Lima Consulting Group and tag auditing firm ObservePoint audited Internet Retailer’s top 100 companies of 2012 to examine how retailers are deploying tag management systems and determine connections between site load times and site overhead. According to the report, only 45 percent of the sites employed a tag management system.
The Lima Consulting Group and ObservePoint audit revealed the largest percentage (33%) of websites employed 9 – 12 tags, while nine percent of the sites had more than 16 tags.
Website owners use tag management systems to manage their site’s tags, similar to how content management systems (CMS) allow marketers to manage website pages. Categorized as an IT solution, tag management systems often are the responsibility of the CMO as marketing departments take on more technology initiatives.
The Lima Group notes:
Researchers forecast that within the next three years, the CMO will spend more on IT than the CIO, but we believe there are a lot of inefficiencies impending their ability to improving their return on marketing technologies.
After reviewing the data, the Lima Consulting Group claimed, “Retailers are leaving money on the table because they are overspending on their analytics solutions. They can’t rely on their digital marketing data if their implementations are faulty or slow.”
The audit discovered that 90 percent of the companies paid for an enterprise level analytics platform, and only 13 used Google Analytics as a primary solution.