Tuesday, November 3, 2009
We looked today at website analytics. I showed my google adwords account and google analytics account as well as the insight section of my YouTube account and we looked at the types of information available and the types of insights that might be made from that information. We also looked at some of the recent trends in online advertising. Online ad spending is smaller than last year but growing overall. Sponsorship and mobile marketing are on the upswing and most results can be attributed to search and older media rather than social media and some of the new media....analytics are lagging changes in technology. Traditional ways of looking at web analytics include number os unique visits, pages of visits and traffic source. A landing page is a good way to tie a campaign to a particiular web page to track the results. Some analytics, such as page views and time on the site, can be misleading, as people might just spend time on the site but not really be engaged on the web site. "Bounce rate" with a web site means when the user leaves the site. There are so many metrics and so many possibilities. Some good rules include, always test, look at trends, track key metrics and set goals. We also talked about the difference between data, information and knowledge and how markters want to create databases that can be used to gain customer knowledge for better offers and relationships with customers.