Monday, July 1, 2013

Using Google Analytics to Measure Business Objectives

            Google Analytics has many features and reports that enable users to track and segment website performance.  A few of the most important features available are related to measuring a company’s objectives.  Before jumping into tracking conversions or measuring performance, a company needs to have clearly defined objectives.  These objectives should be measurable.        Once objectives are established, then goals can be created.  Goals are the specific strategies that are used to achieve business objectives (Kaushik, 2010).  In Google Analytics, a goal is a Web site page that helps generate conversions for your site (“Lesson 6”, 2013).  Some examples include a ‘thank you’ page after a user has submitted information, a purchase confirmation page, or just a particular page that is deemed valuable.  There are four different types of goals that can be set up in Google Analytics.  They are URL destination, visit duration, pages/visit, and events.  As we explore each goal in more detail, I will include my personal experience with utilizing these goals on my blog.

URL Destination
            The URL Destination goal tracks specific URLs within the site that marketers consider a conversion.  This type of goal is ideal for ‘thank you’ pages, confirmation pages, or PDFs (Lofgren, 2013).  To gain more experience on how this goal tracks, I implemented it within Google Analytics for my blog.  I chose one blog post URL to track.  So far it does not have any conversions, which means no one has ventured to that page yet.  My goals were only set up a week ago, so I hope to see improvement over time.

Visit Duration
            Visit duration helps marketers understand visitor behavior on the site.  Google Analytics tracks visit duration across the site and it is a dimension that can be used when segmenting data.  Using visit duration as a goal allows marketers to establish a benchmark to view collectively how visitors are interacting with the site.  When setting up this goal, marketers can choose any length of time, including hours, minutes, and seconds.  They also decide whether the goal should trigger greater than or less than the specified amount of time.  If a company has refreshed their website or changed the functionality, this report can help them understand if users are interacting with more or less pages.

            Visit duration is another goal I implemented on my blog to see how much time users were spending on my site.  Since my blog only has 5 posts, there is not a lot of content to consume.  I set my goal to trigger when users spend more than 1 minute on my blog.  While the traffic to my blog is low, and I only implemented the goal last week, I have had 2 visits last longer than 1 minute. 

Pages/Visit     
            The pages per visit goal triggers after a defined number of pages have been visited in one session (“Lesson 6”, 2013).  This goal measures the engagement a user has with the site.  Specifically for retail or e-Commerce clients, this can track how many pages of products users browsed.  For my blog, this was an insightful goal to implement so I could tell how many people were viewing multiple posts.  Since I only have 5 pages, I set my goal to trigger when someone viewed at least 2 pages.  This is an important engagement goal for my blog.  Since implementing, I have had 2 visitors view at least 2 pages.  Considering I only had 11 visits in that same time period that is almost 20% of visits viewing more than one page. 

Event
            An event goal tracks an action taken on the site, which is usually unable to be tracked by a unique URL.  Events can track external links on the site, downloads, social media buttons, or time spent watching a video (Lofgren, 2013).  I have not implemented event tracking yet, but will be experimenting with it in the future.

Goal Values
            An additional feature that Google Analytics provides with each of its goals is the ability to add a goal value.  For example, marketers could put a dollar value on a download or a submission form completion.  Google Analytics will assign the dollar value whenever a goal is completed.  To test this feature, I used a $10 goal value for each of my implemented goals on my blog.  As you can see below, my current goal value is $40 because I have had 4 goal completions.  My number is arbitrary, but this can be a great tool for websites to value actions differently.

Funnels
            A funnel represents the path marketers want visitors to take in order to complete an action or make a conversion (“Lesson 6”, 2013).  For example, to make an e-Commerce purchase, users would put an item in their cart, enter shipping information, enter billing information, review information before purchase, then complete purchase.  Each of those pages can be tracked in a Google Analytics funnel, which can help marketers visually see trends such as user abandonment.  Below is an example of a funnel report.

            I do not have enough content or conversions to warrant implementing a funnel on my blog, but I believe marketers should take advantage of this feature.  It is important to understand visitor behavior at each step a user takes to complete a desired action.  If the drop off is high on one particular page in the process, then marketers can focus on optimizing that page.  Once optimizations are made, marketers can use the funnel report to see if the drop rate on that page decreased.

Filters
            One last feature to discuss is filters.  Filters can be applied to the information in Google Analytics to report only on certain data.  Filters can be set up to exclude visitors from a particular IP address, to report only on a sub-domain, or to convert dynamic page URLs to readable text strings (“Lesson 6”, 2013).  An example of how I could use filters on my blog would be to exclude my personal IP address so my reports would not include traffic from myself.  This would make my reports more accurate. 

            Google Analytics goals, funnels, and filters are all valuable features that marketers can use to measure performance of a Web site.  Specifically, they can help measure business objectives and provide actionable data for optimizing specific URLs to conversion paths.  Implementing goals on my blog has helped me understand how users are interacting with my site.  As I post and promote more content, I will be tracking how my goal metrics change.


References

Kaushik, A. (2010, April 19). Web analytics 101: Definitions: Goals, metrics, KPIs, dimensions,   targets. Occam’s Razor Blog. Retrieved on May 29, 2013 from http://www.kaushik.net/avinash/web-analytics-101-definitions-goals-metrics-kpis-dimensions-targets/

Lesson 6: Successful approaches in Google Analytics. (2013). P.I. Reed School of Journalism, WVU. Retrieved from https://ecampus.wvu.edu/webct/urw/tp0.lc5116001/cobaltMainFrame.dowebct

Lofgren, L. (2013). 4 Google Analytics goal types that are critical to your business. KISSmetrics [Blog]. Retrieved on June 30, 2013 from http://blog.kissmetrics.com/critical-goal-types/




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