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Web Analytics for DM Matthew Tod CEO Logan Tod & Co. Who are Logan Tod & Co?. Twenty five Covent Garden based online optimisation consultants with over fifty years of web analytics experience across 12 major tools
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Who are Logan Tod & Co? • Twenty five Covent Garden based online optimisation consultants with over fifty years of web analytics experience across 12 major tools • The team analyses site and campaign performance and helps clients implement actions to improve conversion rates & sales
The issue • The new online marketing techniques have eclipsed DM because: • They are more measurable, • They are more flexible • They are more effective • So is DM in terminal decline? • Costs are rising • Response is declining • It is not seen as a relevant media choice
But is this scenario really true? The lack of real understanding of how consumers use the web to research, decide and buy products, coupled with basic tracking errors, are causing marketing departments to make incorrect investment decisions
Banner campaign Email campaign DM Campaign In the beginning it was so easy! Single Access %
The impact of an offline campaign Email campaign PPC campaigns DM campaign Response Affiliate Natural search DM will drive sales through other channels – why? Because that is how we all behave now!
How campaigns really interact Online Campaign 1 Campaign 3 Offline Campaign 2 Google 1. “Gary Lineker” value attributed to this click. It was the last click, so is credited with the goal 2. This campaign generated the initial engagement, but no value attributed to it. Shopping visit Initial visit Checkout 3. Engagement here is of real value, but it is not counted as a success A SALE!
So what is really happening? • DM boosts online channels • Raises response and effectiveness of other channels • Response is often far greater than is measured by traditional techniques • And results are often misallocated and double counted • Consumers take more than one visit before deciding to make a purchase in many instances and this confuses reporting • Site is often the weakest link in converting Interest into Action – it fails to convert interest into action
A Hypothesis Demand Generation Persuading people that a product is of interest and is something to consider Offline media does this really well Demand Harvesting Funnel people who are “in the market” to your site to research, decide and buy Most online media is great at doing this
What should you do to better understand the role & impact of DM? • Match-back & de-duplicate to understand campaign respondents • We mailed you, and you responded • Web analytics to analyse people who engaged but did not respond • We mailed you, and you looked but did not respond directly
Match-back the respondent to the original mailing If a respondent’s address matches the mailed address then REGARDLESS of channel the DM campaign probably played a role Email campaign PPC campaigns DM campaign Response Affiliate Natural search
Match-back: Capture online source to derive further insight To do this you have to capture online campaign codes with the response form and analyse matched-back data
Web Analytics: Segmentation is the key to insight from web analytics • First time visitors • Have never been seen on the website before • Returning visitors • Have previously visited the site • Existing Customers • Have taken an action that leads you to believe they are customers • Brand navigators • Use your brand name to find the site • Generic term searchers • Looking for something, but necessarily you • Specific product searchers • Looking for your product
Segmented data allows more insight Each segment has its own pattern, due to the different campaigns being run online & offline When you have the correct segments properly configured you can start to correlate with offline activity
Segmentation exposes behaviour Enormous behaviour differences through out the entire customer journey are apparent for the Prospect segment
To summarise • DM / Online analysis: It is messy, complex and not well understood • There is a need for businesses to look afresh at how they report on campaigns • Match-back with added web data is the best solution for respondents • Detailed web analytics work can show the engagement generated by DM campaigns
How can we help you? Call 020 7717 8447 Email matthew.tod@logantod.com