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Benchmarking Performance: Your Options, Dos, Don'ts and To-Die-Fors!

Occam's Razor

Conversion rate is one of those metrics that I strongly encourage you only create benchmarks for from your own data. One of the easiest ways to improve outcomes on your website, it is great to make sure that people don't say this via your bounce rate metric : I came, I puked, I left. None of the four other methods are advisable.

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Panera CIO John Meister on mastering customer experience

CIO Business Intelligence

The first part of leveraging data is really understanding what we want to do with it — what is the KPI or the business metric we want to change? This was in around 2014 or so. We have people much smarter than me when it comes to restaurant data. Maybe it’s attrition. Maybe it’s store profits.

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Designing Charts and Graphs: How to Choose the Right Data Visualization Types

datapine

Data-driven storytelling is a powerful force as it takes stats and metrics and puts them into context through a narrative that everyone inside or outside of the organization can understand. A real-time number chart is essentially a ticker that will give you an immediate overview of a particular KPI. 1) Number Chart. 2) Line Chart.

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Discover 20 Essential Types Of Graphs And Charts And When To Use Them

datapine

1) Number Chart When to use A real-time number chart is essentially a ticker that will give you an immediate overview of a particular KPI. If you select a target manually (perhaps you have no accurate past data), be sure to set realistic goals to be able to get on top of your KPI management practice.