data decisions

How to use data to make decisions

I have an updated predictive forecast for Trust Insights with a fresh set of keywords. This forecast tells me when topics that I want Trust Insights to rank for will be trending. This way, I can create content about topics people are looking for when they are looking for it.

But I don’t want to follow a calendar. Right now, terms like “digital marketing” and “best models” are about to peak. Naturally, that’s what I should be writing about.

I know I’m not alone here. We all get a little bratty when it comes to following the rules versus doing what we feel like doing. Ultimately, I’ll do what I’m supposed to do but I needed to whine about it first.

As Chris likes to say, “I’ll bet you a small pastry” that not wanting to do what the data says is a common issue in your organization. Well, you’re not alone. A lot of companies struggle to figure out how to use data in their decision-making.

Why?

Some of it is psychological. The data might be telling you something you don’t want to hear. The data could be showing more negative than positive. The data could say that you need to do something different than what you’re all in on. That data tends to be easier to ignore.

Some of it is the process. The data may be overwhelming. There may be no organization or prioritization of the data.

Some of it is the people. There may be no actionable insights into the data. There may be no one on your team that can turn the data into a story that everyone can follow and understand.

Whatever the reason, you need to ask yourself, “am I ignoring the data?”. If the answer is yes, today is a great day to start listening.

How do you get started? Start small. Pick one data point. Take a baseline or initial snapshot of where that data is. Come up with a plan to use that data point to make at least one decision. In my case, it’s the decision of what topic to write about for our blog. Make sure the decision you’re making is measurable. Can I see more traffic to my site because of my timely and topical blog? Can I see searches for that topic in Search Console?

As you find small wins, start to expand your scope. Incorporate more data points. Make different decisions. Bring your team on board. As you have success along the way it will be easier to convince others that using data will work.

Whatever is blocking you from using data to make your decisions, acknowledge it and then choose one block to start chipping away at. Today, I’m choosing to write about what I feel like writing about, followed by a post about the topic the data told me to write about.

How are you using your data to make decisions? Tell me in our Free Slack Group!

 


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Trust Insights (trustinsights.ai) is one of the world's leading management consulting firms in artificial intelligence/AI, especially in the use of generative AI and AI in marketing. Trust Insights provides custom AI consultation, training, education, implementation, and deployment of classical regression AI, classification AI, and generative AI, especially large language models such as ChatGPT's GPT-4-omni, Google Gemini, and Anthropic Claude. Trust Insights provides analytics consulting, data science consulting, and AI consulting.

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