One of the things that really sets Adobe Analytics apart from other solutions is the ability to create sophisticated Calculated Metrics and Segments on the fly. You don’t need to be a highly trained Analyst or Data Scientist to create your very own set of Measures and Dimensions unique to your business question. The best thing for me personally is that we can create those metrics from the same interface where we do our day-to-day analysis and reporting. It doesn’t matter if we want to quickly create an average or build advanced time series analysis dashboards, it’s all right there at our fingertips. Today I want to tell you about one of my personal-favorite functions called Approximate Count Distinct. This functionality allows us to count how many different values from a dimension we tracked and use that number in both Calculated Metrics and Segments (making this function the closest we […]
Tag: Engagement
Retention Analysis in Adobe Analytics – Part 2: Custom Segments and Metrics
User Retention is crucial to any digital offering. If you optimize your offering to a point where users come back on their own, you can not only save on marketing cost but also engage your existing users more. This makes retention analysis a prime example for how digital analytics can provide tangible business value. In the previous post, we used Cohort Tables and some builtin features of Adobe Analytics to analyze User Retention. But there is a lot more Adobe Analytics has to offer once we start using Segments and Calculated Metrics. In this post we are going to build our very own Segments to see how many of our Users we are able to retain. Based on those Segments we will then define some Calculated Metrics to make our lives even easier. I’ve also put the results on the Open Adobe Analytics Components Repository. Let’s start building! Simple User […]
Retention Analysis in Adobe Analytics – Part 1: Cohort Tables and Builtin Functionality
User Retention is crucial to any digital offering. If you optimize your offering to a point where users come back on their own, you can not only save on marketing cost but also engage your existing users more. This makes retention analysis a prime example for how digital analytics can provide tangible business value. In this post, we are going to take a look at how we can analyze user retention with the most advanced digital analytics tool, Adobe Analytics. We are going to start in this post with the builtin analytics dimensions and metrics, then take a look at cohort tables, and in the next post even build our own Segments and Calculated Metrics to help us understand retention. Let’s get started! Builtin Retention Metrics and Dimension To start things off, we will take a quick look at what Adobe Analytics has to offer out-of-the-box to help us understand […]