Improve Your eMarketing ROI by Measuring Goals

Defining goals on your website is an important step toFor instance an e-commerce site will likely require that
measuring the ability of your website to achievethe user add an item to the cart, push the check-out
business objectives. Probably the best way tobutton, fill in their mailing & billing information, then
measure the effectiveness of your goals is thepurchase the product. You can measure how many
conversion rate. The conversion rate is the totalvisitors move from one step to another in the process
number of desirable outcomes divided by the numberthereby learning where visitors are leaving and where
of attempts to reach that outcome. The result is ayou're losing potential business.
percentage that will indicate what portion of site(In Google Analytics, you access the goal & funnel
visitors successfully achieved your goal. If you'recreation page by clicking to Edit Settings from the first
confused with the math, don't worry; your webscreen when you log in to view your stats.)
analytics software will run the calculation for you.Your web analytics software is also able to tie a
Using standard web analytics software, such asmonetary value to each goal that is completed. For
Google Analytics, you can set up and track a numberinstance, if the average order value of a completed
of goals that are important to your business. A goalshopping cart is $50, you can tell your software that
can be any measurable event such as a completedeach goal is worth $50. Because your analytics
checkout on an e-commerce site, a successfulsoftware knows the source of your website traffic,
subscription to a newsletter, a download of a PDFyou can now measure the ROI of all your Internet
whitepaper, or a request for more information from amarketing activities. Every goal conversion that is
'Contact Us' form.attributed to an email message, paid search ad, or
In order to track the conversion rate for various goalsbanner ad is now tracked and measured for its value.
on your website you'll need to ensure there is aArmed with all this information you can now set out to
success page that is served to the user once the goaltweak your marketing tactics to improve your ROI.
scenario is complete. This page cannot be reachableYou can also start making changes to your website to
by any other means, or your numbers will be incorrect.optimize goal processes and increase your conversion
All visits to the success page will represent arates.
successful conversion in the analytics software.Now you truly know the effect your website has on
If there is more than one step in the process to reachthe bottom line.
a goal, you can set up a funnel to track these steps.