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The role of data analysis in
SME e-commerce




The 12th Conference on electronic commerce and electronic business E-trgovina 2012
27.4.2012.

Damir Trninic, dooConsult doo Beograd, Founder and Owner




                         _we help businesses, organizations and governments to work better and deliver more
_we help businesses, organizations and governments to work better and deliver more



Good news!

THE WEB ELIMINATES GUESSWORK.

EACH AND EVERY ONE OF US LEAVES A
DIGITAL FINGERPRINT WITH EVERY CLICK,
STATUS/POST/LIKE, PAGE IMPRESSION AND
PURCHASE.




 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



Put a face on each transaction




 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



Put a face on each transaction




 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



Even more good news!

NOW ,WE HAVE EFFECTIVE WAYS HOW TO USE THIS
INSIGHT TO OPTIMIZE OUR ECOMMERCE,
INFLUENCE PEOPLE’S BEHAVIOR, AND ULTIMATELY
DRIVE ACTIONS THAT WE CARE ABOUT – CLICKS,
PAGE VIEWS, PURCHASES, POSITIVE FEEDBACK…




 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



And never ever forget the bottom line!


NOW ,WE HAVE TOOLS THAT
GETTING US FASTER TO THE
TOP, KEEPING US THERE AND
RELEVANT AND IN BLACK.



 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



Yet, the challenges remain!

HOW TO UNCOVER PATTERNS OF BEHAVIOR IN
INTERACTION DATA, UNCOVERING CLUSTERS OF
PEOPLE THAT DEMONSTRATE A PROPENSITY TO GO
THROUGH SIMILAR SEQUENCES OF ACTIONS, SUCH
AS CLICKS ON WEB PAGES AND SOCIAL MEDIA,
ONLINE ORDERS, RESPONSES TO MARKETING
OFFERS.




 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



It isn’t only about Web and Social Media




 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



State of Web Analytics and SM Analytics




 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



Define the problem!

Doing data analysis without explicitly defining your
problem or goal is like heading out on a road trip without
having decided on a destination.

You might come across some interesting sights, but
without a guarantee that you will find anything.




 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



Make the recommendation!

Combine your ideas and judgements, along with your
crystal clear recommendations, in a package that is useful
and insightful for the decision makers.

The recommendations must be supported by data, and not
by your preliminary hypothesis. There is nothing wrong if
you were wrong before the data analysis.




 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



Data analysis applications in ecommerce

Customer profiling

Recommendation systems

Web personalization




MAKE THESE WORK AS A WHOLE AND
SEAMLESSLY!
 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



Social Media Analytics

An example of the prevailing perception of Social Media
analytics and metrics:

“Za razliku od tradicionalnog PR-a, digitalni PR može se precizno mjeriti. Klikom
miša analizirate uspješnost onoga što ste poslali prema publici. U drugim
medijima više-manje viješću gađate u prazno pa koga pogodite. Na internetu
gađate precizno, bez većih promašaja. Osim toga, ne postoji ograničenje u
dosegu publike. Ono se ne mjeri kupnjom broja prodanih primjeraka novinama i
ne množi s potencijalnim čitateljima koji su prodani primjerak konzumirali u
kafićima i kozmetičkim salonima. Na internetu vrlo dobro znate tko, gdje i kada
je pogledao sadržaj koji ste ponudili.”




 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



Social Media Analytics

However, the truth is:

Marketers can’t answer the question, “What is the
business impact of social media?” They have difficulty
measuring both the results of their social media efforts,
and the impact of conversations happening on social
networks and in online communities.

Marketers are managing social media programs in isolation
and without the business context that makes social media
data actionable.


 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



And never forget…

People have “tools” to analyze your ecommerce business
too. And they quickly learn and compare. Then, they can
stay with you or simple walk away.

Use the data analysis to gain a responsive and cost
effective visibility into who is wrongdoing what, where, on
your online store and elsewhere.

It is not about your ecommerce and your clients only, it’s
about 3rd parties as well. Gain the access to their data and
their analytics. Respond only if you have all the
information.

 © 2012 dooConsult doo Beograd, All rights reserved.
_we help businesses, organizations and governments to work better and deliver more



And it’s coming to SME ecommerce




BIG DATA.

 © 2012 dooConsult doo Beograd, All rights reserved.
Thanks!
Email:
office@dooconsult.com

Web:
dooConsult.com
dooInteractive.com




The 12th Conference on electronic commerce and electronic business E-trgovina 2012
27.4.2012.




                         _we help businesses, organizations and governments to work better and deliver more

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e-Trgovina 2012 presentation "The role of data analysis in SME e-commerce"

  • 1. The role of data analysis in SME e-commerce The 12th Conference on electronic commerce and electronic business E-trgovina 2012 27.4.2012. Damir Trninic, dooConsult doo Beograd, Founder and Owner _we help businesses, organizations and governments to work better and deliver more
  • 2. _we help businesses, organizations and governments to work better and deliver more Good news! THE WEB ELIMINATES GUESSWORK. EACH AND EVERY ONE OF US LEAVES A DIGITAL FINGERPRINT WITH EVERY CLICK, STATUS/POST/LIKE, PAGE IMPRESSION AND PURCHASE. © 2012 dooConsult doo Beograd, All rights reserved.
  • 3. _we help businesses, organizations and governments to work better and deliver more Put a face on each transaction © 2012 dooConsult doo Beograd, All rights reserved.
  • 4. _we help businesses, organizations and governments to work better and deliver more Put a face on each transaction © 2012 dooConsult doo Beograd, All rights reserved.
  • 5. _we help businesses, organizations and governments to work better and deliver more Even more good news! NOW ,WE HAVE EFFECTIVE WAYS HOW TO USE THIS INSIGHT TO OPTIMIZE OUR ECOMMERCE, INFLUENCE PEOPLE’S BEHAVIOR, AND ULTIMATELY DRIVE ACTIONS THAT WE CARE ABOUT – CLICKS, PAGE VIEWS, PURCHASES, POSITIVE FEEDBACK… © 2012 dooConsult doo Beograd, All rights reserved.
  • 6. _we help businesses, organizations and governments to work better and deliver more And never ever forget the bottom line! NOW ,WE HAVE TOOLS THAT GETTING US FASTER TO THE TOP, KEEPING US THERE AND RELEVANT AND IN BLACK. © 2012 dooConsult doo Beograd, All rights reserved.
  • 7. _we help businesses, organizations and governments to work better and deliver more Yet, the challenges remain! HOW TO UNCOVER PATTERNS OF BEHAVIOR IN INTERACTION DATA, UNCOVERING CLUSTERS OF PEOPLE THAT DEMONSTRATE A PROPENSITY TO GO THROUGH SIMILAR SEQUENCES OF ACTIONS, SUCH AS CLICKS ON WEB PAGES AND SOCIAL MEDIA, ONLINE ORDERS, RESPONSES TO MARKETING OFFERS. © 2012 dooConsult doo Beograd, All rights reserved.
  • 8. _we help businesses, organizations and governments to work better and deliver more It isn’t only about Web and Social Media © 2012 dooConsult doo Beograd, All rights reserved.
  • 9. _we help businesses, organizations and governments to work better and deliver more State of Web Analytics and SM Analytics © 2012 dooConsult doo Beograd, All rights reserved.
  • 10. _we help businesses, organizations and governments to work better and deliver more Define the problem! Doing data analysis without explicitly defining your problem or goal is like heading out on a road trip without having decided on a destination. You might come across some interesting sights, but without a guarantee that you will find anything. © 2012 dooConsult doo Beograd, All rights reserved.
  • 11. _we help businesses, organizations and governments to work better and deliver more Make the recommendation! Combine your ideas and judgements, along with your crystal clear recommendations, in a package that is useful and insightful for the decision makers. The recommendations must be supported by data, and not by your preliminary hypothesis. There is nothing wrong if you were wrong before the data analysis. © 2012 dooConsult doo Beograd, All rights reserved.
  • 12. _we help businesses, organizations and governments to work better and deliver more Data analysis applications in ecommerce Customer profiling Recommendation systems Web personalization MAKE THESE WORK AS A WHOLE AND SEAMLESSLY! © 2012 dooConsult doo Beograd, All rights reserved.
  • 13. _we help businesses, organizations and governments to work better and deliver more Social Media Analytics An example of the prevailing perception of Social Media analytics and metrics: “Za razliku od tradicionalnog PR-a, digitalni PR može se precizno mjeriti. Klikom miša analizirate uspješnost onoga što ste poslali prema publici. U drugim medijima više-manje viješću gađate u prazno pa koga pogodite. Na internetu gađate precizno, bez većih promašaja. Osim toga, ne postoji ograničenje u dosegu publike. Ono se ne mjeri kupnjom broja prodanih primjeraka novinama i ne množi s potencijalnim čitateljima koji su prodani primjerak konzumirali u kafićima i kozmetičkim salonima. Na internetu vrlo dobro znate tko, gdje i kada je pogledao sadržaj koji ste ponudili.” © 2012 dooConsult doo Beograd, All rights reserved.
  • 14. _we help businesses, organizations and governments to work better and deliver more Social Media Analytics However, the truth is: Marketers can’t answer the question, “What is the business impact of social media?” They have difficulty measuring both the results of their social media efforts, and the impact of conversations happening on social networks and in online communities. Marketers are managing social media programs in isolation and without the business context that makes social media data actionable. © 2012 dooConsult doo Beograd, All rights reserved.
  • 15. _we help businesses, organizations and governments to work better and deliver more And never forget… People have “tools” to analyze your ecommerce business too. And they quickly learn and compare. Then, they can stay with you or simple walk away. Use the data analysis to gain a responsive and cost effective visibility into who is wrongdoing what, where, on your online store and elsewhere. It is not about your ecommerce and your clients only, it’s about 3rd parties as well. Gain the access to their data and their analytics. Respond only if you have all the information. © 2012 dooConsult doo Beograd, All rights reserved.
  • 16. _we help businesses, organizations and governments to work better and deliver more And it’s coming to SME ecommerce BIG DATA. © 2012 dooConsult doo Beograd, All rights reserved.
  • 17. Thanks! Email: office@dooconsult.com Web: dooConsult.com dooInteractive.com The 12th Conference on electronic commerce and electronic business E-trgovina 2012 27.4.2012. _we help businesses, organizations and governments to work better and deliver more