As they say, ignorance is bliss.
Unfortunately, this generally doesn’t apply to digital marketing. In fact, ignorance may be as far from bliss as possible, especially if your social media accounts aren’t performing to your standards.
For those with no way to track website performance and metrics, it can be easy to believe that you’re hitting all of your benchmarks, driving new traffic, and harvesting adequate leads. Overlooking weak spots and missing pain points completely is also possible without a good way to objectively evaluate how your social media accounts are functioning.
Luckily, there’s a better way. Google Analytics is a free tool widely used by novice webmasters and seasoned veterans alike. It offers an easy way to evaluate traffic sources and determine the effectiveness of social media campaigns. Providing insight into the many facets of site functionality, Google Analytics can unwrap your website’s performance, uncovering the truth about what your digital marketing is able to accomplish.
Curious? Here’s how you can make the most of your social media stats:
Track Traffic Sources
Many marketers erroneously believe that as long as website traffic stays steady, everything must be fine. In reality, this couldn’t be further from the truth. Without a solid understanding of where your customers are coming from and how they’re getting to you, it’s very challenging to get a full picture of consumer web behavior. Google Analytics is extremely valuable in this arena, breaking down traffic from exact point of origin.
Under the category Real Time there is a section called Traffic Sources. From here you will be able to see exactly where traffic to your website is originating, a function that silos results based on individual traffic sources. Many of these sources should be expected; most marketers see many results from Google and direct access, as well as social media sites, blog posts, and more. Take the time to go through your most popular sources, and determine which are social media sites and see how these sites rank overall.
Set Goals with Campaigns
In order to truly hone in on how your social media marketing campaigns are working, Google Analytics lets users set up goals. This feature allows you to narrow your results, tracking specific features regarding how consumers perform once they reach your site.
Under the Admin tab, click Goals, and then select New Goal. In the fields provided, enter the data you wish to track, including pages visited or viewing duration. Choose a name that summarizes what you’d like to accomplish, and select Destination as the type. Then, in the destination field, enter the tail end of the URL you’d like to track. For example, if you’d like to see how many Twitter followers make a purchase, you can set this field to reflect your Thank You page. Users can also add monetary value tracking or incorporate a sequence of pages through the Funnel feature.
For most marketers, conversions are an end goal. Fortunately, Google Analytics makes tracking conversions easy, providing access to one-click insight by going to the Acquisitions menu, selecting All Traffic, and then choosing Channels. From here, users can enable the Social view to see exactly how social media sites break down.
The report generated here will include many valuable stats, including goal conversion rates, goal completions, and goal value, providing a great overview into how your goals are performing for each social site. Users can also utilize the Assisted Conversions report, accessed under the Conversions menu under Multi-Channel Funnels. This report maps which leads were originally, but maybe not specifically, a result of social media marketing. For example, a customer may have found your site through social media, clicked away, and then used Google to find your page again days later in order to make a purchase.
Google Analytics is a great start, but numbers alone can’t tell you how to improve. Instead, you need to learn from what information you have available, using it to develop insights that can be applied to boost your social performance. Devise questions that relate to social behaviors and see how your customers are fitting into the mold. What social media sites have the highest visits? Do Facebook leads have a longer page duration? Is your traffic from Twitter viewing more pages on average?
Formulating these questions can help you get to the root of your social media successes and failures, especially when you are running specific campaigns. For example, if visitors from Twitter are spending more time on your landing page but don’t see a reason to click through, perhaps your marketing materials are misleading.
For marketers at all stages of the game, access to analytics can be the demarcation between growth potential and slowing sales. Google Analytics can provide many of the insights you need to improve performance, putting game-changing resources right at your fingertips.