“Which KPIs and metrics should I be tracking?”
I got hit by this question while teaching the Web Analytics Academy in London this afternoon and figured it was worth sharing a few of the key points. Digital marketing is incredibly powerful, but much of that power can be lost if you’re not tracking what you do.
Seems obvious? Read on…The problem is that most folks who run websites and web marketing don’t give enough weight to the analytics. Sure, it’s not the sexiest part of digital media, but it can be the most profound and the most enlightening.
It’s only by tracking you’ll really know what works and what doesn’t, and while it’s part of the fabric of traditional marketing, there seems to be an enormous gap when it comes to extending that theory online. For example, in a media brand, the core key performance indicators include volume (of advertising), yield (of advertising) and the share (of the advertising and audience market).Those are revenue metrics any publisher would readily seize, but when it comes to audiences the same logic isn’t always there.
That’s why at Digital we developed the 5 Ps of web traffic measurement. If you’re stuck for where to start, then try these tips and see the video of our Web Analytics lecture…
• People (unique users)
• Pages (impressions)
• Persistence (stickiness / duration of visit)
• Pulling power (repeat visits)
• Passion (intensity of their activity; posts, community involvement, bespoke metrics)
Try these out as your starting point and you’ll be well on the right track. If you need more then ask us about the Management Information Academies we developed for media groups.
Need more help? Post your questions in our Web Analytics Digital Classroom.
Thursday, 12 April 2007
Getting to grips with website analytics
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