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10 Metrics You Need to
     Be Tracking

         Neil Patel
        KISSmetrics
1. How unique is a visitor?
How unique is a visitor?
 Having multiple computers is
 common. So a unique visitor is not
 unique anymore.
Why not track people?
 One way to track people is to tie IP
 addresses to login credentials.
Why not track people?
1. How unique is a visitor?
   --------------------------------------------------------
2. Some people need time before they buy
Some people need time
before they buy
 People can visit your site a few times
 before they purchase. So you have to
 analyze all entry sources.
Better tracking equals
higher ROI
 Tracking the first entry source helps
     you
 calculate a more accurate ROI on your
 marketing efforts.
1. How unique is a visitor?
   --------------------------------------------------------
2. Some people need time before they buy
   --------------------------------------------------------
3. Get targeted feedback
Get targeted feedback
 Getting feedback from all of the people
 that visit your website is useless
     because
 many of those people aren’t your ideal
 customer.
Never stop asking
questions
 People can change their minds, so
 sometimes it is wise to ask them the
 same or similar questions over again.
1. How unique is a visitor?
   --------------------------------------------------------
2. Some people need time before they buy
   --------------------------------------------------------
3. Get targeted feedback
   --------------------------------------------------------
4. Who’s engaging?
Who’s engaging?
 Not all people will engage with your
 website. Find the traffic sources that are
 causing engaged users and go after
 them.
1. How unique is a visitor?
   --------------------------------------------------------
2. Some people need time before they buy
   --------------------------------------------------------
3. Get targeted feedback
   --------------------------------------------------------
4. Who’s engaging?
   --------------------------------------------------------
5. Event tracking
Event tracking
 Don’t just track what people are doing
 on your website, but track what
 different people like.
Installing event tracking
 _trackEvent(category, action, optional_label, optional_value)

 pageTracker._trackEvent('Videos', 'Play', 'Gone With the
      Wind');
 pageTracker._trackEvent('Videos', 'Pause', 'Gone With the
      Wind');
 pageTracker._trackEvent('Videos', 'Stop', 'Gone With the
      Wind');

 pageTracker._trackEvent('Videos', 'Downloaded', 'Gone With
      the
 Wind');
Events give you visibility
 A good way to find out if users like
 a specific feature set on your website or
 in your application is to track them.
1. How unique is a visitor?
   --------------------------------------------------------
2. Some people need time before they buy
   --------------------------------------------------------
3. Get targeted feedback
   --------------------------------------------------------
4. Who’s engaging?
   --------------------------------------------------------
5. Event tracking
   --------------------------------------------------------
6. Real conversion rate
Real conversion rate
 Conversion tracking doesn’t end when
 someone signs up. Free users can
 convert into paid users, so you need to
 track where free users originally came
 from.
Here’s what I track
 •   Where people first came from
 •   What did they do before they
     converted into a paid customer.
 •   How long before they started paying
1. How unique is a visitor?
   --------------------------------------------------------
2. Some people need time before they buy
   --------------------------------------------------------
3. Get targeted feedback
   --------------------------------------------------------
4. Who’s engaging?
   --------------------------------------------------------
5. Event tracking
   --------------------------------------------------------
6. Real conversion rate
   --------------------------------------------------------
7. Cancellations
Cancellations
 It’s harder to make money than it is to
 save it. Focus on reducing your churn as
 much as possible.
Cancellations

        cancellation
Cancellations
 Once you know who is cancelling, you
 can work on finding out why through
 surveying and fix it.
7. Cancellations
   --------------------------------------------------------
8. Life Time Value
Life Time Value
 It’s ok to lose money in the short run as
 long as you make it up in the long run.
Life Time Value
7. Cancellations
   --------------------------------------------------------
8. Life Time Value
   --------------------------------------------------------
9. Co-hort Analysis
Co-hort Analysis
 Just because your numbers are going, it
 doesn’t mean they are going up. The
     only
 way you can really find out if things are
 going well is through co-horts.
Co-hort Analysis
7. Cancellations
    --------------------------------------------------------
8. Life Time Value
    --------------------------------------------------------
9. Co-hort Analysis
    --------------------------------------------------------
10. Segment Your Uses
Segment Your Users
 Don’t treat all of your users and
 customers the same. Segment them into
 buckets to offer them a more
 personalized experience.
Segment Your Users
Slides
Have questions? Contact me!

Neil Patel
(562) 292-3834
npatel@kissmetrics.com
kissmetrics.com
quicksprout.com

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GROWtalks - 10 Metrics You Need to be Tracking - Neil Patel KISSmetrics

  • 1. 10 Metrics You Need to Be Tracking Neil Patel KISSmetrics
  • 2. 1. How unique is a visitor?
  • 3. How unique is a visitor? Having multiple computers is common. So a unique visitor is not unique anymore.
  • 4.
  • 5. Why not track people? One way to track people is to tie IP addresses to login credentials.
  • 6. Why not track people?
  • 7. 1. How unique is a visitor? -------------------------------------------------------- 2. Some people need time before they buy
  • 8. Some people need time before they buy People can visit your site a few times before they purchase. So you have to analyze all entry sources.
  • 9.
  • 10. Better tracking equals higher ROI Tracking the first entry source helps you calculate a more accurate ROI on your marketing efforts.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15. 1. How unique is a visitor? -------------------------------------------------------- 2. Some people need time before they buy -------------------------------------------------------- 3. Get targeted feedback
  • 16. Get targeted feedback Getting feedback from all of the people that visit your website is useless because many of those people aren’t your ideal customer.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21. Never stop asking questions People can change their minds, so sometimes it is wise to ask them the same or similar questions over again.
  • 22. 1. How unique is a visitor? -------------------------------------------------------- 2. Some people need time before they buy -------------------------------------------------------- 3. Get targeted feedback -------------------------------------------------------- 4. Who’s engaging?
  • 23. Who’s engaging? Not all people will engage with your website. Find the traffic sources that are causing engaged users and go after them.
  • 24.
  • 25.
  • 26. 1. How unique is a visitor? -------------------------------------------------------- 2. Some people need time before they buy -------------------------------------------------------- 3. Get targeted feedback -------------------------------------------------------- 4. Who’s engaging? -------------------------------------------------------- 5. Event tracking
  • 27. Event tracking Don’t just track what people are doing on your website, but track what different people like.
  • 28.
  • 29. Installing event tracking _trackEvent(category, action, optional_label, optional_value) pageTracker._trackEvent('Videos', 'Play', 'Gone With the Wind'); pageTracker._trackEvent('Videos', 'Pause', 'Gone With the Wind'); pageTracker._trackEvent('Videos', 'Stop', 'Gone With the Wind'); pageTracker._trackEvent('Videos', 'Downloaded', 'Gone With the Wind');
  • 30. Events give you visibility A good way to find out if users like a specific feature set on your website or in your application is to track them.
  • 31. 1. How unique is a visitor? -------------------------------------------------------- 2. Some people need time before they buy -------------------------------------------------------- 3. Get targeted feedback -------------------------------------------------------- 4. Who’s engaging? -------------------------------------------------------- 5. Event tracking -------------------------------------------------------- 6. Real conversion rate
  • 32. Real conversion rate Conversion tracking doesn’t end when someone signs up. Free users can convert into paid users, so you need to track where free users originally came from.
  • 33. Here’s what I track • Where people first came from • What did they do before they converted into a paid customer. • How long before they started paying
  • 34. 1. How unique is a visitor? -------------------------------------------------------- 2. Some people need time before they buy -------------------------------------------------------- 3. Get targeted feedback -------------------------------------------------------- 4. Who’s engaging? -------------------------------------------------------- 5. Event tracking -------------------------------------------------------- 6. Real conversion rate -------------------------------------------------------- 7. Cancellations
  • 35. Cancellations It’s harder to make money than it is to save it. Focus on reducing your churn as much as possible.
  • 36. Cancellations cancellation
  • 37. Cancellations Once you know who is cancelling, you can work on finding out why through surveying and fix it.
  • 38. 7. Cancellations -------------------------------------------------------- 8. Life Time Value
  • 39. Life Time Value It’s ok to lose money in the short run as long as you make it up in the long run.
  • 41. 7. Cancellations -------------------------------------------------------- 8. Life Time Value -------------------------------------------------------- 9. Co-hort Analysis
  • 42. Co-hort Analysis Just because your numbers are going, it doesn’t mean they are going up. The only way you can really find out if things are going well is through co-horts.
  • 44. 7. Cancellations -------------------------------------------------------- 8. Life Time Value -------------------------------------------------------- 9. Co-hort Analysis -------------------------------------------------------- 10. Segment Your Uses
  • 45. Segment Your Users Don’t treat all of your users and customers the same. Segment them into buckets to offer them a more personalized experience.
  • 47. Slides Have questions? Contact me! Neil Patel (562) 292-3834 npatel@kissmetrics.com kissmetrics.com quicksprout.com