The
return of our company's digital strategy will depend largely on customer
acquisition and its user behavior and experience. This return will be greater
as our company is more introduced in online marketing and lead acquisition
through the web or social platforms.
Web
or digital analytics when we include other digital channels measures and
analyzes the behavior of users on the web and in social networks where we have
a presence.
Having
data on this behavior will allow us to know our performance and make decisions
based on data to improve the user experience on our website or online
commerce.
To
hire the best Web analytics firm is necessary since
the metrics and the indicators of success (KPIs - Key performance indicators)
will be different according to the objective of our website.
It
is not the same to measure electronic commerce focused on conversions (sales)
or a website to generate leads than a corporate website that aims to increase
the brand image and awareness about its products or services. Some key
indicators could be:
Conversion rate:
Visitors
who perform the desired action / Total visitors = conversion ratio This ratio
is perhaps the main one of online commerce since in this case, the action that
we want the visitor to do is a purchase action they buy for what the visitors
who do will measure This purchase compared to total visitors. And to know this you
will need Orange
County web analytics.
An
increase in the conversion ratio while maintaining other fixed variables will
lead to a direct increase in turnover.
Average value per sale
(Average order value, AOV):
Total
sales / Number of orders = average value per sale The average value of each
sale is a key indicator for electronic stores as it has an immediate effect on
the billing and profitability of each sale.
We
will seek to maximize the average value of each sale since increasing this even
maintaining the number of customers will generate an increase in turnover.
Also, as we have logistic costs attached to each shipment, we will minimize
these, which will increase profitability in most cases.
The average cost per
conversion (Average cost per conversion ACC):
This
indicator is very useful since it shows us what costs we have to generate each
conversion. We will have to make sure that we optimize our campaigns to keep
this average cost as low as possible and always below profitability per
conversion to ensure that our trade is profitable in the medium and long term.
On
web pages whose objective is not to generate direct sales, but which are
focused on improving the company's brand image or are informative, we will
focus on other metrics more related to the consumption of the information we
offer.
If
you want to know more information on this, you can get in touch with Top web analytics company Orange County.
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