Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your Clients

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Information about Analytics Toolkit: 3 Ways to Increase Conversions and Revenue for Your...

Published on January 29, 2016

Author: kissmetrics

Source: slideshare.net

1. Agenda • Who is Kissmetrics • Challenges that advertisers faced • How analytics helped your clients: 1.set the right goals 2.find what drives the highest conversion rate 3.recommend the best optimizations

2. WATCH WEBINAR RECORDING NOW

3. Kissmetrics: Analytics to optimize your marketing

4. Poll #1

5. Impressions Clicks Conversion CPA Campaign 1 1,000,000 5000 1200 $3.68 Campaign 2 250,000 4000 800 $2.00 Campaign 3 500,000 1000 200 $6.00 You’re marketing to people. Align your metrics to that.

6. Too much data prevents marketers from hitting the bullseye

7. 1 Find what drives the highest conversion rates Recommend the best optimizations Solidify what you are going to measure 2 3 Understanding what matters will lead you to happy clients

8. Poll #2

9. Poll #3

10. +36% Customer satisfaction +19% Likely to stay/renew +28% Willingness to recommend +33% Less likely to cancel/churn *Transforming Customer Experience: From Moments to Journeys A good customer journey leads to better business outcomes

11. Know the space so you can get the right equipment

12. MARKETINGSTACKMETRICS Visitors VISITORS LEADS PROSPECTS CUSTOMERS Ad Tech CRM Marketing Automation: Acquisition/Activation Nurture Programs Retention Programs CMS Web/Content Management Customer Analytics Tag Management API Integrations Getting the right equipment will accelerate your purchase funnel

13. What’s behind that retention rate? Which ad tactic leads to revenue? What programs contribute to your goals (i.e. trial sign ups, purchases, profits?) Identify the right goals with your clients

14. • What are your primary marketing goals? • What is the goal of your website? • What are your success metrics? • Are you responsible for acquisition, activation, and retention metrics? • What types of questions do you want your analytics tool to answer? • Do you know how your campaigns are performing? Questions to ask your clients to prep for your brief

15. 1 2 3 4 Trial Sign Up Visited site Video Plays Signed up for newsletter The metrics that everyone measures:

16. The metrics that YOU should measure Subscription Based Model E-Commerce/Booking Sites Signups Searched product Newsletter Subscriptions Viewed product/item Ad Campaign Hits Added item to cart Account Activations Checked out step 1/2/3 etc Cancelled Entered Promo Code Billed/paid Registered/signed up for Account Logged In Canceled order Used features X Refunded/returned items

17. After you get those metrics, you can start to find revenue metrics Acquisition Activation Activation Activation Retention

18. How do I find my best performing channel?

19. Original Variant When should I start A/B testing? Where should I start?

20. First touch? Last Touch? Linear Multi-touch? Weighted? Time decay? Position based?

21. How do you get more people to take your desired action after they see the login page? ● A banner promoting the importance of reports? ● An engagement driving people to the reports? ● A video that shows how awesome reports are? How do I improve my trial experience?

22. How do I get more customers to repurchase?

23. 2

24. Poll #4

25. “The value of an idea lies in the using of it.” -Edison

26. Kissmetrics case study: A/B testing plot twists we didn’t see coming 1 2 Original Variant

27. Case study #2: funnel reports will show you roadblocks early 1 2Events leading up to a sale Retention post sale

28. Recap How analytics helped your clients 1.set the right goals 2.find what drives the highest conversion rate 3.recommend the best optimizations

29. Words of wisdom - Set the right goals with your clients early on

30. Poll #5

31. LOG IN WITH GOOGLE Start Your Free Kissmetrics Trial

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