The document provides a comprehensive overview of web analytics strategy, emphasizing the importance of measurement, testing, and taking action based on data insights. It outlines a strategic analytics process consisting of planning, implementation, analysis, and improvement, along with key performance indicators (KPIs) that need to be monitored. The talk stresses the necessity of proper tagging, audience-focused reporting, and continuous optimization to enhance business outcomes through effective analytics.
Overview of Web Analytics Strategy, in-house program management, and optimizing products using analytics.
Analytics focuses on measuring, testing, and taking action based on insights from data. Successful innovation requires proper measurement.
The Strategic Analytics Process involves four stages: Planning, Implementation, Analysis, and Improvement with key components like Business Goals and KPIs.
Planning involves defining business goals, KPIs, audience, and reporting strategy. Emphasizes the importance of thorough planning before implementation.
The implementation phase includes choosing platforms wisely, careful tagging strategies, and data collection validation to ensure accurate tracking.Analysis tips involve starting broad, diving deep into unexpected data, and correlating metrics for insights. Focus on ongoing tracking and experimentation.
Improvement involves updating action plans monthly, enhancing tagging strategies, testing designs, and planning new campaigns to drive value.
Guidelines for conducting A/B testing effectively, including hypothesis formulation, controlling variables, and deriving learnings from test outcomes.
Final thoughts emphasize the importance of taking action based on analytics, treating analytics as a strategic program, and advocating for data-driven decisions.
–– About thisTalk ––
This talk is about Web Analytics Strategy,
Managing an in-house analytics program,
And leveraging analytics to optimize your product.
3.
The Analytics Mission
Analyticsinvolves measuring, testing and storytelling.
But it’s real purpose is to TAKE ACTION to improve,
based on insights from well-interpreted data.
If you won’t take action, don’t bother with analytics.
4.
Innovate wisely…
Making changesis risky—you may alienate customers,
or over-invest in the wrong things and not know why.
You can be very busy innovating yourself
into failure if you are not measuring outcomes and
taking the right actions all the time.
Strategic Analytics Process
1Planning 2 Implementation 3 Analysis 4 Improvement
Business Goals
KPI Worksheet
Analytics Spec
Reporting Plan
Tool Configuration
Development
Validation/QA
Data Collection
Automated Reporting
Executive Dashboard
Investigative Analysis
Optimization Analysis
Action Plan
New Tagging
New Campaigns
Experimental Testing
9.
Strategic Analytics Process
1Planning 2 Implementation 3 Analysis 4 Improvement
Business Goals
KPI Worksheet
Analytics Spec
Reporting Plan
Tool Configuration
Development
Validation/QA
Data Collection
Automated Reporting
Executive Dashboard
Investigative Analysis
Optimization Analysis
Action Plan
New Tagging
New Campaigns
Experimental Testing
Analytics Planning ina Nutshell
State your
business goals
Define your
KPIs
Determine your
audience
Design your
reporting
strategy
Plan your
analytics
requirements
12.
Key Performance Indicators
Total
Revenue
#of Leads
Conversion
Rate
Site Traffic Registrations # of Logins
Email Open
Rate
Call
reduction
Customer
Satisfaction
Bounce Rate
Visits /
Page Views
Session
Length
Top Content Top Products
Average
Order Size
Campaign
Results
Top
Countries
Time Zones
Unique
Visitors
Pages
Visited
Social
Shares
Error Rates
Top
Keywords
Entry/Exit
Page
You may measure everything,
but your KPIs are the few
metrics you monitor closely
Total
Revenue
Site Traffic
Bounce Rate
Average
Order Size
Unique
Visitors
Entry/Exit
Page
13.
Know Your Audience
ExecutivesHigh-level, trended, broad business-oriented metrics.
Will always have unexpected and interesting questions.
Marketers Effectiveness of online and email campaigns, conversion rates for
e-commerce, lead generation.
Product Managers Overall product health, customer satisfaction, positive trends,
effectiveness of features, areas for opportunity.
Developers Evidence of robust activity throughout the application, system
downtime, UI errors and other failure points.
User Experience Actual vs. expected user flows, level of engagement, user errors,
and major drop offs in key flows.
14.
Design the
Right Reports
forthe Right
Audiences
Executives
Marketers
Product Managers
Developers
User Experience
End of Year
Summary
Ad Hoc/Deep
Dive Reports
Weekly Email
Dashboard
Campaign
Summaries
Monthly
Presentation
15.
Plan before implementing
Start by recalling your KPIs, Audience and Reporting Strategy
Identify all the things you need to measure
Carefully document your tagging strategy, parameters, metadata
Only then, move on to implementation
Strategic Analytics Process
1Planning 2 Implementation 3 Analysis 4 Improvement
Business Goals
KPI Worksheet
Analytics Spec
Reporting Plan
Tool Configuration
Development
Validation/QA
Data Collection
Automated Reporting
Executive Dashboard
Investigative Analysis
Optimization Analysis
Action Plan
New Tagging
New Campaigns
Experimental Testing
6 Tips forImplementation
1. Choose your platform wisely
2. Don’t be lazy with your tagging
strategy–it will serve you or haunt
you for years
3. Use JS for sites and SDKs for
applications
4. Filter activity from your company
network and dev servers
5. Validate your data collection
before go-live
6. Use tools that work together to get
the big picture
Strategic Analytics Process
1Planning 2 Implementation 3 Analysis 4 Improvement
Business Goals
KPI Worksheet
Analytics Spec
Reporting Plan
Tool Configuration
Development
Validation/QA
Data Collection
Automated Reporting
Executive Dashboard
Investigative Analysis
Optimization Analysis
Action Plan
New Tagging
New Campaigns
Experimental Testing
Analysis Tips
Start Broad,Looking Across your KPIs
Dive Deep
where
something is
unexpected
Revenue Traffic Conversions Bounce Rate Error Rate
Product Mix
Average Price
Items in Cart
Promotions
Seasonality
Investigate and
correlate to get better
understanding
• Track closely over time
• Make modifications
• Run experimental tests
Take action
24.
Analytics Organizational MaturityModel
Ad hoc analysis
Omnichannel
Personalization
Segmentation
Optimization
Basic tracking
Standard dashboards
Automation
3
2
1
25.
6 Tips forAnalysis
1. Start broad, go deep, correlate
2. Use different methods to gain
understanding, including surveys and
user feedback
3. Build hypotheses before designing
solutions
4. Measure & optimize marketing
effectiveness (SEM, SEO, Email,
Display, Social & etc.)
5. Look for meaningful segmentation
as you analyze – regions, devices,
demographics, new vs. returning
visitor
Strategic Analytics Process
1Planning 2 Implementation 3 Analysis 4 Improvement
Business Goals
KPI Worksheet
Analytics Spec
Reporting Plan
Tool Configuration
Development
Validation/QA
Data Collection
Automated Reporting
Executive Dashboard
Investigative Analysis
Optimization Analysis
Action Plan
New Tagging
New Campaigns
Experimental Testing
28.
Where do wego from here?
1. To keep up progress,
create or update your action plan every month
2. For deeper insights,
implement more sophisticated tagging strategies
3. To drive more value,
plan new campaigns and track their performance
4. To optimize,
test different designs to find the most effective ones
7 Tips forA/B Testing
1. Have an informed Hypothesis
2. Have a clear Control
3. Test only worthwhile designs
4. Let the test run until your sample
size is dependable
5. Avoid changing too many design
variables at once
6. Make sure you are learning WHY,
not just WHICH won
7. Start a betting pool to get people
engaged
32.
What did allthis mean?
4 take aways
Measure so you can take action
Analytics is a full-time job, a strategic program
Advocate for analytic insights because they’re not intuitive
Analytics will drive better design decisions and business outcomes
#13 Business Goals & KPIs – a Brainstorm
Revenue ($) generated through website vs. total company revenue
New customer leads from website vs. other channels
What the “conversion rate” of visitors to hot leads to wins is
Amount (%) of leads that “convert” to actual customers
Relative interest in Consulting vs. Training/Events vs. Research Reports
The amounts business ($) generated online for Consulting Services vs Training/Events vs Research Reports
Effectiveness of online promotional campaigns (website, email and display ads)
Increase in online signups & transactions, correlated reduction in calls or emails
Overall Customer Satisfaction with online channel
Website Goals & KPIs – a Brainstorm
What are the overall site traffic trends?
How long visitors spend on the site?
What devices (desktop/mobile), operating systems and browsers are they using?
What countries and time zones are they visiting from, what language are represented?
At what rate (%) do visitors hit the homepage and “bounce” immediately?
How much (# of pages) content they look at?
Which content is the most popular (viewed), downloaded or shared socially?
What content is most popular to visitors who convert to leads?
Where are visitors coming from?
What are the traffic trends over the course of months or years?
When do visits spike or ebb?
What effect changes to the website made to strategic KPIs?
And more, and more, and more…
#19 Core Analytics – Adobe Analytics, Adobe Insights, Google, Webtrends, CoreMetrics
Session Replays – ClickTale, CrazyEgg, TeaLeaf
Tag Management – Tealium
App Analytics – Mixpanel
A/B Testing – Optimizely
CMS – Autonomy
User Research – UserZoom, Foresee
Marketing – Paid, SEO and Social (AdWords, Marin, Kensho, Marketo)
Business Intelligence – MicroStrategies, Tableau, QlikView