Level up your data analysis skills with these expert tips

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Published in Data analysis on November 5, 2023
Author Jack Bird

Discover the most common data analysis pitfalls & how to avoid them

Digital marketing thrives on data, but the abundance of incomplete or questionable information often leads to misguided conclusions. Here we bring you the most common data analysis pitfalls that we encounter and provide the strategies we use to avoid them, taking you from misleading to meaningful data.

Jumping to conclusions

One of the primary challenges in data analysis is resisting the temptation to jump to quick conclusions just because things seem correlated. It’s crucial to recognise the multitude of factors that could be playing a role in those observed relationships. Think of it like having a checklist, to cover key scenarios like considering if it’s just a coincidence, thinking about the possibility of reverse causation, pondering if multiple things are causing the effect, checking if there’s a clear linearity in the data, and questioning if your findings apply more broadly. Instead of jumping to a conclusion, take a beat to think about the external factors that might be pulling the strings behind the scenes.

 

☑️ Complete coincidence Complete coincidence refers to the occurrence of events simultaneously without any direct connection or causal relationship. It suggests that the correlation between the events is purely accidental, lacking any meaningful cause-and-effect association.

 

☑️ Reverse causation Reverse causation occurs when the presumed cause-and-effect relationship between two variables is misunderstood. Instead of A causing B, it is actually B causing A. In other words, the effect is incorrectly assumed to be the cause.

 

☑️ Joint causation Joint causation occurs when two or more factors together contribute to the occurrence of an event or outcome. It implies that multiple independent causes act in concert to produce a particular result.

 

☑️ Linearity Linearity refers to a relationship between variables where a change in one variable is proportionally reflected in the change of another. In linear relationships, the pattern follows a straight line on a graph, and the degree of change is consistent across different levels.

 

☑️ Broad applicability Broad applicability indicates the extent to which a concept, model, or solution can be effectively used across various situations, industries, or contexts. A concept with broad applicability is versatile and can be adapted to address diverse challenges or scenarios.

Missing the context

In data analysis, context is crucial. To gain a true understanding of changes, it’s vital to compare metrics to previous periods and industry standards. This not only ensures a more accurate assessment of performance but also aligns with statistical principles. A helpful practice is to zoom out and incorporate data from previous years for a broader perspective. This proves particularly beneficial when examining sudden spikes or drops in website traffic. By looking at older data, we can uncover patterns that might be overlooked when fixating solely on recent information. It allows us to determine whether the current increase aligns with past trends or if it’s an unusual occurrence that requires further investigation. Essentially, understanding historical data helps us interpret current events more effectively, ensuring we don’t miss critical insights.

Trusting our tools

As digital marketers, we often rely on tools for analytics, but blind trust can lead to significant errors. Understanding the strengths and weaknesses of these tools is crucial. Issues such as external manipulation, arbitrary session grouping, vulnerability to ad blockers and sampling errors can compromise the accuracy of the data. Taking the time to evaluate the methodologies behind the tools we use and ensure they align with the specific goals of our campaigns is essential in order to interpret the results accurately. Regularly updating ourselves on the latest advancements in analytics technology and staying informed about any changes in algorithms can help us stay ahead of potential pitfalls. Additionally, cross-referencing data from multiple reliable sources can provide a more comprehensive and accurate picture of campaign performance.

Combining data sources

While combining data from multiple sources can provide a more comprehensive view, it comes with its own set of challenges. Different platforms have non-equivalent definitions, and the impact of data inconsistencies and discrepancies can be significant. Standardising and aligning data formats, units and terminology becomes crucial to ensure accuracy and reliability in the combined dataset. Additionally, issues related to data quality, such as missing or outdated information, may arise, necessitating thorough data cleaning and validation processes.

Expert help is at hand

Whether you’re dealing with complex data or using advanced statistical methods, seeking guidance from professionals can improve the accuracy and effectiveness of your decisions. Collaborating with the Let’s Drive Digital team means avoiding common mistakes and ensuring your data-based decisions are reliable. Together, we can uncover insights, reduce biases and optimise decision-making. Feel free to contact us and leverage our expertise to guarantee that your data-driven decisions translate into successful outcomes. We’d love to help!

 

Bring me meaningful data insights

Jack Bird

Managing Director

Having worked in the SEO industry for over four years and successfully grown sites both as personal projects and for clients, Jack is a seasoned SEO and specialises in producing content at high velocity to drive traffic. Jack is also a classically trained pianist and still plays in his spare time. A leading expert on Plytix PIM, there’s very little Jack doesn’t know about product information and how to manage it!

November 5, 2023

Level up your data analysis skills with these expert tips

Digital marketing thrives on data, but the abundance of incomplete or questionable information often leads to misguided conclusions. Here we bring you the most common data analysis pitfalls that we encounter and provide the strategies we use to avoid them, taking you from misleading to meaningful data.

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