outsmart the competition with google analytics

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Confidential. Property of Noble Studios Outsmart the Competition with Google Analytics NCET Tech Bite:

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What is Google Analytics and why is it vital to your business success? Find out what types of reports and metrics are available through Google Analytics to outsmart your competition. Presenter: Chad Hallert, director of strategic services for Noble Studios Event: September 17 NCET Tech Bite

TRANSCRIPT

Page 1: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

Outsmart the Competition with Google Analytics

NCET Tech Bite:

Page 2: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

I. Super-quick overview of Noble Studios

II. Convince you that you NEED Google Analytics in order to succeed in 2014

III. Provide a killer framework for getting the most out of your web data

IV. Make it real with some cool examples

P.S. Don’t worry - you don’t have to remember everything we go over.

Visit NCET.org or the Noble Studios blog tomorrow to download this presentation

Today’s Agenda

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Confidential. Property of Noble Studios

#NobleStudios

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Confidential. Property of Noble Studios 4

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Confidential. Property of Noble Studios

Fastest-Growing Private Companies in America

Inc. 500|5000

Best Places to Work Finalist

Northern Nevada Human Resources Association

2014 Business of the Year

Small Business Administration

Google AdWords & Analytics Certified Partner

Google

100+ Industry Awards

Webby Awards, ADDY Awards, W3C, Adrian Awards, Communicator Awards and more.

Recognition

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Page 6: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

Select Clients

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Confidential. Property of Noble Studios 7

Approach

Research

Strategic Planning

Persona Development

THINK

Information Architecture

Design

Development

MAKE

Marketing

Analytics

Optimization

MEASURE

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Confidential. Property of Noble Studios

#TooMuchData

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90% of the data in the world was created in the last two years!

Every minute in 2014:

• Google receives over 4,000,000 searches.

• Facebook users share 2.5 million pieces of content.

• Twitter users tweet 300,000 times.

• Instagram users post 220,000 new photos.

• YouTube users upload 72 hours of new video content.

• Email users send over 200 million messages.

• Amazon generates over $80,000 in online sales.

Source: DOMO

We Live in a World of Data

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The most successful companies in the world are leveraging data-driven strategies to

innovate, compete, and capture additional value from their customers.

Large Companies Know This

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Page 11: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

More

Data

Better

Information

Improved

Decisions

Business

Nirvana!

The Data Promise

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Confidential. Property of Noble Studios

More DataTime

Investment

Lots of

Noise

More

Questions

than

Answers

Frustration!

The Data Reality

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Page 13: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

But…

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Page 14: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

What can small and mid-sized businesses do?

There’s Hope

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Image source: Africa Hannibal

Page 15: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

#AnalyticsToTheRescue

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Confidential. Property of Noble Studios

Your customers are online. You need to:

• Understand what is working.

• Fix what isn’t working.

• Calculate your site’s impact and value.

• Justify and encourage financial investment.

• Better understand your customers.

• Dominate your competition.

• Make more money.

Why Measure the Web

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Confidential. Property of Noble Studios

This is What I’m Talking About

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Click on image to view video

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Confidential. Property of Noble Studios

• It’s FREE

• It’s powerful

• It’s easy to install

• It’s customizable to your business

• It’s just plain awesome

• Import offline data

• See customer demographics

• Segment visitors every which way imaginable

• Re-market non-converters

• And so much more!

Google Analytics = Your Best Friend

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Confidential. Property of Noble Studios

#BTW

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Confidential. Property of Noble Studios

Installing GA – Step 1

1. Go to www.google.com/analytics.

2. Create a Google account or login to

an existing account.

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Confidential. Property of Noble Studios

Installing GA – Step 2

1. Sign up for a Google Analytics

account.

2. Accept the terms of service.

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Confidential. Property of Noble Studios

Installing GA – Step 3

1. Go to the admin section and then

click the tracking code link.

2. Grab the code and either:

1. Install directly on your website

(WordPress).

2. Have your tech person install on

your website.

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Confidential. Property of Noble Studios

BOOM!

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Confidential. Property of Noble Studios

#LetsRoll

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Confidential. Property of Noble Studios

We Don’t Want This

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Image source: LSTS Blog

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Confidential. Property of Noble Studios

Or This…

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Image source: YoYo Games

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Confidential. Property of Noble Studios

Some Advice…

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Metric

Hypothesis

Experiment

Act

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#DataOverload

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•How are you acquiring traffic to your website? What’s

working? What’s not? How are you prioritizing your

investment of time and money?Acquisition

•What is the behavior you are expecting when people

arrive? What pages should they see? How long should

they stay on the site? Are there certain actions they

should take?

Behavior

•What outcomes signify value to your business? A

download? A phone call? A qualified online lead? Signing

up for email promotions? Buying your product/service?Outcome

Focus Only On What Matters

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Source: Occam’s Razor by Avinash Kaushik

Page 30: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

Analytics Plan for the Small Business

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Goals: Make money. Survive. Make more money.

Image source: Blog Marketing Academy

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Confidential. Property of Noble Studios

Acquisition

Cost per

Acquisition

(CPA)

Analytics Plan for the Small Business

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Confidential. Property of Noble Studios

Behavior

Bounce Rate

Analytics Plan for the Small Business

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Confidential. Property of Noble Studios

Behavior

Bounce Rate

Checkout

Abandonment Rate

Analytics Plan for the Small Business

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Confidential. Property of Noble Studios

Outcome

Macro

Conversion Rate

Analytics Plan for the Small Business

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Confidential. Property of Noble Studios

Analytics Plan for the Mid-sized Business

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Goals: Optimize Campaigns.

Deeper Engagement. Multiple Outcomes.

Image source: Entrepreneur.com

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Confidential. Property of Noble Studios

Acquisition

Cost per

Acquisition

(CPA)

Click-

through

Rate (CTR)

Analytics Plan for the Mid-sized Business

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Confidential. Property of Noble Studios

Behavior

Bounce Rate

Checkout

Abandonment

Rate

Page Depth

& Loyalty

Analytics Plan for the Mid-sized Business

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Confidential. Property of Noble Studios

Outcome

Macro

Conversion

Rate

Micro

Conversion

Rate

Analytics Plan for the Mid-sized Business

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Image source: Occam’s Razor by Avinash Kaushik

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Confidential. Property of Noble Studios

Analytics Plan for the Mid-sized Business

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Analytics Plan for the Mid-sized Business

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Confidential. Property of Noble Studios

#RealWorldExamples

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Confidential. Property of Noble Studios

Case Study #1

Client Type:

Small business in the health care field.

Question:

I’m spending $XXX per

month for an ad on Yelp.

Is it worth it?

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Confidential. Property of Noble Studios

Case Study #1

Findings:

Yelp traffic is much

more engaged.

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Confidential. Property of Noble Studios

Case Study #1

Findings:

And converts at a higher

rate.

Is it worth it? Do the

math.

$XXX / 41 Conversions

= $CPA

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Segment! Segment! Segment!

Tip #1

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Confidential. Property of Noble Studios

Case Study #2

Client Type:

Mid-sized consumer

product business.

Question:

Who are my best

customers?

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Image source: Data Candy

Page 47: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

Case Study #2

Findings:

Many 25-34 year olds

going to the website.

Men and women are

using the site equally.

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Confidential. Property of Noble Studios

Case Study #2

Findings:

But, wait…who’s

actually buying?

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Case Study #2

Findings:

Dump the data in Excel.

The best converters are

actually over the age of

45.

Get more of them!

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Confidential. Property of Noble Studios

Turn on demographics reporting.

Tip #2

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Confidential. Property of Noble Studios

Case Study #3

Client Type:

Mid-sized business in

the travel industry.

Question:

I’m running TV ads in

Los Angeles. Are they

driving traffic to my site

at all?

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Image source: David Zanzinger

Page 52: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

Case Study #3

Findings:

By annotating major TV

ad run dates in Google

Analytics, we can see a

correlation to increased

site traffic.

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Confidential. Property of Noble Studios

Case Study #3

Findings:

Traffic from LA is up 3x

as much as the site

average during the

campaign period.

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Confidential. Property of Noble Studios

Case Study #3

Findings:

Direct site traffic from

the LA market is up

huge.

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Confidential. Property of Noble Studios

Case Study #3

Findings:

Engagement and conversion rate from the LA

market are outperforming the site average.

Los Angeles is rockin!

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Don’t fight or ignore traditional media efforts - help improve them!

Tip #3

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Image source: Engage 321

Page 57: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

#TricksandTips

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Be Creative!

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Discriminate!

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Amy

Matt

Crystal

Liane

Brittany

Kelly

Chris

Kim

Heather

Anita

Page 60: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

Correlate!

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Confidential. Property of Noble Studios

Turn Insight Into Action

The goal is to turn data into information,

and information into insight.

- Carly Fiorina, Former CEO of HP

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Page 62: Outsmart the Competition with Google Analytics

Confidential. Property of Noble Studios

50 W. Liberty St., Ste. 800, Reno, NV 89501 | 775.883.6000 | noblestudios.com

Thank You.Questions?