Showing posts with label Engagement. Show all posts
Showing posts with label Engagement. Show all posts

Friday, October 12, 2007

WebTrends Engage Conference

Earlier this week, I attended WebTrends’ Exchange conference in Las Vegas. Here are some highlights of the conference.

Evening before the conference

On Monday evening, WebTrends provided us a chance to see Live Diet Coke and Mentos show by Eepybird.com, you can see these guys in action here:



Expert Panel on Engagement


Picture courtesy June Dershewitz of Semphonic.

As the name suggest the theme of the conference was visitor engagement. I had a privilege to be on a panel with Gary Angel, Andy Beal, Manoj Jasra, Jim Novo and Jim Sterne. All of us, except Andy Beal, came from Web Analytics background and were in agreement that Engagement was not an excuse, it is a metrics. Andy Beal brought some interesting points about how we should look at engagement not from just web point of view (which was mostly the focus of this conference) but should take other channel e.g. offline into consideration when measuring customer engagement.


360 degree view of the customers

Remember the Predictions I made in January of this year? (Yes they have all come true, 100% on the mark; I just have to do a follow-up post). I wrote
“Web Analytics won’t be standing alone - Marketers will want 360 view of the customers.”.
Guess what? 360 view of customer was another of the subject that was discussed in this conference. Another validation of my predictions.

WebTrends Gone Wild!!!

On Tuesday evening, WebTrends threw a great party at the Palms hotel. The view of Vegas strip from the club was excellent, great choice of venue. It was interesting to see these web analytics folks “engaged” in dancing, free drinks and with each other.

New Products from WebTrends

I was very impressed with Visitor Intelligence and WebTrends Score. I have to say Visitor Intelligence is a great tools for doing advanced segmentation. A very easy to use interface, just drag and drop dimensions and measures and build your segments. It also has the ability to exports the cookie ids so you can take action on your segments, yes I am talking about targeting (behavioral targeting in particular).
Visitor Score allows you to score visitors engagement with the sites, product, attribute scores to various actions that a visitors takes on the site. Visitors Scores will allow you to measure visitor/customer engagement with a very simple interface. However the challenge most of the business will face it to determine what score to assign to which activities (and this is where I can help you). As I wrote last week,
If defined properly (that’s the key) engagement metrics can be good measure of past and predictor of future. Here is tool which can help you in defining engagement. Also, score provides a way to segment your users and then do on-site Behavioral Targeting.
According to my friend Jacques Warren
“Score will need to run on Visitor Intelligence, which will in turn need to run on Marketing Warehouse. This means that you will need to get new money to pay for them, whatever you have spent on the regular product.”


My New Prediction
WebTrends is on the right track with their new products and you will see them giving Omniture run for their money. Omniture get ready for some stiff competition. The more I think the more convinced I get that Webtrends is making the right moves. Howvere WebTrends has to make some more moves to get these products adopted by the market. I have my opinions on how Webtrends can make these products a success, and I already talked to them about it. Thank you for listening, I hope you will also act on what I said. If you are from Webtrends and want to listen to those again I would love to talk with you(Note: I will be at eMetrics next week). I have talked to several people about my concerns and they all agreed, so this is not just me.

Other reads:
Jacques Warren
June Dershewitz

What’s Next for me
I have a lot to write, two main ones are

  1. A follow-up post on my Predictions

  2. My view of the future and how cookie deletion won’t matter, yes, you will have to wait for it. I have discussed my views with two fellow bloggers and they have promised not to reveal it.


Next week, I am going to eMetrics, where I will be speaking about Behavioral Targeting
Then I am off to India for a week.

Tuesday, October 02, 2007

Engagement, is it a metric or an excuse?

Avinsah Kaushik, posted a blog post stating that “Engagement is not a metrics, it is an excuse”.

I beg to differ with Avinash on this one. I agree with Avinash that there is no standard way of measuring engagement. And my argument is that we don’t need a standard way to define engagement. Engagement metric is site specific and companies should have their own engagement baselines and trends. It is not a metrics that should be used to compare sites, because, as Avinash said in his post, each site is unique and hence the how each sites define engagement is going to be unique.

Avinash states “One of my personal golden rules is that a metric should be instantly useful. This one is not. Say you measure engagement. It could be a % or a absolute number or a ratio or whatever (in fact it can be any or all of those at the same time). You fire off a graph or a excel spreadsheet with trends. You repeatedly get asked: What are we measuring?”.

Question is when don’t we get questioned? A lot of marketers still have confusion about visits and visitors (believe me for 4 months I had to explain this multiple times to a marketing director of a major company). But that does not mean we should not use them. As an analyst our job is also to explain what measure makes sense, why they make sense and how are they calculated. You have to make sure your KPIs are not for the sake having KPIs, they are Key Performance Indicators for your Business. Same goes with Engagement as a KPI or even just another metric, you have to define it properly keeping your business goals in mind, make sure stakeholders understand what it is showing, why should they care and how it affects the business.

Engagement, to me, is not just about looking at the history, like most of the KPIs do. If defined properly (that’s the key) engagement metrics can be good measure of past and predictor of future. Ultimately there is are business goals for having a website, weather those are conversions, creating a brand value, driving more offline sales or something along those lines. Engagement metrics can also show you where you should spend your money, which segments to cater to. If you correlate your engagement metrics with your goals you will be able to come up with a model for predicting the future. Engagement metrics can serve as the leading indicator telling you if you will meet, beat or miss your goals. Engagement metrics allows you to be proactive. That is the beauty of engagement metrics.
So, given that, I don’t think engagement metrics is an excuse. It is actually very powerful, better than past indicators.

What do you think? Am I missing something?

You should also check out the following
Jim Novo’s blog post http://blog.jimnovo.com/2007/08/02/webtrends-score/
Captian Blackbeaks Blog http://blackbeak.conversionchronicles.com/2007/10/02/finally-i-disagree-with-avinash/

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