Document Details

PromisedVerism261

Uploaded by PromisedVerism261

CIMT College

Marwa Mohamed

Tags

martech digital marketing web analytics business

Summary

This document provides an overview of CIM Level 4 Award in MarTech, focusing on the use of analytics platforms, different metrics like engagement and conversion metrics, and how to use these to improve marketing effectiveness.

Full Transcript

CIM Level 4 Award in MarTech Prepared by Marwa Mohamed 3. Explain the Measures Accessed in Analytics Platforms 3.1 Explain the Measures Accessed in Analytics Platforms 1. Different Metrics Tracked in Analytics Platforms...

CIM Level 4 Award in MarTech Prepared by Marwa Mohamed 3. Explain the Measures Accessed in Analytics Platforms 3.1 Explain the Measures Accessed in Analytics Platforms 1. Different Metrics Tracked in Analytics Platforms Traffic Metrics: Engagement Metrics: Users: The total number of unique visitors to a site over a Click-Through Rate (CTR): Percentage of users who clicked on a Web analytics specified time period. link compared to the total who viewed it. Sessions: The number of times users engage with a site, Engagement Rate: Sum of interactions like likes, shares, and including multiple visits by the same user. comments divided by the total reach. platforms collect a Bounce Rate: The percentage of sessions where a user views Time on Site/Page: Indicates the average time users spend only one page before exiting. A high bounce rate often indicates engaging with specific pages. wide range of data to poor content relevance or usability issues. Pages Per Session: Average number of pages viewed during a Scroll Depth: Measures how far down a webpage users scroll, highlighting areas where they lose interest. single session. help businesses New vs. Returning Users: Provides insights into customer loyalty and acquisition rates. understand user behavior and improve Conversion Metrics: Behavioral Metrics: Goal Completions: Tracks specific user actions such as form Exit Pages: Tracks where users leave a website, helping identify marketing submissions, sign-ups, or purchases. pages that might require improvement. Conversion Rate: Percentage of users who complete a desired Path Analysis: Examines how users navigate through a site, effectiveness action out of total visitors. Revenue Metrics: revealing common sequences and drop-off points. Event Tracking: Monitors specific interactions, such as video Average Order Value (AOV): Average amount spent per plays, file downloads, or button clicks. transaction. Customer Lifetime Value (CLV): The projected revenue a customer will generate over their lifetime with the business. Return on Ad Spend (ROAS): Revenue generated for every dollar spent on advertising. 2. Dimensions (Labels for Data) Dimensions categorize and organize raw data, providing qualitative context to metrics. Geographic Dimensions: Demographics: Device and Technology: Identify where your users are Breaks down data by user age, Device Type: Mobile, desktop, or located (country, city, or region). gender, income level, or tablet. Helps businesses tailor content to educational background. Browser and OS: Understand user cultural preferences and time Useful for creating customer preferences and optimize zones. personas and targeted marketing platform compatibility. strategies. Traffic Source/Medium: Tracks how users arrived at your site: organic search, paid ads, referral links, or direct traffic. Helps evaluate the effectiveness of different marketing channels. 3. Metrics (Quantitative and Qualitative Data) Quantitative Metrics: Qualitative Metrics: These are numerical values that allow These provide subjective insights precise measurement: based on user intent and satisfaction: Total users and sessions. Customer feedback from surveys or online Bounce rates and CTR. reviews. Sales revenue and profit margins. Social sentiment analysis through comments, reviews, and user-generated content. Heatmap analysis to visualize user navigation and click patterns. 4. Basic Available Reports in Analytics Platforms Google Analytics Reports: Meta Insights Reports: Real-Time Reports: Tracks live user interactions, useful for Audience Reports: Tracks follower demographics, locations, monitoring time-sensitive campaigns. and behaviors. Acquisition Reports: Highlights which channels drive the Content Performance: Analyzes reach, impressions, most traffic, such as social media, paid search, or email engagement, and video views for each post or ad. campaigns. Paid Campaign Reports: Breaks down ad spend, ROAS, and Engagement Reports: Provides detailed insights into user CPC, helping evaluate the cost-effectiveness of campaigns. interactions, including time on site, bounce rates, and engagement rates. Conversion Reports: Tracks goal completions like purchases, downloads, or form submissions. Retention Reports: Analyzes how well a site retains users over time, providing insights into customer loyalty. 5. Importance of Data Segmentation Enhanced Personalization: Improved Campaign Segment users by behavior, Effectiveness: Identify which location, or device to deliver audience segments respond customized messages and best to specific campaigns or offers. ads. Targeted Retention Performance Insights: Strategies: Use segmentation Compare performance across to create loyalty programs for segments, such as new vs. high-value customers or returning users or desktop vs. improve offerings for low- mobile users. performing segments. 5. Importance of Data Segmentation Enhanced Personalization: Improved Campaign Segment users by behavior, Effectiveness: Identify which location, or device to deliver audience segments respond customized messages and best to specific campaigns or offers. ads. Targeted Retention Performance Insights: Strategies: Use segmentation Compare performance across to create loyalty programs for segments, such as new vs. high-value customers or returning users or desktop vs. improve offerings for low- mobile users. performing segments. 3.2 Recommend How Data from Analytics Platforms Can Be Used to Inform Future Marketing Activities 1. Different Metrics Tracked in Analytics Platforms Traffic Analysis: Monitor Engagement Evaluation: trends in user acquisition to Assess which content types identify high-performing (videos, blogs, infographics) channels and allocate generate the most resources effectively. interaction. Sales Funnel Analysis: Track user behavior at each funnel stage to identify bottlenecks and optimize the user journey. 2. Linking Data to Campaign or Marketing Objectives Objective 1: Increase Brand Objective 2: Boost Conversion Awareness: Rates: Leverage impressions and reach metrics to Align user intent (from search queries or understand the visibility of your heatmaps) with improved landing page campaigns. designs. Use demographic data to identify gaps in Optimize CTAs based on high-performing audience targeting. keywords and A/B test results. Objective 3: Improve Customer Retention: Use behavioral data to identify churn risks and implement loyalty programs or personalized offers. 3. Feedback to Internal and External Stakeholders Internal Teams: External Stakeholders: Share performance data to align Offer detailed reports to clients or marketing, sales, and product investors, showcasing ROI, market development efforts. reach, and future recommendations. Provide insights into customer needs Present customized dashboards with and preferences for more focused clear data visualizations for campaigns. transparency. 4. Creation of Campaign Reports Key Metrics and Campaign Overview: A Trend Analysis: Performance: Highlight summary of goals, Insights on data trends impressions, strategies, and target and seasonal engagement, audiences. performance. conversions, and ROI. Future Challenges and Data Visualizations: Recommendations: Learnings: Areas of Use graphs and charts Actionable strategies improvement based on to present data clearly for optimizing future data insights. and concisely. campaigns.

Use Quizgecko on...
Browser
Browser