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BUMPER
• Able to connect and browse the
internet via:
• PC, laptop, smart phone & tablet
• Spoken and written command of
English language
• Basic Mathematics i.e. percentages,
ratios
• Basic Finance i.e. cost, revenue,
profit, RoI, etc.
Prior Knowledge
Good to have general awareness
of:
• Online websites & Ecommerce
• JavaScript & basic scripting language
Prior Knowledge
Introduction to Web Analytics
INDEX
Strategy & Implementation
Measurement Model & KPIs
Data Coverage & Capture
Data Accuracy
Data Integration
INDEX
Reporting & Analysis
Interpretation of Reports / Analysis
Challenges & Opportunities
Topic 1
INTRODUCTION TO
WEB ANALYTICS
What is Web Analytics?
Why is it Useful?
Who uses Web Analytics?
TOPIC 1
Opening Example
Where do your visitors come
from?
Why are they visiting
your website?
What did they do on
your website?
Why are they leaving?
What did they
think of your
product or
site?
Would they
come back
again?
Did they browse
or purchase?
To measure actions to
understand business
performance
But when do these interactions
happen?
… before they reach your
website
PRE-SITE
… on your website
ON SITE
… after they leave your
website
POST SITE
So when do these interactions
happen?
PRE-SITE ON SITE POST SITE
- Did we attract the right visitors?
- What were they interested in?
- Would they return again?
Questions to Consider
PRE-SITE
Search Engine Based
Tracking of Visitors
ON SITE
Server Logs
or
Analytics Tools
POST SITE
Analytics Tools,
Cookie Tracking,
Email Communication
etc.
Why stitch all this information
together?
By measuring the health of
your online business,
you gain insights for
improvement!
Web Analytics is the science and art of
data collection, analysis and interpretation
into insights for achieving online business goals
How did people
learn about or
reach your site?
AWARENESS COMPARISON PURCHASE
Who are your
customers?
Essential building blocks
of a business strategy –
online or offline!
What is Web Analytics?
Why is it Useful?
Who uses Web Analytics?
TOPIC 1
OFFLINE ONLINE
Ongoing marketing
spends based on
aggregate level
information
Marketing spends
tracked on hourly
basis & changed
according to trends
OFFLINE ONLINE
Low visibility on
progress
Instant understanding
Of audience reach
and interest
OFFLINE ONLINE
Success determined
by peer review and
perceptions
Quantitative ROI
of campaigns
known
- Measures fast, in real-time
- Allows experimentation
- Identify true ROI
If we were in the online space …
What is Web Analytics?
Why is it Useful?
Who uses Web Analytics?
TOPIC 1
CUSTOMER
SUPPORT
OFFLINE
STORES
SALES &
MARKETING
IT
OPERATIONS PURCHASING
SENIOR
MANAGEMENT
FINANCE
Think about it!
Are you able to name one
Business Metric or Indicator
relevant to each function?
CUSTOMER
SUPPORT
OFFLINE
STORES
SALES &
MARKETING
IT
OPERATIONS PURCHASING
SENIOR
MANAGEMENT
FINANCE
Satisfaction
Revenue
& Brand
Online Data
Website ROI
Order Fallout
Budgeting
Inventory
Insights from Web Analytics
will be relevant across all
business functions!
RECAP
Analyzes website data of users
Uses different analytic tools
Benefits businesses
Thank You
INTRODUCTION TO
WEB ANALYTICS
Topic 2
Why Invest in Web
Analytics?
Choosing an Analytics Tool
Trade Offs
TOPIC 2:
Who are your internal
customers?
CUSTOMER
SUPPORT
OFFLINE
STORES
SALES &
MARKETING
IT
OPERATIONS PURCHASING
SENIOR
MANAGEMENT
FINANCE
Sales Customer
Support
Online
Marketing
How Web Analytics
helps Online Marketing
Demographics Psychographics
How Web Analytics
helps Sales
Conversion
Rate
Cost of
Acquisition
How Web Analytics
helps Customer Support
Repeat
Customers
Referrals
Sales Customer
Support
Online
Marketing
Useful to all business levels – from
line managers to investors!
Set Up / Ongoing Costs are low
Data Driven Approach to decisions
So Why Invest?
Immediate, positive returns on
investment
Understand your site monetization
VISITOR
YOUR SITE
YO
U
Backend
(Customer
Transactions)
Analytics Server
Can give information to companies about
the the value of their online businesses
&
how they compare with the competition
E Commerce Non E
Commerce
Category E Commerce
Website
Non E Commerce
Website
Content Product Description Content related to
author’s interest
Objective Selling the Product Provides information
to visitors
What would you want
to measure on a
Non E Commerce website?
What do you want to know?
Sample
Indicator
# of visits
/ visitors
Search
Terms
Recency /
Frequency
Where do they find your site?
How many people visit your site?
Intent of Visits
How often do they return?
How engaged are they?
Comments
Interest
Category
Bounce
Rate
Returns
/ Shares
/ Likes
When do they find my site?
Pages most viewed
Is my website relevant?
Do they like what they read?
Date
& Time
All of these could be
measured using a simple
tool like Google Analytics
Why Invest in Web
Analytics?
Choosing an Analytics
Tool
Trade Offs
TOPIC 2:
Predominantly free-to-use tools
Basic analysis and reporting
Low to No cost
Tools to start with!
Google Analytics (known as GA), is
the leader in this space!
Primarily free, it has sizable market
share – 51% in Fortune 500 and 55%
of Top 10,000 websites
Subscription Tools
 Covers larger sets of data
 Tracks data comprehensively
 More flexibility in Configuration, Analysis
and Reporting
 24/7 Support
Why Invest in Web
Analytics?
Choosing an Analytics Tool
Wins & Trade Offs
TOPIC 2:
Data collected
near real time
Reports are
based on
standard
templates
Easy to set up
and configure
Advantages
Free, even
professional
editionsCovers 80%
requirements,
including
business
actionablesIntegrates into 3rd
party business
apps
Advantages
Accuracy levels
are lower at high
trafficSample reports
provide trends,
not complete
analysis
Disadvantages
Tools differ in
Functionality & Features
- choose wisely!
RECAP
Why one should invest in
Web Analytics
What tools should you choose
based on needs
Trade offs to consider
Thank You
INTRODUCTION TO
WEB ANALYTICS
Topic 3
How Analytics Tools Work
Getting Started with a Tool
Understanding Data Reporting
TOPIC 3:
So how does data collection
work?
STEP 1
STEP 2
STEP 3
STEP 4
ALERT
!!!
Returning
Visitor
STEP 4
STEP 5
STEP 6
STEP 7
Analytics Tool
No programming background
required
Basic technical knowledge
sufficient!
How Analytics Tools Work
Getting Started with a Tool
Understanding Data Reporting
TOPIC 3:
How does Google Analytics do it?
Enables standard Tracking Scripts on your website
What does it do?
Allows your web site to send
basic traffic data to Google
Analytics Servers on a regular
basis
Enables standard Tracking Scripts on your website
How does Google Analytics do it?
How does it work?
It drops a cookie onto the
visitor’s device once they
reach your website
Enables standard Tracking Scripts on your website
How does Google Analytics do it?
www.google.com/an
alytics
So lets get started.
Create a non-
commerce
website for
yourself –
use
WordPress or
Blogger to
create a blog
site about
anything at
all!
STEP 1
Sign up for a free Web Analytics account with
any one free tool
STEP 2
Link your web property to
this Web Analytics
account
STEP 3
… and start seeing the magic!
STEP 4
Easy to understand by actual
hands-on learning
Start putting to use skills learnt right
away!
How Analytics Tools Work
Getting Started with a Tool
Understanding Data Reporting
TOPIC 3:
DIMENSION METRICS
Understanding Dimensions & Metrics
Dimensions Metrics
Describe Data Measure Data
It defines the
characteristic
of the data by giving it
a label and different
values can be ascribed
to this label
They are numerical
values that quantify or
describe a dimension,
and are individual
elements of a dimension.
DIMENSION METRICS
Understanding Dimensions & Metrics
Watch out!
Not All Metrics Map to a
Dimension
RECAP
How Analytics Tools Work
Getting Started with a Tool
Understanding Data Reporting
Thank You
Topic 1
INTRODUCTION TO
WEB ANALYTICS
INTRODUCTION TO
WEB ANALYTICS
Topic 4
Interpreting Reports
Moving from Data to Insight
Mindset of a Web Analyst
TOPIC 4:
DIMENSION METRICS
Understanding Dimensions & Metrics
How do we interpret
these trends?
How do we
interpret this?
Logical Context Business Context
Understand
which
dimensions and
metrics
combined
indicate a trend
Is the
interpretation
appropriate to
the business
context?
Both contexts are
relevant for complete
interpretation!
Bounce rate
Pages per visit
Time spent
Conversions
Returning
visitors
PERFORMANCE
METRICS
Bounce Rate is 45% - does that always mean
poor website engagement?
Consider these questions …
Should we use Bounce Rate only or a
combination of indicators?
Seasonality or better marketing campaigns?
Interpreting Data
Moving from Data to Insight
Mindset of a Web Analyst
TOPIC 4:
Categorising Data
Ecommerce
Visits
Cost Per Visit
Conversion Rate
# of Transactions
Cost / Transaction
Transaction Value
CRM data
Age
Gender
Location
First / Returning
Payment Type
Traffic
Organic
Referral
Ad Campaign
Landing Page
Bounce rate
Categorising Data
Marketing ROI
Channel
Medium
Campaign
Category
Customer
Segmentation
Age
Gender
Location
Profitability
Loyalty
0
1
2
3
4
5
6
We are not using Data Reporting as the
outcome of Web Analytics, although it is part of
Analytics.
While reports are vital, the business insights
generated are more valuable
These insights are actionable across all levels
of business
The ability to synthesize business insights from
Analytics Reports – defines the true capability of
Web Analysts
Do you agree?
Interpreting Data
Moving from Data to Insight
Mindset of a Web Analyst
TOPIC 4:
Who is a Web Analyst?
Perception
Need programming
background
Work in the trenches –
pour into server logs,
session data, API
integration, etc.
Reality
Useful, but no
programming skills
needed
Useful to know where
your data flows in from,
but not really part of the
job
Who is a Web Analyst?
Perception
Generate reports using
analytics & MS Office
tools daily, circulate to
relevant staff
More tool / analysis skills
than employer business /
industry knowledge
required
Reality
While reporting is
important, making sure
they are actionable is
vital
Knowing your employer’s
business and the industry
is critical
Who is a
Web
Analyst?
MEASURE REPORT
ANALYSEOPTIMIZE
RECAP
How to interpreting data
How insights from reports help improve site
monetization
Role of a Web Analysts
Thank You

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C1 t1,t2,t3,t4 complete

Notes de l'éditeur

  1. Opening Audio Intro to be recorded “Hi, this is Hari and welcome to Jigsaw Academy’s analytics training session. In this course, we’ll be introducing Web Analytics – a quick primer for online businesses. This program is particularly relevant for folks involved in Marketing, Sales, Customer Management and Strategy in the e-Commerce industry. The objective of the program is to provide you tools & methodologies that help quantify your business, tie this to various qualitative aspects and gain insights for short-term tactics and long-term strategy. After this program we hope that every decision you make, strategic or tactical, is driven by data & analysis – not just by intuition & perception. We hope you enjoy it. If you have any questions, do email us at info@jigsawacademy.com. Best of luck!”
  2. For this course, it is expected that students already have a working knowledge of: **Connecting personal Computers, Laptops, Smart Phones & Tablets to the internet and browsing websites online **Spoken & Written command of English language **Basic Mathematics – concepts like Percentages, Ratios **Basic Finance – concepts like Cost, Revenue, Profit, RoI, etc.  
  3. It would be good to have a general awareness of: - Online Websites & Ecommerce  - JavaScript & Basic Scripting language
  4. Opening Audio for Master Index to be recorded “This course will cover the following topics in detail: An introduction to web analytics, strategy and implementation, measurement model & KPIs, data coverage & capture, Data accuracy,
  5. Continued: Data integration; Reporting and analysis; Interpretation of reports and analysis; Challenges and opportunities.
  6. Opening Audio for Session & its Subtopics to be recorded Under this topic, we will be understanding what web analytics is, why it is useful and what its business uses are.
  7. So let’s start off with an attempt to define what web analytics is. Every online business exists to maximize business outcome – by attracting visitors to its site, engaging each Visitor’s intent with information and helping them make decisions favorable to the business. Analyzing these processes at a detailed level helps businesses improve their operations and make them more efficient. In many cases, this could mean the difference between success & failure – given the extreme competition among online companies. For example…these are some of the questions you would probably want to ask folks visiting your website…. Where do they come from? Why are they visiting? What did they do on your website – did they browse / purchase? Why are they leaving – did they shop? What do they think of your product / site? Now, why would you want to do this? Probably because these are absolutely critical questions for any business to ask – online or offline. The answers to these questions determine how well the business is performing and whether the business goals are being met.
  8. So essentially – to measure actions is to understand business performance
  9. But when do we know these interactions are happening? For that, its important to structure the context for an online visitor. Lets break it down in the next couple of slides.
  10. It all starts outside of the actual website in question, right? There are a set of interactions that happen outside the website, that result in bringing the visitor to your website – for example, clicking on your business ad, or a banner or a search result. This kind of interaction is called the pre-site visit.
  11. On landing at my website, they may read up multiple pages or submit a form or if all goes well, actually make a purchase. These are visitor actions that happen in my domain – that is under my oversight. These are On Site interactions.
  12. Once the visitor exits or leaves the site, they could take actions relevant to your business … like sending you an email, or sharing a review in other forums, etc. This could be partially on-site or completely outside of your website. This last type of interaction is called a Post Site Visit.
  13. To summarize – you can interact with your visitors at 3 different stages – the pre-site, the on-site and the post-site visits.
  14. So from this information, you would be able to ask relevant questions like … were they the right kind of visitors that you wanted? If you were selling motorcycle spare parts, and you had a primarily above 60 years and female visitor profile … you know there’s something very wrong! Or what interested them on your site? Were they going straightaway to a particular page – possibly a certain product, or the contact us page? And possibly the most important question of all – are they going to come back?
  15. Sophisticated data collection & analysis tools help you understand these interactions, without meeting or talking to any of these visitors in person. That’s the power of web analytics!
  16. One common technique is Search Engine based tracking of visitors in the Pre Visit or pre site segment. It basically refers to the tracking of relevant or key words entered in a search engine such as Google, Yahoo, Bing, or any others.
  17. For onsite interactions, Server Logs and many free and paid for analytics tools are available, which we will look at in the next topic.
  18. And lastly, post site data collection is done using analytics tools, cookie based follow, email communication based on customer information provided during the visit, etc.
  19. So by tying together all of this information from Pre-Visit, On Site and Post Visit together – you can now get a comprehensive understanding of the visitors to your site - their interests, actions and business outcomes. For example what percentage of visitors came to your site via an Ad campaign, how many stayed on and made a purchase and subsequently how many are likely to be retained as customers in the future. This helps you evaluate whether the Ad Campaign Budget was well spent.
  20. So by understanding where the gaps in your online business are, you understand where you can improve it, and then target increasing your revenues, or the number of visitors or whatever your website motive is.
  21. This science and art of data collection, analysis and interpretation into insights for achieving online business goals is known as Web Analytics. Now let’s look at some of the possible insights we could gain from web analytics.
  22. What are the most popular avenues for people to learn about and reach your website? Were they googling it? Did they like it on Facebook? Were they clicking on a particularly well-placed banner ad?
  23. What was the intent of these visitors? Did they come to your website to know more about your product or company – was it Awareness? Did they visit your site for a price check – i.e. to compare with competing products? Or did they actually intend to buy – was the intended action to purchase? Was your website able to meet all of these different visitor intents to their satisfaction – keep in mind, that all of the above are important – not just the purchase outcome?
  24. Another critical insight is Who your customers are. Can you define them by age, gender, location, profession, so that you can reach out to similar prospects? Were these customers satisfied with the experience on your website?
  25. Answers to these questions are the building blocks of any modern business – offline or online. As a profession, Web Analytics helps online businesses answer these questions, in an objective and reliable manner.
  26. Now lets try and understand what makes web analytics so relevant today. The best way to do this is to understand what the difference between offline and online marketing is.
  27. A couple of fundamental differences are: That Offline marketing relies on collected information on which they base their marketing spends whereas online marketing is extremely dynamic. You can change it according to trends and as per the demand.
  28. Online marketing offers visibility into real-time data that is easily available in the online world at low costs. Whereas in the offline world, it’s difficult to ‘see’ how your campaign is going.
  29. You can also imagine the real time controls over targeting, messaging & campaign management that online marketing offers. You know immediately how your campaign has performed – and it’s not perception or peer based. It’s based on data – and it gives you exact numbers and facts.
  30. Here is a simple example of how it plays out in the real world…Lets suppose that I run a regular store selling Televisions - I would now want to create awareness about my store, its location and the different brands & their prices that are available for sale. So I print brochures for distribution – say about 5000 in total – and start giving them away at about 100 a day. Now after two days I realize that After Sales Service is perceived more important than price and this was not emphasized in my brochure. Because of this change to my messaging, I need to junk my existing set of brochures and recreate new ones – adding to my costs.
  31. In the online world, if I had an ad campaign going for my Television store website, all I would need to do is edit my Ad on day 2 and continue my spend as before – my additional expenses are marginal compared to the offline situation. This ability to monitor and calibrate campaigns is made possible by web analytics tools & methods – which make them extremely important in online marketing optimization.
  32. Now let’s move onto the uses of web analytics in business. Although you may have gleaned a bit from the previous example we used, let’s look at it in a little more detail.
  33. Apart from Marketing, many other business functions depend on regular analytics reports for decision making…these could be: Sales Teams, along with Marketing functions IT & Website Operations CXO level Managers Finance teams Purchasing Managers Operations and Warehouse Teams Offline stores that belong to your company Customer Support Teams Can you think why many of these regular business functions would need to receive daily analytics reports for performing better?
  34. So let’s take another shot at the executives who would be interested in Metrics from Analytics Reports Sales & Marketing would want to know how their Brand is holding up and whether they are on plan to reach their sales numbers The Head of IT would be keenly following Uptime & Page load time data for the website – necessary to keep the store up and running smoothly Senior Management would want purchase trends across various Channels or Campaigns Finance would want to know the ROI on each campaign for planning and shifting budgets. The Purchasing team would want to know which products are selling faster – this helps them plan their inventory or re-stocking levels Operations would track customer complaints on non-delivery of products or services - and use this data to measure their performance. Offline Stores would be interested in online data of customers living in the same local region – this helps them estimate customer demand or preferences with this additional perspective Customer Support can track their performance in a transparent fashion – how soon are they responding to customer issues from the time of occurrence, and other such details.
  35. The interesting thing is that analytics data, even from a free tool like Google Analytics (which is low investment) would be sufficiently interesting for all of these functions – even to a Fortune 500 business organization.
  36. Closing Audio to be recorded Under this topic we have discussed in detail about How & why Web Analytics is useful How it is relatively better than tools available in the traditional business world And we have looked at Business Functions that cannot do without it and the various insights they derive from Analytics data. That’s it for this topic. For any queries, do email us at info@jigsawacademy.com Thanks!
  37. Opening Audio for Session & its Subtopics to be recorded Under this topic, we will be covering why one needs to invest in web analytics, how to choose a relevant analytics tool and some tradeoffs to consider.
  38. Firstly, who exactly are your most important internal customers?
  39. In the earlier session we saw many business functions that would depend on metrics and Indicators derived from Web Analytics Reports.
  40. In continuation with that, lets talk about some Analytics driven Business Indicators that are absolutely important for Online Marketing, Sales and Customer Support functions. Given the fact that Web Analytics involves collecting Visitor and Customer data directly and also at a very granular level, these three functions stand to gain the most from Web Analytics implementation.
  41. For example, Demographics and Psychographics are two important Marketing related indicators of Customers. Demographic attributes include Age, Gender and Location. Whereas Psychographics covers behavioral & lifestyle attributes like profession, hobbies, interests, etc. It’s possible to target prospects at these levels and gather this type of data about customers using highly sophisticated tracking and analytics tools.
  42. For Sales, the ability to convert Visitors into Customers i.e. Conversion Rate and the Costs of Acquiring a customer via multiple channels or the Acquisition Costs are important Indicators. This can determine the success or failure of any Sales organization. Although these are calculated metrics, they are reported on a near real-time basis by even free Web Analytics tools like Google Analytics.
  43. Customer Support Indicators like Repeat Customers and Referrals are indicators of long-term profitability and brand value of the business – not just Customer Satisfaction.
  44. So while in the earlier session we discovered useful web metrics by business function, we now see how important these metrics are across all levels of the organization – Line Managers, Staff Specialists, CXO level and even Investors. Web Analytics helps these users make decisions – tactical and strategic – in a data-driven fashion, making the business smart & efficient.
  45. Now, here is a business case for all online businesses to consider – why should I invest in a Web Analytics set-up? We have already seen the benefits of even rudimentary web data and analytics systems in the introductory session – the benefits are immediately actionable and cuts across all business functions. You’ll also realize that a lot of these reasons hold true and are applicable to businesses of all sizes – whether Fortune 500 companies or Start-Ups.
  46. So what does it take to set up a basic Web Analytics system – in terms of effort, Costs and ongoing maintenance? Turns out, not that much. Apart from your website with a back-end system, the only other requirement is to hook your application to a Web Analytics platform like Google Analytics – that have their own data servers & applications in the cloud. This takes less than an hour of set up and by the end of day 1, you’re ready with reports and business insights. Soon your business decisions can be driven by data and the results measured almost immediately – helping management calibrate their decisions better.
  47. The bottom-line is that even a basic Web Analytics set-up tells companies the monetary value of their online businesses and how well they compare with the rest of the industry – including immediate competitors – in terms of Brand, Customer Retention and Quality.
  48. Now let’s try and set the context for effective use of Web Analytics. Typically there are two kinds of websites – Websites that sell physical products & services – these sites typically have a shopping cart – we call them Ecommerce websites The other are Content Driven sites that provide information. For example – News or Information sites, we call these non-Ecommerce websites.
  49. Both these kinds of websites have a clear objective, and host content that is relevant to achieve those objectives. We have already seen earlier that Web Analytics is absolutely important for business focused websites. But can we agree that Web Analytics would be useful for the non-ecommerce category of website as well? Think a little bit about this.
  50. Let us review the Non-Ecommerce category here. Here are some of the metrics that you should be interested in, if you were managing an information website.
  51. Is your daily visitor count increasing? Are your visitor sources spread across the web? What is the motive behind their visits? What is the percentage who return after the first visit?
  52. What kind of pages interest them? Do they like what they are reading up on? How engaged are these visitors – do they spend more time on specific pages, do they leave comments, etc.? The above list is of immense value and if you are able to measure it, it will provide information and identify gaps for the next 3 months that you need to work on. What we can now agree on is that simple Web Analytics implementation would provide insights for improving site performance – be it small or large businesses, commercial or content driven sites.
  53. So as a practitioner you can get hands-on with these tools, by just setting up a 4-5 page website, promoting its content and then measuring its performance. The learning you gain from this would be applicable to a business environment as well. The first step is to get hands-on with an online analytics tool. This can be a simple & free tool like Google analytics.
  54. Let us now take a brief look at different analytics tools.
  55. Choosing a tool to learn analytics is easy – there are couple of basic check boxes here. Firstly, look out for Cost – it could be Free, Subscription or One Time Next, Functionality - Comprehensive Data, Reporting & Integration There is a wide choice of free tools available – from established players to open source developers. All of them can provide enough information to keep business functions busy for the first 6 months – even with the basic set-up. These tools are a great way to get hands-on with data and start analysis – at a low cost and a zero learning curve. These are some of the tools that are available for use.
  56. Google Analytics is one tool popular across the spectrum – its free, versatile, easy to set-up and easy to use. This is a good tool to go with, for beginners and self-learners.
  57. If you are working with larger companies that already have basic analytics in place and need to scale your analytics processes for better coverage, accuracy and support – licensed versions of enterprise class analytics tools are also available. These offer : additional coverage of data i.e. Dimension and Metrics in their reporting Comprehensive data capture by limiting data loss Reports are customizable, allows use of calculated metrics, it also integrates into other IT / Engineering systems And Vendor support There are established vendors in this space who provide license web analytics software – including IBM, Adobe and Google. The choice between a free version and paid for version comes down to how mature analytics is as a process within your company, apart from budgeting and other constraints.
  58. Finally, we’ll take a look at the trade-offs when using Analytics tools.
  59. The advantages of using analytics tools are fairly obvious. As with many automated tools, data collection and reporting is near real-time. Reports are much closer to business needs as opposed to server logs – Server logs need to be cleaned not only for data but also re-labeled for meaningful reporting. It is fairly easy to configure and set up an analytics tool – it could be within a day. It does requires some IT involvement, but not significantly.
  60. Most of these tools are available for free and meet more than 80% of the business needs, for the first 6 -12 months. All these free versions also integrate into back-end databases, CRM tools and Business Intelligence tools easily, making them very useful.
  61. Of course, there are some pressure points as well. Some of the disadvantages include: Loss of accuracy especially at higher volumes due to data loss, capture techniques, etc. Sometimes Reporting is done using sampled data and is good for trend-spotting rather than granular level analysis. However these are not serious issues, especially for businesses that are accustomed to data related complaints. Our ability to understand the context and interpretation would compensate greatly for the loss of accuracy and help business managers take better decisions.
  62. Remember to choose your analytics tool wisely, taking into account what you wish to gain from it.
  63. Closing Audio to be recorded Under this topic we have discussed in detail about: Why investing in web analytics is useful; What tools to use based on one’s personal and/or business needs; And some tradeoffs to be considered when using web analytics tools. We have now come to the end of this topic. For any queries, do email us at info@jigsawacademy.com Thanks!
  64. Opening Audio for Session & its Subtopics to be recorded “Under this topic, we will be understanding how analytics tools work, we will get started using one, and also look at what data reporting is.
  65. So how does data collection work?
  66. Let’s start the process right at home by using the Jigsaw Academy website. Lets quickly review a typical data capture sequence for a visitor reaching the website. Step 1: They search for the company name – Jigsaw Academy – in a search engine. If the website is fairly popular – hopefully ours is! - it would show up in the organic search results.
  67. Step 2: The visitor now clicks on the link to reach the company website.
  68. Step 3: An interesting thing happens here. Since the website has already implemented Google Analytics as its Web Analytics tool, a tracking script is already in place, on every page of the website. So regardless of which page of the site the visitor enters from, the visit is noticed and a tracking cookie is placed on the Visitor’s device. Clearly not that kind of cookie, but I’m sure you know that!
  69. Step 4: This cookie would now be a unique identifier of this visitor – and would identify this person as a returning visitor when he / she visits a week later – regardless of the source they use to return from. For example, even if they had bookmarked the website URL and return later, He or She would be identified as a returning visitor.
  70. Step 5: Apart from the cookie part, the tracking script also monitors all the visitor actions on the website – including pages visited, time on each page, navigation, exit pages, form fills, etc.
  71. Step 6: All of this is captured and sent to Data Servers hosted by Google where they are stored for Reporting and Analysis.
  72. Step 7: The Analytics module is available over the web and you can also access reports all of the visitor and website related data in pre-defined templates.
  73. So as you can see, a lot of the actual number crunching is done by your analytics tool. The knowledge and skills required to get this entire set-up going is pretty basic – from a technology and programming perspective.
  74. Because of the ease of use, and since only limited tech know-how is required, even a beginner should be able to get this done, with the help of some product documentation.
  75. Now let’s move on to actually using a web analytics tool – in this case, we’re going to use Google although the basic application is pretty similar – whichever you choose.
  76. Using Google Analytics as the reference tool, it’s important to emphasize that the most important part is the JavaScript snippet that is placed on all pages of the website. This code is already written in standard form and does not require any programming skills to implement. So don’t panic!
  77. This snippet allows sharing of data from the live website to Analytics servers that store and process the data for reporting. It also manages Visitor information on an ongoing basis to tract visits by Visitor type, Location, etc.
  78. It does all this by using cookies, which are dropped onto the visitor’s device whenever they access your website.
  79. To read more specifically about how google analytics works, go to www.google.com/analytics
  80. Now let’s move onto getting started with an analytics tool.
  81. Step 1 - Create a simple website with 5 pages using a standard tool like Blogger or WordPress.
  82. Step 2 - Sign up for an Analytics Account with a tool vendor – if you are using Google Analytics you can go to analytics.google.com
  83. Step 3 - Follow the instructions for linking your website to the Analytics account. Next get the tracking code in place and complete the verification process.
  84. Step 4 – And that’s it. You are now set up for analytics, using some of the most sophisticated tools and technologies available for the internet. Its really that simple!
  85. We’re getting you to create a dummy website or a blog and use Analytics right away so that you may learn through practice and immediately start putting to use whatever you know about analytics.
  86. Now let’s move on to understanding a bit about data reporting. It’s exactly what it says – it defines what we need to look out for, and helps us understand the data.
  87. The data that is captured by the tracking script is classified into two categories….Dimensions and Metrics. Web Analytics typically uses dimensions and metrics to report data. It is important to understand this now, so we know how the reporting templates are done – whether pre-defined or custom templates. As you can see in the image, Dimensions - in this report – are Visitor Sources or the medium – like Google, Facebook, Yahoo, etc. Metrics - in this report – are Visits, Pages per Visit, percentage Bounce Rate, etc.
  88. Remember, Dimensions describe data, whereas metrics measure data. Dimensions are Labels we would assign to data, defining the characteristic of the data. Some examples of dimensions are Source of Visitors, Visitor Type, Visitor Location, etc. They’re possibly more qualitative in nature. Whereas metrics are more measure-based. For example # of Visits or # of Pages Viewed.
  89. So in this report that we just saw, the traffic data or Metrics by the Medium of Visit i.e. the dimension is provided. Keep in mind, all Reports would necessarily involve Dimensions and Metrics.
  90. Lastly before closing this topic, it’s important to understand that all Metrics will not map to a Dimension – this is especially critical to keep in mind when creating custom Report Templates, which we’ll see later.
  91. Closing Audio to be recorded Under this topic we have discussed in detail about How analytics tools work? We got started using such a tool And we understood a little bit about data reporting. That’s it for now. For any queries, do email us at info@jigsawacademy.com. Thanks!
  92. Opening Audio for Session & its Subtopics to be recorded Under this topic we will attempt to define the role of a web analyst, as well as understand how we interpret data to gain insights, and how stitching together these insights helps improves a business.
  93. At the end of session 3, we had touched upon what a Report would look like and how we logically line up Metrics against Dimensions for meaningful Reporting.
  94. Once the Reports are lined up as above, the next step is to interpret what the trends signify.
  95. Here the data needs to be seen in both a logical and business context for complete interpretation, or else there is a chance that we will make decisions based on wrong trends.
  96. Let’s take this situation for example…Comparing based on same timelines will be appropriate for Like – this is interpretation based on logical context. Whereas comparing over previous timeline could introduce seasonal variation and without business understanding an analyst cannot definitively say whether a campaign performed better than the prior one, this is the business context interpretation.
  97. In many situations, awareness of both the contexts is a must for complete interpretation. This is an important skill an analyst must bring to the job.
  98. Similarly, do you look at a stand-alone metric to decide on a performance indicator?
  99. Let’s consider this scenario. It is possible that even when Bounce rates are high, typically businesses could run profitably and 45% could be an industry standard. So along with Bounce Rate, the analyst must also consider pages per Visit, Micro Conversions, Time on Site, Ecommerce Conversions and the percentage of Returning Visitors to confidently state whether the website is engaging its visitors efficiently or not.
  100. Let us now move on from data to insights.
  101. Apart from interpretation, it’s also important to differentiate data by categories. For example, we need to understand what Type of Campaigns work best for what Visitor Type, by quantifying their ROIs. This is a very important need, left unfulfilled even today, in more than 50% of businesses. Actually it is a fairly simple analysis, that requires stitching together categorized data as shown on this screen. As soon as the co-relation of Ecommerce and CRM Data is made to Traffic & Engagement data, we will have these critical insights in place. This helps improve website monetization by a long way.
  102. As soon as the co-relation of Ecommerce and CRM Data is made to Traffic & Engagement data, we will have these critical insights in place. This helps improve website monetization by a long way.
  103. Some quick points to think about. We are consciously moving away from the earlier position of collecting and categorizing date to actually synthesizing them for business benefits. This in essence is the true value of web analytics as a profession.
  104. So how does the mind of a web analyst work?
  105. In defining the web analysts role, its best to first clear out some myths.
  106. The mindset needs to be that of someone who is business-outcome-focused, in order for them to gain greater credibility with senior management and build successful business outcomes for their employers.
  107. So in short, someone who has the ability to interpret data in a logical & business context. And also provide business insights to guide decisions across all levels, be it Operational, Managerial, Executive or Investor.
  108. Closing Audio to be recorded Under this topic we have discussed in detail how to interpret website data, gaining insights from these data and how the web analyst is useful to any business in order to provide useful insights to improve businesses. For any queries, do email us at info@jigsawacademy.com Thanks!