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Google Analytics Workshop Outcome Analysis with Goals and Funnels

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1 Google Analytics Workshop Outcome Analysis with Goals and Funnels
Behdad Barati Web and Digital Analytics Consultant Cyberlitix Technologies Inc. Cyberlitix Technologies 2012 All rights reserved

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A Few Notices You agreed to WACH disclaimer, goo.gl/Y0WOM #VanWACH Recording this workshop Will take a few photo Google Analytics Training Program Webinar coming on March, join WACH on facebook to be informed Cyberlitix Technologies 2012 All rights reserved

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Outline Importance of Outcome Analysis Measuring Outcomes in Google Anlaytics Goals in Google Analytics Define a Goal Setup Funnels Goal and Funnel Data Analysis Tips and Tricks Cyberlitix Technologies 2012 All rights reserved

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A Real Story 5 different clickstream systems 5 Reports out of 50+ Three years to develop a new system Lots of new features Millions of dollars 5 Reports out of 250+ Cyberlitix Technologies 2012 All rights reserved

5 Lessons I Learned Reports and Aggregated Data are good to have but have no insights Collect data to measure outcome Producing data that are not tied to outcome is a waist of time Outcome Analysis is the second step in acquiring insights Cyberlitix Technologies 2012 All rights reserved

6 Importance of Outcome Analysis
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7 Type of Outcome Analysis
There are generally two types of outcomes Macro Micro Google Analytics has two features to measure outcomes E-Commerce Conversion Goal Conversion Cyberlitix Technologies 2012 All rights reserved

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Initial Steps Translate your desired outcome into action and conversion Figure out why the website exist Identify what your website is expected to achieve Identify the values for achievements Identify the way to measure achievements, Metrics and KPIs Cyberlitix Technologies 2012 All rights reserved

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Setup a Goal Select a profile to define a goal Goals are required to be setup on each profile Use Copy and Paste extension or LunaMetrics plug-in to easily copy and paste goals in Google Analytics: Cyberlitix Technologies 2012 All rights reserved

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Type of Goals Type of Goals URL Destination Time on Site Page per Visit Event Cyberlitix Technologies 2012 All rights reserved

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Goal Value Using Goal Value enable us to measure the monetary value of conversion for non-ecommerce website goals (Micro) How to calculate Goal Value Let’s assume 5% of leads generated on your website make a purchase, and average value of a purchase is $100, so your goal value for lead generation will be: $100 * 5%=$5 Another way of calculating Goal Value is to measure how many leads it takes to sell one product and then divide the average sales value by the number of leads. Goal Values is not affiliated with any currency Cyberlitix Technologies 2012 All rights reserved

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URL Destination Goal Goal URI Match Types Exact Match Head Match Regular Expression Match Cyberlitix Technologies 2012 All rights reserved

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URL Destination Goal Match Type Exact Match Head Match RegEx Match Goal URL thanks.php /.*/thanks\.php mysite.com/order1/thanks.php No Yes mysite.com /order2/thanks.php mysite.com/thanks.php mysite.com/thanks.php?orderID=453645 mysite.com/order.php Cyberlitix Technologies 2012 All rights reserved

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Quiz If your target page is located at what will you enter in Goal URL field? Options: /projects/blog/stat.php /stat.php Answer: /projects/blog/stat.php Cyberlitix Technologies 2012 All rights reserved

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Defining Funnel Funnel is visualization of expected steps by visitors to achieve the goal Each Goal can have a funnel of up to 10 Steps Funnel Analysis is the best way to understand where visitors drop out conversion Cyberlitix Technologies 2012 All rights reserved

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Funnel Analysis Cyberlitix Technologies 2012 All rights reserved

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Anatomy of a Funnel Cyberlitix Technologies 2012 All rights reserved

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Funnel Visualization Cyberlitix Technologies 2012 All rights reserved

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Create a Funnel A Funnel can have up to 10 Steps Steps are pages that visitors go through to achieve a Goal Funnel Steps are being treated as RegEx, so it is possible to use wildcards if a step is different pages Cyberlitix Technologies 2012 All rights reserved

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Tips Last steps in a Funnel should be the same as Goal URI Mandate first step by checking “Required step” checkbox Cyberlitix Technologies 2012 All rights reserved

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Quiz and Prize Question: A visitor to your website views the following pages, in the following order: main.htm > product.htm > info.htm > confirmation.htm Towards which of the following goal funnels would this visit count? main.htm > confirmation.htm main.htm > info.htm > confirmation.htm main.htm > product.htm > confirmation.htm main.htm > category.htm > info.htm > confirmation.htm Answer: A, B, and C Cyberlitix Technologies 2012 All rights reserved

22 Goal and Funnel Analysis
Reports are available at: Standard Reporting > Conversions > Goals Goals can be applied to most of the reports, to show data in a context Cyberlitix Technologies 2012 All rights reserved

23 Setup and Installation
Practice  Cyberlitix Technologies 2012 All rights reserved

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What’s Next Choosing the best KPIs, on Feb 20th A Book is coming out and you all get a free copy Webinar on March, join WACH on facebook to get informed Two days Google Analytics Training on March 2nd and 3rd, leave your business card or to receive an exclusive offer Cyberlitix Technologies 2012 All rights reserved

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Thank You Happy Analytics @infiwiz Cyberlitix Technologies 2012 All rights reserved


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