Tag Archive for: google analytics

Google-analytics
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Why You Should Be Using Analytics

Google Analytics is a very valuable tool for business owners. More than just numbers, here are some ways you can enhance your campaigns by using analytics.

Get to know your web visitors

Enhance user experience by understanding who is visiting your website. By monitoring who your customers are, you can adapt your site to match their needs. If you find that most of your web visitors are visiting on mobile devices, then you can make sure your site is more mobile friendly, so these visitors are more likely to convert. You can also view reports for age and interest categories, a useful tool as you can use this data to adapt your site to make the content more relevant to these users.

Understand your best content

Viewing metrics such as bounce rate which shows how many people left your site after viewing only one page, page sessions and seeing which individual pages have been popular can really benefit the overall usability of your site. If you are finding that certain pages are less popular, you can adjust the content so they mirror the more popular pages and therefore generate a better response. Understanding how your content works will really help to improve site engagement.

Helps with SEO

Google Analytics can help you to understand where your audience is coming from. You can link your account to Google Search Console which will show you what your audience is searching to get to your site. This data will allow you to adapt your content to include these terms.

To Check you are achieving goals

Goals are something that every business owner wants to establish in order to know they are making progress. Without data, you cannot tell if you meeting those goals. You can set goals directly in Google Analytics and measure how you are performing against them. It is also possible to track conversions so you can see how many newsletter signups you have as well as the results from your e-commerce store. If you have linked your Analytics account to your Google AdWords account, you can directly measure the return on investment you are getting from your ads by comparing your ad spend to your conversions.

It’s Free

You don’t have to pay anything to use this service. Collect all kind of data which will make your business more profitable and it’s totally free to use.

Want to monitor your Google Analytics data but don’t know how? Fear not, here at Cloud9 we have experts who can help you analyze data and meet your goals. Contact us for more info.

 

 

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How to Measure Social Media ROI

To measure social media Return on Investment (ROI), most businesses use the following formula:

Profit/ Investment x 100 = Social Media ROI

But this can be more complicated that it seems. For starters, how do you calculate profits? How do you work out which social media goals to set in the first place? And how do you prove which specific marketing campaigns were the ones to spark interest and drive sales?

If the concept of social media ROI feels a little daunting, you’re not alone. But calculating ROI doesn’t have to be complicated and time-consuming. We’ve composed a simple step-by-step guide that will help you measure your social media profits, and save a whole lot of time and money in the long run.

By seeing which of your marketing efforts deliver great results, and which ones don’t do so well, you can focus on the campaigns that really matter to maximize your ROI.

#1 Define your goals

Before anything, you will need to carefully identify your key performance indicators. KPIs will show you the progress of your business goals, and make sure you stay on track.

The more specific your goals, the better. Brand awareness means something different to everyone, so make sure you agree on a single, quantifiable awareness goal that you will be able to measure afterwards. For example, you could track new followers, clicks on links, or online purchases made.

#2 Track your goals

With your goals clearly defined, it’s time to start tracking. An easy – and free! – way to track website actions like sales and downloads is with Google Analytics. For tracking social media interactions such as shares and likes, Buffer is also a great tool to use.

#3 Attach a dollar amount

Once you’ve tracked your actions, you’ll need to assign them a monetary value. This is where it gets interesting, as there are many ways to do this. You could…

  • Work out how much you earn on average from each customer
  • Calculate how much each online visit is worth to your business
  • Work out how much the average purchase is through your site
  • And finally, work out your PPC costs e.g. how much you would end up paying to achieve the same actions through ads.

#4 Track your social media expenses

For the final step, you’ll need to deduct your investments from your overall ROI. These often include:

  • Man-hours- Deduct the amount of time you or your employees spend on each specific social media campaign.
  • Content- If you paid for content, such as a freelance blogger, you will need to factor this in.
  • Social media tools- While Twitter and Facebook are free, often social media tools and services are not.
  • Ad costs- Remember to deduct the amount you spend on social media advertising, such as boosting Facebook posts and promoting tweets.

With your stats in front of you, you can calculate your ROI using the formula at the top of the page and see which of your social media marketing campaigns come out on top. Just remember your social media investments might be paying off whether or not you see a direct, immediate increase in revenue- so stick with it!

We understand that social media takes practice and may not be at the top of your to-do list if you’re running a small business. Our team at Cloud9 Marketing are social media whizzes, and would love to give a helping hand to boost brand awareness, improve online credibility, and increase sales. To put our social media management to the test, please get in contact! 

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