setting goals and measuring performance of your economic development website

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1 Smarter Software for Communities July 9, 2015 SETTING GOALS AND MEASURING THE PERFORMANCE OF YOUR ED WEBSITE REVIEW PERFORMANCE, INTERPRET ANALYTICS, AND INCREASE PERFORMANCE OVER TIME

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Smarter Software for Communities

July 9, 2015

SETTING GOALS AND MEASURING THE PERFORMANCE OF YOUR ED WEBSITE

REVIEW PERFORMANCE, INTERPRET ANALYTICS, AND INCREASE PERFORMANCE OVER TIME

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In this session you will learn to…

1. Review available performance benchmarks for economic development websites

2. Interpret website analytics

3. Interpret GIS analytics

4. Interpret lead conversion analytics to your CRM

5. Recommended analytics for small and midsized organizations

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About Your Presenter

Ben WrightCEO, Product Visionary, Metrics Thought Leader

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Smarter Software for Communities

How to review the available benchmarks for website analytics?

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Understanding the key metrics for economic development

Source: Putting High Performance Economic Development into Practice, 2014 Atlas Advertising

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Understanding the average EDO

Source: Putting High Performance Economic Development into Practice, 2014 Atlas Advertising

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How to set appropriate goals for your website based on your size

Source: Putting High Performance Economic Development into Practice, 2014 Atlas Advertising

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How do you get this report?

Website: www.atlas-advertising.com

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Smarter Software for Communities

Enter answer into your questions box: What is your

most important organizational metric?

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Smarter Software for Communities

How to interpret website and GIS analytics?

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Metric Recommended Goal

Total online advertising impressions

20 x your target website sessions

Total social interactions 20x your target website sessions

Website Visits Number of sessions on your website

2,250 sessions per month for average EDO (all sizes)

Average time on site for your website

2 minutes for average EDO

Conversion Goals 2-15% of views of conversion page

Conversions to Conversations

Views of contact pages 10% of sessions

Views of property details pages 38% of sessions

Conversions to LinkedIn 10% of sessions

So what metrics should you be tracking?

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What sources of analytics are there?

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Metric Recommended Goal Source

Total online advertising impressions

20 x your target website sessions

Google Adwords

Total social interactions 20x your target website sessions

HubSpot, Hoot Suite

Number of sessions on your website

2,250 sessions per month for average EDO (all sizes)

Google Analytics

Average time on site for your website

2 minutes for average EDO Google Analytics

Conversion goals 2% of views of conversion page

Google Analytics, Crazy Egg

Views of contact pages 10% of sessions Google Analytics

Views of property details pages

38% of sessions Atlas InSite Analytics

Conversions to LinkedIn 10% of sessions LinkedIn Profile Views

Where do you go to find each metric?

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Using Google Adwords to Drive Traffic

1. Shows you real time campaign performance

2. Helps you optimize for each keyword

3. Lets you manage your budget

4. Helps you master the source of 30 to 50% of your website’s traffic

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How do you get Google Adwords?

1. Visit the URL below

2. Set up keywords and simple text ads yourself

3. Set bid limits to match your budget (daily or weekly)– You only pay for

clicks to your website, often between .10 and $5.00 per click

4. Track and optimize

5. Or, hire a professionalWebsite: www.google.com/adwords

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Using social publishing tools to drive and track traffic

(HubSpot)

1. Helps you track interactions with email, social, and other digital communications

2. Helps you track interactions by persona

3. Helps you master all digital sources of traffic

17How do you get HubSpot?

1. For organizations spending 50K per year+ on marketing

2. Visit the URL below

3. Find a partner agency (such as Atlas)

4. Go through setup and onboarding training

5. Use to send email, post social messages, and aggregate all traffic

6. Pay between $200 and $2,000 per month

Website: www.hubspot.com

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Using social publishing tools to drive and track traffic

(Hootsuite)

1. Helps you track interactions with multiple social accounts

2. Allows you to search other posts to re-publish

3. Analytics for total interactions, clicks by region, referrers, and more

4. Helps you master your social publishing

19How do you get Hootsuite?

1. Visit the URL below

2. Great for small EDOs

3. Set up a free account (3 social profiles)

4. Add your LinkedIn, Twitter, and other accounts

5. Use to publish your social media from one spot

6. You only pay for analytics reports ($10 per month)

Website: www.hootsuite.com

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Using Google Analytics to track website traffic

1. Basic dashboard includes sessions, time on site (session duration)

2. Includes additional basic metrics such as page views, session duration (time on site), pages per session, new versus return users, and bounce rate

3. Handy tools allow you to adjust dates

4. You can also set up emailed reports

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Using Google Analytics to track website traffic by geography

1. Within economic development, traffic from outside a community is often viewed as more valuable than traffic inside

2. Using Google Analytics, you can track traffic from anywhere in the world to your website

3. This visual tool is great for presenting to stakeholders and boards

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Using Google Analytics to track goals/ conversions

1. Goals are what you defined them to be (form completions, files downloaded, email address clicks, views of particular pages, and more)

2. Requires custom setup within Google Analytics

3. Can be exported to a custom dashboard

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How do you get Google Analytics?

1. Visit the URL below

2. Free, and very robust analytics

3. Data is collected by installing code on website pages

4. Comes installed on all Atlas and CS websites

5. Can deliver regular reports via email, or custom, on demand reports online

Website: www.google.com/analytics

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Using GIS analytics to track traffic

1. Designed to track interactions that Google Analytics can’t.

2. Includes total property searches, most popular properties, total business searches, business searches by industry, reports generated, and reports by type.

3. Shows you the overall engagement with your GIS system. One key ratio: property searches to website sessions should be 38:100.

4. Sets the stage for more advanced conversion from GIS user to prospect.

25Detailed property analytics

1. Shows you the top 50 most popular properties in the last month

2. Gives you a sense of the inventory you have that is being viewed, and what isn’t

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How do you get InSite GIS analytics?

1. Visit the URL below

2. Comes with every InSite GIS

3. No code to install

4. Users can log in via “Performance Tab” to get regular reports on demand

Website: http://communitysys.com/Products/Geographic-Information-Systems.aspx

27Conversion to LinkedIn

1. Perfect for your business development staff

2. Tracks views of profile without individuals entering any data

28Conversion to LinkedIn

1. Very easy interface to scan who has viewed your profile

2. Very clear action steps for follow up (connect, message)

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How do you get LinkedIn analytics?

1. Set up or log in to your LinkedIn account

2. Click “Profile,” then “Who’s Viewed Your Profile”

3. There, you can also see who has viewed your posts/status updates

4. Some of this functionality is free, other features cost $75 per month with executive plan

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Smarter Software for Communities

How do these analytics drive interactions that make a

difference?

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How do these interactions drive conversations with

companies?

125 Website Visits for Each

Company Served

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How can you visualize all of this data to make it simpler?

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How can you visualize all of this data to make it simpler?

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How should these analytics impact your CRM system?

1. In economic development, as in most B2B sales environments, 90%+ of leads start online

2. CRM systems like Salesforce or HubSpot CRM are designed to integrate with digital marketing systems and to store leads that are created

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Smarter Software for Communities

Recommendations for a 1-3 person EDO

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Recommended analytics for a 1-3 person EDO

1. Google Analytics for website traffic

2. InSite analytics for GIS usage

3. Hootsuite for social publishing

4. LinkedIn free account

5. Google doc/spreadsheet for metrics tracking and reporting

6. Simple CRM or spreadsheet to track prospects

Annual Cost: <$500 per year

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Smarter Software for Communities

Recommendations for a 4+ person EDO

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Recommended for a 4+ person EDO

1. Google AdWords account

2. Google Analytics for website traffic

3. InSite analytics for GIS usage

4. HubSpot for email, social publishing, website conversion

5. LinkedIn executive account

6. Dashboard from Leftronic for integrated, real time reporting

7. CRM such as Salesforce for prospect responses

Annual Cost: $20,000+ per year

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Smarter Software for Communities

Next Session: Using Digital Tools to Generate Leads to Your EDO

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Next DigitalEDU session

Using Digital Tools to Generate Leads to Your EDO

July 22, 2015

11:30am – 1:00pm MST

To register: http://communitysys.com/About-Us/Upcoming-Webinars.aspx

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929 BroadwayDenver, CO 80203Contact: Ben Wright

t: 720.420.3800 x 210

[email protected]

www.Communitysys.com

Thank you and stay in touch!

Smarter Software for Communities