data analytics expertise, on demand
TRANSCRIPT
Help Wanted
Spending on data analytics is trending up, and for good reason. Here are four stats that support the need for more talent.
70% CMOs who say their
company has no formal evaluation of marketing analytics
quality. 100% Professors who have
training and experience in
advanced research and analytics.
64% Executives who rate
professors as better than company at doing
advanced research & analyses.
58% Organizations with no quantitative proof of marketing spending impact on business.
Despite its value, analytics use is still haphazard, driven in part by poor access to talent. Professors fill an important void.
Data Analytics Expertise
83% Increase in budget
for marketing analytics in next 3
years.
87% Managers who say their company needs to use more analytics to make
better decisions.
50% Managers who say
analytics has helped their
company innovate. 10% ROI improvement
by combining better decision processes and
analytics.
0
1
2
3
4
5
% of E
xecu0ves – Very Va
luable
Marke0ng Topic Areas
The Value of OutsideMarketing Expertise
Outside analytics expertise is valuable to many marketing areas and challenges.
Mkt Analysis
Forecasting
Innovation
Pricing
To get advanced research and analytics capabilities for your marketing challenges, visit www.LIFTPhD.com or call 1-844-LIFTPhD
The Value of Outside Marke:ng Exper:se
90%
80%
70%
60%
50%
40%
SOURCES: 1. LIFT PhD research, February 2014; 2. http://www.mckinsey.com/insights/strategy/the_case_for_behavioral_strategy, accessed January 16, 2015); 3. www.cmosurvey.org/results/, accessed February 18, 2015; 4. Sloan Management Review – Raising the Bar with Analytics (Winter 2014);.