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RaceInsights Analytics
Using Your Data to Drive Strategy
Hello!
Johanna Goode
Andrew Burke
We like RaceInsights.`
You can find us at:
johanna@runsignup.com
andrew@runsignup.com
3
3
Why Use Data for Marketing
❖ Spend money smarter. Data helps races make better decisions.
❖ Create better content. When you know what works, you know what to create.
❖ Be bolder. When you have access to the results, you have the confidence to
try something new (once).
““Half the money I spend on
advertising is wasted; the trouble
is, I don’t know which half.”
- John Wanamaker
Find Your Baseline
5
❖ How many registrations, transactions, and
donations did you have last year?
❖ How many of each in the previous years?
❖ Is there a seasonal pattern to your
registrations or donations?
❖ What were your previous marketing
strategies?
Data Sources
6
Our Source: RaceInsights & GiveInsights. RunSignup’s integrated analytics engine
tracks every click, registration, transaction, ticket purchase, and donation on your
RunSignup website to track the real value of a marketing strategy.
Other data sources:
❖ Google Analytics
❖ Facebook Insights
❖ Instagam Metrics
❖ Google Adwords, Adroll, et.
Basic Conversion Definitions
7
A Conversion is when someone takes a desired action (such as registering or
purchasing a ticket)
Pageviews: Each view of any page
on your RunSignup website
Signups: Registrations
Transactions: Money paid to the
race for any reason
Signup $: Money paid to the race
specifically for registrations
Donation $: Money paid to the race
for donations
Website Traffic Definitions
8
Direct Traffic: Traffic that cannot be tied to another source. This can include visitors who type in the URL
directly, use a bookmark, or come to the site from a QR code or untagged email. In RunSignup, imported
participants also show as direct.
Referral Source: Traffic that comes to your site from a link or another application
Common Referral Sources
Search Engines: A search engine like Google, Yahoo,
or Bing.
Social Media: Most commonly, Facebook, Instagram,
or Twitter. They can show in different ways:
facebook.com and l.facebook.com are web views;
m.facebook.com and lm.facebook.com are mobile
views.
Race Calendars: Common calendars include
RunningInTheUSA.com or halfmarathons.net, but you
will also see referrals from a calendar on the website
of a local timer, club, or running store.
Your Website: If you have a non-RunSignup website
that links to registration, you will see your main site
as the referral source.
Examples of Sources in
RaceInsights
9
Each conversion type on the previous slide can be attributed to a source like these:
Types of Email Sources
10
Emails from the system: Emails sent from the RunSignup System will show up with the name of the email
that it is tied to (both manual & automated emails)
Emails from other races: Emails from a different race, club, or partner on RunSignup sends that leads to a
view or registration. This includes emails who link to RunSignup, where the potential participant then uses
the search function.
Email Definitions for RaceInsights
Custom Source Tracking
11
Custom source tracking allows you to create a unique link that you can
use for specific marketing actions to track their results. RaceInsights will
then show that specific source and the registrations, transactions,
donations, and page views from that marketing action.
Promotion -> Source Tracking -> Source Tracking Codes
Custom Source Tracking
12
Use Custom Source Tracking Links for:
❖ Facebook ads
❖ Email sends not from RunSignup
❖ Email blasts from outside groups like a marketing agency or a local gym
❖ Add dollar amounts for the campaign to track the ROI of specific actions
Get Started: Set Your Goals
13
Decide what KPI’s (Key Performance Indicators) will demonstrate success in
your campaign. Common goals for races include:
❖ More website visits
❖ More registrations
❖ More transaction dollars
❖ More donations
❖ Less money spent on marketing
❖ Less time spent on marketing
You have to understand your goals to evaluate your success
Track Your Marketing Activity
14
Track ALL marketing activities on a central calendar so you can connect
actions to swings in your conversions. These actions include:
❖ Facebook ads
❖ Email sends
❖ Coupon code shares
❖ Special events
❖ Price increases
❖ Instagram campaigns
❖ Media
❖ Race ambassador
actions
Transactions Reports
15
Transactions and Registrations
16
Take Action with
Transaction Reports
17
❖ Use your previous year’s data to
understand the impact of price
increases and marketing activities
❖ Compare your curve to the average
❖ Test out marketing in slow vs. heavy
registration periods to see what has
the biggest impact
Promotion Reports:
Loyalty
18
Loyalty: Repeat Participants
19
The graphics are pretty,
but it’s those buttons at
the bottom that are
actionable.
Loyalty: Repeat Participants
20
“18% of participants
return to a race in the
subsequent year
Marketing to Non-Returning
Participants
22
❖ Email to remind participants to return - include pictures and
references to previous events to remind them how much fun it is!
❖ Create a Facebook Custom Audience
➢ Create an ad with pictures of the previous years to target non-
returning runners
➢ Create a Lookalike Audience for all previous participants to find
new runners to replace non-returners.
23
Facebook Custom Audiences allow you to target
ads at specific people on a or to create Lookalike
Audiences of people with similar characteristics
to those on your list.
❖ Custom Audiences can take into account a
person’s Lifetime Value (LTV)
❖ Custom Audience Reports can be downloaded at
Promotion -> Facebook Custom Audiences
❖ You can also create Custom Audience Reports
with more filters in CRM
Facebook Custom Audiences
Marketing to Repeat
Participants
24
❖ Emails to repeat participants: include encouragement
to invite friends and family
❖ Create a Facebook Custom Audience for a targeted ad
❖ Create a Loyalty Program (details ahead)
❖ Promote a Referral Rewards Program (details ahead)
Creating a Loyalty Program
25
A Loyalty Program opens registration to priority registrants before the general public. You can
create a Loyalty Program of previous participants to reward them for their participation and
make them feel valued.
Race -> Registration -> Loyalty Program
❖ Makes returning participants feel special and encourages them to lock in registration
early
❖ Motivates others to register so that they can access early registration in subsequent
years
❖ A small discount or loyalty-only swag can create extra motivation in a Loyalty Program
Promotion Reports:
Referrals
26
27
Referral Report
Promotion, Referrals
Report. ROI is Return on
Investment and is
calculated:
Net profit/Investment
28
Referrals allow you to generate codes for participants and track the registrations
they refer. You can use rewards - automated refunds, swag, or a combination of
the two - to encourage referrals. Example:
Example:
❖ $75 Registration
❖ $20 Refund for 5 Referrals ($20 refund vs. $375 in registrations)
❖ Full Refund for 15 Referrals ($75 refund vs. $1,125 in registrations)
❖ Premium Jacket ($60) for 20 Referrals ($135 for $1,500 in registrations)
Creating a Referral Program
29
Low Completion Rate
❖ While many participants will
refer someone, most will not
reach the threshold for a
reward
❖ You’ll owe a refund for 5
referrals...but if they refer 1-4,
that’s still valuable to you,
with no refund owed
Why Referral Rewards Works
High Loyalty Rate
❖ The participants that DO make
the effort to refer enough
participants to earn a reward
are valuable assets. By
rewarding them, you make
them feel more connected
and loyal to your race
30
Referral Rewards Results
13
Registrations for every
refund (when referral
rewards are enabled)
Promotion Reports:
Coupons
31
32
Coupon Report
33
Coupon usage is ballooning. Make sure you aren’t over-discounting your event:
❖ Set time limits on coupons to make them stronger calls to action.
❖ Pre-set your coupon plan ahead of time and stick to it.
Getting the Most Out of Coupons
Watch the ROI.
If it’s falling, you
may be over-using
coupons.
Demographic Reports:
Age and Gender
34
35
Demographic Reports
Available Reports:
❖ Registrations by Age
❖ Registrations by Gender
❖ Registrations by City
❖ Registrations by State
❖ Registrations by Country
❖ Participant Heat Map
36
Demographic Reports: Age &
Gender
Compare your demographic reports to the national averages.
37
Gender
❖ Women are still a majority of
participants. Include them in
your advertisements, and offer
gender-specific sizing to make
women feel welcome.
Take Action with Demographics
Age
❖ Boost your margins with a
kids race, age-based pricing,
and an emphasis on age
group awards and a Master’s
Division.
❖ Mix up your advertising to
reach different groups - social
media and FOMO are key for
Millenials & GenXers.
Demographic Reports:
Location
38
39
Demographic Reports: Location
The “Download CSV” on the Participant Heat Map gives you a view of
everyone’s zip code.
Take Action With Location
40
❖ Target advertising to hot spot zip codes
❖ Reach out to running clubs and make connections with community
leaders in under-represented.
❖ Try targeting a new zip code beyond your current reach to test if it’s
worth expanding your advertising
Registration Reports
41
42
Registration Reports
Available Reports:
❖ Giveaways
❖ Question Responses
❖ Registration Periods
❖ Revenue by Event
❖ Imported Registrations
❖ Day of Week
❖ Time of Day
❖ Registrations per Day
43
Take Action with
Registration Periods
❖ Decide: do you prioritize early
registrations or maximizing your
registration dollars?
❖ Try adding or adjusting price
increases to shift your revenue and
registration curve.
44
Take Action with
Revenue By Event
❖ Compare your revenue by event to your expenses (and time) per event
❖ Adjust your pricing if there is a misalignment of cost and revenue, or consider changing
your event options
45
Take Action with When
Runners Register
❖ Target emails to peak days and
times.
❖ Schedule coupon code releases and
special promotions when participants
are most active
❖ Run Facebook ads when runners are
most likely to register
RaceInsights in CRM
46
47
RaceInsights in CRM
Source Insight Data is Now Available
in your CRM
❖ No historical data, so moving forward from
9/24/2019
❖ Filter participants, fundraisers, donors, and
club members by source - either a custom
source (from a tracking link) or from a link
including a work (like Facebook or
RunSignup)
48
Take Action with
RaceInsights in CRM
❖ Use a Facebook custom ad to target participants who came to any of your races from
Facebook
❖ Send an extra email to participants who came from an email send
❖ Send a personalized invitation to register and a coupon to anyone who joined from a
specific affiliate link (like a local gym or running club)
RaceInsights Success
Story
49
50
Build a Complete Picture of
Marketing Performance
Challenges:
This large race wanted to:
❖ Allocate marketing spend effectively
❖ Do A/B testing on segmented email audiences to test the relative success of
types of email layouts and conversions
❖ Target participants who register on Facebook with Facebook ads about their
referral program
51
Custom Source Tracking Setup
52
Follow-Up Steps
From this setup, the race:
❖ Compared the results on emails to determine their future email styles and
calls to action
❖ Used comparative success of Facebook, Instagram, and Twitter to determine
how much marketing money to put towards each
❖ Used the CRM to build a list of registrants from social media, and created
targeted ads around referral rewards, as well as creating a Lookalike
Audience to target.
Thanks!
Any questions?
You can find me at:
johanna@runsignup.com
andrew@runsignup.com
53

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RaceInsights Analytics

  • 1. RaceInsights Analytics Using Your Data to Drive Strategy
  • 2. Hello! Johanna Goode Andrew Burke We like RaceInsights.` You can find us at: johanna@runsignup.com andrew@runsignup.com
  • 3. 3 3 Why Use Data for Marketing ❖ Spend money smarter. Data helps races make better decisions. ❖ Create better content. When you know what works, you know what to create. ❖ Be bolder. When you have access to the results, you have the confidence to try something new (once).
  • 4. ““Half the money I spend on advertising is wasted; the trouble is, I don’t know which half.” - John Wanamaker
  • 5. Find Your Baseline 5 ❖ How many registrations, transactions, and donations did you have last year? ❖ How many of each in the previous years? ❖ Is there a seasonal pattern to your registrations or donations? ❖ What were your previous marketing strategies?
  • 6. Data Sources 6 Our Source: RaceInsights & GiveInsights. RunSignup’s integrated analytics engine tracks every click, registration, transaction, ticket purchase, and donation on your RunSignup website to track the real value of a marketing strategy. Other data sources: ❖ Google Analytics ❖ Facebook Insights ❖ Instagam Metrics ❖ Google Adwords, Adroll, et.
  • 7. Basic Conversion Definitions 7 A Conversion is when someone takes a desired action (such as registering or purchasing a ticket) Pageviews: Each view of any page on your RunSignup website Signups: Registrations Transactions: Money paid to the race for any reason Signup $: Money paid to the race specifically for registrations Donation $: Money paid to the race for donations
  • 8. Website Traffic Definitions 8 Direct Traffic: Traffic that cannot be tied to another source. This can include visitors who type in the URL directly, use a bookmark, or come to the site from a QR code or untagged email. In RunSignup, imported participants also show as direct. Referral Source: Traffic that comes to your site from a link or another application Common Referral Sources Search Engines: A search engine like Google, Yahoo, or Bing. Social Media: Most commonly, Facebook, Instagram, or Twitter. They can show in different ways: facebook.com and l.facebook.com are web views; m.facebook.com and lm.facebook.com are mobile views. Race Calendars: Common calendars include RunningInTheUSA.com or halfmarathons.net, but you will also see referrals from a calendar on the website of a local timer, club, or running store. Your Website: If you have a non-RunSignup website that links to registration, you will see your main site as the referral source.
  • 9. Examples of Sources in RaceInsights 9 Each conversion type on the previous slide can be attributed to a source like these:
  • 10. Types of Email Sources 10 Emails from the system: Emails sent from the RunSignup System will show up with the name of the email that it is tied to (both manual & automated emails) Emails from other races: Emails from a different race, club, or partner on RunSignup sends that leads to a view or registration. This includes emails who link to RunSignup, where the potential participant then uses the search function. Email Definitions for RaceInsights
  • 11. Custom Source Tracking 11 Custom source tracking allows you to create a unique link that you can use for specific marketing actions to track their results. RaceInsights will then show that specific source and the registrations, transactions, donations, and page views from that marketing action. Promotion -> Source Tracking -> Source Tracking Codes
  • 12. Custom Source Tracking 12 Use Custom Source Tracking Links for: ❖ Facebook ads ❖ Email sends not from RunSignup ❖ Email blasts from outside groups like a marketing agency or a local gym ❖ Add dollar amounts for the campaign to track the ROI of specific actions
  • 13. Get Started: Set Your Goals 13 Decide what KPI’s (Key Performance Indicators) will demonstrate success in your campaign. Common goals for races include: ❖ More website visits ❖ More registrations ❖ More transaction dollars ❖ More donations ❖ Less money spent on marketing ❖ Less time spent on marketing You have to understand your goals to evaluate your success
  • 14. Track Your Marketing Activity 14 Track ALL marketing activities on a central calendar so you can connect actions to swings in your conversions. These actions include: ❖ Facebook ads ❖ Email sends ❖ Coupon code shares ❖ Special events ❖ Price increases ❖ Instagram campaigns ❖ Media ❖ Race ambassador actions
  • 17. Take Action with Transaction Reports 17 ❖ Use your previous year’s data to understand the impact of price increases and marketing activities ❖ Compare your curve to the average ❖ Test out marketing in slow vs. heavy registration periods to see what has the biggest impact
  • 19. Loyalty: Repeat Participants 19 The graphics are pretty, but it’s those buttons at the bottom that are actionable.
  • 21. “18% of participants return to a race in the subsequent year
  • 22. Marketing to Non-Returning Participants 22 ❖ Email to remind participants to return - include pictures and references to previous events to remind them how much fun it is! ❖ Create a Facebook Custom Audience ➢ Create an ad with pictures of the previous years to target non- returning runners ➢ Create a Lookalike Audience for all previous participants to find new runners to replace non-returners.
  • 23. 23 Facebook Custom Audiences allow you to target ads at specific people on a or to create Lookalike Audiences of people with similar characteristics to those on your list. ❖ Custom Audiences can take into account a person’s Lifetime Value (LTV) ❖ Custom Audience Reports can be downloaded at Promotion -> Facebook Custom Audiences ❖ You can also create Custom Audience Reports with more filters in CRM Facebook Custom Audiences
  • 24. Marketing to Repeat Participants 24 ❖ Emails to repeat participants: include encouragement to invite friends and family ❖ Create a Facebook Custom Audience for a targeted ad ❖ Create a Loyalty Program (details ahead) ❖ Promote a Referral Rewards Program (details ahead)
  • 25. Creating a Loyalty Program 25 A Loyalty Program opens registration to priority registrants before the general public. You can create a Loyalty Program of previous participants to reward them for their participation and make them feel valued. Race -> Registration -> Loyalty Program ❖ Makes returning participants feel special and encourages them to lock in registration early ❖ Motivates others to register so that they can access early registration in subsequent years ❖ A small discount or loyalty-only swag can create extra motivation in a Loyalty Program
  • 27. 27 Referral Report Promotion, Referrals Report. ROI is Return on Investment and is calculated: Net profit/Investment
  • 28. 28 Referrals allow you to generate codes for participants and track the registrations they refer. You can use rewards - automated refunds, swag, or a combination of the two - to encourage referrals. Example: Example: ❖ $75 Registration ❖ $20 Refund for 5 Referrals ($20 refund vs. $375 in registrations) ❖ Full Refund for 15 Referrals ($75 refund vs. $1,125 in registrations) ❖ Premium Jacket ($60) for 20 Referrals ($135 for $1,500 in registrations) Creating a Referral Program
  • 29. 29 Low Completion Rate ❖ While many participants will refer someone, most will not reach the threshold for a reward ❖ You’ll owe a refund for 5 referrals...but if they refer 1-4, that’s still valuable to you, with no refund owed Why Referral Rewards Works High Loyalty Rate ❖ The participants that DO make the effort to refer enough participants to earn a reward are valuable assets. By rewarding them, you make them feel more connected and loyal to your race
  • 30. 30 Referral Rewards Results 13 Registrations for every refund (when referral rewards are enabled)
  • 33. 33 Coupon usage is ballooning. Make sure you aren’t over-discounting your event: ❖ Set time limits on coupons to make them stronger calls to action. ❖ Pre-set your coupon plan ahead of time and stick to it. Getting the Most Out of Coupons Watch the ROI. If it’s falling, you may be over-using coupons.
  • 35. 35 Demographic Reports Available Reports: ❖ Registrations by Age ❖ Registrations by Gender ❖ Registrations by City ❖ Registrations by State ❖ Registrations by Country ❖ Participant Heat Map
  • 36. 36 Demographic Reports: Age & Gender Compare your demographic reports to the national averages.
  • 37. 37 Gender ❖ Women are still a majority of participants. Include them in your advertisements, and offer gender-specific sizing to make women feel welcome. Take Action with Demographics Age ❖ Boost your margins with a kids race, age-based pricing, and an emphasis on age group awards and a Master’s Division. ❖ Mix up your advertising to reach different groups - social media and FOMO are key for Millenials & GenXers.
  • 39. 39 Demographic Reports: Location The “Download CSV” on the Participant Heat Map gives you a view of everyone’s zip code.
  • 40. Take Action With Location 40 ❖ Target advertising to hot spot zip codes ❖ Reach out to running clubs and make connections with community leaders in under-represented. ❖ Try targeting a new zip code beyond your current reach to test if it’s worth expanding your advertising
  • 42. 42 Registration Reports Available Reports: ❖ Giveaways ❖ Question Responses ❖ Registration Periods ❖ Revenue by Event ❖ Imported Registrations ❖ Day of Week ❖ Time of Day ❖ Registrations per Day
  • 43. 43 Take Action with Registration Periods ❖ Decide: do you prioritize early registrations or maximizing your registration dollars? ❖ Try adding or adjusting price increases to shift your revenue and registration curve.
  • 44. 44 Take Action with Revenue By Event ❖ Compare your revenue by event to your expenses (and time) per event ❖ Adjust your pricing if there is a misalignment of cost and revenue, or consider changing your event options
  • 45. 45 Take Action with When Runners Register ❖ Target emails to peak days and times. ❖ Schedule coupon code releases and special promotions when participants are most active ❖ Run Facebook ads when runners are most likely to register
  • 47. 47 RaceInsights in CRM Source Insight Data is Now Available in your CRM ❖ No historical data, so moving forward from 9/24/2019 ❖ Filter participants, fundraisers, donors, and club members by source - either a custom source (from a tracking link) or from a link including a work (like Facebook or RunSignup)
  • 48. 48 Take Action with RaceInsights in CRM ❖ Use a Facebook custom ad to target participants who came to any of your races from Facebook ❖ Send an extra email to participants who came from an email send ❖ Send a personalized invitation to register and a coupon to anyone who joined from a specific affiliate link (like a local gym or running club)
  • 50. 50 Build a Complete Picture of Marketing Performance Challenges: This large race wanted to: ❖ Allocate marketing spend effectively ❖ Do A/B testing on segmented email audiences to test the relative success of types of email layouts and conversions ❖ Target participants who register on Facebook with Facebook ads about their referral program
  • 52. 52 Follow-Up Steps From this setup, the race: ❖ Compared the results on emails to determine their future email styles and calls to action ❖ Used comparative success of Facebook, Instagram, and Twitter to determine how much marketing money to put towards each ❖ Used the CRM to build a list of registrants from social media, and created targeted ads around referral rewards, as well as creating a Lookalike Audience to target.
  • 53. Thanks! Any questions? You can find me at: johanna@runsignup.com andrew@runsignup.com 53