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Report Shows Marketers Less Confident in Measurement of Efforts

eConsultancy along with Experian Marketing Services has released their Marketing Budgets 2012 report and as we have seen in the recent past, most companies continue to or intend to continue to increase spending on the digital channel. That’s good news in that there is recognition that the digital channel is an effective use of marketing dollars which can often be harder to find in the current economic climate. Here are some quick data points from the study.

  • Of those companies increasing their digital marketing budgets, 79% will increase them by more than 10%.
  • Three-quarters (74%) of companies are increasing their investment in digital marketing technology this year, up from 67% in 2011.
  • More than half (56%) of companies are planning to recruit more people into their digital marketing teams in 2012, up from 52% in 2011.

There is more evidence given in the report that companies are turning more to the digital space as we move forward and we get that. It’s good news for those of us in the space but growth hasn’t been the problem.

Despite this rise in investment in the digital world the real problem comes in the analysis of this data. Whether it is in the online or offline space, marketers appear to be a getting a little less cocky about their ability to measure what is actually happening in the space. Take a look at this.

Google Announces YouTube Analytics With a Video Tuto….Infographic?

Just how popular is that video of your aunt’s faceplant in the snow? Who’s watching your rendition of White Christmas?

Those questions and much more will be answered when Google rolls out YouTube Analytics later today–replacing the more limited Insights.

Here’s what you’ll get, so long as you are using a “modern” browser:

  • A Quick Overview: A new overview provides all of the information that you care about quickly, while also enabling you to easily access more detailed information.
  • More Detailed Reports: Analytics now includes more detailed statistics so that you can have a more precise understanding of your content and audiences.
  • Audience Builders: Discover which videos are driving the most views and subscriptions.
  • Audience Retention: See how far viewers are watching through your video in the new audience retention report.
I have just one question. Why in the world is Google using an infographic to explain YouTube Analytics and not a video tutorial? That’s like Bill Gates giving a presentation about the new Windows 8 using a Mac! ;-)