Thursday, August 29, 2013

Verifying Business Value: Getting People to Buy Less

ClickZ
August 29, 2013
Analytics
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Getting People to Buy Less
Jim Sterne  |  Verifying Business Value  |  Comment  print  Email  Share it on Twitter  Share it on Facebook  Share it on LinkedIn
return-to-sender Spend a few minutes Googling about online clothing sales and you'll discover a general consensus that something like 40 percent of fashion items bought online are returned. Fully 30 percent of returns are caused by first-time, dissatisfied customers. This may simply be the cost of doing business. But what if you use the analytics generally employed to get people to buy more, to get people to buy less instead? Cutting the cost of processing the original sale and the return handling...


No Death Knell for Newspapers
Pelin Thorogood  |  Analyzing Customer Data  |  Comment  print  Email  Share it on Twitter  Share it on Facebook  Share it on LinkedIn
extra-extra2 What better way to talk about the demise of newspapers than to quote Mark Twain? When an enterprising reporter tracked him down in London on rumors of ill health, he set the record straight: "Reports of my death have been greatly exaggerated." Just so with newspapers. We've been hearing news of the industry's grim fate for a number of years. A study by Pew Research Center's Project for Excellence in Journalism in 2012 - "The Search for a New Business Model" - reported that newspapers...


'Tis the Season to Get Ready for Your Busiest Time of Year
Nathan Richter  |  Conversion & ROI  |  Comment  print  Email  Share it on Twitter  Share it on Facebook  Share it on LinkedIn
holiday-season Last year around this time, I talked about the importance of auditing your metrics from the prior holiday season. Assuming you took the advice and this year have your shop in order, here are five tactics to focus on now that will help turn holiday browsers into buyers. 1. Define and target seasonal customer segments. Don't get overwhelmed with how much customer data you can get your hands on. Instead, look for customer segments that you can reach immediately. One such segment could...


Remarketing With Google Analytics: 5 Simple Recipes to Get You Started
Vinoaj Vijeyakumaar  |  Analyzing Customer Data  |  Comment  print  Email  Share it on Twitter  Share it on Facebook  Share it on LinkedIn
remarketing In my last article I introduced AdWords Remarketing and how to set it up with Google Analytics. In this follow-up I want to share five of my favorite remarketing list setups for engaging with visitors and improving your conversion rates. With each remarketing list "recipe" we look at why you may want to consider them, how to set them up, and how to tailor your creatives for them. This last part is important as most advertisers make the mistake of serving generic creatives to the...


3 Digital Practices Brands Need to Master Before It's Too Late
Andrew Edwards  |  Actionable Analysis  |  Comment  print  Email  Share it on Twitter  Share it on Facebook  Share it on LinkedIn
cmo-test It's August 2013. Do you know where your markets are? In terms of digital analytics, that is. With content focus shifting rapidly to mobile (as if the web was going anywhere!), and multi-channel analytics all the rage, it's important to note that whatever the platform, three principles remain key to brand success. The larger the brand, the more important these items become. And with added layers of measurement complexity, they become that much more difficult to achieve - as well...



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