Category: Metrics

  • 3 Google Analytics Data Collection Features to Turn On

    Google Analytics is one of the most powerful marketing analytics solutions you can obtain for no money. It does for free what other software and services cost thousands of dollars to do, which means it can be a huge playing-field leveler for small businesses and underdogs. However, most people are using it with the good stuff turned off.

    One of the catches of Google Analytics is that it can’t look backwards in time. It’s simply incapable of gathering data it didn’t know about, so the sooner you can turn on features, the sooner it can collect that data, even if you’re not necessarily ready to use the data yet.

    Here are three data features you should turn on, even if you’re not sure you’re going to use them.

    1. Remarketing. Setting up remarketing requires some code changes, which are detailed by Google here. This gives you things like affinity data, demographic data, and what other buying intent people have who visit your site. You get access to tremendous amounts of data that you can use for learning more about your audience, even if you never buy a single ad.

    Google_Analytics

    2. Site search. It may not seem like a big deal, but knowing what other people are looking for on your website has its uses. Activating and configuring site search is often overlooked, yet it’s so easy to do. In your site’s View Settings (under Admin), turn on site search and configure it appropriately. Once you do, you’ll know what pages people are getting lost on, what they’re looking for, and how often they’re getting lost.

    Google_Analytics

    3. Social data hub activity. Google Analytics is capable of tracking social interactions on sites where you can’t insert your Google Analytics code, such as YouTube, Google+, etc., but only if you tell it which social media profiles are yours. This helps with conversation tracking and link tracking, though it doesn’t apply to the major social media sites, such as LinkedIn, Twitter, or Facebook. Still, something is better than nothing, and it costs nothing except a minute to set up. It’s the Social Settings under Property in Admin.

    Google_Analytics

    Turning on these three data sources may not necessarily change your world right now in Google Analytics. They may be features or data points that aren’t helpful today because your business or marketing may not be ready for them. However, there’s a good chance that they will be useful at some point down the road, and the sooner you turn them on, the greater the pool of data you’ll have to analyze if and when that data becomes available. Additionally, Google Analytics is continuing to evolve and change. Its data processing algorithms keep getting more and more sophisticated. By laying the foundation for collection of more data, you stand to potentially benefit from future changes at no risk or cost today.

    Turn these features on!


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  • Timeframes, analytics, and objectives

    One of the most misused parts of marketing analytics is the timeframe. Whether it’s daily/weekly/monthly views in Google Analytics or People Talking About This in Facebook or the metric of your choice, we tend as marketers to use the timeframe (no surprise, we’re marketers) that makes things look the best, or at least look meaningful. Most of the time, this is unintentional and not malicious. We look for patterns, trends, and information that is meaningful. Sometimes it’s just what we’re given by the tools we use.

    Here’s why timeframes matter in analytics. The timeframe tells you what results you are capable of generating using any given marketing method. For example, let’s say your focus is on audience and awareness building, core functions of things like advertising and public relations. Monthly or even quarterly metrics timeframes are perfectly okay to work with because you’re looking more at the cumulative effect of all of the communications with your prospective audiences. You don’t necessarily need to be top of mind 24×7, just enough that you maintain share of mind.

    However, if your focus is on something like direct response, you might want to work in a weekly or daily timeframe. Direct response marketing and lead generation typically have much shorter timeframes, timeframes in which you must meet certain numbers. You might, for example, need to generate a certain number of leads before the end of the month to meet a quota. Working in weekly or daily timeframes in your metrics will tell you how likely you are to achieve your goals.

    Here’s an example using Facebook’s People Talking About This. By default, Facebook reports PTAT as a weekly timeframe metric. In your Page’s insights, you can also get daily and 28-day PTAT:

    Screenshot_3_10_14__6_36_AM

    If you’re in charge of growing audience and growing awareness, looking at the monthly PTAT vs. Total Likes is a reasonable thing to do. What chunk of your audience did you reach in the last 28 days?

    If you’re in charge of lead generation, looking at the daily PTAT vs. Total Likes is important, because it will help guide your expectations about how many people today will see your offer in a very short period of time.

    When you mix the two is when disaster can strike. If you’re a direct response marketer and you see the monthly reach numbers, you might expect that up to 100 people could respond to your offer on any given day, when the reality is that at best, 20 would be the maximum number of people in a given day. Conversely, if you’re a PR professional, you might be distraught at the idea that 3 out of 1,300 people are seeing your work today, when the reality is that your content is being seen by a hundred in the month. Today’s post might be invisible to an audience member, but tomorrow’s might be quite prominent.

    Know the timeframes that your marketing methods operate in, and measure accordingly!


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  • ABCs of Web Analytics

    Something that’s puzzled long-time Google Analytics users is why Google Analytics moved and renamed so much stuff in the tool. The reason is ultimately to help all of us get insights slightly faster. One of the most glaring changes is the renaming of all of the sections to ABC – Acquisition, Behavior, Conversion.

    Acquisition_Overview_-_Google_Analytics

    The changes to the application present two important perspective shifts that Google is trying to encourage us, as marketers (many of whom do not have a strong data analysis background) to think differently about some of the data that we stare at most frequently.

    First, there is a logical progression in this framework. Acquisition answers the question of, where did my audiences come from? Behavior answers the question of, what did my audience find engaging? Conversion answers the question of, did I generate meaningful results?

    Measuring each section tells you where your website is most deficient. Are you not attracting enough new audiences? You probably need to consider some new tactics if that’s the case, like public relations or advertising. Are you losing the audiences as quickly as you gain them? If so, you have a behavior problem, an engagement problem, and the Behavior section will tell you what to tune up. Are you converting? Conversions will tell you what contributed to those conversions and what you should do less or more of.

    One other aspect of these changes to Google Analytics is a little more subtle but even more important. Google Analytics is trending away from what to who. The new segments manager is all about the who, the people who are visiting your website.

    Acquisition_Overview_-_Google_Analytics-5

    The ABC funnel is about who. All of the new interactive flow charts tells you about the people and not the individual hits, clicks, or pages on your site. This is an important focus change, because marketers have typically been fixated on very short term metrics. By changing metrics focus, Google is subtly encouraging us to change our marketing focus.

    This is reflected as well in their ever-changing perspective on SEO. If you focus on the who, if you focus on the personas and segments in your audience rather than the granular “what” details of keywords, page titles, and individual links, then you’ll do better in their current algorithms which reward expertise on topics, social popularity, and authority. While you will face a longer, tougher battle to get going, to gain search momentum, once you have it, it should in theory be harder to lose.

    Practice your ABCs as Google Analytics defines them, and you’ll start to work on the marketing metrics that matter.


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  • How to “year in review” with your web analytics

    One of the pitfalls of near-realtime marketing analytics is that we lose sight of the big picture in favor of very small snapshots of the day to day. As the year winds down, it’s time to take a step back and look at the very big picture. What really worked for you this year? What didn’t? Here’s a simple way to do it.

    In Google Analytics (or the equivalent web analytics package of your choice), assuming you have data for 2012 and 2013, go to your Acquisition Report and look at All Traffic. Select 2013 year to date as your examination window, and select Compare to Previous Year in the comparison selector in the upper right, like so:

    All_Traffic_-_Google_Analytics-4

    Now simply scroll down and start looking at the major traffic sources and their year over year contributions and changes. For example, here are my top 3:

    All_Traffic_-_Google_Analytics-4

    Google organic search grew hugely for me this past year. 19% overall growth in visits, 21% growth in new visits. Whatever I’m doing for my content marketing and SEO is clearly working, so yay.

    Direct traffic grew as well, but since direct traffic can be so muddy with all of the different unknown sources, best to leave that one alone for now.

    Twitter takes third place and wow… Twitter didn’t work for me this year compared to last year. Last year was a much better year for me on Twitter. Guess it’s time to rethink my Twitter strategy!

    In terms of forming strategy for 2014, keep scrolling down and look for breakout contenders, traffic drivers that could potentially continue their explosive growth:

    All_Traffic_-_Google_Analytics-2

    It might be time for me to update some of my other Webmaster Tools accounts and make sure I’m compliant with what Yahoo and Bing are asking of website owners, eh? Also, a couple of earned media placements seem to have paid off, so if my blog were a business, I’d sure do some more outreach to those outlets. Likewise, look for the stinkers, the sites and tools that you put a lot of effort into, and look at reducing your resource expenditures on the things that aren’t performing.

    Take the big picture going into the new year with what worked and what didn’t from this year. You may also want to break the year up in halves or quarters to see what’s trending and sinking quarter by quarter for a bit more granular a view of what’s currently working, too.


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  • The “Secret” to effective marketing analytics

    Today I want to share the “secret” of marketing analytics, the thing that will make you less or more successful at your job, at marketing, at anything that can be measured.

    Dreamweaver

    Having data is one thing. The more of it that you have that’s clean, correct, and consistent is a good thing, but data itself is not enough. Even reporting on the data isn’t enough. After all, what good is it if you don’t know what to do with it?

    Here are the two questions you can ask of any data point or series that will immediately make you better at interpreting it.

    1. What contributes to this?
    2. What does this impact?

    This seems so fundamental that on the surface, it’s laughable. That’s “the secret”? Surely there must be more. An 8 year old can ask those questions. Actually, no, there isn’t too much more, because these are really difficult questions when you dig into them.

    Let’s take a single metric, a single series, unique visitors to your website. What contributes to getting people to your website? It could be dozens or hundreds of things. Advertising, marketing, PR, word of mouth, flying planes across the sky… lots of different things contribute to this number. If you need to increase it, then you need to know what contributes to it, and make a choice among those options of what’s going to give you the best bang for the buck.

    What does this impact? Again, seemingly simple, but it’s not. Do unique visitors to your website mean anything? What percentage of them turn into marketing qualified leads? What percentage of them turn into sales qualified leads? If the answer is zero, then focusing on unique visitors is just wasting your time. As I always say, fix the most broken thing first. If your conversion from advertisement to unique visitor is 10% but your conversion from visitor to marketing qualified lead is 0.00001%, pumping more dollars into advertising isn’t going to move the needle as much as transforming your visitor conversion to 1%.

    This is also the means by which you can assess the impact of any of the so-called “studies” being published every day by various content marketers. Let’s say a study is released that cites that Facebook users are 16 times more likely to share a video of a hippopotamus farting than Twitter users. Assuming that the study is scientifically and statistically valid, you still need to ask what that particular piece of information’s impact on your business is. Chances are, unless you’re a marketing manager for a zoo, it’s not going to be terribly impactful. (though it will be funny)

    You are asking the fundamental questions of cause and effect. What causes a metric? What does the metric affect? Having solid answers to each helps you understand the relevance of a metric and most important, what to do next. Amazingly, despite the apparent simplicity of these questions, few people ask them, and even fewer can answer them. You have the opportunity to be one of those rare few.


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  • Measure what is logical to measure

    One of the more interesting questions I was asked yesterday after my Dreamforce session was, “Where should we start measuring our marketing? Marketing is such a vast thing to try to quantify.”

    The answer to this question is simpler than you think. Measure what is logical to measure!

    Spock-Hands.jpg__651×724_-3

    What’s the thing that matters to you? What’s got your hair on fire? Is it leads? Is it revenue? Is it audience?

    If you find that the objective you want to measure doesn’t have an accessible metric, then you have either a knowledge gap of your existing tools or you don’t have the right tools. That’s your next thing to fix.

    Once you’ve got a handle on the metric that’s most important to you, look to the immediately preceding metric if you want to affect the one you care about. If leads are a problem, the most immediately preceding metric is prospects. How many people are interested in you at more than a cursory level? If prospects are the problem, the most immediately preceding metric is audience. Is your audience growing?

    By following the most logical steps from point to point through your marketing process, you’ll know what to measure, what to fix, and what to ignore.


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  • Building your marketing strategy

    In a conversation I was having recently about marketing strategy, the question came up, “What should we be doing first? Where do we start?”

    The answer to that question depends on whether you’re talking about audience building or system building. When it comes to building out systems and infrastructure, the place you generally want to start is at the very bottom of the sales and marketing funnel. Get your CRM in order. Get your marketing automation system in order. Get your email service provider in order. Get your web analytics set up. Get your goals configured.

    Get all the nuts and bolts tested and working from the bottom up so that your infrastructure is in good condition when you initiate your media acquisition. One of the dangers of building a marketing infrastructure from the top down is that someone turns things on before you’re ready and your new audiences get into the funnel and promptly fall out of it because you’re not ready. Starting from the bottom up ensures that the parts closest to the sale are working correctly.

    Spiders in the funnel

    The reverse is true once you begin working with human beings, once you turn your actual marketing programs on. Nothing really matters in terms of optimization of your sales funnel if there are no people in it. A perfect closing rate of 1 lead still means you’re going out of business if your business needs dozens, hundreds, or thousands of leads. You need to start with the top of the funnel, with new audiences, new people can become aware of your existence and begin engaging with your products and services.

    Optimizing for anything other than new audiences at the very beginning of the process is futile. Even after you developed a successful sales funnel from top to bottom, you generally want to understand where your audiences are coming from and get new ones that work in a similar manner. Unquestionably, fix the most broken metrics first, but if nothing is especially broken, that start with the top.

    So the answer to where to start with your strategy depends on what you’re building: machinery or people. Choose wisely!


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  • Which metrics belong in your marketing strategy?

    One of the things I do in my work at SHIFT Communications is help companies develop measurement and metrics strategies, figuring out what matters and what doesn’t. The core criteria that makes a metric worth inclusion in any strategy is this: can I change it?

    Untitled.numbers

    For example, organic, non-paid search traffic is a metric where you know how it works, and thus you know how to change it. Search engine ranking factors are widely available. If you do more of the things that work into search engine algorithms – great content, inbound links, social shares, earned media, etc. – then you can affect the metric of organic, non-paid search traffic and make it go up or down.

    Another example, one that you might not want to include as an actionable metric, is retail sales when you’re not the seller. While you have control over what happens in terms of brand awareness and sentiment, if the seller puts your product in the back of the store at the bottom of the shelf next to the restroom cleaning supplies, then your sales will suffer no matter how good your marketing is. Certainly, you should report on retail sales as a goal and as a revenue number, but it’s not part of your core metrics strategy because you can’t truly affect it directly.

    It’s important to separate your reporting into two broad categories: metrics I can directly affect, and metrics I can’t directly affect. When you execute your marketing strategy, put more of your effort on the first bucket and less of your effort on the second.


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  • A head scratcher in my web analytics

    Here’s a head scratcher I’m throwing out to the crowd. I was curious, with the abolition of keyword rankings and keyword data in general, to see what other ways I could measure the effectiveness of SEO. One way I thought up that might be interesting was to match volume of inbound links with organic search traffic. After all, links = rankings = traffic, right?

    So I exported a count of all my new inbound links to my website for 2013, and matched it against my daily non-paid search visits for 2013:

    SOFA_Statistics_Report_2013-11-05_06_35_13Variable 3 is non-paid search traffic, Variable 4 is new inbound links

    If you’re not fluent in reading Pearson regressions, we’re looking for a diagonal line that goes from the lower left to the upper right to indicate a strong correlation. Instead, we got a horizontal line that says no correlation at all.

    This implies a few possibilities to me.

    1. The formula of links = rankings = traffic could be broken. There’s much more to the rankings algorithm than just links, and it’s a sufficiently large enough scope that links by themselves don’t matter at all.

    2. There’s an intermediary step between links and rankings that I can’t see. This is a riff off of #1, in that there’s more to search algorithms than just links. How much, I can’t tell.

    3. Maybe I just have crappy links. Just because it’s in Webmaster Tools doesn’t mean it’s authoritative or high quality, which means that these links in aggregate may be doing nothing for my rankings and thus search traffic.

    4. Maybe what I get links for and what people find me for have nothing in common. I could be earning media for articles that don’t get searches, while everyone else is searching and finding me for something else. This seems less likely to me because I write on a fairly narrow set of topics. There would be no reason for someone to link to me for something unrelated, but it’s a possibility.

    What do you think is behind this strange lack of correlation? Leave your thoughts in the comments! If you’d like to process the data yourself, I invite you to download the CSV.


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  • Turn on Google Analytics Affinity Categories for demographic data

    If you’re using Google AdWords, one of your fondest wishes may have been, “wouldn’t it be nice to know how my retargeting efforts are going?”. Google Analytics now offers a built-in fix for this, called affinity categories, which is slowly rolling out to all Analytics users. If you’re familiar with the interests and affinities in AdWords, you can now see who’s coming to your website based on your retargeting settings:

    Signup - Google Analytics

    This information is valuable for helping you understand which display advertising categories are helping drive new audiences, convert to leads, become sales, or develop longtime customers. Do visitors from certain websites that you’ve got display ads working on behave differently? Do some audiences behave more loyally, return more often, or buy more from you than other audiences? This information can help guide your advertising spend much more intelligently and reduce ad spend waste on audiences that aren’t behaving the way you want them to.

    You’ll also get basic demographic data like age and gender, with the understanding that you won’t necessarily get a representative sample of all your website’s audience, just those who have provided demographic data to Google’s display network or Google+. If your audience is active on Google+, you’ll get more data than an audience that’s rooted firmly in Facebook.

    Campaign Management

    Obviously, if you’re not paying for AdWords ads, this information may not appear in your Google Analytics instance, as it’s intended primarily to help AdWords advertisers (and I’m guessing they are prioritized in rollout). However, the data comes from Google’s Doubleclick network, so if you’re getting website traffic from other Doubleclick sites (sites running AdSense), then you may get some useful information even without paying for AdWords ads. I’m seeing the data for this website, and I’ve got no ads running.

    For those websites where you are a paying advertiser using AdWords Display ads (not search ads), this has the potential to be very valuable. Give it a try – just set it up from inside Google Analytics and change your tracking codes as instructed. Note that if you’re using Universal Analytics rather than standard Google Analytics that you won’t have access to this right away.


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