Maximizing ROI via Web Site Traffic Analysis
We are clearly well past the innocent "golden age" of
the Internet - Darwinian economics have become the order of the
day today. Any company worth their salt must maintain a web site
as an information resource and/or to generate incremental ecommerce
revenue. Qualified traffic is the name of the game, as it's the
oxygen that keeps a good ecommerce web site thriving. Consequently,
it's very important to have an understanding of your web site traffic
or visitor activity; i.e. baseline information that includes the
number of visitors during specific time periods, originating location
(domain), where the visitors went on a site and how long they stayed
on specific sections or pages of a web site. The de facto industry
standard traffic analysis tool application is Web Trends, manufactured/supported
by netiQ, Inc., which we will focus on in this article.
Fundamentals and Jargon Watch
All traffic analysis tools rely primarily upon information that
is extracted from log files; i.e. files that are maintained on your
server which show where a visitor came from, what keyword(s) they
used to find your site (if applicable), what Operating System and
Browser versions they are using, etc. There are literally hundreds
of excellent log file analysis tools that can be located via CNet's
Download.com or TuCows - both sites are excellent resources for
software and information.
It's critical in today's bottom line business environment to have
the ability to analyze web traffic (visitors) and patterns and then
integrate this knowledge with your overall business processes -
what do you pay for traffic, is it converting (people are buying
your goods and services), how long are people staying on specific
sections or pages of your web site, what marketing expenditures
are working and which aren't!
You know your entering the reality distortion field (we marketing
types need to justify our fees & services) and need to raise
your jargon filters to stun level when you here and/or see these
keywords; i.e. clickstream traffic (fancy way of saying traffic
or visitors delivered via mouse clicks to your web site), ebusiness
solutions (meaning - selling your products/services via an ecommerce
site) or my all-time personal favorite, "ebusiness intelligence"
(what's ebusiness and what determines if it's "intelligent").
Traffic Counter Applications
First and foremost, do you really need a comprehensive product like
Web Trends (more on the different applications later) or can you
get by with a click (traffic) counter application like the Hit Box?
The latter company provides a free plain vanilla traffic counter
which can be easily set up in minutes via your web site. Hit Box
is a great product and used by hundreds of thousands of web sites,
so it may be sufficient for your business, if you just want very
basic info ("Page Views and Daily Unique Visitors) and don't
mind advertising for another company via your web site.
But, there are some downsides to utilizing Hit Box, you must install
their "button" on your Index (home) page and it only provides
you with basic traffic information (how much per day with a forecast
based on these numbers). You can upgrade to their HitBox Professional
which is very similar to Web Trends basic application ("Web
Trends Log Analyzer") - but, you have to pay for this service
on a traffic basis which can get expensive, depending on your overall
traffic.
Web Trends Applications and Interface
Web Trends (the company) was acquired by netiQ, Inc. the parent
company about 18 months ago due to their strong market leadership
position with web traffic analysis software. Like many good web-focused
software companies, netiQ enables you to download all of their apps
for a 30 day trial period. Estimates range from 60-80% market share
for one of their three primary products; i.e. "Web Trends Log
Analyzer," their baseline $500. USD application which is a
good solution for most web sites that have a single domain or under
25 in total; "Web Trends Analysis Suite" (SRP $2.5K USD),
which incorporates the functionality of the Log Analyzer product
and adds more features for managing bandwidth usage (interior and
external), monitoring and alerting an IT Manager or Department for
server related problems and handles up to 100 domains (sites); the
"Web Trends Intelligence Suite" is their top of the line
product (pricing varies depending on bundled services) geared for
enterprise customers, it includes integration and training services
for integrating the application with Online Analytics Processing
Tools ("OLAP" yes another ebiz acronym) or other types
of reporting tools.
We've been using and recommending Web Trends to clients for years
primarily because of its interface and functionality. It's a browser-enabled
app, meaning anyone with a browser (IE or Netscape) can view reports
and data. The reports are presented in a straightforward manner
that includes basic pie chart or bar types of graphics - you can
easily tell at a glance what your visitor traffic was for a given
period, where they came from, what pages they visited and how long
they stayed on specific pages. You don't need to be a technologist
or a marketing geek to use this application - see below for practical
tips.
Using Web Trends
So what do you want to measure and what type of custom reports do
you want to run once you get the software installed? You will want
to measure how much traffic (visitors) is coming to your web site
per day, week, month, where they are coming from (country of origin),
and where visitors going on your web site; i.e. home page, internal
pages and of these what specific pages; i.e. About Us Products,
Services your Shopping Cart, etc. Pay careful attention to usage
times, how long people are staying on specific pages; too long may
indicate they can't figure out your content, or your content is
so good its meaningful and educational. For example, if your "White
Paper Resource" section is the most frequently visited and
the visitor sessions (time elements) are long (2-4 minutes) then
this means your content is being well received. But, if everyone
is just reading your White Papers but not filling out your response
forms then you may need to alter some aspects of your business processes
and how you communicate them via your web site.
Web Trends compliments ongoing advertising campaigns and processes
- it lets you capture critical ROI ("Return on Investment")
information by giving you an accurate picture of traffic and usage
patterns that should correlate with what your ad agency or marketing
partner is telling you or confirming with their own reports. For
example: If your deploying an opt-in e-mail campaign and bringing
people to a specific "landing page" (specific page where
people are directed to that may include an "offer") you
need to carefully monitor if people are clicking through to the
page and how long they are staying and/or going to your shopping
cart to purchase a product or a registration fulfillment page. If
the session times (how long they stay on a page) are short and people
aren't filling out a form or converting (purchasing or taking a
specific action) then you clearly have some work to do on your web
site content and or business processes.
-- Lee Traupel has 20 plus years of business development
and marketing experience - he is the founder of Intelective Communications,
Inc. http://www.intelective.com,
a marketing services and software company which provides strategic
and tactical marketing services exclusively to small to medium sized
companies. Lee@intelective.com (c) 2001-2002 by Intelective Communications,
Inc. Reprinted with permission from Intelective Communications
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