Analytics
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Transcript of Analytics
Analytics
Concepts in evaluating a piece of communication
Goals(and Objectives)
Goals
I want to:
Increase exposure by doubling traffic to our site
Improve the perception of our brand
Grow our profit by 10%
Establish our brand in Asia
Build community/buzz
Slide by Brandon Prebynski
Different tools measure different goals
Do you need qualitative measures or quantitative?
People are saying she wants to break up with you.
In the last month, she has answered only one of my 57 text messages.
Slide adapted from Brandon Prebynski
Content Audit Media impressions
Slide adapted from Brandon Prebynski
Focus group Website hits
Slide by Brandon Prebynski
Slide by Brandon Prebynski
What are we trying to measure?
• Unaided awareness
• Exposure
• Engagement
• Opinion
• Conversion
• Negative metrics
Unaided awareness
Tools:• Alerts • Survey• Content audit
What it tells you:How well known about your brand/product is.
What it doesn’t (really) tell you:What people think about your brand/product.How your outreach campaign is doing.
Exposure
Tools:• Unique visitors• Open-rates• New vs. return
What it tells you:How many people have seen your communication/marketing materials. Audience size and growth
What it doesn’t (really) tell you:What people think about your brand/product.How engaged they are.If they’re going to buy.
Engagement
Tools:• Time on site• click-throughs• Average pageviews
What it tells you:How engaging/interesting do people find your content.
What it doesn’t (really) tell you:What your reach is.If they’re going to buy.
Opinion
Tools:Focus groupsContent auditSM Alerts
What it tells you:How people, at any given moment, are feeling about your brand/product (qualitative)
What it doesn’t (really) tell you:What your reach is.Universal perspective If they’re going to buy.
Conversion
Tools:Website analyticsPurchasesTailored linksA/B testing
What it tells you:Did your content achieve your goal? Did it drive sales/downloads/action.
What it doesn’t (really) tell you:Likelihood to repeat the actionAudience size/ reach
Negative Analytics
Tools:Bounce ratesOpt-OutsContent audit
What they tell you:Something’s not working.
What they don’t (really) tell you:Exactly what that is.
Analytics tools for print, websites, email, PR (content audit), social media.
Cookies
Visits / Visitors
A count of all the sessions in a given time period
How sessions start/end• The visitor exits the website• The visitor leaves the page inactive for 29 min
Unique Visitors
A count of all of the individual computers visiting a website during a given time period.
Example of an analytics report
Time on Site:
How long a user spends on a given webpage, as measured by timestamps when they first enter and leave.
Page Views
How many pages did the user visit while on your site?
Bounce Rate
The percent of traffic that stayed on your website for less than 5 seconds.
Or, for email: The percentage of emails that didn’t get through.
Conversion rates
Of your total pool, how many people took the action you wanted them to take?
Social Media Metrics
• Awareness/Exposure
• Engagement
• Opinion
• Conversion
• Negative metrics
Followers, blog subscribers, unique visitors.
Wall comments, sharing, RT, inbound, FF
Comments, Alerts, FF
Alerts, opt-out
But enough about E-Communications…
Public Relations Content AuditPOPs
Placements/comments
Journalism POPs CirculationReadership
Advertising POPs impressions
Qualitative Quantitative
Content Audits
Assigning a value score for coverage/mentionsof your brand, message or product.
Benchmarks
Email Benchmarks
Evaluating the data, making decisions.
EngagementAwareness/Exposure
Unique visitorsViewsSearch TermsFans/followers
Time on sitePage ViewsCommentsReturn Visits
OpinionContent auditSM Listening toolsSurveysFocus GroupsBehavior
FunctionalityBounce RateTime on SiteReturn VisitsDrastic changes to anymetric
ROI = (X – Y) Y
Return on Investment Equation
Where X is your final value and Y is your starting value. So, if you invest $5 and get back $20, your ROI is (20 – 5) / 5 = 3 times your initial investment.
Slide by Brandon Prebynski
Determining Return on Investment
Scenarios
Group 1: Entity: Marketing FirmGoal: Get people to sign up for their Awards Night EventChannels: Email and Website landing page
Open Rate: (high)Click Through Rate (low)Sign-Ups on Website: (moderate)
Group 2:
Entity: Committee to Re-elect Deval PatrickGoal: Drive online donationsChannel: Web
Page Views: HighUnique Visitors: LowConversion: LowTime on site: Moderate
Group 3:
Entity: YouGoal: Trying to build your reputation as an expertChannel: Your personal blog
Unique Visitors: growing by 20%Time on site: declining by 10%Return Visitors: flatComments: Low
Group 4:
Entity: Ann Taylor ClothingGoal: Drive sales of the fall line
Visits: HighUnique Visits: HighTime on site: HighConversions: Low