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From boring numbers to actual business value Peter Sejersen - [email protected]

From boring numbers to actual business value

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One great thing about websites is that everything can be measured. However, if you only collect the numbers and don't actually act on them, they will be rather useless and won't generate any value. Drawing on case studies from among others Danske Bank, LEGO and Google, Peter Sejersen will explain how web analytics can be turned into a valuable resource that can drive both online activities specifically and the business overall. Peter is an analyst at J. Boye and moderates several of the community of practice groups in the J. Boye network, including groups on online marketing, social media and web technology.

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Page 1: From boring numbers to actual business value

From boring numbers to actual business valuePeter Sejersen - [email protected]

Page 2: From boring numbers to actual business value

Google vs. Grundfos in 2009

Revenue pr. employee $-

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

GoogleGrundfos

Employees0

5000

10000

15000

20000

25000

GoogleGrundfos

Page 3: From boring numbers to actual business value

Agenda

1. Google’s secret

2. Case: LEGO

3. Online analytics the right way

4. Case: Danske Bank

5. Getting started

Page 4: From boring numbers to actual business value

“Yes, it’s true that a team at Google couldn’t decide between two blues, so they’re testing 41 shades between each blue to see which one performs better. I had a recent debate over whether a border should be 3, 4 or 5 pixels wide, and was asked to prove my case. I can’t operate in an environment like that.”

- Douglas Bowman, Google's

(former) Visual Design Leader,

Page 5: From boring numbers to actual business value

Google’s Secret?

They let the numbers decide

Page 6: From boring numbers to actual business value

B2B vs B2C“Being B2B doesn't free the site from attending to the conventional best practices of e-commerce design. The entire distinction between B2B and B2C is rather artificial.”

- Jakob Nielsen

Page 7: From boring numbers to actual business value

Agenda

1. Google’s secret

2. Case: LEGO

3. Online analytics the right way

4. Case: Danske Bank

5. Getting started

Page 8: From boring numbers to actual business value

Case study: LEGO

Page 9: From boring numbers to actual business value

LEGO’s organisational setup

• “Online Intelligence” department with 3 people

• Works with existing websites + new projects

• Focus on training and self service (+ a service hotline)

• Continuous buy-in from top management

• Focus on few KPIs – and remember to set actions

Page 10: From boring numbers to actual business value

Agenda

1. Google’s secret

2. Case: LEGO

3. Online analytics the right way

4. Case: Danske Bank

5. Getting started

Page 11: From boring numbers to actual business value

Online Analytics the right way

1: Commitment

Page 12: From boring numbers to actual business value

Online Analytics the right way

2: Organisation

Page 13: From boring numbers to actual business value

Online Analytics the right way

3: People over tools“10% of the budget

should be spent on tools, and 90% spent on people (brains) who will be responsible for the insights.”

- Avinash Kaushik, Web Analytics an Hour a Day

Page 14: From boring numbers to actual business value

Agenda

1. Google’s secret

2. Case: LEGO

3. Online analytics the right way

4. Case: Danske Bank

5. Getting started

Page 15: From boring numbers to actual business value

Case study: Danske Bank

Page 16: From boring numbers to actual business value

Danske Bank: Commitment

Page 17: From boring numbers to actual business value

Danske Bank: Book a meeting

• Improved the formula for “Book a meeting”

• Improved the conversion rate by 2% = 1900 meetings pr. year

• Outcome: more money earned and money saved via self-service

• But… how to interpret the number?

Page 18: From boring numbers to actual business value

Danske Bank: Organisation

• 3 full time employees (actually 1 + 4 half-time)

• Competencies: Finances, commercial, marketing, technology, coding, business understanding.

• Still a part of the web team – but getting more and more involved in the business

• Communication: Need to speak many languages

• Training: Training, training, training… and training!

Page 19: From boring numbers to actual business value

Agenda

1. Google’s secret

2. Case: LEGO

3. Online analytics the right way

4. Case: Danske Bank

5. Getting started

Page 20: From boring numbers to actual business value

Pick the low-hanging fruits

Page 21: From boring numbers to actual business value

Content – is it worth the effort?

Views

Content items

Page 22: From boring numbers to actual business value

Share the intelligence1. On the desks of the editors

2. In the report for your manager

3. In the internal newsletter

4. In your annual employee evaluation

5. In the redesign documentation

6. On the intranet

7. In the cantina

8. …

Page 23: From boring numbers to actual business value

Why did you come this time?

Did you achieve your objective?

If not, why not?

World’s best survey

Page 24: From boring numbers to actual business value

Think tracking!

Page 25: From boring numbers to actual business value

Thank you! - Questions?

Join other online professionals:

• J. Boye group on LinkedIn (+500 international practitioners):www.linkedin.com/groups?mostPopular=&gid=972937

Page 26: From boring numbers to actual business value

About J. Boye• Independent networking and knowledge sharing firm

• Community of practice: +300 members; practitioners only

• Members in Denmark, Europe, Germany, UK and USA