how to explain data analysis to businesses

34
And how it can drive a business Busines s Data analysis

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Page 1: How to explain data analysis to businesses

And how it can drive a business

Business

Data analysis

Page 2: How to explain data analysis to businesses

Data Analysis

Business Intelligence

DataAnalysis

Business Growth

Page 3: How to explain data analysis to businesses

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.

Page 4: How to explain data analysis to businesses

What for?

Page 5: How to explain data analysis to businesses

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

Page 6: How to explain data analysis to businesses

You are connected

Page 7: How to explain data analysis to businesses

You are connected

Page 8: How to explain data analysis to businesses

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.

Page 9: How to explain data analysis to businesses

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.

Page 10: How to explain data analysis to businesses

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

required to drive the project to success?

Page 11: How to explain data analysis to businesses

Website anatomy

User

Sessions

Interactions

Experiments

Page 12: How to explain data analysis to businesses

Mark the interactions

Page 13: How to explain data analysis to businesses

The insight we getMale25-34

Page 14: How to explain data analysis to businesses

The insight we getMale25-24

Page 15: How to explain data analysis to businesses

Website anatomyMale25-34

Page 16: How to explain data analysis to businesses

Website anatomy

Change ad position &

topic

Save flight data

Male25-34

Page 17: How to explain data analysis to businesses

Experiments

Original

Display ad on top

Original

Travel focused ad

Original

Saved flight status data

Winner

Winner

Winner

Page 18: How to explain data analysis to businesses

Collection tools

Web analytics Heatmaps & session replay

Page 19: How to explain data analysis to businesses

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

essential to analyse and report strategically to the relevant

teams.

Page 20: How to explain data analysis to businesses

Page performance

Page 21: How to explain data analysis to businesses

Demographics

Page 22: How to explain data analysis to businesses

Event performance

Flight status

Display ads

click

click

Page 23: How to explain data analysis to businesses

Technology

Page 24: How to explain data analysis to businesses

Heatmaps

Page 25: How to explain data analysis to businesses

No siloed data

Page 26: How to explain data analysis to businesses

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

hypothesis and improve the overall performance of the

project.

Page 27: How to explain data analysis to businesses

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

Page 28: How to explain data analysis to businesses

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.

Page 29: How to explain data analysis to businesses

Calculations

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

Page 30: How to explain data analysis to businesses

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

Page 31: How to explain data analysis to businesses

Calculations

2,300%

(120,000 – 60,000) x 12

(8,000 + 299) x 6

= 1,446%

400%

Page 32: How to explain data analysis to businesses

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.

Page 33: How to explain data analysis to businesses

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

Page 34: How to explain data analysis to businesses

Celine Domenech 2016

THANK YOU