introduction to business analytics

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ANALYTICS FOR E-BUSINESS A primer for U50034 students Dr. Ana Isabel Canhoto Senior Lecturer Marketing Oxford Brookes University (c) Ana Isabel Canhoto, 2012

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Page 1: Introduction to business analytics

ANALYTICS FOR E-BUSINESS

A primer for U50034 students

Dr. Ana Isabel Canhoto

Senior Lecturer Marketing

Oxford Brookes University

(c) Ana Isabel Canhoto, 2012

Page 2: Introduction to business analytics

Business decisions

2

CONTROL

(c) Ana Isabel Canhoto, 2011 (c) Ana Isabel Canhoto, 2012

Page 3: Introduction to business analytics

Decision making in business

3(c) Ana Isabel Canhoto, 2012

Page 4: Introduction to business analytics

Decision making in business

4(c) Ana Isabel Canhoto, 2012

Page 5: Introduction to business analytics

Decision making in business

5(c) Ana Isabel Canhoto, 2012

Page 6: Introduction to business analytics

Decision making in business

6(c) Ana Isabel Canhoto, 2012

Copyrighted material. Check

http://tomfishburne.com/2011/11/social-

media-monitoring.html

Page 7: Introduction to business analytics

Analytics

Data

Insight

Decisions

7(c) Ana Isabel Canhoto, 2012

Page 8: Introduction to business analytics

Need for alignment

8

THREE KEY QUESTIONS

(c) Ana Isabel Canhoto, 2011 Source: Heskett et al. 2000 (c) Ana Isabel Canhoto, 2012

Page 9: Introduction to business analytics

Key areas to monitor

9

AS WELL AS…

(c) Ana Isabel Canhoto, 2011

Source: Olivier Blanchard Basics Of Social Media Roi (SlideShare)

Investment

Expectation of return (c) Ana Isabel Canhoto, 2012

Page 10: Introduction to business analytics

Investment

10

Dick, B. (1997) The Snyder evaluation process: an overview Available at

http://www.uq.net.au/action_research/arp/snyder-b.html

AS WELL AS…

(c) Ana Isabel Canhoto, 2011

Source: Olivier Blanchard Basics Of Social Media Roi (SlideShare)

Investment

Expectation of return

(c) Ana Isabel Canhoto, 2012

Page 11: Introduction to business analytics

Investment

Example: E-mail campaign

11(c) Ana Isabel Canhoto, 2012

Page 12: Introduction to business analytics

Investment

• Open rates

• Click-through rates

• Best days to send

• Impact of subject lines

• Impact of personalisation

• …

12(c) Ana Isabel Canhoto, 2012

Page 13: Introduction to business analytics

Process

13(c) Ana Isabel Canhoto, 2012

Page 14: Introduction to business analytics

Process

14Source: SEOptimise

(c) Ana Isabel Canhoto, 2012

Page 15: Introduction to business analytics

Process

15(c) Ana Isabel Canhoto, 2012

Page 16: Introduction to business analytics

Process

16(c) Ana Isabel Canhoto, 2012

Page 17: Introduction to business analytics

Process

17(c) Ana Isabel Canhoto, 2012

Page 18: Introduction to business analytics

Process

18Source: freestyleInteractive(c) Ana Isabel Canhoto, 2012

Page 19: Introduction to business analytics

Process

19

Gatorade’s mission control

(c) Ana Isabel Canhoto, 2012

Page 20: Introduction to business analytics

Process

Free Social Media Listening Tools

• Google Alerts

• Twitter Search

• Social Mention

• Addict-o-Matic

• Topsy

• Icerocket (blogs)

• OMGILI (forum searches)

• … 20(c) Ana Isabel Canhoto, 2012

Page 21: Introduction to business analytics

Customer

Your customers are your

most important asset!

No customers = No

business

21(c) Ana Isabel Canhoto, 2012

Page 22: Introduction to business analytics

Customer

22(c) Ana Isabel Canhoto, 2012

Page 23: Introduction to business analytics

Customer

• Best media to use for acquisition vs.

retention

• Conversion rates

• Comparison of messages, offers,

etc…

• Cost of acquisition

• Referral costs

• Etc

23(c) Ana Isabel Canhoto, 2012

Page 24: Introduction to business analytics

Customer

• Customer profiling

• Who, what, why, when…

• Actual buying behaviour

• Customer churn

• Changes in patterns

• Size and shape of SN

• …

24(c) Ana Isabel Canhoto, 2012

Page 25: Introduction to business analytics

Customer

25(c) Ana Isabel Canhoto, 2012

• Influence

Source: http://www.anacanhoto.com/Site/Ramblings/Entries/2012/3/7_Day_of_longboarding.html

Page 26: Introduction to business analytics

Caveats

26

As Einstein famously said:

Not everything that can be

counted counts, and not

everything that counts can

be counted.

(c) Ana Isabel Canhoto, 2012

Page 27: Introduction to business analytics

Caveats

27(c) Ana Isabel Canhoto, 2012

Copyrighted material. Check

http://tomfishburne.com/2012/03/e-

commerce-profiling.html

Page 28: Introduction to business analytics

Caveats

28(c) Ana Isabel Canhoto, 2012

Page 29: Introduction to business analytics

ANALYTICS FOR E-BUSINESS

Ana Isabel Canhoto

Senior Lecturer Marketing; Oxford Brookes

University

e: [email protected]

Twitter: @canhoto

www.anacanhoto.com

(c) Ana Isabel Canhoto, 2012