Occam’s Razor

//Occam’s Razor

Occam’s Razor

My last week article was about KPI selection. I found a really good article about the same thing by Avinash Kaushik, he’s article was titled as Occam’s Razor.

The article itself is quite same as mine, structured a bit differently. He has a really good example about ‘Super lame’ and ‘Super Awesome’ KPI’s which illustrate very well how the KPI’s should be selected. I’ll list them here:

Super Lame:

  • Clicks
  • Page Views
  • Visits
  • Video Views
  • “Touches”
  • Emails Sent
  • # of Press reports

and then the Super Awesome:

  • Loyalty, Recency
  • Conversion Rate
  • Days & Visits to…
  • Amplification
  • Share of Self
  • Economic Value
  • Task Completion Rate

As you can see, the Awesome are true to their name. The lame ones are easy to come yup with. However they don’t actually tell you the thing you really wan’t to know, how well my channel is working for generating revenue.

So don’t be lame, be awesome!

By | 2014-04-16T18:07:57+00:00 April 8th, 2014|KPI|1 Comment

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One Comment

  1. Good post. I learn something new and challenging on sites I stumbleupon on a daily basis. It will always be exciting to read through articles from other authors and use a little something from their websites.

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