Every Wednesday, I sit down and interview different metrics or report sections from Google Analytics. I ask the tough questions – and I expect straight answers! (This, obviously, is a fictional interview. However, if metrics or reports could talk and be interviewed, this is how I imagine their personalities being and how they would answer my questions. Hopefully this will be a fresh, interesting way to learn about the wonderful world of Google Analytics in a unique way).
Joe Teixeira – “Hey there Bounce Rate, how’s it going?”
Bounce Rate – “Hey Joe! Right now I’m doing great and flying low…but tomorrow I may be down on my luck…”
JT – “Well, why do you say that?”
BR – “There’s a reason my name is “Bounce” Rate – sometimes I’m very low and loved by everyone – other times, when I’m a bit higher, I’m scrutinized and examined like a Wall Street executive on Capitol Hill.”
JT – “Well, you’re a very important metric, Bounce Rate. People really seem to love you when you’re low…”
BR – “I know, I know…it’s just…why can’t they always love me, even when I’m high? I mean, I’m just a metric…why can’t more people look at other things, too?”
JT – “Are there any other places that you want people to start paying attention to?”
BR – “Yeah – and I hate to put him on the spot, because we go way back – but people should look at me when they’re looking at Top Landing Pages. I mean, it’s a great place for everyone to find out how effective each one of the pages of their website are as an entry point, as a landing page.”
JT – “So you feel as if people may be looking at you in a way that you feel is not necessarily the best?”
BR – “Oh yeah, absolutely! When people look at me on the Dashboard, they either love me or hate me – there’s never any middle ground. Well, I think people should really go beyond the Dashboard and see me when I’m broken down by each individual landing page or keyword!”
JT – “Have you talked to Top Landing Pages or Keywords about this?”
BR – I talked to Top Landing Pages – he agrees with me. It’s hard to get a hold of Keywords now a days, though. A lot of requests for him, you know…”
JT – “Sure, I bet.”
JT – “Let’s move on. What percentage makes you happy? 25%? 30%? 50%?”
BR – “See, there you go. You’re just like everyone else; you want a fixed percentage for me. Why can’t anyone accept me for who I am? Sometimes I can’t be 25% – but that doesn’t mean 25% is too high. Other times I can’t get lower than 60%, but – in a lot of industries – 60% is really good! Yet so many people tell me “I want you to be 15% across the board”, and depending on the site and the industry, I just can’t get that low…I just can’t…”
JT – “I’m sorry – I didn’t mean to hurt your feelings. But you’re so great at pointing out to [most] of us the pages, keywords, and even the site search terms that we need to focus our optimization efforts on…sometimes we get greedy and we want you as low as possible!”
BR – “It’s not like I’m not trying to be low, Joe…I DO try…but there’s nothing I can do when sometimes there are just so many bounces that have to be divided into the number of entrances…if people just focused more on helping me be lower, rather than yelling and cursing at me for not being low enough, I probably would be much lower over time!”
JT – “I agree with you. One final question before I let you go: recently, Google Analytics has decided that your long-time friend, setVar, would no longer be counted as an interaction hit. Have you spoken to setVar at all since the announcement?”
BR – “Yeah, I talked to setVar a few times – he’s sorrier for me than I am for him, because now that he’s not an interaction hit, I’m going to go up at least a few percentage points here and there. But I’m OK – and I’m happy for setVar, you know. I think it’s important that he’s classified and tabulated properly from now on.”
JT – “Thank you, Bounce Rate. Hang in there…”
BR – “OK, thank you…I will…”
Tune in next Wednesday, where my special guest will be the notorious Average Time on Site. You won’t want to miss it!
Happy New Year readers! 2009 is going to be a comeback year for everyone – I can really feel it! Let’s make the most of this fresh and exciting New Year by stepping away from our Analytics kingdom for just a little while and focusing on our Site Intelligence efforts, such as, stepping onto the dark side…I mean…your competition!
While it is illegal to use “black hat” techniques to keep tabs on your competition (such as using “spy ware” type software programs), keeping your eyes and ears open to what your competitors are doing is a critical part of being successful online. Knowing what your opponents are up to can give you great ideas and inspiration for your own website or marketing efforts. It can (and should) also serve as an alert or warning system as to what not to do online, which can be equally as important for you.
Here are just some of the many different things you can do to stay on top of your competitor’s efforts:
1. Visit their website!
Pretty simple, right? If you know the URL of your competitor’s websites, check it out to see what they have going on. Pay close attention to how they market to their potential customer base, the language they use, and the type of sales angle that they incorporate. Be observant of the layout of their website, color scheme, navigation, and – of course – products and services offered.
2. Search for them online
See how successful (or how futile) their online marketing efforts are by searching for their brand name. You don’t have to click on their ads or organic search results – just look them up on Google and Yahoo a few times. Here, you’ll want to take note of how aggressive / passive their marketing language is, and what incentives / discounts / promotions they are offering.
3. Sign up for their newsletter / monthly email alerts / RSS Feeds
This is an excellent way to learn “what’s hot” with you business adversaries. Normally, your competitors will promote the latest and greatest product or service to their email database, including any speaking engagements or other important announcements that they have. Learn how they speak to their database and what re-marketing efforts they are using, and consider similar methods for your own Email marketing efforts (if they are using good methods).
4. Check out their social media / blog / viral marketing programs
Are your competitors present in Facebook, LinkedIn, and Twitter? Do you know what StumbleUpon and Digg are? When was your competitor’s last blog post? If your competition isn’t focusing on any of these newer mediums, then this is an excellent opportunity to gain ground and establish a presence before they catch on. If they are already engaged in Social Media efforts, consider subscribing to their blog, their RSS feed, and “follow” or “connect” with them. They will most likely speak to their audience much differently in these mediums than they will on their website or newsletter – take note of what they are saying and doing here.
5. Do your competitors advertise / market offline?
Have you seen your competitor’s brand and products in a magazine or newspaper? Are they running a late-night infomercial or day-time TV ad? Have you heard their phone number repeated 9 times in a 30 second radio spot on your drive home from work? You may not be able to afford these mediums as they are FAR more expensive than pay-per-click advertising, but it’s good to pay attention to their offline messaging – visit their site the next time you’re in front of your computer and see if there is a connection between the ad that you read or heard and their website.
6. Look at your Referring Sites / Hostname / Domain Name Reports
Your analytics package should be able to tell you what websites have been sending you traffic, and, what domains are delivering you traffic. This is a great way to tell if your competitors are checking you out. Fight the urge to block out or exclude this traffic from appearing in your reports – keep this valuable data in your analytics package. If your competitors are really checking you out, chances are that you are doing something that has caught their attention, and you are most likely going down the right path.
7. Enable Data Sharing / Benchmarking (with Google Analytics)
Google Analytics allows for you to compare your basic website’s metrics against the averages of websites that are a similar size to yours. This is available within the Visitors >> Benchmarking report. The catch: You must anonymously share your data with Google and other services, such as AdWords, to be able to have access to this section. The benefits of knowing how you stack up against websites in your industry – and across every available industry in this section – far outweigh the risk of anonymously sharing your data with Google (keep in mind they already have your website data when you use Google Analytics, so it’s not that much of a leap of faith to enable Data Sharing in your Google Analytics account).
8. Use online research tools like Google’s Insight for Search!
Finally, get a grip on historical and current trends of keywords and key phrases with free programs like Google Trends for Websites and Google Insights for Search. You can perform searches for your competitor’s brand names and products, and you’ll be able to gauge the level of interest at global, national, and regional levels. If there are terms or key phrases gaining popularity that your competitors are using, you may want to consider jumping on those while they’re hot.
Checking out what your competition is doing can help guide your own efforts, as you learn what to do and what not to do. However, always keep in mind to play fair and behave in an ethical fashion – NEVER slander, defame, or bad-mouth your competitors on your website, your blog, or on your MySpace page. Don’t click on their pay-per-click ads, never subscribe their contact or info email to spam mailings, and refrain from posting negative reviews of their YouTube videos or their Local Submission listings.
Have a great 2009!!!
Ever since Google Analytics officially released Advanced Segmentation about a month ago, I haven’t been able to stop using it. How can you blame me? It’s awesome to slice and dice data in ways I could never have sliced and diced data before – and the things that I can learn about my website’s data are invaluable.
Here are three of my favorite advanced segments (so far) with Google Analytics. In parenthesis below, I outline what each segment means. The first segment is a default segment; while the second and third segments are custom advanced segments (The names of the second and third advanced segments are also “custom”):
1. Visits with Conversions / Visits with Transactions
(All Visits that have converted / made a transaction at some point in a visitor’s history with the website).
As I mentioned above, this Advanced Segment is one of the “default” or “pre-packaged” Advanced Segments that Google Analytics provides, without having to create your own. And, it’s one of the best ones. With it, you can see how visitors that have performed the actions that you have defined are behaving, what pages they are landing on, how often they return to your site, and anything else that you wanted to know, but were afraid to ask. You can learn a lot about your converted visitors with this segment (and get insights and ideas on what you can do to get them to convert again).
2. The Power of your Brand
(Dimension: Keyword; Condition: Contains; Value: the first word of company name; AND Dimension: Time on Site; Condition: Greater Than or Equal To; Value: 30; AND Dimension: Pageviews: Condition: Greater Than or Equal To; Value: 3)
Would you care to know how strong your brand name is, and how engaged visitors are that used your brand name or company name as their search term? This segment can give you excellent insight to your customers or potential clients who already know you by name, which means they are well beyond trying to find you, and are most likely closer to reaching out to you, or buying from you.
3. Social Media Awareness
(Dimension: Sources; Condition: Contains; Value: The name of any social media site: Facebook, MySpace, LinkedIn, Digg, Delicious, StumbleUpon, etc…)
Measuring the traffic that your website receives from social media platforms is becoming increasingly important towards these last few months of 2008, and you can expect Social Media to really become important in 2009. This advanced segment puts you in the game by allowing you to see all of the traffic from the more popular social media websites that are out there. Monitor this segment over time to get a feel for how interesting and engaging your social media initiatives are – if they are interesting, and if you have a strong social media presence, traffic will start coming your way before you know it.
BONUS Advanced Segment:
4. Are You Experienced?
(Dimension: Visitor Type; Condition: Matches Exactly; Value: Returning Visitor; AND Dimension: Days Since Last Visit; Condition: Less Than; Value:7; AND Metric: Time on Site; Condition: Greater Than; Value: 180; AND Metric: Transactions; Condition: Greater Than or Equal To: Value: 1)
This Advanced Segment excludes all pretenders, rookies, and newbies, and focuses on allowing you to analyze what your most experienced, best customers are doing. Use the clues that you find in your reports after applying this segment to learn what makes your best customers tick, and compare that against your customers who do not engage with your website at this level.
There are thousands of different possibilities with Advanced Segmentation, which means that once you start creating your own, you’re bound to come up with an advanced segment that will meet your specific needs, answer your specific questions, and become favorites of your own.