Introduction to Marketing Data Analysis & Business Fundamentals
Understanding the Big Picture - Description: This day introduces the world of Marketing Data Analysis, explaining what it is, why it's important, and the key roles it plays within a business. You'll learn fundamental business concepts like revenue, profit, costs, and key performance indicators (KPIs). - Specific Resources or Activities: - Expected Outcomes: Understand the core function of a marketing data analyst and the basic business terms used in marketing. Be able to differentiate between revenue, cost, and profit.
Learning Objectives
- Understand the fundamentals
- Apply practical knowledge
- Complete hands-on exercises
The Marketing Funnel & Customer Journey
Understanding the Path to Purchase - Description: Learn about the marketing funnel (awareness, interest, decision, action) and the customer journey. Understand how data is collected and used at each stage of the funnel to optimize marketing efforts. Introduce the importance of understanding target audiences (segmentation). - Specific Resources or Activities: - Expected Outcomes: Define and illustrate the marketing funnel and customer journey. Identify key data points to track throughout the funnel. Grasp the importance of audience segmentation.
Learning Objectives
- Understand the fundamentals
- Apply practical knowledge
- Complete hands-on exercises
Ethical Considerations in Marketing Data Analysis – Privacy & Transparency
- Description: This day focuses on ethical considerations. Learn about data privacy regulations (e.g., GDPR, CCPA), responsible data collection and use, and the importance of transparency in marketing practices. - Specific Resources or Activities: - Expected Outcomes: Understand the importance of data privacy and ethical considerations in marketing. Become familiar with basic data privacy regulations.
Learning Objectives
- Understand the fundamentals
- Apply practical knowledge
- Complete hands-on exercises
Introduction to Data Collection and Metrics
What to Track & Why - Description: Learn about various data collection methods (e.g., website analytics, surveys, social media analytics). Introduce common marketing metrics (website traffic, conversion rates, click-through rates, cost per acquisition). - Specific Resources or Activities: - Expected Outcomes: Identify various data collection methods and understand the meaning and significance of core marketing metrics.
Learning Objectives
- Understand the fundamentals
- Apply practical knowledge
- Complete hands-on exercises
Spreadsheets for Marketing Data Analysis
Basic Calculations & Visualization - Description: Learn basic spreadsheet skills (e.g., Google Sheets or Microsoft Excel) for data manipulation and visualization. Focus on importing data, performing basic calculations (sum, average, etc.), and creating simple charts. - Specific Resources or Activities: - Expected Outcomes: Gain basic proficiency in using spreadsheets for data analysis and visualization. Be able to create simple reports.
Learning Objectives
- Understand the fundamentals
- Apply practical knowledge
- Complete hands-on exercises
Understanding the Data Analysis Process
Frameworks and Problem Solving - Description: Introduce the data analysis process: Define the problem, collect data, clean data, analyze data, interpret results, and communicate findings. Focus on how to approach a marketing data analysis problem. - Specific Resources or Activities: - Expected Outcomes: Understand the data analysis process. Be able to formulate a marketing problem to be addressed with data.
Learning Objectives
- Understand the fundamentals
- Apply practical knowledge
- Complete hands-on exercises
Business Acumen and Making Data-Driven Decisions
Connecting Data to Actions - Description: Connect all the topics covered to business outcomes. Focus on how data analysis leads to informed marketing decisions. Learn how to present findings to stakeholders and how to make recommendations. - Specific Resources or Activities: - Expected Outcomes: Understand how to translate data into actionable insights and make informed recommendations for marketing campaigns. Build basic data communication skills.
Learning Objectives
- Understand the fundamentals
- Apply practical knowledge
- Complete hands-on exercises
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