how to explain data analysis to businesses

Post on 10-Feb-2017

165 Views

Category:

Data & Analytics

5 Downloads

Preview:

Click to see full reader

TRANSCRIPT

And how it can drive a business

Business

Data analysis

Data Analysis

Business Intelligence

DataAnalysis

Business Growth

Data Analysis

Check the vitals

Web metrics related to visits & visitors,

devices, channels, engagement, and

conversions.

Meet the users

Build user profiles to learn more about

valuable users and ways to maximise

positive behaviours.

Identify key areas

Discover the performance patterns and

the areas to improve.

Connect the dots

Focus specifically on performance

patterns with strategies for optimisation.

What for?

01 CASE SCENARIOThe New Revenue Development Team from the Hilton

wants to launch You are connected, a connection landing

page for all new users to their hotel locations.

The page serves a dual function:

• Provides useful information to the user

• Provides an advertising platform for display revenue

You are connected

You are connected

What is success ?

04

03

02

01

New source of revenue

The Hilton team creates a new source

of revenue by selling placements to

different local, national and global

publicists.

Performance knowledge

The Hilton team has data on the display

ads performance, the type of users who

interact, the type of devices they use,

and the type of content they like.

Publicists want to advertise

The Hilton team can evidence the

display performance and provides a

relevant rate card.

It all starts with data

The Hilton team collects and analyses

the relevant web data to identify

optimisation strategies.

The right data

Page performance

How many users visit it, what they read,

if the page displays easily, how valuable

the display ads and content modules

are.

Hilton users

Demographic profile, type of device they

use, the content they like, the interests

they have, when they are active.

What works

What content works for which type of

users, which devices perform best,

when do users engage most, etc.

Make it work harder

Launch experiments to improve the

page content and engagement for the

users, so that the display ads gain more

attention.

02 COLLECTING DATAHow can the Hilton team collect the digital data that are

required to drive the project to success?

Website anatomy

User

Sessions

Interactions

Experiments

Mark the interactions

The insight we getMale25-34

The insight we getMale25-24

Website anatomyMale25-34

Website anatomy

Change ad position &

topic

Save flight data

Male25-34

Experiments

Original

Display ad on top

Original

Travel focused ad

Original

Saved flight status data

Winner

Winner

Winner

Collection tools

Web analytics Heatmaps & session replay

03 REPORTING & ANALYSISOnce the Hilton team has collected the relevant data, it is

essential to analyse and report strategically to the relevant

teams.

Page performance

Demographics

Event performance

Flight status

Display ads

click

click

Technology

Heatmaps

No siloed data

04 WHY DOES IT MATTER?The data analysis provides the relevant information to trial

hypothesis and improve the overall performance of the

project.

Success scenario

Original

Display ad on top

Original

Travel focused ad

Original

Saved flight status data

Change in the ad position, change in a module content

Addition of a new content module for

travel

What is ROA

Final revenue

Starting revenue

Data Analysis

Tools

Return on AnalyticsThe return of investment when it comes to Data

Analysis needs to be calculated similarly to the

ROI of Business Intelligence.

Calculations

The impact of data analysis is the impact it has on other teams.

Calculations

Items Return Investment DurationOriginal Display sale $60,000 / month

Inspectlet $299 / month 6 months

Data Analysis strategy $8,000/ month 6 months

Final Display sale $120,000 / month 12 months

Calculations

2,300%

(120,000 – 60,000) x 12

(8,000 + 299) x 6

= 1,446%

400%

Powerful knowledge

Discovering opportunities

Basis for growth

Key to fix errors

A positive ROI

The truth behind 1,400% ROA and why it’s expected.

Running a business without data analysis is like flying a plane without a dashboard.

Celine Domenech 2016

THANK YOU

top related