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Who needs a measurement
strategy anyway?

John D’Arcy
Practice Director, Analytics & Insight
We work with…
© Foviance 2011   3
Exabytes
300

250

200

150

100

 50

  0
   1986    1993   2000   2007
Every day we generate
2.5 quintillion bytes of
         data




          © Foviance 2011   5
30 billion pieces of        40% projected growth
                                                                     £400 to buy a disk
content shared on               in global data
                                                                       drive that can
 Facebook every              generated per year
                                                                       store all of the
       month                          vs.
                                                                        world’s music
                            5% growth in global IT
                                   spending

                                                                         140,000–
   5 billion mobile                                                       190,000
       phones                 60% potential increase                     more data-
   in use in 2010              in retailers’ operating                     savvy
                               margins possible with                     managers
                                      big data                           needed to
                                                                            take
                                                                         advantage

  90% of the worlds data has
                                                                  15 out of 17
been collected in the last 2 years
                                                       sectors in the United States have
                                                         more data stored per company
                                     © Foviance 2011    than the US Library of Congress6
© Foviance 2011   7
7 ways to Measure & Understand behaviour




                               Test A
                               versus
                               Test B



                       © Foviance 2011     8
Qualitative
                  The Customer Experience data eco-system


                       Buzz Monitoring
                                                                Qualitative Research
                                                                    Techniques


                                     Voice of Customer Programmes


                                           3rd party research
   Quantitative




                                                Customer Experience Measurement



                                Web Analytics



                         Tracking                                   Diagnostic


                                            © Foviance 2011                            9
© Foviance 2011   10
Awareness           Consideration                   Usage                      Performance

     • Do people          • Would they                      • What are the           • When they
       know about           consider                          rates at                 get online
       the online           going online                      which they               what is their
       offering?            to purchase?                      are going                experience?
                                                              online?
                                                            • How does
                                                              this link with
                                                              other
                                                              channels?




                                       © Foviance 2011                                             11
A framework will lead to a roadmap to make help you measure:
Business Objective                      Business Requirement                              Priority            Outcome                         Measure                     Segmentation

                                                                                                                                                                     Hour of day, day of week,
                                                                                                                                      1. Unique Visitors, Visits,         month of year
                                                                                                                                          Page views to site
                                   Understand overall activity to site and key content               Increase the audience visiting                                        Content Group
                             1                                                             High
                                  areas. What are peak times of activity for each area?                      the web site
                                                                                                                                      2. Unique Visitors, Visits,
                                                                                                                                      Page views to home page            Homepage version


                                                                                                                                               1. Visits              Content groups per visit

                                   The right metrics                                                                                                                New versus Returning visitor
                                    Understand the content consumption profiles of                     Increase understanding of       1. Visit duration, depth
                             2    visitors to the site. Which channels and services are   Medium        content consumption of                                             Content Group
                                        consumed by different groups of visitors?                          visitors to the site
                                                                                                                                                                    New versus Returning visitor
                                                                                                                                      2. Visit frequency, recency
                                                                                                                                                                           Content Group

                                                                                                         Provide information to         1. Visits to email                 Content Group

                                                                                             Tell you how to deliver on
                                                                                                     demonstrate and support the
     To grow audience to            To understand how services such as email drive
                             3                                                            Medium     value which the email service
     the site and increase          audience to channels. What value does this add?
                                                                                                           provides to visitor
1     visitor engagement                                                                                                           2. Visit frequency, recency      Email versus non-email visits

                                                                                                    those metrics
                                                                                                              engagement
      in order to increase
        loyalty and value
                                                                                                                                            1. Video loads                      Page

                                   What is the impact of video content on audience
                                                                                                     Optimise video content on site         2. Video Starts
                             4   engagement and content consumption? What type of           Low
                                                                                                     based on visitor consumption                                           Player type
                                             video content drives value?
                                                                                                                                          3. Video progress
                                                                                                                                         4. video completes                 Video Name

                                                                                                                                        5. Ad starts/completes
                                                                                                       Increase understanding of
                                    Who are the visitors to the site and how do they
                             5                                                            Medium        content consumption of
                                     interact with different channels and services?
                                                                                                           visitors to the site

                                    How can the homepage and channel content be                      Content optimised in real-time
                             6   optimised to capitalise on interest from breaking news     Low      using performance data from             Page views
                                                         stories?                                              analytics


                             7
                                 To understand what content is most popular and what
                                 content should be promoted in order to optimise pages
                                                                                               A prioritisation roadmap to get
                                                                                          Medium
                                                                                                     Content optimised to increase
                                                                                                         customer satisfaction


                             8
                                     How can voice of customer programme data be
                                    integrated with website behaviour to understand         Low
                                                                                                     data sources talking
                                                                                                         Integrated reports in
                                                                                                     WebTrends to show impact of 1. Mean satisfaction score by
                                                                                                       customer satisfaction on              visit
                                           impact on engagement and loyalty?
                                                                                                           visitor behaviour


                                                                               © Foviance 2011                                                                                                      12
5   Lessons I’ve learnt




        © Foviance 2011   13
1   Don’t underestimate the
    cost of implementation




                 © Foviance 2011   14
2   Dashboards:
    recommendations not numbers




                © Foviance 2011   15
3   Data is naturally dirty
    and needs to be cleansed




                 © Foviance 2011   16
4   Employ marketing analysts
    not software engineers




                © Foviance 2011   17
5   Big data is useless without
    the art of storytelling




                 © Foviance 2011   18
A final thought:



                            “       The

SEXY JOB JOB
   SEXY
in the next 10 years
  will be statisticians
     Hal Varian Google Chief Economist

                                         ”
                                     © Foviance 2011   19
John D’Arcy
Foviance
john.darcy@foviance.com




             © Foviance 2011   20

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Directors Forum: Who needs a measurement framework anyway?

  • 1. Who needs a measurement strategy anyway? John D’Arcy Practice Director, Analytics & Insight
  • 4. Exabytes 300 250 200 150 100 50 0 1986 1993 2000 2007
  • 5. Every day we generate 2.5 quintillion bytes of data © Foviance 2011 5
  • 6. 30 billion pieces of 40% projected growth £400 to buy a disk content shared on in global data drive that can Facebook every generated per year store all of the month vs. world’s music 5% growth in global IT spending 140,000– 5 billion mobile 190,000 phones 60% potential increase more data- in use in 2010 in retailers’ operating savvy margins possible with managers big data needed to take advantage 90% of the worlds data has 15 out of 17 been collected in the last 2 years sectors in the United States have more data stored per company © Foviance 2011 than the US Library of Congress6
  • 8. 7 ways to Measure & Understand behaviour Test A versus Test B © Foviance 2011 8
  • 9. Qualitative The Customer Experience data eco-system Buzz Monitoring Qualitative Research Techniques Voice of Customer Programmes 3rd party research Quantitative Customer Experience Measurement Web Analytics Tracking Diagnostic © Foviance 2011 9
  • 11. Awareness Consideration Usage Performance • Do people • Would they • What are the • When they know about consider rates at get online the online going online which they what is their offering? to purchase? are going experience? online? • How does this link with other channels? © Foviance 2011 11
  • 12. A framework will lead to a roadmap to make help you measure: Business Objective Business Requirement Priority Outcome Measure Segmentation Hour of day, day of week, 1. Unique Visitors, Visits, month of year Page views to site Understand overall activity to site and key content Increase the audience visiting Content Group 1 High areas. What are peak times of activity for each area? the web site 2. Unique Visitors, Visits, Page views to home page Homepage version 1. Visits Content groups per visit The right metrics New versus Returning visitor Understand the content consumption profiles of Increase understanding of 1. Visit duration, depth 2 visitors to the site. Which channels and services are Medium content consumption of Content Group consumed by different groups of visitors? visitors to the site New versus Returning visitor 2. Visit frequency, recency Content Group Provide information to 1. Visits to email Content Group Tell you how to deliver on demonstrate and support the To grow audience to To understand how services such as email drive 3 Medium value which the email service the site and increase audience to channels. What value does this add? provides to visitor 1 visitor engagement 2. Visit frequency, recency Email versus non-email visits those metrics engagement in order to increase loyalty and value 1. Video loads Page What is the impact of video content on audience Optimise video content on site 2. Video Starts 4 engagement and content consumption? What type of Low based on visitor consumption Player type video content drives value? 3. Video progress 4. video completes Video Name 5. Ad starts/completes Increase understanding of Who are the visitors to the site and how do they 5 Medium content consumption of interact with different channels and services? visitors to the site How can the homepage and channel content be Content optimised in real-time 6 optimised to capitalise on interest from breaking news Low using performance data from Page views stories? analytics 7 To understand what content is most popular and what content should be promoted in order to optimise pages A prioritisation roadmap to get Medium Content optimised to increase customer satisfaction 8 How can voice of customer programme data be integrated with website behaviour to understand Low data sources talking Integrated reports in WebTrends to show impact of 1. Mean satisfaction score by customer satisfaction on visit impact on engagement and loyalty? visitor behaviour © Foviance 2011 12
  • 13. 5 Lessons I’ve learnt © Foviance 2011 13
  • 14. 1 Don’t underestimate the cost of implementation © Foviance 2011 14
  • 15. 2 Dashboards: recommendations not numbers © Foviance 2011 15
  • 16. 3 Data is naturally dirty and needs to be cleansed © Foviance 2011 16
  • 17. 4 Employ marketing analysts not software engineers © Foviance 2011 17
  • 18. 5 Big data is useless without the art of storytelling © Foviance 2011 18
  • 19. A final thought: “ The SEXY JOB JOB SEXY in the next 10 years will be statisticians Hal Varian Google Chief Economist ” © Foviance 2011 19

Editor's Notes

  1. Back to Big Data – what’s the principal of making it work