More Related Content Similar to Ken-Wood-Digital-Marketing-Capstone-Final Document Similar to Ken-Wood-Digital-Marketing-Capstone-Final Document (20) Ken-Wood-Digital-Marketing-Capstone-Final Document4. 4
Client Analysis - Grainger
Grainger’s provides significant value to its MRO customer base through an advanced
supply chain infrastructure and global distribution network. Their goal is to supply
the ‘right’ product at the ‘right’ time at the ‘right’ price. Grainger’s strategic
priorities, as stated in their “2016 Fact Book”2, are:
• Create value for different customers
• Ensure an effortless customer experience
• Reduce cost
• Help its employees grow and succeed
• Be responsible stewards within the business community
Additionally, Grainger stated in a recent press release that, due to changing
demographics and the need for comprehensive coverage, it planned to expand its
market presence in key metropolitan areas by adding branches, expanding the size
of certain existing branches and adding personnel.3
According to SimilarWeb.com4, Grainger’s web site (www.grainger.com) received a
total of 5.1M visits in May 2016. Average time spent on the site was 3:49 minutes.
Average number of page views was 4.71 and the bounce rate off of the site was close
to 40 percent.
Grainger is active on several social platforms that help drive traffic to their web site.
However, the traffic derived from these sources was only 0.45 percent of the total
for May 2016. The biggest contributors were Facebook, followed by YouTube,
LinkedIn, Reddit, and Twitter.
5. 5
In its 2016 Fact Book, Grainger breaks down its customer base by industry vertical
and by product category.5 Results are below:
Industry Vertical Product Category
Heavy Manufacturing 18% Safety & Security 19%
Commercial 14% Material Handling 12%
Other 14% Metalworking 11%
Government 13% Cleaning/Maintenance 9%
Light Manufacturing 11% Pumps/Plumbing/Test 8%
Contractor 10% Hand Tools 7%
Retail/Wholesale 6% Other 7%
Transportation 6% HVAC 6%
Natural Resources 4% Electrical 5%
Reseller 4% Lighting 5%
Fluid Power 3%
Power Tools 3%
Power Transmission 2%
Specialty Brands 2%
Motors 1%
Fig. 1 – Grainger Customer Breakout
Grainger also segments it customers into six major geographical regions, which are:
USA, Canada, Latin America, Japan, Asia, and Europe.
On page 2 of its 2016 Fact Book, Grainger management discusses the
changes/trends in their customer’s purchasing patterns, which must be continually
monitored and addressed.6 These trends include an increasing customer need for
real time information that only a digitally connected infrastructure can provide.
Moreover, Grainger realizes the increasing influence and demands of a growing
Millennial workforce that has “grown up” on technology and, as a result, naturally
expects their business partners to be technically proficient. A large majority of
Grainger’s customers are now purchasing on-line and have sophisticated inventory
management systems that require just-in-time deliveries.
According to Wikipedia, MRO involves the fixing of any sort of mechanical, plumbing
or electrical device should it become out of order or broken (known as repair,
unscheduled, or casualty maintenance). It also includes performing routine actions
that keep the device in working order (known as scheduled maintenance) or
prevent trouble from arising (preventive maintenance).7
6. 6
Grainger profiles the North American MRO market in their 2016 Fact Book.7 The
market is divided between the USA (large, medium, & small businesses) and Canada.
Of the estimated $130B MRO total market in the United States, Grainger commands
an approximately 5 to 6 percent share. Likewise, in Canada, Grainger enjoys an 8
percent share of a $11B total market.
According to the industrial distribution web site www.inddist.com, Grainger ranks
third out of the top 50 industrial distributors in terms of global revenue.8 The site
also provides a break down of the other major players/providers in the MRO space.
Client Analysis – Bosch
Bosch positions their power tool products as high-quality, heavy-duty tools that
meet the harsh and demanding requirements of the professional MRO market. As
mentioned in the Bosch Power Tool Branding YouTube video, builders choose Bosch
tools because of their ruggedness, reliability and ability to handle a fair amount of
“pressure” from the tool operator.8 Bosch leverages its “premium quality” image and
targets its messaging to professionals who need a continuous duty power tool that is
reliable. Bosch also makes mention of its cordless line of tools that incorporate the
latest advances in power consumption minimization and battery storage
technology. Implicit in Bosch’s branding is the concept of a premium product for
which MRO professionals are willing to pay a premium.
As implied in one of Bosch’s Power Tool Branding YouTube video, Bosch’s primary
customer is the MRO construction worker who uses power tools as a part of their
daily job.9 This group demands high quality and ruggedness from a power tool that
is also able to take a little “abuse”. Bosch’s secondary audience is the construction
manager/foreman who manages those workers who use power tools at their site.
Messaging to this secondary group focuses on the quality and reliability aspects of
Bosch power tools (i.e., mean time to repair/replace the tool is much longer than
competing brands), which minimizes the total cost of ownership of the tool.
Both primary and secondary customers tend to increasingly leverage Bosch’s on-
line presence to further interact with the brand. Of particular interest to both
groups is Bosch’s power tool selection guide segmented by industry trade and
application that is available on their web site.10
The Mining.com web site posted an article on Bosch’s new North American Power
Tool web site launch.11 The article discusses how Bosch recognizes the move by
consumers and professionals to smartphones and tablets over desktop computers
and, in response to this trend, has revamped its website, debuting a more
responsive, mobile-friendly design along with a series of upgraded features.
8. 8
Problem Statement
The purpose of this capstone project is to design a multi-channel digital marketing
campaign for the client, Grainger, as they target a sales increase of Bosch Power
Tools by 10% on Grainger.com. The client wants the campaigns to focus on display
advertising and email for this project.
Grainger is a firm that supplies MRO (Maintenance, Repair, and Operation)
products. They provide anything that a firm may need which may not become part
of the final product. The supplies can be procured through Grainger.com, from 370
branches across the USA, or over the phone. They are a business-to-business (B2B)
company and have a global footprint with many subsidiaries in different countries
across the globe. Even though Grainger is a B2B firm, it is actually very similar to a
B2C firm, where they market to the end consumer as well. Traditionally, Grainger
would have done marketing campaigns by itself over various platforms such as
search ads, displays, social, etc. Recently, they have started looking at partnering
with their big suppliers to conduct joint promotional campaigns. Bosch Tools is one
such supplier. Bosch Tools, a unit of Bosch, supplies power tools to Grainger, and
Grainger is one of the main B2B resellers of Bosch. Bosch Tools has several other
B2C online partners and a few B2B partners as well.
Grainger and Bosch Tools are partnering together to explore ways to increase sales
of power tools. They would like to increase sales by 10% by working more closely to
sell more products to existing customers, find new customers, and sell across
product categories as well. Boschtools.com is itself a consumer-facing website and
has data on customer behavior, and Bosch is sharing this data with Grainger.
In this Capstone, our task will be to present a campaign to the Grainger Digital
Marketing team on how to increase the awareness and sale of Bosch power tools by
10% on Grainger.com. We will target the current and potential customers by
focusing on display and email channels. Display advertising could be through
Grainger.com or through programmatic display ad purchases. The email database is
owned by Grainger and has users interested in the category of power tools.
The final output will be a digital campaign strategy document that helps answer the
following prompts.
Question 1: How can Grainger increase sales of Bosch Tools power tools on
Grainger.com to customers who first visit Boschtools.com? We will consider the
scenarios listed below.
Scenario 1: Audiences that visit Boschtools.com, look at a power tool (for example a
drill), but do not visit Grainger.com
12. 12
Question 1:
How can Grainger
increase sales of Bosch
Tools power tools on
Grainger.com to
customers who first visit
Boschtools.com?
Business
Objective
Customer Decision
Journey (CDJ) Mapping
Recommended Analysis19
Scenario 1:
Audiences that visit
Boschtools.com, look at a
power tool (for example a
drill), but do not visit
Grainger.com
Build Awareness
Primary Question: “Do
customers recall and
recognize my brand”
Initial consideration set
1. “Why is the Scenario 1
audience not visiting
Grainger.com?”
2. “Are there aspects of
Bosch’s web site that
discourage subsequent
visits to Grainger’s site?”
Competitive Intelligence
1. Use “Compete” tool to answer: “Where are
audiences going after visiting
boschtools.com?”
2. Use Adwords Keyword tool to answer:
“What causes audiences to visit competitor
sites after visiting boschtools.com”?
Scenario 2:
Audiences that visit
Boschtools.com, look at a
power tool, and then visit
Grainger.com, log in to
Grainger.com, and visit
the power tools category
Influence
Consideration
Primary Question: “Do
the products I offer
satisfy customer needs?”
Active evaluation
“What influencers should be
installed on the Bosch and
Grainger web sites to get the
Scenario 2 audience to
explore Bosch power tools?”
Experimentation/Testing
1. Analyze grainger.com web traffic data to
see where audiences are visiting within the
power tools category.
2. Perform A/B testing using Google Website
Analyzer to determine what content will
influence audiences to look at Bosch power
tools on grainger.com
Scenario 3:
Audiences that visit
Boschtools.com, look at a
power tool, and then visit
Grainger.com, log in to
Grainger.com, and visit
the plumbing category but
not power tools
Improve Sales Process
Primary Question – “Do
my sales efforts result
in wins for my brand?
Am I winning at shelf?”
Moment of Purchase
“Why is the Scenario 3
audience not visiting the
power tools section of the
Grainger web site?”
Outcomes analysis
1. Use Mongoose Metrics or Google Analytics
to determine percentage of audience that
does not convert under Scenario 3.
2. Perform A/B testing using Google Website
Analyzer to determine optimal influencers
to get Scenario 3 audience visitors to visit
Bosch power tools section on
Grainger.com.
Question 2:
How can Grainger cross-
sell/up-sell more Bosch
products from categories
beyond power tools to its
existing customers?
Grow Loyalty
Primary Question – “Do
consumers advocate for
my brand?”
Loyalty Loop
“What makes loyal customers
for Bosch products through
the Grainger web site?”
Voice of customer (brand advocacy)
1. Use on-line survey providers such as 4Q By
iPerceptions or Kissinsights to understand
why customers chose the Bosch Brand.
Fig. 4 – Customer Decision Journey Mapping
13. 13
Audience Discovery Questions and Recommended Analysis
Question 1: How can Grainger increase sales of Bosch Tools power tools on
Grainger.com to customers who first visit Boschtools.com?
Scenario 1: Audiences that visit Boschtools.com, look at a power tool, but do not
visit Grainger.com.
Build Awareness20
• Primary question: Do consumers recall and recognize my brand?
• Analysis: Competitive intelligence
Scenario 2: Audiences that visit Boschtools.com, look at a power tool, and then visit
Grainger.com, log in to Grainger.com, and visit the power tools category
Influence Consideration21
• Primary question: “Do the products I offer satisfy consumer’s needs?”
• Analysis: Experimentation/Testing
Scenario 3: Audiences that visit Boschtools.com, look at a power tool, and then visit
Grainger.com, log in to Grainger.com, and visit the plumbing category but not power
tools
Improve Sales Process22
• Primary question: Do my sales efforts result in wins for my brand? Am I winning at
shelf? Cart abandonment?
• Analysis: Outcomes analysis
Question 2: How can Grainger cross-sell/up-sell more Bosch products from
categories beyond power tools to its existing customers?
Grow Loyalty23
• Do consumers advocate for my brand?
• Analysis: Voice of customer (brand advocacy)
14. 14
Question 1:
How can Grainger increase
sales of Bosch Tools power
tools on Grainger.com to
customers who first visit
Boschtools.com?
Business
Objective
Key Questions
About Audience
Behavior
Recommended Analysis24
Scenario 1:
Audiences that visit
Boschtools.com, look at a
power tool (for example a
drill), but do not visit
Grainger.com
Build Awareness
Primary Question: “Do
customers recall and
recognize my brand”
Competitive Intelligence
“Where are audiences going after
visiting boschtools.com?
Boschtools.com web site traffic
data à“Compete” tool
Competitive Intelligence
“What causes audiences to visit
competitor sites after visiting
boschtools.com”?
Boschtool.com web site traffic data
à Adwords Keyword tool
Scenario 2:
Audiences that visit
Boschtools.com, look at a
power tool, and then visit
Grainger.com, log in to
Grainger.com, and visit the
power tools category
Influence
Consideration
Primary Question: “Do
the products I offer
satisfy customer needs?”
Experimentation/Testing
“What are audiences looking at within
the power tools category?
Use Google Analytics to analyze
grainger.com web traffic data
Experimentation/Testing
“What content will influence audiences
to look at Bosch power tools on
grainger.com?”
Perform A/B testing using Google
Website Analyzer
Scenario 3:
Audiences that visit
Boschtools.com, look at a
power tool, and then visit
Grainger.com, log in to
Grainger.com, and visit the
plumbing category but not
power tools
Improve Sales Process
Primary Question – “Do
my sales efforts result
in wins for my brand?
Am I winning at shelf?”
Outcomes Analysis
“What is the percentage of audience
that does not convert under Scenario
3?”
Use Mongoose Metrics or Google
Analytics on web site data for
Grainger.com.
Outcomes Analysis
“What are the optimal influencers to
induce Scenario 3 audience visitors to
visit Bosch power tools section on
Grainger.com?”
Perform A/B testing using Google
Website Analyzer
Question 2:
How can Grainger cross-
sell/up-sell more Bosch
products from categories
beyond power tools to its
existing customers?
Grow Loyalty -
Primary Question – “Do
consumers advocate for
my brand?”
Voice of customer (brand advocacy)
“Why do Grainger customers choose
the Bosch brand?”
Use on-line survey providers such as
4Q By iPerceptions or Kissinsights
Fig. 5 – Audience Discovery Questions & Recommended Analysis
15. 15
Data Collection and Analysis
Question 1 – Scenario 1
Our goal is to “Build Awareness” for the Grainger brand and we will perform a set
of analyses that will point to key insights in competitive intelligence.25 According to
Avinash Kaushik, the goal of obtaining competitive intelligence26 is to:
1. Get context to Grainger’s own performance vis-a-vis its competitors (the
ones they know about and the ones they don't)
2. Analyze ecosystem trends, opportunities, failures, impact of your marketing
spend, emerging customer preferences and changes, etc.
The data sets we will collect will include grainger.com web traffic data reports and
outputs from various tools used to measure traffic to and from boschtools.com and
grainger.com. Key Performance Indicators (KPIs) we will measure include:
A. Frequency of Scenario 1 audience visits to Grainger.com à Analyze sites
visited by audiences before and after visiting boschtools.com and
grainger.com (including frequency) using the “Compete” tool.
B. Scenario 1 audience site visits after visiting boschtools.com à Deploy the
Adwords Keyword tool on boschtools.com web traffic data to measure the
effect of this influencer.
C. Establish metrics for Bounce Rate, Applause Rate, and Amplification Rate for
grainger.com using Google Analytics and Google Correlate27.
There may be some sampling bias associated with the web traffic data being
analyzed by the Compete tool for KPI #1.28 To eliminate this effect (including the
possibility of seasonality), we will ensure that we have, at a minimum, one year’s
worth of data to analyze.
Question 1 – Scenario 2
In this scenario, our goal is to “Influence Consideration” for Grainger as a supplier
of Bosch power tools and we will perform a set of experiments and tests to
determine what influencers should be installed on the Bosch and Grainger web
sites.29 The results should enable us to induce the Scenario 2 audience to explore
Bosch power tools on the Grainger site.
Key Performance Indicators (KPIs) we will measure include30:
A. Analyze grainger.com web traffic data to see where audiences are visiting
within the power tools category. Develop a KPI that measures the frequency
16. 16
and amount of time spent by audiences on the Bosch power tool section of
the site.
B. Perform A/B testing using Google Website Analyzer to determine what
content will influence audiences to look at Bosch power tools on
grainger.com.
There may be some sampling bias associated with the web traffic data being
analyzed to measure both KPIs.31 To eliminate this effect (including the possibility
of seasonality), we will ensure that we have, at a minimum, one year’s worth of data
to analyze.
Question 1 – Scenario 3
In this scenario our goal is to “Improve the Sales Process” on grainger.com by
inducing Scenario 3 audiences to visit the power tools section (including Bosch)
once they arrive.32 We will perform an outcomes analysis to determine why
Scenario 3 audiences do not immediately visit the power tools section of
grainger.com.33
The data sets collected will include web traffic data reports and outputs from
various tools used to measure traffic to and from boschtools.com and grainger.com.
Key Performance Indicators (KPIs) we will measure include:34
A. Mongoose Metrics or Google Analytics to determine percentage of audience
that does not convert under Scenario 3.
B. Perform A/B testing using Google Website Analyzer to determine what
content will influence audiences to look at Bosch power tools on
grainger.com.
There may be some sampling bias associated with the web traffic data being
analyzed to measure both KPIs.35 To eliminate this effect (including the possibility
of seasonality), we will ensure that we have, at a minimum, one year’s worth of data
to analyze.
Question 2
Our goal here is to “Grow Loyalty” for the Grainger brand and we will perform a
VOC: Brand Advocacy analysis to determine what creates loyal customers for Bosch
products through grainger.com.36
We will deploy on-line survey providers such as 4Q By iPerceptions or Kissinsights
to understand why customers chose the Bosch Brand37. The data collected, along
with established metrics for Bounce Rate, Applause Rate, and Amplification Rate for
grainger.com using Google Analytics and Google Correlate, will enable us to obtain a
good understanding as to why audiences are loyal to the Bosch brand.38
22. 22
Audience Category 2: Users landing on Boschtools.com first
• Scenario 1: Audiences that visit Boschtools.com, look at a power tool (for
example a drill), but do not visit Grainger.com
Fig. 10 – Content Marketing Strategy Flow Chart for Audience Category 2,
Scenario 1
When this audience is about to leave boschtools.com, a pop-up advertisement could
be deployed that asks the customer if they would like to view the Bosch tool section
of grainger.com. If the customer replies ‘no’ to being redirected to grainger.com,
then Grainger could send a targeted e-mail to the customer containing a coupon, a
link to an upcoming webinar, or some other value that encourages the customer to
visit grainger.com.
• Scenario 2: Audiences that visit Boschtools.com, look at a power tool, and then
visit Grainger.com, login to Grainger.com, and visit the power tools category.
Fig. 11 – Content Marketing Strategy Flow Chart for Audience Category 2,
Scenario 2
For all customers who visit boschtools.com prior to visiting Grainger’s power tool
section, Grainger could deploy display advertising on the customer-landing page
that offers a coupon or special promotion for Bosch tools and directs them to the
Bosch tools section of grainger.com. In conjunction, Grainger could send these
customers a targeted e-mail that also communicates the special promotion details.
Customer
leaves for
another site
(not Grainger)
Bosch
Website
Offer to direct
to Grainger
web site?
Pop up
window
appears
• New
customer
reception
• Existing
customer
reception
Grainger
Website
• Promotions/
coupons
• Upcoming
webinars
Targeted
e-mail
campaign
Customer
proceeds to
Grainger web
site
Bosch
web site
Display
advertising
for Bosch tool
promotion
Grainger
power
tools
• Promotion
Details
• Targeted e-
mail
Bosch
Tools page
• Promotions/
coupons
• Upcoming
webinars
Targeted
e-mail
campaign
38. 38
Endnotes
1 "Digital Marketing Certification - Capstone Project Syllabus." Coursera. Accessed July 04, 2016.
https://www.coursera.org/learn/digital-marketing-capstone/supplement/vLqxy/syllabus.
2 Grainger Forward: 2016 Fact Book. Lake Forest, IL: W.W. Grainger, 2016. Accessed June 11, 2016.
http://invest.grainger.com/phoenix.zhtml?c=76754&p=irol-irfactbook.
3 Grainger Sets Growth Course by Expanding Market Presence. October 9, 2015. Accessed June 11,
2016.
http://invest.grainger.com/phoenix.zhtml?c=76754&p=irol-newsArticle&ID=544519.
4 Similarweb.com Results for Grainger.com. Accessed June 11, 2016.
https://www.similarweb.com/website/grainger.com.
5 Grainger Forward: 2016 Fact Book. Lake Forest, IL: W.W. Grainger, 2016. Accessed June 11, 2016.
http://invest.grainger.com/phoenix.zhtml?c=76754&p=irol-irfactbook.
6 Ibid.
7 "Maintenance, Repair, and Operations." Wikipedia. Accessed June 11, 2016.
https://en.wikipedia.org/wiki/Maintenance,_repair,_and_operations.
7 Grainger Forward: 2016 Fact Book. Lake Forest, IL: W.W. Grainger, 2016. Accessed June 11, 2016.
http://invest.grainger.com/phoenix.zhtml?c=76754&p=irol-irfactbook.
8 “The 2015 Industrial Distribution Big 50 List”. Industrial Distribution. September 2015. Accessed
June 11, 2016. http://www.inddist.com/article/2015/09/2015-industrial-distribution-big-50-list.
8 "Bosch Power Tools Brand." YouTube. March 11, 2016. Accessed June 11, 2016.
https://www.youtube.com/playlist?list=PLfJFBAodzdn37-E8mXS0rGfhvF_C-edRK.
9 Ibid.
10 Bosch Power Tool Finder. Accessed June 11, 2016.
https://www.boschtools.com/us/en/boschtools-ocs/trade-24170-c/.
11 "Bosch Power Tools North America Launches New Website with Responsive Design, Intuitive
Search and Added Features | MINING.com." MINING.com. February 9, 2016. Accessed June 11, 2016.
http://www.mining.com/web/bosch-power-tools-north-america-launches-new-website-with-
responsive-design-intuitive-search-and-added-features/.
12 "WikiWealth." Bosch SWOT Analysis -. Accessed June 11, 2016. http://www.wikiwealth.com/swot-
analysis:bosch.
13 Similarweb.com Results for Boschtools.com. Accessed June 11, 2016.
https://www.similarweb.com/website/boschtools.com.
14 "The Consumer Decision Journey." McKinsey & Company. Accessed July 04, 2016.
http://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/the-consumer-
decision-journey.
15 "Lesson 2 Lecture Notes." Marketing Professionals: Marketing Analytics in Practice. Accessed June
16, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-2-
readings.
16 Ibid.
17 Ibid.
18 Ibid.
19 "Best Web Analytics Tools: Quantitative, Qualitative, Life Saving!" Occams Razor by Avinash
Kaushik. October 19, 2010. Accessed June 16, 2016. http://www.kaushik.net/avinash/best-web-
analytics-tools-quantitative-qualitative/.
20 "Lesson 2 Lecture Notes." Marketing Professionals: Marketing Analytics in Practice. Accessed June
16, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-2-
readings.
21 Ibid.
22 Ibid.
23 Ibid.
24 "Best Web Analytics Tools: Quantitative, Qualitative, Life Saving!" Occams Razor by Avinash
Kaushik. October 19, 2010. Accessed June 16, 2016. http://www.kaushik.net/avinash/best-web-
analytics-tools-quantitative-qualitative/.
39. 39
25 "Lesson 2 Lecture Notes." Marketing Professionals: Marketing Analytics in Practice. Accessed June
16, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-2-
readings.
26 "Occam's Razor by Avinash Kaushik - Digital Marketing and Analytics Blog." Occams Razor by
Avinash Kaushik. Accessed June 22, 2016. http://www.kaushik.net/avinash/.
27 "Best Social Media Metrics: Conversation, Amplification, Applause, Economic Value." Occams Razor
by Avinash Kaushik. 2011. Accessed June 23, 2016. http://www.kaushik.net/avinash/best-social-
media-metrics-conversation-amplification-applause-economic-value/.
28 "Lesson 7 Lecture Notes." Marketing Professionals: Marketing Analytics in Theory. Accessed June
23, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-4-
readings.
29 "Lesson 2 Lecture Notes." Marketing Professionals: Marketing Analytics in Practice. Accessed June
16, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-2-
readings.
30 "Occam's Razor by Avinash Kaushik - Digital Marketing and Analytics Blog." Occams Razor by
Avinash Kaushik. Accessed June 22, 2016. http://www.kaushik.net/avinash/.
31 "Lesson 7 Lecture Notes." Marketing Professionals: Marketing Analytics in Theory. Accessed June
23, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-4-
readings.
32 "Lesson 2 Lecture Notes." Marketing Professionals: Marketing Analytics in Practice. Accessed June
16, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-2-
readings.
33 Ibid.
34 "Occam's Razor by Avinash Kaushik - Digital Marketing and Analytics Blog." Occams Razor by
Avinash Kaushik. Accessed June 22, 2016. http://www.kaushik.net/avinash/.
35 "Lesson 7 Lecture Notes." Marketing Professionals: Marketing Analytics in Theory. Accessed June
23, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-4-
readings.
36 "Lesson 2 Lecture Notes." Marketing Professionals: Marketing Analytics in Practice. Accessed June
16, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-2-
readings.
37 "Occam's Razor by Avinash Kaushik - Digital Marketing and Analytics Blog." Occams Razor by
Avinash Kaushik. Accessed June 22, 2016. http://www.kaushik.net/avinash/.
38 "Best Social Media Metrics: Conversation, Amplification, Applause, Economic Value." Occams Razor
by Avinash Kaushik. 2011. Accessed June 23, 2016. http://www.kaushik.net/avinash/best-social-
media-metrics-conversation-amplification-applause-economic-value/.
39 "Lesson 7 Lecture Notes." Marketing Professionals: Marketing Analytics in Theory. Accessed June
23, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-4-
readings.
40 "Lesson 6 Lecture Notes." Marketing Professionals: Marketing Analytics in Practice. Accessed June
23, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-4-
readings.
41 "Lesson 2 Lecture Notes." Marketing Professionals: Marketing Analytics in Practice. Accessed June
16, 2016. https://www.coursera.org/learn/digital-analytics/supplement/HOmSL/module-2-
readings.
42 Ibid.
43 Ibid.
44 Ibid.
45 Ibid.
46 Stokes, Rob. eMarketing: The essential guide to marketing in a digital world (Kindle Locations
4328-4329). Quirk eMarketing (Pty) Ltd. Kindle Edition.
47 Ibid, (Kindle Locations 4375-4376).
48 Ibid, (Kindle Locations 4625-4626).