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a KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

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Page 1: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

a KPI and a MetricThe difference between

Presented by:

Dennis R. MortensenCOO - IndexTools, Inc.

Blog:VisualRevenue.com/blog

Page 2: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

Qualifies as a Key Performance Indicator?How does one decide if a Metric

an excellent online marketing KPI?..and if so, what are the characteristics of

Page 3: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

wrongUnderstand that

using KPI and Metric interchangeable is

Page 4: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

...a KPI is a Metric but a Metric is not necessarily a KPI !

Page 5: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

Why?is this important

Page 6: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

without real KPI’s an organisation will not perform to its maximum

Page 7: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

- this is in particularly truefor businesses where online performance is

a vehicle for success!

Page 8: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

AND

Page 9: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

will create more harm than helpdeveloping the wrong KPI

Page 10: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

?How do I concludeKPI criteria

Page 11: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

7You look for the following

KPI characteristics

Page 12: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

a KPI echoes organizational goals1

Page 13: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

a KPI is decided by management2

Page 14: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

a KPI provides context3

Page 15: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

a KPI creates meaning on all organizational levels4

Page 16: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

a KPI is based on legitimate data5

Page 17: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

a KPI is easy to understand6

Page 18: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

a KPI leads to action!7

Page 19: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

SUPER!online marketing KPI examples please

Page 20: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

It is never about financial metricsFirst,

They represent the results of driving a good KPI

Page 21: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

Ad CTR(for online media and content websites)

KPI

Page 22: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

Cost Per New Subscriber(for online media and content websites)

KPI

Page 23: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

Web Customer Interactions(for online self service websites)

KPI

Page 24: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

Look-To-Book Ratio(for online travel and hospitality websites)

KPI

Page 25: A KPI and a Metric The difference between Presented by: Dennis R. Mortensen COO - IndexTools, Inc. Blog: VisualRevenue.com/blog

Want to know more about

VisualRevenue.com/blog

Analytics and Marketing?