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Information Overload: Outcome Driven Analytics  August 19, 2010 Chae J. Pak [email_address]   Matthew Wood [email_address] © 2010, Tavant Technologies, Tavant4Pak.com
AGENDA Overview Data and Data Collection Measurement Framework and ROI Conversion and Retention Focus
Tavant 4 Pak – Webinar Series ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Chae Pak Digital Strategist ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why Analytics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Current State Source: Web Analytics Association Industry Outlook Survey 2010 What will be your top Web analytics initiatives in 2010?
AGENDA Overview Data and Data Collection Measurement Framework and ROI Conversion and Retention Focus
Data is a competitive advantage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],How do I make data a competitive advantage?
Data Collection Software and Services
Monitoring Vendor Comparison
Monitoring Vendor Comparison Source: The Forrester Wave™: Listening Platforms, Q1 2009
If you want to stay connected
Measurement Maturity Scale 0 Money Time Novice Amateur Expert Master Identify KPIs Benchmark Competitors No Segmentation Test multiple landing pages and ads Buyer Funnel Analysis Preference Segmentation Systematic testing of online activities Compelling and effective ‘call to actions’ A/B multivariate testing Online Surveys Customer engagement segmentation Structured approach to improving conversion Align keywords, landing pages, and ‘call to actions’ Multi-channel customer experience Event-triggered email or contact Behavioral/ Psychological segmentation
M-Scale: Novice - Monitor traffic directly - Tells you exactly what people did on your site 0 Money Time Novice Amateur Expert Master Identify KPIs Benchmark Competitors No Segmentation Test multiple landing pages and ads Buyer Funnel Analysis Preference Segmentation Systematic testing of online activities Compelling and effective ‘call to actions’ A/B multivariate testing Online Surveys Customer engagement  segmentation Structured approach to improving conversion Align keywords, landing pages, and ‘call to actions’ Multi-channel customer experience Event-triggered email or contact Behavioral/ Psychological segmentation Amateur Expert Master Amateur Expert
M-Scale: Amateur – Monitor the same group of people across the internet – Extrapolate the size of your audience – Tell you a great deal about  characteristics of your audience and how you rank compared to other sites 0 Money Time Novice Amateur Expert Master Identify KPIs Benchmark Competitors No Segmentation Test multiple landing pages and ads Buyer Funnel Analysis Preference Segmentation Systematic testing of online activities Compelling and effective ‘call to actions’ A/B multivariate testing Online Surveys Customer engagement  segmentation Structured approach to improving conversion Align keywords, landing pages, and ‘call to actions’ Multi-channel customer experience Event-triggered email or contact Behavioral/ Psychological segmentation Amateur Expert Master Amateur Expert
M-Scale: Expert Survey – Get detailed responses from a select group of invitees, based on business rules Feedback Widget – Get quick feedback and short survey responses from self-selected group – End user submit ideas –how to make your site better Product Reviews – E-Commerce specific – Find out what people think of the products you’re selling; allow shoppers to read reviews from other shoppers, even if they didn’t shop on your site – Especially valuable for product manufacturers Survey Widgets Reviews 0 Money Time Novice Amateur Expert Master Identify KPIs Benchmark Competitors No Segmentation Test multiple landing pages and ads Buyer Funnel Analysis Preference Segmentation Systematic testing of online activities Compelling and effective ‘call to actions’ A/B multivariate testing Online Surveys Customer engagement  segmentation Structured approach to improving conversion Align keywords, landing pages, and ‘call to actions’ Multi-channel customer experience Event-triggered email or contact Behavioral/ Psychological segmentation Amateur Expert Master Amateur Expert
M-Scale: Master ,[object Object],[object Object],0 Money Time Novice Amateur Expert Master Identify KPIs Benchmark Competitors No Segmentation Test multiple landing pages and ads Buyer Funnel Analysis Preference Segmentation Systematic testing of online activities Compelling and effective ‘call to actions’ A/B multivariate testing Online Surveys Customer engagement  segmentation Structured approach to improving conversion Align keywords, landing pages, and ‘call to actions’ Multi-channel customer experience Event-triggered email or contact Behavioral/ Psychological segmentation Amateur Expert Master Amateur Expert
AGENDA Overview Data and Data Collection Measurement Framework and ROI Conversion and Retention Focus
Measurement Framework Market insights Customer (inc searches) Competitors Intermediaries Summary performance dashboards  Web analytics & optimization Traffic Engagement Value Brand Searches Conversations Engagement Health Commercial Sales Customers Finance Digital marketing  management system Intelligent alerting and diagnosis
Digital Marketing System Business Model  (per activity) - How does your activity convert into value Behavior Goals - Specific behaviors that contribute value directly or lead to value within the business model Measures of success - How you quantify achievement of a specific behavior goal online Market insights Customer (inc searches) Competitors Intermediaries Summary performance dashboards  Web analytics & optimization Traffic Engagement Value Brand Searches Conversations Engagement Health Commercial Sales Customers Finance Digital marketing  management system Intelligent alerting and diagnosis
Business Models - Samples
Behavioral Goals Land on Site View Product Add to Cart Buy Use the Engagement Model Approach
Behavioral Goals Source: Greater Returns, Aaron Gray 2010
Behavioral Goals  Land on Site Browse Services Download  Datasheet Contact Business Model feeds into the Behavioral Goals.  i.e. lead generation
Measures of Success ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Develop the Scorecard before ROI Source: Greater Returns, Aaron Gray 2010
Digital Channel ROI Awareness Leads Sales Loyalty +  Outside insight & Innovation Total Value: Hard Dollars Soft Dollars $ $
AGENDA Overview Data and Data Collection Measurement Framework and ROI Conversion and Retention Focus
Conversion-focused ,[object Object],[object Object],[object Object],[object Object],REAN framework Source: Steve Jackson, Cult of Analytics
What you could do better at: X
Conversion or Retention KPIs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Customized Alerts
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Segmentation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Segmentation Segmentation Source: Smart Insights, Dave Chaffey 2010
Custom Report Types  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Source: Smart Insights, Dave Chaffey 2010
[object Object]

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Tavant4Pak Webinar WebAnalytics Aug192010

  • 1. Information Overload: Outcome Driven Analytics August 19, 2010 Chae J. Pak [email_address] Matthew Wood [email_address] © 2010, Tavant Technologies, Tavant4Pak.com
  • 2. AGENDA Overview Data and Data Collection Measurement Framework and ROI Conversion and Retention Focus
  • 3.
  • 4.
  • 5. Current State Source: Web Analytics Association Industry Outlook Survey 2010 What will be your top Web analytics initiatives in 2010?
  • 6. AGENDA Overview Data and Data Collection Measurement Framework and ROI Conversion and Retention Focus
  • 7.
  • 10. Monitoring Vendor Comparison Source: The Forrester Wave™: Listening Platforms, Q1 2009
  • 11. If you want to stay connected
  • 12. Measurement Maturity Scale 0 Money Time Novice Amateur Expert Master Identify KPIs Benchmark Competitors No Segmentation Test multiple landing pages and ads Buyer Funnel Analysis Preference Segmentation Systematic testing of online activities Compelling and effective ‘call to actions’ A/B multivariate testing Online Surveys Customer engagement segmentation Structured approach to improving conversion Align keywords, landing pages, and ‘call to actions’ Multi-channel customer experience Event-triggered email or contact Behavioral/ Psychological segmentation
  • 13. M-Scale: Novice - Monitor traffic directly - Tells you exactly what people did on your site 0 Money Time Novice Amateur Expert Master Identify KPIs Benchmark Competitors No Segmentation Test multiple landing pages and ads Buyer Funnel Analysis Preference Segmentation Systematic testing of online activities Compelling and effective ‘call to actions’ A/B multivariate testing Online Surveys Customer engagement segmentation Structured approach to improving conversion Align keywords, landing pages, and ‘call to actions’ Multi-channel customer experience Event-triggered email or contact Behavioral/ Psychological segmentation Amateur Expert Master Amateur Expert
  • 14. M-Scale: Amateur – Monitor the same group of people across the internet – Extrapolate the size of your audience – Tell you a great deal about characteristics of your audience and how you rank compared to other sites 0 Money Time Novice Amateur Expert Master Identify KPIs Benchmark Competitors No Segmentation Test multiple landing pages and ads Buyer Funnel Analysis Preference Segmentation Systematic testing of online activities Compelling and effective ‘call to actions’ A/B multivariate testing Online Surveys Customer engagement segmentation Structured approach to improving conversion Align keywords, landing pages, and ‘call to actions’ Multi-channel customer experience Event-triggered email or contact Behavioral/ Psychological segmentation Amateur Expert Master Amateur Expert
  • 15. M-Scale: Expert Survey – Get detailed responses from a select group of invitees, based on business rules Feedback Widget – Get quick feedback and short survey responses from self-selected group – End user submit ideas –how to make your site better Product Reviews – E-Commerce specific – Find out what people think of the products you’re selling; allow shoppers to read reviews from other shoppers, even if they didn’t shop on your site – Especially valuable for product manufacturers Survey Widgets Reviews 0 Money Time Novice Amateur Expert Master Identify KPIs Benchmark Competitors No Segmentation Test multiple landing pages and ads Buyer Funnel Analysis Preference Segmentation Systematic testing of online activities Compelling and effective ‘call to actions’ A/B multivariate testing Online Surveys Customer engagement segmentation Structured approach to improving conversion Align keywords, landing pages, and ‘call to actions’ Multi-channel customer experience Event-triggered email or contact Behavioral/ Psychological segmentation Amateur Expert Master Amateur Expert
  • 16.
  • 17. AGENDA Overview Data and Data Collection Measurement Framework and ROI Conversion and Retention Focus
  • 18. Measurement Framework Market insights Customer (inc searches) Competitors Intermediaries Summary performance dashboards Web analytics & optimization Traffic Engagement Value Brand Searches Conversations Engagement Health Commercial Sales Customers Finance Digital marketing management system Intelligent alerting and diagnosis
  • 19. Digital Marketing System Business Model (per activity) - How does your activity convert into value Behavior Goals - Specific behaviors that contribute value directly or lead to value within the business model Measures of success - How you quantify achievement of a specific behavior goal online Market insights Customer (inc searches) Competitors Intermediaries Summary performance dashboards Web analytics & optimization Traffic Engagement Value Brand Searches Conversations Engagement Health Commercial Sales Customers Finance Digital marketing management system Intelligent alerting and diagnosis
  • 20. Business Models - Samples
  • 21. Behavioral Goals Land on Site View Product Add to Cart Buy Use the Engagement Model Approach
  • 22. Behavioral Goals Source: Greater Returns, Aaron Gray 2010
  • 23. Behavioral Goals Land on Site Browse Services Download Datasheet Contact Business Model feeds into the Behavioral Goals. i.e. lead generation
  • 24.
  • 25. Develop the Scorecard before ROI Source: Greater Returns, Aaron Gray 2010
  • 26. Digital Channel ROI Awareness Leads Sales Loyalty + Outside insight & Innovation Total Value: Hard Dollars Soft Dollars $ $
  • 27. AGENDA Overview Data and Data Collection Measurement Framework and ROI Conversion and Retention Focus
  • 28.
  • 29. What you could do better at: X
  • 30.
  • 32.
  • 33.
  • 34.