Prof. Panos Ipeirotis Search and the New Economy Session 2 Web Analytics.

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Prof. Panos Ipeirotis Search and the New Economy Session 2 Web Analytics

Transcript of Prof. Panos Ipeirotis Search and the New Economy Session 2 Web Analytics.

Page 1: Prof. Panos Ipeirotis Search and the New Economy Session 2 Web Analytics.

Prof. Panos Ipeirotis

Search and the New Economy

Session 2

Web Analytics

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Frequency of Access

• Frequency of access decreases by distance^2 (Result from traditional library science)

• Result carries over to physical stores

• Result carries over to information environments

Question: How do we understand how users/customers access what we offer?

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Data-driven Decisions:Testing, testing, testing, testing

• Common scenario: – Boss, designer, employee “knows what works best” (for him/her)– Boss, designer, employee wants to do site design

• Common error: Think that we know what customers want

• 80% of the time we are wrong about what a customer wants or expects from site experience (e.g., consider reasons to visit Amazon.com)

• The only truth: Constant experimentation and testing improves customer “relevancy” and improves conversion

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The objectives of this session

• Web analytics for own website– What customers look at– Where they come from– How to engage them

• Web analytics for monitoring competitors– How customers behave in general– Why they go to competitors– What they do there

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Outline of today’s class

How customers behave in our own website• Micro / In-site / Quantitative (What)

– Eyetracking– Clickstreams, log analysis

• Meso / In-site / Qualitative (Why)– Surveys– Lab-usability tests– In-situ tests

How customers behave in other websites• Macro / Across-site

– Panel data (ComScore, Alexa)– ISP measurements (HitWise)– Search engine data (Google Trends, Microsoft adCenter)

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Eyetracking monitors

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Eyetracking studies

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Eye Tracking Studies

• Golden Triangle– Top left corner– Not only in search engines

• Quick scan– For candidate

• Longer scan– For relevance

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Analysis of Washington Post

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Eyetracking (again)

•FDIC distrusts us * No Bank Quality * Will Lose Value •Not ready to event an insurance? Tax group of our manager discussion free of funds. •Get $25 to close an E*Trade Bank Money Market Plus Advice! Tax a gear cool and ATM access!

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Eyetracking: The F-pattern

• Users don't read text thoroughly

• The first two paragraphs must state the most important information.

• Start subheads, paragraphs, and bullet points with information-carrying words

• Merge “foreign content” with page information

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Clickstream / Log Analysis

• Eyetracking studies are limited to a lab

• Often we need to analyze how users behave when visiting our site

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Sources of click data

• Web Server Logs Pros: You own the data, Capture search engine visits Cons: Difficult to customize, Misses cached requests

• Web Beacons (1x1 pixel images)

Pros: Easy to add Cons: Bad reputation, often blocked

• Javascript Tags Pros: Capture real visitors, Customizable Cons: ~5% of users have JavaScript off

Assignment 2: Use Google Analytics (Javascript-based) to capture user behavior on your website

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Foundational Metrics

• Visitors / Unique visitors– Pay attention on definition of

“unique” (cookie? date? IP?)• Time on site

– Tricky! Should consider the goal of the site

• Page views– Good for content/brand sites– Unclear for other sites– Increasingly outdated

(blogs, Gmail, Flash, dynamic content)

• Bounce rate– Reveals real visitors– % of single page visits– (or % of <5 second visits)

Segment, segment, segment!

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Goal and Lead Metrics

• “Unique Visitors” tends to be THE metric to follow, BUT instead:

• Set up goals and measure conversion rate and goal value (SettingsEditGoal)

• Segment by:– Referring sites– Search engines + Keywords– AdWords campaigns

• Analyze for leads!– “Wikipedia referrals are more engaged and have low bounce rate”– Use Microsoft AdCenter Labs to analyze demographics (will get back to this)

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Content Metrics

• Top content– Why users are coming– What they are looking for

• Top landing (entry) pages– First impression!– Polish and direct users to goals

• Click density analysis– Use CrazyEgg.com

• Funnel analysis– In multi-page processes, where users abandon? – Mortgage application at Agency.com move personal information form later– Abandoned purchases at Lane Bryant offer free shipping

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Click Density Analysis

Click OverlayClick Heatmap

Where users click, and which users click in each link

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Your own experience?

• Questions?

• Anything that you would like to add?

• Lessons from practical experience?

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Redesign and Experimentation

• After detecting problems or opportunities:1. Make a hypothesis2. Redesign3. Test for performance(Common error: Skipping step 1)

Two common approaches for testing• A/B testing• Multivariate testing

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A/B testing

Version A Version B

Run versions A and B and see which improves

the target performance indicator

Image on the left“add to shopping cart” bottom right

Image on the right“add to shopping cart” top left

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Multivariate Testing

Modularize page and test variations for each module(see Google Website Optimizer, Offermatica, Optimost, SiteSpect, Kefta, …)

Headline

Image Text

Call to action

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Multivariate Testing

3 different headlines

3 different images

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Examine Results

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Example: Dale & Thomas

• Popcorn company

• Variables:– Main layout– Order area headline (6)– Order area image (6)– Order area button – Popcorn flavors image (4)– “Free shipping” – “Sign-up for mailings”→ 1.9 million variations possible

+13% in sales, within a month

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OK, we optimized our own site

• Is +13% good?• …or lagging behind the competitors?

• What types of customers go to our competitors?• Why?• …

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Outline of today’s class

How customers behave in our own website• Micro / In-site / Quantitative (What)

– Eyetracking– Clickstreams, log analysis

• Meso / In-site / Qualitative (Why)– Surveys– Lab-usability tests– In-situ tests

How customers behave in other websites• Macro / Across-site / Competitive Intelligence

– Panel data (ComScore, Alexa)– ISP measurements (HitWise)– Search engine data (Google Trends, Microsoft adCenter)

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Need for Competitive Data

• Understand how competitors perform

• How competitors get visitors

• Where customers go after visiting competitor’s site

• Demographics

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ISP-Based Data (HitWise)

• Benefits– Big sample size (~25M users)– Captures all types of traffic– Good for relatively small sites as well (~100K visitors)

• Concerns– (Relative) lack of depth of analysis– Lack of purchase / payment data (no https logging)

Anonymous data, bought from multiple Internet Service Providers

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HitWise: Upstream and Downstream

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HitWise: Industry Statistics

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HitWise: Keyword Statistics

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Panel-Based Data (Alexa)

• Benefits– Free– Large sample size (>20M)

• Concerns– Percentage reporting (not absolute values)– Self-selection bias due to targeting (webmasters?)

• Useful mainly for comparing similar sites

Users install toolbar and agree to have their traffic anonymously

monitored

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Panel-Based Data (ComScore)

• Benefits– Detailed demographics for users– Provides conversion rates and purchases– 100% of traffic

• Concerns– Sample size (relatively) small, 100K-2.5M– Sample selection bias due to incentives– Mainly home usage, no work-based (but also avoid

double counting?)– Not good for sites with less than 1M visitors

Recruits users who agree to have their traffic monitored, in exchange

for payment and benefits

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What service would you use? Why?