Multichannel Analytics

What Does Multichannel Analytics Mean?

Multichannel analytics is the practice of getting information from various customer channels, such as radio, television, Internet, print, etc., and then combining these pieces of information into one software environment that allows comprehensive reporting and analysis.


Techopedia Explains Multichannel Analytics

Multichannel analytics allows companies to really see why people are buying or converting into customers. It often reveals, for example, the share of conversions that are based on or assisted by social media messaging.

One of the controversies that multichannel analytics helps solve is the question of return on investment on supplementary marketing activities such as Facebook or Twitter posting. With a good multichannel analytics platform, marketing executives and other officers can see not only which conversions have been based on the use of social media, but also where social media or other platforms have been assistive.

The idea is that many customers utilize multiple "touch points" before they finally convert, and without multichannel analytics, it is difficult to see whether conversions that happened directly on the website or in a store were supported by previous social media communications or not. This is one of the major values of this type of analytics in the overall business intelligence environment.


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Margaret Rouse

Margaret Rouse is an award-winning technical writer and teacher known for her ability to explain complex technical subjects to a non-technical, business audience. Over the past twenty years her explanations have appeared on TechTarget websites and she's been cited as an authority in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine and Discovery Magazine.Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages. If you have a suggestion for a new definition or how to improve a technical explanation, please email Margaret or contact her…