New York City is always amazing, even if it’s full of Yankees fans (go Red Sox!). Pitching always beats hitting, btw. And I’m looking forward to my Green Monster seats versus the Tigers the Monday after Emetrics.
NYC Gotham is just so full of diversity, life, and energy, I just can’t help staying out really late and soaking it all in. Where else can you see a public installation of an Alexander Calder mobile and then walk down the street to check out a Hans Hoffman mural? Did your know the New York Public Library has the original manuscript for T.S. Eliot’s The Wasteland? And they let your look at it (if you are persistent and just keep asking for years). The original title, before Ezra Poundcrafted it, was “We do the police in different voices.” Ahhh, that helps understanding, ay?
So I was in and out of the world’s Great Metropolis for a whirlwind evening and day, thanks to an invitation to speak with the smart folks at ClickZ and Incisive Media.
Rebecca Lieb, EIC at ClickZ, impaneled me with the master of monetization, Jason Burby, and the savvy applier of insights, Neil Mason, to present on “Non-Transactional Analytics.” Y’know the kind when you don’t really sell stuff, and instead produce content and/or sites that are informational and navigational.
Neil riffed on context and the strategic approach to non-transactional analytics. Jason riffed on what I’ll call “monetization modeling.” Both had some brilliant thoughts and imparted actionable knowledge to an audience hungry for knowledge about metrics. I’m certainly looking forward to Jason’s forthcoming book, and reading Neil’s next column.
Me? We’ll I was nicely sandwiched in the middle, and presented a tactical, seven-phase methodology for “non-transactional analytics.” The process has measurement endemic throughout and is iterative and recursive (self-referential). Here it is:
- Phase 1: Identify
- Phase 2: Discover
- Phase 3: Understand
- Phase 4: Segment
- Phase 5: Create/Optimize
- Phase 6: Test
- Phase 7: Validate
In Phase 1, the analyst identifies:
- Internet ecosystem
- Tools
- Processes impacted
- Goals:
- As I like to say “a metric/KPI has meaning in position and relation to a goal (the signified).”
- Revenue and contribution
- Impact on value chain

In Phase 2: Discover, the analyst discovers:

In Phase 3: Understand, the analyst reconciles:
- Origin of the traffic
- Sequences of events that generate value
- On-site success events
- Visitor population and how it responds to:
- Recency – how recent is the content for the site’s audience?
- Frequency – how frequent are visitors visiting?
- Monetary– what’s the monetization impact? Jason Burby will know.
- Engagement – I refer to my esteemed friend, Eric Peterson.
- Attention – Stephane Hamel has some excellent thoughts on Davenport’s Attention economy.
- Currency – How current is the content to your audience?
- Relevancy – How relevant is the content to your audience?
In Phase 4: Segment, the analyst segments by:
- Behavior
- Demographics
- Referrers
- Time-based metrics
- Event orientation
- Psychographics
- Topographics

In Phase 5: Create/Optimize, the analyst should work with his geeks and other gurus to create and optimize:
- New dimensions
- Groupings
- Filters
- Content types
- Audience development strategies
- Metadata
- Self-describing naming conventions

In Phase 6: Test, you guessed it, the analyst tests using:
- The usual suspects:
- Multivariate testing
- AB
- Split
- The unusual suspects

In Phase 7: Validate, the analyst watches the numbers:
- Key metrics from your data collection methods
- Surveying (in context)
- Audience panel data (in context)
- Backtesting:
- Comparative reporting
- AB reporting
- Counting the money

Then, you just keep on rinsing, lathering, and repeating across your business processes:
- Identifying goals
- Discovering new data/ideas
- Understanding online behavior
- Segmenting the data
- Creating new content and/or optimizing the delivery of existing content
- Testing hypotheses
- Validating your strategies to your goals
So there it is a simple model for “doing web analytics” for non-transactional sites.
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