Web Analytics and Optimization Consulting Services
These days it's all about making smart business decisions to stay on top of your competition. Having a complete understanding of your business data and the information you can get out of that data is key to keeping costs low, revenue high, and really understanding your customers. SocketAnalytics has over 20 years experience in the digital analytics and optimization space. We provide our clients with the experience of consulting for companies ranging from international airlines to the world’s largest e-commerce websites.
PLATFORMS
The SocketAnalytics consulting team has several years of experience working with top tier analytics and optimization platforms. We have provided strategic direction on implementing and utilizing these platforms to drive our client's businesses forward. Our supported list of platforms includes but is not limited to:
SERVICES
Audit/Consult Analytics Implementation
Provide best practices for implementing Google Analytics, Omniture, Webtrends, CoreMetrics. Set up custom reports for ongoing analytical consulting.
AB/MVT Experiment Generation
Review all available data (quantitative and qualitative) and business priorities to make recommendations on short and long term experiments.
Testing Process Audit
Review client's internal team structure and the current process for getting AB/MVT experiments to market. Increase process efficiency to launch experiments quicker. Perform process mapping to achieve highest efficiency possible and continue ongoing audits of the process to ensure efficiency is maintained.
AB/MVT Training
Train internal resources to use major testing platforms and provide industry best practices for executing AB/MVT experiments.
Analytics Process Audit
Review internal team structure and current process for performing analysis for business and marketing questions. Increase the efficiency to reduce the amount of time it takes to perform an analysis. Perform process mapping to achieve highest efficiency possible and continue ongoing audits of the process to ensure efficiency is maintained.
Running AB/MVT Experiments
Primary resource for running all AB/MVT experiments
including project managing, coding, analyzing, and presenting results.
CASE STUDIES
Checkout Funnel Length Experiment
SocketAnalytics helped an online magazine company test out the length of the subscription funnel. The client felt that the checkout funnel was acting as a barrier for visitors to purchase a subscription. SocketAnalytics Consulting determined that a 3-step funnel was the most effective. A 5-step funnel was the original and 1, 2, and 3-step funnels were tested. The ideal layout clearly presented the required form fields and helped provided additional copy to alleviate customers concerns around security and the return policy.
Paywall Experiment
SocketAnalytics Consulting helped the same online magazine company increase their paywall clickthru by 20% and subscription conversions by 5%. SocketAnalytics Consulting recommended the client deploy a survey and gather insight into why customers enjoyed coming to the clients website. Using data that the client had obtained through these surveys SocketConsult recommended new messaging and imagery to test on the pay wall that centered around various value propositions that customers had communicated.
Subscription Pricing
SocketAnalytics Consulting helped another online media company experiment with subscription pricing. SocketConsult recommended to throttle the experiment traffic to 10% of the total traffic so as to minimize exposure to the various price points. After performing a revenue analysis it was determined that the magazine company could charge an extra $3 for a subscription while only suffering a decrease in conversions by 2%. After determining that the increase in subscription priicing more than covered the decrease in subscriptions the company decided to roll out the new pricing to 100% of their traffic.
TEAM
David Torchiano Analytics and Optimization Strategist
Josh Arak Analytics and Optimization Technical Strategist
Michael D'Auria Analytics and Optimization Engineer
Michael Montero Data Scientist
CONTACT
SocketAnalyics is located in Union Square, NYC
We're here to answer any of your analytics and optimization questions, so don't hesitate to reach out to us if you need some assistance.