I am just thankful to be nominated. Did you ever
really believe that? Well, in Web analytics almost getting the statue (reaching
the goal) is really valuable information and could be what puts your blog on
the front page of Digg. Setting goals is more than measuring Web page traffic and
on its own, Google Analytics will not figure out what is the most important thing
you want visitors to do on your blog. You have to tell Google Analytics to keep
track of what’s critical to your business—and you do this with goals (Lofgren, 2012).
In
Google Analytics, there are four types of goals (Google, 2013):
- A URL Destination goal triggers
- A Time on Site goal
- A Pages/Visit goal
- An Event goal
For my blog, I have set up two different Goals:
- Time on Site of more than five minutes. It is important to me to have the ability to look at traffic that hopefully finds my content useful and has read at least one blog. The average reading time of one of my blogs is five minutes. I know this because Roy Peter Clark, vice president and senior scholar at The Poynter Institute, figures the average adult can read 200 words per minute (Wylie, 2012).
- URL Destination to a specific blog post. I have created a funnel to associate with this goal so that I can clearly see where traffic is going when they do not reach the goal and how traffic may be reaching the desired blog post, but taking another route. Measuring visits alone will not give you this incredibly valuable information that essentially translates into the low hanging fruit because once you set up a funnel, you can quickly identify bottlenecks and streamline the process to improve goal conversion.
But be careful, goal funnels really
only work when you require your visitors to move through a series of pages
(Lofgren, 2012). Additionally, funnels only allow you to set up ten steps. If
you need additional steps, split the funnel between two different goals.
An event goal is really the golden statue in many
cases, because it allows you to set up goals that are custom to your site. For
instance, I could set up an Event goal for my blog subscription, apply a funnel
and determine which blog posts are generating the most subscriptions. I may
find that by making a couple minor adjustments to the content in future blog
posts will improve my conversion rate. The
closer these metrics are to activities that generate revenue, the better
(Lofgren, 2012).
Avinash Kaushik is the author of
Web Analytics 2.0. In his book, he talks about quantifying the economic value
of your website and in the context of the example he uses, economic value is
the imputed value of an action taken on your website. The question you must
answer is, “As a result of this action by a Visitor, was any value created for
my business?” (Kaushik, 2010). Can you see how much more valuable this type of
information will be to you in comparison to simply measuring unique visitors?
I will use my blog as an example.
The economic value of a blog subscription for me is $4—the cost of an email address.
Now combine this with the Event goal to measure blog subscriptions and the
funnel I have associated with this goal. Now, I have an opportunity to the real
value changes to my blog have on the bottom line. Imagine doing this on your
company’s website. Congratulations on your new promotion!
We all see the world through our own filter, so should we not
look at our data using filters, too?
Filters are excellent to exclude
internal traffic to your site from your reporting so that you can have a clearer
picture of the activity taking place on your website from consumers. This is
just one example. You can also use filters to include a specific domain and
monitor traffic only on a subdomain. For my blog, I am dreaming of the day when
it becomes wildly popular and Mashable cannot help but reference my work in
tweets and blog posts. This would be an incredible accomplishment and right up there with drafting my acceptance speech for my blog Oscar.
Traffic from Mashable is something I definitely want to measure, but I also want to see if other tactics I have implemented to build relationships with other major influential bloggers is having any impact. I want to look at traffic to my blog that is coming from websites other than Mashable.
Traffic from Mashable is something I definitely want to measure, but I also want to see if other tactics I have implemented to build relationships with other major influential bloggers is having any impact. I want to look at traffic to my blog that is coming from websites other than Mashable.
To do this, I can set up a filter
to exclude the term ‘mashable’ in the domain. Therefore, no matter what page Mashable
includes links to my blog, I will not see that traffic in reports when using my
filter.
There is a very important piece to
remember when using filters. Once raw data has been passed through a filter,
Google cannot re-process raw data. Filters forever modify the data in a
profile. For this reason, we recommend maintaining an unfiltered profile
(Google, 2013).
Beginning with a fundamentall understanding in the
metrics Google Analytics provides you will provide you with a tremendous amount
of insight into consumer behavior and the activity on your blog or website. You
will be able to identify seasonal trends, where visitors are coming from, what
pages they are accessing the most and how often, and how many people find your
website or blog completely repulsive. These are just a few pieces of highly
valuable information you will begin to gather as you begin to understand
metrics.
Once you have a better understanding of who is
visiting your site, lay out who you want to visit your site and what paths they
will take to get the information they want. Try to think about them clearly and
identify a few different mindsets (i.e. a person who is in a rush and searching
to solve an analytics problem, a person who is looking for a thorough
understanding of goals and funnels and has all the time in the world). A person’s
mindset is going to impact the path they take on your site. Try to understand
these paths and set up goals to help you to better reach and engage with these
different types of people.
Goals, funnels, and filters will be the final key to
turning your blog into a well-oiled, money-making, machine. An Oscar winner.
References:
Google (2013). Google Analytics IQ Lessons.
Retrieved on February 25, 2013, from, http://google.com/analytics/iq.html
Lars, Lofgren. (2012, May). KISSmetrics. 4 Google
Analytics goal types that are critical to your business. Retrieved on February
25, 2013, from, http://blog.kissmetrics.com/critical-goal-types/.
Wylie, A. (2012, March 2). PRSA. The ART of the
short story: How long will it take to read your piece? Retrieved on February
25, 2013, from, http://www.prsa.org/Intelligence/Tactics/Articles/view/9637/1045/The_ART_of_the_short_story_How_long_will_it_take_t