Friday 15 Podcast

How to Make Analytics Actionable in B2B Ecommerce

Brian Beck and Andy Hoar on why most B2B companies lack the analytics they need, why alignment matters more than digital maturity, and what Amazon teaches about data culture.

Friday 15 Podcast

Key takeaways

  • BCG research shows that two-thirds of B2B purchases are influenced by digital but happen offline, meaning traditional ecommerce dashboards miss most of the story.
  • Harvard Business Review identifies three levels of analytics maturity: descriptive (what happened), predictive (what will happen), and prescriptive (what to do about it), with prescriptive being the goal.
  • Research shows that analytics has a multiplier effect for companies that are both aligned internally and digitally mature, but underperforms for misaligned companies even if they are digitally advanced.
  • At a Master B2B round table in New York, 78% of practitioners said analytics was their number one priority for 2025, ahead of customer experience.
  • A LinkedIn poll found that 56% of B2B practitioners feel they do not have enough information on their analytics dashboards to make actionable decisions.

Amazon Accelerate and the one-hour delivery future

Brian was in Seattle at Amazon Accelerate, their annual seller conference with 5,000 attendees and thousands more online. The big B2B announcement was that Amazon is now allowing advertising specifically designed to reach business customers, something they had not permitted before. Brian also highlighted Amazon’s continued push on logistics: one-hour drone delivery is coming to key markets by the end of the year. The gap between science fiction and reality keeps shrinking.

They continue to push the bar. They do things that are counter to their own core business. They are enabling other off-Amazon transactions to occur, which is counterintuitive, but they believe it is better for customers.

Brian Beck, Master B2B

Traditional dashboards miss the full story

Brian showed a typical Google Analytics dashboard: visits, page views, conversion rate, revenue, bounce rate. These metrics are useful for understanding what happens on the website, but they miss the offline transactions that digital influences. BCG research shows that two-thirds of B2B purchases are influenced by digital even when the transaction happens offline. If analytics only measure online conversions, they undercount digital’s true impact.

Three levels of analytics maturity

Andy summarized a Harvard Business Review framework. Descriptive analytics tells you what happened, like a weather report saying it rained yesterday. Predictive analytics tells you what will happen, like a forecast of rain in three days. Prescriptive analytics tells you what to do about it, including when, where, and how much. The prescriptive level is the goal, but it requires a strong data foundation and, critically, alignment between business goals and what the analytics team measures.

Alignment matters more than maturity

Andy shared research on how alignment affects analytics outcomes. Companies that are both aligned internally and digitally mature see analytics produce a multiplier effect on growth and financial KPIs. But companies that are digitally mature yet misaligned see analytics underperform, sometimes with negative effects. If the C-suite is thinking one thing and the analytics team is measuring another, the data does not translate into results.

If they are not intellectually honest about what their business is doing from a digital perspective, the analytics are going to be off because the analytics do not reflect the business.

Andy Hoar, Master B2B

The challenge of too much data

Mark Vasquez from Ideal Clamp Products raised a different problem in the comments: a proliferation of data and changing KPIs. Companies may not realize they are tracking the wrong things until they have been doing it for too long, and the dashboard becomes a mile long. Brian noted that Gartner surveys showed analytics priorities shifted dramatically between 2018 and 2022, from internal metrics to external ones. Analytics reflects business strategy, and when strategy shifts, the metrics lag behind.

What Amazon teaches about data culture

Brian connected the discussion to Amazon’s culture. At the conference, Doug Harrington, CEO of Amazon Retail, talked about how Amazon uses AI for predictive analytics. But what stood out was Amazon’s insistence that data be viewed objectively. Teams compete internally because optimizing for one group can hurt another. Someone has to make a decision, and the data wins. This intellectual honesty is what makes analytics actionable.

Analytics is the number one priority for 2025

At the New York round table, participants were asked to rank their top priorities for 2025. The number one answer was analytics, ahead of customer experience. A former Amazon data scientist at the event noted that only about 12% of tests produce actionable results. The other 88% tell you nothing. Testing is still valuable, but expectations should be calibrated.

Most companies lack the data they need

A LinkedIn poll asked whether practitioners have enough information on their analytics dashboards to make actionable decisions. The results: 56% said not enough, 22% said too much, and only 22% said just the right amount. The foundation is still the hardest part: getting the right data into one place so it can be analyzed. That challenge will define the analytics agenda for 2025.

Frequently asked questions

Why do traditional ecommerce analytics miss the full picture in B2B?

Traditional ecommerce dashboards measure website metrics like visits, conversion rates, and revenue. But BCG research shows that two-thirds of B2B purchases are influenced by digital channels even when the transaction happens offline. If a buyer researches online and then calls a sales rep to place the order, the website gets no credit. This means analytics that focus only on online transactions undercount the true impact of digital.

What are the three levels of analytics maturity?

Harvard Business Review describes three levels. Descriptive analytics tells you what happened, like a weather report that says it rained yesterday. Predictive analytics tells you what will happen, like a forecast that says rain is coming. Prescriptive analytics tells you what to do about it, including when, where, and how much. The goal for most companies is to reach the prescriptive level, but it requires a strong data foundation and organizational alignment.

Why does internal alignment matter more than digital maturity for analytics success?

Research found that analytics has a multiplier effect for companies that are both aligned internally and digitally mature. But for companies that are digitally mature but misaligned, analytics underperforms. If the C-suite and the analytics team are measuring different things or have different priorities, the data does not translate into business results. Alignment means the CEO and the analytics lead would give the same answers if asked about business goals.

What is the biggest challenge in making analytics actionable?

Collecting data in one place is the biggest challenge. B2B companies often have data scattered across systems, making it difficult to build a holistic view. Other challenges include comparing data over time, aligning KPIs with business goals, and avoiding the proliferation of metrics that makes dashboards unwieldy. One practitioner noted that companies may not know they are tracking the wrong things until they have been doing it for too long.

How effective is testing in improving analytics?

A former Amazon data scientist shared at a Master B2B round table that only about 12% of tests result in actionable insights. The other 88% tell you nothing useful. This does not mean testing is worthless, but it means companies should expect most experiments to be inconclusive. The value comes from the tests that do produce insights, and building a culture that supports continuous experimentation.

What does Amazon teach about data culture?

Amazon is known for demanding that data be viewed objectively. Teams sometimes compete internally because optimizing for one group's metrics can hurt another group's metrics. Someone has to make a decision, and the data wins. This culture of intellectual honesty about what the data shows, rather than using data to tell a preferred story, is what enables analytics to drive business results.

Sources & methodology

  1. Friday 15 Podcast, Master B2B
  2. BCG, research on digital influence on B2B purchases
  3. Harvard Business Review, analytics maturity models
  4. Gartner, 2018 and 2022 surveys on analytics priorities
  5. Master B2B LinkedIn poll on analytics dashboards, September 2024
  6. Amazon Accelerate 2024
Andy Hoar Andy Hoar
Co-Founder, Master B2B

Andy is a Co-Founder of Master B2B, founder of Paradigm B2B and author of the book Bot2Bot: The New Future of B2B Commerce. Andy is one of the leading global authorities on B2B commerce strategy.

Brian Beck Brian Beck
Co-Founder, Master B2B

Brian is a co-founder of Master B2B, Managing Partner of Amazon agency Enceiba, and author of the book "Billion Dollar B2B Ecommerce." Brian has also been C-level digital commerce executive with two decades of experience.

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