Chris Sietsema of Teach to Fish Digital discusses marketing analytics, provides some success stories, covers common analytics pitfalls, and explores how to create a sound structure for your own marketing metrics program.
Originally presented on March 22, 2016 in a webinar hosted by Marketri. See http://www.marketri.com/ and http://teachtofishdigital.com/ for more information.
2. Analytics 101
• Defining Analytics and What to Measure
• Helpful Analytics Tools
• Common Analytics Pitfalls
• Building an Analytics Program
!
Chris Sietsema
• Digital Marketing Consultant
• 15+ Years of Experience
• Working in Phoenix, AZ
3. TL;DRVERSION:
• 40 Senior B2B MarCom
Executives identified two key
challenges: people &data
• 50% of tech firms have CMOs
with tenure of two years or
less
• 25% of marketing roles today
did not exist 10 years ago
• “Becoming a data-driven
organization”is a top priority
7. Businesses don’t fail because
mistakes happen.
!
Businesses fail because
mistakes aren’t found and corrected.
8. Creating Reports
• For every hour spent pulling data,
spend an hour providing insights.
• Translate Data
• Highlight Trends & Insights
• Make Recommendations
• Provide Next Steps
13. Questions Lead to Insights
• What is the purpose of the site?
• What key metrics will we rely upon to
determine success?
• Where are visitors coming from?
• What referral sources are most valuable?
• How do traffic and conversion patterns
changed by referral source?
• What is the average cost per lead/ cost
per sale from each referral source?
• Are there specific referral sources that
deserve more/less attention?
• Once they arrive, how do visitors navigate
through the site?
• What are the most/least popular
navigation items?
• How should navigation be modified?
• How is site search utilized?
• What can qualitative metrics (time on site
or pages/visit) tell us about our audience?
our site content?
• What content is most/least popular among
visitors?
• What questions are visitors asking?
• Is the Home page effective in routing the
visitor to their desired content?
• Do individual content elements/pages do
well to encourage conversion?
• At what points in the navigation stream
are visitors most likely to leave?
• Is there a correlation between referral
sources and specific site content?
• What is the pattern of return visits?
• Are return visits more likely to convert?
• What devices are visitors using to access
site content? To convert?
33. Metrics by the Sales Funnel
SHARE
DO
THINK
SEE • Awareness: Visitors, Followers,
Impressions, “Branded” Search Volume
• Consideration: Engagement with
Content and Campaign Materials
• Conversions: Leads & Transactions
• Loyalty & Evangelism: Reviews, User
Generated Content
34. Goals First Approach
1. Define & Prioritize Business Objectives
2. Identify Relevant Measures for Each Goal
A. By Tactic / Channel
B. Establish Growth Targets
C. Select Measurement Tools/Systems
3. Report Metrics that Align with Goals
4. Make Adjustments to Programs Accordingly
35. Goals First Approach
OBJECTIVE Increase
Sales by 20%
GrowVisit-to-Lead
Conversion Rate to 4.0%
Increase Brand
Awareness 10%
SEARCH Search Revenue Search Lead
Conversion Rate
Branded Search Volume
+ New Visitors
DISPLAY Display Revenue Display Lead
Conversion Rate
Percentage of
New Visitors
EMAIL Display Revenue Email Lead
Conversion Rate
Subscriptions
SOCIAL Social Revenue Social Lead
Conversion Rate
Subscriptions
+ Mentions
36. Goals First Approach
OBJECTIVE Increase
Sales by 20%
GrowVisit-to-Lead
Conversion Rate to 4.0%
Increase Brand
Awareness 10%
SEARCH
DISPLAY
EMAIL
SOCIAL