measuring the roi of your website_morgan mckeagney

53
Morgan McKeagney, Managing Director, iQ Content Web analytics: profit through measurement

Upload: enterprise-ireland

Post on 21-Jun-2015

832 views

Category:

Education


2 download

TRANSCRIPT

Page 1: Measuring the ROI of your website_Morgan McKeagney

Morgan McKeagney, Managing Director, iQ Content

Web analytics: profit through measurement

Page 2: Measuring the ROI of your website_Morgan McKeagney

2

Part 1: Embracing data (the what)

Page 3: Measuring the ROI of your website_Morgan McKeagney

Never in the field of marketing endeavor has cause and effect been more measurable or actionable

Page 4: Measuring the ROI of your website_Morgan McKeagney

Which country should we dominate next?

Page 5: Measuring the ROI of your website_Morgan McKeagney

Red or Green?

Page 6: Measuring the ROI of your website_Morgan McKeagney

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

Page 7: Measuring the ROI of your website_Morgan McKeagney

All this translates into cash

Higher conversions = better results

Page 8: Measuring the ROI of your website_Morgan McKeagney

3

Web Analytics | The Opportunity

Page 9: Measuring the ROI of your website_Morgan McKeagney

Sounds great, but is it really that easy?

Page 10: Measuring the ROI of your website_Morgan McKeagney

Key challenge? Taking action.

  Forrester Research survey   53% say biggest challenge is acting on findings

Page 11: Measuring the ROI of your website_Morgan McKeagney

Getting it right | A simple framework

Page 12: Measuring the ROI of your website_Morgan McKeagney

Getting clarity on your objectives

Page 13: Measuring the ROI of your website_Morgan McKeagney

Translating good objectives into measurable KPIs

Page 14: Measuring the ROI of your website_Morgan McKeagney

Implementation: Collecting accurate and complete data

Page 15: Measuring the ROI of your website_Morgan McKeagney

Reporting | Turning data into insight

Effective reporting: Getting the right info, to the right person, in the right format, at the right time.

Page 16: Measuring the ROI of your website_Morgan McKeagney

Insights: What’s happening on our site?

Page 17: Measuring the ROI of your website_Morgan McKeagney

Insights: Which products are selling?

Page 18: Measuring the ROI of your website_Morgan McKeagney

Insights: Funnels - Where are the accident blackspots?

Page 19: Measuring the ROI of your website_Morgan McKeagney

Insights: Marketing – which half or our budget are we wasting?

Page 20: Measuring the ROI of your website_Morgan McKeagney

Insights: what are our customers searching for?

“Search queries are gold: they are real data that show us exactly what users are searching for in their own words.”

Page 21: Measuring the ROI of your website_Morgan McKeagney

Find out more: Buy Avinash’s Bible

Page 22: Measuring the ROI of your website_Morgan McKeagney

Part 2: Embracing design (the why & the how)

Page 23: Measuring the ROI of your website_Morgan McKeagney

Analytics tells you the what, not the why

Page 24: Measuring the ROI of your website_Morgan McKeagney

Improvement requires decisions, action & design

Page 25: Measuring the ROI of your website_Morgan McKeagney

From insight to action: making changes

Page 26: Measuring the ROI of your website_Morgan McKeagney

World’s most admired companies...

Page 27: Measuring the ROI of your website_Morgan McKeagney

Google’s Philosophy: Users First

1. Focus on the user and all else will follow. From its inception, Google has focused on providing the best user experience possible. While many companies claim to put their customers first, few are able to resist the temptation to make small sacrifices to increase shareholder value. Google has steadfastly refused to make any change that does not offer a benefit to the users who come to the site

By always placing the interests of the user first, Google has built the most loyal audience on the web. And that growth has come not through TV ad

campaigns, but through word of mouth from one satisfied user to another.

Extract from Google Philosophy

Page 28: Measuring the ROI of your website_Morgan McKeagney

Customer focus: the Amazon way

Jeff Bezos, Amazon CEO “The Institutional Yes”, Harvard Business Review, October 2007

Page 29: Measuring the ROI of your website_Morgan McKeagney

Apple: Tyranny of the “Insanely Great”.

Page 30: Measuring the ROI of your website_Morgan McKeagney

“Design is not just what it looks and feels like. Design is how it works.”

Page 31: Measuring the ROI of your website_Morgan McKeagney

Designed in California....

...exclusively for Steve.

Page 32: Measuring the ROI of your website_Morgan McKeagney

Designed for cabin crew, 1971

now beloved by all travellers.

Page 33: Measuring the ROI of your website_Morgan McKeagney

Personas: Deepening customer insight

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

Page 34: Measuring the ROI of your website_Morgan McKeagney

Techniques for building understanding

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

Page 35: Measuring the ROI of your website_Morgan McKeagney

User engagement & research

Page 36: Measuring the ROI of your website_Morgan McKeagney

Triangulation: merging data with qualitative insight

Page 37: Measuring the ROI of your website_Morgan McKeagney

Persona 1: Meet Robert

Page 38: Measuring the ROI of your website_Morgan McKeagney

Robert’s Journey

Page 39: Measuring the ROI of your website_Morgan McKeagney

Persona 2: Susan

Page 40: Measuring the ROI of your website_Morgan McKeagney

Susan’s Journey

Page 41: Measuring the ROI of your website_Morgan McKeagney

Beyond data & insight: user-centred design

Page 42: Measuring the ROI of your website_Morgan McKeagney

Find out more: two books for your bookshelf

Page 43: Measuring the ROI of your website_Morgan McKeagney

Case Study | Permanent TSB Case Study: Permanent TSB

Page 44: Measuring the ROI of your website_Morgan McKeagney

Before: Cluttered, random, malfunctioning…

Page 45: Measuring the ROI of your website_Morgan McKeagney

Customer Engagement & Research

Page 46: Measuring the ROI of your website_Morgan McKeagney

…clean, focused, usable.

After: redesigned all elements

Page 47: Measuring the ROI of your website_Morgan McKeagney

“No one wants to buy credit cards online”

Link to video

Page 48: Measuring the ROI of your website_Morgan McKeagney

Redesigned Application Forms

…with GA installed before & after

Old application forms

New application forms

Current account 66 questions 22 questions

Credit card 62 questions 29 questions

Savings accounts - 21 questions

Page 49: Measuring the ROI of your website_Morgan McKeagney

Credit cards revisited: make it easy

Link to video

Page 50: Measuring the ROI of your website_Morgan McKeagney

Result? More applications, more successful applications.

Page 51: Measuring the ROI of your website_Morgan McKeagney

51

Wrapping up

Page 52: Measuring the ROI of your website_Morgan McKeagney

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

 Design & customer engagement is critical: you need to act on the data – make changes

Page 53: Measuring the ROI of your website_Morgan McKeagney

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 1 677 1140

Twitter: @morganmck

@iqcontent

www.iqcontent.com