Analytics paralysis

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Colorado Governors Conference on Tourism 2012, Steamboat Springs

Transcript of Analytics paralysis

CLICK TO ADD SUBTITLEENGAGEMENT

FOCUSING ON

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EMAIL

Email was segmented into In-State and Out-Of-State

Open Rates by Date by Subject by Segment• Open Rate to Brand Advocates: 16-22%• Open Rate to Leads: 8-12%• During the Planning Phase It’s 150% Higher • Out-of-State Will Be Lower Than In-State

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EMAIL

Email was segmented into In-State and Out-Of-State

Conversions by Subject & Date• Conversion Rate Deal Dependent: Test Offer Limit• Time Dependent: Test Day of Week• Frequency Dependent: Countdown To Deal

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WEB

• Traffic by Medium/Campaign by Date

• Conversions by Traffic Source by DateBranded Keywords

• Goal Pages

• Downstream Traffic 20-40% more with booking widget

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SOCIAL MEDIA

• Likes & FollowersSuggests critical mass

• Talking AboutMost indicative metric for SITs

• DemographicsIs it your target audience? > 50% are locals

• ConversionsConversions by Post or Page25% of Talking About at Peak

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SOCIAL MEDIA

No Conversion

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SOCIAL MEDIA

High Conversion

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SOCIAL MEDIA

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SOCIAL MEDIA

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THE CHALLENGE

Use data to determine whether Engagement drives Conversions

To Engage deep enough for Conversion you have to effectively mix Audience, Content, Context, Timing ...

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TOP DOWN

Created A ScorecardFor All Efforts andResources

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THE CHALLENGE

• Data Driven Marketing Management• Accountability• Collaboration

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FOCUSING ON

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TOP DOWN

1. Key Performance Indicators in Scorecard

2. Performance by Discipline

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THE GOVERNOR PROCESS

• Goals• Objectives• Validation• Expectations• Negotiate• Organize• Review

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GOALS

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OBJECTIVES

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VALIDATE, EXPECTATIONS

• Adjust the metric for shifts in strategy and/or budget'$5,000 budget should bring 4,000 visitors so our mobile traffic should be 14,000'

• Communicate the expectations to the stakeholder'Kate - use the mobile performance report to tracking and adjust mobile. We need you to explain deviations at the meetings'

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REPORTS

• Find the relevant reportsReports that just show detailed data, without the contribution to your bigger goals are meaningless. Stakeholders will need to drill down within source data, don't pull that into the group.

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NEGOTIATE, ORGANIZE

• Nail down time, location and give stakeholders 3 days to prepare for deviations

• Organize teams/resources around disciplines

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REVIEW

• Investigate the deviations from objectives

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REVIEW

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ANALYTICS PARALYSIS

CLICK TO ADD SUBTITLETHANK YOUWWW.INTERNETHONEY.COM/FREE-TOURISM-MARKETING-BOOK

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ANALYTICS PARALYSIS