using analytics to unlock the potential - logon rates online reservations/rates #issexpo...
TRANSCRIPT
Using Analytics to Unlock the Potential of Your Self-Storage Website
Presented by:
Christopher Baird, CEO
Automatit Inc.
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What Your Website Must Have?
A great mobile experience
A great tablet experience
A great desktop experience
Real-time rates
Online reservations/rates
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RIGHT?
That’s It, I’m Done … or Am I?
Website looks great.
I have a good Google rank?
I’m done!
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WRONG!
Go through the five stages of grief:
Denial Anger Bargaining Depression Acceptance
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Ok What’s Next
Now let’s improve your creation.
First, you’ll need to:
Set up analytics to track metrics Set up observational testing Benchmark performance
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What Are the Important Metrics?
You’ll need to track:
Website visits
Phone-call volume
Reservations
Conversion rate
The dollars spent
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Why Do I Track It?
• Calls
• Visits
• Reservations/rentals
• Cost per acquisition
What happens over time with:
To gauge performance.
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What Are Important Observations?
Any observation that makes an impact on your revenue.
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Your Customer Path
How visitors get from entry point to reservation.
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Where the user is clicking within your site.
Your Site Heat Map
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What obstacles are in the way of making
a reservation?
Your Site Usability
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Why Do I Observe It?
To make your user experience better.
Over time this will: Increase conversion rate Increase SERP rank
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More qualified visitsHigher call volumeA higher conversion rateA good cost per acquisitionMore reservations/rentals
What Is Good Performance?
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What Is NOT Good Performance?
Simply acquiring more visits Saving money – can lose revenue. The mindset “I think it is working” Focusing on impossible goals
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How to Improve Poor Performance
Use your observations to remove obstacles in the customer path.
Use your CPA to determine how to spend MORE money wisely.
A/B Test to make improvements in the user experience.
NEVER use misleading language to offer specials.
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What to Avoid
Being too focused on any one metric
Making decisions without proper amounts of data
Trying to focus on your spend vs. your return
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The Bad News!
You may not have to pay the Yellow Pages anymore, but Google isn’t the wealthiest company in the world by giving things away!
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The Good News!
Internet marketing is:Highly trackable Fairly nimbleAble to produce high returns
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Immediately compare two numbers:
Take Action!
1. Website visitors
2. Conversions
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Contact the Presenter
CEOAutomatit Inc. [email protected]
Christopher Baird