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10 Analytics Tips
Activation for conversion



Evaldas Svaravicius (NL), John Wyllie (UK)
What we believe
                   Measure your site or
                 campaign’s performance


                                                Report the
Optimise your site            Data              relevant
based on data, not          trumps              information
gut-feel
                           intuition

                     Analyse visitor behavior
Strategy
                       Creative
          Planning     Design       Experience
                                    Architecture




  Project                                            User
Management                                         Research


Technology           Analytics
                           ≈≈                       Media

 Business
 Consulting                                        Media




              CRM
                                  Visual Design
                       ePR


                       Creative
#1




So What?
Right KPIs                                   site.nl



                      Brand
                Pregnant                      Brand                        Product                   Customer
                     Visibility
                 mother                     Positioning                   Awareness                   Loyalty

     Brand Mother of VisitorsBrand Asked Qs
 Pregnant          Unique                          Product Views
                                                        Product             Customer ups
                                                                                News Sign
            young Baby PositioningVideo Views Awareness
    Visibility     Direct Visits   Tip Views            CTR to new products
                                                                             LoyaltyVisits
                                                                                News
  mother           Search Visits
                                   CTR to new tips
                                                                                Product Views
                                                                                Returning visits
              Mother of Visitors
                   Unique          Asked Qs             Product Views           News Sign ups
 Mother of         Direct Visits   Tip Views            CTR to new products     News Visits
               toddler Visits
                   Search          Video Views                                  Product Views
young Baby                         CTR to new tips                              Returning visits
    External:
    Unique                      On site:
                                Asked Qs                     On site:
                                                             Product Views                On site: ups
                                                                                          News Sign
    Media/Search
                 Mother of VisitorsViews
                      Unique
                                Q&A
                                           Asked Qs
                                                           Product
                                                                        Product Views           News Sign ups
                                                                     Info to new products Newsletters
 Mother of
    Visitors                    Tip
                      Direct Visits        Tip Views                    CTR               News Visits
                                                                                                News Visits
               preschooler Video Views
    Direct Visits               Tips
                      Search Visits        Video Views                                    Savings Views
                                                                                          Product Points
                                                                                                Product Views
  toddler                       Videos     CTR to new tips                                      Returning visits
    Search Visits                                                                         Returning visits
               Unique Visitors             Asked Qs                      Product Views             News Sign ups
 Mother of UnknownVisits
               Direct                      Tip Views                     CTR to new products       News Visits
               Search Visits               Video Views                                             Product Views
preschooler                                CTR to new tips                                         Returning visits

                      Unique Visitors      Asked Qs                      Product Views             News Sign ups
                      Direct Visits        Tip Views                     CTR to new products       News Visits
 Unknown              Search Visits        Video Views                                             Saving Product Views
                                           CTR to new tips                                         Returning visits
Right metrics
    Brand
  Positioning

                                         PVs per                 Video Views
            Page Views       Visits                 Video Views
                                          Visit                    per Visit
Pregnant          400.000    100.000            4,0       30.000             0,3   Not actionable
Toddler         1.000.000    200.000            5,0       60.000             0,3



                                                                                             Actionable

                                          PVs per       Video                                 Video Views
            Page Views         Visits                            Video Visits Video Visits %
                                           Visit        Views                                per Video Visit
Pregnant           400.000     100.000           4,0      30.000      5.000               5%            6,0
Toddler          1.000.000     200.000           5,0      60.000     50.000             25%             1,2
#2




Targets
And
Alerts
Assigning Targets
                   Brand
 site.nl
                 Positioning

                Asked Qs                        61%
Pregnant        Tip Views                       63%
 mother         Video Views
                CTR to new tips
                                                92%
                                                85%




    <Targets>   13
                46
                                        CTR                 85%

                128
                0.1%              Video Views                92%


    <Actuals>   8                 Tips Viewed         63%
                29
                118
                0.085%              Asked Qs          61%
Alerts in Action

•   Daily targets/thresholds

•   Daily alerts for
     • 404 pages
     • Failed searches
     • eBasket errors
     • Out-of-stock errors

•   No rear-view mirror
#3




Assign
Ownership
Stake Holder Centricity
Stake Holder         Role


  Mark.                              Mathijs   Mathijs   Mariet   Mariet
               Products Management   Mariet
Executive                             Alex




  eCRM         Campaigns / Branded
 Manager              content




 Customer
                  Video Content
Experience
#4




Visualize & Identify
Learn them all

                              Utilization




                 Visibility
#5




Pull
Not
Push
#6




Quantify
The
Opportunity
Money is a common language


             “Every day you DON’T
               make this change,
              you’re missing out on
                 EUR 20,000 of
               additional revenue”
#7




Measure
Impact of
Changes
Analytics as a profit centre




            £36,000+ extra
            revenue since
             change was
                made
#8




Top
Down
Focus on quick wins
#9




Stop Analysing
Start Testing
Test and Learn


        VS.
#10




People
Not
Technology
Investment in people
  50%
        46% 46%

                                                             2009       YoY
  45%

  40%

  35%                                Internal staff          42%        +6%
                        32%
  30%
                                     Technology              38%        -7%
  25%
                  26%
                                     Consulting              18%         0%
  20%
                              15%
  15%

  10%                               8%
                                                                               6%
                                            5% 6%                         4%
  5%                                                   2% 2%    2% 1%
  0%
           0        1           2               3        4          5    More than 5

                                         2009   2008
#11
Contact Us

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actionable analytics: top10 tips Emerce Conversion Day 2010

  • 1.
  • 2. 10 Analytics Tips Activation for conversion Evaldas Svaravicius (NL), John Wyllie (UK)
  • 3. What we believe Measure your site or campaign’s performance Report the Optimise your site Data relevant based on data, not trumps information gut-feel intuition Analyse visitor behavior
  • 4. Strategy Creative Planning Design Experience Architecture Project User Management Research Technology Analytics ≈≈ Media Business Consulting Media CRM Visual Design ePR Creative
  • 6. Right KPIs site.nl Brand Pregnant Brand Product Customer Visibility mother Positioning Awareness Loyalty Brand Mother of VisitorsBrand Asked Qs Pregnant Unique Product Views Product Customer ups News Sign young Baby PositioningVideo Views Awareness Visibility Direct Visits Tip Views CTR to new products LoyaltyVisits News mother Search Visits CTR to new tips Product Views Returning visits Mother of Visitors Unique Asked Qs Product Views News Sign ups Mother of Direct Visits Tip Views CTR to new products News Visits toddler Visits Search Video Views Product Views young Baby CTR to new tips Returning visits External: Unique On site: Asked Qs On site: Product Views On site: ups News Sign Media/Search Mother of VisitorsViews Unique Q&A Asked Qs Product Product Views News Sign ups Info to new products Newsletters Mother of Visitors Tip Direct Visits Tip Views CTR News Visits News Visits preschooler Video Views Direct Visits Tips Search Visits Video Views Savings Views Product Points Product Views toddler Videos CTR to new tips Returning visits Search Visits Returning visits Unique Visitors Asked Qs Product Views News Sign ups Mother of UnknownVisits Direct Tip Views CTR to new products News Visits Search Visits Video Views Product Views preschooler CTR to new tips Returning visits Unique Visitors Asked Qs Product Views News Sign ups Direct Visits Tip Views CTR to new products News Visits Unknown Search Visits Video Views Saving Product Views CTR to new tips Returning visits
  • 7. Right metrics Brand Positioning PVs per Video Views Page Views Visits Video Views Visit per Visit Pregnant 400.000 100.000 4,0 30.000 0,3 Not actionable Toddler 1.000.000 200.000 5,0 60.000 0,3 Actionable PVs per Video Video Views Page Views Visits Video Visits Video Visits % Visit Views per Video Visit Pregnant 400.000 100.000 4,0 30.000 5.000 5% 6,0 Toddler 1.000.000 200.000 5,0 60.000 50.000 25% 1,2
  • 9. Assigning Targets Brand site.nl Positioning Asked Qs 61% Pregnant Tip Views 63% mother Video Views CTR to new tips 92% 85% <Targets> 13 46 CTR 85% 128 0.1% Video Views 92% <Actuals> 8 Tips Viewed 63% 29 118 0.085% Asked Qs 61%
  • 10. Alerts in Action • Daily targets/thresholds • Daily alerts for • 404 pages • Failed searches • eBasket errors • Out-of-stock errors • No rear-view mirror
  • 12. Stake Holder Centricity Stake Holder Role Mark. Mathijs Mathijs Mariet Mariet Products Management Mariet Executive Alex eCRM Campaigns / Branded Manager content Customer Video Content Experience
  • 14. Learn them all Utilization Visibility
  • 17. Money is a common language “Every day you DON’T make this change, you’re missing out on EUR 20,000 of additional revenue”
  • 19. Analytics as a profit centre £36,000+ extra revenue since change was made
  • 25. Investment in people 50% 46% 46% 2009 YoY 45% 40% 35% Internal staff 42% +6% 32% 30% Technology 38% -7% 25% 26% Consulting 18% 0% 20% 15% 15% 10% 8% 6% 5% 6% 4% 5% 2% 2% 2% 1% 0% 0 1 2 3 4 5 More than 5 2009 2008

Notes de l'éditeur

  1. Pleasure Creative agency on performance event Counterpart analytics build 2 years Planes dont convert yet Basic believe
  2. This is a presentation about what LBi believes and what it does about those beliefs Don’t let websites with 70% bounce rates fly around the online Collect data even if its not part of the service Analyse visitor behaviour for UX teams Optimize based on data Activation of last two points are where analytics become profitable and the conversion starts to take place
  3. Being full service agency delivers its own benefits for performance Integration with all Unfortunately things are not that simple All have their own battle to fight even due How do you make your self heard in that environment Next ten points are key insights out of this environment CRM Business Plan 2010 | v2 | 18 December 2009
  4. this is were we started how to make analytics relevant for strategy how do you cristalize analytics metrics to a strategic importance
  5. Define objectives Define functions Define KPIs for functions
  6. Reason why it’s separated First for you &amp; MM Second is for you Modeling
  7. Underdeveloped part of analytics Media / kaushik For the rest it’s a trouble 3 Purposes: know where you stand to your goals don&apos;t tell me today that I was underperforming last week
  8. Very different metrics Targets helps you define common measurement % Prioritize
  9. Tactical focus on errors Loosing 20K revenue
  10. So what? People are responsible for KPIs not website
  11. Ties back to setting targets – also set ownership Start first Define the team and current roles Set KPIs to people not activity Incentives different conversations
  12. Story of two years monthly revenues 3-5 minutes 10 seconds Power of vizualization
  13. Automating reporting to analysis
  14. Stop scheduling reports Report by exception Don’t schedule reportings Proactive involvment on stategic level Know when, what to whom to say
  15. Every day we don’t do this, it costs… Mitsubishi campaign
  16. Avoid getting stuck in the Q to be heard Mitsubishi the case
  17. Be proactive be involved in what happens Be heard get attention Lear &amp; teach
  18. * Get more investments and priorities * Benchmarks
  19. Don’t think on the level of tool Don’t get stuck in technology Do full framework from KPIs to targets to stakeholders Then specify what can be changed what cannot
  20. Focus on what you can actually change/fix Rule of thumb: if the page is under “http s ” then it’s probably a pain in the ass to amend (at least quickly) avoid platform limitations in pursuit of quick wins What can you change? Typically brochure ware pages, landing pages, calls to action, hero imagery, calls to action, search result – all these influence success – focus on optimising these first of all By proving the value being added, it will make having those conversations about modifying the basket pages more easy.
  21. Get something out there
  22. Limited resource per client: 2-3 peaces of analyzes we are able to test 512 page variations using multivariate testing winning page had 30% better conversion More and more organizations have dedicated resources to analytics less have dedicated to testing Building a site with already integrated testing environment
  23. if you have limited budget step out heavy tool and spend budget on people to leverage that almost half companies of the companies have a car but nobody has a driver
  24. Technology investments are downsizing still almost 50% of companies have a car but don’t have a driver Investment in people basics: train staff member in analytics then hire analysts
  25. OR We can be your driver Thank you