4 Crystal Ball Analytics Tricks for Accelerating Growth by Tammy Camp at 500 Startups // Mena...

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4 “Crystal Ball” Analytics Tricks for Accelerating Growth I WAS DOING IT WRONG FOR 2.5 YEARS

Transcript of 4 Crystal Ball Analytics Tricks for Accelerating Growth by Tammy Camp at 500 Startups // Mena...

Page 1: 4 Crystal Ball Analytics Tricks for Accelerating Growth by Tammy Camp at 500 Startups // Mena Ventures 2015

4 “Crystal Ball” Analytics Tricks for Accelerating GrowthI WAS DOING IT WRONG FOR 2.5 YEARS

Page 2: 4 Crystal Ball Analytics Tricks for Accelerating Growth by Tammy Camp at 500 Startups // Mena Ventures 2015
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• 500 Startups Distribution Hacker in ResidenceABOUT TAMMY

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ABOUT TAMMY

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@TAMMYCAMP

Entrepreneur MAKING A

PROFIT

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@TAMMYCAMP

tracking.code (‘Magic’ ={false});

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@TAMMYCAMP

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@TAMMYCAMP

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Acquisition - users come to the site from various channels

Activation - users enjoy 1st visit: “happy” user experience

Retention - users come back, visit the site multiple times

Referral - users like the product enough to refer other

Revenue - users conduct some monetization behavior

@TAMMYCAMP

AARRR

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Acquisition - users come to the site from various channels

Activation - users enjoy 1st visit: “happy” user experience

Retention - users come back, visit the site multiple times

Referral - users like the product enough to refer other

Revenue - users conduct some monetization behavior

@TAMMYCAMP

AARRR

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Acquisition - users come to the site from various channels

Activation - users enjoy 1st visit: “happy” user experience

Retention - users come back, visit the site multiple times

Referral - users like the product enough to refer other

Revenue - users conduct some monetization behavior

@TAMMYCAMP

AARRR

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Acquisition - users come to the site from various channels

Activation - users enjoy 1st visit: “happy” user experience

Retention - users come back, visit the site multiple times

Referral - users like the product enough to refer other

Revenue - users conduct some monetization behavior

@TAMMYCAMP

AARRR

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Acquisition - users come to the site from various channels

Activation - users enjoy 1st visit: “happy” user experience

Retention - users come back, visit the site multiple times

Referral - users like the product enough to refer other

Revenue - users conduct some monetization behavior

@TAMMYCAMP

AARRR

Page 20: 4 Crystal Ball Analytics Tricks for Accelerating Growth by Tammy Camp at 500 Startups // Mena Ventures 2015

Acquisition - users come to the site from various channels

Activation - users enjoy 1st visit: “happy” user experience

Retention - users come back, visit the site multiple times

Referral - users like the product enough to refer other

Revenue - users conduct some monetization behavior

AARRR

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@TAMMYCAMP

1990s

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2000s

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2010s

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2010s

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2010s

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@TAMMYCAMP

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1. Create a Tracking Plan

2. Carefully select events

3. Put detail in the properties

4. Define a naming convention

@TAMMYCAMP

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1. Create a Tracking Plan

2. Carefully select events

3. Put detail in the properties

4. Define a naming convention

@TAMMYCAMP

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1. Create a Tracking Plan

2. Carefully select events

3. Put detail in the properties

4. Define a naming convention

@TAMMYCAMP

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@TAMMYCAMP

Event = An event is a description

of the action that is taking place.

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@TAMMYCAMP

A common mistake is to track EVERYTHING

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@TAMMYCAMP

Always ask WHY you are tracking each event

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@TAMMYCAMP

Start with THREE events

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@TAMMYCAMP

Yep, only THREE events

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E-Commerce Funnel

Item Viewed

Item Added to Cart

Item Purchased

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1. Create a Tracking Plan

2. Carefully select events

3. Put detail in the properties

4. Define a naming convention

@TAMMYCAMP

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@TAMMYCAMP

Property = Properties are the traits that make up the event.

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@TAMMYCAMP

How many new sign ups did we have today?

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@TAMMYCAMP

Track Event signedUp

Properties userName

emailreferrerlocationdevice

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1. Create a Tracking Plan

2. Carefully select events

3. Put detail in the properties

4. Define a naming convention

@TAMMYCAMP

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@TAMMYCAMP

Name properties in camelcase (lowercaseCapital form)

for easy reading

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@TAMMYCAMP

Naming convention can be “Object” + “Action”

(in past tense)

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1. Create a Tracking Plan

2. Carefully select events

3. Put detail in the properties

4. Define a naming convention

@TAMMYCAMP