7. Condition: “The Emu”
Slide 7
Symptoms:
A lack of knowledge, fear
of data and lack the skills
to harness it.
Outcome:
Head in sand.
Noone monitoring.
No insight gained.
8. Condition: “The Deer Zone”
Slide 8
Symptoms:
Totally overwhelmed by
all the data available.
Outcome:
Action Paralysis.
Unable to gain insight.
9. Condition: “The Rabbit Hole”
Slide 9
Symptoms:
Thought he’d take a quick look
Google Analytics. Found by wife
or colleague 2 days later…
Outcome:
Wasted time, probably
escaped with more questions
than answers.
10. Slide 10
Condition: “Blind as a Bat”
Symptoms:
Flies towards noise, hits
wall and learns nothing.
Outcome:
Data Blindness. Chases the
meaningless metrics or is focused on
the wrong things.
13. ONLINESUCCESS
Analytics/Data is criticalfor a business to understand:
•What trafficyour website receives
•Who the audience is
•Where they came from
•When and What they did
13
14. It answers pertinent questions
and steers your online
strategies in the right direction.
14
15. But data needs to be analysed and
have context in order to be turned into
actionable insights.
Making Sense of the data
15
The secret is in
tracking and looking at
the right things.
16. • Start to take Analysis Paralysis
head on.
• Establish an effective
measurement ritual.
• Bring clarity and direction to
what is important.
• Provide a tool kit to steer your
business in the right direction.
• Bring calm and focus.
The Zen Framework
Slide 17
18. Words of wisdom…
Slide 19
Not everything that can
be counted counts, and
not everything that
counts can be counted.
Albert Einstein, Physicist
“
”
19. is to tie in Google Analytics to actual
Business Objectives.
This helps businesses focus on what is important and answer the
questions of what is working and what isn’t.
And, where should I be spending my
precious time, energy and money
The ultimate objective
20
20. The root cause of failure in most digital
marketing campaigns is not the lack of
creativity in the banner or ad or TV spot
or the sexiness of the website
It is not even (often) the people involved.
It is quite simply the lack of structured
thinking about what the real purpose of
the campaign is and a lack of an objective
set of measures with which to identify
success or failure.
Introducing Avinash Kaushik
Slide 21
“
”
Avinash Kaushik
Digital Marketing Evangelist,
Google
SOURCE: http://www.kaushik.net/avinash/digital-marketing-and-measurement-model/
21. Avinash’s Measurement Model
Slide 22
Step one is to force us to identify the business objectives upfront and set
the broadest parameters for the work we are doing. Sr. Executives play a
key role in this step.
Step two is to identify crisp goals for each business objective. Executives
lead the discussion, you’ll play a contributing role.
Step three is to write down the key performance indicators. You’ll lead the
work in this step, in partnership with a “data person” if you have one.
Step four is to set the parameters for success upfront by identifying targets
for each KPI. Organization leaders play a key role here, with input from
Marketing and Finance.
Step five, finally, is to identify the segments of people / behavior / outcomes
that we’ll analyze to understand why we succeed or failed.
SOURCE: http://www.kaushik.net/avinash/digital-marketing-and-measurement-model/
WHAT IS THE OBJECTIVE?
WHAT IS THE GOAL?
WHAT ARE THE KPIs?
WHAT ARE OUR TARGETS?
WHAT SEGMENTS?
22. Choosing the right KPIs
Slide 23 SOURCE: http://www.kaushik.net/avinash/digital-marketing-and-measurement-model/
23. So what does this look like in practice?
Slide 24
24. Measurement (Zen) framework
Slide 26
Objective Website Goal KPIs Segment Benchmark (June) Target (September) Tactics to improve performance
Increase
new business
enquiries
Complete
contact form
- # of submissions
- Conversion Rate
- Exclude internal
traffic and registered
users
- # of submissions (2 per week)
- Conversion Rate (1.17%)
- # of submissions (5 per week)
- Conversion Rate (2.5%)
- Set up contact form tracking!
- Clearer sign posting to contact form.
- Less form fields.
- Conversion test form.
Pick up the phone
and call us
- # calls
- # call conversion rate
- Exclude internal
traffic and registered
users
14 per week 25 per week
- Get phone number on every page of the website.
- Set up call tracking
- Ask team to record outcomes of call in lead sheet.
Increase
brand
awareness in
France
Drive and convert
new users from
France. Educate
on our offering.
- % New Visitors
- # Contact Forms
- Conversion Rate
- Avg time on site
- filter to visitors from
France only
- Exclude internal
traffic and registered
users
- % New Visitors (0.3%)
- # Contact Forms (0 per week)
- Conversion Rate (0%)
- Avg time on site (1.2 mins)
- % New Visitors (5%)
- # Contact Forms (2 per week)
- Conversion Rate (2.0%)
- Avg time on site (2.5 mins)
- translate key pages in French
- set up paid search campaign targeting French
users
- e-shot to French contacts
- stand at French trade show
Increase
customer
engagement &
loyalty
Increase
engagement with
customers
through website
- Return Rate
- Avg time on site
- Avg pages perview
- Blog Comments
- Exclude internal
traffic and segment by
registered users ONLY
- Return Rate (
- Avg time on site (3.5 mins)
- Avg pages perview (4.3)
- Blog Comments (0.1%)
- Return Rate
- Avg time on site
- Avg pages perview
- Blog Comments
- bi-weekly e-shot out to existing customers
- Improve links between related blog content
- Introduce video content
- message at end of blogs to encourage comments
Increase email
database
Get visitors to sign
up to our
newsletter.
- # Newsletter sign ups
- Newsletter
conversion rate
- Exclude internal
traffic
- # Newsletter sign ups
(1 per week)
- Newsletter conversion rate
(0.5%)
- # Newsletter sign ups
(5 per week)
- Newsletter conversion rate
(1.5%)
- promote newsletter sign up on all pages in the
blog
- hold monthly competition for subscribers
- Promote awareness through social channels
BUSINESS
OBJECTIVE1
BUSINESS
OBJECTIVE2
BUSINESS
OBJECTIVE3
BUSINESS
OBJECTIVE4
25. Choosing the right metrics
What are the Core Marketing Measurements?
Slide 29
26. What percentage of visitors to your site that make a conversion?
Conversion Rate
Slide 30
𝐶𝑜𝑛𝑣𝑒𝑟𝑠𝑖𝑜𝑛 𝑅𝑎𝑡𝑒 % =
# 𝐶𝑜𝑛𝑣𝑒𝑟𝑠𝑖𝑜𝑛𝑠
𝑉𝑖𝑠𝑖𝑡𝑠
x 100
27. What is the average value of a visitors to your website?
AverageVisitorValue
Slide 31
𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑉𝑖𝑠𝑖𝑡𝑜𝑟 𝑉𝑎𝑙𝑢𝑒 £ =
𝑇𝑜𝑡𝑎𝑙 𝑅𝑒𝑣𝑒𝑛𝑢𝑒
# 𝑉𝑖𝑠𝑖𝑡𝑠
28. What is the average value of an order made through your website?
AverageOrderValue
Slide 32
𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑂𝑟𝑑𝑒𝑟 𝑉𝑎𝑙𝑢𝑒 £ =
𝑇𝑜𝑡𝑎𝑙 𝑅𝑒𝑣𝑒𝑛𝑢𝑒
# 𝑂𝑟𝑑𝑒𝑟𝑠
29. How much you are spending for each person who makes a conversion?
Cost per Acquisition (CPA)
Slide 33
Cost Per Acquisition £ =
𝑇𝑜𝑡𝑎𝑙 𝐴𝑑 𝑆𝑝𝑒𝑛𝑑
𝑁𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝐴𝑐𝑞𝑢𝑖𝑠𝑖𝑡𝑖𝑜𝑛𝑠
30. If you haven’t yet started a campaign and don’t have access to all of this
information, you can work out a preliminary cost per acquisition if you
know the average revenue of each conversion, and the percentage of
that revenue you are willing to spend on marketing:
Establishing a Preliminary CPA
Slide 34
Acquisition Cost (£) =
𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑂𝑟𝑑𝑒𝑟 𝑉𝑎𝑙𝑢𝑒 ×
𝑀𝑎𝑟𝑘𝑒𝑡𝑖𝑛𝑔 𝐵𝑢𝑑𝑔𝑒𝑡 (%)
100
31. A percentage measure of how much revenue you are making compared
to your total outgoings (marketing and costs)
Return on Investment (ROI)
Slide 35
Return on Investment (%) =
𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡 𝑝𝑒𝑟 𝑂𝑟𝑑𝑒𝑟)
𝑇𝑜𝑡𝑎𝑙 𝑂𝑢𝑡𝑔𝑜𝑖𝑛𝑔𝑠
× 100
33. • How to structure your digital marketing department for success
• Auditing current performance
• Strategic Brand Communications & Brand Positioning
• Establishing a measurement framework
Summary
Slide 39
Employ a head chef, outsource the rest!
Perform a digital marketing audit to establish strengths & weaknesses.
Have a crystal clear understanding why you exist and who you serve.
Use the right metrics to steer your business in the right direction!