New in Littledata: tailored tips, new reports and more

We released the last updates just a few weeks back, but we've done it again. The new improvements will help you get more out of your reports and make your analysis more efficient, but if you've got any other requests or feedback, don't hesitate to let us know. So here's what we've done. Report improvements Discover where you need to improve Tips reports identify the gaps in your analytics setup and suggest fixes or improvements to boost your tracking. We are working on bringing you more of these tailored tips but we need to know what you're trying to achieve to get these right. By updating your report preferences in the subscription settings, you will start getting personalised suggestions and we will use this information for other future tailored reports. You can get to your subscription settings by clicking on the cog icon in the header. See more detail on your referrals It's important to stay on top of your website traffic changes with minimum time waste. This is why we developed Littledata software in the first place. Now we have added extra information to your referrals reports so you can immediately see which sources had the biggest increase or decrease. You will also see the option to pick the type of reports you want to get. Just click on the 'Yes please' button at the bottom of the report to see your choices for customisation. New monthly report So far you've been getting reports that look at the changes in your Google Analytics data on a daily and weekly basis. We've had a lot of requests for monthly comparison reports instead, so we've added these to your feed. Just like your daily and weekly reports, you can spot the new monthly ones by the time tag. Benchmark your website performance It has always been difficult to get a hold of benchmark data to find out how you’re performing against others. You often have to spend a lot of time crawling through the internet to find anything remotely useful. With our new website performance benchmarks we are changing that. Now you can compare your engagement metrics to other websites. You’ll be able to tell whether you need to focus on improving your bounce rate from a particular source, or page load for example.   Feel free to ask questions or send us your comments either below or via the Intercom Messenger available when you're logged in.   Further reading: Under the hood of Littledata

2016-03-14

How to use the lookup table variable in Google Tag Manager

A lookup table in Google Tag Manager makes it much simpler to manage lots of values in your tracking setup. It can drastically reduce the number of tags required and turn your messy GTM into a neat environment. It's especially useful with larger setups where you have multiple tracking requirements and flexible to accommodate new tracking needs as they arise. You can easily add or remove values from your lookup tables, and not worry about having to change any codes. The lookup table variable allows you to define a set of key-value pairs where the output variable (the value that you are sending to Google Analytics) is linked to the identifier (the key). It works like this: When [input variable] equals to  _______, set [this output variable] to_______. For example, you could use the lookup table for: Assigning different Google Analytics property IDs for various domains/hostnames, eg. when [website hostname] equals to littledata.co.uk, set [property ID] to UA-010101 (see example below) Setting different pixel or conversions IDs for different country websites, eg when [website country code] equals to 2, set [pixel ID] to 88779 (requires having website country code variable defined) Defining your event categories, actions and labels (see example below) Remember! There’s no limit to how many values you can have in the lookup table, but the fields are case sensitive. So if you have multiple capitalisations of some input, then include all of them in the lookup table and assign the same output for each. I have previously explained setting up the tracking of user actions as events in GTM, but when you need to track multiple events, one tag just doesn't cut it anymore. And instead of creating several tags to cover each event or action, here's how you would create the lookup table to cover multiple values in one place. Creating lookup table variable for event parameters In the Littledata software interface, you get an option to switch between different report types or view them all. I want to track when people click on different report types, so instead of creating 5 different tags for each user action, I will set up a lookup table to cover all of them in one place. But firstly I need to know which variable to use as the input. You can only have one type of input variable per the lookup table so you want to pick a variable type that applies to each (ideally). For this, I will check how each report type option has been set up in the code by inspecting the element (inspect/inspect element depending on the browser you're using and usually accessible via right click). Here's how each report type has been set up: <a href="/report-list/m2i4MnmXcewDSzZ3c/all" class="current" id="ga-all">All <span class="count">120</span></a> <a href="/report-list/m2i4MnmXcewDSzZ3c/trends" class="" id="ga-trends">Trends <span class="count">80</span></a> <a href="/report-list/m2i4MnmXcewDSzZ3c/pages" class="" id="ga-pages">Pages <span class="count">37</span></a> <a href="/report-list/m2i4MnmXcewDSzZ3c/tips" class="" id="ga-tips">Tips <span class="count">3</span></a> <a href="/report-list/m2i4MnmXcewDSzZ3c/benchmark" class="" id="ga-benchmark">Benchmark <span class="count">0</span></a> Looking at the above, I can see that each report type has a unique ID - here that's the best one to use. Now to set this up, go to Variables, click ‘New’ and select 'Lookup Table' as your variable type. For the input variable, I will use {{Click ID}} as explained above, but you, of course, use whatever unique identifier you have available. For your output, you want to define the event action you are going to send to the Events report in Google Analytics. Should you set the default value? You can set a default value for the output when there is no match found in your table. With the event tracking, I sometimes find it useful to enable to identify if I set up my tag correctly. If my trigger ends up being too broad, the default value option will pick up additional values not defined in the table. I will then see these values in Google Analytics reports and this way I can tidy up the trigger to be more accurate. So this is what your variable should look like now. Click ‘Create Variable’ and there you have it. In your GA event tag, the newly created variable would look like this. Other uses Multiple Google Analytics properties If you have a single GTM container installed on multiple domains but you're tracking them across different Google Analytics properties, you want to ensure that you're sending the data to the correct one. Instead of having multiple variables to store different property IDs, you can have them all neatly in the same table defined by the hostname. This way any tracking activity on each site will go to its own dedicated property. Excluding test or other data If you want to make sure that any data outside of your main site goes to a test or other Google Analytics property, you can do so by setting the default value. The default value is the output that is not found in the table. With this setup, any activity tracked on www.mainsite.com goes to property ID UA-121212. If the activity wasn't on www.mainsite.com, then it sent to property ID UA-121212-2. Use lookup tables for something else? Confused? Get in touch or comment below!

2016-03-09

How to set up event tracking in Google Tag Manager

Events in Google Analytics are important for understanding how people interact with your website. They give you additional insight into their behaviour and how effective your pages are for leading users towards a conversion. With event tracking you could see how many users clicked on a button or played a video, scrolled down a page or clicked on your contact and social media icons. I mostly use Google Tag Manager (GTM) for analytics setup so I will show how to set up event tracking for clicks on buttons with GTM. Instead of hard coding events in the code, GTM allows you to create, test and amend tags within its interface. Before you go ahead creating your event tags, make sure your built-in pages and clicks variables are enabled. This will avoid you having to go back and forth between different sections. The setup below covers only one action - a click on a specific button - but if you have multiple actions to track, then look into implementing a lookup table variable. Tracking button clicks Here's my scenario. I want to track our BENCHMARK YOUR SITE button that allows users to sign up to our free software plan and get benchmarked against competitors.   And here's how to set it up. 1. Create a tag It will be a Universal Analytics tag type where tracking ID is a constant string variable (you need to create this variable before using it) and track type 'Event'. Think of your event tracking parameters as a way to organise the events into a hierarchy: Category – the main aim of the button or its placement Action – what the user clicked or the action Label – provides additional information like on what page the button was clicked or the outbound link they clicked on Value – if you have a numerical value to set for your click (not in my case tho) In my example, the category is ‘Get started’ because we have a number of similar buttons across the site with the same purpose to get the user started with the signup, so all of them have the same event category. For action, I specify the type of button that was clicked on so I can compare how these different buttons perform - 'Benchmark your site' in this case. My event label is the {{Page Path}} where they clicked on the button. The buttons take the user to the same place so I’m more interested in which pages these buttons were clicked on. Alternatively, if you have buttons that take people to different URLs you might want to track that instead. Is it a non-interaction hit? This is an important one to keep in mind. By default this is set to False. If you don’t want this event to impact your bounce rate, then change it to True, which you would do if the click or action didn’t take the user to the new page, or if you didn't want it to be included in your bounce rate calculations. Now click 'Continue' to go to the trigger setup. 2. Create a trigger Trigger is like a rule that allows you to tell the tag, ie specify the conditions, when it should fire. Under 'Fire On' select ‘Click’ as your trigger type and then ‘New’. For configuring the trigger, you have a choice between two types: Just Links – use this when the target is a link or anchor tag <a> All Elements – use this when the target is any other element that’s not a link To determine what’s best for your purposes you need to have a look at how your button is set up. You can do this by selecting ‘inspect element’ or simply ‘inspect’ depending on what browser you’re using. It’s usually available when you right click on the button or element.   Our button has been set up the following way: <a href="https://littledata.uk/signup" class="btn btn-ltd btn-green">benchmark your site</a> It has a link so I will use 'Just Links' for targets and I have a choice between three elements to use in further configuration: https://littledata.uk/signup as click url btn btn-ltd btn-green as click class benchmark your site as click text It is best to use a unique condition if you can. This way, if similar class or click url gets reused in other parts of the website you don't have to go back to this trigger to update it. With 'Just Links' you will get additional configuration options: Wait for tags - delays opening of links until all other tags have fired or the wait time has lapsed, whichever happens first Check validation - fires the tag only when opening the link was a valid action, without the tag will fire whenever the user clicks on the button/link Enable when - this options is shown only when either of the above is ticked so you can be specific about where you want the trigger to be active If you want the trigger to listen to the interactions on all pages, then set that section to be  URL or Page Path matches regex .*. (without that very last full stop - that one's for the sentence) In my case, I only want it to work on benchmark pages and all of them start with /benchmark/. The very last step in trigger setup is specifying on which actions or clicks the tag should fire. As said above, I'm using the button's click class here. All done? This is what your tag should now look like. Click 'Create Tag'. 3. Test Test your tag in GTM's preview mode by checking two things: the tag fires in the preview interface, and the tag is seen in Google Analytics real time view under 'Events' with the event parameters you specified   I hope you got on with the setup above just fine, but if you have questions or clarifications, feel free to ask below.   Further reading: Know who converts on your site with Google Analytics goals Using lookup table variable in Google Tag Manager Intro to Google Tag Manager's key concepts and terminology Image: Courtesy of suphakit73 at FreeDigitalPhotos.net  

2016-03-02

SEIS support covers over 100% of your startup investment risk

Until recently I hadn't understood how generous the Seed Enterprise Investment Scheme is for investors in early-stage companies. Investors can put up to £100k in qualifying companies, as long as they don't control more than 30% of the SEIS company. There are three overlapping benefits which mean you can recoup over 100% of your investment in tax offset if the companies goes bust, and get a 5x boost to the value of your initial investment if all goes well.  It sounds too good to be true, so use your allowance while it is still open! Let's assume that you are an additional rate (45%) tax payer, and want to invest £10,000 of capital gains into an SEIS company. What happens if that company eventually goes bust? A. Reinvestment relief Firstly you get a 50% reduction in the capital gains tax bill from gain reinvested.  If you realised a gain of at least £10k over and above the capital gains tax allowance from selling shares or property, then you can reclaim the tax on the amount you reinvest in the SEIS company.  At the 2014/2015 higher rate of 28% that is: + £2,800 B. Income tax relief Next you can write 50% of your £10k investment off against your income tax bill from this year or last - even if you didn't directly use that income to invest in the SEIS company. +£5,000 C. Loss relief If the company goes bust, then you can write a further 45% (your marginal tax rate) in the year you claim against your income tax bill. 45% times the £5,000 of investment the tax payer didn't originally fund. +£2,250   So of that £10k you have already recouped £2,800 + £5,000 + £2,250 = £10,050 from HMRC. Leaving you with a small gain to cover the inconvenience. But look on the bright side! What if the company sells for double the value in a few years' time? This time you still get benefits A & B, but also keep the proceeds free of capital gains tax. So you put in £10k, but take £7,800 back off your tax bill, leaving you with £2,200 net exposure.  When you sell the shares for £20k, you have multiplied your capital at risk 9 times An investment in an equivalent non-SEIS company would have yielded £20k, less capital gains tax of £2,800 = £17,200 (1.7x your investment) So you get more than five times the net gain from the SEIS investment.  

2016-02-25

3 steps to great email customer support

As a consumer brand, is there a better way of getting customers to refer you business than offering excellent customer support? My inbox this afternoon showed two polar opposites of handling support by email and illustrated what great support looks like. I can sum up the differences: Ditch the "you're in a queue" email Really listen to the customer Offer further advice Ditch the "you're in a queue" email My depressing email exchange with Swiss Airlines starts when I tried to complain about the £4.50 credit card charge. I would normally never pay it, but their debit card payment route was broken, so to book the flight I had no choice. Dear customer, thank you for your message. We will get back to you as soon as possible. The response time may vary depending on the amount of research required. Please do not reply to this E-Mail. Use for your feedback our page: www.swiss.com/contacts We thank you for your understanding. Yours sincerely, Swiss International Air Lines Ltd. Let's unpack the sheer hostility of this: "thank you for your message" = we care so little we couldn't be bothered to add a capital letter "as soon as possible" = nor do we have enough staff to answer today "Please do not reply to this E-Mail" = we can't even be bothered to install a smart ticketing system Really it would be better not to send me an auto-response at all - just get back to me when a human is ready. Let's compare that with an email I get from TransferWise, which was my good experience of the day. At first glance, this looks like an automated response, but then I realise it's signed by a real person - and they actually want me to reply to the email. TransferWise are having to deal with genuinely onerous FCA anti-money laundering rules - and offering a helpful way to get around it. Really listen to the customer The Swiss conversation goes downhill from there. OK, I'm a bit smart Alec about the transaction fee - but it's a well known scam. On 24 Feb 2016, at 05:51, contactus@swiss.com wrote: Dear Mr. Upton, Thank you for writing to us with regards to your query and we apologizes for the inconvenience caused. We would like to inform you that GBP4.50 is the fee charged directly from the bank/bank fee. Therefore, we cannot grant a refund with regards to the above mentioned fees. We trust the above information will be of assistance and are available to assist you with any further questions at any time. Thank you for choosing SWISS and we wish you a pleasant day further. Kind regards, Miriama Consultant Customer Travel Services / R1S ----- From: Edward Upton [mailto:edward@edwardupton.com] Dear Miriama, That is absolutely untrue. MasterCard charges you 0.3% for the transaction, which in this case is 51p https://www.mastercard.us/en-us/about-mastercard/what-we-do/interchange.html So please can you refund me GBP 4? regards, Edward Upton ----- From: contactus@swiss.com Dear Mr. Upton, Thank you for writing to us. We have reviewed your request regarding your reservation. Please note that in regards to your request we will not be able ot refund the OPC. Please note this (GBP4.50) is a charge placed by the credit card company and it applies as per the point of commencement of your ticket. We hope this information is useful. Please do let us know if you need additional information. Thank you for choosing SWISS. Kind Regards, Alexander Consultant Customer Travel Services / R1S This feels like someone has cut and pasted from a standard response list. It's robotic. And given that the original issue was actually about their website being broken, there is a total lack of empathy for the issue - just some 'apologizes' (sic). Offer further advice Often companies have to say no to refunds and extra requests, but at least be gracious. And sometimes the company can offer you something that benefits both parties: a guide to how to avoid needing to email in the future. Here is the exemplary reply from Transferwise Hi Edward, I hope you’re doing well! Thank you for getting back to us, and confirming that we can change the name on the payment ###### to your personal. I shall quickly pass this on to my colleagues, who are able to make the change and proceed with the transfer. As soon as the payment is sent out from our end, we shall send you a confirmation e-mail, like always. All you need to do is check your inbox every now and then.:) Just in case, I will explain how you can choose to use both your personal and business profiles on TransferWise. Once you log in to your TransferWise account, on the upper right corner you should see a logo (like a man in a circle). When you click on the logo, you should see: Use as Edward Upton Use as Littledata Consulting Ltd Therefore, if you want to set up a personal payment, and you’re planning to send money from your personal bank account, please make sure that “Use as Edward Upton” is ticked. And if you’re planning to make a business payment and send money from your business bank account, please make sure to choose the second option. If anything was left unclear or you would need help with something else, please don’t hesitate to get back to us. We are always happy if we can help! I hope you have a lovely day, Eliisa, TransferWise Support Which company do you think I'll recommend in the future? Comment below!

2016-02-25

New in Littledata: better reports, customisation, and more

We’ve just released a bunch of improvements for Littledata software to improve your data analysis and reporting. Grab yourself a cuppa and read on to learn what’s new, including the ability to choose which reports you want to get, updated spam filter, and more. Settings improvements We want to give you more control over your subscription so we've added further customisation options to your settings. Update subscription name You can now update your subscription name to be something more descriptive than the default property name we select. If you have multiple views for the same website or a very long property name, you can change the name to something more snappy and understandable. Select which reports you want So far you've been getting a set of standard reports without being able to pick which reports are important for you. That's changing! You can now select the metrics and segments you care about and want to get reports on, and turn off the ones you don't. You can do this by going to your subscription settings, and updating the Metrics & Segments sections. Report improvements We believe that analytics reporting should be simple, clear and unpolluted with unnecessary details so we've made your reports easier to understand. Simpler report titles With a lot of changes to the website traffic, the interface can get quite busy with numerous reports trying to get your attention. We made the titles much simpler by focussing on the main change that the reports are about, thus allowing you to skim your reports and see what's happened more quickly. Time tag Our trends reports look currently for daily and weekly changes in your website traffic, and previously you had to rely on the report title to see which time comparison the specific report is for. To make it clearer, we have taken this information out of the titles and added time tags instead. Now you can quickly see which reports are daily or weekly comparisons. Don't let spam referrals skew your data I have previously written a guide on how to remove spam referrals and I know from experience it can be time consuming and frustrating to set up. You have to identify these spammers in your data first, then check other more common ones to add to the list, write a regular expression, then create one filter, then another and so on. Did I say it can be frustrating? Our spam correction feature takes the exasperation out of this process by adding filters to your analytics view once you authorise the fix. Whilst we've had this feature for some time now and it's as popular as ever, we have updated the list with many more spam referrals. We'll send you a tip report if we find fake referrals in your traffic, and you can clean up your data by clicking on 'Fix this now'.   Feel free to ask questions or send us your comments either below or via the Intercom Messenger available when you're logged in.   Further reading: Under the hood of Littledata New in Littledata: tailored tips, new report and more (

2016-02-24

How to trust your Google Analytics data setup

Google Analytics is a powerful tool… when implemented correctly. I can’t even count the number of times we've had enquiries from and spoken to companies who don’t trust the data in their reports because it's incorrect or incomplete. And it all comes down to wrong configuration and setup. Checking and amending correctly the very basics of your analytics setup will provide you with data you can rely on and an accurate foundation for further more advanced configurations, like Enhanced Ecommerce tracking. So here's a list of questions you should be asking whilst checking your Google Analytics (GA) property and view settings. This is assuming you're on Universal Analytics (analytics.js) so not all setup options may apply if your site is on Classic analytics (ga.js). I'll also cover a few common setup issues at the end. GA property settings Go to Admin > Property > Property Settings. Is your default URL set up correctly? The default URL is used in Content and in-Page Analytics reports to display page previews. Do you have a correct default view picked? By default, this will be the first view created at the time of initial GA setup. If you're using AdWords Express or Google Play, then you want to check the view here is the one you want to connect to either of the services. The default view will also show you all the custom and advanced segments you've created in other views. Have you set your industry category? Pick whatever matches your property most closely if you want to be included in the benchmark reports. Have you enabled demographics reports? Demographics and interests reports give you additional insight into your users. Recently I explained how to set this up in Google Analytics and Google Tag Manager V2. Do you need enhanced link attribution? Enable this if you have pages with multiple links that take people to the same destination or a page element that has multiple destinations, eg internal search. This will help with identifying which particular elements or links were clicked. In addition to enabling this in the property settings, you also need to add a line of code to your GA tracking code, or, if using GTM, toggle Enhanced Link Attribution to true in your pageview tag under Advanced Configuration settings. Should you link with your Search Console? Link your Search Console site with your Google Analytics property to see Search Console data in your GA reports, and access GA reports directly from the Links to your site and Sitelinks sections in Search Console. GA view settings Property settings sorted? Great, now go to View > View Settings. Is your view name descriptive? Use easy to understand naming to describe what the view is for, eg excluding admin, domains included, ecommerce data only. Have you set your default URL? Similarly to the property settings, make sure you use the correct default URL here to improve your Content and in-Page Analytics reports. Have you set a correct time zone? The beginning and end of each day for your reports is calculated based on the time zone you have set. If you need to update this, you may see a flat spike in your data caused by the time shift. Do you need a default page? Setting a default page is useful when you have two separate URLs loading the same homepage. Here you can configure those pages to be considered as the same URL. This will affect your reports so make sure you do this correctly Should you exclude URL query parameters? Specify any parameters you don’t want to see in your reports. I've found a blog post from Lunametrics useful for understanding when and how to exclude URL query parameters. Is your currency correct? Especially relevant for sites with ecommerce tracking for making sure that the reports show your order values and revenues in the currency you operate in, and not in $ that it converts to by default. Have you ticked bot filtering option? Whilst this option doesn't help with eliminating all of the spam referrals, ticking this box will exclude at least a few of them. To get rid of all of your fake referrals, here's a thorough guide on how to exclude them with two filters. Get yourself a cuppa if you're going to clean up your data. Does your website have a search function? Enabling the site search is useful for understanding what your website visitors are looking for. It should be pretty painless to set up if you have a query included in the URL, and we've covered the steps to set up internal site search tracking in one of our blogs. Other common setup issues Here are also a few very common setup problems that I keep coming across again and again. Have you got an unfiltered view? It's good practice to have an unfiltered view that you keep clean from any filters and customisation. This way you can always double-check your data if anything goes wrong in another view. Is your bounce rate less than 10% whilst your pageviews have doubled? This may be happening due to pageviews firing multiple times. You can use Tag Assistant plugin for Chrome to check if that's true. Are you getting referrals from your own domain and your payment gateway? This is skewing your data so checkpoints 3 and 4 on how to exclude referrals from your domain and payment provider. Tracking multiple subdomains in the same view? By default, you see only request URI in your reports without a domain, which isn't very helpful if you are tracking more than one domain in the same GA view. You can improve this by adding a hostname to URLs with a custom filter. Check Google's guidance for how to do it. Are you filtering out internal traffic? To minimise your data being skewed by internal colleagues or partner companies you may be working with, exclude their IPs with the help of filters. Are you on top of website traffic changes? OK, so this one isn't quite about the problem with the setup but if data has an important role in your business, you can make your analysis more efficient. Google provides you with the ability to set up alerts for important changes in your data, but our software does the work for you. Instead of trawling your data for hours or spending further time on configurations, you can set up alerts and personalised reports within minutes.   Have you experienced other setup problems that aren't covered above? Let me know and I'll include them. Image Credit: Images courtesy of vectorolie and ratch0013 at FreeDigitalPhotos.net

2016-02-18

How to create a strategic marketing plan

You know marketing is essential but have you specified what makes you different and unique, your objectives and how you are going to achieve them? Recently I went to a workshop, organised by Innovate UK and Enterprise Europe Network, to do just that: learn about achieving business goals by using strategic marketing. Strategic marketing is essentially a structured plan that helps you achieve competitive advantage or other business goals through a set of defined activities that are most appropriate for your aims. We were taken through a number of exercises that helped us define how we position ourselves and what we are trying to accomplish, whilst aligning the marketing efforts and tactics with overall business goals. It was especially useful to bounce my ideas off others so if you’re going through similar exercises, I recommend you do the same. It really helps to sense-check your thoughts and how you describe your business with someone outside your company. Below I'll go through my top takeaways and methods that I found most useful when devising a strategic marketing plan. Define the purpose/mission of your business Think about what you are trying to achieve as a business – is it clear or does it need further refining? Why are your services and products needed or wanted, and who are your customers? If you have a clear purpose or a definition of what you’re trying to achieve, it will help you plan your marketing activities and inform other business activities. Having an easy to understand idea of your purpose also helps guide your resources and avoid spreading them too thinly, which is especially valuable if you’re a small business where resources are limited. Define your value proposition A value proposition is what you promise to deliver to your customers through your services or products. Here you need to think what makes you unique, better or different from your competitors. If you struggle to offer a reason why your offering is more valuable than your competitors, then you may get stuck competing on price only. I found the Geoffrey Moore’s model particularly useful for defining the value proposition. It goes like this: The  ____________ (product name) Is a ____________ (product category) for ____________ (users/customer segment) who ____________  (statement of desire/problem) that ____________  (compelling reason to use) unlike ____________  (the next best alternative) allows ____________  (the main difference). And here’s an example we were given: The iPod is a portable music player for music lovers who want to listen to their music anywhere, anytime unlike portable cd players or 
MP3s with less storage the iPod allows easy access to all your music Define your marketing goals We used SMART method to define 3-5 marketing goals for the next 12 months. Being specific about the number of goals you’re trying to achieve within a year helps to focus on specific outcomes you’re trying to achieve. It also helps to measure your success after 12 months or another timeframe you set for yourself. Specific - clearly defined 
and specific goal rather than a generic and vague one, eg increase signups Measurable 
 - quantifiable goal, eg how much or how many Achievable – realistic to complete within a set timeframe, eg a few months Relevant to you and your customers 
- choose what matters or matches needs Time-bound - that you have the time, money & resources to achieve your goals within a specific timeframe Define your segmentation, targeting and positioning Segmentation is an activity where you divide the broad market into specific customer segments by their common characteristics, and devise your tactics around targeting each segment. A few ways you could segment your customers are demographics, geography, psychographics, lifestyle, behaviour, etc. Once you have a clear idea of different customer groups, you will be better placed to pick the most attractive or suitable segment to target. When selecting your target segment, see if there are segments that are the easiest, cheapest or quickest to reach, whilst being realistic about your capabilities and resources to target those segments. Positioning your business gives you a distinct image of your benefit(s) to the target audience that you are going to communicate. If you have a number of segments you can target, then define your positioning for each segment. Same applies to the Geoffrey Moore’s value proposition model – write it out for each customer segment. Define your marketing tactics Once you have a clear idea of the customer segment(s) you’re targeting, why they would use your services or products, and what you’re going to communicate to them, you can pick specific marketing tactics that are going to help you do that. Some examples of tactics are producing ebooks, using online ads like PPC, sharing data findings via blog, and organising webinars. If you need inspiration or ideas, there are plenty of resources online when you search for marketing tactics, marketing strategies, growth tactics and similar. Define your marketing KPIs Decide on a set of metrics that you are going to use to measure the success of your marketing efforts. By having the right KPIs, you can evaluate if you’re on track towards your goals, and adjust your activities if necessary. To give you a few examples of what you could measure: Cost per lead or enquiry Average order value Landing page conversion rate Customer lifetime value Impressions / clicks / visits I hope this has helped you to start thinking about defining your business and marketing activities more strategically and in line with the over-all goals. There are lots of great templates online that you can use to assist with outlining your plan - for example, check out Smart Insights resources bank that has lots of useful PDFs for marketing planning and more. If you'd like to discuss further, comment below!

2016-02-10

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