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Social Media and Web Analytics Unit-5
Social Media and Web Analytics Unit-5
Unit-5
Web Analytics
Web Analytics is the methodological study of online/offline patterns and trends. It is a
technique that you can employ to collect, measure, report, and analyze your website data. It is
normally carried out to analyze the performance of a website and optimize its web usage.
We use web analytics to track key metrics and analyze visitors’ activity and traffic flow. It is
a tactical approach to collect data and generate reports.
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NOTES BY- SIDDHARTHA SINGH
CHIEF PROCTOR & ASSISTANT PROFESSOR
KIPM TECHNICAL CAMPUS
Social media and Web analytics
Unit-5
Web Analytics is an ongoing process that helps in attracting more traffic to a site and thereby,
increasing the Return on Investment.
Analytics Tools offer an insight into the performance of your website, visitors’ behavior, and data
flow. These tools are inexpensive and easy to use. Sometimes, they are even free.
Heuristic evaluation
A heuristic evaluation (also known as heuristic analysis) is the process of a number of expert
evaluators reviewing an interface design (e.g. a website) against a set of usability principles
in order to uncover and fix usability issues, preventing failure once the interface is released.
These tend to be relatively quick compared to typical usability evaluations of the past which
could be long, expensive, time-consuming, and daunting for developers to conduct
themselves.
Can be relatively inexpensive as it doesn’t require much time and can utilise in-house
resources
Limitations:
If your evaluators aren’t impartial, bias can creep into the process. Also if you have
already worked on the website, it can be hard to maintain a ‘fresh’ mindset in which
to conduct the heuristics
Doesn’t cover all issues in isolation, user research & analytics are also required to
discover extra insights
If the heuristic is just of some website designs, on-site interactions may become an
oversight and may not be picked up in the evaluation.
Among the different methods of data gathering for research purposes, the survey method is
preferred by many researchers due to its various advantages, strengths and benefits. However,
surveys also have their disadvantages and weak points that must be considered.
Advantages of Surveys
1. High Representativeness
Surveys provide a high level of general capability in representing a large population. Due to
the usual huge number of people who answers survey, the data being gathered possess a
better description of the relative characteristics of the general population involved in the
study. As compared to other methods of data gathering, surveys are able to extract data that
are near to the exact attributes of the larger population.
2. Low Costs
When conducting surveys, you only need to pay for the production of survey questionnaires.
If you need a larger sample of the general population, you can allot an incentive in cash or
kind, which can be as low as $2 per person. On the other hand, other data gathering methods
such as focus groups and personal interviews require researchers to pay more.
Surveys can be administered to the participants through a variety of ways. The questionnaires
can simply be sent via e-mail or fax, or can be administered through the Internet. Nowadays,
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NOTES BY- SIDDHARTHA SINGH
CHIEF PROCTOR & ASSISTANT PROFESSOR
KIPM TECHNICAL CAMPUS
Social media and Web analytics
Unit-5
the online survey method has been the most popular way of gathering data from target
participants. Aside from the convenience of data gathering, researchers are able to collect
data from people around the globe.
Because of the high representativeness brought about by the survey method, it is often easier
to find statistically significant results than other data gathering methods.
Multiple variables can also be effectively analyzed using surveys.
Surveys are ideal for scientific research studies because they provide all the participants with
a standardized stimulus. With such high reliability obtained, the researcher’s own biases are
eliminated.
6. Precise Results
As questions in the survey should undergo careful scrutiny and standardization, they provide
uniform definitions to all the subjects who are to answer the questionnaires. Thus, there is a
greater precision in terms of measuring the data gathered.
Disadvantages of Surveys
1. Inflexible Design
The survey that was used by the researcher from the very beginning, as well as the method of
administering it, cannot be changed all throughout the process of data gathering. Although
this inflexibility can be viewed as a weakness of the survey method, this can also be a
strength considering the fact that preciseness and fairness can both be exercised in the study.
Questions that bear controversies may not be precisely answered by the participants because
of the probably difficulty of recalling the information related to them. The truth behind these
controversies may not be relieved as accurately as when using alternative data gathering
methods such as face-to-face interviews and focus groups.
Questions in surveys are always standardized before administering them to the subjects. The
researcher is therefore forced to create questions that are general enough to accommodate the
general population. However, these general questions may not be as appropriate for all the
participants as they should be.
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NOTES BY- SIDDHARTHA SINGH
CHIEF PROCTOR & ASSISTANT PROFESSOR
KIPM TECHNICAL CAMPUS
Social media and Web analytics
Unit-5
A good example of this situation is administering a survey which focuses on affective
variables, or variables that deal with emotions.
Website survey
A website survey is a way for businesses to gather feedback from visitors about
their experience of a website and find ways it can be improved.
Website surveys can take different forms, from small slide-ins or pop-ups in a corner to full-
page overlays, but they all help website owners and managers collect qualitative insight that
sheds light on the ‘why’ behind user actions.
Website Traffic
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NOTES BY- SIDDHARTHA SINGH
CHIEF PROCTOR & ASSISTANT PROFESSOR
KIPM TECHNICAL CAMPUS
Social media and Web analytics
Unit-5
Website traffic refers to web users who visit a website. Web traffic is measured in visits,
sometimes called "sessions," and is a common way to measure an online business
effectiveness at attracting an audience.
Analysts no longer just ask "how many people visited?" Now, it's just as — if not more —
important to find out:
How long did users stay? Bringing in huge amounts of traffic is ultimately
meaningless if users leave after mere seconds. Metrics such as bounce rate and time
on page pant a picture of how users behave.
What % of users made a purchase? For an online business to flourish, it needs a large
audience. But it also needs to be the right audience. Determining how many users buy
products, commonly measured by conversion rate, shows whether an ecommerce
store is effectively selling marketing their product offerings.
How much does it cost to bring in a visitor? Some web traffic is free, but many online
stores rely on paid traffic — such as PPC or affiliates — to support and grow their
business. Cost of Acquiring Customers (CAC) and Cost Per Acquisition (CPA) are
arguably the two most important ecommerce metrics. When balanced with AOV
(average order value) and CLV (customer lifetime value), a business can assess and
adjust its ad spend as necessary.
Website traffic is not the be all, end all of ecommerce performance measurements. But it is
still a great starting point to determine a website's popularity and visibility. Consider two
contrasting ecommerce underachievers:
a) Website A: Effective call to actions and concise yet eloquent product descriptions convert
a high percentage of visitors to sale, but they only bring in minimal traffic.
500 monthly visits * 40 sales = 8% Conversion Rate (CR)
b) Website B: Ranks highly in natural Google search listings, puts out well-received content,
and brings in paid advertising. They do outstanding with web traffic, yet convert a minimal
number of visitors.
This example illustrates why marketing metrics such as web traffic cannot be viewed in a
vacuum. Two contrasting websites achieve the same outcome, where they are failing to
capitalize on what they do well. By focusing on the one metric where they excel, it fails to
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NOTES BY- SIDDHARTHA SINGH
CHIEF PROCTOR & ASSISTANT PROFESSOR
KIPM TECHNICAL CAMPUS
Social media and Web analytics
Unit-5
acknowledge the area for improvement. By studying the whole picture and optimizing areas
of subpar performance, ecommerce stores give their customers the best possible experience
while maximizing revenue.
It is not only the traffic on the website's homepage that is monitored. Rather, all segments of
the website are constantly monitored by the server to determine exactly how many hits each
receives. In web vernacular, a single visit is known as a “session”. The minutia of each
session varies, yet each has a beginning and an end point.
Servers are able to compile every request for a web page, arming its operator with the
information needed to determine how popular the site is and which pages receive the most
attention. When a web server processes a file request, it makes an entry in what is known as
the “server log” on the server's hard drive. The log gathers entries across posterity, forming a
valuable database of information that the site owner can analyze to better understand the
website's visitor activity.
Competitive Intelligence
Competitive Intelligence (CI) is the collection and analysis of information to anticipate
competitive activity, see past market disruptions and dispassionately interpret events.
It is an essential component to developing a business strategy. CI analysis provides insight
into marketplace dynamics and challenges in a structured, disciplined, and ethical manner
using published and non-published sources.
Competitive Intelligence:
Incorporates external competitive and market forces into strategic planning.
Generates strategically relevant insights from research and structured analysis.
Enhances marketing, strategic planning, finance, and operations.
Conforms to antitrust and trade secret laws, legal and ethical best practices and the
client’s corporate code of behaviour.
Minimizes decision risk and reduces uncertainty about external developments.
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NOTES BY- SIDDHARTHA SINGH
CHIEF PROCTOR & ASSISTANT PROFESSOR
KIPM TECHNICAL CAMPUS
Social media and Web analytics
Unit-5
Uses of Competitive Intelligence:
Develop corporate or business unit strategies.
Shape counter-competitive strategies against one or more competitors.
Prepare a new product launch, new market entry, or other strategic move in the
market.
Benchmark other organizations.
Anticipate and plan for future market opportunities and disruptions.
Assess effectiveness of competitors market positioning and product messaging.
Data sources
Data sources are simply the files created on DBM or feed. The objective of keeping a data
source is to encapsulate all information in one stack and hide it from the users, e.g., payroll,
inventory, etc.
Server Logs
Log files list actions that take place. They maintain files for every request invoked, for
example, the source of visitor, their next action, etc.
Server logs is a simple text file that records activity on the server. It is created automatically
and maintained by server’s data. With the help of a server log file, you can find the activity
detail of the website/pages. In activity sheet, you can find the data with IP address,
Time/Date, and pages. It gives you insight on the type of browser, country, and origin. These
files are only for the webmasters, not for the website users. The statistics provided by server
log is used to examine traffic patterns segmented by day, week, or a referrer.
Visitors' Data
Visitors’ data shows the total traffic of the website. It can be calculated by any web analytics
tool. With the help of visitors’ data, you can analyze your website improvement and can
update your servers accordingly. It may comprise of −
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NOTES BY- SIDDHARTHA SINGH
CHIEF PROCTOR & ASSISTANT PROFESSOR
KIPM TECHNICAL CAMPUS
Social media and Web analytics
Unit-5
Search engine statistics show the data that is acquired by organic traffic (as shown in the
image given below). If the search engine traffic of a website has improved, then it means the
website search ranking for the main keywords has improved. This data also helps you to −
Find the revenue generating keywords and the keywords those are typed in search
engine by visitors.
How different Search Engines affect your data.
Where you are lagging and where you need to focus.
Conversion Funnels
Conversion funnels is the path by which a goal (Product purchase, Lead form done,
Service contact form submitted, etc.) is completed. It is a series of steps covered by
the visitors to become customers. It is explained in the “Bertus Engelbrecht’s” image,
given below. If more numbers of visitors are leaving the website without any
purchase, then you can use conversion funnels to analyze the following −
Why are they leaving the website?
Is there any problem with the conversion path?
Is there any broken link in the conversion path or any other feature that is not
working in the conversion path?
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NOTES BY- SIDDHARTHA SINGH
CHIEF PROCTOR & ASSISTANT PROFESSOR
KIPM TECHNICAL CAMPUS
Social media and Web analytics
Unit-5
Conversion funnels help you visualize the following aspects in the form of graphics −
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NOTES BY- SIDDHARTHA SINGH
CHIEF PROCTOR & ASSISTANT PROFESSOR
KIPM TECHNICAL CAMPUS