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5 Essential Practices of the
 Data Driven Organization
Overview: We Will Cover . . .
                  Essential cooperative
                  behaviors for both content
                  and technology teams
                  focused on digital ROI.

                  Common roadblocks and
                  how to overcome them
                  using expertise and
                  technology.

                  Insights into some
                  "convergence analytics"
                  tools coming on the
                  market
Analytics Today: a Tough Fight
              •   Few organizations can manage
                  effectively
              •   Lack of overall standards and
                  benchmarks
              •   Lack of efficiency in analytics process
              •   Quantity of data is ahead of data
                  analysis
              •   Frequent uncertainty that data is
                  accurate
              •   Flawed tags and data collection
              •   Difficult to keep tools/tagging/expertise
                  current
Multi-Channel Adds to
                     Complexity
•   Mobile
•   Social
•   eMail
•   Web
•   Off-line

• . . .is Convergence Analytics
in our future? (more later)
Muted Impact of Analytics
• Analytics often isolated from decision-makers
• Reports go to report recipients—but what do they do with the
  data?
• Analysts generate insights
• . . .but executives may or may not be interested
• Tendency to focus on global trending data
   – Rather than engagement and conversion metrics
   – Because it is much harder to define engagement and
     conversion than to look at overall trends

• Internal political impact of success/failure measurement
Analytics Success
• Success in analytics requires
  industrial strength accuracy,
  standardization and a repeatable
  process.
The Data Driven Organization

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The Data-Driven Organization is:
• Organized around the intelligence gained from the data it
  collects about its customer interactions.
• Good about Managing Expectations
• Willing to admit its requirements are not unique (and
  therefore cannot be defined)
• Ready to standardize its measurements across digital
  properties
• Ready to get expertise where it resides (rather than
  relying on a preconceived notion of where it might be
  found)
• Eager to improve based on findings
Five Essential Practices (1)


• The Data Driven Organization
  defines what it wants to
  measure
Five Essential Practices (2)


• The Data Driven Organization
deploys analytics tools expertly
Five Essential Practices (3)


• The Data Driven Organization
  analyzes results and makes
  recommendations
Five Essential Practices (4)

• The Data Driven Organization
  creates changes based on
  data
Five Essential Practices (5)
• The Data Driven Organization
  measures again. . .and again
  (to see what worked)
A Repeatable Process
• eBusiness 5 Step Optimization




• The method by which the Data Driven
  Organization can get organized
A Repeatable Process
• e5o provides a framework for total web and
  digital ROI. Properly deployed, it is a complete,
  repeatable feedback loop targeted at success. It
  involves business, technical, analysis and
  creative components that form the basis for a
  data-driven marketing organization
A Repeatable Process
       Activity                Deliverable                           Benefit
Define Drivers      Set of goals and targets for web   Clear understanding of success
                    optimization project               factors for web site

Build Metrics       Create measurement criteria        Gain critical insight into web
                    plus tool configuration            performance
Plan Actions        Map of improvements, based         Targeted, achievable
                    on data analysis                   improvement goals
Create Changes*     Development and delivery of        A web site that responds to
                    actual improvements                quantifiable critique
Measure Success     Evidence of improvement by         Proof that the process resulted
                    percentage                         in. . .
                                                       . . .Better Web ROI


                   *may include third party content creation
KPI Definition Basics

 If you are a______site. . .               You’ll want to improve. . .

       Content/Brand                           Stickiness
       E-Commerce                              On line Sales
       Lead Generation                         Customer Contacts
       Self-Service/                           Efficiency/
        Information                              Productivity
The Data Driven Organization Knows How to Categorize its Digital Properties
Conversion Basics
    Key Performance Indicators are almost synonymous with ―desired actions‖.
    When desired actions are performed by the user, that is considered to be a
    ―conversion event‖.

    The four major steps in conversion are shown below.


•   Reach (Campaigns)
•   Engage (Landing Page/Other Convincing Content)
•   Convert (Visitor performs desired action)
•   Retain (Re-target, up-sell, cross-sell)

    The Data Driven Organization Knows How to Segment Conversion Steps
Campaign Awareness
• Every ―touch-point‖ is a Campaign
   •   Email
   •   Social
   •   Banner
   •   Module
   •   Affiliate
 • . . .and can be measured

    The Data Driven Organization Knows That Campaigns Must Convert
The Importance of QA
• The Data Driven Organization
  trusts its numbers

• . . .because they've inspected tagging and
  filtering very carefully.

  Tags/Filters
The Sixth Sense
   • Convergence
     Analytics
      – Big Data meets
      – Multichannel meets
      – Web Analytics
   • Targeting Marketers with
     data from many sources
The Sixth Sense (2)
• Convergence Analytics
  – Data extraction
  – Data preparation
  – Data load
  – Data presentation
• From numerous sources, including off-line
The Sixth Sense (3)
• Convergence Analytics
• The goal is a single view of marketing
  touchpoints
• Focused on understanding true ROI
• Players: Anametrix, Gooddata, Domo
• Does Convergence Analytics replace web
  analytics?
Look in the Mirror
               • Do you recognize your
                 organization?
               • Can you:
Data Driven    • Define your conversions
               • Measure accurately
               • Change
                 content/architecture
                 based on metrics
What Success Looks Like
• Data Driven Organizations will thrive in a
  digitized marketplace because they know
  that:
• ―Creativity without Conversion
  equals Zero‖ *
        *Rand Schulman
Thank You


• Andrew Edwards
• aedwards@technologyleaders.com

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5 Essential Practices for the Data Driven Organization

  • 1. 5 Essential Practices of the Data Driven Organization
  • 2. Overview: We Will Cover . . . Essential cooperative behaviors for both content and technology teams focused on digital ROI. Common roadblocks and how to overcome them using expertise and technology. Insights into some "convergence analytics" tools coming on the market
  • 3. Analytics Today: a Tough Fight • Few organizations can manage effectively • Lack of overall standards and benchmarks • Lack of efficiency in analytics process • Quantity of data is ahead of data analysis • Frequent uncertainty that data is accurate • Flawed tags and data collection • Difficult to keep tools/tagging/expertise current
  • 4. Multi-Channel Adds to Complexity • Mobile • Social • eMail • Web • Off-line • . . .is Convergence Analytics in our future? (more later)
  • 5. Muted Impact of Analytics • Analytics often isolated from decision-makers • Reports go to report recipients—but what do they do with the data? • Analysts generate insights • . . .but executives may or may not be interested • Tendency to focus on global trending data – Rather than engagement and conversion metrics – Because it is much harder to define engagement and conversion than to look at overall trends • Internal political impact of success/failure measurement
  • 6. Analytics Success • Success in analytics requires industrial strength accuracy, standardization and a repeatable process.
  • 7. The Data Driven Organization <link rel='stylesheet' id='hubspot-css' href='http://www.technologyleaders.com/wp- content/plugins/hubspot/css/hubspot.css?ver=3.3.2' type='text/css' media='all' /> <link rel='stylesheet' id='page-list-style-css' href='http://www.technologyleaders.com/wp- content/plugins/sitemap/css/page-list.css?ver=3.7' type='text/css' media='all' /> <script type='text/javascript' src='http://www.technologyleaders.com/wp- includes/js/jquery/jquery.js?ver=1.7.1'></script> <script type='text/javascript' src='http://maps.google.com/maps/api/js?sensor=false&#038; ver=3.3.2'></script> <link rel="EditURI" type="application/rsd+xml" title="RSD" href="http://www.technologyleaders.com/xmlrpc.php?rsd" /> <link rel="wlwmanifest" type="application/wlwmanifest+xml" href="http://www.technologyleaders.com/wp- includes/wlwmanifest.xml" />
  • 8. The Data-Driven Organization is: • Organized around the intelligence gained from the data it collects about its customer interactions. • Good about Managing Expectations • Willing to admit its requirements are not unique (and therefore cannot be defined) • Ready to standardize its measurements across digital properties • Ready to get expertise where it resides (rather than relying on a preconceived notion of where it might be found) • Eager to improve based on findings
  • 9. Five Essential Practices (1) • The Data Driven Organization defines what it wants to measure
  • 10. Five Essential Practices (2) • The Data Driven Organization deploys analytics tools expertly
  • 11. Five Essential Practices (3) • The Data Driven Organization analyzes results and makes recommendations
  • 12. Five Essential Practices (4) • The Data Driven Organization creates changes based on data
  • 13. Five Essential Practices (5) • The Data Driven Organization measures again. . .and again (to see what worked)
  • 14. A Repeatable Process • eBusiness 5 Step Optimization • The method by which the Data Driven Organization can get organized
  • 15. A Repeatable Process • e5o provides a framework for total web and digital ROI. Properly deployed, it is a complete, repeatable feedback loop targeted at success. It involves business, technical, analysis and creative components that form the basis for a data-driven marketing organization
  • 16. A Repeatable Process Activity Deliverable Benefit Define Drivers Set of goals and targets for web Clear understanding of success optimization project factors for web site Build Metrics Create measurement criteria Gain critical insight into web plus tool configuration performance Plan Actions Map of improvements, based Targeted, achievable on data analysis improvement goals Create Changes* Development and delivery of A web site that responds to actual improvements quantifiable critique Measure Success Evidence of improvement by Proof that the process resulted percentage in. . . . . .Better Web ROI *may include third party content creation
  • 17. KPI Definition Basics If you are a______site. . . You’ll want to improve. . .  Content/Brand  Stickiness  E-Commerce  On line Sales  Lead Generation  Customer Contacts  Self-Service/  Efficiency/ Information Productivity The Data Driven Organization Knows How to Categorize its Digital Properties
  • 18. Conversion Basics Key Performance Indicators are almost synonymous with ―desired actions‖. When desired actions are performed by the user, that is considered to be a ―conversion event‖. The four major steps in conversion are shown below. • Reach (Campaigns) • Engage (Landing Page/Other Convincing Content) • Convert (Visitor performs desired action) • Retain (Re-target, up-sell, cross-sell) The Data Driven Organization Knows How to Segment Conversion Steps
  • 19. Campaign Awareness • Every ―touch-point‖ is a Campaign • Email • Social • Banner • Module • Affiliate • . . .and can be measured The Data Driven Organization Knows That Campaigns Must Convert
  • 20. The Importance of QA • The Data Driven Organization trusts its numbers • . . .because they've inspected tagging and filtering very carefully. Tags/Filters
  • 21. The Sixth Sense • Convergence Analytics – Big Data meets – Multichannel meets – Web Analytics • Targeting Marketers with data from many sources
  • 22. The Sixth Sense (2) • Convergence Analytics – Data extraction – Data preparation – Data load – Data presentation • From numerous sources, including off-line
  • 23. The Sixth Sense (3) • Convergence Analytics • The goal is a single view of marketing touchpoints • Focused on understanding true ROI • Players: Anametrix, Gooddata, Domo • Does Convergence Analytics replace web analytics?
  • 24. Look in the Mirror • Do you recognize your organization? • Can you: Data Driven • Define your conversions • Measure accurately • Change content/architecture based on metrics
  • 25. What Success Looks Like • Data Driven Organizations will thrive in a digitized marketplace because they know that: • ―Creativity without Conversion equals Zero‖ * *Rand Schulman
  • 26. Thank You • Andrew Edwards • aedwards@technologyleaders.com