Google Analytics is a free online tool that allows website owners
to track the behaviour of the visitors to their sites, thereby providing
powerful data as to how to improve site performance in meeting business
objectives.
The goal of Google Analytics is to get good value from it. Using
the 10:90 rule - spend $10 on technology and $90 on people to interpret
the data.
Avoid just tagging your website, you need someone to understand
your business goals and help you interpret your data. Analyzing
data takes a lot of business accumen and common sense.
Far too many companies do not invest in consulting to help them
make the best of their data. The web is very complex and will remain
so for a long time to come.
Video - Introduction To Google Analytics [7:51]
Google Analytics tells you exactly who's coming to your website
and what pages they love to visit. Use this information to increase
your website conversion rates and make more money
Other Google Data Focused Marketing Products
Google Analytics - Rules for Revolutionaries
Key Learnings
Reporting is not analysis - both of these activities take the same
amount of time, but you need to choose between these. Avinash refers
to reporting as 'dead trees'. If you actually want to get value
from your data, then your analysts should only spend 20% of their
time on getting data together and 80% time finding value for the
business using unstructured analysis.
Features in Google Analytics
Visitor Statistics - source, volume, frequency,
Site Effectiveness - average pages viewed,
time on site, bounce rate, return visitors
Content - keyword ranking
Campaign Tracking - using Goals and Link Tags,
Google Analytics can track all types of online media including
banner ads, referral links, email campaigns, and organic and paid
search.
Google Analytics generally updates reports every 24 hours. This
means that it could take 24 hours for data to appear in your account
after you have first installed the tracking code.
New Features
New features in Google Analytics include:
Internal site search
Ajax and event tracking
Outbound link tracking
Urchin software fixed price
These features will be rolled out in the final weeks of 2007.