Additional Resources The definition of a Marketing Qualified Lead (and what it’s not) Read Now The definition of vanity metrics and how to identify them Read Now
Resolution is the measure of detail an image holds, while definition refers to the clarity and sharpness of the image.
What is a key performance indicator (KPI)? The definition of a Key Performance Indicator (KPI) is a measurable value that demonstrates how well a company achieves their key business objectives. Organizations use KPIs to measure their success at reaching targets. KPIs can be applied to industries...
In the definition of goal setting, you’ll notice the word “progress”.3It calls for a structured approach. Most frameworks and theories say to get specific, consider an important measurable way, set an end date, and lay the foundation for making your goal a reality.4It makes you stay ...
It answers questions to justify relationships with measurable variables to either explain, predict, or control a phenomenon. Types of quantitative methods include: Survey research Descriptive research Correlational research LEARN MORE: Descriptive Research vs Correlational Research Remember, it is only ...
This definition is a more comprehensive definition of organizational or systems productivity. Multi-Factor Productivity = Output Units/ (labour input + capital input + materials input) Analyzing the data related to MFP helps an organization to identify improper inputs and, thus, make the best use ...
Marketing metrics are the measurable data points used to assess and evaluate the performance and effectiveness of marketing campaigns, strategies, and tactics
The experience is measurable. Particularly when it’s in person, experiential marketing campaigns can be tough to measure. Some ways you can do this are through head count, post-event surveys, and use of experience-specific social media hashtags and landing pages. Online experiences are easier to...
Key performance indicators are one of the best ways to evaluate the success of your business in a succinct, measurable way. Having KPIs in place gives you a way to see whether your business is making progress toward success – as you define it. ...
What Is the Difference Between a Soft Skill and a Hard Skill? Hard skills are the measurable skills acquired through training, education, and practice. They are the abilities needed to perform a specific task or job. Soft skills are behavioral and interpersonal skills that relate to how effectiv...