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Morgan McKeagney Managing Director, iQ Content Enterprise Ireland eMarketing Seminar, Dublin, 22/10/09 Measuring the ROI of your website: using web analytics effectively.

Using Web Analytics to Increase Website ROI

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Presentation outlining how to use web analytics to increase conversions and increase website ROI. Presented originally at Enterprise Ireland's eMarketing Seminar, Dublin, Ireland, on 22/10/09.

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Page 1: Using Web Analytics to Increase Website ROI

Morgan McKeagney Managing Director, iQ Content

Enterprise Ireland eMarketing Seminar, Dublin, 22/10/09

Measuring the ROI of your website: using web analytics effectively.

Page 2: Using Web Analytics to Increase Website ROI

Money

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Sales

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Conversion

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Supermarket from hell?

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The web’s dirty little secret….

…carnage in the supermarket.

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Web analytics is…

…the practice of measuring, collecting, analysing, and reporting on internet data to understand how a site is used and how to optimise its usage.

Four Goals: 1. Better understand your users 2. Make web design decisions based on data, not

hunches 3.  Improve your website (remove barriers to sales) 4.  Improve conversions and sales

Web Analytics Association

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The challenge of web analytics

•  Identify the metrics that matter

•  Use metrics that are actionable – that lead to making a change

•  Proper configuration – accurate data on numbers that matter

•  Act on what you find

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Using analytics to drive conversions

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How to measure

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The Conversion Funnel

Viewing a product

category page

Your visitors

Viewing a product page

Viewing a shopping cart

Completing an order Goal = visitors become customers

1

2

3

4

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1. GA setup

2. GA review

3. Client makes web site changes

Without GA

With GA = 3x

A conversion story

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1

2

3

4

5

6

7

Funnel

Goal Page

Check availability

Search results

Booking complete

18.5%

Search properties

Make booking

Confirm booking

Enter payment

42.1%

37.4%

59.6%

95.4%

30.3%

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Identify the Accident Black Spots?

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Exits = 95.4%

Exits = 59.6%

Exit Reasons: •  Overlong payment form •  Poor layout

Exit Reasons: •  Poor search experience •  Availability checker very clunky

Visitors

Customers

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1

2

3

4

5

6

7

Funnel

Goal Page

Check availability

Search results

Booking complete

Search properties

Make booking

Confirm booking

Enter payment

Improved layout

Improved layout

Removed

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300% improvement

Target = 1000%

This translates directly into revenues.

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Design matters: Supermarkets again

  Extensive customer research: •  interviews •  observing people shop •  analysis of store traffic

  Leads to careful design of: •  layout of the store •  product placement •  colours, sounds and smells

  The result? Who has ever come out of a supermarket with much more than they went in to buy?

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Analytics tells you the what, not the why

  Customer engagement critical to understand •  WHY things are happening •  HOW BEST to fix them

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Understanding your customer

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Better results come from deep understanding of your customer

“…knowing and understanding the customer so well the product or service fits him and sells itself.”

Peter Drucker

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Techniques for building understanding

Source: “The User is Always Right”, Mulder & Yaar, 2006

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Getting into the mind of your users

  Real people, with real needs use your website   Simple goals: find info, do stuff, buy stuff, save time,

save money   If site doesn’t support user goals, it fails   Understanding your users single biggest challenge   How to do it?

•  Define a user model: personas and scenarios •  User test •  Illicit and respond to user feedback

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The persona technique

  Alan Cooper Personas •  Archetypal (fictional) user,

with specific needs and background

•  Should be a few key personas for your entire site

•  By serving key personas, you serve everyone else

•  Serve as design targets for the development team.

  Key – what is their primary GOAL that brings them to your site. And what TASK are they performing to meet that goal?

“ The broader the target you aim for, the more certainty you have of missing the bull’s eye ” Alan Cooper

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Moving from general to specific

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Find out more: two books for your bookshelf

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Case Study | Permanent TSB

…re-launched September 09.

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Extensive Customer Engagement

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Redesigned all aspects of the site

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User tested all aspects of the redesign

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Key points: funnels and conversion

  Conversion rate is all about user experience: less road-bumps, accident blackspots, higher conversions

  Increased conversions = increased profitability   300%+ conversion improvements are possible and

common   Measurement is a critical first step in increasing

conversions   Necessary, but not sufficient: analysis & action critical   Analytics tells you the what; user engagement tells

you why.

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Understanding effectiveness of SEO & SEM

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Other things to look at:

  General trends – visitor numbers & engagement   SEO / SEM – was it worth it; is it working?   Campaigns – how effective were they, which worked

best?   Where do visitors come from? How engaged and

loyal are they?   Most importantly: are we getting the outcomes we

want? What changes do we need to make?

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Last year…

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SEO: Where people are coming from

  No point in using Yahoo or MSN paid search!

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  you can drill down to view by country

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For Boot Camp profile, it's more interesting

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Content popularity: accidental tourists?

  Why is it so popular? And why the high exit percentage?

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So we cross-segment that page

  About Dublin page:

Unintentional SEO!

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Bounce rates

Majority didn't stick around! Either optimise landing page, or rethink SEM

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Effectiveness of SEM campaigns: what worked, what didn’t

  Real data to track your online marketing efforts   Offline require different method of tracking

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Key points: SEM & SEO

  Analytics helps you to determine if your SEM was actually worth it & make better decisions

  Focus on your landing pages, your bounce rates, and visitor engagement (page views per visit)

  Pay attention to the valuable organic search data at your fingertips

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Summary & Wrap-up

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Good analytics = take action

  Forrester Research: Biggest challenge marketers face with analytics?

  53% say Acting on Findings

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Analytics framework: be systematic

From Victoria Web Analytics Toolkit

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Wrap-up

  Your website is all about conversion   Measurement is critical:

•  # 1: Understand your customers and what they’re doing on your site

•  # 2: Identify accident blackspots – points where customers are experiencing difficulty

•  # 3: Take action – fix problems, track changes •  # 4: Increase conversions – put more money in the bank

  Measurement alone is not sufficient: you need to act on the data – make changes

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Questions? Feedback?

  Visit us at: www.iqcontent.com

  Read blog, sign-up for free monthly newsletter

Contact Details: Morgan McKeagney Managing Director iQ Content Ltd

e: [email protected] t: +353 1 817 0768 Twitter: @morganmck

@iqcontent

www.iqcontent.com