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Creating and Delivering Client Value Beyond Web Analytics to Digital Marketing Success

Beyond web analytics to Digital Marketing Success

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Page 1: Beyond web analytics to Digital Marketing Success

Creating and Delivering Client Value

Beyond Web Analytics

to Digital Marketing Success

Page 2: Beyond web analytics to Digital Marketing Success

Today’s Presenters

Bill Bruno

President, Stratigent LLC

[email protected]

(630) 658-2215

© 2011 IBM Corporation2

@BillBruno

Lee Isensee

Product Marketing Manager, IBM

[email protected]

@OMLee

Page 3: Beyond web analytics to Digital Marketing Success

Transforming The Way Organizations Leverage Data

From one-time engagements to long-term partnerships, Stratigent can help you build a best-in-class analytics

© 2011 IBM Corporation3

Stratigent can help you build a best-in-class analytics program by achieving balance across the following areas:

• Strategy• Implementation• Benchmarking• Optimization

Page 4: Beyond web analytics to Digital Marketing Success

At IBM, we are harnessing marketing changes is through Smarter Commerce

BuyDrives intelligent,

adaptive and

optimized

extended supply

chains based on

customer

MarketCreates

personalized and

relevant offers

with unified

cross-channel

marketing

Sourcing, controlling

and procurement of

goods and services

Targeted and

personalized

marketing across all

MarketBuy

Insight Strategy

© 2011 IBM Corporation4

customer

demand

ServiceAnticipates

behavior and

delivers flawless

customer service

across all

channels

Sell Enables

customers and

partners to

buy what they

want, when and

where

goods and services marketing across all

customer interactions

Selling and fulfillment

of products and

services across

all channels

Servicing

customer needs

across all

interaction

channels

Service Sell

Customer

Engagement

Page 5: Beyond web analytics to Digital Marketing Success

At IBM, we are harnessing marketing changes is through Smarter Commerce

BuyDrives intelligent,

adaptive and

optimized

extended supply

chains based on

customer

MarketCreates

personalized and

relevant offers

with unified

cross-channel

marketing

Sourcing, controlling

and procurement of

goods and services

Targeted and

personalized

marketing across all

MarketBuy

Insight Strategy

© 2011 IBM Corporation5

customer

demand

ServiceAnticipates

behavior and

delivers flawless

customer service

across all

channels

Sell Enables

customers and

partners to

buy what they

want, when and

where

goods and services marketing across all

customer interactions

Selling and fulfillment

of products and

services across

all channels

Servicing

customer needs

across all

interaction

channels

Service Sell

Customer

Engagement

Page 6: Beyond web analytics to Digital Marketing Success

At IBM, we are harnessing marketing changes is through Smarter Commerce

BuyDrives intelligent,

adaptive and

optimized

extended supply

chains based on

customer

MarketCreates

personalized and

relevant offers

with unified

cross-channel

marketing

Sourcing, controlling

and procurement of

goods and services

Targeted and

personalized

marketing across all

MarketBuy

Insight Strategy

© 2011 IBM Corporation6

customer

demand

ServiceAnticipates

behavior and

delivers flawless

customer service

across all

channels

Sell Enables

customers and

partners to

buy what they

want, when and

where

goods and services marketing across all

customer interactions

Selling and fulfillment

of products and

services across

all channels

Servicing

customer needs

across all

interaction

channels

Service Sell

Customer

Engagement

Page 7: Beyond web analytics to Digital Marketing Success

Web Analytics provides marketers with answers for increasing return on marketing investments

� Web, social, and mobile analytics

� Advanced segmentation

© 2011 IBM Corporation

� Impression attribution

� Multichannel analytics

� Customer lifecycle visibility

� Benchmark against peers

7

Page 8: Beyond web analytics to Digital Marketing Success

Customer

expectations of

service, price and

delivery are soaring.

Customers now have

unlimited access to

information and can

instantly share it

with the world

Social networking and

mobile commerce

have dramatically

changed the dynamic

between buyer and

seller.

This is the age of the empowered customer

Get it now or

go elsewhere!

© 2011 IBM Corporation8

155 millionNumber of tweets sent

via Twitter each day

75%Percentage of people who

believe companies don’t tell

the truth in advertisements

$93 billionAmount in sales missed due

to out of stock inventory

Page 9: Beyond web analytics to Digital Marketing Success

Today’s customers expect a consistent and relevant experience across multiple channels and across sessions

Email

Paid

Display

Ad

Natural

Search

Mobile

Returned via a

Came to the site

via Natural Mobile

Social

Became a

© 2011 IBM Corporation9

Paid

Search

Searched

for HDTV

on Google

Purchased

out-of-stock

blu-ray player

after scanning

QR code in-

store

Responded to

newsletter TV

clearance link

Returned via a

display ad click;

picked a product

recommendation

on site

via Natural

Search, entered

discount code

and purchased

at TV

Mobile

Calls support

center for

help setting

up the blu-ray

player

Became a

Facebook

fan and

read user

reviews

about TVs

Page 10: Beyond web analytics to Digital Marketing Success

Moving From a Schema to a Strategy

© 2011 IBM Corporation10

Page 11: Beyond web analytics to Digital Marketing Success

Moving From a Schema to a Strategy

© 2011 IBM Corporation11

Page 12: Beyond web analytics to Digital Marketing Success

Agenda

�Framework for Multi-Channel Analytics

�Examples of Integrations

�An Approach to Analysis

© 2011 IBM Corporation12

Page 13: Beyond web analytics to Digital Marketing Success

Example Environment

© 2011 IBM Corporation@BillBruno

Page 14: Beyond web analytics to Digital Marketing Success

Three Approaches to Analytics Integrations

�Back-end, physical integration

�Front-end integration (presentation only)

� Integrated strategy (which usually requires both back-end

and front-end integrations)

© 2011 IBM Corporation@BillBruno

and front-end integrations)

Page 15: Beyond web analytics to Digital Marketing Success

� Data is

collected by

separate tools

SEPARATESEPARATE

Data Integration ClassificationsData Integration Classifications

© 2011 IBM Corporation

separate tools

� Reported

separately

� Focus is on optimizing a

single channel

based on single channel

inputs

Page 16: Beyond web analytics to Digital Marketing Success

� Data is

collected by

separate tools

SEPARATESEPARATE SUPPLEMENTSUPPLEMENT

� Focus is still

on a single

channel, but

Data Integration ClassificationsData Integration Classifications

© 2011 IBM Corporation

separate tools

� Reported

separately

� Focus is on optimizing a

single channel

based on single channel

inputs

channel, but

data may be supplemented

to add context

Page 17: Beyond web analytics to Digital Marketing Success

� Data is

collected by

separate tools

SEPARATESEPARATE SUPPLEMENTSUPPLEMENT

� Focus is still

on a single

channel, but

COORDINATECOORDINATE

� Integration by

consolidating

data collection

Data Integration ClassificationsData Integration Classifications

© 2011 IBM Corporation

separate tools

� Reported

separately

� Focus is on optimizing a

single channel

based on single channel

inputs

channel, but

data may be supplemented

to add context

data collection

or simply by displaying data

in one view

� Focus is still

on single

channel

optimization, but with more external inputs

Page 18: Beyond web analytics to Digital Marketing Success

� Data is

collected by

separate tools

SEPARATESEPARATE SUPPLEMENTSUPPLEMENT

� Focus is still

on a single

channel, but

COORDINATECOORDINATE

� Integration by

consolidating

data collection

RELATERELATE

� More interest

in the ways

channels relate

Data Integration ClassificationsData Integration Classifications

© 2011 IBM Corporation

separate tools

� Reported

separately

� Focus is on optimizing a

single channel

based on single channel

inputs

channel, but

data may be supplemented

to add context

data collection

or simply by displaying data

in one view

� Focus is still

on single

channel

optimization, but with more external inputs

channels relate

� Shared goals

but minimal

dependencies and channels

are treated

equally

Page 19: Beyond web analytics to Digital Marketing Success

COLLABORATECOLLABORATE

� Integration is

more about

strategy than

� Data is

collected by

separate tools

SEPARATESEPARATE SUPPLEMENTSUPPLEMENT

� Focus is still

on a single

channel, but

COORDINATECOORDINATE

� Integration by

consolidating

data collection

RELATERELATE

� More interest

in the ways

channels relate

Data Integration ClassificationsData Integration Classifications

© 2011 IBM Corporation

strategy than

data

� Focus is on

optimizing toward a

common goal,

with each

channel playing a different role

separate tools

� Reported

separately

� Focus is on optimizing a

single channel

based on single channel

inputs

channel, but

data may be supplemented

to add context

data collection

or simply by displaying data

in one view

� Focus is still

on single

channel

optimization, but with more external inputs

channels relate

� Shared goals

but minimal

dependencies and channels

are treated

equally

Page 20: Beyond web analytics to Digital Marketing Success

Example: Multiple Channels Example: Multiple Channels

© 2011 IBM Corporation

Page 21: Beyond web analytics to Digital Marketing Success

Example: Website & Traffic Drivers Example: Website & Traffic Drivers

© 2011 IBM Corporation

Page 22: Beyond web analytics to Digital Marketing Success

Example: Analytics IntegrationsExample: Analytics Integrations

1Video

Integrate Video metrics into your analytics dataset

© 2011 IBM Corporation

2Voice of Customer

Bring attitudinal data into your dataset

3CRM

Segment your analytics by integrating your CRM system

4Affiliate

Import affiliate data for your analytics reporting

Page 23: Beyond web analytics to Digital Marketing Success

Example: Facebook & CRMExample: Facebook & CRM

© 2011 IBM Corporation

Page 24: Beyond web analytics to Digital Marketing Success

Example: Social Media DashboardExample: Social Media Dashboard

© 2011 IBM Corporation

Page 25: Beyond web analytics to Digital Marketing Success

Example: MultiExample: Multi--Channel DashboardChannel Dashboard

© 2011 IBM Corporation

Page 26: Beyond web analytics to Digital Marketing Success

Example: ChannelExample: Channel--specific KPIsspecific KPIs

© 2011 IBM Corporation

Page 27: Beyond web analytics to Digital Marketing Success

Example: Cross Channel KPIsExample: Cross Channel KPIs

© 2011 IBM Corporation

Page 28: Beyond web analytics to Digital Marketing Success

Example: Facebook CampaignExample: Facebook Campaign

© 2011 IBM Corporation

Page 29: Beyond web analytics to Digital Marketing Success

Example: Global KPIsExample: Global KPIs

© 2011 IBM Corporation

Page 30: Beyond web analytics to Digital Marketing Success

DATA ANALYSIS PROCESS

© 2011 IBM Corporation

DATA ANALYSIS PROCESS

Page 31: Beyond web analytics to Digital Marketing Success

Data Analysis is a Four Step Process

DEFINE DISASSEMBLE EVALUATE DECIDE

Explicitly state the problem

Break the problem and

Observe, compare,

Make actionable

© 2011 IBM Corporation31

the problem you are trying to solve

problem and the data into smaller pieces

compare, investigate, conclude

actionable recommend-ations

Page 32: Beyond web analytics to Digital Marketing Success

State the problem you are trying to solve

�Be explicit

�Beware of biased questions

DEFINE DISASSEMBLE EVALUATE DECIDE

© 2011 IBM Corporation32

–For example, if your business driver was Leads, then:

–Wrong Question : “How can we increase page views per visit?” (Unless you have evidence that PVPV directly influences Leads)

–Better Question: “How can we increase conversions?”

�Prioritize based on urgency AND importance

Page 33: Beyond web analytics to Digital Marketing Success

Break it into smaller pieces

� Identify influencers and diagnostics

�Segment and drill down

DEFINE DISASSEMBLE EVALUATE DECIDE

© 2011 IBM Corporation33

�Manage confounders by isolating a control

�Create visualizations

�Summarize what you know

Page 34: Beyond web analytics to Digital Marketing Success

Observe, compare, investigate, conclude

�Look for relationships, patterns, and anomalies

�Make comparisons

DEFINE DISASSEMBLE EVALUATE DECIDE

© 2011 IBM Corporation34

– Time Series: How does the data change over time?

– Rank: What is the relative position?

– Composition: What are the constituent parts?

– Distribution: How does it spread out across a range?

– Target: How does it compare to targets or benchmarks?

– Correlation: What is the relationship between two values?

�Ask “Why?” and answer “So What?”

Page 35: Beyond web analytics to Digital Marketing Success

Make actionable recommendations

� If you can’t recommend, at least provide next steps

� Identify implications associated with each option

DEFINE DISASSEMBLE EVALUATE DECIDE

© 2011 IBM Corporation35

�Which option would you choose? Leaders always have a point of view (although perhaps cautious about expressing it).

�Be cautious, but don’t obscure your recommendations with excessive caveats

�Don’t make the same recommendation more than two consecutive times

Page 36: Beyond web analytics to Digital Marketing Success

Turn insight into new opportunities to engage and retain customers

It takes an average of 6.8 digital interactions before conversion.

Loyalty

© 2011 IBM Corporation

If you don’t convert a visitor, someone else likely will.

36

Reactivation

Page 37: Beyond web analytics to Digital Marketing Success

Turn behavioral data into actionable insights

© 2011 IBM Corporation

Marketers need insight into the full customer profile and journey to more

effectively understand and optimize the digital presence of their brands.

On average, an individual may be exposed to anywhere from 100 to

500 ads per day.

37

Page 38: Beyond web analytics to Digital Marketing Success

Q & A

© 2011 IBM Corporation

Q & A

Page 39: Beyond web analytics to Digital Marketing Success

Today’s Presenters

Bill Bruno

President, Stratigent LLC

[email protected]

(630) 658-2215

© 2011 IBM Corporation39

@BillBruno

Lee Isensee

Product Marketing Manager, IBM

[email protected]

@OMLee

Page 40: Beyond web analytics to Digital Marketing Success

© 2011 IBM Corporation