Danny Sullivan wrote a pretty good blog post about an article getting deleted. You can read it here. I’m not so interested or outraged about it. This spawned a Hacker News thread. You can read the whole thing here. The comment I want to draw attention to comes to us from Phil Welch. It’s so good that I’m quoting it below. “Turns out if you throw together a few thousand neckbeards and convince them to play status games around building an encyclopedia, you get an encyclopedia. You also get a whole lot of stupid politics, wasted energy, process wanking, flamewars, and acronym-laden cryptic discourses where words like “arbitration” have strange, Orwellian connotations. (“Arbitration” is Wikipedia’s name for the process governing,[…]
Month: November 2011
Predictive analytics is somewhat mysterious. So, let’s shed some light on it. (Note that I’m simplifying this quite a bit to be accessible.) The first step in predictive analytics is to understand what you’re predicting. We’ll call this the Y variable. In this instance, ‘how many visits from Boston can I expect on a given day’. My Y will be ‘Visits’. I’m curious about it. Have some discipline. I see way too many analysts change the Y variable before their investigation is through. The second step is to identify all the variables that might be associated with a variation in Y. These might include factors like paid media, search, new visits, returning visits – and date. Then there are paid[…]
Gary Morgenthaler had a few interesting statements to make: “Therefore, when Siri was an independent company, its plan was to map these domains deeply and seamlessly to automate transactions for its users within them. For example, “Buy that Steve Jobs biography book and send it to my dad”; “Send a dozen yellow roses to my wife”; “Book me the usual table for 2 tonight at 8 p.m. at Giovanni’s”; and “Get me 2 box seats for the Giants game on Saturday.” Then comes the question of what solves our biggest problems. Ultimately, Siri’s value is that of automation and removing “friction” on the Internet. Siri achieves this by: (1) understanding speech input in natural language form, (2) mapping user requests[…]
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Joe Stanhope wrote a good piece for Forrester. If you have a subscription to Forrester, read it. It summarizes the state we’re in, and has a few very good points on the last page. In that piece, web analysts themselves list ‘attribution’ as a major challenge. This is a wicked problem. All the energy you put into untying that knot only causes it to become tighter. But let’s try this again, together. If you haven’t seen this previous post, it’s new to you. I drew out a conceptual model report, in part to demonstrate how cause-effect can be embedded into a report. Alright – so that’s a conceptual model. I believe that paid spend causes paid visits. I believe that[…]
The complexity in measurement ramps with the complexity of the channel. In this post, I’ll write a bit about an interpretation of systems thinking, and how I apply it to marketing and marketing modeling. We all seek to minimize complexity and maximize predictability. We want to minimize risk and maximize empowerment. We want to synthesize a huge amount of information and boil it down to a handful of levers. Levers cause empowerment and they enable people to make really good decisions. Systems thinking is an actual thing now. Some organizations already have models in place, and are all fairly standardized. Not every organization has them. Understanding them is pretty important. This is my approach: I write a load of variables[…]