Showing posts with label business intelligence. Show all posts
Showing posts with label business intelligence. Show all posts

Monday, May 17, 2010

Forget web analytics – being a web analyst is hard

I have been stewing all week over a great blog post I read by Evan LaPointe, a digital marketer out of Atlanta. The post was entitled “I don’t want an analytics job”, and it seems to carry over the same feelings and themes of an earlier post he wrote called “Web Analytics Sucks, and it’s nobody’s fault.”

These posts both excited and annoyed me at the same time.

On one hand, it was almost liberating to read that someone is living in the same trenches that we are at Napkyn. A lot of the points of frustration that Evan talks about – like navigating both internal politics and sub-par data as well as having the role of web analyst considered a low-level technical job rather than a high level executive job – hearing someone else say this stuff will make any analyst grin and buy in. It’s like reading a good Dilbert cartoon and thinking “Hey, that is SO where I work!” - it’s cathartic, but not productive.

Hence my annoyance. Evan touches on all the challenges with being an analyst, and outlines all the skills (data analysis) and opinions (Always Be Testing) that good analysts bring to the table. But his conclusion is that good web analysts don’t actually want to be web analysts, they just represent the next generation of executives-in-waiting – web analysis is beneath them. He says that web analytics actually want to be the ‘shepherds’ of a business, who use data to help guide the organization to ongoing successes. There’s already a job title for that – it’s a CIO.

So while I totally agree with the sentiments, I thought I would share my thoughts on what the real issue is.

Friday, April 9, 2010

Don't trust your instincts

All too often, when it comes to online businesses, we tend to simply go with our gut feeling. Will a video on the homepage increase bounce rate? What sort of discount will result in the most sales?

Most online business owners and managers just don't have the time or mental energy to perform the tasks required to determine these best practices. Well, a blog post by the Harvard Business Review has some harsh words for business owners who just shoot from the hip: There's a much better way of doing business.

Wednesday, December 16, 2009

Magnifying Glasses, Microscopes and Web Analytics.

We have been talking to and working with a lot of companies this year for web analytics, and an interesting trend has been emerging with the executives that we are dealing with. Most digital decision makers we talk to either want to have Napkyn deliver ‘magnifying glass’ focused consulting on a few critical business metrics every month, or they want us to pull out the microscopes and look for new revenue potential in the specifics of their data.

In understanding these two types of executives, their motivations and ultimate goals, we can quickly see what value a good web analyst can immediately bring to an organization.

Executives who are responsible for a digital channel tend to fall into one of two types:

Analytics for performance management (macro level analysis) : Macro executives view WA data as a set of health metrics that can be used to understand the digital business. Their ultimate goal is to have a small set of business critical metrics that they can monitor to assess their online success. An example of this would be Patrick Byrne at Overstock, who says that he continually monitors their net promoter score as an operational success metric.