6 key metrics that impact webinar peformance.6.24.13

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6 Key Metrics That Impact Webinar Performance: Before, During and After COPYRIGHT 2013 WEBATTRACT Mike Agron Co-Founder Webinar Demand Gen Expert WebAttract, LLC [email protected] @WebinarReady

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Anyone can produce a mediocre webinar, being able to produce one that meets or exceeds your commercial outcomes while delighting your audience means you have to use metrics. This presentation covers 6 key critical webinar metrics that introduce the importance and value of capturing and measuring data collected before, during and after the webinar. Following these metrics, not only allows you to optimize your performance across the webinar life cycle, it also provides predictive insights to make corrections to ensure optimal outcomes. If you'd like to learn more about managing across the webinar life cycle, please download a complimentary copy of our award winning eBook "Webinar Ready - A Step-by-Step Guide to Hosting Successful Webinars"

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Page 1: 6 key metrics that impact webinar peformance.6.24.13

6 Key Metrics That Impact Webinar Performance:Before, During and After

COPYRIGHT 2013 WEBATTRACT

Mike AgronCo-Founder

Webinar Demand Gen ExpertWebAttract, LLC

[email protected] @WebinarReady

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COPYRIGHT 2013 WEBATTRACT

What We’re Going to Cover

The 6 key metrics and their benchmarks

How do you know if you’re on track?

Converting more prospects into customers

Attract

EngageConvert

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COPYRIGHT 2013 WEBATTRACT

Metrics Tell a Story

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Ensuring Predictable Outcomes

Webinar Objectives

Audience Value

Define Success FactorsCall To Action

Analyze Life Cycle

Intelligence

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Com

mer

cial

Out

com

es

Value to Your Audience

High Value – High Impact

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Gather Life Cycle Intelligence

BEFORE EVENT

Gather profile data

DURING WEBINAR

Online polls Live Questions

AFTER EVENT

SurveysOn-Demand Views

Social MediaLead Nurturing

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Time to Get Under the Hood…

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The 6 Key Webinar Metrics

• Click Thru Ratio or CTR• Attendee Ratio or AR• Online Polls• Exit Surveys• Audience Retention• On Demand Viewings

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1. Click Thru Ratio (CTR)

Before the Webinar

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Click Thru Ratio (CTR)

What Does It Measure? What Does It Predict?

Percent of People

People who RegisterClick to Registration Page

Registration - AttendanceRegistration landing pageMessage and value prop

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Outcome Low¼ of 1%

High½ of 1%

Reach Landing Page 750 750

Click Thru 16.6% 33%

Register 125 250

Attendance Ratio 40% 50+/- 100+/-

A Targeted Demographic of 50K ContactsShould Yield Registrants = ¼ to ½ of 1%

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How do you Know if you’re on Track?

CTR Benchmarks

What it predicts and what you can do to increase registration

34% - 50% Excellent - Indicates your message is connecting

23% - 33% Target - Invitation message is specific to audiences interests

<23% You should be concerned, as something is not connecting with your audience1. Are you targeting the right demographic?2. Is your topic a “must have” or “nice to have” or is it a covert sales pitch?3. Are you asking too many landing page questions that are invasive?4. Check for SPAM trigger words in email subject line, e.g. Won’t vs. Will Not5. Does each touch or Drip have a fresh subject swap?

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2. Attendee Ratio (AR)

During the Webinar

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Attendee Ratio (AR)

What Does It Measure? What Does It Indicate?

Percent of PeopleAttended

Registered

Interest in your topicDemographic value

Post webinar follow up

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How do you Know if you’re on Track?

Attendee Benchmarks What it indicates

>50% Excellent

40% Target

<30% Under Perform

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3. Online Polls

During the Webinar

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Page 17: 6 key metrics that impact webinar peformance.6.24.13

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Online Polls

What Does It Measure? What Does it Indicate – Impact?

Real time feedback Level of engagement Audience perspective

Message shaping

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How do you Know if you’re on Track?

On Line Poll Benchmarks What it indicates

>75% Excellent

60 – 70% Target

<50% Under Perform

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Analysis

21%

10%

5%

25%

40%

I'm not sure - I would like help

Monitor only the sites I advertise on

No plan to monitor

Reputation monitoring manually

Reputation monitoring with a tool

How will you monitor your online reputation going forward?

Response Rate = 66%

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4. Exit Survey

After the Webinar – On Exit

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Exit Survey

What Does It Measure? What Does It Indicate?

How well did you met your audience’s expectations?

Your brand and thought leadershipIdeas for future topics

Lessons learned for next webinar

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How do you Know if you’re on Track?

Exit SurveyBenchmarks

Ranking Scale of 1-5What it indicates

3 – 5 >90 % Excellent

3 – 5 80% - 90% Target

3 – 5 <80% Under Perform

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How do you Know if you’re on Track?

Exit SurveyBenchmarks

ResponseWhat it indicates

>35% - 45% Excellent

25%-35% Target

<25% Under Perform

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7%

46%38%

7% 3%

5 - Exceeded

4 - Above

3 - Met

2 - Barely Met

1 - Did Not Meet

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Analysis

On a scale of 1 to 5 - How did today’s webinar meet your expectations?

Response Rate = 42% with 98% Positive Ratings

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5. Audience Retention

After the Webinar

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Audience Retention

What Does It Measure? What Does It Indicate - Impact?

Audience Engagement

Did you deliver what you promised? Audio or technical challenges?

Your brand and thought leadershipPost webinar follow up opportunities

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COPYRIGHT 2013 WEBATTRACT

Analysis

11:59 AM PST

12:14 PM PST

12:29 PM PST

12:44 PM PST

12:59 PM PST

01:14 PM PST

01:29 PM PST

050

100150200250300350400

173

314337 331 329 312

271

Attendee Counts Throughout WebinarPeak Attendance = 378

Go

Live

!

Mid

Poi

nt

Q &

A

Adjo

urn

Audience Retention at Q&A = 87%

80%

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How do you Know if you’re on Track?

Audience Retention at Q/A What it indicates

>85% Excellent

75% - 85% Target

<75% Under Perform

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6. On Demand Viewings

After the Webinar

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On Demand “The Gift That Keeps on Giving”

What Does It Measure? What Does It Indicate?

Post webinar interest

Fresh new sales leadsAttended but watched againRegistered but did not attend

“Must Have” Content

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How do you Know if you’re on Track?

On Demand Viewings

Targets as a % of Registrants

>50% Excellent

15% - 30% Target

<15% Under Perform

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Analysis

On Demand Viewings 431 viewings in first 45 days Viewing # - % Total Viewings

Registered – Did Not Attend 90 viewings - 12%

Attended – Repeat Viewing 59 viewings - 8%

Fresh New Leads - Viral 617 viewings – 80%

Total On Demand Viewings 774 viewings – 100%

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Review Life Cycle Intelligence

BEFORE EVENT

Gather profile data

DURING WEBINAR

Online polls Live Questions

AFTER EVENT

SurveysOn-Demand Views

Social MediaLead Nurturing

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Put Your Sales and Marketing Hat On:

• Step 1: Archive a copy of the recorded webinar• Step 2: Within 24-48 hours, send follow-up thank you emails and include valuable content and information• Step 3: Do final Registration, Attendance and Performance analytics

Maximize the Opportunity with Post Webinar Follow-up to Start a Warm Conversation

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Analyze all Other Life Cycle Intel

34%

27%

19%

16%

4% Other

System Inte-grator

GNSS Equipment Manufacturer

Product/Appli-cation Designer

Mobile Device Manufacturer

61%18%

11%

10% MEMS IMU

Other

Ring laser gyro (RLG)

Fiber-optic gyro (FOG)

Industries Represented What kind of inertial technology

are you most interested in?

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Gather Insights by Attendees

Interests Plans to purchase this year

What would

you like to learn?

Scale 1-55 being highest

What could we

have done

better?

What did you like the

most?

What other

webinar topics

would be of

interest?

Poll #1 Poll #2 Question asked by attendee

MEMS IMU

Not sure researching

General Info

5 More technical content

The Ask the Experts Panel

Case Studies on hardware specific appls

Integration Kallman

Filter

Define models for the inertial sensor errors

When discussing

multi-Sensor

fusion, are there ….

MEMS IMU

Yes Practical app of MEMS

IMU GNSS

5 Good overview not too

technical Well

organized

Any GPS signal

related topics

Define Models for the inertial sensor errors

Is the INS always a

core sensor?

Page 37: 6 key metrics that impact webinar peformance.6.24.13

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Segment Leads

• Bucket #1 – Sales Ready• Bucket #2 – Non-qualifying• Bucket #3 – Nurturing

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Summary and How to Get Started

• Metrics ensure predictable outcomes• Define your objectives and success factors• Have a clear “Call To Action”• Study and mine life cycle intelligence• Follow-up within 24-48 hours post webinar• Build an ongoing webinar database to create your own benchmarks and lessons learned

Page 39: 6 key metrics that impact webinar peformance.6.24.13

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@WebinarReady

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