Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Elephants And Analytics Presentation
1. Elephants
and Analytics
Three questions to
ask your elephant
2.
3. 78% of companies
surveyed said data
collection is
not tied to business
objectives or strategy
Online Measurement and Strategy Report, E-consultancy, 2008
67. Look at the campaign conversion rate
by type of media, source, segment etc
You can adjust your thinking accordingly
(spend, volume, channel, location)
69. Look for sources of traffic that convert best
0.05%
0.14%
0.34%
1.56%
70. If they’re not converting
find out why and improve it
Reduced page bounce rate
from 80% to 40% by changing design
71. If you have a multi-page process
look for:
•High step abandonment rates
•Where they go if they abandon
Then look at the questions on the
form.
Looks for reasons why they abandon.
Are you asking for information they
don’t have (passport number, drivers
license etc)
72. If you’ve optimised you should see a small lift
100,000 visitors 100% 100,000 visitors
5,000 start an 5,000 start an
application 5% 5% application
1,500 submit an 1,550 submit an
30% 31%
application application
$13,000 per application $13,000 per application
$19,500,000 1.5% 1.55% $20,150,000
revenue conversion conversion revenue
Lift in conversions
+0.05% = $650,000
115. Mid Year 2009 – A/B Testing
Conversion point: Application submitted
Recipe 1 Recipe 2
Drives user directly to Drives user through a micro-site, then to
Online Application System Online Application System
Direct access to apply Qualification tool
Quick user journey Extended content and email reminders
But... a much longer user journey
116. Mid Year 2009 – A/B Testing results
Recipe 1 Recipe 2
0.42% Conversion Rate 0.86% Conversion Rate
204% Lift in conversion against control
$2,847,000 incremental revenue
117. Mid Year 2009 – Behavioural Targeting
Target content to users
based on their previous
activity
Higher propensity to
convert
Re-engage user if they have
started but not completed an
Better user experience application
118. Remember, 0.05% is
a tiny improvement
But can yield
significant results
120. Social media has different KPI’s
Business Goals Audience Success
•Leads •Recruitment •# of Leads
•Sales •Staff •# of Sales
•Revenue •Students •$ Revenue
•Community •Media •% Conversion
•Business •Engagement
•Awareness