My talk at Superweek 2018 - With the abundance of data available in analytics we are no longer competing on the volume of data we have access to, but the quality of the questions we ask. The challenge is that we have never been taught to ask or taught other people to ask the right questions from analytics. So we spend our lives answering questions like "what is our bounce rate?" or "how much did the last campaign convert?" when we could be asking important and business critical question. This means that we in analytics have to consider putting the KPQ (Key Performance Question) before the KPI (Key Performance Indication) to start asking better questions.
4. WHO ARE IIH NORDIC?
50+ employees
Helping companies with their
Digital Strategy, digital
marketing, web analytics and
Conversion optimization
True 4DWW
Since February 2017
30 hours – same pay
Combine data with action
Best in Class
We have been awarded the
title of Danish “Web Analytics
Agency of the year” for the last
6 consecutive years
7. BUT WHY?
*Top 6 Google Analytics KPIs: A Professional Guide to Modern Web Analytics
Average time on site?
Bounce rate?
Average pages per visit?
Conversion rate?
8. THE BEST PLACE TO HIDE A DEAD BODY
Campaign
Conversion
Brand+Product
Brand
Product category
Other sale
Non sale
Non
Bounce
Interest
9. SETTING OF IN THE WRONG DIRECTION
”What do you want to
know about the website?”
27. 5 SIMPLE RULES
Based on ALL strategic company goals
Open Question
Now or future focused
Think outside the dataset
Underlying KPIs
28. ”DO WE NEED TO CHANGE ANYTHING TO DELIVER ON SALES?”
29. A DRILLDOWN EXAMPLE
Online Sales -3 -2 -1 Now
Estimated
EoY Last year
Total sales volume
Number of orders
Average order size
Average basket size
Marketing effort
Competition markting effort
Share of new orders
Share of orders from mobile
Share of repeat purchases
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THANK YOU
Please join me on Linkedin: (Steen IIH), if you enjoyed the presentation
Steen Rasmussen
Senior Partner
Phone: +4526210595
Mail: steen@iihnordic.com
twitter@strasm