web analytics in entrepreneurship

Post on 01-Jul-2015

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DESCRIPTION

Your website is going to be a big part of your startup venture and as entrepreneur you may rely even more heavily on online marketing. When doing this, you need to be able to use metrics to analyze how your online campaigns are doing. Furthermore, using analytics is a key part of a lean startup methodology which helps you build a product that customers like, using real data, meaning that you can move faster and make better decisions than if just relying on intuition.

TRANSCRIPT

Web Analytics in Entrepreneurship

Entrepreneurship, Goethe-Universität

Web Analytics in Entrepreneurship

Entrepreneurship, Goethe-Universität

AGENDA

Setting goals Metrics Reports Conversion Social Media Decision Making

WHO AMI?

erik bernskiöld

Consultancy Web & Digital Strategy

WordPress Web Agency

Analytical Mindset

IDEAS

PRODUCT

MEASUREMEASURE

DATA

MEASUREBUILDMEASURELEARN

IDEAS

PRODUCT

MEASUREMEASURE

DATA

BUILDMEASURELEARN

GOALSSETTING PROPER

GOALSMORE SALES

MORE VISITORS

HIGHER REACH

HIGHER ENGAGEMENT

MORE CONVERSIONS

KPIsSALES

VISITORS

REACH

ENGAGEMENT

CONVERSIONS

PRIMARY GOALby

IMPROVING “FEATURE X”

USER GROWTHGREAT EXPERIENCES

GOOGLE ANALYTICS

GOOGLE ANALYTICS

Free & Powerful

METRICSCENTRAL

PAGEVIEWS vs. SESSIONS

Bounce Rate is the percentage of single-page visits (i.e. visits in which the person left your site from the entrance page without interacting with the page).

- Google Analytics

PAGES PER SESSION

AVERAGE SESSION DURATION

REPORTSUSEFUL

REFERRALS

GEOGRAPHY

DEMOGRAPHICS

USERS FLOW

HEAT MAPS & CLICK MAPS( )

CONVERSION

A user completes an action that is

positive to us.

GOAL TRACKING

www.mysite.com/product

Complete a form

Thanks for…

www.mysite.com/product

Complete a form

100%

Thanks for…

70%30%

SOCIAL MEDIAMEASURING

REACH INTERACTIONS Clicks, Likes, Shares, Comments… (CONVERSIONS)

ADDITIONAL METRICS

FACEBOOK INSIGHTS

TWITTER ANALYTICS

DECISION MAKING

IDEAS

PRODUCT

MEASUREMEASURE

DATA

MEASUREBUILDMEASURELEARN

UNDERSTANDING USER BEHAVIOR

A/B TESTING AD CAMPAIGNS

BEWARETOO LITTLE

AVAILABLE DATA!

BEWARELACK OF

COMPARISON!

AGENDA

Setting goals Metrics Reports Conversion Social Media Decision Making

Contact Meerik@bernskioldmedia.com

www.erikbernskiold.com

@ErikBernskiold

facebook.com/bernskiolderik

QUESTIONS

???????

Web Analytics in Entrepreneurship

Entrepreneurship, Goethe-Universität

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