Showing posts with label analytics. Show all posts
Showing posts with label analytics. Show all posts

Tuesday, May 25, 2010

Yext CLAIMS to Bring the Power of Internet Advertising to Every Local Business ... ok, but what about doing no evil ... is that what's next ... Yext?

Yext works to manage reputations ... using internet ads for local business ... and today launched Yext Rep, online real-time reputation management service for local businesses ...

I suppose I will be following Yext ... because I'm very interested in the reputation management industry ... I won't be the only one -- Yext is in one cutthroat industry; it's cutthroat because it reputation management / advertising / analytics is a really HUGE thing (after all, that's what Google's business is built on) ... I wonder when I see a company like Yext [one that aims right at Google's core business] if their starting objective was to develop an enterprise that Google [or maybe Microsoft] would acquire?  I am SUPER happy that someone is giving Google competition ... I  guess I'd like to know if the best startup exit strategy has become sometihing like, "Punch the big guy in the yard in the nose -- then hope that the big guy notices enough, so that he offers you a few million to own you?"

{NOTE:  Google grossly oversimplifies when they says that they just focus on one thing; they say that they "just do search."   Yeah, sort of.  Of course, just search is not what fuels the business ... their BUSINESS is based on their PageRank reputation mgmt algorithm which makes their search engine results worthy of ad revenue AND drives websites to provide better content.  Google's website Analytics helps content providers improve their content [an improve what the Google webcrawling spiders see] so that the content providers can earn money for themselves and Google through AdSense.  That's what "just doing search" means.}

What is notable to me is that Yext lacks the Google "do no evil" principle, which is perhaps understandable since, at first blush, the Google principle might sound overly idealistic -- EXCEPT both Google and Yext are messing around with peoples' reputations and the reputation of their content ... ethics matter more in terms of danger to your business ... well, we'll see how Yext does -- their three core principles are:

  1. Measure and Monitor Numerical Details ...  measure everything.
  2. Fanatically Focus on Customer ROI and Publisher Yield ... Yext knows that they are only as good as the amount of business they send to their customers and yield they deliver to their our partners.
  3. There is no such thing as luck...continuous innovation, iteration, and perspiration.
For contrast, Google's ten core principles are worth reviewing ... again and again [since they aren't bad principles to adopt] ... I've cut-and-pasted them here from Google's page on corporate philosophy.

  1. Focus on the user and all else will follow.
    Since the beginning, we’ve focused on providing the best user experience possible. Whether we’re designing a new Internet browser or a new tweak to the look of the homepage, we take great care to ensure that they will ultimately serve you, rather than our own internal goal or bottom line. Our homepage interface is clear and simple, and pages load instantly. Placement in search results is never sold to anyone, and advertising is not only clearly marked as such, it offers relevant content and is not distracting. And when we build new tools and applications, we believe they should work so well you don't have to consider how they might have been designed differently.
  2. It’s best to do one thing really, really well.
    We do search. With one of the world's largest research groups focused exclusively on solving search problems, we know what we do well, and how we could do it better. Through continued iteration on difficult problems, we’ve been able to solve complex issues and provide continuous improvements to a service that already makes finding information a fast and seamless experience for millions of people. Our dedication to improving search helps us apply what we've learned to new products, like Gmail and Google Maps. Our hope is to bring the power of search to previously unexplored areas, and to help people access and use even more of the ever-expanding information in their lives.
  3. Fast is better than slow.
    We know your time is valuable, so when you’re seeking an answer on the web you want it right away – and we aim to please. We may be the only people in the world who can say our goal is to have people leave our homepage as quickly as possible. By shaving excess bits and bytes from our pages and increasing the efficiency of our serving environment, we’ve broken our own speed records many times over, so that the average response time on a search result is a fraction of a second. We keep speed in mind with each new product we release, whether it’s a mobile application or Google Chrome, a browser designed to be fast enough for the modern web. And we continue to work on making it all go even faster.
  4. Democracy on the web works.
    Google search works because it relies on the millions of individuals posting links on websites to help determine which other sites offer content of value. We assess the importance of every web page using more than 200 signals and a variety of techniques, including our patented PageRank™ algorithm, which analyzes which sites have been “voted” to be the best sources of information by other pages across the web. As the web gets bigger, this approach actually improves, as each new site is another point of information and another vote to be counted. In the same vein, we are active in open source software development, where innovation takes place through the collective effort of many programmers.
  5. You don’t need to be at your desk to need an answer.
    The world is increasingly mobile: people want access to information wherever they are, whenever they need it. We’re pioneering new technologies and offering new solutions for mobile services that help people all over the globe to do any number of tasks on their phone, from checking email and calendar events to watching videos, not to mention the several different ways to access Google search on a phone. In addition, we’re hoping to fuel greater innovation for mobile users everywhere with Android, a free, open source mobile platform. Android brings the openness that shaped the Internet to the mobile world. Not only does Android benefit consumers, who have more choice and innovative new mobile experiences, but it opens up revenue opportunities for carriers, manufacturers and developers.
  6. You can make money without doing evil.
    Google is a business. The revenue we generate is derived from offering search technology to companies and from the sale of advertising displayed on our site and on other sites across the web. Hundreds of thousands of advertisers worldwide use AdWords to promote their products; hundreds of thousands of publishers take advantage of our AdSense program to deliver ads relevant to their site content. To ensure that we’re ultimately serving all our users (whether they are advertisers or not), we have a set of guiding principles for our advertising programs and practices:
    • We don’t allow ads to be displayed on our results pages unless they are relevant where they are shown. And we firmly believe that ads can provide useful information if, and only if, they are relevant to what you wish to find – so it's possible that certain searches won’t lead to any ads at all.
    • We believe that advertising can be effective without being flashy. We don't accept pop–up advertising, which interferes with your ability to see the content you’ve requested. We’ve found that text ads that are relevant to the person reading them draw much higher clickthrough rates than ads appearing randomly. Any advertiser, whether small or large, can take advantage of this highly targeted medium.
    • Advertising on Google is always clearly identified as a “Sponsored Link,” so it does not compromise the integrity of our search results. We never manipulate rankings to put our partners higher in our search results and no one can buy better PageRank. Our users trust our objectivity and no short-term gain could ever justify breaching that trust.
  7. There’s always more information out there.
    Once we’d indexed more of the HTML pages on the Internet than any other search service, our engineers turned their attention to information that was not as readily accessible. Sometimes it was just a matter of integrating new databases into search, such as adding a phone number and address lookup and a business directory. Other efforts required a bit more creativity, like adding the ability to search news archives, patents, academic journals, billions of images and millions of books. And our researchers continue looking into ways to bring all the world's information to people seeking answers.
  8. The need for information crosses all borders.
    Our company was founded in California, but our mission is to facilitate access to information for the entire world, and in every language. To that end, we have offices in dozens of countries, maintain more than 150 Internet domains, and serve more than half of our results to people living outside the United States. We offer Google's search interface in more than 110 languages, offer people the ability to restrict results to content written in their own language, and aim to provide the rest of our applications and products in as many languages and accessible formats as possible. Using our translation tools, people can discover content written on the other side of the world in languages they don't speak. With these tools and the help of volunteer translators, we have been able to greatly improve both the variety and quality of services we can offer in even the most far–flung corners of the globe.
  9. You can be serious without a suit.
    Our founders built Google around the idea that work should be challenging, and the challenge should be fun. We believe that great, creative things are more likely to happen with the right company culture – and that doesn't just mean lava lamps and rubber balls. There is an emphasis on team achievements and pride in individual accomplishments that contribute to our overall success. We put great stock in our employees – energetic, passionate people from diverse backgrounds with creative approaches to work, play and life. Our atmosphere may be casual, but as new ideas emerge in a cafĂ© line, at a team meeting or at the gym, they are traded, tested and put into practice with dizzying speed – and they may be the launch pad for a new project destined for worldwide use.
  10. Great just isn’t good enough.
    We see being great at something as a starting point, not an endpoint. We set ourselves goals we know we can’t reach yet, because we know that by stretching to meet them we can get further than we expected. Through innovation and iteration, we aim to take things that work well and improve upon them in unexpected ways. For example, when one of our engineers saw that search worked well for properly spelled words, he wondered about how it handled typos. That led him to create an intuitive and more helpful spell checker.
    Even if you don’t know exactly what you’re looking for, finding an answer on the web is our problem, not yours. We try to anticipate needs not yet articulated by our global audience, and meet them with products and services that set new standards. When we launched Gmail, it had more storage space than any email service available. In retrospect offering that seems obvious – but that’s because now we have new standards for email storage. Those are the kinds of changes we seek to make, and we’re always looking for new places where we can make a difference. Ultimately, our constant dissatisfaction with the way things are becomes the driving force behind everything we do.

Saturday, April 10, 2010

The prototypically agile behavior of Google should be emulated...when we find someone more agile, we have to get faster...the fastest cheetah steals ideas to get faster.

A lot of us get attached to the wrong things -- we tell ourselves lies that we're making progress because we put one foot in front of the other and just keep trudging forward ... it's fine to be attached to an old comfortable pair of shoes; it's ok to get comfortable if it doesn't cost anyone money, doesn't slow anyone down, doesn't cause us to be inefficient, doesn't waste our lives while we could be doing something more meaningful ...but we flat out SQUANDER a lot of resources because we like being comfortable and doing the same old thing day after day a bit too much ... we run our farms, our manufacturing businesses, our marketing businesses, our professional careers pretty much the same way that we ran them last year ... it's safe ... it's comfortable ... we think we've gotten to be kind of good at it ... or worse, we run things pretty much the same way we did things five years ago ... or WORSE, it's still very much the same way that we did things ten years ago ... or UNACCEPTABLY PATHETIC, it doesn't look that much different from what we were doing to get by twenty-five or thirty years ago!!!  That kind of comfortable pulling against the same old weight would be fine if you were ox or the beast of burden and someone was going to take care of you [until it was necessary to butcher you]...you have a brain, you're the one who was given the responsibility to take care of things, so just pulling against the weight is not enough.

If you know me, then you know that my judgmental speechifying is aimed at ME ... not too long ago I started realizing recently that I was getting [mentally] old and fat and inflexible and attached to my old ways ... yeah, I know I should have known that, but I just wasn't paying attention ... so now I know that I need to do a better job of more constantly following the analytics tag in in the google code blog.  The thing about Google is that they are prototypically agile ... it's important to learn form them, they never, ever, ever stop innovating to improve their core business (search, AdWords for advertisers, AdSense for content creators, Analytics for web businesses).  The stuff just keeps coming ... and coming!  For example, just a few weeks ago since Google launched the Google Analytics Management API and listened to the feedback they recieved, as a result of that, since Python is one of their more popular languages, they’ve updated the Google Analytics Python Client Library to access all 5 feeds of the Management API ... so now it’s easier than ever to get your configuration data from the API ... but it will all get easier, faster, better ... but I'll  still keep getting older and fatter and someday, I wake up and discover something else I should have been doing ... that's how I know I'm still alive ... when I wake up and I don't feel a bit anxious for missing something, for not already being out there running, I'll know I'm already dead...

Monday, March 15, 2010

Web Metrics and Performance Marketing with Google™ Analytics

Google Analytics is a free tool used by millions of Web site owners across the globe to track how visitors interact with their Web sites, where they arrive from, and which visitors drive the most revenue and sales leads. Google Analytics helps a website owner to evaluate and boost traffic and to turn page views into profits. Insights for traffic optimization and marketing activities can be found with other products in the Google ecosystem for the following::

Analysis and Optimization

Advertising

Commerce and Enterprise Search

If these tools are not sufficient, the Google Analytics Application Gallery also contains applications that extend Google Analytics to help analysts, marketers, IT teams, and executives get even more out of Google Analytics.

Web Traffic Is Important to Your Business

You should think about ways that you can make your website an integral part of your business -- it cannot be a separate activity that operates within its own silo ... for example, it shouldn't be just a dead online brochure or even only a listing of properties, events or news.

Why Measure?
When you have a very clear idea of what value your website brings to your business, it is useful to become familiar with the Google Analytics terrminology so that you can pick up the tools that you will use to identify growth opportunities, measure effciency improvements, and highlight things when they go wrong.

Web Analytics Can Provide Information
How or Where to Start
Web Analytics Can Guide Decisions
ROI of Web Analytics
Understanding Your Web Traffic
Where Web Analytics Fits In

Where to Get Help



You may also want to investigate
















Chapter 2. Available Methodologies and Their Accuracy
Section 2.1. Page Tags and Logfiles
Section 2.2. Cookies in Web Analytics
Section 2.3. Understanding Web Analytics Data Accuracy
Section 2.4. Improving the Accuracy of Web Analytics Data
Section 2.5. Privacy Considerations for the Web Analytics Industry

Chapter 3. Google Analytics Features, Benefits, and Limitations
Section 3.1. Key Features and Capabilities of Google Analytics
Section 3.2. How Google Analytics Works
Section 3.3. What Google Analytics Cannot Do
Section 3.4. Google Analytics and Privacy
Section 3.5. How Is Google Analytics Different?
Section 3.6. What Is Urchin?
Section 3.7. Summary

Part II: Using Google Analytics Reports
Chapter 4. Using the Google Analytics Interface
Section 4.1. Discoverability and Initial Report Access
Section 4.2. Navigating Your Way Around: Report Layout
Section 4.3. Summary

Chapter 5. Reports Explained
Section 5.1. The Dashboard Overview
Section 5.2. The Top Reports
Section 5.3. Understanding Page Value
Section 5.4. Understanding Data Sampling
Section 5.5. Summary

Part III: Implementing Google Analytics
Chapter 6. Getting Up and Running with Google Analytics
Section 6.1. Creating Your Google Analytics Account
Section 6.2. Tagging Your Pages
Section 6.3. Back Up: Keeping a Local Copy of Your Data
Section 6.4. Using Accounts and Profiles
Section 6.5. Agencies and Hosting Providers: Setting Up Client Accounts
Section 6.6. Getting AdWords Data: Linking to Your AdWords Account
Section 6.7. Getting AdSense Data: Linking to Your AdSense Account
Section 6.8. Common Pre-implementation Questions
Section 6.9. Summary

Chapter 7. Advanced Implementation
Section 7.1. _trackPageview(): the Google Analytics Workhorse
Section 7.2. Tracking E-commerce Transactions
Section 7.3. Campaign Tracking
Section 7.4. Event Tracking
Section 7.5. Customizing the GATC
Section 7.6. Summary

Chapter 8. Best-Practices Configuration Guide
Section 8.1. Initial Configuration
Section 8.2. Goal Conversions and Funnels
Section 8.3. Tracking Funnels for Which Every Step Has the Same URL
Section 8.4. Why Segmentation Is Important
Section 8.5. Choosing Advanced Segments versus Profile Filters
Section 8.6. Profile Segments: Segmenting Visitors Using Filters
Section 8.7. Report Segments: Segmenting Visitors Using Advanced Segments
Section 8.8. Summary

Chapter 9. Google Analytics Hacks
Section 9.1. Why Hack an Existing Product?
Section 9.2. Customizing the List of Recognized Search Engines
Section 9.3. Labeling Visitors, Sessions, and Pages
Section 9.4. Tracking Error Pages and Broken Links
Section 9.5. Tracking Referral URLs from Pay-Per-Click Networks
Section 9.6. Site Overlay: Differentiating Links to the Same Page
Section 9.7. Matching Specific Transactions to Specific Referral Data
Section 9.8. Tracking Links to Direct Downloads
Section 9.9. Changing the Referrer Credited for a Goal Conversion
Section 9.10. Roll-up Reporting
Section 9.11. Summary

Part IV: Using Visitor Data to Drive Website Improvement
Chapter 10. Focusing on Key Performance Indicators
Section 10.1. Setting Objectives and Key Results
Section 10.2. Selecting and Preparing KPIs
Section 10.3. Presenting Your KPIs
Section 10.4. KPI Examples by Job Role
Section 10.5. Summary

Chapter 11. Real-World Tasks
Section 11.1. Identifying and Optimizing Poorly Performing Pages
Section 11.2. Measuring the Success of Site Search
Section 11.3. Optimizing Your Search Engine Marketing
Section 11.4. Monetizing a Non-E-commerce Website
Section 11.5. Tracking Offline Marketing
Section 11.6. An Introduction to Google Website Optimizer
Section 11.7. Summary

Chapter 12. Integrating Google Analytics with Third-Party ApplicationsSection 12.1. Extracting Google Analytics Information
Section 12.2. Working with the Google Analytics Export API
Section 12.3. Call Tracking with Google Analytics
Section 12.4. Integrating Website Optimizer with Google Analytics
Section 12.5. Summary

Appendix A. Regular Expression OverviewSection A.1. Understanding the Fundamentals
Section A.2. Regex Examples

Appendix B. Useful ToolsSection B.1. Tools to Audit Your GATC Deployment
Section B.2. Firefox Add-ons
Section B.3. Desktop Helper Applications

Appendix C. Recommended Further ReadingSection C.1. Books on Web Analytics and Related Areas
Section C.2. Web Resources
Section C.3. Blog Roll for Web Analytics

Thursday, October 29, 2009

Analytics 2.0

A lot of these books have deceptively warm and inviting covers -- which they need ... since analytics and metrics are, by their nature, dry, tedious and cold topics ... important topics, but dry, tedious and cold!  There are some writers that I enjoy more than others -- one of those is Avinash Kausik, Analytics Evangelist for Google and author of the blog, Occam's Razor and presenter of videos on analytics.

The reason you should read this book is that Avinash really, really, REALLY gets that the GOAL is the highest net value to the business from web analytics implementation ... it's not about the feature of software packages or services, the esoteric intricacies of the technology ... it's about what it means to the business, how do the analytics drive a change in the website -- how does that change how we do business -- to make more money.  

That understanding is why, for every $100 spent on analytics, Avinash suggests that $10 be spent on analytics tools and vendor professional services [even free tools like Google Analytics still require the time of professional, even if the cost of that person's time is hidden] and $90 is required for “intelligent resources/analysts.”   Websites [for businesses that are serious about their web strategy] tend to be massively complex; although the analytics tools can capture all of the data from a complex site, they don’t actually tell you what to do.  Web analytics tools in the market spew out tons of data.  We don’t live in a simple Web Analytics 1.0 world anymore; it's necessary to make complex linkages.  We now have to deal with quantitative data, qualitative data, results of our multivariate experiments, and competitive intelligence data that might not tie to anything else.  Converting tons of data into insights also makes the linkages between the website and the people in the community or business -- this is about keeping up with the “tribal knowledge” in the community or business surrounding the website: unwritten rules, missing metadata, the actions of random people, and so on.  Real success is driven by the people you use -- you need an "real person" analyst with a planet-sized brain who both can use the web analytics tools AND go beyond the tools.  The book is worth it's cost for just that one insight -- my take:  hire the the smartest professional you can find ... then hire another one!   




It's advice that applies in many fields!


Suggestion:  Read SMARTER, read more, read faster.

The most important skill that you can have is to get really good at reading ...you might imagine that success is just a matter of busting your tail and working hard and listening ... those things are necessary, TOO ... but the reality is that readers will always be the leaders.  When you don't read, you follow.  Read better/ smarter by using something like GetAbstract and Google Books find books.; take advantage of  gadgets to build a page for you to scan to suggest BOOKS.

Blogs and other things you find on the internet is fine to scan, rapidly for good ideas -- but I am still an advocate of reading books [because the content is focused and deep; it must be well enough written by author qualified enough to be published by a company and edited by a professional].    $25 spent on the best book you can find any day is really cheap when you think about the insight a book furnishes ... actually $5000/year or so spent on a book almost every day would be a great investment if you could read that much ... the thing is that you should read that much ... it would prevent a lot of costly problems and furnish you with at least a few $5000 ideas in return.  If you have any wealth at all, I'm guessing that you've easily made [and probably lost] at least 10X or more than much in a year your stock market accounts.

Find tools to read smarter; make reading a core competency.  Do you already have a subscription to O'Reilly Safari?  If not, I'd suggest you check it out -- with an unlimited subscription you get over 14,000 recent, relevant titles; moreover, the mobile website can also be accessed using the web browser for the Kindle 1, Kindle 2, and the Kindle DX or on an Apple iPad. If you enjoy flipping through the pages of a "real" book ... I would definitely suggest picking up copies of used texts if they are are available, the principles that a good text like discusses does not really go out of date that soon ... of course, if this stuff is key to your business and you really shouldn't wait for used copies, I'd suggest that you head over to Amazon to browse the pages of Web Analytics 2.0: The Art of Online Accountability and Science of Customer Centricity and buy it or maybe some the other texts suggested by the Amazon recommendation engine.