Why hiding behind vanity numbers is hurting your credibility – and how to make marketing truly matter.
Ever sat in a meeting proudly quoting MQLs, open rates and click-throughs, only to see the Sales team roll their eyes? Here’s the truth: those numbers aren’t telling the story you think they are.
The comfort blanket of big numbers
Marketers, we have a problem. We’ve become addicted to numbers that look good but mean very little. Open rates, click-through rates, bounce rates, visits and visitors, likes and shares – they’re easy to measure, easy to report, and easy to spin into a story of success. But scratch the surface and it all changes: these metrics are all too often meaningless when it comes to proving marketing’s impact on the business.
And worse? By playing along and hiding behind these numbers, marketers risk losing credibility with the people who matter – the board, the CFO, and most importantly, the sales team – the first line who knows that the ‘warm’ leads they’re being passed are really as cold as a dodo’s toes.
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The mask of vanity metrics
Let’s call them what they are: vanity metrics. They make us feel good, but they rarely really count commercially.
• Open rates
Inflated by bot activity and privacy changes, a measured ‘open’ just doesn’t equal interest. Sad to say, but latest stats show around 60% of B2B email opens are from anti-phishing or other cyber security software just checking you out. Whether data is net cold / new, cold (to you), even third party optin or legitimate interest lists, – even your own opted in contacts may not remember why they did – until you’re into established relations territory, in a pattern of comms, you’re probably kidding yourself.
• Click rates
See above. Bots click too, so much more than we like to believe. And even when humans click, be aware that curiosity in isolation isn’t commitment. Engagement is though – what happens next – more on that later.
• Bounces & time on page
A low bounce rate doesn’t mean success either. A visitor could spend five minutes on your page because they’re lost, or gone for a coffee, not engaged. What happens next is the interesting thing.
• Social likes and shares
As I’ve said before, Beware the Social Echo chamber! Big numbers backing up social posts are great to see, but if they’re all your employees, even well-connected ones, you still have work to do.
These metrics aren’t evil – they really can be useful. But they’re not proof of marketing effectiveness. Reporting them as success indicators, too often in isolation, is a dangerous game.
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Why marketers play along
Why do we do it? Because it’s easy. Because stakeholders ask for them. Because we’re spending company money and the stats make us look busy and successful. But a word of caution: every time we hide behind these numbers, we reinforce the myth that marketing is a cost centre, not a growth driver.
If we want marketing to be taken seriously, we need to stop hiding behind the mask and start measuring what matters.
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What really counts
Marketing’s job is to drive growth. That means connecting activity to pipeline, conversion, and lifetime value (LTV) – the metrics that sales and finance care about, the ones that good marketers should.
• Pipeline contribution
How much qualified pipeline did your campaign generate or help along? Not clicks, not visits – actual opportunities. B2B is hard to measure, with multiple contacts at complex organisations, but that’s the game, and measurement is doable, with martech (and a backup spreadsheet if you have to).
• Conversion rates
From lead to opportunity, and opportunity to customer. This shows whether your marketing is attracting the right audience. Take a bit of time to figure out conversions – they don’t all have to be completing a form for a meeting – just a notable step or positive action can be an initial indicator of meaningful success – and build an armoury of these. Your prospects are taking small steps, so follow their path.
• Revenue influence
Did marketing touch deals that closed? Attribution isn’t perfect, but directional influence matters. It’s hard though, we all know it is, and sales (love ‘em) will always want to show how they built the deal, all on their own, but with today’s tech, weaving together the influence of ‘touches’, even if it does mean some manual attribution, is worthwhile in the longer term. If your campaigns have focus, ABM-like, this makes it easier to spot, attribute and learn, even with multiple players at an account.
• Customer lifetime value (LTV)
Are you acquiring customers who stick around and spend more? Marketing can be optimised for quality, not just quantity.
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Making marketing more meaningful
So how do we shift from meaningless metrics to meaningful measurement?
1. Stop reporting vanity metrics in isolation
They can be diagnostic, but they’re really not success indicators. Take a look at your email reports. Some software will help you filter out the bot clicks, but a quick glimpse will raise a question in your mind. All those opens and clicks from the same company? Hm, probably not for real. Immediate opens stacking up just after the send? same, sorry. Clicks that have then continued a journey, maybe revisited that email and spent time on a page? That’s what we want to see, those will start to count. Make an effort to join up steps of customer journeys, seek engagement not hits, filter out the company echo chamber in your socials and see what counts.
2. Align reporting with business outcomes
Build dashboards that show pipeline, conversion, and revenue influence. If your campaigns reporting needs help, ask the CRM whizz, someone will know.
3. Be straight with stakeholders
Explain why open rates don’t equal engagement and why relating to pipeline matters more. This might mean buying time to show what’s working, perhaps persuading sales to assist with tracking attribution touches, but the commercial head honchos should appreciate this candid approach. It should mean you can focus efforts more on the activities and approaches that combine to build deals. If they don’t, perhaps it’s time to spruce up your cv.
4. Automate attribution where possible
Use CRM and marketing automation tools to connect campaigns to revenue. Easier said than done, you might have to cobble some bits together, especially at complex organisation structures, and wallpaper over the gaps, but the truth is out there.
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The three Ms: Metrics, Myths and Masks
Marketing can’t afford to hide behind a mask. Vanity metrics are myths that keep us comfortable but powerless. If we want marketing to matter, we need to make it meaningful – by measuring what drives growth, reporting what influences revenue, and proving our impact on the business.
So next time you’re tempted to parade the open rates, ask yourself:
Do you want pretty numbers, or can you prove that marketing is powering up the pipeline?
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Stop hiding behind the mask. If you want to start making marketing meaningful, give me a shout, I’d be happy to help you work it out.