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Analytics and Metrics




       Presented by Lindsey Fair
Things that can
measured = metrics
  Response Rate - Clicks, phone calls, prints, forwards, visits
  Retention - Repeat purchases
  Information acquired / Permission granted
  Eyeballs, ears, noses, mouths
  (enter, exit, length of time)
  Popularity / Virality - Friends, Followers, Likes, Links, Posts, Tags
  Purchases by $
  Purchases by #
  Purchases by Item popularity
  Expenses
  Partners
  Amount of Media coverage
  Dollar value of media coverage
                                                                          .....etc.
Cost Per              Piece
                         cost of campaign / # sent




$500    for postcard printing (received 5000 cards)
$200    for Canada Post (mailed 3000)
$700    total campaign expenses

/3000 # sent
$ 0.24 cost per piece (sent)
Cost
                  Per Response
                    cost of campaign / # responded




$500    for postcard printing (received 5000 cards)
$200    for mailing (mailed 3000)
$700    total campaign expenses

   /30 # responded
$ 23.33 cost per response
Gross Profit
                                      cost of campaign
                                      - revenue




  $ 90   $3 discount x 30 customers = lost opportunity costs
  $700   total campaign expenses
  $790   total cost of campaign
-$1080   $36 revenue x 30 customers = generated revenue from offer

$ 290    gross profit / loss
Bottom Line
                                       Profit
                                       Similar to gross profit,
                                       only all business
                                       expenses are taken into
                                       account




  $ 90   $3 discount x 30 customers = opportunity costs
  $700   total campaign expenses
  $ 45   pro-rated operating expenses
  $ 60   wholesale cost per product x # of products sold
  $895   TRUE cost of campaign
-$1500   $50 revenue x 30 customers = revenue from all related sales

$ 605    bottom line profit / loss
ROI
(Return on investment)


         $50 revenue x 30 customers =
$1500 revenue from all related sales
$ 790 total cost of campaign
$ 710 ROI
Lifetime Value
                           of a Customer
                           (LTV)




(5 x 3) *50 = $750 + $9 = $759
•average customer comes 5x /yr for 3 yrs, spends $50 ea.
•Plus the costs to do a campaign to replace that customer
Change in
                             Behaviour
                             Comparison of before
                             and after




10   Average # of frites sold Monday nights prior to campaign
16   # of frites sold Monday nights during campaign
15   # of frites sold on Monday nights after campaign
Trends
                              Chart showing trends for
                              any one category from
                              before, during and after.
                              Often using data from
                              Changes in behaviour.




10   Average # of frites sold Monday nights prior to campaign
16   # of frites sold Monday nights during campaign
15   # of frites sold on Monday nights after campaign
Measuring Tools

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Mcom30 slidedeck- class 7 - analysis

  • 1. Analytics and Metrics Presented by Lindsey Fair
  • 2. Things that can measured = metrics Response Rate - Clicks, phone calls, prints, forwards, visits Retention - Repeat purchases Information acquired / Permission granted Eyeballs, ears, noses, mouths (enter, exit, length of time) Popularity / Virality - Friends, Followers, Likes, Links, Posts, Tags Purchases by $ Purchases by # Purchases by Item popularity Expenses Partners Amount of Media coverage Dollar value of media coverage .....etc.
  • 3. Cost Per Piece cost of campaign / # sent $500 for postcard printing (received 5000 cards) $200 for Canada Post (mailed 3000) $700 total campaign expenses /3000 # sent $ 0.24 cost per piece (sent)
  • 4. Cost Per Response cost of campaign / # responded $500 for postcard printing (received 5000 cards) $200 for mailing (mailed 3000) $700 total campaign expenses /30 # responded $ 23.33 cost per response
  • 5. Gross Profit cost of campaign - revenue $ 90 $3 discount x 30 customers = lost opportunity costs $700 total campaign expenses $790 total cost of campaign -$1080 $36 revenue x 30 customers = generated revenue from offer $ 290 gross profit / loss
  • 6. Bottom Line Profit Similar to gross profit, only all business expenses are taken into account $ 90 $3 discount x 30 customers = opportunity costs $700 total campaign expenses $ 45 pro-rated operating expenses $ 60 wholesale cost per product x # of products sold $895 TRUE cost of campaign -$1500 $50 revenue x 30 customers = revenue from all related sales $ 605 bottom line profit / loss
  • 7. ROI (Return on investment) $50 revenue x 30 customers = $1500 revenue from all related sales $ 790 total cost of campaign $ 710 ROI
  • 8. Lifetime Value of a Customer (LTV) (5 x 3) *50 = $750 + $9 = $759 •average customer comes 5x /yr for 3 yrs, spends $50 ea. •Plus the costs to do a campaign to replace that customer
  • 9. Change in Behaviour Comparison of before and after 10 Average # of frites sold Monday nights prior to campaign 16 # of frites sold Monday nights during campaign 15 # of frites sold on Monday nights after campaign
  • 10. Trends Chart showing trends for any one category from before, during and after. Often using data from Changes in behaviour. 10 Average # of frites sold Monday nights prior to campaign 16 # of frites sold Monday nights during campaign 15 # of frites sold on Monday nights after campaign

Hinweis der Redaktion

  1. Polleverywhere – what can you measure?
  2. Tools Google analytics Email software analytics Coupons / ballots Cash register tapes Ppc analytics forms