Professional Documents
Culture Documents
Lesson 11
• Setting business goals: Defining the key metrics that will determine the success of your business and website
• Collecting data: Gathering information, statistics, and data on website visitors using analytics tools
• Processing data: Converting the raw data you’ve gathered into meaningful ratios, KPIs, and other information that tell a story
• Identifying Key Performance Indicators (KPI’s): The quantifiable measures to monitor and analyze user behavior on a website.
(ex: bounce rate, unique users, user sessions, etc.)
• Developing an online strategy: Creating a plan to optimize the website experience to meet business goals
• Experimenting and testing: In order to find the most effective strategy, businesses must try out different approaches. ex: A/B
testing to determine the best way to optimize website performance
• Helps in Targeting your marketing efforts better-Determine which visitor groups are most likely to
convert into customers
• Optimize Conversions-Tracking to maximize the rate at which your website visitors convert into
customers, subscribers or members.(CRO-Conversion optimization rate)
• Save on Customer support-Improving the efficiency of your online support to dramatically reduce
your offline costs.