With Web Analytics you can get valuable information that will help you understand the way visitors are interacting with your website. Once you have the data, it is a matter of knowing how to use this information to help your business grow by increasing your customer conversion rates. Web Analytics is the foundation to drive your business on facts, and not guesswork.
If you have set clear and realistic business goals, why look elsewhere on ways to improve your corporate performance? The first step is to gather data so you can analyze your failure points. However, it is not only to focus on failure points to fix for success, but also analyzing what is actually working to keep it there. Look every single time you get a prospect to convert into customer to see how it happened. The idea is to use your real data from your web site to know how to encourage visitors to purchase, subscribe, register, make referrals, or accomplish any other goal that can be both measured and optimized. Make sure to understand the dynamics of your website to change failure points into success. Contact your local WSI office for Puerto Rico and ask how Web Analytics can position your business.
On the web, virtually everything can be measured. Just to mention a few examples of useful metrics, here are some: unique visitors, open rates, conversions, demographics, geographic location, and time spent. It may be easier than what you think to get a grip on the true potential of all the information you can have. The downside on it is that it is extremely easy to feel overwhelmed by the technology or the data itself.
What are the right parameters to look for in your business? How do you develop your company's culture to be data-driven? Do you need to better understand all the numbers, charts and trends available so you can plan and execute accordingly? Do you want to compare measurements across all your channels (even offline)? Can you forecast trends? Do you need to know how to evaluate your Web Analytics data? Do you want to learn more? Contact us today!
Keep in mind that Web analytics is not only about your side of the equation. You have to take a look at your competition and the dynamics of your industry. Competitive reports will show your position against your online competitors as well as within your industry. By using the right data and understanding its value, we can help you measure the health of your business and your growth potential within your industry. For example, you may want to calculate your industry share percentage, or benchmark your competitor's campaigns and see what you should do not to be left behind.
You can see visitors profile and the way they interact with your web site. Web analytics allows you to see how they arrived at your website. They could have entered by following a link, by organic search results, by your pay-per-click ads, or simply by typing your website address directly into their browser. After getting in your web site, how much time they spent on each page, where they clicked, what pages they viewed as well as from which page they exited your site.
Besides knowing the amount of visits to your site, there's way more things to measure and understand from web analytics. If, for instance, you identify an unusual exit page pattern, you may be able to eliminate navigational obstacles that drive your customers away from your conversion goal. The outcome is a natural and expected improvement in your business performance. We as your local WSI Consultant for Puerto Rico, can show you a systematic approach to bring out the best of your online business. Request a meeting today and discover what Web Analytics can do for your business!
| Despite current economic conditions video ad spending is expected to rise by 45% in 2009 to reach $850 million. - Source eMarketer, Dec 2008 | |
| Advertisers will continue to use or increase their Search Marketing budgets in 2009. Expected growth for this online advertising tactic is in the double digits at 14.9% in 2009, to a total $12.3 billion. – Source eMarketer, Dec 2008 | |
| Total US Internet ad spending will increase to $25.7 billion in 2009, an 8.9% growth rate. – Source eMarketer, Dec 2008 | |
| In light of the economy US advertisers are moving millions of dollars from traditional media to the Web, to take maximum advantage of its measurability and cost-effectiveness. The same holds true for the UK and other developed nations.– Source eMarketer, Dec 2008 | |
| Online buyers are shifting a greater share of their total purchases from stores to the Web in search of more convenience, broader product selection and cost savings. – Source eMarketer, Dec 2008 |