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  • B2B Customer Journey Map : A Quickfire Guide for Growth

    20 mai 2024, par Erin

    What is a company’s biggest asset ?

    Its product ? Its employees ? Its unique selling proposition ?

    More and more people are recognising it’s something else entirely : your customers.

    Without your customers, your business can’t exist.

    Nearly 77% of B2B buyers found the buying process too complicated.

    With more competition than ever, it’s crucial you provide the best possible experience for them.

    That’s where your customer journey comes in.

    If you’re in the B2B space, you need to know how to map out the journey.

    By building a B2B customer journey map, you’ll be able to analyse the weak spots in the customer journey so you can improve the experience (and generate more revenue).

    In this article, we break down the B2B customer journey stages, how to build a customer journey map and how Matomo can help you track your customer journey automatically.

    What is a B2B customer journey ?

    Every customer goes through a specific path within your business.

    At some point in time, they found out about you and eventually bought your products.

    What is a B2B customer journey?

    A B2B customer journey is the collection of touchpoints your customer has with your business from start to finish.

    From discovery to purchase (and more), your customers go through a specific set of touches you can track. By analysing this journey, you can get a snapshot of your user experience.

    One way to track the customer journey is with a B2B customer journey map.

    It helps you to quickly see the different steps your customers take in their path with your business.

    With it, you can quickly identify weak spots and successes to improve the customer journey.

    5 stages of the B2B customer journey

    Every one of your customers is unique. Their specific needs and their journey.

    It’s all different.

    But, there are crucial steps they take through their journey as your customer.

    It’s the same path your entire customer base takes.

    Here are the five stages of the B2B customer journey (and why you should track them) :

    5 stages of the B2B customer journey.

    1. Awareness

    Awareness is the first stage that every B2B buyer goes through when they start their journey in B2B companies as a customer.

    At this stage, your target buyer understands they have a problem they need solving. They’re out, actively trying to solve this problem. 

    This is where you can stand out from the competition and give them a good first impression.

    Some helpful content you could create to do this is :

    • Blog posts
    • Social media posts
    • Ebooks
    • Whitepapers

    2. Consideration

    Next up, your buyer persona has an awareness of your company. But, now they’ve started narrowing down their options for potential businesses they’re interested in.

    They’ve selected yours as a potential business to hand their hard-earned cash over to, but they’re still making up their mind.

    At this point, you need to do what you can to clear up any objections and doubts in their mind and make them trust you.

    Some helpful content you could create here include :

    • Product demos by your sales team
    • Webinars
    • Case studies

    3. Conversion

    Next up, your target buyer has compared all their options and decided on you as the chosen product/company.

    This is where the purchase decision is made — when the B2B buyer actually signs or clicks “buy.”

    Here, you’ll want to provide more :

    • Case studies
    • Live demos
    • Customer service
    • Customer reviews/testimonials

    4. Loyalty

    Your B2B buyer is now a customer. But, not all customers return. The majority will slip away after the first purchase. If you want them to return, you need to fuel the relationship and nurture them even more.

    You’ll want to shift your efforts to nurturing the relationship with a post-purchase strategy where you build on that trust, seek customer feedback to prove high customer satisfaction and reward their loyalty.

    Some content you may want to create here includes :

    • Thank you emails
    • Follow-up emails
    • Follow-up calls
    • Product how-tos
    • Reward program
    • Surveys

    5. Advocacy

    The final stage of the B2B customer journey map is advocacy.

    This is the stage beyond loyalty where your customers aren’t just coming back for more ; they’re actively telling others about you.

    This is the cream of the crop when it comes to the B2B buyer stages, and it happens when you exceed customer expectations repeatedly.

    Your goal should be to eventually get all of your customers to this stage. Because then, they’re doing free marketing for you.

    This is only possible when a customer receives enough positive B2B customer experiences with your company where the value they’ve received far exceeds what they perceived they have given.

    Here are a few pieces of content you can create to fuel advocacy :

    • Surveys
    • Testimonial requests
    • Referral program

    Difference between B2C and B2B customer journeys

    Every person on earth who buys something enters the customer journey.

    But, not all customer journeys are created equal.

    This is especially true when you compare the B2C and B2B customer journeys.

    While there are similarities, the business-to-consumer (B2C) journey has clear differences compared to the business-to-business (B2B) journey.

    B2C vs. B2B customer journey.

    The most obvious difference between the two journeys is that B2B customer journeys are far more complex. 

    Not only are these two companies selling to different audiences, but they also have to deploy a completely different set of strategies to lead their customers down the path as far as they can go.

    While the journey structures are similar (from awareness to advocacy), there are differing motivating behaviours.

    Here’s a table showing the difference between B2C and B2B in the customer journey :

    Different FactorsB2BB2C
    Target audienceSmaller, industry more importantLarger, general consumer
    BuyerMultiple decision-makersOne decision-maker
    Buying decisionBased on needs of the organisation with multiple stakeholdersBased on an individual’s pain points
    Buying processMultiple stepsSingle step
    Customer retentionOrganisational needs and ROI-basedIndividual emotional factors
    Repeat sales driverDeep relationshipRepetition, attention-based

    Step-by-step guide to building a B2B customer journey map

    Now that you’ve got a basic understanding of the typical B2B customer journey, it’s time to build out your map so you can create a visual representation of the journey.

    Step-by-step guide to building a customer journey map.

    Here are six steps you need to take to craft an effective B2B customer journey map in your business :

    1. Identify your target audience (and different segments)

    The first step in customer journey mapping is to look at your target audience.

    You need to understand who they are and what different segments make up your audience.

    You need to look at the different roles each person plays within the journey.

    Unlike B2C, you’re not usually dealing with a single person. You likely have a few decision-makers you need to interact with to close a deal.

    The average B2B deal involves 6 to 10 people.

    Analyse the different roles and responsibilities of your audience.

    Figure out what requirements they need to onboard you. Understand each person’s level of influence in the buying decision.

    2. Determine your customers’ goals

    Now that you have a clear understanding of each person involved in the buying process, it’s time to analyse their unique needs and goals.

    Unlike B2C, which will include a single person with a single set of needs and goals, you have to look at several people through the decision-making process.

    What is every decision-maker’s goal ?

    An entry-level admin will have much different goals than a CEO.

    Understand each of their needs as it will be key to selling them and taking you to the next person in the chain of command.

    3. Lean on data and analytics

    Now it’s time to analyse your data.

    You don’t want to guess what will work on your B2B buyers. Instead, leverage data that proves what’s working (and what’s not).

    Analytics software like Matomo are crucial tools in your B2B customer journey toolkit.

    Matomo can help you make data-driven decisions to fuel customer acquisition and loyalty to help get more customers all the way to the advocacy stage.

    Using Matomo (which analyses and interprets different data sources) can give you a holistic view of what’s going on at each stage of the journey so you can reach your goals.

    Try Matomo for Free

    Get the web insights you need, without compromising data accuracy.

    No credit card required

    4. Draw out customer journey stages

    Now that you have your data-backed plan, it’s time for some customer journey mapping.

    You can do this on paper or use a diagram tool to create a visual B2B customer journey map.

    Here, you’ll draw out every single stage in your customer journey, including every single touchpoint from different decision-makers.

    5. Determine each customer touchpoint

    Once you’ve drawn up the customer journey stages, you’ll have a key list of B2B customer journey touchpoints to implement.

    Write down every single customer interaction possible on the journey through.

    This could be reading an email, a blog post or watching a video on your home page.

    It could be an advertisement, a phone call or a follow-up email.

    It could even be a live demo or video sales call (meeting).

    6. Identify your own goals

    Now that you’ve got your visual B2B customer journey mapping done, it’s time to go back to you and your company.

    What are your goals ?

    What are the end results you’re looking for here ?

    You’ve got your current map in place. Now, how would you like customers to go through this journey ?

    Where would you like them to end up ?

    Look back at your company’s primary objectives if you’re stuck here.

    If your company is looking to increase profit margins, then maybe you want to focus more on retention, so you’re spending less on acquisition (and leaning more on recurring revenue from existing customers).

    How to create a Matomo funnel to track your B2B customer journey

    If you want to start tracking and optimising your B2B customer journey, you need to have a good grasp on your funnel.

    The reality is that your customer journey is your funnel.

    They’re one and the same.

    Your customer journeys through your sales funnel.

    So, if you want to optimise it, then you need to see what’s going on at each stage of your funnel.

    Screenshot example of the Matomo dashboard

    With Matomo, you can map out your entire funnel and track key events like conversions.

    This allows you to identify where your site visitors are having problems, where they’re exiting and other obstacles they’re facing on their journey through.

    To start, you first define what events or touchpoints you want included. This could mean :

    • Landing on your website
    • Visiting a product page
    • Adding something to cart
    • Going to checkout
    • Clicking “buy”

    Then, at each stage, you’ll see conversion rates.

    For example, if only 3% of your visitors go from landing on your website to the product page, you likely have an issue between your homepage (and other pages) and your product pages.

    Or, if you can get people to add to cart, but you rarely get people going to checkout, there’s likely a problem to fix on your add-to-cart page.

    By leveraging Matomo’s funnels feature, you get to see your entire customer journey (and where people are falling off) so you understand what you need to optimise to grow your business.

    If you’re ready to start building and optimising your customer journey today, then try Matomo for free for 21 days.

  • What is White Label Analytics ? Everything You Need to Know

    6 février 2024, par Erin

    Reports are a core part of a marketing agency’s offering. It’s how you build trust with clients by highlighting your efforts and demonstrating your results. 

    But all too often, those reports deliver a jarring and incohesive experience. The culprit ? The logos, colours and names of third-party brands your agency uses to deliver work and create the reports. 

    Luckily, there’s a way to make sure your reports elevate your agency’s stature ; not undermine it. 

    By white labelling your tools, you can deliver a clear and cohesive brand experience — one that strengthens the client relationship rather than diminishing it. 

    In this article, we explain what white label analytics tools are, why it’s important to white label your analytics solution and how you can do it using Matomo. 

    What is white label analytics ?

    White labelling is the process of redesigning a product or service using your company’s brand. The term comes from the act of putting a white label on a product that covers the original branding and allows the reseller to personalise the product.

    White label analytics, then, is a way to customise your analytics software with your agency’s logo and colours. When you white label your analytics, you ensure your reports, dashboards and interface provide a consistent and familiar user experience.

    White label analytics example screenshot from Matomo

    The alternative is to provide your clients with an analytics report containing the logo and branding of your analytics software provider — whether that’s Google Analytics, Matomo, or another tool. 

    For some clients, it can create a confusing experience that takes attention away from your agency’s results.

    Why white label analytics is important

    There are plenty of reasons to white label your analytics tool, from improving your client’s experience to generating additional revenue. Here are four of the most important benefits to know :

    Improve the client experience

    You want your clients to have a seamless user experience with your agency’s brand, whether they visit your website, log into their client portal, or read one of your reports. 

    By white labelling your analytics platform, you can give your clients a visually appealing experience that stays in line with the rest of your branding and doesn’t leave them confused about who they are interacting with or which company is providing the service they pay for. 

    This is especially important if your agency uses other third-party tools like a client portal or productivity platform that also allows for custom branding. 

    Strengthen client relationships

    When you use white labelling to remove solution providers’ logos, you ensure your brand gets all of the credit for the hard work you’ve been doing. This can strengthen the agency-client relationship and reaffirm the importance of your agency. 

    But, white labelling allows you to tell a better story through your reports and increases the perceived value you offer. There are no other brands, logos, or names to confuse the narrative or detract from your key points — or to stop the client from understanding just how much value you provide. 

    Save time and increase productivity 

    White labelling your analytics platform can save your team a significant amount of time when creating client reports. 

    There’s no need to carefully screenshot graphs to add them to your own branded report. You can simply email clients a report using your white labelled analytics platform, assuring them of a seamlessly branded experience.

    The upshot is that your team can spend more time on billable work, improving the value they deliver to existing clients or opening up capacity to take on even more work. 

    Increase monetisation opportunities

    Whether you are an agency or consultant, white labelling an analytics solution gives you the opportunity to package and sell analytics as part of your own services. This can open up new revenue streams, help you to diversify your income, and reach a wider audience.

    The beauty of a white label offering is that there is no allusion to the company providing the underlying service.

    The most important elements of an analytics platform to white label 

    A white label analytics solution should offer a broad range of customisation options that range from surface-level branding to functional elements like tracking codes. 

    Below we take a look at the top components you should be able to customise with your chosen platform. 

    Logo and Favicon

    The logo is the first thing clients will see when they open up their analytics platform or look at your reports. It should make your services instantly recognisable, which is why it’s so jarring when clients read a report with another company’s brand slapped on every chart. 

    This should be the very first thing you change since it will be on almost every page and report your client views. Don’t stop there, however. If you send clients web-based reports, you’ll also want to change the platform’s favicon — the small logo you see next to your website in a browser. 

    Customising both your logo and favicon is easy with Matomo. 

    Just head to Administration, then General Settings and click Use a custom Logo under Brand settings.

    Matomo white label custom branding settings

    Upload your brand, click Save, and it will automatically populate your brand in place of the Matomo logo across the platform, just like in the image above.

    Brand name

    Most analytics platforms will mention their brand names repeatedly across the site, so it’s important to change these, too.

    Otherwise, you risk clients reading your analytics reports in detail or playing around with your platform’s settings and getting confused when another seemingly unrelated name keeps popping up. 

    Again, this is easily done with Matomo’s White Label plugin. 

    Head to Administration, then General Settings. Scroll to the bottom of the page to find WhiteLabel settings.

    Enter your brand or product name in the first box and click Save

    White label the Matomo platform with your brand name.

    Just like your logo, this will replace every instance of Matomo’s brand name with your own.

    Brand colours

    Changing your analytics platform’s colours to match your own is almost as important as swapping out the logo. 

    Failure to do so could mean the charts and graphs you add to your client reports could cause confusion. 

    You can also use Matomo’s WhiteLabel settings to change the platform’s background and font colours. 

    Just enter a new header background and font colour using hexadecimal values.

    Matomo white label brand colour settings.

    This change will also apply to automated email reports. 

    Custom tracking

    Tracking requests and links are an overlooked element of analytics when it comes to white labelling. Most people wouldn’t think twice about them, but they are an easy way for someone in the know to identify which platform you are using. 

    With Matomo’s White Label plugin, it’s possible to customise every request Matomo makes to your clients’ websites. 

    If left unbranded, tracking requests contain the following references : matomo.js and matomo.php. 

    By clicking the Whitelabel tracking endpoint box on the WhiteLabel settings page, those references will be replaced with js/tracker.js and js/tracker.php

    You’ll need to update your tracking code to reflect these changes, otherwise, requests will still contain Matomo branding. 

    Try Matomo for Free

    Get the web insights you need, without compromising data accuracy.

    No credit card required

    Links

    Finally, you’ll want to remove any links to any additional content offered by the analytics company. These are usually included to improve the user experience, but they are best removed if you are letting clients access your platform. 

    With Matomo, you can remove all links by clicking the relevant box in WhiteLabel settings. 

    You can also use the Show Marketplace only to Super Users checkbox to limit the visibility of Matomo’s Marketplace to everyone bar Super Users.

    Can you white label Google Analytics ?

    In a word : no. 

    Google Analytics might be the most popular analytics platform, but it comes up short if you want to customise its appearance. 

    This can be a particular problem for agencies that need to stand out from competitors offering the same generic reports. You can add more context, detail and graphs to your analytics reports, of course. But you’ll never be able to create completely custom, brand-cohesive reports using Google Analytics. 

    3 analytics platforms you can white label

    While you can’t white label Google Analytics, there are several web analytics providers that do offer a white labelling service. Here are three of the best :

    Matomo

    As you’ve already seen, Matomo is the ideal web analytics platform if you want to let your own brand shine through. Matomo lets you personalise the entire dashboard and all of your reports. That includes :

    • Adding your brand logo and favicon
    • Changing the font and background colours 
    • Removing third-party links
    • Tracking using custom URLs 
    • Develop your own custom theme

    Matomo offers a 21-day free trial (no credit card required). If you want to get remove the Matomo branding, you need the White Label plugin, which starts at just $179 per year after a free trial.

    Try Matomo for Free

    Get the web insights you need, without compromising data accuracy.

    No credit card required

    Clicky

    Clicky is a simple, privacy-focused web analytics platform with a white label offering. Like Matomo, you can add your logo and change the platform’s colours. 

    Clicky offers a seven-day free trial and charges a $99 setup fee, with prices starting from $49 and rising to $399. 

    Plausible 

    Plausible is another privacy-focused Google Analytics alternative that offers white labelling. The difference here is that it’s pretty complex to set up. 

    Rather than customising Plausible’s platform, for instance, you need to embed its dashboard into your own user interface. If you want to create your own custom dashboard, you’ll need to use an API. 

    Plausible offers a 30-day free trial.

    Leverage white label analytics today with Matomo

    Don’t put up with confusing unbranded clients a moment longer. White label your analytics platform so the next time you sit down to share insights with your clients, they’ll only see one brand : yours.

    Matomo makes it quick and easy to customise the look of your analytics platform and all of the reports you generate. If you already use Matomo, try the White Label plugin free for 30 days.

    If not, try Matomo with a free 21-day trial. No credit card required. 

  • B2B Marketing Attribution Guide : How to Master It in 2024

    21 mai 2024, par Erin

    The last thing you want is to invest your advertising dollars in channels, campaigns and ads that don’t work. But B2B marketing attribution — figuring out which marketing efforts drive revenue — is far from easy.

    With longer sales funnels and multiple people from the same company involved in the same sales process, B2B (business-to-business) is a different ballgame from B2C (business-to-consumer) marketing.

    In this guide, we break down what B2B marketing attribution is, how it’s different, which tools you can use to set it up and the best practices.

    What is B2B marketing attribution ?

    Marketing attribution in B2B companies is about figuring out where your high-value leads come from — nailing down long customer journeys across many different touchpoints.

    Illustration of attributing a multi-person customer journey

    The goal is to determine which campaigns and content contributed to various parts of the customer journey. It’s a complex process that needs a reliable, privacy-focused web analytics tool and a CRM that integrates with it.

    This process significantly differs from traditional marketing attribution, where you focus more on short sales cycles from individual customers. With multiple contributing decision makers, B2B attribution requires more robust systems.

    What makes marketing attribution different for B2B ?

    The key differences between B2B and B2C marketing attribution are a longer sales funnel and more people involved in the sales process.

    The B2B sales funnel is significantly longer and more complex

    The typical B2C sales funnel is often broken down into four simple stages :

    1. Awareness : when a prospect first finds out about your product or brand
    2. Interest : where a prospect starts to learn about the benefits of your product
    3. Desire : when a prospect understands that they need your product
    4. Action : the actual process of closing the sale

    Even the most simplified B2B sales funnel includes several key stages.

    5 stages of the B2B customer journey.

    Here’s a brief overview of each :

    1. Awareness : Buyers recognise they have a problem and start looking for solutions. Stand out with blog posts, social media updates, ebooks and whitepapers.
    2. Consideration : Buyers are aware of your company and are comparing options. Provide product demos, webinars and case studies to address their concerns and build trust.
    3. Conversion : Buyers have chosen your product or company. Offer live demos, customer service, case studies and testimonials to finalise the purchase.
    4. Loyalty : Buyers have made a purchase and are now customers. Nurture relationships with thank you emails, follow-ups, how-tos, reward programs and surveys to encourage repeat business.
    5. Advocacy : Loyal customers become advocates, promoting your brand to others. Encourage this with surveys, testimonial requests and a referral program.

    A longer sales cycle typically involves not only more touchpoints but also extended decision-making processes.

    More teams are involved in the marketing and sales process

    The last differentiation in B2B attribution is the number of people involved. Instead of clear-cut sales and marketing teams, revenue teams are becoming more common.

    They include all go-to-market teams like sales, marketing, customer success and customer support. In B2B sales, long-term customer relationships can be incredibly valuable. As such, the focus shifts away from new customer acquisition alone.

    For example, you can also track and optimise your onboarding process. Marketing gets involved in post-sale efforts to boost loyalty. Sales reps follow up with customer success to get new sales angles and insights. Customer support insights drive future product development.

    Everyone works together to meet high-level company goals.

    The next section will explore how to set up an attribution system.

    How to find the right mix of B2B marketing attribution tools

    For most B2B marketing teams, the main struggle with attribution is not with the strategy but with creating a reliable system that gives them the data points they need to implement that strategy.

    We’ll outline one approach you can take to achieve this without a million-dollar budget or internal data science team.

    Use website analytics to track touchpoints

    The first thing you want to do is install a reliable website analytics solution on your website. 

    Once you’ve got your analytics in place, use campaign tracking parameters to track touchpoints from external campaigns like email newsletters, social media ads, review sites (like Capterra) and third-party partner campaigns.

    This way, you get a clear picture of which sources are driving traffic and conversions, helping you improve your marketing strategies.

    With analytics installed, you can track the referring sources of visits, engagement and conversion events. A robust solution like Matomo tracks everything from traffic sources, marketing attribution and visitor counts to behavioural analytics, like clicks, scrolling patterns and form interactions on your site.

    Marketing attribution will give you a cohesive view of which traffic sources and campaigns drive conversions and revenue over long periods. With Matomo’s marketing attribution feature, you can even use different marketing attribution models to compare results :

    Matomo comparing linear, first click, and last click attribution models in the marketing attribution dashboard

    For example, in a single report, you can compare the last interaction, first interaction and linear (three common marketing attribution models). 

    In total, Matomo has 6 available attribution models to choose from :

    1. First interaction
    2. Last interaction
    3. Last non-direct 
    4. Linear
    5. Position based
    6. Time decay 

    These additional attribution models are crucial for B2B sites. While other web analytics solutions often limit to last-click attribution, this model isn’t optimal for B2B with extended sales cycles.

    Try Matomo for Free

    Get the web insights you need, without compromising data accuracy.

    No credit card required

    Use a CRM to integrate customer data from multiple sources

    Use your CRM software to integrate customer data from multiple sources. This will give you the ability to get meaningful B2B marketing insights. For example, you can get company-level insights so you can view conversion information by company, not just by person.

    Done effectively, you can close the loop back to analytics data by integrating data from multiple teams and platforms. 

    Implement self-reported attribution

    To further enhance the data, add qualifying questions in the lead signup process to create a hybrid attribution model. This is also known as self-reported attribution.

    Example of self-reported attribution

    Your web analytics platform won’t always be able to track the source of certain visits — for instance, “dark social” or peer-to-peer sharing, where links are shared privately and are not easily traceable by analytics tools.

    Doing self-reported attribution is crucial for getting a holistic image of your customer journey. 

    However, self-reported attribution isn’t foolproof ; users may click randomly or inaccurately recall where they first heard about you. So it’s essential to blend this data with your analytics to gain a more accurate understanding.

    Best practices for handling B2B prospect data in a privacy-sensitive world 

    Lastly, it’s important to respect your prospects’ privacy and comply with privacy regulations when conducting B2B marketing attribution.

    Privacy regulations and their enforcement are rapidly gaining momentum around the globe. Meta recently received a record GDPR fine of €1.2 billion for insufficient privacy measures when handling user data by the Irish Data Protection Agency.

    If you don’t want to risk major fines (or customers feeling betrayed), you shouldn’t follow in the same footsteps.

    Switch to a privacy-friendly web analytics

    Instead of using a controversial solution like Google Analytics, use a privacy-friendly web analytics solution like Matomo, Fathom or Plausible. 

    These alternatives not only ensure compliance with regulations like GDPR but also provide peace of mind amid the uncertain relationship between Google and GDPR. Google Analytics has faced bans in recent years, raising concerns about the future of the solution.

    While organisations governed by GDPR can currently use Google Analytics, there’s no guarantee of its continued availability.

    Make the switch to privacy-friendly web analytics to avoid potential fines and disruptive rulings that could force you to change platforms urgently. Such disruptions can be catastrophic for marketing teams heavily reliant on web analytics for tracking campaigns, business goals and marketing efforts.

    Improve your B2B marketing attribution with Matomo

    Matomo’s privacy-by-design architecture makes it the perfect analytics platform for the modern B2B marketer. Matomo enables you to meet even the strictest privacy regulations.

    At the same time, through campaign tracking URLs, marketing attribution, integrations and our API, you can track the results of various marketing channels and campaigns effectively. We help you understand the impact of each dollar of your marketing budget. 

    If you want a competitive edge over other B2B companies, try Matomo for free for 21 days. No credit card required.