Global Thoughtz Web Analytics

Archive for March, 2008

Task Completion: A simple but powerful metric

Monday, March 17th, 2008

Much of the discourse surrounding voice of the customer analytics centers around online customer satisfaction. I want to talk a little bit another another tremendously powerful metric that sometimes gets overlooked–task completion. While task completion will never displace its big brother, satisfaction, it can be just as powerful a metric for websites where success is cut and dry, and here I’m make specific reference to transactional sites and lead generation sites.

These kinds of sites are not destinations. They are not like Facebook, MySpace, recently acquired Bebo, or any other of the burgeoning Web 2.0 communities. Visitors are not onsite for the heady sense of self-casting that Web 2.0 purveys; rather, they have come with the intent of doing something. They have taken time out of their busy days for very specific reasons, and they are undertaking very precise tasks. The most critical challenge as a site owner in such a situation is shepherding people to the completion of these tasks. If websites are to be held accountable as mature interactive channels, then this maxim must ring true.

If visitors’ tasks are not complete, it is of little value if they are left feeling engaged or if the site managed to monopolize a sizable chunk of their time. For these sites to operate at optimal efficiency, buyers must be buying, support seekers must be obtaining support, content creators must be creating, and learners must be learning.

This is not just a deep rooted belief of mine; it is also a contention based on a solid bedrock of evidence. Consider the following results, taken from iPerceptions’ automotive industry database and covering the period from June 2007 to January 2008, inclusive. Task completion was a tremendously strong ROI predictor among visitors with a purchase horizon of 3 months or less—even stronger than overall site satisfaction. Close to 70% of respondents who completed their onsite tasks also expressed an increased likelihood to purchase a vehicle further to their website visit. This share fell to 63% among visitors who reported that their overall site satisfaction was “Good” or better. These findings stem from a dataset of more than 15,000 respondents; therefore, the sampling error is negligible.

Task completion is a sensible, simple, and powerful metric. Most importantly, it ties back to hard actions taken by visitors. While respondents can be more forgiving when reporting their satisfaction with a website or their loyalty patterns, often opting to cling to a safe, noncommittal response, when they are asked whether they completed their tasks, it’s a cut and dry equation—they either did or they didn’t.

Don’t push everything on the first day

Thursday, March 13th, 2008

Don’t plan for everything and execute thinking the job is done… 

I find that too many campaigns focus on the first three days of the campaign. My experience is that your banners/ads/landings pages etc. are never perfect in the beginning of a campaign. You always need to optimize while the campaign is running.

If you put all the big bucks in your first three days, then you don’t really have time to adjust. In which case you’ll loose out on a lot of the possible effects you could have gotten just by planning your campaign a little better.

Sometimes you have to explode on day one, especially if you have a cross-channel campaign. In this case it’s very important that you have a small pilot or test campaign the week before, so that you can make your adjustments before the hard launch.

The same principle applies to the media and placements and creatives you should choose. Try out small amounts on a large scale of different placements, and then choose the ones that work for you. Don’t think you can plan for everything. Don’t think you can execute perfectly on the first try. Try, try, evaluate, learn, and try again…

First Web Analytics Wednesday in Switzerland

Tuesday, March 4th, 2008

The first Web Analytics Wednesday in Switzerland will be held in Geneva on 23rd of April.
This half-day will be the opportunity to meet people interested in Web Analytics in Geneva area. We plan to have one hour presentation including testimonies from practitioners and then two hours discussion and networking.

Join us for this first edition of WAW in Switzerland.

Registration form here