Improving Marketing ROI With Web Analytics

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    Improving Marketing ROI With Web Analytics - Presentation Transcript

    1. Charlotte AMA Featured Presentation Web Analytics Defined Review Web Analytics Solutions Improving ROI Getting Started
    2. Introductions WebsiteBiz is a Results-Driven Interactive Marketing Agency • Founded in 1997 • Headquartered in Charlotte, NC • 51st Fastest Growing Marketing Firm by Inc. Magazine • Diverse Client List: CONFIDENTIAL 2 tÉÄëáíÉ_áò
    3. What is Web Analytics? Web Analytics: A process for collecting data, conducting analysis, and reporting Web site activity and results. CONFIDENTIAL 3 tÉÄëáíÉ_áò
    4. Why Web Analytics? CONFIDENTIAL 4 tÉÄëáíÉ_áò
    5. Why Web Analytics? CONFIDENTIAL 5 tÉÄëáíÉ_áò
    6. Why Web Analytics? “Firms use web analytics to optimize customer experience and marketing” CONFIDENTIAL 6 tÉÄëáíÉ_áò
    7. Who Is Your Customer? CONFIDENTIAL 7 tÉÄëáíÉ_áò
    8. What Can We Track? Things like… • How People arrive at a website • How they navigate a website • How they find information on a website • How they value website content • How they respond to calls-to-action CONFIDENTIAL 8 tÉÄëáíÉ_áò
    9. How Do We Track? We need web analytics tools to help: 1. Understand what customers do online 2. Find opportunities 3. Drive customer experience and marketing CONFIDENTIAL 9 tÉÄëáíÉ_áò
    10. Changing Marketing Landscape CONFIDENTIAL 10 tÉÄëáíÉ_áò
    11. Changing Marketing Landscape The Web Analytics market is maturing: • Since 1995 vendors consolidating and expanding • Demand and Sales are at record levels • Fewer executives are asking “What is web analytics?” • More are asking “How can we leverage Web analytics to make better business decisions?” CONFIDENTIAL 11 tÉÄëáíÉ_áò
    12. Choosing a Web Analytics Solution All Web analytics solutions collect data and generate reports. But that’s where the similarities end: • Diverse data collection and reporting • Add-ons to base products • Confusing pricing models CONFIDENTIAL 12 tÉÄëáíÉ_áò
    13. Agenda Web Analytics Defined Leading Web Analytics Solutions Getting Started Case Study Q&A CONFIDENTIAL 13 tÉÄëáíÉ_áò
    14. Choosing a Web Analytics Solution CONFIDENTIAL 14 tÉÄëáíÉ_áò
    15. Choosing a Web Analytics Solution Source: Forrester Wave Web Analytics – Q3 2007 CONFIDENTIAL 15 tÉÄëáíÉ_áò
    16. Web Analytics Solutions Strongest Performer Powerful and flexible Deep data analysis and segmentation Excellent 3rd party application integration Best suited for medium and large organizations Pricing based on page views Source: JupiterResearch Executive Survey 2007 CONFIDENTIAL 16 tÉÄëáíÉ_áò
    17. Web Analytics Solutions What’s New? • Video Measurement • Web 2.0 - RSS Feeds, Blogs, Streaming Media • “One-minute distribution of dashboard reports” Source: JupiterResearch Executive Survey 2007 CONFIDENTIAL 17 tÉÄëáíÉ_áò
    18. Web Analytics Solutions Largest Market Share Powerful and Flexible Advanced segmentation and analysis tools More upfront work to implement Need internal resource to manage and maintain Best for medium to large enterprises Pricing based on page views Source: JupiterResearch Executive Survey 2007 CONFIDENTIAL 18 tÉÄëáíÉ_áò
    19. Web Analytics Solutions What’s New? ○ Web 2.0 Reports – RSS Feeds, Blogs, Streaming Media ○ Drag & Drop to create ROI calculations Source: JupiterResearch Executive Survey 2007 CONFIDENTIAL 19 tÉÄëáíÉ_áò
    20. Web Analytics Solutions Strong Market Share Considered a Contender Streamlined and Simple Interface Integrates nicely with Adwords Limited customization and advanced tracking Best for small businesses Price is Right = Free! Source: JupiterResearch Executive Survey 2007 CONFIDENTIAL 20 tÉÄëáíÉ_áò
    21. Web Analytics Solutions What’s New? ○ Updated Visual Interface ○ Competitive Benchmarking Source: JupiterResearch Executive Survey 2007 CONFIDENTIAL 21 tÉÄëáíÉ_áò
    22. Agenda Web Analytics Defined Leading Web Analytics Solutions Getting Started Case Study Q&A CONFIDENTIAL 22 tÉÄëáíÉ_áò
    23. Become an Action Hero! “# 1 obstacle to successful Web analytics is figuring out how to take action from the data collected.” Source: Forrester Research Executive Survey 2007 CONFIDENTIAL 23 tÉÄëáíÉ_áò
    24. Getting Started 5 Steps to Effective Web Analytics: 1. Measure 2. Report 3. Analyze 4. Optimize 5. Innovate CONFIDENTIAL 24 tÉÄëáíÉ_áò
    25. Measure Establish What You Will Measure • Determine the type of site you have • Determine your business objectives • Define Your Key Performance Indicators (KPI’s) CONFIDENTIAL 25 tÉÄëáíÉ_áò
    26. Determine Your Site’s Purpose Basic Site Categories • Ecommerce • Content and Advertising • Lead Generation • Customer Support CONFIDENTIAL 26 tÉÄëáíÉ_áò
    27. Defining Key Performance Indicators Typical KPI’s • Page Views • Visits and Unique Visitors • Orders and Revenue • Conversion Rate • Leads and Cost-Per-Lead • Registrations, Newsletter Sign-ups CONFIDENTIAL 27 tÉÄëáíÉ_áò
    28. Mastering the 5 Steps Optimize and Innovate: • Take calculated risks • Decisions based data • Integrate tactics • Reward top visitors • Provide incentive to challenging visitors CONFIDENTIAL 28 tÉÄëáíÉ_áò
    29. Web Analytics Resources Useful Industry Sites • www.marketerinsight.com • www.WebAnalyticsDemystified.com • www.WebAnalyticsAssociation.org Vendor Blogs • Analytics.blogspot.com • Blogs.omniture.com/author/mbelkin/ • Webtrends.com/Resources/ExpertWebcasts.aspx CONFIDENTIAL 29 tÉÄëáíÉ_áò
    30. Questions? Kyle Bumgardner Director of Business Development Kyle@WebsiteBiz.com WebsiteBiz: An Interactive Agency 1713 Cleveland Ave. Charlotte, NC 28203 o. 704.338.1727 c. 704.813.4636 www.WebsiteBiz.com www.MarketerInsight.com CONFIDENTIAL 30 tÉÄëáíÉ_áò
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