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Thread: Five Things You Should Know About Web Analytics

  1. #1
    Tycoon Extraordinaire
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    Post Five Things You Should Know About Web Analytics

    As an online marketing strategist, I continually come across business owners who rave about the number of visitors coming to their website. The irony is that website traffic alone doesn't generate money.
    I ask these business owners questions: Where is the website traffic coming from? What Web pages are visitors landing on the most? What percentage of visitors return to the site? How many visitors convert into customers?
    Their lack of answers shows they're concentrating on volume and not on quality, and I guarantee their sales are suffering as a result. It doesn't matter how many people visit your website if those people are not the "right" people -- the type of people who will buy something from you someday.
    Good website analytics take the mystery out of wondering who's visiting the company website and why. You don't need to be an online marketing strategist to use them, either. There are plenty of website analytics packages for sale on the Web, but you can get started free through Google Analytics.
    The Google service provides you with a line of code to plug into each of your website pages, and you can then start tracking. You can get a breakdown not only of how many visitors came to the website, but how long they stayed, what site they previously came from, what search terms they used to reach the website, and which pages they visited the most.
    Here are five points to consider as you start delving into the numbers:
    1. Do your website visitors already know you? The whole point of the website is to link you with potential new customers who have never heard of your business, not people who may be merely looking up your address. A well-designed website should only have a small percentage of visitors, maybe 5 percent, who have used the company's name to find it.
    2. Are you bringing in potential customers? Let's say you're a tennis gear provider. People who find your website searching for "tennis" probably aren't going to help you. They likely won't help you if they searched for "tennis racket." You want the people who searched for "Dunlop tennis rackets," or better yet "Dunlop Aerogel Titan." They know what they want, and they will buy from you if you're offering the best deal.
    3. Does your social media presence work? If you spend 10 percent of your online marketing efforts on social media and 25 percent of your website visits come from Facebook or Twitter, you're in good shape. Better yet, you can set up goal scenarios through Google Analytics. A goal might be that you want people to come from Twitter to see a post on your site that links to a promotional offer. You can then tweet the promotion and see how many people follow the path.
    4. Are visitors bailing from your homepage? Google Analytics tells you your homepage's bounce rate, the percentage of homepage visitors who never clicked on additional pages. If the bounce rate is more than 60 to 70 percent, you have a problem. The search terms your visitors are using to find the site tell you whether they're the people you want. If they are the right type of visitors and they aren't delving deeper into the site, then the blame goes on the homepage. It might not look professional, its content might not be compelling or the website might simply be confusing.
    5. Are they looking at your product or service pages? The website is supposed to generate sales or interest in your services. If website visitors aren't looking at the pages that allow this to happen, then your homepage is not doing its job. The homepage should be divided into decision-making paths that quickly separate visitors by their interests and lead them to the information they are looking for.
    Most of all, don't be intimidated by the analytics. Get your feet wet and decide what you really want. These numbers are the key to finding out whether your website is effectively generating business.
    Global buy sell trade marketplace : http://www.bytrade.com

  2. #2
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    How true. It is just like bricks and mortar you can have the best looking site but if they do not convert then you have zilch. The same with the shop front if they come into your shop and just look. You have to take a good look and see what you need to do to make them buy.
    cheers Peter
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  3. #3
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    Great to know, I really like this forum..
    hope your post will find helpful for me as well as for other members. Keep sharing!

  4. #4
    Junior Tycoon
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    Some very good points.

    Whatever type of online business you have you need to constantly review your analytics to see where your customers are coming from and what they are doing when they get to your site. You then need to continually tweak your site to drive traffic.

  5. #5
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    Google Analytics is a whole new world for me. Love this thread :^)

  6. #6
    Senior Tycoon
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    Google Analytics is so cool!

  7. #7
    Junior Member
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    this is very true. the other key thing is that analytics is over 24 hours behind. you should see if your hosting provider offers the likes of AWStats as that comes directly from the hosting server.

  8. #8

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    Nice post. Yes, we must know how we are getting visitors for our website. so thanks for sharing such a nice tips here

  9. #9
    Member Tycoon
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    Number 4 is extremely important. It doesn't matter how many visitors you are getting to your site if your bounce rate is extremely high and none of them are staying. It could be that your SEO is off the mark and the visitors are expecting something totally different to what they get when they arrive. It could also be that you have put all your time into SEO and not focussed on the content and design of the site they get to.

  10. #10
    Junior Tycoon
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    Perth, Western Australia
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    Thanks for the post. As a new business we're looking into analysing our traffic but weren't aware of Google Analytics.

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