Monday, July 1, 2013

Google Analytics: The Importance of Goals, Funnels, and Filters


            Google Analytics offers businesses several ways to quantify the success of a website by through the creation of goals, funnels, and filters.  These three tools work in conjunction with each other to outline what measure for success you are tracking (goals), how consumers make their way to that goal (funnel) and whom you should include or exclude from the results (filter).  Having established the basic principles of these tools, let us take a deep look into step of the processes and examine how these tools can help provide actionable information to businesses leaders.
            The first step of this process is to understand the goals for your particular website.  For example, an ecommerce website might want to monitor sales conversions or at what stage in the purchasing process a shopping cart is abandoned.  On the other hand, a strategic consulting website might be more interested in how many people share a link to its latest seminar or how many times a whitepaper is downloaded.  Lastly, a blogger or entertainment site might be more concerned with overall visitor engagement and how long users stay on the website or how any pages they visit before leaving.  Each of these goals is valuable for different reasons and not all of the goals are equally applicable to each website. 
            A great way to help define your goals is to ask yourself what you are hoping the user to accomplish when they visit your website.  Here are some though provoking questions to get you thinking about which goals make sense for your company;

            Once you have identified what metrics define success for your website, you can begin to create your goals.  Google Analytics makes this step very easy; the goals tab is under “conversions” on the left hand side of your screen (as seen in the adjacent screen cap).  Once you click on goals, you will be taken to a screen where you can fill in the tabs to create your goal (changing the settings depending on the type of goal—URL destination, time on site, page/visit, and event). 
Each specific type of goal has its own parameters for measurement and Google will automatically help you establish these depending on which type of goal you create.
            Before we move on to funnels and filters, it is important to further define the difference between each type of goal and how they could be useful for different types of businesses.  The first type of goal you have the option of creating is the URL destination goal.  These are the most common types of goals tracked and thesegoal types simply track when a user enters a specific page on yourwebsite”.  This type of goal is useful for tracking if specific pages on your site are being visited.  If you choose a URL destination goal, you will also be prompted for which type of URL match you consider a success. Google allows you to check “exact match”, “head match”, or “regular expression match”.  These terms are described by Google Analytics as:



Site duration is another common goal, and this can be set up for any amount of time you
deem a success.  Google also allows you to track “less than” or “more than” time segments.  This
feature is important for businesses to understand how much time is spent on a site and if there are certain pages that are leading to greater abandonment or engagement.  Another metric is the page/visit goal.  This allows businesses totrack the amount of page views per visitor. … Each individual is tracked for the amount of pages they viewper visit and will only complete your goal if they are above or below thenumber you set”.
            The last type of goal to track is an event.  This allows you to easily track specific actions, such as downloading white papers or forwarding on a specific link.  This is important for businesses because it shows Which ones drive the most or least clicks?Which ones drive the most or least conversions?” .  By understanding which “offers” (ads, whitepapers, downloads, shares, etc.) consumers find most engaging/valuable, the company can begin to target its content and offer more value to the consumer, encouraging more frequent visits and long-term loyalty.

    After establishing goals, you can begin to customize your tracking by creating funnels to track how the consumer is experiencing and using your website. Every customer has to click through your website to get to
their end goal, and funnels allow you to see the journey they take and if there are any bumps in the road.  To the right is a great visual of the funnel in Google Analytics.
 “Funnels help us see this process (or processes) easily, by giving us a visual representation of the conversion data between each step. This allows us to:
                        The last step of the goals process is to then include/exclude certain sources of data.  This
is known as the filtering process.  Google Analytics makes it simple to block certain ISP addresses or to allow others.  This helps a business because it can exclude internal work networks or employees from key statistics, making the final data much more accurate. 
            Overall, Google Analytics makes it easy for a business to create and track its goals over time.  This is important for a business leader because it allows for informed decisions based on data rather than gut intuition or feeling.  For instance, a businesses leader can gauge the success of a certain campaign through the site visits or URL destinations, or he/she can understand if a certain event (ex: downloading inforgraphic) was a success based on the number of downloads. The funnel is also a crucial part of the measurement process because it shows how consumers use the website and if there is room for improvement (ex: making the pathway to achieving an event easier through less clicks or reworking pages with short duration visits).  All of these goals help the business leader create better content and offer a better user experience, which in the end will help increase goal completions (whether that is sales conversions, engagement, etc.). 

No comments:

Post a Comment