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Next, Alexandra Suarez-Mondshein of Miami, Florida, discussed Words To Live By , a neat concept of designing and producing high quality books with fine paper and fabric for special occasion gift giving. Words To Live By. and each book costs $375 retail.
You can compare customers in California, Idaho, and Florida; new and existing customers; or various demographics, etc., Measure retention rate over time in aggregate – or for optimal health, segment retention rate – and measure it for the various objectives you have set for your email marketing program. Not revenue.
All data in aggregate is crap. " "Focus exclusively on products abc, def, ghi in Florida and products klm in Amsterdam." They typically look like this: "Tripling the investment in Paid Search for this list of keywords will increase revenue by $893k per week." Advanced segmentation ! The reason is simple.
But if Thanksgiving this year was $15 mil revenue and last year was $10 mil then is that good? In aggregate trends can hide insights and hence "dirty" the data. Or everyone who comes to your site from Florida. More importantly, is that good enough? This is where tribal knowledge comes into play. Or % of Direct (free!)
Consider these facts: Start by poring over the data compiled by Jay Ritter at the University of Florida. Also, take a look at this critically important data point , also aggregated by Professor Jay Ritter. Some may be startled at the strong assertion that IPOs are “intentionally” underpriced.
I have said: All data in aggregate is "crap" Because it is. You can imagine then how absolutely heartbreaking it is for me to note that nearly all reporting that I see is data in aggregate. Total revenue. Tons of data "puking", all just aggregates. My love for segmentation as the primary (only?)
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