Showing posts with label Analytics Tools. Show all posts
Showing posts with label Analytics Tools. Show all posts

Sunday, June 14, 2020

3 Things Every Newbie Needs to Know About Google Analytics

Written by Aastha Jain 

Getting started with Google Analytics may seem daunting at first especially if you are a newbie but it’s one of the best tools at your disposal. It helps businesses gain insights on their website’s traffic, where the visitors are coming from, which keywords draw the most traffic, what pages are visited most etc. The data can then be drilled down to see the page views, sessions, bounce rate, new vs returning users, and session duration.

Google Analytics not only provides you with a lot of data, but it also pushes you in the right direction when it comes to your website optimization.

Here are three things you need to know about Google Analytics: -

 1. Google Analytics helps improve your website’s performance

If you want visitors to browse your company’s website, you’re going to need to have two things in place. First, you’ll need to make sure your site is mobile optimized. Second, you’ll want to make sure it loads quickly.

The importance of website speed cannot be overstated. Consumers are impatient, and if they have to spend too long waiting for your website to load, they will move on to one of your competitors.

2. Google Analytics gives you valuable customer data

To create a solid marketing strategy, you need to have in-depth data about your audience. Google Analytics can provide feedback not only on your website’s visitors, but also on your email marketing strategy and social media engagement.

Here are the three sections you’ll want to pay the most attention to:

·        Acquisition tells you where your traffic is coming from. Knowing how the majority of your visitors are finding you will influence your future marketing efforts.

·        Audience gives you detailed data about your visitors, including their age, location, interests and more. This can help you come up with an ideal customer profile.

·        Behaviour helps you understand how your visitors are interacting with your website. It will show you what pages are most popular and what content resonates the most with your visitors.

·         

3.Google Analytics identifies your website’s pain points

Cart abandonment is a huge setback for e-commerce businesses, and it’s a fairly common problem. The cart abandonment rate for the retail industry is just over 72%. It is extremely important to reduce this rate as much as possible.

A lot of businesses witness huge traffic but not sufficient conversions.

This means that visitors are coming to your website but are not finding what they are looking for. This leads to a high bounce rate.

A high bounce rate calls for an immediate action to identify the reason behind it.

However, Google Analytics provides a detailed report of the pages that are experiencing a high bounce rate.

The reason for a high bounce rate could be that your website is not optimized properly or maybe your landing page is not attractive enough for them to sign up.

Reviewing these reports can shed light on the reasons why customers aren’t completing sales

 

(Source:https://www.uschamber.com/co/start/strategy/google-analytics-facts)


Best Web Analytics 2.0 Tools: Quantitative, Qualitative, Life Saving!Best Web Analytics 2.0 Tools: Quantitative, Qualitative, Life Saving!

 

Hi I am Virat Parikh.


What is the first thing you want when you think about web analytics?

Tools!

Of course tools. What to do, where to start, what's cool.

I was reflecting on that recently and thought it was incredible that in all my years of writing this blog I have never written a blog post, not one single one (!!), recommending tools for the complete web analytics 2.0 spectrum.

Well that ends today.

My goal is to give you a list of tools that I use in my everyday life as a practitioner (you'll see many of them implemented on this blog). You are not going to use all of them all at the same time (or with every client), but 1. it is good to know what is out there and 2. to be awesome you are likely to use one from each category.

[Disclosure:] I am the co-Founder of Market Motive Inc and the Analytics Evangelist for Google. I do not have financial or equity or any other stake in any company mentioned in this blog post (except Google). None of these tools vendors have any relationship with Market Motive either. They are on this list because IMHO they provide value and are better than their competition. [/Disclosure]

Before we jump into tools a few key bits of context, after all context is queen!

First Bit Of Context. . . Web Analytics 2.0.

This blog post is about web analytics 2.0. Not just clickstream analysis.

As defined in my second book Web Analytics 2.0 is:

1. the analysis of qualitative and quantitative data from your website and the competition,

2. to drive a continual improvement of the online experience of your customers and prospects,

3. which translates into your desired outcomes (online and offline)

An expansive view of what it means to use data online, both from the type of data perspective and the kind of desired impact perspective.

Second Bit Of Context. . . Multiplicity.

Given the definition above, I am a firm believer in Multiplicity.

Every single company, regardless of size, will require multiple tools to understand the performance of its website, happiness of its customers and glean key context from competitors and ecosystem evolution.

The quest for a "single source of the truth" on the web is futile.

Actually let me rephrase that. . . the quest for a single tool/source to answer all your questions will ensure that your business will end up in a ditch, and additionally ensure that your career (from the Analyst to the web CMO) will be short-lived.

Sorry.

You should know upfront that you are going to fail, often spectacularly, if you don't embrace the fact that you have many complicated questions to answer, from many different sources.

To be an Analysis Ninja, and part of a successful web business, embrace Web Analytics 2.0 and embrace Multiplicity. Use a clickstream source when you have to, switch to testing to move beyond HiPPO's and inferences from click data, invite customers on a regular basis share feedback with you using surveys and usability, and poke and prod your competitor's and ecosystem performance to know what to do more of and what to do less of and what you have been blind to.

Do that. Work hard. Win big. Rinse, repeat.

Third Bit Of Context. . . Don't Be Scared: Prioritize.

Many people get really scared and run for the hills when they first put Web Analytics 2.0 and Multiplicity together.

Don't be.

Depending on the size of your company (translation: resources available and what's impactful and doable) here is the priority order that I recommend for you to execute your web analytics tools strategy right. . .

Not everybody should do everything in the same order. In my humble experience the above order works best for small, medium and large sized companies.

The result of going in a specific order is that this does not have to all be done overnight. You can take your time and evolve over time.

For more on why I recommend this specific order please see my second book, Web Analytics 2.0, which many of you already have.

Fourth Bit Of Context. . . The 10/90 Rule!

I can't ever talk about tools without reminding you of my 10/90 rule for magnificent success in web analytics.

First presented at an eMetrics summit in 2005 the 10/90 rule was borne out of my observations of why most companies fail miserably at web analytics.

Put simply it states:

Summary: Its the people.

You may not go with precisely 90, that is ok. But overinvest in people and everything that is required to make those people successful: invest in process, invest in their training, invest in large monitors for them, invest in backing them up against senior management, invest in involving them in key business strategy meetings, invest in… you catch my drift).

The coolest tools, the really expensive tools, will deliver diddly squat for your business. They'll simply puke data faster and, if you implement them right, more efficiently.

It's your investment in the 90 that will deliver glory.

People matter.

With those minor caveats, and what it takes to be successful refreshers, I am really excited to tell you all about tools!

: )

The Best Web Analytics 2.0 Tools For Maximum Awesomeness!

Let us break this list into the components of Web Analytics 2.0 so you have some reference as to where each item fits (and this will also make it easier for you to pick tools for the priority order referenced in Context #3 above).

Clickstream Analysis Tools [The "What"]

To many people the clickstream world is all there is to the web analytics world. It is without a doubt the largest source of data you'll access.

There are hundreds (I kid you not) of clickstream tools, I recommend you keep your life on the straight and narrow and pick one, just one (!), of these three tools:

Yahoo! Web Analytics
Google Analytics
Piwik

Yahoo! and Google provide world class web analytics tools for free.

Custom reporting, advanced segmentation, advanced rich media tracking, auto-integration with search engine PPC campaigns, advanced mathematical intelligence, algorithmic data sorting options, complete ecommerce tracking, super scalable sophisticated data capture methods such as custom variables, open free and full API access to the data, loads and loads and loads of developer applications to do cool data visualizations, data transformations, external data integrations and more. I am forgetting the other 25 features these tools provide for free.

Additionally if you look at the massive progress these two tools have made in the last 24 months there is hardly anything, more like _nothing_, they can't do that other vendors, free or paid, can do.

There would have to be an overwhelming preponderance of evidence showing that your company is magnificently unique, extremely special and with such incredibly uncommon needs that you need to go with any other clickstream tool (including paid clickstream tools from Omniture, CoreMetrics, Unica, WebTrends or anyone else).

If you have never done web analysis, start with one of these two.

If you have always done analysis and only use clickstream tools like Site Catalyst or Coremetrics Analytics or WebTrends Analytics then switch to one of these two tools and invest the money in Analysts (and wait just a couple months for your mind to be blown by valuable insights).

This is not to say paid web analytics tools (that do more than just clickstream analysis) don't provide value.

If after rigorous analysis you have determined that you have evolved to a stage that you need a data warehouse then you are out of luck with Yahoo! and Google, get a paid solution. If you can show ROI on a DW it would be a good use of your money to go with Omniture Discover, WebTrends Data Mart, Coremetrics Explore.

If you have evolved to a stage that you need behavior targeting then get Omniture Test and Target or Sitespect. Good use of your money.

Spending money on the base solutions from paid vendors is a very poor use of your money.

IMPORTANT: Many people think it is hard to get the free Yahoo! Web Analytics. Not true.  There are three specific ways to get Yahoo! Web Analytics. Read this: How do I get a Yahoo! Web Analytics account?

If you are technically oriented, don't trust either Yahoo! or Google and up for an adventure I highly recommend you consider using Piwik.

It is a wonderful solution. It has been constantly updated in the two years I have watched it. Piwik provides you plenty of capability to explore your inner technical unicorn while allowing you to answer business questions.

Three tools. Pick one. Move on with your analytical lives. Move from a data collection obsession and develop a crush on data analysts.

Special Recommendations:

Feedburner

Any website that provides an RSS feed would do very well to use Feedburner.

There is a lot of clickstream activity that is happening inside your RSS feed (and away from your website). Without Feedburner you have zero insights into that behaviour of your most precious customers, those who are pulling your site/blog/marketing without you having to hound them.

Percent Mobile

Most web analytics tools (including all the ones mentioned above) provide not great data about consumption of your website on mobile devices. By default they only work with JavaScript tags (Percent Mobile will also capture behavior on non JavaScript enabled phones) and even then their databases of phone attributes and carrier attributes are quite poor.

So if you want really good mobile behaviour data (in a separate but useful silo) then go get Percent Mobile. There is a free starter edition if you just want to play with it.

Google Webmaster Tools / Bing Webmaster Tools

Most web analysts are not responsible for SEO Analytics, and it is such a shame. A huge vast majority of clicks coming from search engines continue to be organic clicks (which is why I love and adore search engine optimization).

Any web analytics on your site will tell you how many clicks came to you from a search engine. But do you know your organic impression share for your top keywords? You can only get that from Webmaster tools (I know, I know, it would look really good in Google Analytics!).

Besides that to me SEO is an important part of marketing. I consider it my business as a web analyst, to report on how well the site is being indexed, keywords it is showing up for (but not getting clicks for), changes in trends for impression share and clicks on search engines (via the brand spanking new Google Webmaster Tools report) etc. I consider that to be web analytics.

You may not. But I believe you'll do your company a great service if you do, and now you know where to go to get started. :)

Outcomes Analysis Tools [The "How Much"]

Most outcomes analysis you will do in identifying your macro and micro conversions (for profit or non profit sites, government or ecommerce) will happen inside other tools mentioned in this blog post.

For example you'll configure goals and ecommerce tracking in Yahoo! Web Analytics or Google Analytics or Piwik.  You'll measure Task Completion Rate in 4Q (below). You'll measure Share of Search using Insights for Search (below).

Or, if you truly want my admiration, you'll compute Profit and Margin for your campaigns in Microsoft Excel or using the most relevant database query.

So no specific tools recommendation here. Only a plea to obsessively obsess about measuring outcomes and compute economic value, not just revenue. [See Quantifying Economic Value on page 159 of Web Analytics 2.0.]

Special Recommendations:

I'll make two types of multi-channel analytics outcomes recommendations here.

If you have a phone number on your site then you would be very well-advised to implement a phone call tracking solution on your website.

Mongoose Metrics
ifbyphone

I know Mongoose Metrics a bit more and have been impressed with their solution and evolution over the last couple of years. My trusted friends have been equally impressed with ifbyphone.

It is pretty easy to integrate phone outcomes data with your web analytics solution. See this video by ifbyphone: Google Analytics Phone Call Integration or this page on the MongooseMetrics site: AccuTrack. These solutions also integrate with other web analytics tools.

If you spend any decent amount of money on email, search or display campaigns and have a phone call option then it is pretty criminal not to use one of these guys to get a really good understanding of offline conversions. Without them you might be missing such an important part of the "what have we actually accomplished on our website" equation.

LivePerson

If you offer a live chat option on your website then outcomes can also be measured in a lovely manner using the LivePerson solution. With simple configuration updates in the tools you'll create a custom report showing you Source/Campaign, Visits –> Live Chat % –> Goal Conversion Rate –> Per Visit Goal Value.

Sweetness.

Experimentation and Testing Tools [The "Why" – Part 1]

I firmly believe that God created the internet so we could fail faster. I know of no other way to achieve one's global maxima on the web.

The fact that this is a great way to prove HiPPOs right or wrong is a bonus. The fact that this is perhaps the most amazing way to get your customers involved in creating win-win offers/content/experiences/outcomes is the cherry on top of the bonus.

Google Website Optimizer

GWO is free (you don't have to use AdWords or Google Analytics to use it) and is perhaps all you need as a robust A/B and Multivariate (MVT) testing solution.

Here's a free guide – 26 pages – to use the website optimizer optimally: PDF Download: The Techie Guide to Google Website Optimizer.

If you need ideas of what to test: Experiment or Die. Five Reasons And Awesome Testing Ideas.

No serious web analytics program in any company is complete without robust and persistent testing. None. Not a single one.

Special Recommendation:

Optimizely

If you want to jump into testing very very fast and start doing A/B testing tonight (I am not kidding: tonight!) then I recommend using Optimizely.

Slight amount of technical knowledge will be a plus, but it is really really easy to get started. Just go to their site and type in your URL in the blue box and hit the green button and you'll see what I am talking about.  You'll be setting up you A/B test in 5 mins.

They even have a Platinum support plan where you get the CEO's direct cell phone number! How can you not totally love that? : )

AdWords Campaign Experiments by Google

I wish I could put into words how much I love ACE (AdWords Campaign Experiments). It is truly a blessing for anyone that does paid search marketing.

So many companies large and small truly suck at doing AdWords properly. And it does not matter if they use a large brand name Agency. This sucking can be solved immediately and awesomely by using ACE.

Adgroups and match types and content and copy and URLs and keywords and negatives and positives and bid prices and so many levers to pull to improve Impressions, CTRs and ROI of your AdWords campaigns.

Now you don't have to do the super lame before and after “experiments”, you can do true test and control experiments and learn how to win, and win big, at this AdWords thing you are spending so much (or so little) money on.

I hate to be a bearer of bad news but if your company or Agency is not using ACE every day to make you a ton more money, then fire someone.

Here's all you need to know about ACE:  AdWords Campaign Experiments Videos & Guides.

Voice of Customer Tools [The "Why" – Part 2]

It is quite incorrect to believe that by analyzing the clicks of visitors to your website that you suddently have an ability to capture "voice of customer". That would be like trying to talk to your mom while holding a banana to your ear instead of a telephone.

I have been profoundly humbled by how much one can learn by using qualitative methods to collect VOC.

Of the hundreds of online survey providers out there, here are two of my current favorites:

4Q by iPerceptions
KissInsights

I am extremely biased towards sensible short surveys, versus many people's preferred option of a 42 question puke "survey".  I have come to realize that asking just a few right questions translates into a respect for the website visitor's time, an extreme focus at your end, and, blessedly, action by your company based on VOC.

4Q is a "site level survey." By default you ask just four questions (though you can add two more optional questions) when people exit your site. It provides the Key Performance Indicator that I consider to be the holiest of the holy in web analytics: Task Completion Rate (segmented by Primary Purpose).

If you want to see how 4Q looks and works click here.

KissInsights is a "page level survey." You ask one question (how can you not love that!) and have an ability to get a yes, no or open text answer. The survey invite is unobtrusive. You can control the amount of time spent on a page before the survey shows up, you can add conditional logic, and so much more, to the survey invitation process.

If you want to see how Kissinsights works just go to site and customize your own in a few seconds.

Both 4Q and KissInsights come with free starter solutions. Both are available in multiple languages. Each solves a different problem, and solves it very well.

Another great way to collect voice of customer (VOC) is to do usability studies. A recent sweet development is that you don't just have to rely on often expensive lab usability studies. You can conduct affordable, scalable and frequent online usability studies.

UserTesting.com
Loop11.com

For $39 a pop UserTesting.com allows you to specify the demographic and other attributes of the users you are most interested in and then have those users complete tasks you specify on your site. You get a video and a written summary of their experiences. Nothing more powerful than actual frustrated users right?

Loop11 is different in several small ways but the primary difference is that you pay a flat fee of $350 for each study while allows you to have to 1,000 participants and unlimited number of tasks. You are also in control of study participants and you can invite them via social media or a pop up on your site.

They also have a sweet demo, check it out here: Loop11 Participant Demo. The demo is a sweet way to convince your boss to give you money for a usability study (with either company! :)).

Finally one last VOC recommendation, this one very tactical and focused on single page optimization (vs. site and experience optimization with the voc tools outlined above).

 

Reference link as under:

Best Analytics Tool

Here are some of the top 10 tools that you can use to gain more understanding about your website traffic - By Akash Dixit

1. Google Analytics.

Google Analytics is one of the best free tools that any website owner can use to track and analyze data about Web traffic. You get to see what keywords are bringing the most visitors to your pages and what aspects of your designs are turning them off. This tool will generate a report for your website that includes information about visitors, traffic sources, goals, content and e-commerce. The downside of Google Analytics is that it can take time to update. (The real-time version is still in beta testing.) There are other tools that offer real-time updates of your data now.

2. Spring Metrics.

Spring Metrics has taken the analytics tool and made it simpler. You don’t have to be a professional data-miner to get the answers to your questions. You get real-time conversion analytics, top converting sources, keyword analytics, landing-page analysis, e-mail performance reports and simple point-and-click configuration. Unlike Google Analytics, Spring Metrics tracks a visitor’s path through your website from the time he landed to the time he left. All of this is included in Spring Metrics’ Standard Plan for $49 a month. When you first sign up, you get to try it free for 14 days. The simplicity of this tool has a lot of website owners switching over from Google Analytics.

3. Woopra.

Woopra is another tool that offers real-time analytics tracking, whereas Google Analytics can take hours to update. It is a desktop application that feeds you live visitor stats, including where they live, what pages they are on now, where they’ve been on your site and their Web browser. You also have the ability to chat live with individual site visitors. This can be a great feature for your e-commerce site to interact with customers. Woopra offers a limited freebie plan as well as several paid options.

4. Clicky.

Clicky also offers a free service if you have only one website and a Pro account for a monthly fee. You get real-time analytics, including Spy View, which lets you observe what current visitors are doing on your site. Clicky's dashboard is simple to use and presents all the information you want to see clearly. They also have a mobile version that makes it easy for you to check your stats anywhere.

5. Mint.

Mint is an analytics tool that is self-hosted and costs $30 per website. You get the benefit of real-time stats, which you don’t get with the free Google Analytics. You can track site visitors, where they are coming from and what pages they are viewing. And Peppermill, a part of Mint, lets you make any adjustments to make it more compatible for your use with tons of free add-ons.

6. Chartbeat.

Chartbeat lets users get the most from their data with instant information. They keep constant watch on your visitors and what they are doing on your website. This gives you the information you need in order to make the adjustments necessary to your content or design. You get a free month when you sign up and after that plans start at $9.95 per month.

7. Kissmetrics.

Kissmetrics is another analytics tool that allows clients to track the movements of individual visitors throughout their websites. You can see how behaviors change over time, identify patterns and see the most typical and recent referrers, among other stats. It offers a “Timeline View” of visitor activity in an easy-to-understand visual format. You can try this service free for 30 days. Plans start at $149 a month, depending on how many events are tracked.

8. UserTesting.

UserTesting.com is a unique way to gather information about site users. You are paying for a group of participants of your choosing to perform a set of tasks on your site. The user and his activity will be recorded on video. In about an hour, you will have your feedback. You get to hear the actual thoughts of users in your target demographic. The cost is $39 per participant you choose. You may choose anywhere from 1 to 100 testers.

9. Crazy Egg.

Crazy Egg uses the power of Heatmap technology to give you a visual picture of what site visitors are doing on your Web pages. It shows you where people are moving their mouse on the page and where they click. There is a link between where people put the mouse and where they are moving their eyes. So, this kind of tracking helps you see what areas are catching the most attention and interaction from users. There is a free one-month trial with this service, and prices start at $9 month for 10 Heatmaps.

10. Mouseflow.

Mouseflow is somewhat of a combination of UserTesting and Crazy Egg. You can see video of users interacting with your website, including every mouse click and movement, scrolling and keystrokes. You also get to view heat maps from different time periods so that you can see the effect of changes that you make on your page. Pricing varies depending on how many sites you want to cover and how many sessions you want. For a single site and up to 100 recorded sessions, there is no cost. Over that, prices start at $13 a month.

What analytics tools have you tried out for your website? What do you like best?

John Jantsch is a marketing consultant, speaker and author of Duct Tape Marketing and The Referral Engine and the founder of the Duct Tape Marketing Consultant Network.

 

Source : https://www.americanexpress.com/en-us/business/trends-and-insights/articles/the-10-smartest-web-analytics-tools/#:~:text=Woopra%20is%20another%20tool%20that,site%20and%20their%20Web%20browser.