So welcome to the eCommerce podcast with
Matt Edmundson:me, your host, Matt Edmundson.
Matt Edmundson:This is a show helping you deliver e-commerce.
Matt Edmundson:Wow.
Matt Edmundson:That's what we want to do.
Matt Edmundson:That's why we are here.
Matt Edmundson:I am here to learn about e-commerce.
Matt Edmundson:As much as you are, and we're gonna be talking to
Matt Edmundson:the wonderful Jeff Sauer today, uh, about how we,
Matt Edmundson:how we do all kinds of weird and wonderful things to help
Matt Edmundson:grow our e-com business.
Matt Edmundson:But before we get into that, lemme give a shout out to you.
Matt Edmundson:If this is your first time with us, lemme, there we go.
Matt Edmundson:Sorry.
Matt Edmundson:It's just in my seat.
Matt Edmundson:Uh, shout out if this is your first time with us.
Matt Edmundson:It's great that you are here.
Matt Edmundson:Hope you like the show.
Matt Edmundson:Hope you get a lot out of it.
Matt Edmundson:Uh, and if you are like me, you run your own e-com businesses.
Matt Edmundson:I would genuinely love to hear from you.
Matt Edmundson:Come check me out on social media.
Matt Edmundson:You can find me on LinkedIn to search for Matt Edmondson.
Matt Edmundson:Uh, and I will be there.
Matt Edmundson:The link will be in the show notes, uh, which is
Matt Edmundson:usually on your podcast app.
Matt Edmundson:But come find me, come say hello, tell me your story.
Matt Edmundson:We are doing this thing, uh, where we are actively now
Matt Edmundson:seeking more founders to come on the show and tell their stories.
Matt Edmundson:We've got quite a few lined up, which I'm very excited about.
Matt Edmundson:Um, but if you are a founder, if you run your own e-com.
Matt Edmundson:Business.
Matt Edmundson:You know, you've got your own store, whether you are running
Matt Edmundson:it as a part-time side hustle, whether this is your full-time
Matt Edmundson:gig, whether you've turned over a hundred grand, whether
Matt Edmundson:you've turned over 10 million, I would love to talk to you.
Matt Edmundson:Would love to find out your story, and if you're up for it,
Matt Edmundson:come share it on the podcast.
Matt Edmundson:I promise.
Matt Edmundson:I'll be kind.
Matt Edmundson:I'm always kind as you know, if you're a regular to the show.
Matt Edmundson:Um, but it would be genuinely great to hear from you.
Matt Edmundson:So do get in touch.
Matt Edmundson:Come find me on LinkedIn or you can reach out to me through the
Matt Edmundson:website eCommerce podcast.net.
Matt Edmundson:There's a little thing on there.
Matt Edmundson:Just fill that in, uh, and get in touch.
Matt Edmundson:We'd love to hear from you.
Matt Edmundson:So that's the plug over with.
Matt Edmundson:Let's talk about today's guest, uh, and jump into it, shall we?
Matt Edmundson:Jeff Sauer is the Data Whisperer, which I just,
Matt Edmundson:Jeff, I dunno if that's your general title, but
Matt Edmundson:actually I really like it.
Matt Edmundson:The Data Whisperer of Digital Marketing and Founder of
Matt Edmundson:Measure Holding Group, where he has transformed thousands.
Matt Edmundson:Of marketers into analytics ninjas through his
Matt Edmundson:training and consulting.
Matt Edmundson:So we're in the dojo today, ladies and gentlemen, when
Matt Edmundson:he's not jet setting around the world as a digital nomad.
Matt Edmundson:You can find this top 25 PPC expert spreading the gospel
Matt Edmundson:of data-driven marketing at major industry conferences,
Matt Edmundson:uh, helping businesses turn numbers into gold.
Matt Edmundson:That was a good intro that Jeff.
Matt Edmundson:I like that.
Matt Edmundson:How you doing?
Jeff Saucer:I love it.
Jeff Saucer:I've never been called a data whisperer.
Jeff Saucer:I, I'm not sure how my ninja skills are right now, but
Jeff Saucer:overall, I wanna get you all excited about, about this idea
Jeff Saucer:of measuring your measuring 'cause that is something I'm
Jeff Saucer:very passionate about and that is pretty much, I've dedicated
Jeff Saucer:my career to it because it was finally seeing the light.
Jeff Saucer:When everything seemed dark at one point in my career,
Jeff Saucer:uh, numbers got me out of it.
Jeff Saucer:And that might sound like the craziest thing you've
Jeff Saucer:ever heard, but hopefully by the end of this episode,
Jeff Saucer:we all feel the same way.
Jeff Saucer:We feel empowered to look at this stuff and turn it
Jeff Saucer:into a positive versus just something that doesn't make
Jeff Saucer:sense or intimidates you.
Matt Edmundson:I. Fantastic.
Matt Edmundson:I'm looking forward to the conversation because I think
Matt Edmundson:data's always interesting and analytics is always
Matt Edmundson:interesting, and I think for a lot of people, analytics is
Matt Edmundson:a little bit kind of black, artsy, um, and, and quite scary.
Matt Edmundson:So it'll be good to get into that, um, and start to
Matt Edmundson:understand it a little bit more.
Matt Edmundson:I think I, I, I remember hearing a quote, Jeff, and I don't
Matt Edmundson:know, I genuinely don't know if this is an attributable quote.
Matt Edmundson:Um.
Matt Edmundson:I should probably Google it and find out.
Matt Edmundson:Uh, I'm sure someone will let me know, but, um, but there's a, a
Matt Edmundson:quote that I've heard that goes, that says something like this.
Matt Edmundson:I think it was Einstein that said it.
Matt Edmundson:If I was given a problem, I would spend 95% of my
Matt Edmundson:time defining the problem and 5% on the solution.
Matt Edmundson:Now the percentage may have changed.
Matt Edmundson:It'll be different.
Matt Edmundson:There is this, this idea, I think of.
Matt Edmundson:When you are faced with a problem devoting a large amount
Matt Edmundson:of time to clearly understanding the problem and defining it
Matt Edmundson:gives you the majority of the solution that you need.
Matt Edmundson:And this is where, for me, data and analytics can actually be
Matt Edmundson:your friend, especially in the world of e-commerce, because we
Matt Edmundson:measure absolutely everything.
Matt Edmundson:Um, well, it seems we measure absolutely everything.
Matt Edmundson:Uh.
Matt Edmundson:So, yeah, I'm, I'm kind of curious with the whole thing.
Matt Edmundson:You said you've got a passion for it, you've
Matt Edmundson:gotta look for it.
Matt Edmundson:Was that just from birth?
Matt Edmundson:Was this as a result of some cosmic coincidence, or was
Matt Edmundson:it because actually something happened and you needed to start
Matt Edmundson:getting your head around data?
Jeff Saucer:Yeah, so I'll, I'll, I love the quote I, I,
Jeff Saucer:you made me, you're reminded me of one, if you have an hour
Jeff Saucer:to chop down a tree, spend 45 minutes sharpening your ax.
Jeff Saucer:Yeah,
Matt Edmundson:yeah.
Jeff Saucer:Similar, right?
Jeff Saucer:And that is, I
Matt Edmundson:think that was from the seven
Matt Edmundson:habits, wasn't it?
Matt Edmundson:The seven habits.
Matt Edmundson:Yeah.
Matt Edmundson:But yeah, so
Jeff Saucer:I mean, the, the concept is true though, right?
Jeff Saucer:Like the more strategy you have, the more you think about
Jeff Saucer:these things, the less mm-hmm.
Jeff Saucer:Of a technical problem, it becomes, yeah.
Jeff Saucer:Now the funny thing is, how I got into this thing was purely
Jeff Saucer:based on technical merit.
Jeff Saucer:Uh, so I graduated with a computer science degree.
Jeff Saucer:I thought I was just gonna be a computer
Jeff Saucer:programmer my whole life.
Jeff Saucer:Um, got into some debt and I had to make money and so I
Jeff Saucer:started becoming like a low end frontend website developer.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And just making websites for people 'cause I
Jeff Saucer:could do that and I.
Jeff Saucer:Was decent at it, but not great.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And, but it was paying the bills.
Jeff Saucer:And then finally I made a website for somebody who
Jeff Saucer:said, Hey Jeff, thanks for the website, but I don't
Jeff Saucer:really think it's, I'm not gonna pay you because I'm not
Jeff Saucer:making any money off of it.
Jeff Saucer:Oh, wow.
Jeff Saucer:Help me make money off this thing so I can pay
Jeff Saucer:you for the website.
Jeff Saucer:Yeah.
Jeff Saucer:And I was like, well, how do you do that?
Jeff Saucer:So I looked into things like paid it, paid ads.
Jeff Saucer:Mm-hmm.
Jeff Saucer:SEO.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Um.
Jeff Saucer:Finally arrived at this thing called stats, which
Jeff Saucer:eventually became analytics.
Jeff Saucer:And ultimately that was the only thing I could use
Jeff Saucer:that would help me figure out how to make this guy
Jeff Saucer:money in order to get paid.
Jeff Saucer:And so that this was, yeah, that was sort of the, the
Jeff Saucer:whole background was it, is that I couldn't, nothing
Jeff Saucer:else was accountable.
Jeff Saucer:The only thing that was accountable was
Jeff Saucer:looking at the numbers.
Jeff Saucer:I. Seeing what the numbers said and then using the
Jeff Saucer:numbers to leverage it so you could get more of the
Jeff Saucer:result you were looking for.
Jeff Saucer:Yeah.
Jeff Saucer:Basically saying, this is positive, this is, this
Jeff Saucer:is not working so well.
Jeff Saucer:Let's put all of our effort into this.
Jeff Saucer:Which, um, even though the Pareto principle has been around
Jeff Saucer:forever, the idea of 80 20, um, that was my first introduction
Jeff Saucer:to 80 20 being a real thing.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And being something that was.
Jeff Saucer:Shifting that, that actually could make money, right?
Jeff Saucer:Like you can read about something in math and that
Jeff Saucer:sounds cool, but when you're actually talking about somebody
Jeff Saucer:making money off their website because you 80 20 something,
Jeff Saucer:because you had the numbers to point it out, that was magical.
Jeff Saucer:And so it was the first time that I really felt accepted
Jeff Saucer:and that I belonged in that world because, um, I took
Jeff Saucer:this, this technical thing and turned it into something
Jeff Saucer:that made somebody money.
Jeff Saucer:And it turns out that I'm a lot better at making people money
Jeff Saucer:than I am at being technical.
Jeff Saucer:So, um, and so that's where I ended up finding a career.
Jeff Saucer:A career.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Let's just call that a career.
Jeff Saucer:And then there's been a lot of phases in the career.
Jeff Saucer:I'll, I'll love to get into those, but, um, that's sort
Jeff Saucer:of the genesis story of how I became a numbers guy.
Jeff Saucer:Um, even though, and, and I had the, you know, I, I had the
Jeff Saucer:education to become a numbers guy, but it was really in
Jeff Saucer:the field that got me there.
Matt Edmundson:So I, I'm curious, what, what, once you
Matt Edmundson:sort of started to get your head around the analytics for
Matt Edmundson:this guy that wasn't making any money, what did you
Matt Edmundson:learn and what did you do?
Matt Edmundson:How did you turn his side around?
Jeff Saucer:Yeah, I mean sometimes it's, it's like
Jeff Saucer:the most obvious solution is the answer, and that
Jeff Saucer:is ride the hot hand.
Jeff Saucer:Figure out what's working and then double down
Jeff Saucer:on it, do more of that.
Jeff Saucer:And this is any e-commerce store owner that's out there, anybody
Jeff Saucer:who's, who's got some kind of momentum, um, the data will tell
Jeff Saucer:you how you've succeeded in the past, and then you can do some
Jeff Saucer:kind of extrapolation to say, okay, I can go do more of this.
Jeff Saucer:Mm-hmm.
Jeff Saucer:The reality is that 80 20 is just like a never ending thing.
Jeff Saucer:It's everywhere around you at all times.
Jeff Saucer:And that is that most of the things you do aren't gonna work.
Jeff Saucer:You gotta grow a thick skin in order to understand that.
Jeff Saucer:And then the few things that do work.
Jeff Saucer:They work extremely well.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And they, they end up being your payback on payback
Jeff Saucer:on everything you do.
Jeff Saucer:So it could be a couple skews that perform well for you.
Jeff Saucer:Yeah.
Jeff Saucer:It could be any one of those things.
Jeff Saucer:That's usually how it is now.
Jeff Saucer:We all want things to be different.
Jeff Saucer:We all want it to be more sustainable.
Jeff Saucer:We want to have a portfolio play.
Jeff Saucer:We wanna hedge our bets.
Jeff Saucer:And there's, there's merit in doing that.
Jeff Saucer:But the reality is that it's still gonna be, uh, a handful
Jeff Saucer:of things that, that work really well and analytics just
Jeff Saucer:helps you get there faster.
Jeff Saucer:Um, and now we're getting better to the point where
Jeff Saucer:it can actually predict what's gonna happen.
Jeff Saucer:It can predict behaviors.
Jeff Saucer:There's all kinds of things that are happening where if
Jeff Saucer:you feed the data into these.
Jeff Saucer:Um, machine learning algorithms into this,
Jeff Saucer:into the big data Yeah.
Jeff Saucer:Pipeline, into meta's algorithms, into, you know,
Jeff Saucer:into their, their systems, into Google systems.
Jeff Saucer:It's ultimately, they're, they're gonna use all the
Jeff Saucer:power to find 80 twenties that you never even dreamed of.
Jeff Saucer:Yeah.
Jeff Saucer:That, to find the things that are working and that's, that's
Jeff Saucer:ultimately how the entire ecosystem works of advertising
Jeff Saucer:and, and analytics now, is that you are constantly feeding
Jeff Saucer:your results and then they're constantly trying to get you
Jeff Saucer:more of the same results.
Matt Edmundson:Yeah, that's a fair point.
Matt Edmundson:It, and, and it's, I I think it's gonna be that
Matt Edmundson:way for a little while.
Matt Edmundson:I mean, I know we're living in a new world order now,
Matt Edmundson:um, but I think some of these principles sort of
Matt Edmundson:stay the same, don't they?
Matt Edmundson:I'm curious, uh, Jeff, I mean, you, you sound like
Matt Edmundson:quite a knowledgeable chap in this whole area.
Matt Edmundson:Let's, let's deal maybe with the big elephant in the room, right?
Matt Edmundson:In the sense that when it comes to analytics, whether it be.
Matt Edmundson:Um, Google Analytics you're looking at, whether it's a
Matt Edmundson:dashboard from the platform.
Matt Edmundson:I'm a big fan of a platform that's done by sweet analytics
Matt Edmundson:guy called Oliver Sparks been on the show, um, British guy
Matt Edmundson:who's created that problem.
Matt Edmundson:Uh, problem created that platform problem and platform.
Matt Edmundson:Mm-hmm.
Matt Edmundson:Um, so we, we've used that in the past.
Matt Edmundson:Um, and still use that today.
Matt Edmundson:I guess my, my observation is now because it is so
Matt Edmundson:easy to measure everything.
Matt Edmundson:We do measure everything.
Matt Edmundson:How do we avoid the overwhelm of data?
Matt Edmundson:Because it, it, I sometimes I just look at things and go,
Matt Edmundson:I just dunno where to start.
Matt Edmundson:Yeah.
Jeff Saucer:Well, there's a, there's a lot of different ways
Jeff Saucer:and so I, I'd, I'd love to, to help everybody figure that out.
Jeff Saucer:First thing is, and this is just back to the origin
Jeff Saucer:story and the evolution.
Jeff Saucer:When I first started teaching this stuff almost 20 years ago.
Jeff Saucer:I was teaching technical things, I was telling somebody where
Jeff Saucer:to, where to click a button, how do you, how to put JavaScript
Jeff Saucer:on your site, how to, how to get code access to your
Jeff Saucer:site and put stuff on there.
Jeff Saucer:And that was pretty much every conversation we had.
Jeff Saucer:Um, thankfully that's not really necessary anymore.
Jeff Saucer:There's lots of ways to get the code on your site and to track
Jeff Saucer:things and, and it's easier to collect data than ever before.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Now that's, that's positive from a not as intimidating.
Jeff Saucer:Yeah.
Jeff Saucer:But then it just creates another level of intimidation.
Jeff Saucer:Yeah.
Jeff Saucer:And that is now data overload.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Data deluge, just so much of it.
Jeff Saucer:Big data, right?
Jeff Saucer:Yeah.
Jeff Saucer:Yeah.
Jeff Saucer:Um, just so much to choose from that you don't even
Jeff Saucer:know what matters anymore.
Jeff Saucer:These dashboards have all these indicators.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Almost like an airplane.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Plane cockpit as opposed to like the dashboard of a car.
Jeff Saucer:Yeah, right.
Jeff Saucer:A car dashboard.
Jeff Saucer:It's pretty obvious.
Jeff Saucer:You need to put gas in the car, you're going, your engine's too
Jeff Saucer:hot and you're going too fast.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Um, an airplane one has, you know, it's, it's
Jeff Saucer:much more than that.
Jeff Saucer:And so that's, that's what ends up happening right now.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Um.
Jeff Saucer:The thing is most people aren't driving airplanes.
Jeff Saucer:They're not flying airplanes.
Jeff Saucer:And, and you know, if you get into e-commerce, uh, you know,
Jeff Saucer:just as a, as a business, you don't, you didn't get into
Jeff Saucer:this thing to fly airplanes.
Jeff Saucer:You got into this thing to, to drive a car, right.
Jeff Saucer:To drive from one point to the other.
Jeff Saucer:And so one thing is.
Jeff Saucer:Instead of having the airplane dashboard and having everything
Jeff Saucer:possible, all these instruments that you don't need realize
Jeff Saucer:that you're, that you're in a car and, and, and simplify it.
Jeff Saucer:And so, again, I, I hate to say 80 20 all the time,
Jeff Saucer:but it ends up usually being about the ratio.
Jeff Saucer:Yeah.
Jeff Saucer:Um, I always tell people that in Google Analytics, I.
Jeff Saucer:You think you need a hundred percent of the data, you'll
Jeff Saucer:only ever look at 2010 to 20% of the data you collect.
Jeff Saucer:And, and I'd rather have you spend time configuring
Jeff Saucer:that 10 to 20% mm-hmm.
Jeff Saucer:To give you exactly what you need as opposed to spending
Jeff Saucer:that time trying to understand all 100% of what you have.
Jeff Saucer:Yeah.
Jeff Saucer:And so the way that we help people with that is we, we
Jeff Saucer:actually developed our own framework called the Measurement
Jeff Saucer:Marketing Framework at Measure U. And that basically tells you.
Jeff Saucer:Ask the right questions about what you want this data to do.
Jeff Saucer:What are, what is what, what do I need this thing to tell me?
Jeff Saucer:Mm-hmm.
Jeff Saucer:Is it that you're tracking like a product detail page
Jeff Saucer:and you wanna see where people drop off and whether
Jeff Saucer:they're looking at it or not?
Jeff Saucer:Is it that you wanna track your cart and if they're dropping off
Jeff Saucer:in the cart, is it like how you, you have to basically figure
Jeff Saucer:out what behavior you're trying to track, get to that level.
Jeff Saucer:Like what am I trying to solve?
Jeff Saucer:Now the good news is that you need analytics in order to
Jeff Saucer:know that you have a problem.
Jeff Saucer:Like if you look at your, your card abandonment rate is 98%
Jeff Saucer:and you're expecting it to be 60% that all the, the data is
Jeff Saucer:telling you where to focus.
Jeff Saucer:Yeah.
Jeff Saucer:So it's already telling you where to go.
Jeff Saucer:Then within that area, there's, if, once you identify
Jeff Saucer:the problem, it's actually pretty easy to solve it.
Jeff Saucer:Hmm.
Jeff Saucer:It is.
Jeff Saucer:When you're trying to solve everything, uh, all at once,
Jeff Saucer:that, that becomes a problem.
Jeff Saucer:So is your problem, your homepage?
Jeff Saucer:Is your problem, your traffic source is your problem.
Jeff Saucer:The product detail page is your problem, your
Jeff Saucer:cart, is it checkout?
Jeff Saucer:Is it all these different things?
Jeff Saucer:Ultimately using data will help you to decide where things are.
Jeff Saucer:It could be everything.
Jeff Saucer:Mm mm Chances are it's not everything.
Jeff Saucer:It's usually one thing that's a lowest hanging fruit and, and
Jeff Saucer:usually, you know, the analytics tool helps you identify the low
Jeff Saucer:hanging fruit for your business.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Then you just keep on picking it.
Jeff Saucer:I've never actually had to get a ladder out, you know
Jeff Saucer:what, you know what I mean?
Jeff Saucer:Never have to get a ladder out at all.
Jeff Saucer:Yeah.
Jeff Saucer:If you just keep on picking that fruit.
Jeff Saucer:'cause the next thing's gonna keep on coming down.
Jeff Saucer:Yeah.
Jeff Saucer:The next can get ripe at the same time.
Jeff Saucer:And so that's where I look at it not being intimidating.
Jeff Saucer:Look at it as being empowering for your business.
Matt Edmundson:I, I love the car and plane analogy.
Matt Edmundson:Thank you for that.
Matt Edmundson:That really helps me.
Matt Edmundson:Um, having driven cars and flown planes, I can attest to
Matt Edmundson:both and I'm like, yeah, that ma, that makes a lot of sense.
Matt Edmundson:I'm ki I, I like this idea of letting the data I. Rather than
Matt Edmundson:trying to understand everything, understand the key problems
Matt Edmundson:that it's telling you, and then use the data to help you
Matt Edmundson:solve that particular problem.
Matt Edmundson:Um, in your example, the abandoned cart, you know, if,
Matt Edmundson:if, if that's going wrong, um, you can then use the
Matt Edmundson:data to sort of highlight that from your experience.
Matt Edmundson:Um, Jeff, I dare say haven't done this with a fair few
Matt Edmundson:people, uh, around the world.
Matt Edmundson:In the world of e-commerce.
Matt Edmundson:What are some of the common.
Matt Edmundson:Issues that you are seeing in the data, sort of some of the
Matt Edmundson:common problems that keep coming up over and over again that we
Matt Edmundson:could maybe think about starting with those in our own analytics.
Matt Edmundson:Yeah.
Jeff Saucer:Um, so we, we, our framework, the way that
Jeff Saucer:we would answer that, 'cause there's, there's, there's big
Jeff Saucer:problems and there's, like, we, we, we focus on five problems.
Jeff Saucer:Mm-hmm.
Jeff Saucer:So we, we call it the i on the journey.
Jeff Saucer:It's like different, I like the letter I, so it's like, um.
Jeff Saucer:You know, did it, and it's, and it, you just basically look at
Jeff Saucer:a pa and we're talking about an individual page, but this,
Jeff Saucer:this could be your whole site, but it starts with a page.
Jeff Saucer:Like, did they get past the, the fold?
Jeff Saucer:Mm-hmm.
Jeff Saucer:Did they, did they scroll?
Jeff Saucer:Did they get 50%?
Jeff Saucer:Did they see your call to action button?
Jeff Saucer:And then did they take the action you wanted them to do?
Jeff Saucer:Right.
Jeff Saucer:So we, we basically focus on the different areas.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And then we see what percentage of people should
Jeff Saucer:have been doing that.
Jeff Saucer:Mm-hmm.
Jeff Saucer:What percentage of people should get past the full,
Jeff Saucer:what percentage of people should be doing that?
Jeff Saucer:And it gives you a nice, clean dashboard that tells
Jeff Saucer:you whether or not you're in an acceptable range.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And then it, it automatically tells you, I. Whether that's
Jeff Saucer:work, you know, whether you're in the right spot or not.
Jeff Saucer:Does that make sense?
Jeff Saucer:Yeah, it does.
Jeff Saucer:So basically we tell you where the drop off is.
Jeff Saucer:Mm-hmm.
Jeff Saucer:It does take some configuration.
Jeff Saucer:It's, it's minimal.
Jeff Saucer:Um, but that will tell you, okay, here's
Jeff Saucer:what your problem is.
Jeff Saucer:As opposed to, um, most people don't really know what problem
Jeff Saucer:they're trying to solve because they don't either, don't do
Jeff Saucer:any configuration at all.
Jeff Saucer:And they don't really understand like, Hey,
Jeff Saucer:my bounce rate's high.
Jeff Saucer:Mm-hmm.
Jeff Saucer:That means that I need to fix my bounce rate.
Jeff Saucer:Or I have a lot of returning visitors.
Jeff Saucer:How do I get more new visitors instead of returning?
Jeff Saucer:Yeah.
Jeff Saucer:It's like, that's, that, that's not really a thing.
Jeff Saucer:That's just like a default.
Jeff Saucer:So moving beyond defaults, but not going too complicated
Jeff Saucer:where you're like, say, where you're just, you know, trying
Jeff Saucer:to, to create this thing that doesn't, isn't necessary.
Jeff Saucer:The ultimate id, the ultimate concept here is that.
Jeff Saucer:These are real people mm-hmm.
Jeff Saucer:Who are trying to buy your products.
Jeff Saucer:They have real problems and usually if you just
Jeff Saucer:understand where they're coming from and, and their,
Jeff Saucer:what they went through.
Jeff Saucer:You can start to say, oh yeah, this is why a real
Jeff Saucer:person didn't complete this.
Jeff Saucer:Because I, I failed them on my headline.
Jeff Saucer:I didn't have enough, uh, images.
Jeff Saucer:The images weren't very good.
Jeff Saucer:I had the highest price on the internet.
Jeff Saucer:I was not competitive.
Jeff Saucer:Those types of things I, I offer, I put a coupon code
Jeff Saucer:in the checkout when, when I actually don't want to offer
Jeff Saucer:a coupon code, and that's where they dropped off.
Jeff Saucer:So ultimately you're, you're using the data to, to tell you.
Jeff Saucer:What you need to pinpoint.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And then pinpointing it, it goes back to the human element is
Jeff Saucer:like, why did this human, why do these humans not do that at
Jeff Saucer:the rate that I wanted them to?
Matt Edmundson:Which is, uh, uh, I mean, that is just an
Matt Edmundson:interesting question, isn't it?
Matt Edmundson:Why, why do people not behave like they should?
Matt Edmundson:Dang it, uh, if I could solve that problem with
Matt Edmundson:analytics or whatever, I'd, I'd be a very wealthy man.
Matt Edmundson:Um.
Matt Edmundson:So the, uh, let's maybe think about some more basic questions.
Matt Edmundson:Uh, basics probably the wrong word, but, um, Google
Matt Edmundson:Analytics, yes or no,
Jeff Saucer:Google Analytics.
Jeff Saucer:Four is.
Jeff Saucer:A good tool.
Jeff Saucer:It's not as beautiful as the original universal
Jeff Saucer:Analytics that we all loved.
Jeff Saucer:Um, but I, I don't know how you could get by without having
Jeff Saucer:that installed on your site.
Jeff Saucer:'cause it does add really, you know, high
Jeff Saucer:quality data to the mix.
Jeff Saucer:And also the integration with Google is, is
Jeff Saucer:as tight as it gets.
Jeff Saucer:Integrating with Search console, integrating with your Google
Jeff Saucer:Ads campaigns, integrating with different Google products.
Jeff Saucer:There's nothing that has that tight of an integration
Jeff Saucer:that can give you that data.
Jeff Saucer:Yeah, that can use it to train their advertising algorithms.
Jeff Saucer:That can let you do remarketing, that can
Jeff Saucer:do all the segmentation.
Jeff Saucer:Um, so.
Jeff Saucer:It.
Jeff Saucer:If you don't do it, you're missing out a lot.
Jeff Saucer:Especially if you are using Google Ads as a
Jeff Saucer:primary traffic driver or Google a organic search.
Jeff Saucer:Yeah.
Jeff Saucer:Which I mean, you're
Matt Edmundson:going to be, aren't you?
Matt Edmundson:Yeah.
Matt Edmundson:I mean, at least for the next few years until, um,
Matt Edmundson:you know, they're no longer needed because I don't know,
Matt Edmundson:AI glasses do it all for you or something, you know?
Matt Edmundson:But, um, it, it, it sort of, it is one of those things
Matt Edmundson:I, I can get, I, I get why people are a little bit.
Matt Edmundson:Twitchy about putting Google Analytics on their website.
Matt Edmundson:Um, you know, especially with the Big Brother, you know,
Matt Edmundson:Google's watching everything.
Matt Edmundson:Uh, my general response to this is they're watching
Matt Edmundson:everything anyway.
Matt Edmundson:You know, it's, don't really think it's gonna make a
Matt Edmundson:massive difference, but you're right, the integrations
Matt Edmundson:seem to be getting better and better with Google.
Matt Edmundson:Yeah.
Matt Edmundson:Uh, in, in, in so many ways across their platforms.
Jeff Saucer:And if you read the terms in service of
Jeff Saucer:service for, uh, for Google Analytics, they do not share
Jeff Saucer:data with their other products.
Jeff Saucer:It's the one thing where they, where they won't, Chrome does,
Jeff Saucer:like, there's other ones that, that don't tell you they don't
Jeff Saucer:share data, but Google Analytics does not share the data.
Jeff Saucer:Mm. They can't even access it unless you check a
Jeff Saucer:box that says that they specialist can look at it.
Jeff Saucer:So it's not, not shared data.
Jeff Saucer:You do own that data and that the reason why is it's the
Jeff Saucer:reason why they still are.
Jeff Saucer:Able to run in European Union because of that.
Jeff Saucer:So like, they basically had to take data privacy really
Jeff Saucer:seriously on that product.
Jeff Saucer:Yeah.
Jeff Saucer:And then you, you actually own the data Google does
Jeff Saucer:and they just store it for
Matt Edmundson:you.
Matt Edmundson:Yeah.
Matt Edmundson:Fantastic.
Matt Edmundson:So are there any other, are there any competitors to
Matt Edmundson:Google Analytics that we should be thinking about?
Jeff Saucer:Yeah, I mean, I, I know that a lot of
Jeff Saucer:big e-commerce stores are using Adobe Analytics.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Um, and, and if you configure it, I mean.
Jeff Saucer:Just so you know, Google Analytics four, the new version
Jeff Saucer:does require some configuration.
Jeff Saucer:If you don't configure it at all, it, it's, it's worthless.
Jeff Saucer:Mm-hmm.
Jeff Saucer:There's no point in using it.
Jeff Saucer:If you don't do some configuration, you can set up,
Jeff Saucer:like things like custom events.
Jeff Saucer:You can, you can set up e-commerce tracking necessary.
Jeff Saucer:Yeah.
Jeff Saucer:You can set up your key events, what we used to call
Jeff Saucer:conversions, but that would be the same with Adobe.
Jeff Saucer:Yeah.
Jeff Saucer:Like if you're gonna put Adobe in place and you don't configure
Jeff Saucer:it to, to help your store make sense, it's you're gonna.
Jeff Saucer:It's just telling you clickstream data, which
Jeff Saucer:clickstream data is not, not really that important.
Jeff Saucer:'cause it doesn't tie to a result.
Jeff Saucer:Mm-hmm.
Jeff Saucer:It doesn't tie to the language you speak.
Jeff Saucer:So that's one.
Jeff Saucer:Um, amplitude is getting a lot of, um.
Jeff Saucer:People who left GA 360, specifically the, the paid
Jeff Saucer:version of Google Analytics have moved over to Amplitude.
Jeff Saucer:They're just like drinking from a fire hose now because
Jeff Saucer:a lot of e advanced e-commerce stores did want to have, uh,
Jeff Saucer:they, they're not gonna just ride with Google 'cause the
Jeff Saucer:initial release just didn't have everything they needed.
Jeff Saucer:Mm-hmm.
Jeff Saucer:So those are the two that are taking a lot of market
Jeff Saucer:share away from, from Google.
Jeff Saucer:Well,
Matt Edmundson:you've kind of alluded to my next
Matt Edmundson:question in many ways.
Matt Edmundson:What is it that they offer then that Google's not offering?
Jeff Saucer:Yeah, I. One can a, a clear product roadmap.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And a clear customer segment.
Jeff Saucer:They're going after.
Jeff Saucer:I've been teaching Google Analytics in a classroom
Jeff Saucer:since 2010, and even back then I said Google Analytics.
Jeff Saucer:It's the same Google Analytics, whether you're doing it for
Jeff Saucer:your 10 person cat video blog, or you're doing it for
Jeff Saucer:the biggest e-commerce site in the web, in the internet.
Jeff Saucer:Right.
Jeff Saucer:It's the same Google Analytics when you install it, like
Jeff Saucer:it's the exact same product.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And then it's all about your configuration.
Jeff Saucer:Now, if you did something that was more aligned with.
Jeff Saucer:An e-commerce specific tool.
Jeff Saucer:Mm-hmm.
Jeff Saucer:You already have a market that, that understands your language.
Jeff Saucer:Right.
Jeff Saucer:So that, that's, that's the main advantage to it, is that
Jeff Saucer:these are these specialty tools.
Jeff Saucer:They are geared towards your outcome.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Versus every outcome for everybody on the internet.
Jeff Saucer:And so Google will never be able to compete in that same
Jeff Saucer:way as a specialty tool can.
Jeff Saucer:Um, yeah.
Jeff Saucer:But also.
Jeff Saucer:That integration and that tightness with, with other
Jeff Saucer:Google products, it's like, maybe make it one B then
Jeff Saucer:maybe it's not your mm-hmm.
Jeff Saucer:One A system, but it could be your one B 'cause how
Jeff Saucer:are you gonna find that?
Jeff Saucer:Otherwise, that's really cool.
Matt Edmundson:Uh, and, and did you mentioned, um, you've
Matt Edmundson:seen larger companies use these.
Matt Edmundson:Is there a certain if, well, for example, if I'm, if I've
Matt Edmundson:recently started my econ business and I'm turning over,
Matt Edmundson:I don't know, 50, a hundred grand in the year, not, not
Matt Edmundson:massive amounts of money.
Matt Edmundson:Do I look at Adobe?
Matt Edmundson:Do I look at Amplitude?
Matt Edmundson:Or is there like a, is there a cost That's a big
Matt Edmundson:barrier to entry here that I need to be aware of.
Jeff Saucer:I love it.
Jeff Saucer:This is, this is right in my, this is my jam right
Jeff Saucer:here, just talking about this type of geeky stuff.
Jeff Saucer:So generally speaking, um, you know, companies like
Jeff Saucer:an e-commerce company.
Jeff Saucer:They probably spend to marketing advertising
Jeff Saucer:maybe 20% of their budget.
Jeff Saucer:Mm-hmm.
Jeff Saucer:I, I don't really know you, you know that better than me,
Jeff Saucer:but let's just say they spend 20%, most companies spend
Jeff Saucer:between one and 2% on their analytics tools and the team.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And so if you're a hundred million dollars store,
Jeff Saucer:you'd be putting a million to 2 million into that.
Jeff Saucer:You would definitely have the capacity to pay a
Jeff Saucer:hundred thousand dollars for Google Analytics for 360,
Jeff Saucer:that version, or the Adobe Analytics, and you'd have
Jeff Saucer:money left over to train your team and to get things going.
Jeff Saucer:Mm-hmm.
Jeff Saucer:If you're a million dollar store.
Jeff Saucer:You're talking about maybe $10,000 for that.
Jeff Saucer:Mm-hmm.
Jeff Saucer:That's where you hire a consultant to tag your
Jeff Saucer:site, to do it one time and to build you a dashboard.
Jeff Saucer:Mm-hmm.
Jeff Saucer:That's pretty much all you can afford at that rate.
Jeff Saucer:And so it really comes down to where you're at.
Jeff Saucer:Um, Avinash Kashic, who's a guy that I, I.
Jeff Saucer:Followed as I was learning.
Jeff Saucer:Um, Occam's razors, his blog, he called it the 10 90 Rule.
Jeff Saucer:Mm-hmm.
Jeff Saucer:10% goes to the people or to the tools, 90% to the brains.
Jeff Saucer:And so at a hundred thousand dollars for your analytics tool,
Jeff Saucer:that would mean that you need to add that million dollar budget.
Jeff Saucer:That means that you're in the a hundred million range.
Jeff Saucer:So most of these tools that the paid ones are priced towards 50
Jeff Saucer:plus million dollar entities.
Jeff Saucer:Yeah.
Jeff Saucer:And so that, and ultimately you can sort of self
Jeff Saucer:sortt based on that.
Jeff Saucer:Um, and, and I've, I've actually worked with companies that do.
Jeff Saucer:A hundred million plus in revenue and they still
Jeff Saucer:don't wanna pay Google for their paid tool.
Jeff Saucer:They get by on the free one.
Jeff Saucer:Um, um, and then that's just, that's just where they,
Jeff Saucer:they maybe they think that money should go elsewhere.
Jeff Saucer:Maybe they look at it as an expense where they could put
Jeff Saucer:that money into media, which is working for them, or they don't
Jeff Saucer:wanna pay for a configuration.
Jeff Saucer:But that's, you can self sort based on just the tool price and
Jeff Saucer:then that one to 2% of revenue being your entire function for
Matt Edmundson:analytics.
Matt Edmundson:And so if I am, if I'm starting out then, uh, or I'm, you know,
Matt Edmundson:got a smaller site, uh, that's turning over, I don't know,
Matt Edmundson:half a million bucks, um, at, at this point to configure
Matt Edmundson:analytics well, and to give me the data that I need.
Matt Edmundson:I, I guess I can either learn it myself, you know,
Matt Edmundson:cue YouTube or cue the courses that you guys do.
Matt Edmundson:Um.
Matt Edmundson:Or I can go find a consultant maybe to help me set this up.
Matt Edmundson:Right.
Matt Edmundson:Um, have I understood that correctly?
Jeff Saucer:Yeah, those are pretty much your options.
Jeff Saucer:Do it yourself.
Jeff Saucer:I. With a combination of self-education and you doing
Jeff Saucer:the work or get a consultant that's probably in the Upwork
Jeff Saucer:category for somebody who's doing half a million a year.
Jeff Saucer:Mm-hmm.
Jeff Saucer:You're probably not even, you're probably going to
Jeff Saucer:Upwork and finding somebody to really do it as a one-off,
Jeff Saucer:doing it as the install, the technical piece of it.
Jeff Saucer:You're not even really able to afford an analyst at that point.
Jeff Saucer:You're sort of your own analyst, but you're, you're
Jeff Saucer:just getting somebody to get you the, you know, to cut down
Jeff Saucer:on the learning curve on time.
Jeff Saucer:Yeah.
Jeff Saucer:Um, when you're a million plus, I think you might start
Jeff Saucer:looking at, at a, a true analyst or somebody who's
Jeff Saucer:giving you recommendations.
Jeff Saucer:That person usually pays for themselves because they're,
Jeff Saucer:they're telling you the pockets where you have revenue
Jeff Saucer:missed opportunities and stuff like that, where your ad
Jeff Saucer:spend can be more effective.
Jeff Saucer:I. Um, and then, you know, like that we, we do exist
Jeff Saucer:for a reason and we do have customers for a reason.
Jeff Saucer:And that's because there's stores, I mean, there's
Jeff Saucer:a lot of people who wanna self-educate, right?
Jeff Saucer:And the, and what they, what the value we have at Measure
Jeff Saucer:U is we have the courses, we have unlimited support.
Jeff Saucer:Mm-hmm.
Jeff Saucer:We have mentors, people, we have dozens of mentors who have gone
Jeff Saucer:through our materials, who have been doing this for five, 10
Jeff Saucer:years and they're ready to help.
Jeff Saucer:And so you sort of pay for that community that, that
Jeff Saucer:will support you doing these things on your own.
Jeff Saucer:Um.
Jeff Saucer:And so that's, that's really where we fit
Jeff Saucer:into the puzzle as well.
Matt Edmundson:And is there, um, is AI getting better at
Matt Edmundson:helping you here analyze this stuff on a regular basis?
Matt Edmundson:Or is AI not quite there yet?
Jeff Saucer:It's so funny, like, really like when do
Jeff Saucer:you release this episode is sort of the answer, right?
Jeff Saucer:Because it's like, as of, as of the time we're recording
Jeff Saucer:this, I would say that AI is.
Jeff Saucer:The integration's not quite there, but I mean, Google
Jeff Saucer:Gemini is my favorite AI engine.
Jeff Saucer:Mm-hmm.
Jeff Saucer:I think it's, I think it's the dark horse and I think
Jeff Saucer:it's gonna win, um, to a certain extent because of
Jeff Saucer:its integration with Google Suite and stuff like that.
Jeff Saucer:Yeah.
Jeff Saucer:Once that gets plugged into the Google Analytics, and they
Jeff Saucer:can do that, that level of, of ANA analysis, it's like
Jeff Saucer:game over for, for some of the old way of doing things.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Um, it's only, it's inevitable like it will happen.
Jeff Saucer:I don't know when, um, it could be that it's already
Jeff Saucer:out there, you know?
Jeff Saucer:Um, but the reality is that.
Jeff Saucer:AI as long as it has access to the data set.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And as long as it understands the data, it will be really
Jeff Saucer:good at finding trends and patterns out of it and
Jeff Saucer:giving recommendations.
Jeff Saucer:And so that's that, you know, with it, I think a year from
Jeff Saucer:now that that'll be pretty much guaranteed to happen.
Jeff Saucer:Mm-hmm.
Jeff Saucer:I'm actually quite surprised that it hasn't happened already.
Jeff Saucer:Um, I think a lot of it has to do with just the.
Jeff Saucer:I don't, I don't wanna get into a technical explanation, but it
Jeff Saucer:has to do with excess, excess of the a of the APIs that mm-hmm.
Jeff Saucer:Pull the data in.
Jeff Saucer:And then just, just integration among teams and
Jeff Saucer:then just the extensibility of, of these models.
Jeff Saucer:Um, but I, I think that Google having what I think
Jeff Saucer:is gonna be the winning.
Jeff Saucer:Large language model mm-hmm.
Jeff Saucer:In Gemini, and then the best integration, you already see
Jeff Saucer:it integrating into G Suite.
Jeff Saucer:It's gonna happen, um, relatively soon.
Jeff Saucer:I can only imagine into Google Analytics and into the
Jeff Saucer:entire advertising product.
Jeff Saucer:And they're doing it already.
Jeff Saucer:It's just that, it's not like you can't, you can't, like,
Jeff Saucer:it's not your assistant.
Jeff Saucer:It's more of like, it's, it's their assistant.
Matt Edmundson:Yeah.
Matt Edmundson:Yeah, yeah.
Matt Edmundson:No, I mean, I mean, I, I logged into my, I don't
Matt Edmundson:normally log into Gmail.
Matt Edmundson:I have a Google Mail account, but I normally have a, a, um,
Matt Edmundson:just have it on the computer.
Matt Edmundson:Um, and then when I logged into it for whatever reason
Matt Edmundson:the other day, uh, and I saw Gemini was there, I was
Matt Edmundson:quite excited because I know you can switch it off, but
Matt Edmundson:I, I was very much like.
Matt Edmundson:Gemini, this is the email that I'm looking for.
Matt Edmundson:Yeah.
Matt Edmundson:Can you please find it?
Matt Edmundson:And yeah, Gemini goes away and goes, of course I can.
Matt Edmundson:Here it is.
Matt Edmundson:And you're like, holy cow.
Matt Edmundson:Um, this is quite an extraordinary new feature
Matt Edmundson:that, um, you now see on the G Suite with the docs
Matt Edmundson:and the spreadsheets and all that sort of stuff.
Matt Edmundson:And so I. Um, I, I'd like you, I think it's a bit of a dark
Matt Edmundson:horse, but the fact it is so well integrated in Google Yeah.
Matt Edmundson:Uh, is the most extraordinary thing.
Matt Edmundson:And so yeah.
Matt Edmundson:Whe when it comes out, who knows whether you'll be able to do
Matt Edmundson:this, uh, on your analytics.
Matt Edmundson:Um, I. But I am, I, I mean, I know that I can, I, I've
Matt Edmundson:done it before with large data sets as I've just given
Matt Edmundson:it to chat, GPT and gone.
Matt Edmundson:Tell me what you think.
Matt Edmundson:Um, I, I tend to be a little bit more creative, I suppose,
Matt Edmundson:in my prompt engineering.
Matt Edmundson:Uh, but in essence that's what you're asking for, isn't it?
Matt Edmundson:And it, and it can help you, um, analyze data.
Matt Edmundson:I guess the thing that I'm thinking of here, Jeff, is as
Matt Edmundson:a very good friend of mine.
Matt Edmundson:Um, Chris Ivers, who's a beautiful lady.
Matt Edmundson:Uh, I've just, actually, I need to, I need to get, lemme just
Matt Edmundson:make a note, contact Chris.
Matt Edmundson:I've not spoke to her for a while.
Matt Edmundson:Um, anyway, she has this great phrase that you, you don't
Matt Edmundson:know what you don't know.
Jeff Saucer:Mm-hmm.
Matt Edmundson:And I think sometimes with data and with
Matt Edmundson:ai, it can be a little bit like that if you kind of have
Matt Edmundson:a clue or an inkling, it can help you figure stuff out.
Matt Edmundson:But if you don't know, um.
Matt Edmundson:What you don't know.
Matt Edmundson:It's hard to look at the, it is hard to get that information
Matt Edmundson:out, if that makes sense.
Matt Edmundson:Yeah.
Matt Edmundson:I think you've gotta have a sort of, an interesting starting
Matt Edmundson:point along the right track.
Matt Edmundson:Um, and I guess it'll be, that'll be the interesting
Matt Edmundson:thing when you, when AI in effect becomes.
Matt Edmundson:Your permanent data analyst, you know?
Matt Edmundson:Um, and that can tell you what you don't know.
Matt Edmundson:Yeah.
Matt Edmundson:I've I've not seen that yet.
Jeff Saucer:It's getting there for actually, so just to comment
Jeff Saucer:on that, we've, we've been in, in Gemini, we've been basically
Jeff Saucer:not taking the first response.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Like we, we, like, they'll give us response.
Jeff Saucer:I'm like, that's a seven outta 10, but did you consider this?
Jeff Saucer:And then can you make this a nine outta 10?
Jeff Saucer:And then they'll redo it and it'll be better.
Jeff Saucer:And I'm like, okay, that's a nine outta 10.
Jeff Saucer:We, we still have the missing this thing.
Jeff Saucer:Can you make it a 10 outta 10 and they'll fix it?
Jeff Saucer:And so you can train this thing to just keep on getting better.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And just keep on challenging it and it will self-heal
Jeff Saucer:and self-improve.
Jeff Saucer:And so, I mean that, that, that's, you could
Jeff Saucer:do that with analysis too.
Jeff Saucer:The question is, how big of a pain in the butt is
Jeff Saucer:it to get the data out?
Jeff Saucer:That's really the problem, is like, you have to get
Jeff Saucer:to download it into a flat file and then do this.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And then get another file.
Jeff Saucer:That, that's the challenge I think right now is just that
Jeff Saucer:it's, it's actually getting it.
Jeff Saucer:The then what you need to feed it in there.
Jeff Saucer:Um, but that again, that that'll be solved relatively quickly.
Jeff Saucer:Yeah.
Jeff Saucer:And so then never say, yeah, like, we don't
Jeff Saucer:know what we don't know.
Jeff Saucer:And then also, like, I would never answer a question
Jeff Saucer:about whether AI can do something with the word never.
Jeff Saucer:It's just when it's, it's when, yeah.
Jeff Saucer:Yeah.
Matt Edmundson:Yeah.
Matt Edmundson:But especially at the moment, you know, the,
Matt Edmundson:the, the race is piddling ahead very quick, isn't it?
Matt Edmundson:Um, now this is all very fascinating and I'm, I'm kind
Matt Edmundson:of curious, you know, we've.
Matt Edmundson:With your course.
Matt Edmundson:So let's say I, I do a half a million a year, I think.
Matt Edmundson:Well, I'm, I'm gonna go do Jeff's course.
Matt Edmundson:I'm gonna figure the whole analytics thing out.
Matt Edmundson:Um, I dunno if you've got any ironic, uh, data around
Matt Edmundson:this, but I tend to find, and this may be a personal thing,
Matt Edmundson:Jeff, uh, where I might go and do that, or I might ask
Matt Edmundson:one of the team members to do something like that course,
Matt Edmundson:and they go through it, they get it, they understand it.
Matt Edmundson:So we start off strong, right?
Matt Edmundson:As in, oh, we found this, this, and this.
Matt Edmundson:Let's go fix that.
Matt Edmundson:But six months later, everybody's forgotten about
Matt Edmundson:everything because there's just the normal run of
Matt Edmundson:day-to-day life, um, going on.
Matt Edmundson:So how important is it for me as an e-commerce entrepreneur to
Matt Edmundson:think about having someone maybe dedicated just to data analysis?
Jeff Saucer:Yeah, I mean everything you gotta look
Jeff Saucer:at it is like, can you get an ROI from that?
Jeff Saucer:So say that you have half a million dollar
Jeff Saucer:store, you have limited resources, you get mm-hmm.
Jeff Saucer:Two or three, pick yours.
Jeff Saucer:Right.
Jeff Saucer:Would that be one of the two or three?
Jeff Saucer:Yeah.
Jeff Saucer:Would it be one of the two or three people that you end
Jeff Saucer:up choosing to, to put there?
Jeff Saucer:Uh, probably not because I'd rather have somebody
Jeff Saucer:running the ads.
Jeff Saucer:Yeah.
Jeff Saucer:I'd probably have somebody managing inventory.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Um, sourcing product.
Jeff Saucer:There's, there's way more things to do.
Jeff Saucer:Right.
Jeff Saucer:And that might be you wearing all those hats, right?
Jeff Saucer:Mm-hmm.
Jeff Saucer:You might get that point.
Jeff Saucer:Usually it's when you get to that.
Jeff Saucer:Ten-ish people.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Like when you have two people in marketing, the third one
Jeff Saucer:should be an analyst, I think.
Jeff Saucer:Yeah.
Jeff Saucer:Um, or you, there's more, there's more value in analyzing
Jeff Saucer:inventory, analyzing product choices and stuff like that.
Jeff Saucer:But at some point.
Jeff Saucer:Literally it'll pay for itself 10 times over by
Jeff Saucer:not wasting money on ads.
Jeff Saucer:Mm-hmm.
Jeff Saucer:By not wasting money on traffic, however you generate
Jeff Saucer:it, that just isn't efficient.
Jeff Saucer:That goes away.
Jeff Saucer:Having an eye on the site and that customer experience
Jeff Saucer:and tying it all together, eventually you lose money by
Jeff Saucer:not doing it versus gaining.
Jeff Saucer:So, um, a lot of like.
Jeff Saucer:I've been in this industry for long enough that it's
Jeff Saucer:treated as an expense center for most companies.
Jeff Saucer:Mm-hmm.
Jeff Saucer:But those who treat it as a profit center and can see
Jeff Saucer:the light are the ones who are at the cutting edge.
Jeff Saucer:Yep.
Jeff Saucer:They're the ones who are compounding the value of doing
Jeff Saucer:this, and they're the ones who are growing versus the people
Jeff Saucer:who are like, I don't see the value in investing in that.
Jeff Saucer:Or it, you know, it's not worth it.
Jeff Saucer:They end up just staying in the same spot because they
Jeff Saucer:don't have the data in order to tell them how to improve.
Jeff Saucer:They can't see the patterns because they're
Jeff Saucer:not addressing it.
Jeff Saucer:So it's not an expense center, it's a profit center
Jeff Saucer:when yielded properly.
Jeff Saucer:But at some, I mean, if you're too young, too early in this
Jeff Saucer:thing, it's just an expense.
Jeff Saucer:Yeah.
Jeff Saucer:But if you invested in, in our courses, learned our framework,
Jeff Saucer:implemented it, and then had somebody who, and you loved
Jeff Saucer:it and you made it part of what you're doing, that'll
Jeff Saucer:be a reason why you double your revenue year over year.
Matt Edmundson:Yeah.
Matt Edmundson:Yeah, no, fair comment.
Matt Edmundson:Fair comment.
Matt Edmundson:I, I, I do find, um.
Matt Edmundson:With a lot of these things, the, the more I try and do,
Matt Edmundson:the less I seem to get done.
Matt Edmundson:Um, and so I'm, I'm very aware that, that finding
Matt Edmundson:people to help me is, is a, is a beautiful thing.
Matt Edmundson:Whether that's agencies, whether that's consultants, whether
Matt Edmundson:that's people on network or Fiverr, whether that's part-time
Matt Edmundson:staff, whatever it is, I, um, if it, I've found that the
Matt Edmundson:more it's reliant on me that.
Matt Edmundson:The less likely it is to happen Yeah.
Matt Edmundson:In the long run, you know?
Jeff Saucer:And that's, that's challenging for the, especially
Jeff Saucer:for the owner of the business.
Jeff Saucer:Like you DIYed yourself into the business.
Jeff Saucer:Like you had to figure out all these things out.
Jeff Saucer:Mm-hmm.
Jeff Saucer:At some point you can't learn anymore.
Jeff Saucer:Um, so we do offer do it yourself.
Jeff Saucer:Like just buy a course, learn it, go implement it.
Jeff Saucer:Then we have done with you, that's the majority of our
Jeff Saucer:customers where they're in a community, they're asking
Jeff Saucer:questions and that's, that's more geared towards the
Jeff Saucer:freelancer slash agencies that you work with and the employees.
Jeff Saucer:Not to the business owner.
Jeff Saucer:And then we also do done for you services, which is where the,
Jeff Saucer:the owner wants the result and they're like, I just wanna pay
Jeff Saucer:for the result from experts.
Jeff Saucer:That's, that's our done for, for you service.
Jeff Saucer:Where, where you can get to that point.
Jeff Saucer:At no point.
Jeff Saucer:Really is, would I recommend that the business owner
Jeff Saucer:themselves get heavily into the technical pieces of analytics
Jeff Saucer:because, um, they have other things to solve usually, and if
Jeff Saucer:you can allocate money towards it, that that's something
Jeff Saucer:where, where there, there's people who will excel at that.
Jeff Saucer:Very rarely does somebody start a e-commerce store
Jeff Saucer:and then want to become the master at analytics.
Matt Edmundson:Uh, y Well, yeah, I, to be fair,
Matt Edmundson:I've met a few of them.
Matt Edmundson:Um, but yeah, on the whole, I I would, I would tend to agree.
Matt Edmundson:I'm, it's, it's an interesting one, isn't it?
Matt Edmundson:The, the who does it in the organization.
Matt Edmundson:Um, and I think actually quite rightly, given it the
Matt Edmundson:do and the importance, um.
Matt Edmundson:That, that, that, that you have especially 'cause
Matt Edmundson:like you said, there's so many options you can learn.
Matt Edmundson:Yeah.
Matt Edmundson:You can do the done with you and you can do the done for you.
Matt Edmundson:Yeah, exactly.
Jeff Saucer:Yeah.
Jeff Saucer:I mean, you can be a leader.
Jeff Saucer:You can say that data's important.
Jeff Saucer:You can say these things are there, but you're not
Jeff Saucer:gonna be going and figuring out how to configure it and
Jeff Saucer:like researching how to get JavaScript on your site or what
Jeff Saucer:tag management solution to use.
Jeff Saucer:Ultimately, you're gonna just champion that this
Jeff Saucer:is important to us, that we want this versus not.
Jeff Saucer:We wanna see answers, we wanna see it clearly, and
Jeff Saucer:this is important to us.
Jeff Saucer:Go figure it out.
Jeff Saucer:Matt Edmundson: Yeah, yeah, yeah.
Jeff Saucer:No fair play.
Jeff Saucer:Fair play.
Jeff Saucer:How important is it?
Jeff Saucer:And, and I've heard, and I appreciate just hearing
Jeff Saucer:the question in my head.
Jeff Saucer:It sounds a little bit silly, but I have heard both sides of
Jeff Saucer:the, the, the argument here.
Jeff Saucer:I'm curious to see where you sit.
Jeff Saucer:How important is air AB testing?
Jeff Saucer:So we, that's funny 'cause we.
Jeff Saucer:Are now pioneering what we teach as the anti AB testing.
Jeff Saucer:And, and I'll be qualified for a second, but, um, no,
Jeff Saucer:let's just leave it there.
Jeff Saucer:Yeah.
Jeff Saucer:No, sorry, go.
Jeff Saucer:Yeah, no, no.
Jeff Saucer:Actually you can just leave it there.
Jeff Saucer:But, um, AB testing is a, is this whole I idea that.
Jeff Saucer:It comes down to just one subject line
Jeff Saucer:versus the other one.
Jeff Saucer:Image versus the other button.
Jeff Saucer:Color yellow versus orange.
Jeff Saucer:Mm-hmm.
Jeff Saucer:And ultimately that is, that only works if you
Jeff Saucer:have so much traffic and so many people coming in that
Jeff Saucer:you can see statistical significance in doing that.
Jeff Saucer:Mm-hmm.
Jeff Saucer:Versus I mentioned the eyes and the journey, the different,
Jeff Saucer:the five different points where you can lose somebody.
Jeff Saucer:Mm-hmm.
Jeff Saucer:On a page.
Jeff Saucer:If you just look at that and you say, okay, normally we lose.
Jeff Saucer:30% of people after the headline are above the fold and
Jeff Saucer:you're at, you're losing 60%.
Jeff Saucer:What will happen is that'll tell you, this is
Jeff Saucer:where you need to focus.
Jeff Saucer:If you can't fix this thing, nothing else matters.
Jeff Saucer:This is the biggest leak in the funnel.
Jeff Saucer:Then all you need to do is go fix that thing.
Jeff Saucer:Now, one way you can fix that is through an AB test.
Jeff Saucer:Yeah.
Jeff Saucer:Another way to do it is if it's at 60% and you know it's
Jeff Saucer:failing, is to do a complete.
Jeff Saucer:Overhaul.
Jeff Saucer:You don't need to test the old crappy one that's not working.
Jeff Saucer:Yeah.
Jeff Saucer:You, you know exactly where your problem is.
Jeff Saucer:Hmm.
Jeff Saucer:So would you ab, if you have like a funnel, like in real
Jeff Saucer:life, if you have a funnel and oil's just spitting all
Jeff Saucer:over the place, you know, would you ab test whether you
Jeff Saucer:should plug that hole or not?
Jeff Saucer:Or would you just plug the hole?
Jeff Saucer:I think AB testing is something that buys people time.
Jeff Saucer:Yeah.
Jeff Saucer:And it makes them feel smart.
Jeff Saucer:But ultimately the reality is it only is reserved
Jeff Saucer:for traffic, high traffic sites that get that.
Jeff Saucer:You know, if you're Best Buy or Google, you can AB test and you
Jeff Saucer:can actually have significant weight in a couple days.
Jeff Saucer:If you're a small store, you should just plug that hole
Jeff Saucer:and figure out how to, and figure out the fastest way to
Jeff Saucer:plug that hole so you can keep on going live another day.
Matt Edmundson:That's a really interesting, uh, observation.
Matt Edmundson:Um, I, I, I, with AB testing, I, I think I get the point
Matt Edmundson:that actually you have to have data to make data, to have a
Matt Edmundson:data significance, don't you?
Matt Edmundson:To, to actually find stuff of meaning.
Matt Edmundson:Um, so if you've only got four people coming to your
Matt Edmundson:website, I dunno, it's, well, how are you gonna measure it?
Matt Edmundson:Right?
Matt Edmundson:Um, so no, I, I totally get that and I, I. I've not heard
Matt Edmundson:the argument before that AB testing buys you, buys you time,
Matt Edmundson:which I actually really like.
Matt Edmundson:It's almost like a procrastinator's dream
Matt Edmundson:because I don't have to make a decision right now.
Matt Edmundson:I can put it off and test it against this
Matt Edmundson:other thing over here.
Matt Edmundson:I'm smart.
Matt Edmundson:Put on my lab coat.
Matt Edmundson:I'm smart.
Matt Edmundson:Yeah.
Matt Edmundson:Yeah.
Matt Edmundson:Smart procrastination.
Matt Edmundson:I, I, I, I've not heard that argument before, so I'm, I'm
Matt Edmundson:gonna remember that one Jeff.
Matt Edmundson:Um.
Matt Edmundson:Right.
Matt Edmundson:This is a stage of the, the show where I, uh, ask
Matt Edmundson:you for a question for me, Jeff, while I remember.
Matt Edmundson:Yeah.
Jeff Saucer:So this is one, you might have heard this before,
Jeff Saucer:um, but is there an op, is there a trend that you, that you
Jeff Saucer:didn't act on that you regret?
Jeff Saucer:In the world of eCommerce, is there something
Jeff Saucer:that you was like, man,
Matt Edmundson:I
Jeff Saucer:wish I would've done that.
Matt Edmundson:Oh yes.
Matt Edmundson:How long we got anyway?
Matt Edmundson:Uh, I'm not gonna answer that now.
Matt Edmundson:I'm gonna get into that on my social media.
Matt Edmundson:Come follow me on LinkedIn at Edmonton.
Matt Edmundson:Uh, and I will be answering that question there along
Matt Edmundson:with all the other questions I get asked on this show.
Matt Edmundson:But that was a really good question.
Matt Edmundson:Um, uh, self-reflection.
Matt Edmundson:Now we could even talk about regret, uh,
Matt Edmundson:and is it worthwhile?
Matt Edmundson:But I'm not a psychologist, so probably should avoid that.
Matt Edmundson:Um, um, but no, I love that question.
Matt Edmundson:Jeff.
Matt Edmundson:If people wanna find out more about the stuff that you are
Matt Edmundson:doing, um, you know, maybe about the course, maybe about
Matt Edmundson:the done with you service or the done for you service,
Matt Edmundson:where's the best place to go?
Jeff Saucer:Yeah, so I'd love you to go to measureu.com,
Jeff Saucer:the word measure, and then 'u' a the end .com.
Jeff Saucer:You can see it in my shirt as well.
Jeff Saucer:If you're watching this on video.
Jeff Saucer:And we have a free community, and that free community
Jeff Saucer:is, it's packed with resources we have mm-hmm.
Jeff Saucer:Uh, tools that you can use for the e-commerce calculators.
Jeff Saucer:How much money should I spend with my ads?
Jeff Saucer:How much should I spend with our, how, how do I
Jeff Saucer:set up Google Analytics?
Jeff Saucer:How do I tag my site and stuff like that.
Jeff Saucer:Lots of free resources.
Jeff Saucer:Plus workshops, tons of workshops you can use in order
Jeff Saucer:to do, um, there, there are 10, 10 to 20 minute videos that
Jeff Saucer:tell you to do a single task.
Jeff Saucer:How do you do this thing?
Jeff Saucer:And that's our free community.
Jeff Saucer:We have a little, we have a, a student lounge in there too.
Jeff Saucer:Thousands of people are in there asking questions
Jeff Saucer:about the different platforms around analytics.
Jeff Saucer:So our free community has more value than
Jeff Saucer:most paid communities.
Jeff Saucer:I can promise you that.
Jeff Saucer:And um, and then if you like that.
Jeff Saucer:You'll get on our mailing list and then we'll talk to you
Jeff Saucer:about what other offers we have.
Jeff Saucer:You can buy individual courses.
Jeff Saucer:You can get all of our courses for one lifetime fee, which
Jeff Saucer:a lot of people don't do, but you, you know, we have, um,
Jeff Saucer:dozens and dozens of courses that you can get for one charge.
Jeff Saucer:We also have coaching.
Jeff Saucer:We.
Jeff Saucer:Um, through our accelerator program where we'll, we'll
Jeff Saucer:actually, um, multiple times a week, about 200 times a year,
Jeff Saucer:you can jump on with a live call with one of our mentor
Jeff Saucer:experts and instructors to get your question answered.
Jeff Saucer:And then, um, we do the done for you service as well.
Jeff Saucer:That's not for everybody, not for most, but if you really
Jeff Saucer:just want this thing done from the people who invented the
Jeff Saucer:frameworks and who know how to do this thing, that's where
Jeff Saucer:we can help you out as well.
Jeff Saucer:And so that's a little bit of your background of, of
Jeff Saucer:how you can take advantage of what we do at Measure U.
Matt Edmundson:Fantastic.
Matt Edmundson:And that's measureu.com.
Matt Edmundson:Uh, U as in, I assume it stands for university?
Matt Edmundson:Yes.
Matt Edmundson:Uh, or unguarded, maybe.
Matt Edmundson:Uh, unappreciated.
Matt Edmundson:I don't know.
Matt Edmundson:I'm just wax lyrical about, but it is a, it,
Matt Edmundson:it, it reminds me of, um.
Matt Edmundson:I dunno why Jeff?
Matt Edmundson:It reminds me of the movie my kids watched when they were
Matt Edmundson:younger, the Monsters Inc. Okay.
Matt Edmundson:Didn't they have Monster U um, as a sort of, this is the
Matt Edmundson:University of Monsters and I thought, okay, it's brilliant.
Matt Edmundson:Uh, so Measure U we would of course link to
Matt Edmundson:that in the show notes.
Matt Edmundson:Um, are you on LinkedIn?
Matt Edmundson:Do you do that whole thing or is it just on the website?
Jeff Saucer:Yep.
Jeff Saucer:LinkedIn, uh, linkedin.com/jeffsauer
Jeff Saucer:in/jeffsauer.
Jeff Saucer:You can check me out on there.
Jeff Saucer:Um, we're trying to get more active and, and putting
Jeff Saucer:stuff outta the community onto our social channels.
Jeff Saucer:By the time you watch this, hopefully we'll have some
Jeff Saucer:cool videos and clips on there, but we are producing
Jeff Saucer:content all the time.
Jeff Saucer:We, we love this stuff.
Jeff Saucer:Mm-hmm.
Jeff Saucer:We've been doing it for, for a long time.
Jeff Saucer:Um, and yeah, we always are just talking about the new
Jeff Saucer:trends and what's happening, um, with, with your tools and,
Jeff Saucer:and how to get the most of it.
Jeff Saucer:And then how to think about measurement in general.
Jeff Saucer:Mm.
Matt Edmundson:Fantastic.
Matt Edmundson:Well, we'll link to that as well in the show notes,
Matt Edmundson:which you can get along, uh, with the transcript and the
Matt Edmundson:show notes for free on the website ecommercepodcast.net.
Matt Edmundson:Of course, if you are on an app listening to this, as I know
Matt Edmundson:99.95% of you are looking at the data that we have, Jeff,
Matt Edmundson:everyone's listening to this show on a phone either with
Matt Edmundson:Apple Podcast or Spotify.
Matt Edmundson:It seems to be the way it works.
Matt Edmundson:Um, and so the links will be of course, in the show notes
Matt Edmundson:on the app as well, which you can get us by scrolling down,
Matt Edmundson:which is a beautiful thing.
Matt Edmundson:Uh, Jeff, listen, uh, great to meet you, man.
Matt Edmundson:Really excited about what you guys are doing.
Matt Edmundson:I. Thanks for coming on the show and clearing up a
Matt Edmundson:few things, a few questions that I had in my head.
Matt Edmundson:Um, but uh, genuinely lovely to meet you.
Matt Edmundson:Thanks so much.
Matt Edmundson:Yeah, Matt, this is great.
Matt Edmundson:Thanks so much for having me.
Matt Edmundson:No worries.
Matt Edmundson:Listen, we have to do that huge round of applause thing.
Matt Edmundson:Yes.
Matt Edmundson:There we go.
Matt Edmundson:Yeah.
Matt Edmundson:There we go.
Matt Edmundson:Uh, not too much, but that, that was enough.
Matt Edmundson:Brilliant.
Matt Edmundson:That's fantastic.
Matt Edmundson:Well, huge thanks again to Jeff for joining me today.
Matt Edmundson:Now, be follow, uh, short for be follow.
Matt Edmundson:No, no.
Matt Edmundson:Just be sure to follow, uh, the e-commerce podcast
Matt Edmundson:where you get your, wherever you get your podcast from
Matt Edmundson:because we've got some more great conversations lined up.
Matt Edmundson:And of course, I don't want you to miss any of them.
Matt Edmundson:And in case no one has told you yet.
Matt Edmundson:Day, let me be the first.
Matt Edmundson:You are awesome.
Matt Edmundson:Yes, you are created.
Matt Edmundson:Awesome.
Matt Edmundson:It's just a burden you have to bear.
Matt Edmundson:Jeff's gotta bear it.
Matt Edmundson:I've gotta bear it.
Matt Edmundson:You've gotta bear it as well.
Matt Edmundson:Now the E-Commerce podcast is produced by Podjunction
Matt Edmundson:you can find our entire archive of episodes on
Matt Edmundson:your favorite podcast app.
Matt Edmundson:The theme song was written by Josh Edmundson, and as
Matt Edmundson:I mentioned the show notes, the access to the newsletter
Matt Edmundson:and all that sort of stuff is available on our website.
Matt Edmundson:eCommerce podcast.net.
Matt Edmundson:But that is it from me.
Matt Edmundson:That is it from Jeff.
Matt Edmundson:Thank you so much for joining us.
Matt Edmundson:Have a fantastic week wherever you are in the world.
Matt Edmundson:I will see you next time.
Matt Edmundson:Bye for now.