Return on investment is a sexy KPI right now; everything and everyone claims to provide easy calculations of ROI, value added services that show ROI, and other far-fetched promises. Probably one of the hardest things a web analyst can do is measure ROI — true ROI. We’ve become accustomed to using the term “return on investment” to include subjective value propositions; soft and cuddly marketing statements. True ROI is just not available through analytics tools and web analysts do not have the luxury of full financial disclosure. Continue reading Measuring ROI – Lesson 1: Don’t just look at Web Analytics
Due to the fact that this discipline is so young, web analysts constantly have to combat the duality of their trade. On one hand, the web analyst weighs fairly concrete numbers and patterns to formulate recommendations, on the other hand they take a stance on the interpretation of those facts and figures. At what point do we draw the line between insight and speculation, and how can web analysts avoid mistakes and eating crow? Continue reading How to avoid being wrong as a web analyst
Regardless of the tool you use today to measure your website traffic, even if it’s an antiquated server log parser (boy I’m dating myself here), you can be proud that the information you’re collecting is by far the cleanest statistical data on the planet (booyah!). Many will argue that there are still a ton of flaws associated with web analytics data, but truth be told, information available to a web analyst today is far more trustworthy than the majority of audience measurement options out there. Continue reading Why web analytics data is better than 99% of other stats
Happy New Year and welcome back to what will be a make or break quarter for many of us. It’s time to hunker down and turn what was a pretty terrible economic run last year, into the building blocks of recovery. Many of us will have to focus our efforts on hitting hard in early 2010, gaining an important early foothold amongst strong competition. That makes measuring continued success so much more difficult, especially if you haven’t yet established clear KPI’s on which efforts will be judged. So with all the vague “just measure ROI” discussion aside, I’m predicting the following to be the most important key performance indicators for early 2010. Continue reading Predicted Top Web Analytics KPI’s for 2010
A new year, a new decade, a new web analytics blog. For those of you that know me, you’ll know that I’ve been blogging about pay-per-click advertising, online marketing, web analytics, and social media for about three years at my original blog, PPC-Advice.com. In writing my yearly recap on PPC-Advice.com, it occurred to me that the volume of web analytics-related articles was growing significantly. The volume of tools available to marketers, analysts, and agencies are increasing and also becoming more accessible.
Since I’ve had the domain name for a while, it only made sense that I finally start up the new blog in 2010. Thank you to everyone who continues to support PPC-Advice.com (it’s not going away anytime soon), and I hope Analytics-Advice.com will prove to help, educate, and connect yet another passion of mine with the world.