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Social Analytics for Bored Marketers
SEND ME QUESTIONS
@portentint
facebook.com/ian.lurie
portent.com/blog
analytics baby!
Yeahhhh!!!
YOU?
ME
I MAJORED IN HISTORY
THEN I WENT TO LAW SCHOOL
DON’T ASK
I GOT ISSUES
BUDGET
COMMON SENSE
(magnified 100x)
WHAT’S THE
ROI ON THAT?
oy
THIS INSPIRES ME
IMPROVEMENT INSPIRES ME
PROVING VALUE INSPIRES ME
DO THESE
LEARN VISITOR VALUE
TAG EVERYTHING
KNOW YOUR ATTRIBUTION
MEASURE MICRO CONVERSIONS
SO YOU CAN DO THESE LATER
LEARN VISITOR VALUE
TAG EVERYTHING
THE FORMULA
avg. sale x conversion rate x margin
= visitor value
e-commerce
$10 x 1% x 10% = $.01/visitor
THE FORMULA
e-commerce
x visitor-to-lead conversion rate
x lead-to-customer conversion rate
x margin
= visitor value
customer value
THE FORMULA
B2B
$1,000 x 1% x 50% x 10% = $.50/visitor
THE FORMULA
B2B
YOU DON’T HAVE TO KNOW IT
you have to learn it
improve your model over time
LEARN VISITOR VALUE
TAG EVERYTHING
schmoo.com?utm_source=facebook
&utm_medium=cpc
&utm_campaign=capyforever
&utm_keyword=capybara
&utm_content=photo1
UNLESS YOU HAVE
A TIME MACHINE
YOU HAVE TO
PLAN AHEAD
THE HIERARCHY
channel
medium
source
campaign
keyword
content
CHANNEL
set automatically based on source and medium
utm_medium
social
referral
cpc
organic
someone clicks on a social post
utm_medium
social
referral
cpc
organic
default
utm_medium
social
referral
cpc
organic
cost-per-click stuff
utm_medium
social
referral
cpc
organic a whole other talk
KEEP MEDIUM CONSISTENT
so everything rolls up correctly
utm_medium
cpc CPC
utm_medium
social SOCIAL
utm_medium
ppc cpc
utm_source
facebook
google
twitter
myspace
utm_source
facebook Facebook
CAMPAIGN, KEYWORD, CONTENT
do the custom stuff here
utm_campaign
utm_term
utm_content
/?utm_medium=cpc
&utm_source=facebook
&utm_campaign=pegasus
&utm_term=capybara
&utm_content=test1
PUTTING IT ALL TOGETHER
“This click came from a cost per click ad on Facebook,
pegasus campaign, targeting the capybara audience, and
this was the creative called test1”
/?utm_medium=cpc
&utm_source=facebook
&utm_campaign=pegasus
&utm_term=capybara
&utm_content=test1
http://portent.co/social-detail
add the report to your Google Analytics account
pegasus
utm_medium
utm_term utm_keyword
I MAJORED IN HISTORY
TEST WITH REAL-TIME REPORT
TEST WITH REAL-TIME REPORT
USE A #, NOT A ?
to avoid canonicalization problems
NOW YOU’RE DOING THESE
LEARN VISITOR VALUE
TAG EVERYTHING
KNOW YOUR ATTRIBUTION
MEASURE MICRO CONVERSIONS
LAST-CLICK SOCIAL CONVERSIONS
social content retarget ppc convert
triple the ppc
budget!!!
REMAIN
CALM
MULTI-CHANNEL FUNNELS > ASSISTED CONVERSIONS
MULTI-CHANNEL FUNNELS > ASSISTED CONVERSIONS
MULTI-CHANNEL FUNNELS > ASSISTED CONVERSIONS
TEST YOUR MODELS
c’mere kid.
Mwahahahaha.
ATTRIBUTION MODELS
know them and use them
http://portent.co/gattmodels
ONLY WORKS IF
YOU TAGGED
EVERYTHING
KNOW YOUR ATTRIBUTION
MEASURE MICRO CONVERSIONS
KAUSHIK.NET/AVINASH
social content retarget ppc convert
THIS TRIGGERED A BEHAVIOR
i moved down the funnel
social content retarget ppc convert
THIS TRIGGERED A BEHAVIOR
boom. customer.
social content retarget ppc convert
THIS TRIGGERED A BEHAVIOR
so this was important. measure it!!!
import this report: http://portent.co/pi-behavior
average visitor converts 2.29%
25s+ are 3x more likely to convert
+25 is a micro
conversion!
SEGMENTS
this is where it gets really cool
average visitor converts 5.68%
marketing nerds = 30% more likely
OTHER MICRO CONVERSIONS
e-mail signup
OTHER MICRO CONVERSIONS
re-shares
OTHER MICRO CONVERSIONS
comments
OTHER MICRO CONVERSIONS
scroll depth
jquery
.scroll() event
read
lunametrics.com/labs/recipes/scroll-tracking/
IF YOU TAGGED
IF YOU DIDN’T
where’s
my @#!@
screwdriver
?!!!
TAG EVERYTHING
IF YOU AREN’T LEARNING
CUSTOMER VALUE
shame on you
THEN YOU ARE
GREAT, BUT
what are these micro conversions worth??
TECHNIQUE #1
fudge the numbers
SERIOUSLY?
every time i
send an email, i get
a 10% conversion
rate
average sale is $25
an e-mail sign-up is
worth $2.50
average visitor is worth $2
3x more likely = $6
A FAKE CLOSED LOOP
BEHAVIOR
SOCIAL MEDIA
FUNNELSITE GOAL
wtf kind of math is
that you damn touchy-
feelie social media
people
i am ashamed
I MAJORED IN HISTORY
BUT I’M PRETTY SURE $6 > $2
correct me if i’m wrong
TECHNIQUE #2
close the loop
A TRUE CLOSED LOOP
COOKIE SENT TO…
COOKIE PASSED BACK TO…
FUNNELSOCIAL MEDIA GOAL
TRACK VISIT VALUE
• at the individual level
TRACK VISIT VALUE
• at the individual level
garbage in…
TAG IT, OR…
wtf do you know
how much work that
will be
BUT FLYING
THE INEVITABLE QUESTION
correlation vs. causation
OK, FAIR ENOUGH
it’s one heck of a hint, though
IF OUR SOCIAL CAMPAIGN
ATTRACTS VISITS THAT ARE
3X MORE LIKELY TO CONVERT
it’s got value. a lot of value.
we should do more of it
HOLD-OUT TESTING
the test no one wants you to do
TURN OFF THE SOURCE
see what happens
FACEBOOK ANALYTICS
MACHINE LEARNING
DASHBOARDS
CLOSED LOOP
THE MAGIC, RAINBOW-FILLED FINISH
POOT
THE MAGIC, RAINBOW-FILLED FINISH
THIS CAN BE
REALLY FRUSTRATING
NOT RECOMMENDED
AVOID NEEDING
THIS
LEARN VISITOR VALUE
TAG EVERYTHING
KNOW YOUR ATTRIBUTION
MEASURE MICRO CONVERSIONS
SO YOU CAN DO THESE LATER
GET EXCITED ABOUT
IMPROVEMENT
GET EXCITED ABOUT
PROVING VALUE
i am pumped
COMMENCE HECKLING
or throw money. small bills preferred.
portent.com/blog
@portentint
facebook.com/ian.lurie

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Social Analytics for Bored Marketers