According to a new Online Measurement and Strategy Report, “companies are typically failing to adopt a coherent strategy that ties in web analytics data with business objectives - just 18% of surveyed firms do so.” Apparently, organizations are “under-investing in internal analytics staff and failing to implement a coherent measurement strategy which can help them turn their data into something of real value to their business.”

Approximately 700 companies took part in the survey, including 434 client-side companies and 229 supplier-side respondents (constituting agencies, consultancies and analytics vendors).

Although 88% of companies polled said that web analytics are important for measuring traffic to websites, cost and resources were seen as the greatest hindrance to effective data analysis. 48% of organizations do not have any dedicated web analysts.

For anyone who participates online, whether via blogs, social networks and even instant messenger, having some form of a history log is helpful to gain a better understanding of past trends and possibly predict the future. Sure, there are some frustrations with current web analytics offerings, but as we continue to live in an increasing hyper-digital world, effective measurement and targeting will become a necessity.

For more information about Burson-Marsteller’s evidence-based approach and strategic analysis offerings, see our Strategic Development section on www.bm.com.