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Web Analytics: Moving The ROI Meter
Wednesday, April 20, 2016 - 2:30 - 4:15 PM
1
Presented by John Thyfault
• Vice President, Search Engine & Social Media Marketing,
Beasley Direct Marketing, Inc.
• Instructor, UC Santa Cruz Silcon Valley Extension and
Online Marketing Institute
• Instructor, The Direct Marketing Association
Workshop Agenda
!Digging Into Data
!High Level Targeting
!Targeting The Right Customer With Ad Extensions
!Shared Libraries - Account Wide Tools
!Shopping & Remarketing Campaigns
!Landing Pages and User Profiles
!Final Notes
3
About The Instructor
John Thyfault
Vice President, Search Engine & Social Media Marketing
Beasley Direct Marketing
John Thyfault has more than 20 years of marketing, sales and product development
experience. His knowledge of search engine optimization (SEO), pay per click (PPC) marketing
and social media marketing, combined with an in-depth understanding of customer
identification, market analysis and segmentation, allows him to deliver high returns on client
marketing investment.
Prior to working with Beasley Direct, John was Senior Client Services Project Director at
ThirdAge.com, a first wave baby boomer lifestyle and community website. At ThirdAge he
successfully led major client sponsorships for Tylenol, American Century, Intel, IBM, and
Revlon.
John has led workshops for the Silicon Valley American Marketing Association, the Direct
Marketing Association in Northern and Southern California and the Business Marketing
Association. He also teaches Search Engine Marketing at University of California, Santa Cruz,
Extension in Silicon Valley and is currently leading day long seminars as part of the Online
Marketing Summit's 2011 International Tour.
4
About Beasley Direct Marketing
Beasley Direct Marketing, Inc. provides copywriting,
design, programming, and consulting services for the
following direct marketing channels:
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Workshop Overview
•Understanding what you want your site to accomplish
and the multiple goals that result from this
•Setting up basic web analytics tracking
•Setting up PPC/display tracking
•Email tracking
•Setting up social media tracking
•Custom Reports in Google Analytics
•Understanding the conversion path through numbers
•Conclusions
6
What Do You Want Your Site To Do?
Before starting any sort of online marketing project
you need to understand what the end goal of you
site is:
•Sales
•Leads
•Information/Education
•Awareness
7
What Do You Want Your Site To Do?
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8
Cross Channel Marketing Support
•Remember that each marketing channel exists in a
larger universe
•One channel will influence your success in other
channels
•Email drives search, broadcast influences email,
print drives direct traffic, social influences all
channels
9
Web Analytics 101:
The ROI Meter
•Web reporting vs. web analytics
•Data without action is just noise
•Use the data for analysis that will generate actions
•Share the data, lessons learned and propose
actions
10
Google Analytics Overview
11
Google Analytics Advertising
!=!=
12
Google Analytics Sources
13
Google Analytics - Search
14
Google Analytics - Social
15
Google Analytics Visitor Flow
16
Google Analytics Performance
17
Google Analytics - Location
18
Google Analytics - In Page Analytics
19
Google Analytics - In Page Analytics
20
Google Analytics - Devices
21
Basic Website Metrics
•Unique visits
•Unique visitors
•Unique page views
•Time on site
•Traffic sources
•Keywords, ads or conversation that drove the click
•Site Interactions
•Device type (desktop, laptop, tablet, smartphone
22
Basic Website Metrics
•Click Stream (how the user goes through the site)
•Revenue
•Goal/conversion completion
•Site value
•All of the above when looking at pages as well as sites
23
Setting Up Tracking
If you’re not tracking, you are wasting your time &
your money
•Some top web analytic vendors
•Google Analytics – free and premium versions
•Webtrends
•Adobe Marketing Cloud (Omniture Site Catalyst)
•IBM CoreMetrics/Unica
24
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25
Fortune 500 Web Analytics Package
Usage
Setting Up Tracking
Display Advertising
•Most ad networks will have an in-house solution
•Most will also accept 3rd party tracking:
•DART
•Accqusio
•AdServer
•24/7 Real Media
•Etc. etc., etc
26
Display advertising key metrics
Setting Tracking
• Cost per 1000 impressions (CPM)
• Click through rate (CTR)
• Audience reach (off site)
• Cost per conversion/acquisition (CPA)
• Metrics by audience segment
• Metrics by publisher site
• Metrics by campaign
• Metrics by creative
• Landing page metrics
27
Setting Up Tracking
Pay Per Click (PPC) Tracking Solutions
•Marin Software
•Kenshoo
•DoubleClick For Search
•Efficient Frontier
•iCrossing
•Did-it!
•Most web analytics packages have PPC modules
28
PPC Advertising Metrics
•Ad effectiveness
•Keyword effectiveness
•Ad Group effectiveness
•Campaign effectiveness
•Landing page effectiveness
•Segment effectiveness
•Return on ad spend
•Cost per conversion
•Exit points, shopping cart abandonments, incomplete
forms
29
Social Media Tracking
Some Top Tools
•Radian6
•Lithium
•NetBase
•HootSuite
•SocialMention
•RavenTools
•Klout
•Facebook Insights
30
Email Tracking Metrics –
ESP Based
31
What to Track?
•Conversion to Sale, Quote, Registration
•Lead Forms for Offers
•Time to Conversion
•Landing Page Effectiveness
•Keyword Effectiveness
32
Setting Up A Custom Report
In Google Analytics
! Sometimes the canned reports don’t give you the data
you want in one place
! You can set up a custom report or import a shared
custom report from another
! Some sites that have good report templates
! http://analytics.blogspot.com/2014/02/8-custom-reports-from-google-analytics.html
! https://econsultancy.com/blog/62271-10-valuable-google-analytics-custom-
reports-2#i.appek9oincz1x7
! http://www.kaushik.net/avinash/best-downloadable-custom-web-analytics-reports/
33
Setting Up A Custom Report In Google
Analytics
34
35
Setting Up A Custom Report In Google
Analytics
36
Setting Up A Custom Report In Google
Analytics
3636
Regular Expressions - The Power Users
Keys To Tuning The Engine
• Understand the power of Regular Expressions -
regex
• A language you can use to tell the GA interface
how to capture and combine data
• http://regexlib.com/CheatSheet.aspx?
AspxAutoDetectCookieSupport=1
• http://moz.com/blog/an-seos-guide-to-regex
37
Social Media Metrics
•Share of voice
•Sentiment
•Awareness
•Engagement
•Influence
•Business Metrics
38
It’s All About The Numbers
•No one number ever exists in a vacuum
•There is a conversion pathway that surrounds every
metric
•Decide what you want the site to accomplish, your
conversion
•Define how the conversion is measured
•Sale, lead form, site registration, catalog request, time on site,
pages visited, page value
•Figure out how much that conversion is worth to you
•Lifetime value, average sale, etc.
39
It’s All About The Numbers
•Work your way backward to get a number of visitors
needed to meet your conversion goal and an
acceptable cost per visitor
•Key Metrics
•Cost per click (CPC)
•Cost per thousand impressions (CPM)
•Cost per visitor
•Click through rate (CTR)
40
Some Basic Formulas
•Key Metrics
•Conversion rate and its children
– Cost per Sale (CPS)
– Cost Per Lead (CPL)
– Cost Per Acquisition (CPA)
41
Some Basic Formulas
•Cost Per Click (CPC)
•Total cost/number of clicks
•Cost per thousand impressions
•The cost per 1000 impressions (displays) of your ad
•You can have more than one impression per pageview
42
Some Basic Formulas
•Click Through Rate (CTR)
•Clicks/ad impressions
•Conversion Rate (CR)
•Conversions/Visitors
•45 conversions on a page visited by 325 users = 13.84%
conversion rate
43
More Formulas
•Cost Per Acquisition (CPA)
•CPC / conversion rate
•$2 cpc / 8 % conversion rate = $25 CPA, i.e. each
sale/acquisition costs $25
44
More Formulas
Return on Ad Spend (ROAS)
•Total sales/total ad spend
• $500,000 is sales / $70,000 in ad spend = 714% ROAS
(This is a gross margin number)
• $500,000 in gross revenue - $400,000 in cost of goods sold
= $100,000 in net revenue / $70,000 in spend = 1.42%
NM-ROAS
45
What’s An Acceptable Cost Per
Lead/Sale & Why Do I Care?
It all starts with the question:
“What is a lead/sale worth to my company and
what is share of that is profit versus costs of goods
being sold(COGS)?”
46
•An first quality lead for a software company on
average generates $70 in revenue
•The COGS (cost of goods sold) is $40
•$30 dollars is left as potential profit.
•The company has a profit target of 15%, so $10.50
of the profit ($30 * .15) is set aside
•The remaining $19.50 as your acceptable
maximum cost per lead.
47
What’s An Acceptable Cost Per
Lead/Sale & Why Do I Care?
•The $19.50 acceptable cost per lead informs your cost
per click/cost per thousand.
•Use historical or industry benchmarks for your
conversion percentages.
48
What’s An Acceptable Cost Per
Lead/Sale & Why Do I Care?
•Work the pathway from cost per sale through
conversions to cost per click
•The landing page has an assumed 5% conversion rate (1 in
20 visitors fills out the form)
•Multiply your conversion rate times your acceptable cost per
lead
•$19.50 * 5% = $0.98 CPC
•Your acceptable CPC to remain on target is less than or
equal to an average CPC of $0.98
•Figure out how many leads you can capture based on
your budget and the average CPC and CPL
49
What’s An Acceptable Cost Per
Lead/Sale & Why Do I Care?
Goal Setting & Tracking
Conclusions
•Understand the multiple influences that will affect your
site traffic and goals
•Remember the difference between web reporting vs. web
analytics
•Use the data gathered for analysis that generates
actions
•Share the data and proposes actions as stories with your
team and not as dry points of data
•Always look at the data in light of your original goals
50
Optimize Your Landing Pages With
This Guide
• Optimize your landing pages with this 10-page,
hands-on guide offering tips on:
–Design
–Personalization
–Offers
–Usability
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51
Learn How to Optimize Your Emails
Learn how to optimize your emails for delivery
through spam filters and for consistency across
email browsers in this handy guide. Learn how to:
– Get your email around spam filters
– Make your email look consistent across
browsers
– Optimize your design for blocked images and
preview pane
=>?2@@AAABC',1-'.D;#'0$B0":@H:,;-F+%8;$F3%;8'B=$:-
52
New Guide on
Multichannel Marketing
Hot off the press, this new guide offers tips on how to
save money and optimize effectiveness
=>?2@@AAABC',1-'.D;#'0$B0":@I%-/FJ=,&&'-FI,#K'/&4
53
Thank You!!
John Thyfault
Beasley Direct Marketing, Inc.
http://www.beasleydirect.com/search_marketing.html
jthyfault@beasleydirect.com
650-323-1881
@JohnThyfault
54

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Web Analytics - Direct Marketing Association NorCal 042016

  • 1. Web Analytics: Moving The ROI Meter Wednesday, April 20, 2016 - 2:30 - 4:15 PM 1 Presented by John Thyfault • Vice President, Search Engine & Social Media Marketing, Beasley Direct Marketing, Inc. • Instructor, UC Santa Cruz Silcon Valley Extension and Online Marketing Institute • Instructor, The Direct Marketing Association
  • 2. Workshop Agenda !Digging Into Data !High Level Targeting !Targeting The Right Customer With Ad Extensions !Shared Libraries - Account Wide Tools !Shopping & Remarketing Campaigns !Landing Pages and User Profiles !Final Notes 3 About The Instructor John Thyfault Vice President, Search Engine & Social Media Marketing Beasley Direct Marketing John Thyfault has more than 20 years of marketing, sales and product development experience. His knowledge of search engine optimization (SEO), pay per click (PPC) marketing and social media marketing, combined with an in-depth understanding of customer identification, market analysis and segmentation, allows him to deliver high returns on client marketing investment. Prior to working with Beasley Direct, John was Senior Client Services Project Director at ThirdAge.com, a first wave baby boomer lifestyle and community website. At ThirdAge he successfully led major client sponsorships for Tylenol, American Century, Intel, IBM, and Revlon. John has led workshops for the Silicon Valley American Marketing Association, the Direct Marketing Association in Northern and Southern California and the Business Marketing Association. He also teaches Search Engine Marketing at University of California, Santa Cruz, Extension in Silicon Valley and is currently leading day long seminars as part of the Online Marketing Summit's 2011 International Tour. 4
  • 3. About Beasley Direct Marketing Beasley Direct Marketing, Inc. provides copywriting, design, programming, and consulting services for the following direct marketing channels: • !"#$%&'())*'#+,'!-./' • -0#12'*$"#34"5'6"718+5'6"214"$#9121:;'<=,1:75' #+,'>$?#,%#7:' • 61$"%:'0#12'(@1:&'#+,'@1:&?=:')ABC7/' • C#+,1+8')#8"'6"718+'(@1:&'#+,'@1:&?=:' )ABC7/' • D?912"' • E1,"?' • !?%1#2'' • F"971:"'6"718+' • *#:#2?8G"*?00"$%"' • >$?%&=$"5'F&1:"')#H"$5'#+,'I=1,"'%?H;'#+,' ,"718+' • C17:'>=12,1+8'#+,'*BD'6#:#9#7"' D#+#8"0"+:' • J"2"0#$K"3+8' • J$#+72#3?+'L?$'#22'?L':&"'#9?4"' • -M"%=34"'6#7&9?#$,'J$#%K1+85'B"H?$3+85' #+,'C"#,'<7718+0"+:'' 5 Workshop Overview •Understanding what you want your site to accomplish and the multiple goals that result from this •Setting up basic web analytics tracking •Setting up PPC/display tracking •Email tracking •Setting up social media tracking •Custom Reports in Google Analytics •Understanding the conversion path through numbers •Conclusions 6
  • 4. What Do You Want Your Site To Do? Before starting any sort of online marketing project you need to understand what the end goal of you site is: •Sales •Leads •Information/Education •Awareness 7 What Do You Want Your Site To Do? •!1:"'%#+'&#4"'0=23H2"'8?#27'L?$'0=23H2"' #=,1"+%"7 •A+,"$7:#+,'@&"$"';?=$':#$8":'#=,1"+%"'L?$' "#%&'8?#2'L#227'1+':&"'9=;1+8'%;%2" 8
  • 5. Cross Channel Marketing Support •Remember that each marketing channel exists in a larger universe •One channel will influence your success in other channels •Email drives search, broadcast influences email, print drives direct traffic, social influences all channels 9 Web Analytics 101: The ROI Meter •Web reporting vs. web analytics •Data without action is just noise •Use the data for analysis that will generate actions •Share the data, lessons learned and propose actions 10
  • 6. Google Analytics Overview 11 Google Analytics Advertising !=!= 12
  • 7. Google Analytics Sources 13 Google Analytics - Search 14
  • 8. Google Analytics - Social 15 Google Analytics Visitor Flow 16
  • 9. Google Analytics Performance 17 Google Analytics - Location 18
  • 10. Google Analytics - In Page Analytics 19 Google Analytics - In Page Analytics 20
  • 11. Google Analytics - Devices 21 Basic Website Metrics •Unique visits •Unique visitors •Unique page views •Time on site •Traffic sources •Keywords, ads or conversation that drove the click •Site Interactions •Device type (desktop, laptop, tablet, smartphone 22
  • 12. Basic Website Metrics •Click Stream (how the user goes through the site) •Revenue •Goal/conversion completion •Site value •All of the above when looking at pages as well as sites 23 Setting Up Tracking If you’re not tracking, you are wasting your time & your money •Some top web analytic vendors •Google Analytics – free and premium versions •Webtrends •Adobe Marketing Cloud (Omniture Site Catalyst) •IBM CoreMetrics/Unica 24
  • 13. !"#$%&'()**(+&,-./012(3""4-'(5'67#'&81(9#(9:&;$%#'<(NOGPOGPP':?'NOGQQGPP &RHSGG92?8T0#$KU:T%?0GQNPPGPNGNQGL?$:=+"VWNNV#+#2;3%7V8??82"V@"9:$"+,7V?$V?0+1:=$"G XY>D'*?$"D":$1%7'#+,'#%Z=1$",'A+1%#'1+'QNPN 25 Fortune 500 Web Analytics Package Usage Setting Up Tracking Display Advertising •Most ad networks will have an in-house solution •Most will also accept 3rd party tracking: •DART •Accqusio •AdServer •24/7 Real Media •Etc. etc., etc 26
  • 14. Display advertising key metrics Setting Tracking • Cost per 1000 impressions (CPM) • Click through rate (CTR) • Audience reach (off site) • Cost per conversion/acquisition (CPA) • Metrics by audience segment • Metrics by publisher site • Metrics by campaign • Metrics by creative • Landing page metrics 27 Setting Up Tracking Pay Per Click (PPC) Tracking Solutions •Marin Software •Kenshoo •DoubleClick For Search •Efficient Frontier •iCrossing •Did-it! •Most web analytics packages have PPC modules 28
  • 15. PPC Advertising Metrics •Ad effectiveness •Keyword effectiveness •Ad Group effectiveness •Campaign effectiveness •Landing page effectiveness •Segment effectiveness •Return on ad spend •Cost per conversion •Exit points, shopping cart abandonments, incomplete forms 29 Social Media Tracking Some Top Tools •Radian6 •Lithium •NetBase •HootSuite •SocialMention •RavenTools •Klout •Facebook Insights 30
  • 16. Email Tracking Metrics – ESP Based 31 What to Track? •Conversion to Sale, Quote, Registration •Lead Forms for Offers •Time to Conversion •Landing Page Effectiveness •Keyword Effectiveness 32
  • 17. Setting Up A Custom Report In Google Analytics ! Sometimes the canned reports don’t give you the data you want in one place ! You can set up a custom report or import a shared custom report from another ! Some sites that have good report templates ! http://analytics.blogspot.com/2014/02/8-custom-reports-from-google-analytics.html ! https://econsultancy.com/blog/62271-10-valuable-google-analytics-custom- reports-2#i.appek9oincz1x7 ! http://www.kaushik.net/avinash/best-downloadable-custom-web-analytics-reports/ 33 Setting Up A Custom Report In Google Analytics 34
  • 18. 35 Setting Up A Custom Report In Google Analytics 36 Setting Up A Custom Report In Google Analytics 3636
  • 19. Regular Expressions - The Power Users Keys To Tuning The Engine • Understand the power of Regular Expressions - regex • A language you can use to tell the GA interface how to capture and combine data • http://regexlib.com/CheatSheet.aspx? AspxAutoDetectCookieSupport=1 • http://moz.com/blog/an-seos-guide-to-regex 37 Social Media Metrics •Share of voice •Sentiment •Awareness •Engagement •Influence •Business Metrics 38
  • 20. It’s All About The Numbers •No one number ever exists in a vacuum •There is a conversion pathway that surrounds every metric •Decide what you want the site to accomplish, your conversion •Define how the conversion is measured •Sale, lead form, site registration, catalog request, time on site, pages visited, page value •Figure out how much that conversion is worth to you •Lifetime value, average sale, etc. 39 It’s All About The Numbers •Work your way backward to get a number of visitors needed to meet your conversion goal and an acceptable cost per visitor •Key Metrics •Cost per click (CPC) •Cost per thousand impressions (CPM) •Cost per visitor •Click through rate (CTR) 40
  • 21. Some Basic Formulas •Key Metrics •Conversion rate and its children – Cost per Sale (CPS) – Cost Per Lead (CPL) – Cost Per Acquisition (CPA) 41 Some Basic Formulas •Cost Per Click (CPC) •Total cost/number of clicks •Cost per thousand impressions •The cost per 1000 impressions (displays) of your ad •You can have more than one impression per pageview 42
  • 22. Some Basic Formulas •Click Through Rate (CTR) •Clicks/ad impressions •Conversion Rate (CR) •Conversions/Visitors •45 conversions on a page visited by 325 users = 13.84% conversion rate 43 More Formulas •Cost Per Acquisition (CPA) •CPC / conversion rate •$2 cpc / 8 % conversion rate = $25 CPA, i.e. each sale/acquisition costs $25 44
  • 23. More Formulas Return on Ad Spend (ROAS) •Total sales/total ad spend • $500,000 is sales / $70,000 in ad spend = 714% ROAS (This is a gross margin number) • $500,000 in gross revenue - $400,000 in cost of goods sold = $100,000 in net revenue / $70,000 in spend = 1.42% NM-ROAS 45 What’s An Acceptable Cost Per Lead/Sale & Why Do I Care? It all starts with the question: “What is a lead/sale worth to my company and what is share of that is profit versus costs of goods being sold(COGS)?” 46
  • 24. •An first quality lead for a software company on average generates $70 in revenue •The COGS (cost of goods sold) is $40 •$30 dollars is left as potential profit. •The company has a profit target of 15%, so $10.50 of the profit ($30 * .15) is set aside •The remaining $19.50 as your acceptable maximum cost per lead. 47 What’s An Acceptable Cost Per Lead/Sale & Why Do I Care? •The $19.50 acceptable cost per lead informs your cost per click/cost per thousand. •Use historical or industry benchmarks for your conversion percentages. 48 What’s An Acceptable Cost Per Lead/Sale & Why Do I Care?
  • 25. •Work the pathway from cost per sale through conversions to cost per click •The landing page has an assumed 5% conversion rate (1 in 20 visitors fills out the form) •Multiply your conversion rate times your acceptable cost per lead •$19.50 * 5% = $0.98 CPC •Your acceptable CPC to remain on target is less than or equal to an average CPC of $0.98 •Figure out how many leads you can capture based on your budget and the average CPC and CPL 49 What’s An Acceptable Cost Per Lead/Sale & Why Do I Care? Goal Setting & Tracking Conclusions •Understand the multiple influences that will affect your site traffic and goals •Remember the difference between web reporting vs. web analytics •Use the data gathered for analysis that generates actions •Share the data and proposes actions as stories with your team and not as dry points of data •Always look at the data in light of your original goals 50
  • 26. Optimize Your Landing Pages With This Guide • Optimize your landing pages with this 10-page, hands-on guide offering tips on: –Design –Personalization –Offers –Usability =>?2@@AAABC',1-'.D;#'0$B0":@E,&8;&4FG,4'1F3%;8'B=$:- 51 Learn How to Optimize Your Emails Learn how to optimize your emails for delivery through spam filters and for consistency across email browsers in this handy guide. Learn how to: – Get your email around spam filters – Make your email look consistent across browsers – Optimize your design for blocked images and preview pane =>?2@@AAABC',1-'.D;#'0$B0":@H:,;-F+%8;$F3%;8'B=$:- 52
  • 27. New Guide on Multichannel Marketing Hot off the press, this new guide offers tips on how to save money and optimize effectiveness =>?2@@AAABC',1-'.D;#'0$B0":@I%-/FJ=,&&'-FI,#K'/&4 53 Thank You!! John Thyfault Beasley Direct Marketing, Inc. http://www.beasleydirect.com/search_marketing.html jthyfault@beasleydirect.com 650-323-1881 @JohnThyfault 54