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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

First, you figure out what you want to improve; then you create an experiment; then you run the experiment; then you measure the results and decide what to do. So grab a piece of paper and write down three key business metrics you'd like to change. Measure and decide what to do. Measure performance.

Metrics 156
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Facebook Advertising / Marketing: Best Metrics, ROI, Business Value

Occam's Razor

A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. FBe's recommendation was (paraphrasing a 35 min talk): Don't invent new metrics, use online versions of Reach and GRPs to measure success. Why is it so hard to measure the value of Facebook? How can we do better? That is ok.

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Google Analytics Custom Reports: Paid Search Campaigns Analysis

Occam's Razor

You get immense focus in the scorecard (summary) using just the Acquisition (Visits, Unique Visitors), Behavior (Bounce Rate, Pageviews – proxy for content consumption) and Outcome (Transactions, Average Value, Revenue) metrics and Key Performance Indicators. " Less annoyance directly leads to a longer life span.

Reporting 127
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Accomplish Agile Business Intelligence & Analytics For Your Business

datapine

The term “agile” was originally conceived in 2011 as a software development methodology. You will measure your success by delivering the project, not by the level of documentation you’re producing, therefore, documentation should be developed only when necessary. Evaluate your key performance indicators.

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Your Web Metrics: Super Lame or Super Awesome?

Occam's Razor

Perhaps your client did not provide you with the all important Web Analytics Measurement Model. By 2011 as web experiences have become richer and more frequently and more complex I am so mad that our life is not dominated by pan-session metrics. Learn ins and outs and how-to: Analytics Tip #6: Measure Days & Visits to Purchase ].

Metrics 126