Measurement & Analytics
Resources http://analytics.blogspot.com/ http://www.smartinsights.com/strategy/digital-marketing-strategy/ http://www.kaushik.net/avinash/  (google evangelist) http://www.advanced-web-metrics.com/blog/ http://twitter.com/#!/brianclifton http://twitter.com/#!/davechaffey http://www.roirevolution.com/blog/ http://online-behavior.com/ http://online-behavior.com/
SMART KPIs  SMART stands for goals or KPIs that are: Specific . Is the objective applied to measure real-world problems an  opportunities and drive performance? Measurable . Can a quantitative or qualitative attribute be used as a measure? Actionable . Can the information be used to improve performance? If the objective doesn ’t change behaviour in staff to help them improve performance, there is little point in it! Relevant . Can the information be applied to the specific problem faced by organisations? Time-related . Does the goal cover a period like month, quarter or year?
Creating a Measurement Framework
Objectives Increase sales Increase Awareness of Brand and Services on Online Channels Increase Customer Retention Rates Increase Engagement levels on Online Channels Increase Customer Services Channels and Coverage Increase Customer Share Of Voice Online Raise Awareness of New Services using Social Channels Reduce Customer Acquisition Costs Reduce Customer Service Costs Increase quantity and quality of B2B Leads
Goals Increase Average order size Reduce cart abandonment rates Increase number of marketing qualified leads Increase % of leads to closed business Increase # of branded traffic to site Increase length of time on site areas Increase # of email subscriptions Increase # of social media likes, comments and shares
Typical Trackable KPIs Rate & Value of Conversions Average order size (ecommerce apps) Customer Lifetime Value Average Revenue Per User Abandonment rates Cost per Lead & Cost Per Sale Core Bounce rates Frequency and Return rates
Metrics Traffic Related Statistics # Page Views, Visits, Unique Visitors Channel Statistics  Decomposition of Organic, Paid, Email, Direct etc.. Social Stats # of Twitter, FB, Blog, LinkedIn followers/comments # of 3 rd  Party Links  Partners, Referrals, Promotions, Affiliates  # of Newsletter signups # of Site Specific Downloads  Webinar Views, Articles, Whitepapers, podcasts
Measurement Framwork
Simple Example
Measurement Summary Business Objectives  –  High level Goals Increase Sales, Increase customer retention, Reduce Acquisition Costs, Increase # of leads, Increase share of voice, Increase quality of leads to sales Goals  –  Deconstructed achievables to be measured Increase conversion rate, reduce cart abandonment, increase branded traffic etc Key Performance Indicators  –  units of measurement to tell you if meeting goals Conversion rates, abandonment rates, CPA, CPL etc.
Cumulative Increment Work-Through
www.smartinsights.com www.davechaffey.com/Spreadsheets
Google Analytics
Add GA Code
Tracking Txns
Ways to Monitor Site Performance
Acquisition Strategy How good is the acquisition strategy? Traffic Sources Report. Around 40% to 50% Search is normal   20% or so  Direct Traffic . 20% to 30% Referring Sites 10% Campaigns  
Check Visitor Loyalty & Recency
Recency
Length of Visit
Landing Page Performance Landing Page Performance
Custom Alerts Tip : Use Custom Alerts in your system
Segmenting your audience by setting up advanced segments
Segmentation Key referring segments: Search Paid vs Natural Branded vs non-branded Email marketing Affiliates Social media Don ’t forget: New vs returning/customer non-customer First and last referrer. Use attribution scripts: http://www.google.com/support/forum/p/Google+Analytics/thread?tid=0e672a6afb56558c&hl=en
Segmenting Search
Other Segmentation Options 1. Segmentation by  Referrer / Traffic sourc e: Paid Natural Paid and natural brand and non-brand By number of keywords – 2,3,4 Social media   2. Segmentation by  Visitor Type New visitor Returning visitor Registered visitor Customer 3. Segmentation by  Engagement 5 pages, <3 pages 4. Segmentation by  Content Viewed   Key landing page Product page Checkout complete Folders for large organisation 5. Segmentation by  Landing Page Type 6. Segmentation by  Event : Conversion goal types and  E-commerce  7. Segmentation by  Platform  (less important) Browser Screen resolution Mobile platforms 8. Segmentation by  Location  Main markets UK US FIGS ROW + By behaviour – search and browse See  http://www.smartinsights.com/blog/web-analytics/google-analytics-web-analytics/segmenting-google-analytics/
Customisation Technique: Goals and funnels
Filter example
20 goals in GA so group them!
Setting up conversion goals Remember to Setup multiple conversion goals Attach notional value to each Can then assess  $Index value   by referrer and content Ecommerce sites have specific product value attached so generally best not to add value to  non-sales goal
Conversion funnels These can be setup for each conversion goal Example: Email sign-up, Landing page, checkout Consider higher level funnels – or use conversion goals for these
Simple funnel setup and what NOT to do  Gotchas 1.  The  match type  also applies to the funnel  care with exact match  Gotchas 2.  Not actually the URL start with /<page> Gotchas 4.  Missing/wrongly  assigning goal value Gotchas 5. Required step  may exclude some  behaviour e.g. entry deeper into funnel Gotchas 3.  Including a trailing  slash /   http://www.lunametrics.com/blog/2008/06/25/funnel-problems-google-analytics/ NB – Segmenting funnel:  http://www.lunametrics.com/blog/2010/06/04/segment-goal-funnel-google-analytics/
Segment your funnels! Source:  http://www.lunametrics.com/blog/2010/06/04/segment-goal-funnel-google-analytics
Voice of Customer
Use Feedback tools for… “ Why ” not “ What ” http://www.smartinsights.com/digital-marketing-software/website-feedback-tools-review/
http://www.4qsurvey.com/   “ Bad web site.  Difficult to find item as no search box  provided for short cut ”   “ I can't find any prices on your website ”   “ Would like to see where I can buy products from ”  .
Voice of the customer
Gaining site and business innovation ideas through Uservoice
Tools http://analyticsvisualizations.appspot.com/juicekit/AnalyticsVisualization.html   www.wordle.net www.iperceptions.com www.kamplyle.com www.getsatisfaction.com www.uservoice.com www.polldaddy.com www.surveymonkey.com

GCD-Measurement&Analytics-Week11

  • 1.
  • 2.
    Resources http://analytics.blogspot.com/ http://www.smartinsights.com/strategy/digital-marketing-strategy/http://www.kaushik.net/avinash/ (google evangelist) http://www.advanced-web-metrics.com/blog/ http://twitter.com/#!/brianclifton http://twitter.com/#!/davechaffey http://www.roirevolution.com/blog/ http://online-behavior.com/ http://online-behavior.com/
  • 3.
    SMART KPIs SMART stands for goals or KPIs that are: Specific . Is the objective applied to measure real-world problems an opportunities and drive performance? Measurable . Can a quantitative or qualitative attribute be used as a measure? Actionable . Can the information be used to improve performance? If the objective doesn ’t change behaviour in staff to help them improve performance, there is little point in it! Relevant . Can the information be applied to the specific problem faced by organisations? Time-related . Does the goal cover a period like month, quarter or year?
  • 4.
  • 5.
    Objectives Increase salesIncrease Awareness of Brand and Services on Online Channels Increase Customer Retention Rates Increase Engagement levels on Online Channels Increase Customer Services Channels and Coverage Increase Customer Share Of Voice Online Raise Awareness of New Services using Social Channels Reduce Customer Acquisition Costs Reduce Customer Service Costs Increase quantity and quality of B2B Leads
  • 6.
    Goals Increase Averageorder size Reduce cart abandonment rates Increase number of marketing qualified leads Increase % of leads to closed business Increase # of branded traffic to site Increase length of time on site areas Increase # of email subscriptions Increase # of social media likes, comments and shares
  • 7.
    Typical Trackable KPIsRate & Value of Conversions Average order size (ecommerce apps) Customer Lifetime Value Average Revenue Per User Abandonment rates Cost per Lead & Cost Per Sale Core Bounce rates Frequency and Return rates
  • 8.
    Metrics Traffic RelatedStatistics # Page Views, Visits, Unique Visitors Channel Statistics Decomposition of Organic, Paid, Email, Direct etc.. Social Stats # of Twitter, FB, Blog, LinkedIn followers/comments # of 3 rd Party Links Partners, Referrals, Promotions, Affiliates # of Newsletter signups # of Site Specific Downloads Webinar Views, Articles, Whitepapers, podcasts
  • 9.
  • 10.
  • 11.
    Measurement Summary BusinessObjectives – High level Goals Increase Sales, Increase customer retention, Reduce Acquisition Costs, Increase # of leads, Increase share of voice, Increase quality of leads to sales Goals – Deconstructed achievables to be measured Increase conversion rate, reduce cart abandonment, increase branded traffic etc Key Performance Indicators – units of measurement to tell you if meeting goals Conversion rates, abandonment rates, CPA, CPL etc.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
    Ways to MonitorSite Performance
  • 18.
    Acquisition Strategy Howgood is the acquisition strategy? Traffic Sources Report. Around 40% to 50% Search is normal 20% or so  Direct Traffic . 20% to 30% Referring Sites 10% Campaigns  
  • 19.
  • 20.
  • 21.
  • 22.
    Landing Page PerformanceLanding Page Performance
  • 23.
    Custom Alerts Tip: Use Custom Alerts in your system
  • 24.
    Segmenting your audienceby setting up advanced segments
  • 25.
    Segmentation Key referringsegments: Search Paid vs Natural Branded vs non-branded Email marketing Affiliates Social media Don ’t forget: New vs returning/customer non-customer First and last referrer. Use attribution scripts: http://www.google.com/support/forum/p/Google+Analytics/thread?tid=0e672a6afb56558c&hl=en
  • 26.
  • 27.
    Other Segmentation Options1. Segmentation by Referrer / Traffic sourc e: Paid Natural Paid and natural brand and non-brand By number of keywords – 2,3,4 Social media   2. Segmentation by Visitor Type New visitor Returning visitor Registered visitor Customer 3. Segmentation by Engagement 5 pages, <3 pages 4. Segmentation by Content Viewed   Key landing page Product page Checkout complete Folders for large organisation 5. Segmentation by Landing Page Type 6. Segmentation by Event : Conversion goal types and E-commerce  7. Segmentation by Platform (less important) Browser Screen resolution Mobile platforms 8. Segmentation by Location Main markets UK US FIGS ROW + By behaviour – search and browse See http://www.smartinsights.com/blog/web-analytics/google-analytics-web-analytics/segmenting-google-analytics/
  • 28.
  • 29.
  • 30.
    20 goals inGA so group them!
  • 31.
    Setting up conversiongoals Remember to Setup multiple conversion goals Attach notional value to each Can then assess $Index value by referrer and content Ecommerce sites have specific product value attached so generally best not to add value to non-sales goal
  • 32.
    Conversion funnels Thesecan be setup for each conversion goal Example: Email sign-up, Landing page, checkout Consider higher level funnels – or use conversion goals for these
  • 33.
    Simple funnel setupand what NOT to do Gotchas 1. The match type also applies to the funnel care with exact match Gotchas 2. Not actually the URL start with /<page> Gotchas 4. Missing/wrongly assigning goal value Gotchas 5. Required step may exclude some behaviour e.g. entry deeper into funnel Gotchas 3. Including a trailing slash / http://www.lunametrics.com/blog/2008/06/25/funnel-problems-google-analytics/ NB – Segmenting funnel: http://www.lunametrics.com/blog/2010/06/04/segment-goal-funnel-google-analytics/
  • 34.
    Segment your funnels!Source: http://www.lunametrics.com/blog/2010/06/04/segment-goal-funnel-google-analytics
  • 35.
  • 36.
    Use Feedback toolsfor… “ Why ” not “ What ” http://www.smartinsights.com/digital-marketing-software/website-feedback-tools-review/
  • 37.
    http://www.4qsurvey.com/ “ Bad web site. Difficult to find item as no search box provided for short cut ” “ I can't find any prices on your website ” “ Would like to see where I can buy products from ” .
  • 38.
    Voice of thecustomer
  • 39.
    Gaining site andbusiness innovation ideas through Uservoice
  • 40.
    Tools http://analyticsvisualizations.appspot.com/juicekit/AnalyticsVisualization.html www.wordle.net www.iperceptions.com www.kamplyle.com www.getsatisfaction.com www.uservoice.com www.polldaddy.com www.surveymonkey.com