analytics toolkit: 3 ways to increase conversions and revenue for your clients
TRANSCRIPT
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
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Kissmetrics: Analytics to optimize your marketing
Poll #1
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.
Too much data prevents marketers from hitting the bullseye
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
Poll #2
Poll #3
+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
Know the space so you can get the right equipment
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
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
• 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
1
2
3
4
Trial Sign Up
Visited site
Video Plays
Signed up for newsletter
The metrics that everyone measures:
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
After you get those metrics, you can start to find revenue metrics
Acquisition
Activation
ActivationActivation
Retention
How do I find my best performing channel?
Original
Variant
When should I start A/B testing? Where should I start?
First touch? Last Touch? Linear Multi-touch? Weighted? Time decay? Position based?
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?
How do I get more customers to repurchase?
2
Poll #4
“The value of an idea lies in the using of it.”
-Edison
Kissmetrics case study: A/B testing plot twists we didn’t see coming
1 2
Original
Variant
Case study #2: funnel reports will show you roadblocks early
1 2Events leading up to a sale Retention post sale
Recap
How analytics helped your clients
1.set the right goals2.find what drives the highest conversion rate 3.recommend the best optimizations
Words of wisdom - Set the right goals with your clients early on
Poll #5
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