Business Metrics and Web Marketing
What is "business metrics"? Type of metrics in business and aviation examples.
How to distinguish traditional and dynamic metrics?
What is Ad Words
What is Acquisition Cost
What is Bounce Rate?
Most Importantly what is "Conversion Rate"?
Managed IT Services Pricing Models And Strategies Powerpoint Presentation SlidesSlideTeam
"You can download this product from SlideTeam.net"
Presenting Managed IT Services Pricing Models And Strategies PowerPoint Presentation Slides. This complete PPT deck is made up of 40 professional slides. You can convert and save this PowerPoint slideshow in formats like PDF, PNG, and JPG. All the templates are fully customizable. You can edit text, fonts, patterns, colors, and background within seconds. Also, this PPT template deck is compatible with Google Slides. You can view this presentation on standard and widescreen formats. https://bit.ly/36YwIxW
Use content-ready Procurement PowerPoint Presentation Slides to execute the process of acquiring goods and services from an external source via tendering. Meet customers & stakeholders demands, analyse processes, optimize strategies and ultimately reduce procurement costs. Incorporate professionally designed procurement PowerPoint PPT templates to transform your business which bring you benefits. This deck comprises of templates such as procurement strategy structure, procurement steps, procurement workflow process, procurement strategy, approach to procurement, formulating procurement strategy, creating procurement strategy, and more. Use this presentation for purchase planning, value analysis, financing, price negotiation, inventory control and stores, standards determination, etc. These procurement PowerPoint templates are completely customizable. Edit color, text, icon and font size as per your requirement. Add or remove content, if needed. Grab ready-to-use procurement PowerPoint complete presentation to go step by step process of acquiring goods and services from external suppliers. Good expression is guaranteed with our Procurement Powerpoint Presentation Slides. Communication becomes explicitly clear.
- The document discusses using customer journey analytics to better understand the customer experience across all touchpoints. It emphasizes mapping the customer journey, validating each step with metrics and analytics, and using predictive analytics to identify causes of customer behavior and opportunities for improvement.
- Customer journey analytics link detailed data on individual customer pathways with business metrics to provide a strategic and tactical view. This allows personalizing marketing based on predictive models.
- Analytics can provide insights at every step of the journey, from acquisition and onboarding to cross-sell, upsell, retention, and more. The goal is maximizing lifetime customer value while resolving points of high pain or loss.
When Salesforce Isn’t Enough: Using Birst to Accelerate Your Business and Und...Birst
Organizations rely on solutions like Salesforce to run day-to-day operations and keep track of the massive amounts of data generated by daily customer interactions. As their business grows and their data analysis requirements evolve, these companies often find they need more robust reporting capabilities than what Salesforce offers out-of-the-box.
Join industry analyst James Haight from Blue Hill Research as he presents his new research paper, “Using Birst to Increase Efficiency and Customer Insight in Salesforce,” and describes how companies are turning to business intelligence solutions like Birst to help decision-makers glean greater insight from Salesforce data and deliver increased value to customers.
In this webinar, you will learn:
How a leading health insurance provider recognized it reached the upper limits of Salesforce reporting
The factors this organization considered when choosing a business intelligence solution
How this company transformed its business operations with greater efficiency and deeper customer insight.
1) The document discusses how public sector data can be used as key ingredients in new data products and services, similar to how recipes use ingredients.
2) It provides examples of types of public sector data that could be useful as ingredients, such as maps, spending information, and business records.
3) The document advocates for making more public sector data openly available and free in order to spur innovation, help citizens, and create new products and services in a similar way that open data availability and recipes can inspire new food creations.
Strategic Target Setting in the Supply Chain TriangleSolventure
Presentation on Strategic Target Setting by Prof.dr. Bram Desmet at Supply Chain Innovations 2016. If you are interested to discuss the slides, feel free to contact us.
Managed IT Services Pricing Models And Strategies Powerpoint Presentation SlidesSlideTeam
"You can download this product from SlideTeam.net"
Presenting Managed IT Services Pricing Models And Strategies PowerPoint Presentation Slides. This complete PPT deck is made up of 40 professional slides. You can convert and save this PowerPoint slideshow in formats like PDF, PNG, and JPG. All the templates are fully customizable. You can edit text, fonts, patterns, colors, and background within seconds. Also, this PPT template deck is compatible with Google Slides. You can view this presentation on standard and widescreen formats. https://bit.ly/36YwIxW
Use content-ready Procurement PowerPoint Presentation Slides to execute the process of acquiring goods and services from an external source via tendering. Meet customers & stakeholders demands, analyse processes, optimize strategies and ultimately reduce procurement costs. Incorporate professionally designed procurement PowerPoint PPT templates to transform your business which bring you benefits. This deck comprises of templates such as procurement strategy structure, procurement steps, procurement workflow process, procurement strategy, approach to procurement, formulating procurement strategy, creating procurement strategy, and more. Use this presentation for purchase planning, value analysis, financing, price negotiation, inventory control and stores, standards determination, etc. These procurement PowerPoint templates are completely customizable. Edit color, text, icon and font size as per your requirement. Add or remove content, if needed. Grab ready-to-use procurement PowerPoint complete presentation to go step by step process of acquiring goods and services from external suppliers. Good expression is guaranteed with our Procurement Powerpoint Presentation Slides. Communication becomes explicitly clear.
- The document discusses using customer journey analytics to better understand the customer experience across all touchpoints. It emphasizes mapping the customer journey, validating each step with metrics and analytics, and using predictive analytics to identify causes of customer behavior and opportunities for improvement.
- Customer journey analytics link detailed data on individual customer pathways with business metrics to provide a strategic and tactical view. This allows personalizing marketing based on predictive models.
- Analytics can provide insights at every step of the journey, from acquisition and onboarding to cross-sell, upsell, retention, and more. The goal is maximizing lifetime customer value while resolving points of high pain or loss.
When Salesforce Isn’t Enough: Using Birst to Accelerate Your Business and Und...Birst
Organizations rely on solutions like Salesforce to run day-to-day operations and keep track of the massive amounts of data generated by daily customer interactions. As their business grows and their data analysis requirements evolve, these companies often find they need more robust reporting capabilities than what Salesforce offers out-of-the-box.
Join industry analyst James Haight from Blue Hill Research as he presents his new research paper, “Using Birst to Increase Efficiency and Customer Insight in Salesforce,” and describes how companies are turning to business intelligence solutions like Birst to help decision-makers glean greater insight from Salesforce data and deliver increased value to customers.
In this webinar, you will learn:
How a leading health insurance provider recognized it reached the upper limits of Salesforce reporting
The factors this organization considered when choosing a business intelligence solution
How this company transformed its business operations with greater efficiency and deeper customer insight.
1) The document discusses how public sector data can be used as key ingredients in new data products and services, similar to how recipes use ingredients.
2) It provides examples of types of public sector data that could be useful as ingredients, such as maps, spending information, and business records.
3) The document advocates for making more public sector data openly available and free in order to spur innovation, help citizens, and create new products and services in a similar way that open data availability and recipes can inspire new food creations.
Strategic Target Setting in the Supply Chain TriangleSolventure
Presentation on Strategic Target Setting by Prof.dr. Bram Desmet at Supply Chain Innovations 2016. If you are interested to discuss the slides, feel free to contact us.
The document discusses dimensional modeling concepts used in data warehouse design. Dimensional modeling organizes data into facts and dimensions. Facts are measures that are analyzed, while dimensions provide context for the facts. The dimensional model uses star and snowflake schemas to store data in denormalized tables optimized for querying. Key aspects covered include fact and dimension tables, slowly changing dimensions, and handling many-to-many and recursive relationships.
Web Metrics vs Web Behavioral Analytics and Why You Need to Know the DifferenceAlterian
An overview of the web analytics ecosystem and uncover how web behavior analytics can free you from the status quo of just counting page views. More importantly, you will discover what you need to do to truly leverage the data that is available to you from the website.
Ultimately, you will walk away with:
• An understanding of the differences between available tools
• Insight on what data to collect on your site
• Tips to help get your manager to embrace web behavior analytics
• Checklist of next steps
The document discusses schema design basics for MongoDB, including terms, considerations for schema design, and examples of modeling different types of data structures like trees, single table inheritance, and many-to-many relationships. It provides examples of creating indexes, evolving schemas, and performing queries and updates. Key topics covered include embedding data versus normalization, indexing, and techniques for modeling one-to-many and many-to-many relationships.
This document discusses metrics and optimization for online products and businesses. It provides examples of how companies like Amazon and Google use metrics to optimize different aspects of their business. It introduces a metrics maturity model and explains how to define business metrics, track them over time, and identify the most important ones to focus on. The document also discusses how to use metrics and analytics to understand customer value and optimize the user experience through testing and experimentation. Finally, it emphasizes the importance of the right organizational culture and skills to successfully use metrics for continuous product improvement.
The number of possible Web Metrics is large and increasing. Multiply by the number of Dimensions, and there is nearly an infinite number of things an analyst can look at. Get your basics down in Web Analytics 101 – Web Metrics.
Dimensional Modeling Basic Concept with ExampleSajjad Zaheer
This document discusses dimensional modeling, which is a process for structuring data to facilitate reporting and analysis. It involves extracting data from operational databases, transforming it according to requirements, and loading it into a data warehouse with a dimensional model. The key aspects of dimensional modeling covered are identifying grains, dimensions, and facts, then designing star schemas with fact and dimension tables. An example of modeling a user points system is provided to illustrate the dimensional modeling process.
OLTP systems emphasize short, frequent transactions with a focus on data integrity and query speed. OLAP systems handle fewer but more complex queries involving data aggregation. OLTP uses a normalized schema for transactional data while OLAP uses a multidimensional schema for aggregated historical data. A data warehouse stores a copy of transaction data from operational systems structured for querying and reporting, and is used for knowledge discovery, consolidated reporting, and data mining. It differs from operational systems in being subject-oriented, larger in size, containing historical rather than current data, and optimized for complex queries rather than transactions.
This document provides an overview of dimensional modeling techniques for data warehouse design, including what a data warehouse is, how dimensional modeling fits into the data presentation area, and some of the key concepts and components of dimensional modeling such as facts, dimensions, and star schemas. It also discusses design concepts like snowflake schemas, slowly changing dimensions, and conformed dimensions.
Data warehouse-dimensional-modeling-and-designSarita Kataria
This document provides an overview of data warehousing, dimensional modeling, and online analytical processing (OLAP). It defines key concepts in data warehousing like the data mart, metadata, cube, extraction transformation and loading (ETL), and data mining. Dimensional modeling is presented as an important technique for data warehouse design that uses facts, dimensions, and star or snowflake schemas. Finally, the document discusses OLAP features like multidimensional views and time intelligence, and different OLAP system types including multidimensional, relational, and hybrid OLAP.
MongoDB Schema Design: Four Real-World ExamplesMike Friedman
This document discusses different schema designs for common use cases in MongoDB. It presents four cases: (1) modeling a message inbox, (2) retaining historical data within limits, (3) storing variable attributes efficiently, and (4) looking up users by multiple identities. For each case, it analyzes different modeling approaches, considering factors like query performance, write performance, and whether indexes can be used. The goal is to help designers choose an optimal schema based on their application's access patterns and scale requirements.
This document provides an overview of multidimensional data modeling and how it compares to relational databases. It defines key concepts such as dimensions, hierarchies, and measures in multidimensional modeling. It also explains how multidimensional databases are optimized for online analytical processing (OLAP) and allow for interactive analysis of large datasets. Additionally, the document discusses how data warehouses and data marts relate to multidimensional modeling and data cubes, and the advantages and drawbacks of the multidimensional approach.
Real Estate collapsed, Global Stock Market imploded, consumer confidence is waning, sales decline, and production slows. What were the warning signs? When will it end? What should do to get through it, and how will we know that the economy is coming back? A look at the domino effect and response as it applies to reverse logistics.
The document provides tips for administrators on how to promote adoption of a new system. It recommends establishing executive support, understanding organizational culture, communicating goals, providing training, and building relationships. Key strategies include using incentives, establishing ownership, applying technology solutions, and avoiding over-reliance on the administrator. Measuring adoption through metrics and communicating results is also emphasized.
Stepping into a role which requires business finance knowledge? Here is a short guide offering advice, tools, and expertise that you will need to equip yourself with to be successful. Check out our Diploma in Business Finance for more.
This document provides guidance on establishing priorities and obtaining leadership approval for implementing IBM Connections Cloud. It recommends defining the problem, quantifying current costs, researching savings and benefits, and finding examples of success. It also discusses creating a clear and inspirational vision statement, and conducting an exercise to define specific problems to address. The document outlines questions to ask leadership about objectives, metrics, and comparisons to others. It provides examples of metrics for different roles. Finally, it provides instructions for building a business case by quantifying current costs and potential savings.
What's an ABM Solution Really Worth? Understanding the Total Economic Impact ...Demandbase
What’s an ABM solution really worth? Find out using Forrester’s Total Economic Impact™️ framework, and learn how to apply it to your own organization.
Join Demandbase’s VP of Product Marketing, Jackie Palmer, alongside guest speaker and Forrester consultant, Amy Harrison, as they share the financial and business impact interviewed customers realized by using Demandbase as their Go-To-Market solution. Demandbase customer, Suzzette Giron, Senior ABM Specialist at Achievers, shares her team’s experience and outcomes as well.
Hear more real customer stories and learn the details of the commissioned Total Economic Impact study conducted by Forrester Consulting on behalf of Demandbase.
Where to Invest in Sales & Service to Achieve Maximum ResultsSean Winnett
The document provides guidance for sales and service managers on where to invest time and focus efforts to achieve maximum results. It recommends investing in improving service inefficiencies like high callback rates, incomplete repairs, and low technician accountable time. Addressing these issues could save over 3 lost workloads per month, absorbing more revenue without adding headcount. Ongoing inspection of key performance metrics is also emphasized to ensure issues are addressed and goals met.
Mastermind Masterclass: The Most Common SaaS Sales Potholes and How to Avoid ...saastr
The document discusses common growth potholes that companies encounter and how to avoid them. It identifies six main potholes: 1) low license utilization rates causing revenue contraction, 2) increasing price without a sustainable moat, 3) confusing a temporary moat with a sustainable one, 4) promoting the best salesperson to manager, 5) prioritizing revenue acquisition over customer value creation, and 6) massive hiring of salespeople after a financing round. For each pothole, it provides examples and recommendations for how to address the issues and maintain steady growth.
SaaS (Software as a Service) has singlehandedly emerged as the single largest disruption in business model in the last decade. SaaS companies suddenly made available enterprise quality technology to people (and businesses) across the world. SaaS public companies made ~$70Bn (at a ~70% gross profit) while adding ~$700Bn in MCap on the Nasdaq.
But there is one thing that sets SaaS apart. A 70% gross profit means that the every $1 of revenue can add $0.70 to your profits & $9.5 to your enterprise value. Which makes for – Pricing, the single largest needle spinner (after the product and service, of course) in a SaaS companies life. Looking for that one small thing that makes a big change? Start here.
Disclaimer: Please note that these are our views are based on our experience in being advisors and working hands-on with various organizations. They are for the limited purpose of educating the leaders of a company. The rationale and the procedure to be followed can vary significantly based on the context, stage, exact nature & size of the business.
How to Make a Business Case for #Socialmedia Gain Social Media ROI with Crims...Dr. Natalie Petouhoff
This document discusses how to make a business case for social media analysis by following four key steps: 1) Define business benefits and social strategy, 2) Examine project benefits, costs and ROI, 3) Determine additional benefits, and 4) Define risks and uncertainties. It emphasizes that businesses now need deep insights from social media analysis to make sound decisions and drive business actions. A quality business case should quantify benefits, costs, ROI, risks, and other key components using a template as a guide.
The document discusses dimensional modeling concepts used in data warehouse design. Dimensional modeling organizes data into facts and dimensions. Facts are measures that are analyzed, while dimensions provide context for the facts. The dimensional model uses star and snowflake schemas to store data in denormalized tables optimized for querying. Key aspects covered include fact and dimension tables, slowly changing dimensions, and handling many-to-many and recursive relationships.
Web Metrics vs Web Behavioral Analytics and Why You Need to Know the DifferenceAlterian
An overview of the web analytics ecosystem and uncover how web behavior analytics can free you from the status quo of just counting page views. More importantly, you will discover what you need to do to truly leverage the data that is available to you from the website.
Ultimately, you will walk away with:
• An understanding of the differences between available tools
• Insight on what data to collect on your site
• Tips to help get your manager to embrace web behavior analytics
• Checklist of next steps
The document discusses schema design basics for MongoDB, including terms, considerations for schema design, and examples of modeling different types of data structures like trees, single table inheritance, and many-to-many relationships. It provides examples of creating indexes, evolving schemas, and performing queries and updates. Key topics covered include embedding data versus normalization, indexing, and techniques for modeling one-to-many and many-to-many relationships.
This document discusses metrics and optimization for online products and businesses. It provides examples of how companies like Amazon and Google use metrics to optimize different aspects of their business. It introduces a metrics maturity model and explains how to define business metrics, track them over time, and identify the most important ones to focus on. The document also discusses how to use metrics and analytics to understand customer value and optimize the user experience through testing and experimentation. Finally, it emphasizes the importance of the right organizational culture and skills to successfully use metrics for continuous product improvement.
The number of possible Web Metrics is large and increasing. Multiply by the number of Dimensions, and there is nearly an infinite number of things an analyst can look at. Get your basics down in Web Analytics 101 – Web Metrics.
Dimensional Modeling Basic Concept with ExampleSajjad Zaheer
This document discusses dimensional modeling, which is a process for structuring data to facilitate reporting and analysis. It involves extracting data from operational databases, transforming it according to requirements, and loading it into a data warehouse with a dimensional model. The key aspects of dimensional modeling covered are identifying grains, dimensions, and facts, then designing star schemas with fact and dimension tables. An example of modeling a user points system is provided to illustrate the dimensional modeling process.
OLTP systems emphasize short, frequent transactions with a focus on data integrity and query speed. OLAP systems handle fewer but more complex queries involving data aggregation. OLTP uses a normalized schema for transactional data while OLAP uses a multidimensional schema for aggregated historical data. A data warehouse stores a copy of transaction data from operational systems structured for querying and reporting, and is used for knowledge discovery, consolidated reporting, and data mining. It differs from operational systems in being subject-oriented, larger in size, containing historical rather than current data, and optimized for complex queries rather than transactions.
This document provides an overview of dimensional modeling techniques for data warehouse design, including what a data warehouse is, how dimensional modeling fits into the data presentation area, and some of the key concepts and components of dimensional modeling such as facts, dimensions, and star schemas. It also discusses design concepts like snowflake schemas, slowly changing dimensions, and conformed dimensions.
Data warehouse-dimensional-modeling-and-designSarita Kataria
This document provides an overview of data warehousing, dimensional modeling, and online analytical processing (OLAP). It defines key concepts in data warehousing like the data mart, metadata, cube, extraction transformation and loading (ETL), and data mining. Dimensional modeling is presented as an important technique for data warehouse design that uses facts, dimensions, and star or snowflake schemas. Finally, the document discusses OLAP features like multidimensional views and time intelligence, and different OLAP system types including multidimensional, relational, and hybrid OLAP.
MongoDB Schema Design: Four Real-World ExamplesMike Friedman
This document discusses different schema designs for common use cases in MongoDB. It presents four cases: (1) modeling a message inbox, (2) retaining historical data within limits, (3) storing variable attributes efficiently, and (4) looking up users by multiple identities. For each case, it analyzes different modeling approaches, considering factors like query performance, write performance, and whether indexes can be used. The goal is to help designers choose an optimal schema based on their application's access patterns and scale requirements.
This document provides an overview of multidimensional data modeling and how it compares to relational databases. It defines key concepts such as dimensions, hierarchies, and measures in multidimensional modeling. It also explains how multidimensional databases are optimized for online analytical processing (OLAP) and allow for interactive analysis of large datasets. Additionally, the document discusses how data warehouses and data marts relate to multidimensional modeling and data cubes, and the advantages and drawbacks of the multidimensional approach.
Real Estate collapsed, Global Stock Market imploded, consumer confidence is waning, sales decline, and production slows. What were the warning signs? When will it end? What should do to get through it, and how will we know that the economy is coming back? A look at the domino effect and response as it applies to reverse logistics.
The document provides tips for administrators on how to promote adoption of a new system. It recommends establishing executive support, understanding organizational culture, communicating goals, providing training, and building relationships. Key strategies include using incentives, establishing ownership, applying technology solutions, and avoiding over-reliance on the administrator. Measuring adoption through metrics and communicating results is also emphasized.
Stepping into a role which requires business finance knowledge? Here is a short guide offering advice, tools, and expertise that you will need to equip yourself with to be successful. Check out our Diploma in Business Finance for more.
This document provides guidance on establishing priorities and obtaining leadership approval for implementing IBM Connections Cloud. It recommends defining the problem, quantifying current costs, researching savings and benefits, and finding examples of success. It also discusses creating a clear and inspirational vision statement, and conducting an exercise to define specific problems to address. The document outlines questions to ask leadership about objectives, metrics, and comparisons to others. It provides examples of metrics for different roles. Finally, it provides instructions for building a business case by quantifying current costs and potential savings.
What's an ABM Solution Really Worth? Understanding the Total Economic Impact ...Demandbase
What’s an ABM solution really worth? Find out using Forrester’s Total Economic Impact™️ framework, and learn how to apply it to your own organization.
Join Demandbase’s VP of Product Marketing, Jackie Palmer, alongside guest speaker and Forrester consultant, Amy Harrison, as they share the financial and business impact interviewed customers realized by using Demandbase as their Go-To-Market solution. Demandbase customer, Suzzette Giron, Senior ABM Specialist at Achievers, shares her team’s experience and outcomes as well.
Hear more real customer stories and learn the details of the commissioned Total Economic Impact study conducted by Forrester Consulting on behalf of Demandbase.
Where to Invest in Sales & Service to Achieve Maximum ResultsSean Winnett
The document provides guidance for sales and service managers on where to invest time and focus efforts to achieve maximum results. It recommends investing in improving service inefficiencies like high callback rates, incomplete repairs, and low technician accountable time. Addressing these issues could save over 3 lost workloads per month, absorbing more revenue without adding headcount. Ongoing inspection of key performance metrics is also emphasized to ensure issues are addressed and goals met.
Mastermind Masterclass: The Most Common SaaS Sales Potholes and How to Avoid ...saastr
The document discusses common growth potholes that companies encounter and how to avoid them. It identifies six main potholes: 1) low license utilization rates causing revenue contraction, 2) increasing price without a sustainable moat, 3) confusing a temporary moat with a sustainable one, 4) promoting the best salesperson to manager, 5) prioritizing revenue acquisition over customer value creation, and 6) massive hiring of salespeople after a financing round. For each pothole, it provides examples and recommendations for how to address the issues and maintain steady growth.
SaaS (Software as a Service) has singlehandedly emerged as the single largest disruption in business model in the last decade. SaaS companies suddenly made available enterprise quality technology to people (and businesses) across the world. SaaS public companies made ~$70Bn (at a ~70% gross profit) while adding ~$700Bn in MCap on the Nasdaq.
But there is one thing that sets SaaS apart. A 70% gross profit means that the every $1 of revenue can add $0.70 to your profits & $9.5 to your enterprise value. Which makes for – Pricing, the single largest needle spinner (after the product and service, of course) in a SaaS companies life. Looking for that one small thing that makes a big change? Start here.
Disclaimer: Please note that these are our views are based on our experience in being advisors and working hands-on with various organizations. They are for the limited purpose of educating the leaders of a company. The rationale and the procedure to be followed can vary significantly based on the context, stage, exact nature & size of the business.
How to Make a Business Case for #Socialmedia Gain Social Media ROI with Crims...Dr. Natalie Petouhoff
This document discusses how to make a business case for social media analysis by following four key steps: 1) Define business benefits and social strategy, 2) Examine project benefits, costs and ROI, 3) Determine additional benefits, and 4) Define risks and uncertainties. It emphasizes that businesses now need deep insights from social media analysis to make sound decisions and drive business actions. A quality business case should quantify benefits, costs, ROI, risks, and other key components using a template as a guide.
Process excellence being efficient & effectiveSumit K Jha
This document discusses process excellence and how it can be applied holistically across an organization's key processes to improve efficiency and effectiveness. It provides examples of how processes in areas like product development, marketing, sales, finance, HR, outsourcing, and innovation can impact business performance if not managed effectively and efficiently. The document also introduces two common frameworks used for process excellence - Lean and Six Sigma. It notes that while these frameworks overlap, they differ in their underlying philosophies and both have been adopted by many global and Indian companies to improve processes.
Planning For Long-Term Success Of A BusinessLiz Sims
Business planning involves defining goals, strategies for achieving them, and plans to reach targets over 3-5 years. It includes defining the mission, assessing the current situation, determining strategy, identifying opportunities, and revising the plan. Financial planning is a key part of the process, assessing required sales, costs, and profitability projections to determine viability. Without thorough planning and analysis using available tools, entrepreneurs risk failure by not establishing a viable product/market fit or understanding financial requirements for the business to succeed.
The document discusses strategies for businesses to survive and grow during an economic downturn. It recommends measuring strengths and weaknesses, offering expanded services, evaluating the market, and testing and implementing new strategies. Expanding service offerings can maximize revenue per customer, but businesses should focus on building recurring revenue through service contracts rather than one-time jobs. Conducting break-even analysis can help determine the hourly rate needed to cover costs and make a profit.
This document provides an overview of how to successfully run a pest control business. It discusses that pest control companies are in the business of selling their time spent diagnosing and treating pest issues. To maximize profits, companies need to focus on growing their customer list through obtaining recurring service contracts. The key to success is effective management in four areas - managing assets and liabilities like customers and equipment; managing people through proper compensation and training; managing customer and operational information through software; and managing finances using proper accounting practices and financial reporting. Proper routing allows companies to maximize the use of technicians' time and sell more services.
Adventures in Business Analytics – Optimization and the Organization Garry, s...Tin Ho
Adventures in Business
Analytics – Optimization
and the Organization
Steve Garry
Marketing Optimization and the Organization
November 2014
Generating Better Business
Results Through Analytics
The panel discussion summarized the ROI realized from multi-division Salesforce rollouts at three organizations. Penny O'Rourke discussed SurfControl's global rollout which increased forecasting visibility, reduced administrative time by 10%, and led to a 10% sales increase. Gary Pepera outlined Citizens Bank's rollout across 13 states which provided transparency, relationship management capabilities, and a system of record. Doug Timmel shared how Air Products addressed unique challenges through centralized data and processes, resulting in improved cash flow, higher loyalty, and a 30% revenue increase in Europe.
CO2 Presentation - The Largest Profit LeversCoalmarch
Take a deep dive with master bookkeeper Dan Gordon, as he explains what tools to use, business organization strategies that include systems, procedures checklists, and more. Learn the tricks of accounting automation that will help you move the profit needle for your company.
The document discusses strategic management and key business concepts. It defines a business, examines questions around what a business is and should be. It explores dimensions of a business like customer groups, functions, and technologies. The document also discusses business models, goals vs objectives, critical success factors that are important for organizational success, and how performance indicators can measure achievement of critical success factors and goals.
TCF.. CIF.. WTF(unding)? How to prepare a winning application for TCF/CIFTEDCO
The document provides information about two funding programs from TEDCO: the Technology Commercialization Fund (TCF) and Cybersecurity Investment Fund (CIF). Both funds provide $100,000 investments in four tranches to early-stage companies in Maryland to help commercialize products. The document outlines eligibility requirements, application deadlines, review processes, investment terms, and contact information. It also provides tips for developing a successful funding application, including designing commercialization projects, financial projections, understanding what TEDCO looks for in proposals, and common mistakes to avoid.
TCF...CIF..WTF(unding)? How to prepare a winning applicationTEDCO
TEDCO's TCF..CIF..WTF(unding) workshop covers the key points that Maryland entrepreneurs need to know when they are applying to TEDCO's funding programs.
Putting the 'Tech' in Spend Management TechniquesAggregage
In this webinar, Wayne Spivak will share techniques applicable to not only spend management and GAP analyses, but a wide range of accounting topics, to show you how to go from your company’s current state to the state of the future your company wants and needs.
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The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...APCO
The Radar reflects input from APCO’s teams located around the world. It distils a host of interconnected events and trends into insights to inform operational and strategic decisions. Issues covered in this edition include:
Best Competitive Marble Pricing in Dubai - ☎ 9928909666Stone Art Hub
Stone Art Hub offers the best competitive Marble Pricing in Dubai, ensuring affordability without compromising quality. With a wide range of exquisite marble options to choose from, you can enhance your spaces with elegance and sophistication. For inquiries or orders, contact us at ☎ 9928909666. Experience luxury at unbeatable prices.
Best practices for project execution and deliveryCLIVE MINCHIN
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
Digital Marketing with a Focus on Sustainabilitysssourabhsharma
Digital Marketing best practices including influencer marketing, content creators, and omnichannel marketing for Sustainable Brands at the Sustainable Cosmetics Summit 2024 in New York
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
Each framework is presented with visually engaging diagrams and templates, ensuring the content is both informative and appealing. While this compilation is thorough, please note that the slides are intended as supplementary resources and may not be sufficient for standalone instructional purposes.
This compilation is ideal for anyone looking to enhance their understanding of innovation management and drive meaningful change within their organization. Whether you aim to improve product development processes, enhance customer experiences, or drive digital transformation, these frameworks offer valuable insights and tools to help you achieve your goals.
INCLUDED FRAMEWORKS/MODELS:
1. Stanford’s Design Thinking
2. IDEO’s Human-Centered Design
3. Strategyzer’s Business Model Innovation
4. Lean Startup Methodology
5. Agile Innovation Framework
6. Doblin’s Ten Types of Innovation
7. McKinsey’s Three Horizons of Growth
8. Customer Journey Map
9. Christensen’s Disruptive Innovation Theory
10. Blue Ocean Strategy
11. Strategyn’s Jobs-To-Be-Done (JTBD) Framework with Job Map
12. Design Sprint Framework
13. The Double Diamond
14. Lean Six Sigma DMAIC
15. TRIZ Problem-Solving Framework
16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations
Easily Verify Compliance and Security with Binance KYCAny kyc Account
Use our simple KYC verification guide to make sure your Binance account is safe and compliant. Discover the fundamentals, appreciate the significance of KYC, and trade on one of the biggest cryptocurrency exchanges with confidence.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....Lacey Max
“After being the most listed dog breed in the United States for 31
years in a row, the Labrador Retriever has dropped to second place
in the American Kennel Club's annual survey of the country's most
popular canines. The French Bulldog is the new top dog in the
United States as of 2022. The stylish puppy has ascended the
rankings in rapid time despite having health concerns and limited
color choices.”
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...my Pandit
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
The Genesis of BriansClub.cm Famous Dark WEb PlatformSabaaSudozai
BriansClub.cm, a famous platform on the dark web, has become one of the most infamous carding marketplaces, specializing in the sale of stolen credit card data.
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfthesiliconleaders
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
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Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
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Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
2. Warnings!
1. This is gonna be a little long presentation (especially if you
ask questions)
2. This presentation is not designed for the old fashion
“P<adv.>nic” device located in the ceiling. Better viewed
in technologic devices. (I will share it, if you want it.)
3. There is too much information in. Don’t worry, the purpose
is to know that such concepts exist in the business life.
4. The information encompasses all industries. But I will also
touch aviation on the surface.
5. I ask questions!
6. I talk too much!
3. What is the highest and best
you can create for the business?
VALUE
?
4. What is the highest and best
you can create for the business?
VALUE
?
To find out the right question
to ask.
5. To find out the right question
to ask.
• Then, find the best answer you possibly can in the time,
and with the resources available.
• Ensuring that your answer has practical impact by
translating it into a specific call to action.
• A specific recommended action, communicated to the
relevant decision makers.
• Using visual metaphors and non technical language.
6. What is always the right
question?
What change, in our business processes can
and should we make RIGHT NOW?
To increase revenues, maximize profitability, or
reduce our risk.
7. What is always the right
question?
What change, in our business processes can
and should we make RIGHT NOW?
To increase revenues, maximize profitability, or
reduce our risk.
RIGHT NOW?
8. Our company has engineered
real time, computerized
systems. That optimize for
certain dynamic metrics. By
adjusting our response to
customer and market
input. With a delay for
processing or latency, of no
more than a fraction of a
second.
A computerized response is
not possible. So we respond to
individual customers with a
human being. Where that
human being has access to
the full historical record, of
that customers interactions
with the company. Whether
through buying
things, customer support calls,
actions on our website, etc.
The change that we are
recommending, can't happen
overnight. But it can happen
as soon as it has been
empirically tested and shown
to work. We do testing by
making one small change at a
time to our website by creating
two different versions!
BEST2ND BEST STILL GOOD
A|B TESTING
What do we mean by, right now?
9. Metrics are special numbers that help us to
ask and answer the right business question.
What is a business metric?
What decision should we make?
What process should we change right now?
special numbers
10. BUSINESS METRICS
Click-Through Rates are a metric.
Where we have a 4.75% sales tax, the sales
tax is not a metric. There's nothing that we
can do to change it.
Metrics are numbers that we can impact when we change our
business processes.
The percentage of people who viewed our ad on a particular website. Then used it
as a link to click through to our homepage can change every time the ad contents
and appearance change.
13. •Revenue metrics are outward facing.
•How well or badly the company is marketing
and selling its products?
•The company sales force wants to know:
➡How many units of each product were sold over a given
time interval and how this compares to the same time
interval last year and the year before.
➡Sales by region, by product and by new versus repeat
customers.
➡The sales funnel, the potential future customers
➡How effective any marketing campaigns may be.
➡How many people have seen a particular advertisement
or email marketing piece or mail offer?
Revenue Metrics
%Who & What Percentage
Responded to our ad campaign?
15. Profitability Metrics
have to do with the efficiency of the processes by which the company
creates and delivers its products and services to customers.
OPERATIONAL METRICS
•Concerns those people in the company responsible for
production.
•Anything relates to:
➡How much cash is tied up in the form of unsold inventory
➡How much production is unsaleable?
➡How often the company loses sales because of insufficient
production or inventory?
➡How much is spent on variable costs, raw materials and labor,
per unit product?
Inventory & unsold / unsaleable goods
16. Profitability Metrics
Some Profitability Metrics in Aviation Language
ASK Available Seat Km. (It is also used to calculate Employee Productivity)
CASK Cost per ASK
L/F % Load Factor (this is also profitability and revenue)
No Shows It is no show
FOC Flight operating costs (Crew, Fuel, Maint. etc.)
- Costs per block-hour of operations
- Block-hour daily utilisation / Aircraft Utilization
- Departures per Day
ASK / D Aircraft Productivity (ASKs per day)
RPK Revenue Pass. Km’s
17. Profitability Metrics
Some Profitability Metrics in Aviation Language
ASK Available Seat Km. (It is also used to calculate Employee Productivity)
CASK Cost per ASK
L/F % Load Factor (this is also profitability and revenue)
No Shows It is no show
FOC Flight operating costs (Crew, Fuel, Maint. etc.)
- Costs per block-hour of operations
- Block-hour daily utilisation / Aircraft Utilization
- Departures per Day
ASK / D Aircraft Productivity (ASKs per day)
RPK Revenue Pass. Km’s Mainly Revenue Metric (Weighted Revenue)
C/RPK which means “Yield” is a Profitability Metric.
18. Can often achieve significant increases
in profitability by focusing on improving
operational efficiencies.
LARGE ESTABLISHED COMPANIES
WITH RELATIVELY LITTLE ROOM
TO INCREASE REVENUES
?
Profitability Metrics
What does it mean in aviation language?
19. Can often achieve significant increases
in profitability by focusing on improving
operational efficiencies.
LARGE ESTABLISHED COMPANIES
WITH RELATIVELY LITTLE ROOM
TO INCREASE REVENUES
? LOW COST CARRIERS
& HYBRID CARRIERS
Profitability Metrics
What does it mean in aviation language?
20. major financial institution32.8%
individuals & others
7.4%
mortgage pools or trusts
22.1% federal & related agencies37.7%
have to do with tracking and where possible reducing the many potential dangers a
company faces.
Risk Metrics !
21. major financial institution32.8%
individuals & others
7.4%
mortgage pools or trusts
22.1% federal & related agencies37.7%
have to do with tracking and where possible reducing the many potential dangers a
company faces.
Risk Metrics !
•If a company is spending a large portion of its net cash flow every month on interest on its
debts, then even a small drop in revenues caused by some external shock, like a recession,
could cause the company to become insolvent and collapse (How did you acquire the
aircrafts?, Are there any plane sleeping in the park?).
•Secured creditors have the right to seize a company's assets if they're not paid on time and
that would close down the business.
SECURED
CREDITORS
!
22. major financial institution32.8%
individuals & others
7.4%
mortgage pools or trusts
22.1% federal & related agencies37.7%
have to do with tracking and where possible reducing the many potential dangers a
company faces.
Risk Metrics !
•If a company is spending a large portion of its net cash flow every month on interest on its
debts, then even a small drop in revenues caused by some external shock, like a recession,
could cause the company to become insolvent and collapse (How did you acquire the
aircrafts?, Are there any plane sleeping in the park?).
•Secured creditors have the right to seize a company's assets if they're not paid on time and
that would close down the business.
GOVERNMENTSECURED
CREDITORS
!
In our case GOVERNMENTS, Regulations…..
ALSO SEE PASSENGER RIGHTS | What happens if you cancel a flight?
23. major financial institution
32.8%
individuals & others
7.4%
mortgage pools or trusts
22.1% federal & related agencies37.7%
NET CASH OUT is always the most important metric to track. How many
months can the company survive at the present burn rate?
Risk Metrics !
Adjusted Net Debt | Cost of Capital
If it relates to leverage, it also relates to Risk MetricsALSO
24. Churn Rate as a Risk Metric !
:)
>:(
????
The rate at which new subscribers /
customers drop off within a year,
runs the risk that over time, there are
fewer targets who have never been
customers and it becomes impossible to
maintain revenue growth or even hold
steady.
26. DYNAMIC METRICS TRADITIONAL METRICS
•Three attributes make a business metric
Traditional:
➡ The metric DOES NOT change significantly
over intervals of a month or less.
➡ Specific actions CAN NOT visibly
or significantly impact the metric in the
short term
➡ Impacted by dozen of different factors (like
quarterly revenues) and Many of these
factors are completely outside the control
•Standard financial and managerial accounting
•Quarterly statements of net cash flow, profits and
losses
•Three attributes make a business metric
Dynamic:
➡ Will the metric change significantly over
intervals of a month or less
➡ Are their specific actions the company can
take that can visibly or significantly impact
the metric in the short term
➡ Small changes in process, can lead to big
impact
NEW ADVERTISEMENTThe Great
we launched last week
27.
28. This PR / Ad Action
affect your sales?
May
Answer is:
You don’t know
but have to track to know
29.
30. which is a bit COSTLY!
A PR / Advertisement Campaign
!
You have to track & know:
How it affected your sales in
different demographic zones
by means of segmentation!
CEO & CFO
will ask about it! Repeatedly
31. Online sales are extremely sensitive to
average page load times.
Edge Caching
Studies have shown that pages that load in three
or more seconds are much less likely to lead
to sales than pages that load in less than
three seconds.
40% of web users will abandon completely, a
web page that does not load in three
seconds. This is why there's an entire industry
devoted to what's called edge caching.
A perfectly dynamic
revenue metric
32. Online sales are extremely sensitive to
average page load times.
If your company does not already do load time performance testing for mobile
devices in all global markets where it is active, It should start immediately.
Edge Caching
!
Studies have shown that pages that load in three
or more seconds are much less likely to lead
to sales than pages that load in less than
three seconds.
40% of web users will abandon completely, a
web page that does not load in three
seconds. This is why there's an entire industry
devoted to what's called edge caching.
A perfectly dynamic
revenue metric
35. Marketing
Deliberate, measurable process of first creating and then continually increasing positive awareness and interest
for a specific brand, product or service offering within a target demographic.
36. Enterprise & Traditional Retail sales
Personal Traditional metrics predominate
Computer sales sales
Impersonal Traditional metrics predominate
Marketing
Deliberate, measurable process of first creating and then continually increasing positive awareness and interest
for a specific brand, product or service offering within a target demographic.
>>>What’s
next?
37. Analytics related to them lead directly to
increasing sales.
Web Marketing Metrics
[Revenue Metrics]
Even small changes you make, can lead to
rapid and significant changes in these
metrics.
For example, in your website's homepage text
or in the AdWords that you purchase for
sponsored links on search results.
DYNAMIC
38. A Target Demographic?
Deliberate, measurable process of first creating and then continually
increasing positive awareness and interest for a specific brand, product or
service offering within a target demographic.
MARKETING
39. A group of people with common
characteristics, such as all being between 18 and
35 years of age, being from the same country or
geographic region, etc.
Target demographic
A Target Demographic?
Deliberate, measurable process of first creating and then continually
increasing positive awareness and interest for a specific brand, product or
service offering within a target demographic.
Marketing is COSTLY
Bymeansof Money & Time
Because marketing requires effective use of limited
resources, marketers seek to focus their efforts on
groups whose members are much more likely than the
average person to be willing to learn about the product
or service offering, to buy it, and ultimately, to become
high value, recurring revenue customers.
MARKETING
40. Flying Pizzas
Cong! You opened a pizza house in a town!
You have a perfect sign on the window.
There are 770 residents in the town.
+You are the only pizza restaurant in the town.
NOW
It is time to
GROW YOUR BUSINESS
41. Flying Pizzas
Welcome to the new city!
With 6 Billion population & 70,000 pizza houses
A new threat for the revenues.
Global Distribution Super Markets
Now, You suffer from
“Burn & Churn Rates”
GDS - Super Markets
Cheap Frozen Pizzas
GDS
GDS
42. Flying Pizzas
Welcome to the new city!
With 6 Billion population & 70,000 pizza houses
A new threat for the revenues.
Global Distribution Super Markets
Now, You suffer from
“Burn & Churn Rates”
GDS - Super Markets
Cheap Frozen Pizzas
GDS
GDS
Welcome to
Web Marketing
43. Welcome to
Web MarketingYou should try to identify a much smaller group within that 6
Billion, your target demographic that are likely to want pizza,
and more importantly, are likely to want your pizza.
Find out much more likely than average to respond favorably
to your unique message!
NOW
44. with your potential customers
how you are different than the other 70,000 pizza
places out there.
You have to communicate
Welcome to
Web MarketingYou should try to identify a much smaller group within that 6
Billion, your target demographic that are likely to want pizza,
and more importantly, are likely to want your pizza.
Find out much more likely than average to respond favorably
to your unique message!
NOW
45. market differentiation.
message of difference is
YourThe idea is to match your market differentiation to a target demographic.
How to match a target demographic?
48. Target
Demographic?
3,600 images are posted
to Instagram every second
Over 500 million
Daily Tweets
100 hours of videos
are uploaded to Youtube
every minute
49. Target
Demographic?
Over 1 Billion Facebook Users
41,000 post / second
3,600 images are posted
to Instagram every second
Over 500 million
Daily Tweets
100 hours of videos
are uploaded to Youtube
every minute
50. Target
Demographic?
40,000 Google search /second
3.5 Billion a day
Over 1 Billion Facebook Users
41,000 post / second
3,600 images are posted
to Instagram every second
Over 500 million
Daily Tweets
100 hours of videos
are uploaded to Youtube
every minute
51. One of the most focused ways to reach
who have an interest in your offering
is by purchasing Adwords.
Adwords are offered by Google on an
auction basis
There are also a number of other similar
alternative venues and pricing schemes.
ADWORDS
55. Can be improved by SEO
This is Organic Search Results
This is Ad Words
56. Can be improved by SEO
This is Organic Search Results
This is Ad Words
This is Google
Mainly Python
Java, JavaScript
Paid Links
57. GOOGLE
identifies the ad words
Ad Words
Terms advertisers bid on
Match Topic
“Emergency Pet Care”
Key Words
“Veterinary hospital “
First, when a user enters search terms into
Google
Google identifies ad words,
terms that advertisers have placed bids on
that match the searchers topic.
How does it proceed?
58. GOOGLE
identifies the ad words
Ad Words
Terms advertisers bid on
Match Topic
“Emergency Pet Care”
Key Words
“Veterinary hospital “
First, when a user enters search terms into
Google
Google identifies ad words,
terms that advertisers have placed bids on
that match the searchers topic.
How does it proceed?
Here you accept
to pay!
Here you pay!
59. Advertisers bid on their keywords by setting a maximum
cost per click-through, or Max CPC for each keyword they
are interested in.
CPC bidding is also sometimes called pay per click, or PPC.
Typically, winning adword bids are sold for less than the
maximum CPC.
The actual CPC is typically 1 to $2.
CPC & ACPC
Cost per Click (Pay per Click) & Actual Cost Per Click
60. Advertisers bid on their keywords by setting a maximum
cost per click-through, or Max CPC for each keyword they
are interested in.
CPC bidding is also sometimes called pay per click, or PPC.
Typically, winning adword bids are sold for less than the
maximum CPC.
The actual CPC is typically 1 to $2.
CPC & ACPC
Cost per Click (Pay per Click) & Actual Cost Per Click
The most expensive
adwords
Per-click through
prices
Attorney $54
Mortgage $47
Insurance $47
61. How the ranking works?
Note that Google gets paid only when someone clicks through a
sponsored link to the advertiser's landing page. Google ranks the links
that it shows. Therefore to maximise the revenues it uses the below
calculation:
Ad Rank = (CPC bid)(expected click-through rate)
62. How the ranking works?
Note that Google gets paid only when someone clicks through a
sponsored link to the advertiser's landing page. Google ranks the links
that it shows. Therefore to maximise the revenues it uses the below
calculation:
Ad Rank = (CPC bid)(expected click-through rate)
Quality Score =
Weighted Average of
expected click-through rate
ad relevance and landing page experience
Ad Rank = (CPC bid)(Quality Score)
63. How the ranking works?
Note that Google gets paid only when someone clicks through a
sponsored link to the advertiser's landing page. Google ranks the links
that it shows. Therefore to maximise the revenues it uses the below
calculation:
Ad Rank = (CPC bid)(expected click-through rate)
Quality Score =
Weighted Average of
expected click-through rate
ad relevance and landing page experience
Ad Rank = (CPC bid)(Quality Score)
In Google's words what this means is the quality of your ad text and landing page
in the context of what a user is searching for.
Why Quality Score?
To prevent exploitative misdirection that would hurt the
Google brand. For example, imagine if a liquor store
decided to buy adwords related to emergency pet care on
the theory that people with a sick pet could probably use a
drink.
64. How this ranking works?
Ad Rank = (CPC bid)(Quality Score)
Why Quality Score?
To prevent exploitative misdirection that would hurt the
Google brand. For example, imagine if a liquor store
decided to buy adwords related to emergency pet care on
the theory that people with a sick pet could probably use a
drink. =
65. How this ranking works?
Ad Rank = (CPC bid)(Quality Score)
Why Quality Score?
To prevent exploitative misdirection that would hurt the
Google brand. For example, imagine if a liquor store
decided to buy adwords related to emergency pet care on
the theory that people with a sick pet could probably use a
drink. =Google automatically parses the text of the sponsored link, and of the web page the sponsored link
points to, the so-called landing page. If either text does not contained primarily language directly
related to the medical care of animals, the liquor store would get a very low quality score for that
bid.
Google aims to offer sponsored links to landing pages that are as similar as possible in subject
matter, quality, and click-through rates to the webpages that Google ranks highest in its unsponsored
or organic search results.
SEO = Search Engine Optimization
67. Some Definitions to save the day!
This is Google3.5 Billion
Search a day
1,000peopleclickedyourlinkonGoogle
andlandinyourpage!
This is you!
Butyoureceived2,000visitors
fromallthirdpartywebsites.
Inthiscase,yourCTRfromGoogle
is50%
CLICK-THROUGH RATE
50%
68. Some Definitions to save the day!
This is Google3.5 Billion
Search a day
1,000peopleclickedyourlinkonGoogle
andlandinyourpage!
This is you!
400 of these 1,000
stayed in your site
Butyoureceived2,000visitors
fromallthirdpartywebsites.
Inthiscase,yourCTRfromGoogle
is50%
600 of these 1,000
stayed in your site for a few seconds
and immediately left!
BOUNCE RATE60%
CLICK-THROUGH RATE
50%
69. Some Definitions to save the day!
This is Google3.5 Billion
Search a day
1,000peopleclickedyourlinkonGoogle
andlandinyourpage!
This is you!
400 of these 1,000
stayed in your site
However only
20 of 1,000
made a purchase
Butyoureceived2,000visitors
fromallthirdpartywebsites.
Inthiscase,yourCTRfromGoogle
is50%
600 of these 1,000
stayed in your site for a few seconds
and immediately left!
BOUNCE RATE60%
CONVERSION RATE2%
CLICK-THROUGH RATE
50%
70. Some Definitions to save the day!
This is Google3.5 Billion
Search a day
1,000peopleclickedyourlinkonGoogle
andlandinyourpage!
This is you!
400 of these 1,000
stayed in your site
However only
20 of 1,000
made a purchase
Butyoureceived2,000visitors
fromallthirdpartywebsites.
Inthiscase,yourCTRfromGoogle
is50%
600 of these 1,000
stayed in your site for a few seconds
and immediately left!
BOUNCE RATE60%
CONVERSION RATE2%
CLICK-THROUGH RATE
50%
This is so bad! You throw away this money!
71. Some Definitions to save the day!
This is Google3.5 Billion
Search a day
1,000peopleclickedyourlinkonGoogle
andlandinyourpage!
This is you!
400 of these 1,000
stayed in your site
However only
20 of 1,000
made a purchase
Butyoureceived2,000visitors
fromallthirdpartywebsites.
Inthiscase,yourCTRfromGoogle
is50%
600 of these 1,000
stayed in your site for a few seconds
and immediately left!
BOUNCE RATE60%
CONVERSION RATE2%
CLICK-THROUGH RATE
50%
This is so bad! You throw away this money!
Question:
What is the right question
to be asked here?
72. Ad Words is just the beginning
The question is how much a converted customer costs you?
73. Ad Words is just the beginning
Once we develop some experience with bidding on ad words, we will have data on the
typical actual cost per click through, actual CPC we are paying.
We can track just the users who come to our website through a sponsored link
and determine what percentage of them ultimately buy our product at least once.
This percentage is our conversion rate for sponsored links.
The question is how much a converted customer costs you?
75. Acquisition cost
Acquisition cost Total CPC
Conversion Rate
=
What we pay to
Google for CPC $2
From google ad words
1,000 people visited the page
but only 20 people made purchased
2%
76. Acquisition cost
Acquisition cost Total CPC
Conversion Rate
=
What we pay to
Google for CPC $2
From google ad words
1,000 people visited the page
but only 20 people made purchased
2%
In this case, we are paying
100 USD (2 USD / 2 %)
to acquire one customer from google
77. Acquisition cost
Acquisition cost Total CPC
Conversion Rate
=
What we pay to
Google for CPC $2
From google ad words
1,000 people visited the page
but only 20 people made purchased
2%
In this case, we are paying
100 USD (2 USD / 2 %)
to acquire one customer from google
Question:
What is the right question
to be asked here?
78. Acquisition cost = 100 USD
What does that mean?
Your goal should be a cost of
customer acquisition less than the
first year's average revenues per
customer.
Unless your company is super ultra very cash flow positive!
79. Acquisition cost = 100 USD
What does that mean?
Your goal should be a cost of
customer acquisition less than the
first year's average revenues per
customer.
Unless your company is super ultra very cash flow positive!
If avg. rev. per customer is 85 USD
and acquisition cost is 100 USD
YOU ARE RUNNING
OUT OF CASH
80. Acquisition cost = 100 USD
What does that mean?
Your goal should be a cost of
customer acquisition less than the
first year's average revenues per
customer.
Unless your company is super ultra very cash flow positive!
If avg. rev. per customer is 85 USD
and acquisition cost is 100 USD
YOU ARE RUNNING
OUT OF CASH
Acquisition cost
Total CPC
Conversion Rate=85 USD
100 USD
81. Acquisition cost = 100 USD
What does that mean?
Your goal should be a cost of
customer acquisition less than the
first year's average revenues per
customer.
Unless your company is super ultra very cash flow positive!
If avg. rev. per customer is 85 USD
and acquisition cost is 100 USD
YOU ARE RUNNING
OUT OF CASH
Acquisition cost
Total CPC
Conversion Rate=85 USD
Either you need to
decrease CPC from 2 USD
to 1.7 USD
100 USD
82. Acquisition cost = 100 USD
What does that mean?
Your goal should be a cost of
customer acquisition less than the
first year's average revenues per
customer.
Unless your company is super ultra very cash flow positive!
If avg. rev. per customer is 85 USD
and acquisition cost is 100 USD
YOU ARE RUNNING
OUT OF CASH
Acquisition cost
Total CPC
Conversion Rate=85 USD
Either you need to
decrease CPC from 2 USD
to 1.7 USD
Or you will have to
increase the conversion rate
to more than 2.4%
100 USD
83. Acquisition cost = 100 USD
What does that mean?
Your goal should be a cost of
customer acquisition less than the
first year's average revenues per
customer.
Unless your company is super ultra very cash flow positive!
If avg. rev. per customer is 85 USD
and acquisition cost is 100 USD
YOU ARE RUNNING
OUT OF CASH
Acquisition cost
Total CPC
Conversion Rate=85 USD
Either you need to
decrease CPC from 2 USD
to 1.7 USD
Or you will have to
increase the conversion rate
to more than 2.4%
You can not bargain
with Google
100 USD
In our case at least 24 of 1000 visitors
have to make purchase
84.
85.
86.
87.
88. Segmentation
We would like to identify common characteristics shared by
visitors with high conversion to revenue rates, and even better
with high recurring revenue and lifetime value.
When we segment our customers into groups and identify
common characteristics, so we can figure out what kind of visitors
later become our best customers and focus on attracting more
like them
89. Segmentation Where did a visitor to our website come from?
Sponsored search, they click on an ad that we ourselves
placed on a search engine.
Organic search, they clicked on an unpaid link to our
website that came up in search results,
Or they clicked on a link that we placed in a group email or
in a tweet.
From a third party website? Someone like a food critic wrote
a blog post or article about us and included a link to our
site.
Or direct they typed in our URL themselves?
90. Segmentation
People who click through an organic link, have a much lower
bounce rate (25%) than the people who find us through a
sponsored link, 45%.
It would make sense to devote resources to improving our
organic ranking in search results, a process called Search Engine
Optimization or SEO.
IMAGINE YOU FOUND OUT THIS AT THE END OF SEGMENTATION
IN THIS CASE:
91. Credentials
The content and context of this presentation is mainly structured on the Coursera and Duke University lecture notes of
“Business Metrics for Data-Driven Companies” which is thought by Daniel Egger (Executive in Residence and Director, Center
for Quantitative Modelling).
If you want to discover about the course (you should) please follow the link embedded in the logo.
92. THANK YOU VERY MUCH.ALPER AKBAŞ
alperakbas@aviationportal.org