Marketing Metrics To Track
Having practiced basketball for the longest time now, i came to realise the only way you can term yourself the best player is after your skills have been measured during a tournament. During this same tournaments, you learn and improve more on what you are doing.
The same applies to marketing. Putting up billboards and advertisiments on the three media giants (tv, radio and newspaper) is part of marketing. But the only way to guage if these efforts are bearing and result, one has to have a track of them. To measure and ultimately, improve your marketing efforts, you need to know which metrics to track and analyze them. Start by checking the below details on your website to figure if what you are doing is a yes ✅ or no ❌.
1. Unique visitors
The best indication of your site’s overall traffic, unique visitors refers to the number of individuals who visit your website during a given period of time, where each visitor is only counted once. This number will vary dramatically depending on the size of your company, your industry and, of course, the amount of content you’re producing.
2. Page views
The cumulative number of individual pages that your visitors click on during a given period of time. If your page views are higher than your unique visitors, that may be an indication that your audience is finding your content engaging because individuals are clicking around to multiple pages.
3. Search engine traffic
The amount of traffic being referred to your site through search engines, such as Google or Bing. This number will give you a clear indication of how effective of a job you are doing at optimizing your content for search.
4. Bounce rate
The percentage of visitors who come to your site and then immediately “bounce” or leave before clicking on any other pages. A bounce rate of less than 40 percent is considered good. If it is any higher, it may be an indication that visitors to your site don’t like what they find there.
5. Conversion rate
The percentage of visitors to your site who take a specific action that your content encourages them to, such as signing up for your newsletter. Conversion rates vary considerably based on industry, but tend to hover around 2 and 3 percent on average. That said, aim for a conversion rate of approximately 5 percent, or even higher if you are creating specific landing pages for specific audiences.
6. Inbound links
The number of external links to your site, an indication that other people have found your content important enough to link to it. Importantly, the more high-quality inbound links you have, the higher your content will rank on search engines.
Source: Content Marketing Insitute