Do not settle for simple assessment: the effects of marketing metric uses on market-sensing capability
Xiaoning Liang, Johanna Frösén, Yuhui Gao
European Journal of Marketing
Business School
Abstract

Despite the availability of many metrics and tools for marketing performance measurement, the way in which firms use their marketing metrics remains underexplored. This DCU research collaboration aims to address this gap by empirically establishing the differing effects of different applications of marketing metrics on firms’ capability for market analysis.

This study provides novel insights into how diverse uses of marketing metrics may benefit firms. The differing effects of diagnostic and interactive uses of marketing metrics on market sensing highlight a primary need for developing the latter and for using the former only with caution. It establishes that all firms would equally benefit from an interactive use of marketing metrics that is pivotal to improving their ability to anticipate, detect and sense market changes.