Web analytics is often undervalued in many companies. However, a strong understanding of your website analytics can be one of the most powerful tools you have to grow website traffic into engagements, conversions, and revenue for your business.
Helping you identify key performance indicators
To get started, organizations need to first identify their key performance indicators – or KPIs – and analyze how they are meeting their goals. Grace Media works with organizations to monitor and develop strategies to improve results based on key performance indicators. KPIs vary depending on your business but may include:
- Website conversion rates (visitor to lead, visitor to sale)
- Percentage (%) of new or returning visitors
- Look to book ratio
- Number of online sales per visitor
- Average order $ value
- Average number of items purchased online
- Shopping cart abandon rate
- Revenue per product
- Average customer lifetime value
Identifying web analytics tools
Your website analytics can provide a lot of rich data on how your site is performing. If you are not using an analytics tool to track KPIs, there are a number of excellent programs to choose from such as Omniture, Coremetrics, ClickTracks, Unica, and Webtrends — but they vary quite a bit in terms of price. At Grace Media, we will help you identify a web analytics package to meet your business needs. We’ll then work with your internal team to support the implementation of your analytics tool and set up dashboard reporting once the tool is in place.
Contact Us
To learn more, complete our contact form or call us at 410.790.6726.
Be sure to check out more articles on website analytics:
- My Favorite Web Analytics Books
- Creating Advanced Segments in Google Analytics
- Linking Google Analytics and Google AdWords Accounts
- What tools are you using for social media monitoring and analysis?
- Facebook Advertising Includes New Social Metrics
- Google Analytics 101 - Cookies
- Videos for Learning Google Analytics
- Getting Started with Website Analysis
- Reducing your Landing Page Bounce Rate


