How Can Analytics Help Your Online Business?
How Can Analytics Help Your Online Business?
One of the most important aspects of an online business in the twenty-first century is analytics. A lot of people do not use analytics and one of the reasons they do not is because they fail to realize the importance of this aspect of their business. Most of them do not realize the power behind analytics, so they tend to just leave it out.
The first reason to use analytics is to analyze pages. You can easily tell who is coming to visit the website and where they are coming from. By determining which websites are sending traffic to you, it is possible to target more specifically more of the same traffic.
Analytics can help you to make better marketing decisions. You can tell which pages that people are visiting on your website and you can tell where they are when they click off of your site. You must remember that if you are spending a large amount of money on advertising each day, you will be throwing a lot of money away if you are not utilizing and analyzing the metrics.
Peaks and valleys are two other aspects that you need to keep an eye on. Measuring the high peaks of traffic and where it came from will be very valuable information for you. On the other hand, being able to recognize the severe drop in traffic and determine why this has happened will also be beneficial.
There are many companies on the internet that analyze web traffic. Some of the areas that can be analyzed are social media, pay-per-click and general web traffic. Even though there are many companies on the internet that offer analytical services for webmasters, many of them charge for their services. Some of these companies are very expensive, while Google Analytics is a free service offered by Google.
Google Analytics is not capable of analyzing every detail like some of the services that you have to pay for, but you can get a lot of information such as the entry page. This will tell you which page on your website is being used to enter your site. The entry page could be your home page, a promotion page, or perhaps a landing page. Knowing which page is being viewed the most will also be beneficial.
Another critical piece of information that Google Analytics can tell you is your bounce rate. If your bounce rate is high, you will want to determine the reason and correct it as soon as possible. If people are not staying on your page for long, the reason could be that your author is not good or your design needs to be worked on. You will also want to examine your analytics to see where people are exiting your website. This can be very useful information. If someone leaves your site after only seeing the home page you will know that your page needs improvement. It is a much better result if people stay on your website longer and visite more pages.
One important area that can not be analyzed by Google Analytics is social media. It also can not track viral marketing or blog commenting, and it is impossible to judge the mood of people who are responding to your marketing. Google Analytics is certainly a tool that you should check out, jump in and see what kind of information you can obtain from it. When you are ready to find a more in-depth system, just search the internet for reviews on paid services.
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