ThinkerMetrics: 100% Intro to analytics

User metrics for apps of any kind, I discuss the metrics you'll see in the financial news, the ratio, what business fit, and other options to empower your organization.

The business model for media sites, inventory. The customer lifetime value vs a high cost per click and even cost per call.

What real life pressure will face you in a corporate environment on whether you should test or just make changes. You can choose to test or not to test. What will you do?

E-commerce conversion rates, the sales Funnel, site pathing, abandon carts, industry benchmarks for typical conversion rates.

In this episode we discuss the Pirate Metrics Sales Funnel marketing framework about where the user is in the customer journey and the Lean Analytics framework where we ask two questions: what type of business are you in? And what stage of growth are you at? With these you can narrow down data overwhelm to a key focus. What is your one metric that matters right now?

What metrics really matter? What makes a metric a good one? What value can we offer as analytics are automated? This episode is a quick review of https://seths.blog/2012/05/avoiding-false-metrics/ and chapter 2 of Lean Analytics https://www.oreilly.com/library/view/lean-analytics/9781449335687/