Tuesday, April 5, 2016

Introduction To Analytics

1. Introduction to Analytics

Analytics is the discovery and communication of meaningful patterns in data. Especially valuable in areas rich with recorded information, analytics relies on the simultaneous application of statistics, computer programming and operations research to quantify performance.
The primary goal of analytics is to deduce information which helps organisations make informed decisions to improve performance and achieve defined business objectives.
For businesses operating over the internet, web analytics helps in tracking results over a defined period of time. This helps in understanding site visits and prospects, thereby helping companies devise strategies and mechanisms to convert prospects into valuable customers and retain them in the long run by ensuring seamless browsing experience and customer delight.

2. About Google Analytics

Google analytics is the most widely used web analytics service on the internet. Around 54.1% of websites around the globe use Google Analytics which translates to 82.8% market share of global traffic analysis tool market, considering the fact that 34.6% of websites never use any traffic analysis tools.

3.  What is Google Analytics?

As a business owner or marketer, you understand the importance of having information that allows you to make informed decisions on how to grow your business. Whether you're running an SME (small or medium enterprise) or working at a large brand, the odds are, your business will have a presence on the web. You might be selling products online, running a blog, or just using your site to provide information about your services. Understanding the customer journey as they interact with the content on your website is of prime importance.

 Google Analytics is a free service with some premium options that helps you analyse visitor traffic and paint a wholesome picture of who your audience is and what their needs are. It is a platform that connects every page on your website and through various dashboards and reports, you'll have the opportunity to unlock invaluable data. Google can provide you information on the various routes people take to reach your site, the content they viewed, the OS they use and also the devices they used to visit the website.
You'll use Google Analytics to find ways to increase those sales and track your performance over time. For lead generation, your aim is to collect user information, and you'll test strategies and the landing pages to find a working combination. For content publishers, the goal is to encourage repeat visits and engagement. So you'll be tracking what keeps people clicking and interacting with the site. For online information, it's important that users find what they're looking for when they need it.

This equips you with the right data to understand what you need to do to improve the outcome of your site.