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首页优化电商策略:利用数据分析提升业务效益
《电子商务分析:优化数字战略的影响力》是一本专为电商行业高管、策略家、企业家、营销人员、分析师和数据科学家打造的权威指南。作者Judah Phillips以其丰富的大型数据分析项目经验,深入浅出地阐述了如何利用数据分析来提升电商营销和广告效果,洞察消费者行为,提高转化率,增强客户忠诚度,优化商品陈列和产品组合,简化交易流程,以及精准地追踪销售归因。 这本书的重要性在于它帮助读者系统地解决在电商运营中面临的独特问题,将海量数据转化为更明智的决策和优质的客户体验。首先,书中强调了运用分析来提问并解答业务关键问题的重要性,这在当今快速变化的数据环境中尤其关键。例如,通过解决购物车放弃率、多渠道流量分配以及客户终身价值等问题,企业能够打破转化率停滞的困境,实现业绩增长。 著名企业家和前Omniture首席执行官Josh James高度评价该书,认为它是电商专业人士必备的工具,可以帮助优化在线表现。同样,数字化营销专家Avinash Kaushik指出,对于电商公司的分析师或营销人员来说,《电子商务分析》提供了实用且易于理解的指导,使他们能更好地量化和优化数字营销活动的影响。 书中不仅关注技术层面,还涵盖了建立成功的分析团队、设计有价值的仪表板和可视化呈现、以及管理数据治理、安全和隐私等战略层面的问题。这确保了企业在享受数据带来的巨大机会时,能够妥善处理数据相关挑战,从而在激烈的电商竞争中取得优势。 《电子商务分析》是一本实用且全面的资源,无论是寻求提升电商业绩的决策者,还是希望在数据分析领域深化专业知识的从业者,都能从中获得宝贵的知识和洞见,助力企业在这个数字化时代赢得市场份额。
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ABOUT THE AUTHOR xv
About the Author
Judah Phillips helps companies create value with analytics
and data science by improving business performance. Judah has led
analytics and data science teams for Fortune 500 companies and has
improved their financial performance through the applied analysis of
data, the management of analytical and technical resources, and the
alignment and optimization of analytics strategy against short-term
roadmaps and long-term strategic visions. Judah strongly believes
that cutting-edge technology is critical and necessary but often
becomes technical overhead unless strategy is aligned with excellence
in organizational development, operational management, and
delivery execution that is solidly tied to impacting material financial
goals. Judah has worked for or been hired as a consultant by Internet
companies, media companies, consumer product companies, financial
services firms, and various types of agencies.
• He is the sole author of three books on analytics, including
Ecommerce Analytics, Building a Digital Analytics Organiza-
tion, and Digital Analytics Primer. Judah has also authored
chapters, edited, or contributed to the development of other
books: Measuring the Digital World, Advanced Business Ana-
lytics, Sales and Marketing Analytics, Digital Is Changing
Everything, The Complete Guide to B2B Marketing, and Multi-
channel Marketing Metrics.
• He served on various boards of or advised established and
start-up technology companies, including global leaders in digi-
tal analytics, mobile analytics, ecommerce, mobile apps, and
advertising technology.
• He is an Adjunct Professor at Babson College and has guest
lectured on analytics and data science at the business schools
for New York University, Boston College, Northeastern
University, and others.
• He is the former V.I.P. at Harvard Innovation Lab, where he
advised Harvard start-ups about analytics and data science.
xvi ECOMMERCE ANALYTICS
• He has spoken at more than 70 technology and industry confer-
ences since 2006.
Judah holds a master of science in finance and a master of
business administration from Northeastern University and a B.A.
from the University of Massachusetts Amherst.
1
1
Ecommerce Analytics Creates Business
Value and Drives Business Growth
The global ecommerce market is expected to grow at a com-
pounded annual growth rate of 17% from $1.3 trillion in 2014 to $2.5
trillion by the end of 2018. In the United States in the third quarter
of 2015, ecommerce generated $87.5 billion and accounted for 7.4%
of all retail sales (Rogers 2015). Ecommerce has been growing annu-
ally on average between 14% and 15% quarterly since 2014, while
retail growth has remained less than 3%. comScore estimated that
U.S. consumers spent more than $57 billion online from November
1 through December 31, 2015, up 6% from 2014. On Cyber Mon-
day, U.S. consumers spent more than $2 billion online (comScore
2016). Alibaba, in China, reported more than $14.92 billion in “goods
transacted” on one popular shopping day (Denale 2015). Amazon’s
Q3 2015 ecommerce revenue grew 23% from 2014 to more than $25
billion (SEC 2015). Frost and Sullivan predict that by 2020, the busi-
ness to consumer (B2C) ecommerce market will be $3.2 trillion and
the business to business (B2B) ecommerce market nearly twice as
large at $6.7 trillion. Nearly $10 trillion in ecommerce revenue will
occur by 2020. Globally, the United State and China are the largest
ecommerce markets, accounting for more than 55% of ecommerce
sales in 2015. eMarketer estimates that by 2018, China’s ecommerce
marketing annually will be more than $1 trillion, with the U.S. likely
reaching $500 billion, followed by the U.K. at $124 billion and Japan
at $106 billion (Rogers 2015). Clearly, huge amounts of goods and
services are being transacted between businesses to consumers and
between businesses and other businesses globally.
2 ECOMMERCE ANALYTICS
Ecommerce analysis will continue to be an important activity for
generating such growth and new levels of revenue. Puma generated
a 7% conversion lift using analytics. PBS increased conversions and
visits by 30% using analytics to track customer events in the funnel.
WBC cited a 12% boost in conversion rate through customer segmen-
tation. Watchfinder claimed a 1,300x increase in ROI remarketing
based on analytics. Marketo claims a 10x higher conversion rate for
personalized campaigns using analytics. BT used conversion testing to
increase form completions by more than 60%. Amari Hotels increased
online bookings and sales by 44% by using analytics to optimize online
advertising (Google 2015). Companies that do ecommerce analysis
increase their business performance.
Ecommerce is transacted on pure-play B2C ecommerce sites
that have no physical storefront, such as Zulily, eBags, and Wayfair,
and by omnichannel B2C retailers, such as Walmart and Staples, that
have physical stores. Even pure-play ecommerce sites, like Amazon
and Warby Parker, are opening stores. As a result, existing companies
that already sell goods and services are now selling online and vice-
versa. New companies are almost required by the market to have an
online presence. Although some companies that sell physical prod-
ucts use an online presence only for branding to drive offline sales,
that’s increasingly rare. Even luxury brands are selling their goods
directly to consumers on retail sites. B2B ecommerce is even larger
than B2C ecommerce. Major global companies execute ecommerce,
such as Ford, GM, Coca-Cola, Chevron, IBM, General Mills, Kraft
Heinz, ExxonMobil, General Electric, and Microsoft. The largest 300
B2B ecommerce companies were projected by eMarketer to grow
13.3% this year to $547 billion (from $483 billion in 2014)—figures
that easily eclipse the U.S. B2C ecommerce market.
Ecommerce isn’t just about the site anymore. The most popu-
lar ecommerce sites have a mobile experience, whether mobile web
or mobile app. 30% of U.S. ecommerce sales in 2015 were gener-
ated on a mobile device (Brohan 2015). Many ecommerce sites also
have physical stores. And in the future, ecommerce will be embed-
ded into “things” and pervasive in Internet-connected devices—with
mobile payments just a touch away both online and in-store. Internet
Retailer predicts that in 2015 the U.S. mobile commerce sales will
total $104.05 billion, which is up 38.7% from $75.03 billion in 2014.
CHAPTER 1 • ECOMMERCE ANALYTICS CREATES BUSINESS VALUE 3
AND DRIVES BUSINESS GROWTH
They estimate that mobile commerce in 2015 will grow 2.58 times
faster than desktop ecommerce sales, which they predict will grow
15% this year to an estimated $350.64 billion globally. Note that 30%
of mobile customers leave an ecommerce site when it is not optimized
for mobile (Dorian 2015).
Ecommerce is an extremely competitive space. It takes huge
amounts of capital to even try to compete with the major ecommerce
players. This competition can create razor-thin margins or revenue
that can be driven primarily through discounting. Ecommerce can be
considered a zero-sum game. Thus companies are competing by cre-
ating digital experiences that enable a person to quickly and easily find
and buy. Whether on a desktop, tablet, or mobile device, the compa-
nies that are winning in ecommerce make it easy and frictionless to
find the product or service desired, understand how it fits the need,
and buy it. Then these sites can compel their customers to come back
again and again to buy more online and in-store. To do so, ecommerce
companies use marketing and advertising that is tightly coupled with a
user experience that ladders up to a prospect or customer’s notion of
the brand and works to meet their intent. People come to ecommerce
experiences with certain goals in mind: to learn more about a product
by reading product information and social reviews, to compare prices
and promotions, and to purchase products. Ecommerce sites that win
at this zero-sum game can match that intent to a product and create
commerce.
Leading ecommerce companies use data and analytics to com-
pete—and they use a lot of different data to do so. Data is collected
and analyzed about who visits an ecommerce site, when they visit,
what pages they view, and what site or source they came from (the
referrer or marketing channel). Other information is also collected
about user behavior, such as user interactions and events on the site,
data related to products viewed, promotions used, pages visited, time
spent, the different paths and clickstreams on the site, the queries
entered in search, and many other data points, such as the order
value, the price of products, the shipping method used, and the pay-
ment information. Customer data may be captured or inferred, such
as who the customers are or could be, where they live, what they like
and their preferences or propensities, what they’ve bought, and other
demographic and psychographic information.
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