Analyzing Your Market Campaign
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Analyzing Your Market Campaign
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Trends in internet marketing have changed. No more is it sufficient to just have increased traffic onto your website. What matters more now is how many of those people who visit your website actually plunges into action? Conversion rates matter more today than ever before. You have to account for all the internet marketing expenses and the return on investment better be good, else you are wasting time and money.
What should first be done is analyze your traffic. How many of them convert into action? Be it an affiliate sign-up, sale, newsletter opt in etc. Analyzing such data is important to formulate new strategies to target your customers and improve profitability.
The one big advantage of internet marketing is that you can analyze all your campaigns – traffic, conversions and evaluate the overall performance. Firstly, track where your traffic is coming from. It could be emails, search engines affiliates etc. All this data will be available on your server in logs. This data can be difficult and confusing to read. Coming to your rescue there are many traffic analysis tools like extreme-dm.com, hitbox.com, web-stat.com, webtrends.com etc. Some of these are free but you can pay a small amount to get extra features. You can track keywords, web site referrals etc. Familiarizing yourself with such information will help you optimize, improve, and target traffic better.
What is the goal of your site? It could be to get the visitor to buy your product, subscribe to your service, opt in for a newsletter, recruit an affiliate and so on. Your website should be convincing enough for a visitor to actually perform the above action(s) desired by you. Dissect your webpage bit by bit and analyze if it does really look convincing and perfect. Sales offers, sales copy, images, guarantees, site design and color, navigation etc.
Obtain opinions from friends and acquaintances. Use their feedback to improvise on your website and troubleshoot all those areas that are not perfect. Follow visitor’s movements on your website and average time spent on each page. You can determine how successfully you are meeting your goals by analyze the actions and taking corrective/proactive actions from your end.
If you lead them to subscribe to a newsletter and you don’t have much response, then something is wrong somewhere. Go back and analyze. Maybe you are asking for too much information or the subscribing procedure may not be user friendly. Consider all the variables when there is a problem or need to analyze. Get into details of each, keep testing until you get the desired response and then you know what works best for you.
Your ultimate aim should be to improve conversion ratios. Keep striving. You will get there, eventually.
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