Transcript
Page 1: Better Business Decisions with Google Analytics

BETTER DECISIONS WITH GOOGLE

ANALYTICS

Craig Martin Performance Foundry

!http://performancefoundry.com

Page 2: Better Business Decisions with Google Analytics

TODAY• A brief introduction to Google Analytics terminology and its quirks.

• Cutting through the noise to find relevant data for current issues.

• Using Analytics data to make better decisions about your website.

• Creating custom dashboards to monitor specific experiments.

• Setting and tracking goal values for specific quality measurements.

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WHY USE ANALYTICS?

• De-facto standard

• Powerful data tools

• Other options exist

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HOW DOES IT WORK?• Tracking code on website.

• If page doesn’t completely load, not tracked.

• By default, Performance Foundry stops code from loading if logged in as Admin/Editor.

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FIRST LOOK

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TERMINOLOGYDashboard Similar to a ‘view’ or ‘report’ Sessions A unique visit to your site Users Visit from a device/logged-in user Pageviews The total pages viewed !

A user may initiate multiple sessions; in that case, they are a ‘returning visitor’. A session is closed if there is no activity inside 30 minutes.

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TERMINOLOGYTime on Site Sounds obvious, but is only counted if people open a second page. !Bounce Rate The percentage of users that never open a second page. !Low time on site and high bounce rate are often correlated. And it’s usually good to improve this.

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IT’S REALLY NOISY IN HERE

Analytics gives us too much information for a small business to handle.

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WORKFLOWWhat number or ratio impacts your business?

!

Can we benchmark this? !

How can we experiment with this? !

Did the experiment work?

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What number or ratio impacts your business? !

Sally runs a publishing business, and her main income is from display advertising.

!She gets paid when people people load a page with

an ad on it. !

The ratio she needs to measure is the number of pages that get loaded (assuming 100% inventory).

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Can we benchmark this? !

Luckily, pageviews are easy to track.

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At the moment, we can see Sally’s business is in trouble. !

Identified important change: decrease in sessions. Important ratios: high bounce-rate, low return rate.

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IDEAS…Increase number of visitors through:

- Search - Social Media

- Email campaign - In-person appearances

- Conferences/Sponsorship - Pay-per-click ads - Pay-per-view ads

Also:

- Improve number who return - Improve number who view 2+ pages

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BENCHMARKCreate a dashboard

!Add vital statistics

!Set goals

!Add goals to our dashboard

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Now we have some actionable data: Why have referrals fallen?

What happened to direct/no medium?

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WE CUT OUT NOISE BY IDENTIFYING WHAT

MATTERS TO THE BOTTOM LINE.

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WORKFLOWWhat number or ratio impacts your business?

!Can we benchmark this?

!

How can we experiment with this? !

Did the experiment work?

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BE LOGICALWebsite experiments should be

• Clearly stated • Measurable • Actionable • Able to fail

So how do we make it available in Analytics?

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USE THE ‘SECRET’ ANNOTATIONS

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USE ANNOTATIONSWhen you: !•Make a large editorial change to your website. !

•Run a major update to operating system, theme, or any code. !

•Experience traffic surges or media coverage.

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ANNOTATIONS GIVE YOUR ANALYTICS PICTURE-

PERFECT RECALL. !

They answer the questions: ‘why’ and ‘what happened’?

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BEWARE!• Vanity metrics: those numbers that look good, but don’t change your bottom line.

• Seeing a one-off occurrence and thinking it is a trend.

• Everything you track should be something you can change. If you can’t create an experiment to change it, ignore it until resources are available.

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TODAY• A brief introduction to Google Analytics terminology and its quirks.

• Cutting through the noise to find relevant data for current issues.

• Using Analytics data to make better decisions about your website.

• Creating custom dashboards to monitor specific experiments.

• Setting and tracking goal values for specific quality measurements.

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Q&AAsk your questions via the chat box.

My question to you:

“What’s your take-away action from today?”

Contact: Craig Martin

[email protected]

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BETTER DECISIONS WITH GOOGLE

ANALYTICS

Craig Martin Performance Foundry

!http://performancefoundry.com


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