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12.04.07


SES - Metrics Challenges & Measuring Success

By Navneet Kaushal

Meet the Web Analytics Players: Vendors from major web analytics services each cover different metrics challenges plus answer questions about measuring success and their tools in general.

Moderator: Frank Watson, Head Search Marketing, FXCM

Speakers: Chris Knoch, Principal Consultant, Omniture, Inc, Thomas Grant, Director - Internet Marketing Solutions, Unica Corporation, Kristen Nomura, Sr. Account Manager, Google Analytics.

Chris Knoch, Principal Consultant, Omniture, Inc was the first on to speak, he went on to describe six types of analytics as they've grown more and more important over time.

Traditional SEM: Impressions, clicks, and conversion.

Making use of modern analytics entails mixing the traditional with newer analytics such as impression, click, site interactions with content with content, and conversion.

Universal Metrics: Bounce rate (those who leave after 1 page), time on the site per visitor, page view per click, "metrics, analytics," "success events, or "KPIs" refer to the same things.

Conventional Retail Metrics: orders, revenue, conversion rate (orders/clicks), cost per order (cost/orders).

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Modern analytics: Technology has led to the advent of analytical measures such as Average order value, visit yield, average retail, cart creations, cart conversion rate, cost per cart creation, checkouts, checkout conversion rate, cost per checkout, monthly unique visitors, average time on site, days since last visit, return visit frequency, advertising cluck rate, revenue per page, ad impressions, ad clickthrough rates, and subscriptions.

Lead generation metrics: leads initiated, total leads completed, lead conversion ratio, lead completion ratio, and cost per lead.

Financial vertical metrics: Applications initiated, applications saved, applications completed, application value, and applications approved.

Then it was the turn of Thomas Grant, Director - Internet Marketing Solutions to share his ideas. He talked about the evolving marketing channels, which entail a mix of both offline as well as online aspects, he acknowledged that a lot of conversions take place offline...


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About the Author:
Nav is the founder and CEO of PageTraffic, a premier search engine company known for its assured SEO service, web design and development, copywriting and full time SEO professionals.

Navneet has wide experience in natural search engine optimization, internet marketing and PPC campaigns. He is a prolific writer and his articles can be found in the "Best Articles" section of many websites and article banks. As a search engine analyst , he has over 9 years of experience and his knowledge is in application here.

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