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Web Analytics in Entrepreneurship

Date post: 01-Jul-2015
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Your website is going to be a big part of your startup venture and as entrepreneur you may rely even more heavily on online marketing. When doing this, you need to be able to use metrics to analyze how your online campaigns are doing. Furthermore, using analytics is a key part of a lean startup methodology which helps you build a product that customers like, using real data, meaning that you can move faster and make better decisions than if just relying on intuition.
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Web Analytics in Entrepreneurship Entrepreneurship, Goethe-Universität
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Page 1: Web Analytics in Entrepreneurship

Web Analytics in Entrepreneurship

Entrepreneurship, Goethe-Universität

Page 2: Web Analytics in Entrepreneurship

Web Analytics in Entrepreneurship

Entrepreneurship, Goethe-Universität

Page 3: Web Analytics in Entrepreneurship

AGENDA

Setting goals Metrics Reports Conversion Social Media Decision Making

Page 4: Web Analytics in Entrepreneurship

WHO AMI?

Page 5: Web Analytics in Entrepreneurship

erik bernskiöld

Page 6: Web Analytics in Entrepreneurship

Consultancy Web & Digital Strategy

WordPress Web Agency

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Analytical Mindset

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IDEAS

PRODUCT

MEASUREMEASURE

DATA

MEASUREBUILDMEASURELEARN

Page 9: Web Analytics in Entrepreneurship

IDEAS

PRODUCT

MEASUREMEASURE

DATA

BUILDMEASURELEARN

Page 10: Web Analytics in Entrepreneurship

GOALSSETTING PROPER

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GOALSMORE SALES

MORE VISITORS

HIGHER REACH

HIGHER ENGAGEMENT

MORE CONVERSIONS

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KPIsSALES

VISITORS

REACH

ENGAGEMENT

CONVERSIONS

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PRIMARY GOALby

IMPROVING “FEATURE X”

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USER GROWTHGREAT EXPERIENCES

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GOOGLE ANALYTICS

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GOOGLE ANALYTICS

Free & Powerful

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METRICSCENTRAL

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PAGEVIEWS vs. SESSIONS

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Bounce Rate is the percentage of single-page visits (i.e. visits in which the person left your site from the entrance page without interacting with the page).

- Google Analytics

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PAGES PER SESSION

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AVERAGE SESSION DURATION

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REPORTSUSEFUL

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REFERRALS

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GEOGRAPHY

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DEMOGRAPHICS

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USERS FLOW

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HEAT MAPS & CLICK MAPS( )

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CONVERSION

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A user completes an action that is

positive to us.

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GOAL TRACKING

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www.mysite.com/product

Complete a form

Thanks for…

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www.mysite.com/product

Complete a form

100%

Thanks for…

70%30%

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SOCIAL MEDIAMEASURING

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REACH INTERACTIONS Clicks, Likes, Shares, Comments… (CONVERSIONS)

ADDITIONAL METRICS

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FACEBOOK INSIGHTS

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TWITTER ANALYTICS

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DECISION MAKING

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IDEAS

PRODUCT

MEASUREMEASURE

DATA

MEASUREBUILDMEASURELEARN

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UNDERSTANDING USER BEHAVIOR

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A/B TESTING AD CAMPAIGNS

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BEWARETOO LITTLE

AVAILABLE DATA!

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BEWARELACK OF

COMPARISON!

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AGENDA

Setting goals Metrics Reports Conversion Social Media Decision Making

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Contact [email protected]

www.erikbernskiold.com

@ErikBernskiold

facebook.com/bernskiolderik

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QUESTIONS

???????

Page 47: Web Analytics in Entrepreneurship

Web Analytics in Entrepreneurship

Entrepreneurship, Goethe-Universität


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