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From Reporting to Action:
How to Understand and Drive Interactive Results
Kalev Peekna, Director of Interactive Marketing Strategy
Gita Bedi, Product Manager
Our Presenters




Kalev Peekna                               Gita Bedi
Director, Interactive Marketing Strategy   Product Manager, Web Analytics
Agenda

• State of Web Analytics Today
• Realities for Business to Business Marketers
• Key Areas to Analyze for B2B Sites
• Common Challenges for Law Firm Marketers
• Creating a Web Analytics Program
• 5 Things You Can Do Today




•   .
Web Reporting in Law Firms Today
                              • Most use general tools like
                                Google Analytics
                              • Reports gathered monthly or
                                quarterly
                              • Most of it is ignored by
                                stakeholders
                              • Few can point to specific
                                actions resulting from what
                                they learned in web metrics
                                reports
Typical Components of a Web Dashboard




   Visits            Pages               Sources
                                                   Referring
            Total            Lawyers
                                                   Sites


                                                   Search
            Unique           Practices
                                                   Keywords



            Repeat           News                  Geography
What Do We Learn From a Typical Metrics Dashboard?

• We know how many people come to the website or to a specific page
• What search term they may have used… which for most B2B firms is
  some form of the firm name 98% of the time.
• What country they came from… most of the time.
• We have almost no information on who they are, why they are there, or
  what they want.


                             Basically, we’re running a popularity
                             contest.
So, What’s Wrong With the Dashboard?

Off-the-shelf metrics tools focus on two primary revenue models in the
web industry:




         Advertising                           Products / Direct
                                               Service

                     Visitors
             Click-throughs
                                   ?
                                Professional
                                               Transactions
                 Placement                     Conversions
                                  Services
Website Role in Business Development Process

Client view of acquiring legal services




                                                                Web industry
                                           B2B law firms need     tends to
                                          engagement at many     focus here
                                                 points
What Should Professional Services Firms Measure?

                     • Visibility
 Site                • Usability
 Performance         • Market Influence


                     • Engagement
 Communications      • Content Use
 Performance         • Authority



 Business            • Relationships
 Development         • Integration with off-site BD
                     • ROI
 Activity
Site Performance

Visibility         • How many people are coming to the site?
                   • Are we promoting the right content?
                   • What are the recent changes in overall traffic patterns?



Usability          • Which areas of the site are receiving the most traffic?
                   • Can people find what they are looking for?
                   • Is my site designed for the visitor’s platform or
                     browser?


Market             • How are people reaching the site?
                   • Who is directing traffic to the site?
Influence
Communications

Engagement       • How does content perform comparatively?
                 • Which content keeps visitor attention?
                 • How does supportive content like video or
                   downloadable materials affect visitor behavior?


Content Use      • Which content fulfills the visitor’s goals?
                 • Do visitors explore other areas of content?
                 • Which content is printed or downloaded by visitors?



Authority        • How often do people return to the site?
                 • Which content is shared on social networks?
                 • Is your thought leadership picked up by outside
                   sources?
Business Development Activity

Relationships      • Which regions drive the most traffic?
                   • Do you have existing relationships with referring
                     domains?



Integration with   • How does traffic change around an event or seminar?
                   • Are practice development activities leveraging the
off-site BD          website?
                   • Does your site effectively support claims made in
                     pitches?


ROI                • Does practice growth correlate with specific site
                     activity?
                   • How do prospective clients use the website?
                   • How do current clients use the website?
Moving From Reporting to Analysis

Avinash Kaushik, Digital Marketing Evangelist for Google




 Web Reporting                   Data “Puke”       Actionable             Web Analytics
                                                    Insight




  •   Total site visits are up 1.5% this       •    Dodd Frank seminar reached 35
      month                                         physical attendees, materials
  •   Google remains the main referring             downloaded by 125 unique visitors
      search engine                            •    Blog has increased traffic to key growth
  •   Mobile traffic is currently at 3.5%           practice
                                               •    Articles targeting biotech industries are
                                                    shared at 50% above firm average
                                               •    Redesign of careers section has
                                                    increased reach to lateral attorneys
Common Challenges for Law Firm Marketers
                          Overly complex and expensive tool.

Crappy implementation                                Data integration is a nightmare
             Poorly defined processes for using web analytics.

Costly implementation.                               Crummy data export tool.
             Poorly defined Key Performance Indicators.
No data about statistical reference.    Too few relevant use cases.


                                        No knowledge within the company.
Lousy vendor documentation.             Support lacking at best.
   No standard quantitative inputs.                  NO help from IT department.

No standard industry definitions.      Contradictory explanations of what the data means.
                     Too few people who understand web analytics.
   Clients don’t want it.               Software too complex.

                          No standard quantitative inputs.
Common Opportunities for Law Firm Marketers
                                  Can you help me understand the data?
 Wh at sh o u ld w e rep o rt o n ?
                                             Can you help us put this data in context?

                       How do I know if my site is performing well?

 How do we compare to other firms?
                                  Can we customize these reports specifically to our firm?

 How much time should a visitor spend on my site, page, section…?


            How do I establish ROI?


 Can we get reporting specific to our content?

                       How can we easily compare traffic over time by
                                Content?
Common Challenges for Web Industry Marketers
Common Opportunities for Web Industry Marketers
Common Trends for Web Industry Marketers
Creating a Law Firm Web Analytics Strategy


   Not much use to know what is happening if you don’t know why it
                          is happening
                ______________________________________

   Hard to know why things are happening if you don’t know what is
                             happening
Creating a Law Firm Web Analytics Strategy
      Using analytics effectively is a process that aligns your business
                   objectives and website goals.


   Web analytics strategy is determined by:

    Business objectives
    What is the purpose of your website?
    Website goals
    What actions do you want people to take on your website to meet
    your business objectives?
    Key performance indicators (KPIs)
    What relevant web metrics can be used to measure the efficacy of
    your website goals over time?
Creating a Law Firm Web Analytics Strategy

              Produce insights that are actionable


   5 rules to actionable insights:
    Put data in business context
    Establish importance
    Measure from start to finish
    Be ready to be surprised
    Prioritize
Creating a Law Firm Web Analytics Strategy

     All data is secondary - primary quest is to understand the business
            context, which in turn will dictate procurement of data.


   • Which content is most engaging?
   • What type of content do visitors value the most?
   • Which content delivers business value?
Creating a Law Firm Web Analytics Strategy

   Metrics on your report should give you clear understanding of your performance in
                  these three areas: Activity, Behavior, and Outcomes.



   • Activity – Visits, Unique & Repeat Visits
   • Behavior – Bounce rate, Pageviews, Avg. time on Page
   • Outcome - Per Visit Goal value
Creating a Law Firm Web Analytics Strategy

              Look beyond the obvious!

• Look for trends, growth rates, declines…
Creating a Law Firm Web Analytics Strategy

              Look beyond the obvious!

• Add meaning to your reporting…
Getting Started: 5 Things You Can Do Today

           1. Add a touch of context…
Getting Started: 5 Things You Can Do Today

         2. Compare trends over time periods
Getting Started: 5 Things You Can Do Today

      3. Measure traffic distribution across site
Getting Started: 5 Things You Can Do Today

     4. Couple up metrics to be outcome metrics

                             “Come join the PALM Club –
                             People against Lonely Metrics”
                                       Avinash Kaushk, Google Evangelist
Getting Started: 5 Things You Can Do Today

             5. Focus on what’s changed




                     Unless the content on your
                     site changes every day, it is
                    quite unlikely that your Top 25
                     of anything changes all that
                                 much.
Creating a Law Firm Web Analytics

                     Get Started Today!!!

   • Search for organizations biggest and highest priorities
      – Establish Objectives
      – Set Goals

   • Narrow down the key metrics (KPIs) to monitor to report on
     goals
   • Select initiatives worthy of sustained focus that can make the
     biggest difference in meeting your goals.
   • Focus is critical. Don’t get distracted once the targets are
     identified.
   • Ask the (right) questions
tanya.ortiz@thomsonreuters.com

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From Reporting to Action: How to Understand and Drive Interactive Results

  • 1. From Reporting to Action: How to Understand and Drive Interactive Results Kalev Peekna, Director of Interactive Marketing Strategy Gita Bedi, Product Manager
  • 2. Our Presenters Kalev Peekna Gita Bedi Director, Interactive Marketing Strategy Product Manager, Web Analytics
  • 3. Agenda • State of Web Analytics Today • Realities for Business to Business Marketers • Key Areas to Analyze for B2B Sites • Common Challenges for Law Firm Marketers • Creating a Web Analytics Program • 5 Things You Can Do Today • .
  • 4. Web Reporting in Law Firms Today • Most use general tools like Google Analytics • Reports gathered monthly or quarterly • Most of it is ignored by stakeholders • Few can point to specific actions resulting from what they learned in web metrics reports
  • 5. Typical Components of a Web Dashboard Visits Pages Sources Referring Total Lawyers Sites Search Unique Practices Keywords Repeat News Geography
  • 6. What Do We Learn From a Typical Metrics Dashboard? • We know how many people come to the website or to a specific page • What search term they may have used… which for most B2B firms is some form of the firm name 98% of the time. • What country they came from… most of the time. • We have almost no information on who they are, why they are there, or what they want. Basically, we’re running a popularity contest.
  • 7. So, What’s Wrong With the Dashboard? Off-the-shelf metrics tools focus on two primary revenue models in the web industry: Advertising Products / Direct Service Visitors Click-throughs ? Professional Transactions Placement Conversions Services
  • 8. Website Role in Business Development Process Client view of acquiring legal services Web industry B2B law firms need tends to engagement at many focus here points
  • 9. What Should Professional Services Firms Measure? • Visibility Site • Usability Performance • Market Influence • Engagement Communications • Content Use Performance • Authority Business • Relationships Development • Integration with off-site BD • ROI Activity
  • 10. Site Performance Visibility • How many people are coming to the site? • Are we promoting the right content? • What are the recent changes in overall traffic patterns? Usability • Which areas of the site are receiving the most traffic? • Can people find what they are looking for? • Is my site designed for the visitor’s platform or browser? Market • How are people reaching the site? • Who is directing traffic to the site? Influence
  • 11. Communications Engagement • How does content perform comparatively? • Which content keeps visitor attention? • How does supportive content like video or downloadable materials affect visitor behavior? Content Use • Which content fulfills the visitor’s goals? • Do visitors explore other areas of content? • Which content is printed or downloaded by visitors? Authority • How often do people return to the site? • Which content is shared on social networks? • Is your thought leadership picked up by outside sources?
  • 12. Business Development Activity Relationships • Which regions drive the most traffic? • Do you have existing relationships with referring domains? Integration with • How does traffic change around an event or seminar? • Are practice development activities leveraging the off-site BD website? • Does your site effectively support claims made in pitches? ROI • Does practice growth correlate with specific site activity? • How do prospective clients use the website? • How do current clients use the website?
  • 13. Moving From Reporting to Analysis Avinash Kaushik, Digital Marketing Evangelist for Google Web Reporting Data “Puke” Actionable Web Analytics Insight • Total site visits are up 1.5% this • Dodd Frank seminar reached 35 month physical attendees, materials • Google remains the main referring downloaded by 125 unique visitors search engine • Blog has increased traffic to key growth • Mobile traffic is currently at 3.5% practice • Articles targeting biotech industries are shared at 50% above firm average • Redesign of careers section has increased reach to lateral attorneys
  • 14. Common Challenges for Law Firm Marketers Overly complex and expensive tool. Crappy implementation Data integration is a nightmare Poorly defined processes for using web analytics. Costly implementation. Crummy data export tool. Poorly defined Key Performance Indicators. No data about statistical reference. Too few relevant use cases. No knowledge within the company. Lousy vendor documentation. Support lacking at best. No standard quantitative inputs. NO help from IT department. No standard industry definitions. Contradictory explanations of what the data means. Too few people who understand web analytics. Clients don’t want it. Software too complex. No standard quantitative inputs.
  • 15. Common Opportunities for Law Firm Marketers Can you help me understand the data? Wh at sh o u ld w e rep o rt o n ? Can you help us put this data in context? How do I know if my site is performing well? How do we compare to other firms? Can we customize these reports specifically to our firm? How much time should a visitor spend on my site, page, section…? How do I establish ROI? Can we get reporting specific to our content? How can we easily compare traffic over time by Content?
  • 16. Common Challenges for Web Industry Marketers
  • 17. Common Opportunities for Web Industry Marketers
  • 18. Common Trends for Web Industry Marketers
  • 19. Creating a Law Firm Web Analytics Strategy Not much use to know what is happening if you don’t know why it is happening ______________________________________ Hard to know why things are happening if you don’t know what is happening
  • 20. Creating a Law Firm Web Analytics Strategy Using analytics effectively is a process that aligns your business objectives and website goals. Web analytics strategy is determined by:  Business objectives What is the purpose of your website?  Website goals What actions do you want people to take on your website to meet your business objectives?  Key performance indicators (KPIs) What relevant web metrics can be used to measure the efficacy of your website goals over time?
  • 21. Creating a Law Firm Web Analytics Strategy Produce insights that are actionable 5 rules to actionable insights:  Put data in business context  Establish importance  Measure from start to finish  Be ready to be surprised  Prioritize
  • 22. Creating a Law Firm Web Analytics Strategy All data is secondary - primary quest is to understand the business context, which in turn will dictate procurement of data. • Which content is most engaging? • What type of content do visitors value the most? • Which content delivers business value?
  • 23. Creating a Law Firm Web Analytics Strategy Metrics on your report should give you clear understanding of your performance in these three areas: Activity, Behavior, and Outcomes. • Activity – Visits, Unique & Repeat Visits • Behavior – Bounce rate, Pageviews, Avg. time on Page • Outcome - Per Visit Goal value
  • 24. Creating a Law Firm Web Analytics Strategy Look beyond the obvious! • Look for trends, growth rates, declines…
  • 25. Creating a Law Firm Web Analytics Strategy Look beyond the obvious! • Add meaning to your reporting…
  • 26. Getting Started: 5 Things You Can Do Today 1. Add a touch of context…
  • 27. Getting Started: 5 Things You Can Do Today 2. Compare trends over time periods
  • 28. Getting Started: 5 Things You Can Do Today 3. Measure traffic distribution across site
  • 29. Getting Started: 5 Things You Can Do Today 4. Couple up metrics to be outcome metrics “Come join the PALM Club – People against Lonely Metrics” Avinash Kaushk, Google Evangelist
  • 30. Getting Started: 5 Things You Can Do Today 5. Focus on what’s changed Unless the content on your site changes every day, it is quite unlikely that your Top 25 of anything changes all that much.
  • 31. Creating a Law Firm Web Analytics Get Started Today!!! • Search for organizations biggest and highest priorities – Establish Objectives – Set Goals • Narrow down the key metrics (KPIs) to monitor to report on goals • Select initiatives worthy of sustained focus that can make the biggest difference in meeting your goals. • Focus is critical. Don’t get distracted once the targets are identified. • Ask the (right) questions