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#1NLab17 - Designing the Next Release: Measuring & Experimenting with Data

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Opticon 2017 Beyond CRO
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#1NLab17 - Designing the Next Release: Measuring & Experimenting with Data

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Data Analyst Ben Magnuson explains how to begin implementing an analytics strategy by connecting his personal life to real life business examples, proving how analytics can give unexpected insights that turn into million-dollar ideas.

Data Analyst Ben Magnuson explains how to begin implementing an analytics strategy by connecting his personal life to real life business examples, proving how analytics can give unexpected insights that turn into million-dollar ideas.

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#1NLab17 - Designing the Next Release: Measuring & Experimenting with Data

  1. 1. Experience Lab 2017 | 11.08 – 11.10 2017 BY DESIGN Subtitle Goes Here Designing the Next Release Measuring & Experimenting with Data
  2. 2. Experience Lab 2017 | 11.08 – 11.10 2017 Ben Magnuson @1n_Ben
  3. 3. Experience Lab 2017 | 11.08 – 11.10 2017 71% Projects where no marketing analytics are used prior to a decision being made (B2B) Source: CMOsurvey.org
  4. 4. Experience Lab 2017 | 11.08 – 11.10 2017 And That Number Hasn’t Really Been Changing Feb 2014 20% 40% 60% 80% % of Projects using Marketing Analytics before a decision is made Feb 2015 Feb 2016 Feb 2017 32.5 % 29% 35.3 % 31.6% Source: CMOsurvey.org Lower than 2014!
  5. 5. Experience Lab 2017 | 11.08 – 11.10 2017 D How Can We Break This Cycle?
  6. 6. Experience Lab 2017 | 11.08 – 11.10 2017 B2B Marketers Are Utilizing Leading Strategies 80% Site or Search Retargeting Compared to 81% of B2C 72% Customer Identity Management Compared to 77% of B2C 80% Surveys and Customer Insights Compared to 81% of B2C 60% SEM/SEO Tools Compared to 62% of B2C Source: Gartner
  7. 7. Experience Lab 2017 | 11.08 – 11.10 2017 Reasons Given as to Why Analytics Is Not Used ! Lack of People (28%) ! Lack of Process/Tools (32%) ! Does not arrive when needed (7.5%) In other words: separate. And separate always seems like a lot of work.
  8. 8. Experience Lab 2017 | 11.08 – 11.10 2017 1. Marketers Can Do This! Marketers now: ! Run multiple technical platforms, including CMS, Email, CRMs and Marketing Automation tools (and more) ! Target content across an increasing number of channels ! BUT…can’t use analytics?
  9. 9. Experience Lab 2017 | 11.08 – 11.10 2017 2. Nobody (Nobody) Has The Perfect Analytics ! Your questions will drive what meaning you get from analytics. ! There is no magical technical solution that solves bullet #1.
  10. 10. Experience Lab 2017 | 11.08 – 11.10 2017 3. Embrace The Chaos ! Let’s look at an example from one of our unlimited spending corporate giants.
  11. 11. Experience Lab 2017 | 11.08 – 11.10 2017 Big Gains from Unpredictable, Marginal Changes ! In 2012, an employee had an idea to improve how ad headlines displayed in Bing. ! Being a giant, well-funded website, this was one of hundreds of ideas, and it was left alone. ! The employee found a way to cheaply run an A/B test with it. ! It increased revenue by 12%, making it the best revenue generating idea in Bing history. Source: Harvard Business Review
  12. 12. Experience Lab 2017 | 11.08 – 11.10 2017 Bing Now Runs 10k Experiments Annually Takeaways: ! Microsoft had incredible data and research power to create Bing.com. ! Being nice to Bing, it was 95% right pre-launch. ! But that 5% has great potential; but unlocking it is unclear and where analytics are crucial to achieve.
  13. 13. Experience Lab 2017 | 11.08 – 11.10 2017 D Storytime
  14. 14. Experience Lab 2017 | 11.08 – 11.10 2017 2 Semi-Mobile Infants, Same Problem Scenario: 10-month-old is beginning to move. Friend hires professional baby- proofer to give a quote to baby- proof their house for them. How much could that be?
  15. 15. Experience Lab 2017 | 11.08 – 11.10 2017 $10,000 No. No. No. No. No. No. No. No. No. No.
  16. 16. Experience Lab 2017 | 11.08 – 11.10 2017 Known Problems What gets me to that 95%? ! Outlets ! Secure dressers ! Secure TV ! Stairs
  17. 17. Experience Lab 2017 | 11.08 – 11.10 2017 Known Problems What gets me to that 95%? ! Outlets ! Secure dressers ! Secure TV ! Stairs The 5%? ! Bottom row of bookshelf
  18. 18. Experience Lab 2017 | 11.08 – 11.10 2017 D Measurement Planning
  19. 19. Experience Lab 2017 | 11.08 – 11.10 2017 Measurement Planning Measurement planning identifies questions that cannot be answered prior to launching a project, and establishes the measurement foundation to answer them.
  20. 20. Experience Lab 2017 | 11.08 – 11.10 2017 Tech/BuildDesignStrategyDiscovery Process Of A Project
  21. 21. Experience Lab 2017 | 11.08 – 11.10 2017 Tech/BuildDesignStrategyDiscovery Each Step Can Influence What You Want Measured Measurement Planning
  22. 22. Experience Lab 2017 | 11.08 – 11.10 2017 Measurement Planning May Not Be So Formal! ! What do you want to know from your data? " New ways of displaying content " Controversial new features " Interactive elements " Step into the shoes of your users and experience it yourself. ! Define what “performing well” means " “I just want to know if people are clicking on it.” " “It should get people to sign up.” ! Keep it in your own language. Write them down!
  23. 23. Experience Lab 2017 | 11.08 – 11.10 2017 Start Small, Start Obvious ! Great candidates: " Newsletter sign-ups " Contact Us " Share tools " Calls-to-action If any of the above are meaningful, make sure you can measure them.
  24. 24. Experience Lab 2017 | 11.08 – 11.10 2017 NewsCred Case Study ! NewsCred marketing focuses heavily on an inbound strategy. ! It keeps its clients engaged with a newsletter sign-up button. ! Knowing users weren’t scrolling to the bottom of the page, and would leave if immediately bombarded, they added a pop-up sign-up form when at 50% of the article.
  25. 25. Experience Lab 2017 | 11.08 – 11.10 2017 Cool, Right? It’s easier than ever to set up yourself. Recipe: ! Scroll depth – Google Tag Manager ! Button click – Google Tag Manager ! Pop-up sign-up – Hubspot And maybe only just a little, teeny bit of developer time needed …
  26. 26. Experience Lab 2017 | 11.08 – 11.10 2017 Let’s Get In The Weeds
  27. 27. Experience Lab 2017 | 11.08 – 11.10 2017 Google Tag Manager ! Allows you to easily send additional info into analytics (not just Google’s!) ! Can tag many user interactions, such as scroll depth ! May require the initial code deployed on the digital property (developer) ! But tags can be created and deployed by a non-developer.
  28. 28. Experience Lab 2017 | 11.08 – 11.10 2017 Set-up: 2 Elements to Every Tag ! Tag " Defines where to save it " Add labels to data ! Trigger " Define when the event gets recorded
  29. 29. Experience Lab 2017 | 11.08 – 11.10 2017 Tricks to Solving Triggers Right-Click -> Inspect Element is your friend. Resources: ! Setting up GA with Tag Manager – bit.ly/2qainGM ! Simo Ahava’s blog – simoahava.com
  30. 30. Experience Lab 2017 | 11.08 – 11.10 2017 There Are Recipes For Everything … Even scroll tracking! 3 steps from Lunametrics: bit.ly/2wQJtni ! Download file ! Import into Google Tag Manager ! Publish Ugly code that you don’t even need to understand.
  31. 31. Experience Lab 2017 | 11.08 – 11.10 2017
  32. 32. Experience Lab 2017 | 11.08 – 11.10 2017
  33. 33. Experience Lab 2017 | 11.08 – 11.10 2017 Now You Can: ! Set up tags on Google Tag Manager ! Track how far users scroll ! Report on how far users are scrolling
  34. 34. Experience Lab 2017 | 11.08 – 11.10 2017 Bonus – Adding a Pop-Up Subscribe Button Pop-up subscribes can also be free, and free of developers. HubSpot: bit.ly/2tImfOJ Steps: ! Add HubSpot code to your website (which you can do without a developer with GTM). ! Enable HubSpot add-on “Add Lead Flow.” ! Set trigger at optimal percentage.
  35. 35. Experience Lab 2017 | 11.08 – 11.10 2017 Resources ! Setting up GA with Tag Manager – bit.ly/2qainGM ! Simo Ahava’s blog – simoahava.com ! Scroll-tracking recipe - bit.ly/2wQJtni ! HubSpot pop-up subscribe - bit.ly/2tImfOJ
  36. 36. Experience Lab 2017 | 11.08 – 11.10 2017 Takeaways: We Measured, But Now What? ! Use your initial questions as guides; answer them before moving on. ! Be curious and build up. ! Start small with Calls-to-Action; they offer many ways to tweak and find those marginal gains. ! Push yourself to learn what you don’t know. ! Be prepared to see inconclusive results. It will happen, and it’s okay.
  37. 37. Experience Lab 2017 | 11.08 – 11.10 2017 D THANK YOU
  38. 38. Experience Lab 2017 | 11.08 – 11.10 2017 BY DESIGN Subtitle Goes Here Designing the Next Release Measuring & Experimenting with Data

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