DEFINE - equinetacademy.com€¦ · Number of app installations App installs per month Number of...

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DEFINE

Transcript of DEFINE - equinetacademy.com€¦ · Number of app installations App installs per month Number of...

Page 1: DEFINE - equinetacademy.com€¦ · Number of app installations App installs per month Number of promotion redemptions (via coupon codes) ... (LTV) Value of LTV (more in section 5)

DEFINE

Page 2: DEFINE - equinetacademy.com€¦ · Number of app installations App installs per month Number of promotion redemptions (via coupon codes) ... (LTV) Value of LTV (more in section 5)
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Zoom in on your objectives and

KPIs for social media

What you need to do

• Determine marketing

objectives and metrics

• Map to your digital marketing

funnel

• Understand Google Analytics

and URL Builder

TOOLS: Google Analytics, Google

URL Builder

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Set SMART Objectives

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Four Types of Marketing Objectives

Awareness Engagement (or Consideration)

Conversion Loyalty

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Examples of Awareness KPIsBrand Awareness Indicators Measurements

Total reach of social media efforts Reach (Facebook)

Social Network Size No of fans/ followers

Overall impressions of ads and posts Impressions (organic and paid)

Website/blog visitors Web page views or visits

Buzz on social media Brand mentions (eg BuzzSumo or Google)

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Examples of Engagement KPIsCommunity Engagement Measurements

Growth of new fans/followers New Fans/Follower per month

Number of video views Video views

Bounce rate on website (lower is better) Bounce Rate

Duration of video views Length of video viewed

Number of likes per post Average likes per post

Number of comments per post Average comments per post

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Examples of Conversion KPIsExamples of Conversion Measurements

Number of subscribers to email lists Subscribers per month

Number of downloads (eg eBook) Downloads per month

Number of app installations App installs per month

Number of promotion redemptions (via coupon codes)

Redemptions per month

Number of new leads generated Leads per month

Number of sales made Sales per month

Value of sales made Revenue per month

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Examples of Loyalty/ Advocacy KPIsExamples of Customer Loyalty/ Advocacy Measurements

Growth in number of fans/followers No of fans (“likes”) or followers

Number of shares and retweets Shares; retweets; reposts

Number of external blog posts Blog posts

Number of hashtagged posts Hashtagged posts

Increase in customer Life Time Value (LTV) Value of LTV (more in section 5)

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Link Strategic Intent to KPIs

Goals

Increase brand awareness online

Objectives

Grow Facebook community by 100%

Increase engagement by 50% per post

Increase virality and shareability of content

Generate 50% more traffic on website

Metrics

# of new fans (Likes)

# of likes, comments and shares

# of hashtags and brand mentions

50% growth in page views/ visitors

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Map To Digital Marketing Funnel

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Digital Funnel (Objectives)

Landing Page

Optimization

Social Media

Optimization

Conversion

Website

Optimization

Customer

Experience

Email

Marketing

Content

MarketingContent Reader

Fan/ Follower

Click Throughs

Subscriber

Repeat Customer

Customer

Prospect

Brand Advocate

Viewer/ VisitorAWARENESS

CONVERSION

ENGAGEMENT

LOYALTY

Online

Advertising

Social Media

Marketing, SEO

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Digital Funnel (Tools & Channels)

Landing Page

Optimization

Social Media

Optimization

Conversion

MID

DLE

OF

FUN

NEL

(M

OF

U)

BO

TTO

M

OF

FUN

NEL

(B

OF

U)

Website

Optimization

Customer

Experience

TOP

OF

FUN

NEL

(T

OF

U)

Email

Marketing

Content

MarketingContent Reader

Fan/ Follower

Click Throughs

Subscriber

Repeat Customer

Customer

Prospect

Brand Advocate

Viewer/ Visitor

Online

Advertising

Social Media

Marketing

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Digital Funnel (Analytics)

MID

DLE

OF

FUN

NEL

(M

OF

U)

BO

TTO

M

OF

FUN

NEL

(B

OF

U)

TOP

OF

FUN

NEL

(T

OF

U) 100,000

Reach, Ad Impressns,

Views, Visits

10,000

(10% CTR)

Engaged Fans, Followers

(Like, Comment)

-5,000

(50% bounce rate)

Percentage which

immediately leaves

= 5,000 readers Content readers

1,000 leads

(20% of readers)Leads (opt-in via form)

500 prospects

(50% of leads)

Prospects (respond to

email call to actions)

100 sales

conversions (20%)

Customers (ie actual

sales)

40 repeats (40% of

customers)Loyal Customers

33 advocates

(33% of customers)Advocates

Content Reader

Fan/ Follower

Click Throughs

Subscriber

Repeat Customer

Customer

Prospect

Brand Advocate

Viewer/ Visitor

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Game Time!

15 mins

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Instructions:• Form teams of 4 to 5 each

• Each team will be given:

• A set of Marketing Objectives cards

• A set of KPI measurements cards

• A set of Customer Group cards

• See which team can complete first

20 mins

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Reach (Facebook)

Leads per month

MarketingObjectives

KPIs Customer Groups

Subsciber

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Activity 1:1. Arrange the 4 Marketing Objectives

(Set A) in order of their value to the company.

2. From Least Valuable (Left) to Most Valuable (Right)

Most Valuable

Least Valuable

5 mins

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Marketing Objectives

Awareness Engagement Conversion Loyalty/Advocacy

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Activity 2:1. Sort the KPI Cards (Set B) into the 4 Marketing Objectives.

5 mins

Awareness Engagement Conversion Loyalty/Advocacy

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Brand Awareness

Community Engagement

Conversion Customer Loyalty/Advocacy

Reach (Facebook) New fans/followers per month

Subscribers per month No of Fans/Followers

No of fans/followers Video views Download per month Shares, retweets, reposts

Impressions (organic/paid)

Bounce rate App installed per month External Blog posts

Webpage views/visits Length of video viewed Redemption per month Hashtag posts

Brand Mentions (e.gBuzzSumo or Google)

Average likes per post Leads per month Value of Life Time Value (LTV)

Average comments per post

Sales per month

Revenue per month

Key Performance Indicators (KPIs) Classification

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Activity 3:1. Arrange the 4 Marketing Objectives from Top to Bottom. “Least

Valuable” on top and “Most Valuable” below. See Below.

2. Match the Customer Groups to the 4 Marketing Objectives.

Awareness

Engagement

Conversion

Loyalty/Advocacy

10 mins

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Customer Groups In A Digital Funnel

Awareness

Engagement

Conversion

Loyalty/Advocacy

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Debrief

5 mins

• What have you learned about objectives, KPIs and digital funnel?

• What does this show you?

• How Can You Apply This in Your organisation?

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Google Analytics Walk Through

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Basic Terms in Google Analytics

Source: http://www.analytics-ninja.com/blog/2011/08/how-google-analytics-calculates-visits.html

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Basic Terms in Google Analytics

VisitsUnique visitors

Single page visits

%tage new visits

No of pages viewed

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Set Up New Account• Set up Google account

• Go to http://analytics.google.com

• Click the Sign into Google Analytics button.

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Fill in Your Website Information

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Install Your Tracking Code

• Click Get Tracking ID button

• Get tracking code

• Paste on every page of your website (work with developers)

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Set Up Goals

• Click on the Admin link at the top

• Click on Goals under your website's View column.

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Link Goals to “Thank You” pageGoals will tell Google Analytics when something important happened.

Usually a final “thank you” or “confirmation” page for visitors to land upon once they have completed a purchase. That URL will likely look something like this.

• http://123business.com/thank-you• http://123business.com/thank-you/• http://123business.com/thank-you.html

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Click on New Goal button

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Choose Custom Button

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Describe Your Goal

• Choose an easy to remember name

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Enter Confirmation Page URL

You may wish to include a specific dollar value for that conversion to complete set up.

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Audience Overview of GA data

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Change the Date Range

• At the top right, you can change the date range to view your data.

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Hover to find individual day data

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Basic overview of website users

• Top 10 countries, cities, browsers, OS, screen resolutions, etc

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Click on Report to see full reports

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Hover to learn more about each metric

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Types of GA Reports

• Audience: Demographics, Interests, Locations, Language, Behaviours, Technology used

• Acquisition: Traffic sources, broken down by channels and sources/medium, PPC campaigns, and SEO

• Behaviour: Behaviour flow of your visitors, including top entry pages, top exit pages, search terms, etc.

• Conversions: Linked to Goals which you’ve set up.

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Tracking Visitor Flows and Drop-offs

Source: http://www.jwag.biz/newsletters/2014/10/21/google-analytics-users-flow-report.html

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Goals and Conversions

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Beginner’s Guide to Google Analytics

• Information taken from “The Absolute Beginner’s Guide to Google Analytics”

• Source: https://moz.com/blog/absolute-beginners-guide-to-google-analytics

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What Does GA Track?

Bounce-rate

Purchases

Sign-ups on pages

Repeat

Customers

Content Reader

Fan/ Follower

Click Throughs

Subscriber

Repeat Customer

Customer

Prospect

Brand Advocate

Viewer/ VisitorAWARENESS

CONVERSION

ENGAGEMENT

LOYALTY

No of web visitors

Readers (eg above 1

min duration?)

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Exercise

10 mins

• Set up your Google Analytics account• Access GA Merchandise Store by

clicking: https://analytics.google.com/analytics/web/demoAccount

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Exercise

10 mins

Total sessions ________

Total users ________

Total page views ________

Pages/ sessions ________

Session duration ________

Bounce rate ________

New sessions ________

Age group of most visitors __________

Percentage of male vsfemale __________

Top 7 countries of users __________

New users? __________

Returning users? __________

Top source of user traffic (channel)? __________

Most important social media channel? ________________

Total number of goal completions? ________________

Total abandonment rate? ________________

Goal conversion rate? ________________

Total revenue through e-commerce? ________________

Find out the following answers from GA Demo Account

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Tracking Campaign in

Google Analytics

(Source: https://www.shopify.com.sg/blog/14759449-how-to-track-your-marketing-campaigns-in-google-analytics)

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http://spikehq.com/approach-split-testing-costing-money/

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The UTM ParametersParameter Purpose

Campaign Source (utm_source)

To describe the website or main source in which the link will be placed. Eg. the name of the website displaying your ads or if you're using the link in an email newsletter, you may use "newsletter".

Campaign Medium (utm_medium)

To describe the marketing activity. Eg. you may want to call this "ppc" if you're using this for a pay-per-click campaign or "review" if you're using the link to track traffic from a product review on a blogger's site.

Campaign Name (utm_campaign)

To refer to the overall campaign you're running. Eg. it could refer to a product launch, a summer campaign or a particular sale.

OPTIONAL

Campaign Term (utm_term)

This is used for tracking particular keywords if you're running an Adwords campaign.

Campaign Content (utm_content)

This is helpful if you're split testing ads. In this case you could track each ad to see which was most effective for driving traffic.

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Google Analytics URL-Builder

https://ga-dev-tools.appspot.com/campaign-url-builder/

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Google Analytics URL-Builder

www.yoursite.com/?utm_source=newsletter&utm_medium=

email&utm_campaign=2014%20summer%20sale

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Best Practices Creating Trackable URLs

Use a standard naming convention

Anyone can see the parameter. Don’t write anything you don’t want your customer to see.

Use lowercase letters

Use a link shortener service like bit.ly

Create only the necessary ones

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Shortener Service bit.ly

www.yoursite.com/?utm_sour

ce=newsletter&utm_medium

=email&utm_campaign=2014

%20summer%20sale

http://bit.ly/1l8oG1a

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Viewing Your Campaign ReportsMay take 24 Hours to receive and record data

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Viewing Your Campaign Reports

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Viewing Your Campaign Reports

If you have eCommerce Tracking

Note: Campaigns will only show up in your Google Analytics Campaign reports if the links are clicked on.

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When To Use UTM Parameters?

Guest Blog Post Social Email

Features Banner Ads

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Exercise1) Create Trackable URL with following parameters:• Campaign Source: Facebook• Campaign Medium: PPC• Campaign Name: Social Promotion

2) Shorten using bitly if necessary

5 minshttps://support.google.com/analytics/answer/1033867?rd=2

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Debrief

5 mins

• What have you learned using Google Analytics?

• What does this show you?

• How can you apply this in your organisation?

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