Measuring Success

Predicting the future invariably means you will be wrong most of the time. However, it is an interesting process to go through as even getting just one prediction right can have a significant impact – to me personally, my business or my client’s business. So I was honoured when Daniel Waisberg asked me to look into my crystal ball for what may happen in the world of web analytics in 2011. Here’s the summary of my predictions:

Germany is an interesting market from a web analytics perspective. The government their is pushing the privacy debate (and the boundaries) on how visitor data can be collected, what constitutes personally identifiable information (PII), and what control the actual visitor has over the whole process of collecting their visit history. I am a strong online privacy advocate, so I welcome the discussion.

When it comes to tracking offline marketing campaigns, many marketers are unaware of the potential of using their existing web analytics tool to measure success. Typically, the reliance is on traditional, imprecise data such as print distribution figures (a.k.a. readership numbers), viewing figures (TV audience metrics), or footfall metrics (“20,000 people walk pass this sign every day”).

However, none of these metrics can provide any indication of success. That is, was my print, TV, or radio ad successful? Yet, if these readers, viewers or listeners visit your website as a result of exposure to your offline campaign, you can access a rich stream of success metrics. This whitepaper is a how-to guide to track your offline marketing efforts.

I have been following some interesting posts on the recent IBM acquisition of Coremetrics. The following three are from respected sources that all glow positively about the potential upside of the deal - Econsultancy, Eric Peterson, Stephane Hamel. However, I am not so convinced that the deal will lead to great success for IBM, or is the start of a coming “revolution” for the web analytics industry… and here’s why. Whilst the deal makes perfect sense – its a logical and smart with obvious synergies, remember that in 2006 IBM *sold* their commercial web analytics tool, Surfaid, to Coremetrics in the first place (though Coremetrics only used the WebSphere client base and not the technology). Clearly IBM did not understand the significance of web metrics in 2006 and nothing makes me feel that they do now… For me, the success of the web metrics industry today is due to the “simplification” that Google [...]

Collecting data is very straightforward – you simply paste a few lines of JavaScript to your pages and data will start to stream into your account. I am specifically referring to Google Analytics here, but the principal is the same for all the main web analytics vendors. Superficially that’s all there is to it. If you just wish to view visitors and pageview counts you don’t need an analytics specialist to help you – all you require are basic webmaster skills. However, products such as Google Analytics have 100+ reports so that you can analyse much more than these – in fact, regardless of how much traffic you receive, those can be covered in a handful of reports. So why so many reports…? If all you require are traffic volume graphs and a site-wide conversion rate (i.e. the number of transactions divided by the number of visits), then you don’t! That’s the [...]