Demystifying Metrics and Analytics

22
Demystifying Analytics CUNY School of Journalism Hong Qu @hqu September 30, 2012 Wednesday, October 3, 12

Transcript of Demystifying Metrics and Analytics

Page 1: Demystifying Metrics and Analytics

Demystifying Analytics

CUNY School of Journalism

Hong Qu @hqu

September 30, 2012

Wednesday, October 3, 12

Page 2: Demystifying Metrics and Analytics

About Me

• Masters degree from UC Berkeley School of Information

• Designer at YouTube/Google

• First class of CUNY entrepreneurial journalism students in 2012

• Graduate of Stuyvesant H.S. in NYC

Wednesday, October 3, 12

Page 3: Demystifying Metrics and Analytics

CONTENT

OVERVIEW OF KEY CONCEPTS

• KEY METRICS (KPI)

• USER SEGMENTATION

• OPTIMIZATION TECHNIQUES

SETUP TRACKING AND REPORTS

• WHAT TO TRACK?

• HOW TO READ THE REPORTS

• SOCIAL MEDIA ANALYTICS

DEVISE AN ACTION PLAN

• INSTALL ANALYTICS SOFTWARE

• AUTOMATE REPORTS SCHEDULE

• DATA DRIVEN CONTENT STRATEGY, PROMOTION, DISTRIBUTION, MONETIZATION

Wednesday, October 3, 12

Page 4: Demystifying Metrics and Analytics

KEY CONCEPTS

METRICS

• Unique visitors (Reach)

• Pageviews

• Site

• Category

• Author

• Page

• Cost per Thousand (CPM)

• Click through Rate (CTR)

• Revenue

• Bounce rate

• Traffic sources

• Daily/Weekly/Monthly

SOCIAL MEDIA

• Social Media Fans

• Facebook Likes

• Twitter Followers

• Social Activities

• Email shares

• Embeds

• Facebook shares

• Retweets

USERS

• Visitors

• Return visitors

• Contributors

• Registered user

• Content generators

• Subscribers

• Email list subscribers

• RSS feed subscribers

• Super users

• Customer Acquisition Cost

• Lifetime Value

Wednesday, October 3, 12

Page 5: Demystifying Metrics and Analytics

GOOGLE AD PLANNER

PUBLICLY AVAILABLE STATS FOR ANY SITE

REACH (UNIQUE VISITORS

AUDIENCE DEMOGRAPHICS AND PSYCHOGRAPHICS

USED BY AD AGENCY TO BUY ADS

HTTP://WWW.GOOGLE.COM/ADPLANNER

Wednesday, October 3, 12

Page 6: Demystifying Metrics and Analytics

Wednesday, October 3, 12

Page 7: Demystifying Metrics and Analytics

Wednesday, October 3, 12

Page 8: Demystifying Metrics and Analytics

METRICS FOR PIRATES: AARRR!

ACQUISITION

ACTIVITATION

RETENTION

REFERRAL

REVENUE

HTTP://WWW.YOUTUBE.COM/WATCH?V=IRJGFW0BIRW

Wednesday, October 3, 12

Page 9: Demystifying Metrics and Analytics

HTTP://500HATS.TYPEPAD.COM/500BLOGS/2007/09/STARTUP-METRICS.HTML

Wednesday, October 3, 12

Page 10: Demystifying Metrics and Analytics

HTTP://WWW.SLIDESHARE.NET/DMC500HATS/STARTUP-METRICS-FOR-PIRATES-LONG-VERSION

Wednesday, October 3, 12

Page 11: Demystifying Metrics and Analytics

USAGE LIFECYCLE

HTTP://BOKARDO.COM/ARCHIVES/DESIGNING-FOR-THE-SOCIAL-WEB-THE-USAGE-LIFECYCLE/

The crazy thing is that you probably already have the information you need, but just aren’t surfacing it in your interface design. The important thing to remember is that people don’t become passionate overnight or without cause.

Wednesday, October 3, 12

Page 12: Demystifying Metrics and Analytics

GOOGLE ANALYTICS

INSTALL GOOGLE ANALYTICS

PULLING REPORTS

HOW TO MAKE DECISIONS BASED ON REPORTS?

KEY METRICS TO MONITOR

SCHEDULE AUTOMATIC EMAIL REPORTS

REAL TIME ANALYTICS

HTTPS://MASHABLE.COM/2011/05/24/HOW-TO-USE-GOOGLE-ANALYTICS/

Wednesday, October 3, 12

Page 13: Demystifying Metrics and Analytics

Wednesday, October 3, 12

Page 14: Demystifying Metrics and Analytics

Wednesday, October 3, 12

Page 15: Demystifying Metrics and Analytics

Wednesday, October 3, 12

Page 16: Demystifying Metrics and Analytics

Wednesday, October 3, 12

Page 18: Demystifying Metrics and Analytics

FACEBOOK INSIGHTS

FANS

FRIENDS OF FANS

LIKES

REACH

VIRALITY

POST ACTIVITY

HTTP://WWW.MARKETINGSAVANT.COM/2011/12/A-TUTORIAL-ON-THE-NEW-FACEBOOK-INSIGHTS/

How is Virality defined for each of my Page posts?Virality is the number of people who have created a story from your post as a percentage of the number of people who have seen it.

Wednesday, October 3, 12

Page 19: Demystifying Metrics and Analytics

Wednesday, October 3, 12

Page 20: Demystifying Metrics and Analytics

RECOMENDATIONS

1. OPTIMIZE CONTENT STRATEGY (BEAT)

2. OPTIMIZE TAXONOMY AND SITE NAVIGATION (DESIGN)

3. OPTIMIZE STORYTELLING (WRITING, PHOTOGRAPHY, VIDEO)

4. OPTIMIZE PACKAGING (HEADLINE, THUMBNAIL)

5. OPTIMIZE DISTRIBUTION (SHARES, TRAFFIC SOURCES)

BOOST PAGEVIEWS BY RECYCLING THE ARCHIVE STORIES

ACCELERATE USER BASE GROWTH BY OPTIMIZING DISTRIBUTION

MONETIZE BY RESHAPING CONTENT STRATEGY AND SITE DESIGN

Wednesday, October 3, 12

Page 21: Demystifying Metrics and Analytics

ACTION PLAN

GOOGLE ANALYTICS

• EMAIL REPORTS

• DASHBOARDS

• GOOGLE ANALYTICS REAL TIME

FACEBOOK INSIGHTS

BIT.LY CUSTOM URLS

CUSTOMER SEGMENTATION AND LIFECYCLE

GOOGLE AD PLANNER

Wednesday, October 3, 12

Page 22: Demystifying Metrics and Analytics

Hong Qu @hqu

Questions and Discussion

Wednesday, October 3, 12