To a race car driver, closely monitoring the gauges on the dash can mean the difference between a record-breaking ride or a detour into disappointment. Fuel levels, miles per hour, temperature, oil pressure—drivers use this essential information to make important and immediate decisions that directly impact their speed, safety, and performance.
Of course, it goes without saying that drivers rely on the immediate readouts, not the numbers from a day ago, an hour ago, or even a minute ago. After all, it wouldn’t make much sense to make adjustments based on the speed from yesterday’s race, or last week’s RPM.
You don’t have to be behind the wheel of a stock car to understand the importance of real-time analytics. Whether you operate an e-commerce site, mobile application, or complex software program, you need up-to-the-second data to stay competitive.
You’ve taken a smart first step by integrating with Adobe Target, which includes reliable real-time reporting. But are you leveraging all the uses and benefits of this capability, or are you just spinning your proverbial wheels? Let’s take a quick look at some of the most useful ways to harness the power of real-time data.
Get Instant Results from a Campaign or Launch
Today’s busy users expect to be able to gauge the results of a marketing campaign or site/product launch instantaneously—waiting for days, or even hours, simply isn’t acceptable. With real-time data, you can literally analyze the results as they come in. Get a read on how successfully new features are being adopted. See how users are interacting with a new application. Watch the stream of traffic come in from affiliate sites. Pinpoint how effectively (or ineffectively) social media integrations are being used.
Work Out the Bugs
Back in the race car: it would be downright dangerous to make decisions based on a broken gauge. Of course, your life isn’t at stake when monitoring Web stats, but it would be a colossal waste of time and money to rely on inaccurate or missing data. With real-time analytics, you can personally step through your site, product, or program to verify that everything is behaving as it should and that the right information is getting processed—so you know you’ll have the data you need for that big report or presentation.
Run Split Tests
Wondering which version of your product page is driving more conversions? Want to compare the clickthroughs on multiple email subject lines? Real-time data enables you to run impromptu A/B/n tests to determine which variation is more popular (and profitable), so you can quickly decide which track to take. This capability is especially important for programs or sites that release new features and updates on a frequent basis.
I don’t mean to imply that historical data isn’t important in its own right. After all, that driver may very well want to go back and compare his or her standings in previous races. Historical data can provide important insights that can be turned into action. That said, real-time monitoring is an invaluable tool, as it enables users to make faster decisions. And let’s face it—today’s business world isn’t slowing down anytime soon. With Adobe Target, you can leverage both historical and real-time data to make informed and timely decisions.
Deliver Customized Content
The most successful publishing sites tailor their content to what visitors want to see. Instant data gives you the power to serve up custom user experiences. Whether it’s a timely ad, intelligent cross-selling, or a relevant article, preference-driven content is a surefire way to keep visitors engaged with your site or product—which in turn helps you accumulate even more accurate information about them.
Rev Up Results
Real-time interactive reporting is an invaluable asset. Fast-moving marketers and developers need instant insights into testing results, mobile-friendly reports, and metrics they can share with team members and executives.
Utilizing real-time analytics with tools such as Adobe Target (formerly Test&Target), you’ll never be stuck in neutral again.