Photo Credit: keeva999 via Compfightkeeva999Compfight Creating a Data Driven Organization By Jeff Sauer Founder of Knowledge Land
Understanding Analytics
Defining Analytics
Interest in Analytics is Growing Source: Google Knowledge Graph
Analytics Turns Data into Information and Knowledge Data vs. Information vs. Knowledge:
Creating Institutional Knowledge and Wisdom Data Information Knowledge Wisdom Continuum -
Analytics Tells Stories Through Data
Vendor Landscape
Evolution of Web Analytics 9 Source - / /
Grinnell Has Chosen Google Analytics
Google Analytics is Fully Featured
Establish Common Objectives
Start With Defining Our Purpose What is the Purpose of Your Website?
Start With Customer Thought Process Researching Trends Generating Ideas Learning How Product Research Comparing Products Purchase Is This Our Target?
Start With Customer Thought Process Researching Trends Generating Ideas Learning How Product Research Comparing Products Purchase Is This Our Target?
Start With Customer Thought Process Researching Trends Generating Ideas Learning How Product Research Comparing Products Purchase Is This Our Target?
Determining Website Purpose Identify Business Objectives Define Goals Key Performance Indicators Set Targets Identify Responsibilities
Company Purpose Objective 1: Generate Leads Website Goal: Lead Generated KPI: Total Leads Generated Target: 100/month Key Players: Search Print Website Goal: Phone Call KPI: Phone Calls Received Target: 1,000/month Key Players: Marketing Call Center Print Objective 2: Brand Visibility Website Goal: Lead Generated KPI: Number of Brand Impressions Target: 1,000,000/month Key Players: Marketing Advertising Agency Partners Objective 3: Brand Loyalty Website Goal: Repeat Customers KPI: Repeat Purchases Target: 10,000/month Key Players: Print Call Center Start With Website Purpose
Company Purpose Objective 1: Generate Leads Website Goal: Lead Generated KPI: Total Leads Generated Target: 100/month Key Players: Search Print Website Goal: Phone Call KPI: Phone Calls Received Target: 1,000/month Key Players: Marketing Call Center Print Objective 2: Brand Visibility Website Goal: Lead Generated KPI: Number of Brand Impressions Target: 1,000,000/month Key Players: Marketing Advertising Agency Partners Objective 3: Brand Loyalty Website Goal: Repeat Customers KPI: Repeat Purchases Target: 10,000/month Key Players: Print Call Center Now add Objectives
Company Purpose Objective 1: Generate Leads Website Goal: Lead Generated KPI: Total Leads Generated Target: 100/month Key Players: Search Print Website Goal: Phone Call KPI: Phone Calls Received Target: 1,000/month Key Players: Marketing Call Center Print Objective 2: Brand Visibility Website Goal: Lead Generated KPI: Number of Brand Impressions Target: 1,000,000/month Key Players: Marketing Advertising Agency Partners Objective 3: Brand Loyalty Website Goal: Repeat Customers KPI: Repeat Purchases Target: 10,000/month Key Players: Print Call Center Add in Goals
Company Purpose Objective 1: Generate Leads Website Goal: Lead Generated KPI: Total Leads Generated Target: 100/month Key Players: Search Print Website Goal: Phone Call KPI: Phone Calls Received Target: 1,000/month Key Players: Marketing Call Center Print Objective 2: Brand Visibility Website Goal: Lead Generated KPI: Number of Brand Impressions Target: 1,000,000/month Key Players: Marketing Advertising Agency Partners Objective 3: Brand Loyalty Website Goal: Repeat Customers KPI: Repeat Purchases Target: 10,000/month Key Players: Print Call Center Define KPIs and Targets
Company Purpose Objective 1: Generate Leads Website Goal: Lead Generated KPI: Total Leads Generated Target: 100/month Key Players: Search Print Website Goal: Phone Call KPI: Phone Calls Received Target: 1,000/month Key Players: Marketing Call Center Print Objective 2: Brand Visibility Website Goal: Lead Generated KPI: Number of Brand Impressions Target: 1,000,000/month Key Players: Marketing Advertising Agency Partners Objective 3: Brand Loyalty Website Goal: Repeat Customers KPI: Repeat Purchases Target: 10,000/month Key Players: Print Call Center Finalize Measurement Model
Beyond the Data
Google Analytics = The What Google Analytics Teaches us what happened and by how much
Mixing Quantitative with Qualitative Data
Going Beyond the What User Testing Conversion Rate Optimization Voice of Customer Competitive Intelligence Data Visualization
Competitive Example: Insurance Spend Online Source:
Data Driven Organizations
Data Driven Performance Source: “Data-Driven Companies Outperform Competitors Financially”
Amazon is Data Driven
Revenues From Being Data Driven Source:
Google is Data Driven
Most Valuable Customers = Data Driven
The 10/90 Rule for Prioritization “If you have a budget of $100 to make smart decisions about your websites… invest $10 in tools and vendor implementation and spend $90 on Analysts with big brains.” - Avinash Kaushik Best Web Analytics 2.0 Tools: Quantitative, Qualitative, Life Saving!
Empowering Your Organization
What Can Analytics Do for Grinnell? Grow Top Line Revenue Save Money by Minimizing Waste Create Profit from Online Channel Target the Right Customers Embrace Future Generations
How Can Leadership Help? Be Clear With Objectives Provide Useful Feedback Encourage Collaboration Cross-Train Disciplines Make Analytics a Priority Observe the 10/90 Rule
Questions? 38 Jeff Sauer Marketer and Entrepreneur Knowledge.Land Minneapolis, MN, USA google.com/+JeffSauer Newsletter: bit.ly/jeffalytics