Web Analytics Services - Why Are They So Important?
Online business is highly dynamic and competitive. Therefore, to be successful in this business, one must be one step in front of the competition. Gone are the days one when one was very happy to see more visitors on his or her site. Web analytics services have evolved a great deal in recent years. Now business owners are unsatisfied just by more "hits" on their sites. They're more keen to obtain maximum return on investment (ROI).
To get maximum return on investment, one must smartly employ the internet analytics services to one's advantage. If you should be a novice to the field, then your may be pleased simply to see more hits or visits on your own site. But this information doesn't give complete picture concerning the performance of your site. What if more hits are accompanied with high bounce rates and low conversation rates? This demonstrates web analytics need to be drilled down deeply to be able to get all relevant and important information about your valued visitors.
Normal bounce rate of 10 to 15 percent is fairly OK as each site has some bounce rate but high bounce rate should indeed be considered a reason for concern. There may be two reasons for high bounce rate on your own site. Either you're attracting wrong traffic on your website or the information of your website pages isn't attracting your visitors. Drill down to learn which search phrase was typed by an individual to come quickly to your site. Then consider the content of your webpage. If search phrase isn't matching with the information of your website pages, this means you're attracting wrong traffic to your site.
However, if search phrase is applicable and still you're facing high bounce rate then your webpage content mightn't be satisfying the queries of the visitors. In this case, you will need to rework your webpage content.
Web analytics services involve a lot more compared to mere analysis of traffic reports. They include understanding the profile of visitor, click stream analysis, path analysis, return on investment analysis, log file analysis, meta tags analysis, URL analysis and a great deal more.
You may not be able to do all the aforementioned jobs single handedly of your as you may have your personal preoccupations and pressing commitments. Therefore, it could be a wise decision to hire the services of an expert web analytics consultant. The individual or firm can do all the mandatory homework for you for a fee. It will be the responsibility of the internet analytics consultant to provide you all relevant reports in straightforward format.
You might ask your web analytics consultant Business Analytics Services to provide you the set of IPs from that you simply are getting traffic. Then you might ask him to filter down your personal IPs from that list to ensure that you can find reports of unique and external visitors who came to your site. Moreover, the consultant should produce innovative solutions like how he could boost the "stickiness" of your website or what revenue you lost or earned from each of your visitor. Intelligent implementation of web analytics services will give you good returns in reasonable number of time.