ibat-measurements-analytics_session

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Measurement & Analytics

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IBAT-Measurements and Analytics Session

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Page 1: IBAT-Measurements-Analytics_Session

Measurement & Analytics

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Resources

• http://analytics.blogspot.com/• http://www.smartinsights.com/strategy/digital-marketin

g-strategy/• http://www.kaushik.net/avinash/ (google evangelist)• http://www.advanced-web-metrics.com/blog/• http://twitter.com/#!/brianclifton• http://twitter.com/#!/davechaffey• http://www.roirevolution.com/blog/• http://online-behavior.com/• http://online-behavior.com/

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UsingRACE

forDigital

Marketing Optimisation

http://www.smartinsights.com

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SMART KPIs

SMART stands for goals or KPIs that are:

• Specific. Is the objective applied to measure real-world problems an opportunities

and drive performance?

• Measurable. Can a quantitative or qualitative attribute be used as a measure?

• Actionable. Can the information be used to improve performance? If the objective

doesn’t change behaviour in staff to help them improve performance, there is little

point in it!

• Relevant. Can the information be applied to the specific problem faced by

organisations?

• Time-related. Does the goal cover a period like month, quarter or year?

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Major/Minor Terms

Smartinsights.com/about/

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Online Marketing Key Performance Indicators

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Measurement

• Key Performance Indicators– Measures that help you understand how you are

doing against your objectives.– highlight success, or failures, for the objectives you

have created for your organization• Business Objectives:

– Increase Sales, Increase customer retention, Reduce Acquisition Costs, Increase # of leads, Increase share of voice, Increase quality of leads to sales, Reduce customer service costs

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Typical Trackable KPIs

• Increase Rate & Value of Conversions• Increase Average order size (ecommerce apps)• Increase Customer Lifetime Value• Increase Average Revenue Per User• Reduce Cost per Lead & Cost per Sale• Reduce Core Bounce rates• Increase Frequency and Return rates• Increase Recency Rates• Reduce Abandonment rates

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Metrics

• Traffic Related Statistics– # Page Views, Visits, Unique Visitors

• Channel Statistics – Decomposition of Organic, Paid, Email, Direct etc..

• Social Stats– # of Twitter, FB, Blog, LinkedIn followers/comments

• # of 3rd Party Links – Partners, Referrals, Promotions, Affiliates

• # of Newsletter signups• # of Site Specific Downloads

– Webinar Views, Articles, Whitepapers, podcasts

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Simple KPI Framework

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www.smartinsights.com

www.davechaffey.com/Spreadsheets

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Ways to Monitor Site Performance

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Acquisition Strategy

• How good is the acquisition strategy? Traffic Sources Report.

Around 40% to 50% Search is normal 20% or so Direct Traffic.20% to 30% Referring Sites10% Campaigns

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Check Visitor Loyalty & Recency

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Recency

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Length of Visit

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Landing Page Performance

• Landing Page Performance

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Google Analytics

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Add GA Code

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Tracking Txns

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Custom Alerts

Tip: Use Custom Alerts in your system

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Segmenting your audience by setting up advanced segments

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Segmentation

• Key referring segments:

• Search

• Paid vs Natural

• Branded vs non-branded

• Email marketing

• Affiliates

• Social media

• Don’t forget:

• New vs returning/customer non-customer

• First and last referrer. Use attribution scripts:

http://www.google.com/support/forum/p/Google+Analytics/thread?tid=0e672a6afb56558c&hl=en

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Segmenting Search

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Other Segmentation Options1. Segmentation by Referrer / Traffic source:• Paid• Natural• Paid and natural brand and non-brand• By number of keywords – 2,3,4• Social media 2. Segmentation by Visitor Type• New visitor• Returning visitor• Registered visitor• Customer

3. Segmentation by Engagement• 5 pages,• <3 pages

4. Segmentation by Content Viewed • Key landing page• Product page• Checkout complete• Folders for large organisation

5. Segmentation by Landing Page Type

6. Segmentation by Event:• Conversion goal types and E-

commerce

7. Segmentation by Platform (less important)

• Browser• Screen resolution• Mobile platforms

8. Segmentation by Location • Main markets• UK• US• FIGS• ROW

+ By behaviour – search and browse

See

http://www.smartinsights.com/blog/web-analytics/google-analytics-web-analytics/segmenting-google-analytics/

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Modifying profile setup within “Google Analytics Settings”

Customisation technique 5Goals and funnels

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Filter example

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20 goals in GA so group them!

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Setting up conversion goals

► Remember to►Setup multiple conversion goals►Attach notional value to each►Can then assess $Index value by referrer and content

► Ecommerce sites have specific product value attached so generally best not to add value to non-sales goal

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Conversion funnels► These can be setup for each conversion goal► Example: Email sign-up, Landing page, checkout► Consider higher level funnels – or use conversion goals for these

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Simple funnel setup and what NOT to do

Gotchas 1. The match type also applies to the funnel care with exact match Gotchas 2. Not actually the URL start with /<page>

Gotchas 4. Missing/wrongly assigning goal value

Gotchas 5. Required step may exclude some behaviour e.g. entry deeper into funnel

Gotchas 3. Including a trailing slash /

http://www.lunametrics.com/blog/2008/06/25/funnel-problems-google-analytics/NB – Segmenting funnel: http://www.lunametrics.com/blog/2010/06/04/segment-goal-funnel-google-analytics/

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Segment your funnels!

Source: http://www.lunametrics.com/blog/2010/06/04/segment-goal-funnel-google-analytics

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Voice of Customer

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Use Feedback tools for…“Why” not “What”

http://www.smartinsights.com/digital-marketing-software/website-feedback-tools-review/

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http://www.4qsurvey.com/

“Bad web site. Difficult to find item as no search box provided for short cut”

“I can't find any prices on your website” “Would like to see where I can buy products from” .

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Voice of the customer

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Gaining site and business innovation ideas through Uservoice

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Tools

• http://analyticsvisualizations.appspot.com/juicekit/AnalyticsVisualization.html

• www.wordle.net• www.iperceptions.com• www.kamplyle.com• www.getsatisfaction.com• www.uservoice.com• www.polldaddy.com• www.surveymonkey.com