Monday, 24 September 2012

Google Analytics

Dimensions: Describe Data

A dimension is an descriptive attribute or characteristic of an object that can be given different values. For example, a geographic location could have dimensions called Latitude, Longitude, or City Name.
You can organize, segment, and analyze your data. In some reports, you can add and remove dimensions to see different aspects of your data.


Metrics: Measure Data

Metrics are individual elements of a dimension that can be measured as a sum or a ratio. For example, the dimension City can be associated with a metrics like Population, which would have a sum value of all the residents of the specific city.
Page per Visit, and Average Visit Duration are examples of metrics in Google Analytics.


Relationship between dimensions and metrics

Although dimensions and metrics can stand alone, they usually are used in conjunction with one another. The values of dimensions and metrics and the relationships between those values is what creates meaning in your data. For the greatest insights, dimensions are often associated with one or more metric.



Monday, 17 September 2012

Six Sigma for Marketing and Sales

Many marketing and sales managers may be unfamiliar with Six Sigma and why it is important in marketing and sales. Here is a brief introduction to its terms and how it might apply in our world.

What is Six Sigma?Six Sigma is a disciplined methodology that uses data and statistical analysis to measure and improve a company’s operational performance. It focuses on identifying and eliminating “defects” in business processes and has produced hundreds of millions of dollars in new profitability in a wide variety of industries.

What are examples of Six Sigma projects
in marketing and sales?

They may not sound all that different from other
projects you’ve heard of. Here are examples of successful Six Sigma projects done by companies in
the last year or two:
• Determining which customers are best ones
to target
• Developing sales best practices for direct and
channel partner sales
• Reducing errors and cost in literature fulfillment


How does Six Sigma apply in marketing
and sales?

Six Sigma can apply to any goal-directed work activity of an organization. The per-requisite is the
work needs to be well-organized and defined (objectives, activities, measurements). The first step of Six Sigma (Define) attempts to ensure this. In marketing, in sales, it means defining the basic value
proposition, market segmentation, and work flow
necessary for measurements to be meaningful and
reliable. Often, this improvement alone improves
results. After the basics are in place, the statistical
power of Six Sigma can be applied in depth.





Welcome

Welcome to my blog! When it comes to business, it's all about profit. In this blog I will like to discuss about some management tools & techniques of improving efficiency of the business. This blog is to learn and share. I like to invite all of you to bring your real life experience.

Strategic Marketing + Lean six sigma + Project management + Value Research
+ Business Analytic = Increase Revenue, Decrease cost