Imagine
this: You’ve just started a new job as a marketer at a national retail company
and you’ve been tasked with overhauling the company’s marketing strategy. You
note that the organization needs a web analytics tool to track the effectiveness
of the new marketing strategy. After all, all good decisions are data-driven.
You bring this idea to your boss, and the question is brought up, “which
analytics platform should we choose? There seem to be quite a few.” You pause,
you hadn’t considered anything other than Google Analytics. Not satisfied with
the answer you’ve given; your boss has tasked you to research what analytics
tool best fits the organization’s needs. This isn’t an uncommon scenario for
all marketers, especially those working to get a company’s analytics off the
ground. This post will guide you through the decision-making process by
comparing two prominent analytics options: Google Analytics and Adobe Analytics
through a series of relevant factors. At the end, it will be up to the marketer
to decide what platform fits his or her needs best.
Adobe Analytics
overview
Adobe
Analytics is an analytics application that lives within the package of Adobe
Marketing Cloud family of products. Adobe Analytics offers reporting with a
focus on understanding your organization’s customer base and how they interact
with all facets of a brand.
Adobe
has been among the top players in the web analytics industry for more than five
years, and in 2017 Adobe won an ANA
Genius Award for a project that
measured how media moves customers toward free trials, and then paid
conversions.
In
this post, we’ll touch on Adobe Analytics’ offering and compare it to both the
free and paid version of Google Analytics.
Ease of use
One
key factor that teams will need to consider before choosing an analytics
product is how easy the product is to use, what support resources are out there
for users, and (something about how easy it is to get new users up to speed
Google Analytics: One positive
about Google Analytics is that it’s an “out-of-the-box” option for marketers.
Once a tracking code is placed on your website data will start coming through
and users can leverage a variety of standardized reports to analyze customer
insights.
In
addition, Google offers an Analytics Academy with multiple
levels of training videos to serve marketers needs. Analytics Academy covers
the basics, which is helpful for those with no analytics training, and covers
complex topics like utilizing Google Tag Manager. Individuals can become “certified”
in the Google Analytics application as a way to verify they’ve completed the
training program.
Google Analytics
360 Suite
is an elevated, enterprise, paid version of Google Analytics. Similar training
resources are offered, and there is a similar certification program. Because 360
Suite is implemented through a service agreement, it has an added level of individualized
support not provided through the free analytics offering.
Adobe Analytics: Adobe Analytics can
take a little more configuration to get set up and running, and requires
slightly higher-level coding knowledge to set up the initial tracking codes.
The benefit with Adobe Analytics for taking this approach is that most Adobe
Analytics accounts are set up with a corporate service agreement, so an
elevated level of service is provided from Adobe as well. Adobe’s training
resources are significant, but aren’t free offerings like Google’s academy.
From experience, organizations that use Adobe Analytics may leverage various
technical stakeholders to implement the tagging, set up reporting, and analyze
the reports.
Reporting
capabilities
On
the most basic level, both Google and Adobe Analytics provide the same data,
just named slightly differently. For example, the instance of a user spending
time on a website is called a session on Google and a visit with Adobe. Kevin
Rutter (2017) from SEER Interactive does a nice job explaining the differences
in basic reporting with the two options in
a recent blog. But where does
each analytics platform offer advantages over the other?
Google Analytics: On a broad
level, most marketers are going to be familiar with the Google analytics
interface and capabilities, which on its own provides a benefit. As mentioned
earlier, the learning curve for Adobe Analytics is slightly higher than Google.
Usability is a theme throughout Google’s family of products, and one advantage
that Google Analytics has over Adobe is the offering of the Google Data Studio, a high-quality
data visualization tool that can easily turn the mountains of data into simple,
digestible visual reports.
Additionally,
Google 360 Suite’s attribution modeling provides a more robust view of the
different marketing factors that influenced a conversion. According to
Christopher (2017) Google offers “first
click, linear, last click, time decay, and more,” when it comes to
attribution offerings, while Adobe only provides first and last click modeling
in its standard version.
Adobe Analytics: Adobe Analytics
holds two big advantages over Google: path reports and ecommerce reporting. At
its heart, Adobe Analytics’ prime directive is to provide customer insight
based on defined success events. Through Adobe Analytics you can build customer
funnels to success events and Adobe Analytics provides easy ways to accommodate
custom funnels for present and historical tracking. Additionally, Adobe’s
attribution tracking is a viable option for those looking to provide a big
picture of various marketing efforts’ influence on success events, but comprehensive
attribution modeling isn’t provided in the basic version. According to
Christopher (2017), Adobe also provides robust ecommerce reporting, while
Google is just looking to catch up with capabilities that have been at Adobe’s
disposal for some time.
Cost
Ultimately,
cost is going to be a deciding factor for many organizations. Google’s standard
free offering of its analytics platform is going to work for most marketers.
Google’s 360 Suite costs start at
$150,000/year. Adobe Analytics costs are a little bit more difficult to
track down, but the family of Adobe Marketing cloud products may cost marketers
upwards of $450,000/year.
Ultimately,
an organization must take technology and resourcing costs into consideration
when factoring the budget implications of a web analytics tool.
Who is Adobe
Analytics right for?
Adobe
Analytics isn’t the right tool for everyone. When factoring the information
above, Google’s free analytics offering is going to provide sufficient
capabilities for most organizations. Adobe Analytics makes the most sense for
larger, enterprise clients who are handling large amounts of data and require complexity
and individualization with their web analytics. Large
companies like Hyatt, Scottrade, Lenovo, and hhgregg use Adobe Analytics.
Enterprise-level companies are those that can also afford to use third-party
analytics agencies with the technical and subject-matter expertise to implement
effective analytics capabilities.
How
does your organization value the various components discussed above? What tool
do you see as the best fit for your organization?
Just stopping by to help your data ;).
ReplyDeleteHi Chris,
ReplyDeleteYou always have great analysis! I did want to tell you that I'm challenged by your blog layout. Reading black and white serif text on a gray background is difficult for me.