The End of Proxies: The Customer Data Revolution
For too long, marketing has had to rely on imperfect measures to evaluate the impact of advertising expenditure.
However complex the advertising task, it is probably true that the ultimate aim for almost every campaign is to drive, or at least protect, sales and profits. Despite this objective, we have been forced to evaluate campaigns primarily on intermediate measures of awareness, attitudinal shifts and claimed behaviours, because it has not been possible to attribute sales effects directly to particular advertising exposures. It is little surprise that the boardroom remains so sceptical about marketing expenditure when the metrics of success are so hard to identify. Few CEOs are comfortable justifying multi-million-pound campaigns to their boards solely on proxy measures of success.