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Leveraging Key Performance Indicators To Determine The How And Why Of User Behavior



Y


ou just invested your           (visits that go beyond the        
entire interactive              landing page), visits to key      
marketing budget on a           content, online campaign          
complete overhaul of your             performance and several others    
website. Even better, you have a      depending on your site            
marketing strategy in place and       objectives.                       
have a killer web analyst to                                            
report website behavior mapped        Without a doubt, KPI reporting    
back to your business objectives.     allows analysts to really         
The site launches and everyone is     quantify the activity on your     
anxiously awaiting the first          website. It does not, however,    
analytics presentation. Let the       provide a clear picture of the    
web analysis begin!                   "why" or the "how" behind the     
                                      "behavior". You may be scratching 
Wait! Not so fast.                    your head…that's okay, I'll       
                                      explain.                          
The basis of many web analytics                                         
programs these days is the KPI        Take a step back for a moment and 
scorecard. Short for key              ask yourself this:                
performance indicators, KPIs are                                        
metrics that are tied directly to     • Do you know who is coming to    
your business objectives. These       your website?                     
are very powerful tools for           • Do you know why they are there? 
communicating visitor behavior        • Do you know for certain what    
and gaining executive buy-in when     your visitors are trying to       
major changes are needed on your      accomplish?                       
website. Your KPI scorecard           • Do you know how their online    
likely has some of the basics         experience affected their         
like traffic volumes, conversion      perceptions of your brand?        
rates, landing page "stickiness"      • And, do you know when they will 



follow through on the call to         touting the benefits of saving    
action?                               money by using an online          
                                      financial institution.            
Yes, interactive campaigns do                                           
enable you to get a better            Thinking this is an extreme       
understanding of your customers       example? Maybe.                   
more so than any other medium                                           
today. You probably have some         The bottom line is that website   
answers to these questions in the     (behavioral) data is only going   
form of "X% of visitors access        to give you half of the story.    
the site directly, another X%         Your next step, to fully leverage 
from search engines and another       the power of interactive, is to   
X% from another site. 60% of          understand the other half. Here   
visitors seek us out by using a       are a few ways you can get        
branded term and look at product      started.                          
information during their visit."                                        
It would be a real stretch to say     Attitudes, Attributes, and        
"60% of visitors are young adults     Perceptions…Oh My!                
with moderate to high income for                                        
their age, who are willing to         The marketing mix is evolving to  
take risks with their money, but      be multi-channeled and            
will only do so if they know they     multi-directional and so          
are getting something in return       naturally brand building is       
like an exceptional rate with low     extending to online. At a very    
banking fees, convenience of no       basic level, successful brands    
restrictions on money transfers,      are reflections of positive       
etc. This is much different from      customer experiences. The truth   
the double income households with     of online is that visitors will   
college-bound teenage children        form opinions of your entire line 
that you have been targeting by       of products, services,            



characteristics and brand             site. Looking at this information 
identity in a matter of seconds.      as part of your monthly KPI       
                                      analysis will help you identify   
Adding pre-visit and post-visit       shifts in attitudes so that you   
surveys to your website will help     can proactively respond with      
you determine the degree to which     refreshed features.               
the experience supports your key                                        
branding elements. Ask the same       Experience the Difference         
questions of both visitors who                                          
are just entering your site and       For more than 10 years, the       
of visitors exiting your site.        American Consumer Satisfaction    
Identify the differences.             Index (ACSI) has found there to   
Ideally, you will find the online     be a significant relationship     
experience supports your              between customer satisfaction and 
branding, in which case your pre-     financial earnings. In            
and post—responses will be the        particular, the research shows    
same, if not higher. Consider         that companies have benefited     
including questions to address        most from improving customer      
your brand positioning,               satisfaction relative to the      
personality, imagery and              competition by concentrating on   
attributes.                           improvements that lead to the     
                                      greatest marginal increase. These 
Then, tie your survey responses       improvements may not always be    
back to website behavior to see       what customers state are most     
which content or features             important.1 Whether you choose to 
contribute to the experience. For     implement the full blown ACSI     
example, a visitor who thought        instrument or ask a few site      
your site was particularly            experience questions of your own, 
engaging may have spent some time     the benefits are obvious.         
with an interactive tool on your                                        



To get started on your own,           the "why" question that senior    
identify strengths and areas of       executives always ask.)           
opportunity by surveying visitors                                       
on their experience with content,     Give It Another Shot              
functionality, navigation, etc.                                         
Then, compare this experiential       Your web analytics tool will help 
data to visitor expectations and      you understand the top paths that 
intent to convert. This data will     lead to conversion. These paths   
help you identify the primary         represent the pages and           
drivers of satisfaction.              activities that visitors engage   
                                      in during a visit in which they   
Not all visitors are alike, so        convert. For visitors who leave   
ask questions to understand the       without converting, find out why. 
reasons for their visits, what                                          
they are looking for, and what        The key here is to keep your      
other sites they have visited. As     questioning very brief, while     
you begin to segment visitors,        trying to understand ways to help 
you will begin to find ways to        prospects find their way. You'll  
make incremental gains. Always        want to drop questions at         
integrate website behavioral          critical points where visitors    
data. This is where you will see      fail to take the call to action.  
the real power of this                (This is where you should consult 
methodology. Not only will you        with user experience experts on   
understand what visitors are          the most appropriate way to       
looking at, but you will begin to     implement this type of            
understand why. Together, this        questioning so it seems           
will make a powerful mechanism        integrated into the experience.)  
for understanding and building                                          
loyalty. (Not to mention that you     Your objective here is to         
will finally have an answer to        understand what visitors are      



looking for, if they found it,        questions in your online survey   
why they didn't convert, if they      where appropriate. This is your   
intend to come back, and if their     opportunity to acquire additional 
experience was one worth              information to help with your     
mentioning to a friend. Create        targeting. Include qualifying     
another opportunity to convert        questions to determine if         
these prospects by offering a         visitors are likely prospects -   
call to action at the end of your     your target audience may not      
questioning. For a lead               always be the audience who is     
generation site, this may be          actually accessing your site.     
offering a link to an application                                       
or contact form or perhaps a          There are many ways to approach   
phone number for customer             website survey research. When in  
service. For visitors who didn't      doubt, start small. Use your      
find what they are looking for,       experience and learning from each 
offer a link to take them there.      survey to build the next.         
Optimize the site based on your       Interactive marketing gives you   
findings and watch your               an opportunity to develop a       
conversion rate on your KPI           greater understanding of your     
scorecard improve.                    customer than any other medium.   
                                      Understanding the complete        
DFD – Don't Forget the Demos          picture will help you improve     
                                      your bottom line.                 
Always ask a few demographic          

                              




About the Author:

Lisa Mazzarese writes about SEO, SEM and search engine optimization


Read more articles by: Lisa Mazzarese

Article Source: www.iSnare.com


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