analytics toolkit: 3 ways to increase conversions and revenue for your clients

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Page 1: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients
Page 2: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients
Page 3: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Agenda

• Who is Kissmetrics

• Challenges that advertisers faced

• How analytics helped your clients: 1.set the right goals2.find what drives the highest conversion rate 3.recommend the best optimizations

Page 5: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Kissmetrics: Analytics to optimize your marketing

Page 6: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Poll #1

Page 7: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Impressions Clicks Conversion CPA

Campaign 1 1,000,000 5000 1200 $3.68

Campaign 2 250,000 4000 800 $2.00

Campaign 3 500,000 1000 200 $6.00

You’re marketing to people. Align your metrics to that.

Page 8: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Too much data prevents marketers from hitting the bullseye

Page 9: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

1

Find what drives the highest conversion rates

Recommend the best optimizations

Solidify what you are going to measure

2

3

Understanding what matters will lead you to happy clients

Page 10: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients
Page 11: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Poll #2

Page 12: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Poll #3

Page 13: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

+36%Customer

satisfaction

+19%Likely to

stay/renew

+28%Willingness to recommend

+33%Less likely to cancel/churn

*Transforming Customer Experience: From Moments to Journeys

A good customer journey leads to better business outcomes

Page 14: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Know the space so you can get the right equipment

Page 15: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

MA

RK

ETIN

G S

TAC

KM

ETR

ICS Visitors

VISITORS

LEADS

PROSPECTS

CUSTOMERS

Ad Tech

CRM

Marketing Automation: Acquisition/Activation Nurture Programs Retention Programs

CMS Web/Content Management

Customer Analytics

Tag Management

API Integrations

Getting the right equipment will accelerate your purchase funnel

Page 16: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

What’s behind that retention rate?

Which ad tactic leads to revenue?

What programs contribute to your goals (i.e. trial sign ups, purchases, profits?)

Identify the right goals with your clients

Page 17: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

• What are your primary marketing goals?

• What is the goal of your website?

• What are your success metrics?

• Are you responsible for acquisition, activation, and retention metrics?

• What types of questions do you want your analytics tool to answer?

• Do you know how your campaigns are performing?

Questions to ask your clients to prep for your brief

Page 18: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

1

2

3

4

Trial Sign Up

Visited site

Video Plays

Signed up for newsletter

The metrics that everyone measures:

Page 19: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

The metrics that YOU should measure

Subscription Based Model E-Commerce/Booking SitesSignups Searched product

Newsletter Subscriptions Viewed product/itemAd Campaign Hits Added item to cart

Account Activations Checked out step 1/2/3 etcCancelled Entered Promo CodeBilled/paid Registered/signed up for AccountLogged In Canceled order

Used features X Refunded/returned items

Page 20: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

After you get those metrics, you can start to find revenue metrics

Acquisition

Activation

ActivationActivation

Retention

Page 21: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients
Page 22: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

How do I find my best performing channel?

Page 23: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Original

Variant

When should I start A/B testing? Where should I start?

Page 24: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

First touch? Last Touch? Linear Multi-touch? Weighted? Time decay? Position based?

Page 25: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients
Page 26: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients
Page 27: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients
Page 28: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

How do you get more people to take your desired action after they see the login page?

● A banner promoting the importance of reports?

● An engagement driving people to the reports?

● A video that shows how awesome reports are?

How do I improve my trial experience?

Page 29: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

How do I get more customers to repurchase?

Page 30: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

2

Page 31: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Poll #4

Page 32: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

“The value of an idea lies in the using of it.”

-Edison

Page 33: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients
Page 34: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients
Page 35: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Kissmetrics case study: A/B testing plot twists we didn’t see coming

1 2

Original

Variant

Page 36: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients
Page 37: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients
Page 38: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Case study #2: funnel reports will show you roadblocks early

1 2Events leading up to a sale Retention post sale

Page 39: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Recap

How analytics helped your clients

1.set the right goals2.find what drives the highest conversion rate 3.recommend the best optimizations

Page 40: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Words of wisdom - Set the right goals with your clients early on

Page 41: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

Poll #5

Page 43: Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients