Analytics 2.0 SAScon Tom Betts, Head of Web Analytics, FT.com 20 May 2011
Our business model: combined subscription and advertising revenue  FT digital circulation increased 50% last year "the information and intelligence gained from readers from a subscription model is a powerful asset“  –  John Ridding, CEO, Financial Times Context
<soapbox> Always ask – ‘so what?’ Remember: great analytics are only as great as their usage </soapbox> Before we begin..
Metrics? There’s no magic bullet You’re smart – and experts in your field Topics for today:  Customers are not all made equal Measure customers, not devices or browsers Dealing with emerging channels
Customers are not all made equal Customers are not all made equal
Customers are not all made equal No one size fits all People use your sites in different ways ...so think about them differently Don’t think in aggregate,  think in segments Fan Regular Occasional Fly-by
Customers are not all made equal Multichannel: Measure customers not cookies
We almost always deal in cookies But cookies are: unique to a device and browser deleted!  blocked!  unreliable!  ComScore:  2.4x cookies  per user per site in 1 month Now your customer acquisition campaign ROI doesn’t look so attractive…  Measure customers not cookies
Consider:  using a (persistent) customer ID instead Provides context   (e.g. purchase history, geodemographics, account descriptors) Combine with behavioural information compare new customers with repeat..  Descriptive attributes endlessly segmentable data Knowing your customer endlessly actionable data  Know Your Customer Web analytics  + customer ID Get data  into data  warehouse Turbocharge
And know their lifecycle too.. Unaware Interested Customer Repeat customer
The value of linked data Enables  eCRM ‘ Who ’ dimension improves ‘ what if ’ analysis Segmented, personalised, trigger-based  marketing communications Measure  marketing   ROI  accurately
Customers are not all made equal Multi-platform:  mobile analytics
Customers are not all made equal “ My mobile app is highly profitable” Really?
We used to have multiple PCs / browsers - now we have  multiple devices  too..  Is my new channel making me more money?  Some metrics:  % of customers that are new?  channel incremental revenue? Joining the dots is hard
Use a single platform for cross-channel analytics Do what we did before: measure people not cookies*  – join the data by customer ID Web analytics rock star moment:  Use channel(s) to segment your analysis? * Because apps don’t necessarily even support cookies! So what do we do?
Clear line of sight from app usage to revenue via customer Holistic picture of channel consumption Figure out how to invest in mobile Identify new channel marketing opportunities And the benefit?
Summary Goodbye global averages – segment, segment, segment!  Turbocharge your analytics by measuring customers, not cookies Next most important thing you do: figure out your channel mix
Thanks! [email_address]  / @tomp2 (PS we’re hiring)

Analytics 2.0 - Tom Bets

  • 1.
    Analytics 2.0 SASconTom Betts, Head of Web Analytics, FT.com 20 May 2011
  • 2.
    Our business model:combined subscription and advertising revenue FT digital circulation increased 50% last year &quot;the information and intelligence gained from readers from a subscription model is a powerful asset“ – John Ridding, CEO, Financial Times Context
  • 3.
    <soapbox> Always ask– ‘so what?’ Remember: great analytics are only as great as their usage </soapbox> Before we begin..
  • 4.
    Metrics? There’s nomagic bullet You’re smart – and experts in your field Topics for today: Customers are not all made equal Measure customers, not devices or browsers Dealing with emerging channels
  • 5.
    Customers are notall made equal Customers are not all made equal
  • 6.
    Customers are notall made equal No one size fits all People use your sites in different ways ...so think about them differently Don’t think in aggregate, think in segments Fan Regular Occasional Fly-by
  • 7.
    Customers are notall made equal Multichannel: Measure customers not cookies
  • 8.
    We almost alwaysdeal in cookies But cookies are: unique to a device and browser deleted! blocked! unreliable! ComScore: 2.4x cookies per user per site in 1 month Now your customer acquisition campaign ROI doesn’t look so attractive… Measure customers not cookies
  • 9.
    Consider: usinga (persistent) customer ID instead Provides context (e.g. purchase history, geodemographics, account descriptors) Combine with behavioural information compare new customers with repeat.. Descriptive attributes endlessly segmentable data Knowing your customer endlessly actionable data Know Your Customer Web analytics + customer ID Get data into data warehouse Turbocharge
  • 10.
    And know theirlifecycle too.. Unaware Interested Customer Repeat customer
  • 11.
    The value oflinked data Enables eCRM ‘ Who ’ dimension improves ‘ what if ’ analysis Segmented, personalised, trigger-based marketing communications Measure marketing ROI accurately
  • 12.
    Customers are notall made equal Multi-platform: mobile analytics
  • 13.
    Customers are notall made equal “ My mobile app is highly profitable” Really?
  • 14.
    We used tohave multiple PCs / browsers - now we have multiple devices too.. Is my new channel making me more money? Some metrics: % of customers that are new? channel incremental revenue? Joining the dots is hard
  • 15.
    Use a singleplatform for cross-channel analytics Do what we did before: measure people not cookies* – join the data by customer ID Web analytics rock star moment: Use channel(s) to segment your analysis? * Because apps don’t necessarily even support cookies! So what do we do?
  • 16.
    Clear line ofsight from app usage to revenue via customer Holistic picture of channel consumption Figure out how to invest in mobile Identify new channel marketing opportunities And the benefit?
  • 17.
    Summary Goodbye globalaverages – segment, segment, segment! Turbocharge your analytics by measuring customers, not cookies Next most important thing you do: figure out your channel mix
  • 18.
    Thanks! [email_address] / @tomp2 (PS we’re hiring)