6 Digital Marketing Analytics Tips That Will Get You Closer To Your Customers
To measure your digital marketing efforts and make data-driven decisions, you need to interpret data and find trends. Here are six tips for getting started with digital marketing analytics.
By delving into trends form your website, social media, email campaigns, and lead sources, businesses can refine their online presence and focus on the most lucrative avenues for revenue generation. Whether it's fine-tuning sales funnels or responding to search engine rankings, utilizing analytic tools equips you with the data needed to make informed decisions and stay ahead in the digital game.
1. Use Google Analytics to measure and improve your website’s performance.
The popular analytics tool helps marketers track traffic and monitor engagement, conversions, and demographics.
With this data, you can make informed decisions about improving your site. However, you must also ensure that your analytics tool is set up to measure the right data.
You can use Google Analytics to determine what content is most popular, where your traffic is coming from, how long visitors stay on your website, and what people are looking at.
Analytics is used by almost every webmaster in the world, including some of the biggest websites on the internet.
If you are not using Google Analytics, you are missing out on valuable information that can help you improve your website.
2. Look for trends in your social media and email campaigns
Social media and email marketing are two of the most effective ways to get your brand out there.
So, when reviewing your analytics, be sure to examine trends for each of your social media and email campaigns.
Do you notice a spike in website visits after you advertise on Facebook?
You could take that data and build more targeted social media campaigns if you do.
Or, if you notice a spike in email opens after you send out a certain type of email, you could craft more of those for your next email campaign.
3. Track where leads are coming from and how much revenue they’re bringing in
Many small businesses struggle to understand how to grow with online marketing.
They don’t know where to start or where to focus their energy.
When it comes to marketing, they don’t know how to track their progress and make sense of their marketing analytics.
Tracking all metrics is essential to getting a clear picture of what’s working and what isn’t.
Once you know what kind of traffic is coming to your site, you need to learn how to manage that traffic effectively.
One of the best ways to measure your web traffic is to track the kind of traffic you’re getting and how much revenue that traffic is bringing you.
Digital analytics tools or a digital marketing agency can help you see which sources send you the most traffic and how much revenue that traffic generates.
This allows you to focus your efforts on the traffic, bringing you revenue and traffic and offering you potential new revenues.
4. Use conversion funnels to get the most out of your sales funnel
Funnels are a great way to get a better understanding of your users.
They help you understand whether your marketing is working, where users are dropping off, and what can be done to fix the problem.
The general concept of a sales funnel is that you have a goal, usually a conversion, and a path you want people to take.
This path has several steps. As your visitors progress through the funnel, you want to help them get closer to their goal.
Eventually, they will reach the end of the funnel, after which they will have progressed to the point where they have interacted with your brand, you have added them to your database, and they have taken the next step in the sales process.
5. Find out what search engines are saying about you and how to respond to that information
When you use Google to search for information about your company, you get a list of search results.
Google is not, of course, the only search engine. But it is the most popular.
And the way it ranks your website in the search results says a lot about how Google sees you.
For example, if you are searching for a local carpet cleaning company and a carpet cleaning company in a different city comes up at the top of the search results, Google may have a few questions about the company.
It may have a name similar to your company's so Google considers your listing as duplication.
Or the company is actually your competition, and Google wants to point you to a local company. Or it could be something else entirely.
Whatever the reason, it doesn’t matter.
The point is that Google will likely rank that company higher than yours, which means you need to know about it.
You can find out what Google says about your site using a tool like Moz’s Open Site Explorer.
6. Understand attribution models to learn where customers are coming from via paid media or organic sources
Measuring the effectiveness of your digital marketing efforts is a vital way to ensure your strategy is on track.
But how do you know which data points to look at, and how do you interpret them?
The most common way to measure digital marketing effectiveness is to compare the traffic and conversions that come to your website through paid advertising vs. organic searches.
This is the simplest and most basic way to measure the success of your digital marketing strategy.
However, even if you only pay to advertise, you can still use attribution models to help you understand where your customers are coming from.
Attribution models help you understand the various paths a customer takes to find your website and ultimately become a customer.
Are they coming to your website via an organic search or a paid ad?
As a marketer and business owner, you need to know where to allocate your time and budget best to get the most return on investment.
Conclusion
Your analytics provides you with a compass for navigating the digital world, guiding businesses to understand their audience and refine their strategies.
It's the key to unlocking a deeper connection with customers, optimizing marketing efforts, and driving success in an increasingly competitive online arena.
Utilizing its comprehensive data and insights can be the difference between getting lost in the digital noise and charting a course to meaningful growth and profitability.