see whether or not your business improves over time with cohorts

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See Whether or Not Your Business Improves Over Time with Cohorts Lars Lofgren Growth Manager - October 2013

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1. See Whether or Not Your Business Improves Over Time with Cohorts Lars Lofgren Growth Manager - October 2013 2. @larslofgren 3. What Is a Cohort?1 The 4 Cohort Reports I Use2 2 Cohort Reports for Ecommerce3 We’ll cover... 4. WARNING: This webinar is heavy on data 5. Soooo... what’s a cohort? 6. Monthly conversion rates only tell us so much 7. Cohorts keep users separated 8. Definitive answers on how you’re improving 9. The Core Features of a Cohort Report 10. Pick your time buckets. 11. Track events once or every time. Visited -> Signup, track the signup event once in the month in happens. 1 Signup -> Login, track login every month that it happens. 2 12. Segment by time or by property. 13. The option to use cumulative conversion rates. 14. The 4 Cohort Reports I Use 15. 1. Visit -> Signup 16. Cumulative Visit -> Signup 17. What to look for: Are your acquisition projects improving signups with each new batch of visitors? 18. Visit -> Signup Settings 19. 2. Signup -> Billed 20. What to look for: Are activation and upgrade projects increasing conversions with each new batch of users? 21. Signup -> Billed Settings 22. 3. Monthly Engagement After Signup 23. What to look for: Is engagement increasing or decreasing the longer users have an account? 24. Monthly Engagement After Signup Settings 25. 4. Cancellation by Subscription Plan 26. What to look for: Which plans cancel the most and how long does it take them? 27. Cancellation by Subscription Plan Settings 28. Ecommerce Cohort Reports 29. 1. Visit -> Purchase 30. What to look for: Is your conversion rate improving with new batches of customers? 31. Visit -> Purchase Settings 32. 2. Purchase -> Repurchase by Product Category 33. Are there products that lead to more repeat purchases? 1 Are there products that don’t bring you loyal customers? 2 What to look for: 34. Purchase -> Repurchase Settings 35. Who would like to use these cohort reports? 36. Type “demo” into the question box

TRANSCRIPT

Page 1: See Whether or Not Your Business Improves Over Time With Cohorts

See Whether or Not Your Business Improves Over Time with Cohorts

Lars LofgrenGrowth Manager - October 2013

Page 2: See Whether or Not Your Business Improves Over Time With Cohorts

@larslofgren

Page 3: See Whether or Not Your Business Improves Over Time With Cohorts

What Is a Cohort?1

The 4 Cohort Reports I Use2

2 Cohort Reports for Ecommerce3

We’ll cover...

Page 4: See Whether or Not Your Business Improves Over Time With Cohorts

WARNING: This webinar is heavy on data

Page 5: See Whether or Not Your Business Improves Over Time With Cohorts

Soooo... what’s a cohort?

Page 6: See Whether or Not Your Business Improves Over Time With Cohorts

Monthly conversion rates only tell us so much

Page 7: See Whether or Not Your Business Improves Over Time With Cohorts

Cohorts keep users separated

Page 8: See Whether or Not Your Business Improves Over Time With Cohorts

Definitive answers on how you’re improving

Page 9: See Whether or Not Your Business Improves Over Time With Cohorts

The Core Features of a Cohort Report

Page 10: See Whether or Not Your Business Improves Over Time With Cohorts

Pick your time buckets.

Page 11: See Whether or Not Your Business Improves Over Time With Cohorts

Track events once or every time.

Visited -> Signup, track the signup event once in the month in happens.

1

Signup -> Login, track login every month that it happens.

2

Page 12: See Whether or Not Your Business Improves Over Time With Cohorts

Segment by time or by property.

Page 13: See Whether or Not Your Business Improves Over Time With Cohorts

The option to use cumulative conversion rates.

Page 14: See Whether or Not Your Business Improves Over Time With Cohorts

The 4 Cohort Reports I Use

Page 15: See Whether or Not Your Business Improves Over Time With Cohorts

1. Visit -> Signup

Page 16: See Whether or Not Your Business Improves Over Time With Cohorts

Cumulative Visit -> Signup

Page 17: See Whether or Not Your Business Improves Over Time With Cohorts

What to look for:

Are your acquisition projects improving signups with each new

batch of visitors?

Page 18: See Whether or Not Your Business Improves Over Time With Cohorts

Visit -> Signup Settings

Page 19: See Whether or Not Your Business Improves Over Time With Cohorts

2. Signup -> Billed

Page 20: See Whether or Not Your Business Improves Over Time With Cohorts

What to look for:

Are activation and upgrade projects increasing conversions with each

new batch of users?

Page 21: See Whether or Not Your Business Improves Over Time With Cohorts

Signup -> Billed Settings

Page 22: See Whether or Not Your Business Improves Over Time With Cohorts

3. Monthly Engagement After Signup

Page 23: See Whether or Not Your Business Improves Over Time With Cohorts

What to look for:

Is engagement increasing or decreasing the longer users have

an account?

Page 24: See Whether or Not Your Business Improves Over Time With Cohorts

Monthly Engagement After Signup Settings

Page 25: See Whether or Not Your Business Improves Over Time With Cohorts

4. Cancellation by Subscription Plan

Page 26: See Whether or Not Your Business Improves Over Time With Cohorts

What to look for:

Which plans cancel the most and how long does it take them?

Page 27: See Whether or Not Your Business Improves Over Time With Cohorts

Cancellation by Subscription Plan Settings

Page 28: See Whether or Not Your Business Improves Over Time With Cohorts

Ecommerce Cohort Reports

Page 29: See Whether or Not Your Business Improves Over Time With Cohorts

1. Visit -> Purchase

Page 30: See Whether or Not Your Business Improves Over Time With Cohorts

What to look for:

Is your conversion rate improving with new batches of customers?

Page 31: See Whether or Not Your Business Improves Over Time With Cohorts

Visit -> Purchase Settings

Page 32: See Whether or Not Your Business Improves Over Time With Cohorts

2. Purchase -> Repurchase by Product Category

Page 33: See Whether or Not Your Business Improves Over Time With Cohorts

Are there products that lead to more repeat purchases?

1

Are there products that don’t bring you loyal customers?

2

What to look for:

Page 34: See Whether or Not Your Business Improves Over Time With Cohorts

Purchase -> Repurchase Settings

Page 35: See Whether or Not Your Business Improves Over Time With Cohorts

Who would like to use these cohort reports?

Page 36: See Whether or Not Your Business Improves Over Time With Cohorts

Type “demo” into the question box