2025 is about finding your measurement fingerprint.
Bad measurement is easy to copy. Good measurement is unique to you.
You can measure many metrics. Important ones include ROI, incremental lift, new customers, customer retention, sales or tune-in, foot traffic, brand consideration, favorability, recall, and loyalty. Proxy ones that aren’t as important include views, clicks, downloads, and likes.
You can measure many campaign attributes, such as channel performance, creative, messaging, website design, and targeting. They all contribute to the important metrics.
You can also measure a lot of complex stuff, like channel interaction, customer journey/lifecycle, optimal media mix, attribution, and incrementality. These help you determine how to structure campaigns and customer experiences.
There is not one best way to measure all of these different things, but there are better and worse ways to measure them. Don’t settle for proxy metrics; push your partners to prove their value, understand your customer behavior deeply, continuously improve, and figure out how to isolate what drove that improvement. Make sure you have good-quality data, or your measurement will not be reliable.
There are many measurement pitfalls. A big one is focusing on measurable things without considering if they are driving your KPIs (like proxy metrics.) Another problem is sticking too closely to measurable channels that limit your growth. Affiliate, email, retail media networks, and websites might offer a tight, measurable loop, but you’ll need to spend further afield to drive new customer growth.
You’re not alone in your measurement journey. Here’s what other executives have to say:
$10B-100B INSURANCE COMPANY
$100M-500M LUXURY BEDDING RETAILER
$10M-100M BOOK RETAILER
$10M-100M APPLIANCES RETAILER