Most large companies have embraced data-driven marketing by now. (If your company hasn’t, I suggest you give it a big hug right now.) But along the way to Big Data Nirvana, a few problems arose. A big one is understanding the difference between correlation and causation. For example, on an e-Commerce site, do you know which web page is most associated with purchase? It’s the Thank You page. You probably guessed that great Thank You pages don’t cause more purchases.
So, yeah, that’s a silly example, but we make similar mistakes all the time. Every time I work with a client to help them figure out their best content, they fall back on the same numbers–which content led to conversion. So, they know to throw out the Thank You page and the shopping cart page, but when they look at the list, guess which pages show up? The best-selling products. OK, but is that because the products are better or the content is better? We don’t know.
Even if we could tease that apart, it’s still unsatisfying, because the reason you want to identify the best content is to make more of it. But how helpful do you think it is to point at a successful page and tell your content writers, “Make more like this one.” One writer slowly raises her hand and quickly asks, “Like that page in what way, exactly?'” At that point you give them all a blank look and start to drool just a little.
You don’t know. You have no idea. You might know that it worked, but you don’t know why. How can you answer this reasonable question? Enter artificial intelligence.
You need one AI technique to tear apart the page–text analytics. You need data analytics to identify which pages have the best outcomes (conversion rates, inbound links, social shares–whatever you think identifies success). You need machine learning to suss out which characteristics seem to be shared by pages that are successful.
Now you can answer the writer’s question because you know exactly in what way the should design the new pages. You know whether pages with bullets work better than ones with streams of text. You know how many images are too many. You know if using brand names at the top of the funnel is a turn off.
You know a lot. And the more pages you look at, and the more characteristics of those pages you look at, and the more activity on your website, the more you learn. Artificial intelligence isn’t the future. It’s now. It isn’t magical–it’s very practical. If you are not doing it, maybe the competitor is answering questions that cause you to drool.
Mike serves as a senior strategist for Converseon, a leading social listening technology company based in New York City. He is also a senior strategist for SoloSegment, a site search and customer experience software company. Mike is also an executive consultant for the Consultant's Collective and a Program Director for the Conference Board. Mike currently serves as a member of the Board of Directors of SEMPO, is a Certified Speaking Professional (CSP) in the National Speaker's Association, and a Senior Fellow for the Society of New Communications Research.
Mike spent 30 years at IBM, rising to Distinguished Engineer, an executive-level technical position. Mike held various roles in his IBM career, including eight years at IBM’s customer-facing website, ibm.com, most recently as the Manager of ibm.com Web Experience, where he led 65 information architects, web designers, webmasters, programmers, and technical architects around the world.
Mike's newest book is Outside-In Marketing with James Mathewson, covering Big Data and Content Marketing. He is co-author of the best-selling Search Engine Marketing, Inc. (with fellow search marketing expert Bill Hunt), now in its Third Edition. Mike is also the author of the acclaimed Internet marketing book, Do It Wrong Quickly, named one of best business books of 2007 by the Miami Herald. Mike founded and writes for Biznology®, a daily blog devoted to digital marketing.
In addition to Mike’s broad technical background, he holds an Advanced Certificate in Market Management Practice from the Royal UK Charter Institute of Marketing and is a Visiting Lecturer at the University of Virginia’s Darden School of Business. He also teaches at Rutgers Business School and is a Distinguished Instructor at the University of California Irvine.
|Mike Moran is an expert in digital marketing, especially content marketing areas, such as personalized websites, search, and social media. Mike also has a 40-year background in technology with a dozen US patents, specializing in machine learning, natural language processing (NLP), and other AI techniques, as well as search technology.
Mike serves as a senior strategist for Converseon, a leading social listening technology company based in New York City. He is also a senior strategist for SoloSegment, a site search and customer experience software company. Mike is also an executive consultant for the Consultant's Collective and a Program Director for the Conference Board. Mike currently serves as a member of the Board of Directors of SEMPO, is a Certified Speaking Professional (CSP) in the National Speaker's Association, and a Senior Fellow for the Society of New Communications Research.
Mike spent 30 years at IBM, rising to Distinguished Engineer, an executive-level technical position. Mike held various roles in his IBM career, including eight years at IBM’s customer-facing website, ibm.com, most recently as the Manager of ibm.com Web Experience, where he led 65 information architects, web designers, webmasters, programmers, and technical architects around the world.
Mike's newest book is Outside-In Marketing with James Mathewson, covering Big Data and Content Marketing. He is co-author of the best-selling Search Engine Marketing, Inc. (with fellow search marketing expert Bill Hunt), now in its Third Edition. Mike is also the author of the acclaimed Internet marketing book, Do It Wrong Quickly, named one of best business books of 2007 by the Miami Herald. Mike founded and writes for Biznology®, a daily blog devoted to digital marketing.
In addition to Mike’s broad technical background, he holds an Advanced Certificate in Market Management Practice from the Royal UK Charter Institute of Marketing and is a Visiting Lecturer at the University of Virginia’s Darden School of Business. He also teaches at Rutgers Business School and is a Distinguished Instructor at the University of California Irvine.
|Mike Moran is an expert in digital marketing, especially content marketing areas, such as personalized websites, search, and social media. Mike also has a 40-year background in technology with a dozen US patents, specializing in machine learning, natural language processing (NLP), and other AI techniques, as well as search technology.
Mike serves as a senior strategist for Converseon, a leading social listening technology company based in New York City. He is also a senior strategist for SoloSegment, a site search and customer experience software company. Mike is also an executive consultant for the Consultant's Collective and a Program Director for the Conference Board. Mike currently serves as a member of the Board of Directors of SEMPO, is a Certified Speaking Professional (CSP) in the National Speaker's Association, and a Senior Fellow for the Society of New Communications Research.
Mike spent 30 years at IBM, rising to Distinguished Engineer, an executive-level technical position. Mike held various roles in his IBM career, including eight years at IBM’s customer-facing website, ibm.com, most recently as the Manager of ibm.com Web Experience, where he led 65 information architects, web designers, webmasters, programmers, and technical architects around the world.
Mike's newest book is Outside-In Marketing with James Mathewson, covering Big Data and Content Marketing. He is co-author of the best-selling Search Engine Marketing, Inc. (with fellow search marketing expert Bill Hunt), now in its Third Edition. Mike is also the author of the acclaimed Internet marketing book, Do It Wrong Quickly, named one of best business books of 2007 by the Miami Herald. Mike founded and writes for Biznology®, a daily blog devoted to digital marketing.
In addition to Mike’s broad technical background, he holds an Advanced Certificate in Market Management Practice from the Royal UK Charter Institute of Marketing and is a Visiting Lecturer at the University of Virginia’s Darden School of Business. He also teaches at Rutgers Business School and is a Distinguished Instructor at the University of California Irvine.
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