses — Your company will surely bloom once you start creating successful campaigns. You should prepare yourself for scalability and keep up with the demands.
A Step-By-Step Guide to Improving Marketing Reporting
If you’re feeling lost on your marketing reporting journey, we’re here to help. We’ll present steps you can take to improve your marketing reporting experience and maximize your results.
- Centralize your data — You should use platforms and tools that allow you to gather all your data in one place, providing you with a better view of your performance.
- Automate tasks — Opt for solutions that provide automatic data collection and visualization systems for a better and more time-efficient experience.
- Customizations according to clients — You should tailor your reports according to the client’s KPIs, goals, and needs to boost efficiency.
- Utilize real-time reporting — Refresh your data frequently get instant results, and watch your live performance.
- Simplify your data with storytelling — Instead of presenting raw data, you should use your storytelling skills and create a clear narrative everyone can follow.
Select Your Ideal Reporting Tool
When starting your marketing reporting journey, you should instantly select the right tool to save yourself some time, nerves, and finances in the process. However, the market is filled with opportunities, which can create a challenging search quest and leave you feeling overwhelmed.
We’ve prepared some guidelines you can follow to customize the experience and discover your ideal marketing reporting solution.
Check the features
You should first consider selecting a solution that fits your feature description. For instance, professional tools will provide numerous automated processes, support integrations, and give you a customizable experience.
Moreover, you should check the ease of use when downloading or picking the solution. Make sure that the user interface is easy to understand, or else you’ll spend more time learning how to navigate the tool than creating your marketing reporting journey.
Popular Marketing Reporting Tools
Since discovering solid reporting tools can be a pain in the neck, we’ve prepared some popular solutions you can try to start your journey and make the marketing experience easier.
Polymer
Polymer has a unique approach to marketing reporting. It utilizes advanced AI mechanisms designed specifically for your reporting needs. The tool can predict the outcome and help you create the most efficient campaigns without sacrificing your finances.
Aside from this, the solution provides a rich feature library, including AI dashboards, embedded analytics, conversational AI, and much more. All of these features will cut the reporting time in half and help you get feedback as fast as possible. The user interface is clean, simple, and easy to understand, making the platform beginner-friendly.
Google Data Studio (Looker Studio)
This free data visualization solution can help you visualize the collected information and perform marketing reporting accordingly. It’s an easy-to-use tool everyone can access, and the best part is that you can create a centralized data collection platform. If you’re familiar with Google’s tools, such as Drive, Spreadsheets, or others, you’ll have no issues navigating the journey.
Looker Studio is a simple tool made for those who struggle with data collection and organization. If you need help with this process, Google’s free solution is here to help.
HubSpot
HubSpot has built-in marketing software suitable for all of your reporting needs. The user interface is intuitive and easy to navigate, meaning you can start your experience right away. The best part is that you can get started for free and decide whether this platform fits your needs.
HubSpot provides several beneficial features, such as a data collector, visualizer, etc. You can also use the power of AI to predict the outcomes of your future marketing campaigns, which will surely impact your marketing productivity.
Tableau
Tableau is a platform designed specifically for your data visualization needs. Since this is one of the most common issues, Tableau introduced numerous features you can use to automate the data collection and visualization processes. For instance, you can use their templates for storytelling and reach the target audience.
One of the most prominent features is their augmented analysis, which uses the power of AI to analyze the collected data and provide you with precise results. Another unique feature is that you can collaborate with your team within the platform and maximize marketing efficiency.
MailChimp
MailChimp covers various sorts of marketing solutions and reporting, making it one of the most universal platforms on the market. You can collect data from various sources and channels, analyze it through the platform, and get the most precise results with their advanced calculation systems.
The tool also provides an AI feature to help you grow your marketing experience and boost your business’s online visibility. If you’re looking for an easy-to-use tool that will help you climb the competitive ladder, check out what MailChimp offers.
How a Marketing Reporting Tool Impacts Your Efficiency
Using the right marketing reporting solution for your needs can significantly impact your productivity, efficiency, and insights, and you can check out some of the benefits below:
- Gaining a complete view — With the help of the right solution, you’ll get a complete view of your campaigns and know precisely what to do in the future.
- Connecting with the audience — The abovementioned platforms can help you discover your ideal audience so you can create advertisements accordingly and thrive in the online environment.
- Predict your success — Most modern marketing reporting solutions allow you to predict the success of your next campaign so you can boost your productivity and get the ultimate results.
Case Studies of Improved Marketing Reporting
Marketing reporting became widespread when people noticed its impact. If you’re not familiar with real-life case studies of such cases, we’re here to help you see what your business can achieve with the right solutions.
686
686 is an athleisurewear company that struggled to increase its ROI and reach the target audience. Although they’ve tried their luck with marketing, none of the campaigns seemed to bring them new customers. After discovering the notion of marketing reporting, they were able to focus on their weaknesses and fix the issue.
During this quest, 686 learned how to use campaigns in specific areas to increase the sales percentage. That resulted in a 562% sales revenue increase in the course of a year, making the marketing reporting experience successful and well-needed.
Honda
Honda created a competition for itself by using repetitive keywords. That resulted in higher advertisement costs and lower online visibility. The company couldn’t discover the issue until they discovered a professional marketing reporting platform.
Once they put everything on paper and collected all the needed data, they improved their efficiency and start making their visions come to life.
Thanks to data visualization and automatic analysis, Honda reduces advertisement costs and increasese traffic by over 200%.
AppDynamics
AppDynamics has a unique approach to fixing bugs in your programs or systems. However, when they launched, they couldn’t seem to reach the target audience, regardless of their marketing strategies and frequency. After starting the marketing reporting experience, they were able to fix their bug and thrive.
The issue occurred because they didn’t use sufficient landing pages or keywords regarding the profession. Once they had collected all the data and seen what bothered them, they increased traffic two times and become a popular company in the IT world.
The Main Benefits of Reporting for Agencies
Reporting for agencies can lead to numerous benefits and advantages, such as the ones presented below:
- Client satisfaction — By performing a detailed analysis, you’ll learn more about your audience and connect with them. That further leads to better customer retention and brand recognition.
- Efficiency — Instead of manually analyzing your data and potentially getting the wrong results, you can automate such processes and enjoy a professional data experience.
- Decision-making skills — Based on the data you collect and analyze, you can improve your decision-making skills and do what’s best for your company and its future.
Conclusion
Marketing reporting isn’t just about collecting data; it’s a treasure that will keep on giving. You can predict your future success and act accordingly instead of wondering where you went wrong. That ultimately means your business will bloom, and you’ll gain the popularity you’ve always wanted.
To make the process easier, you should use marketing reporting tools that will automate the processes and save you a lot of time and nerves during the experience. If you want your business to experience a better tomorrow and update your reporting game, today’s the day to take the matter into your hands and start standing out.