Episode Transcript
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1:03
As a business owner , being able to look at your
1:05
website's history and
1:07
trends is crucial to knowing
1:09
where you're going in your business . While
1:11
we shouldn't really obsess over the past
1:13
, being able to look at where we were
1:16
in our business can help us learn
1:18
and make the present day better and make sure
1:20
we're on the right track . In
1:22
this episode , we'll be diving into what
1:24
you should be reviewing regularly with your
1:26
website metrics , and why
1:28
so . This is going to be a little bit different than last week's
1:31
episode , where we talked about business
1:33
metrics . Now we're going to be talking about website
1:35
metrics . Welcome
1:37
to the e-commerce made easy podcast . I'm
1:39
your host , keri Saunders . When we started
1:42
this business , all I had was a couch , a laptop
1:44
and a nine-month-old my main goal To
1:47
help others . Now , with over 20 years in
1:49
the e-commerce building industry and even more
1:51
than that in web development , I have seen a lot
1:53
. I love breaking down the hard tech into
1:55
easily understandable bits to help
1:57
others be successful in their online business
1:59
. Whether you're a seasoned e-commerce veteran
2:01
or just starting out , you've come to the right place
2:04
. So
2:08
sit back , relax and let's dive into the world of e-commerce together
2:10
. Welcome back to this week's episode of the e-commerce made
2:12
easy podcast . So last week
2:14
, in episode 51 , we talked about
2:16
three key performance indicators in
2:19
your business that you should be tracking regularly
2:21
. These are mostly metrics
2:24
focused on cash and sales
2:26
in your business . Today , we're
2:28
driving into what are three key
2:30
website performance indicators that you
2:32
should be reviewing specifically
2:34
on your website using some analytic
2:36
software such as Google Analytics . Now
2:40
, if you listen to this episode in basically
2:42
real time or close to real time
2:44
and haven't already heard , google's
2:46
universal analytics data is
2:48
going to be deleted . All your data
2:50
is going to be deleted starting July 1st
2:52
of 2024 . This
2:54
is a bit of a big deal for many businesses
2:57
who have been around for a while , because they like
2:59
to look back , especially as established business
3:01
, look back at what their
3:03
history is on their website
3:05
, how much traffic's coming in , etc . So
3:08
I wanted to use this opportunity
3:11
to help you understand , as
3:13
you're growing and maybe you're already
3:15
a growing business , but you're not looking at these
3:17
metrics what should you really be
3:20
looking for it ? So , even if you're listening
3:22
past July 1st of 2024
3:24
, we're going to be looking at what you should
3:26
be looking at on your website
3:28
regularly and how we
3:30
can do that in a way to
3:32
help propel our business forward . Now
3:35
I know for some of you thinking
3:37
about looking at website metrics I get a lot of
3:39
feedback on this can sound super
3:42
scary or overwhelming . I have a lot
3:44
of customers and clients and business friends
3:46
tell me this all the time . I
3:48
just don't know what to look at , carrie . I
3:51
get so confused , I get so overwhelmed
3:53
. Those are the words they use all the time
3:55
when talking about looking at their website
3:57
analytics . But we're going to
3:59
be breaking things down and making them simple
4:02
. Plus , not tracking
4:04
these essential elements is pretty
4:06
much guaranteed to slow down
4:08
your business and your business growth , and
4:11
I know that we all want faster and better
4:13
business growth , so let's dive right in
4:15
, all right . So first
4:17
off , what are some of the key metrics
4:19
you should minimally keep an eye on and I'm only
4:21
going to go over three in this episode . These
4:24
are my top three that I think are really important . That if
4:26
you minimally look at these , it's going to go over three in this episode . These are my top three that I think are really important . That if you
4:28
minimally look at these , it's going to really
4:30
help you out . First off is
4:32
traffic volume . Then
4:34
next we're going to look at bounce rate and
4:36
what that is . And then , finally
4:38
, we're going to be looking at traffic sources , or traffic
4:41
acquisition as it is now called
4:43
in Google Analytics 4 . So
4:45
I'll be defining and getting to the details of what these
4:48
metrics mean in a few moments , but
4:50
I want you to keep in mind something
4:52
first For all of these
4:54
metrics , we want to look at trends
4:57
. Please try not to obsess
4:59
over the daily fluctuations . Some
5:01
people will do that and look at the daily fluctuations
5:04
and get really panicked or really
5:06
excited , depending on whether it's going up or
5:08
down , but likely you're
5:10
going to want to look at these metrics monthly
5:12
, maybe weekly , if your business is
5:14
pretty up and running and very established
5:17
and moving quickly . They each
5:19
contribute to your understanding of the health
5:21
of your website . Also
5:23
, if you aren't looking at any of
5:25
these yet , please give yourself grace
5:28
. It is something that even I
5:30
fall off the bandwagon on and don't
5:32
look at as regularly as I really
5:34
should . So part of this episode is really
5:37
speaking to myself and reminding me I need
5:39
to be doing this . So , and
5:41
if the thought of looking at all of these overwhelms
5:44
you , please pick one first to
5:46
work with and I'll go over which one I recommend
5:48
the most over all of them If
5:50
you can only handle doing one , and
5:53
then , a few months later , once you've got that one
5:55
under your habit and are looking at it regularly
5:57
, add the next one and then the
6:00
third one and then , if you
6:02
really want to go gangbusters , you can keep
6:04
on looking at more data . But we
6:06
also want to be reasonable and not look
6:08
at too much data and not be working in
6:10
our business and on our business . So
6:13
make sure looking at one of these
6:15
is better than looking at none
6:17
of them . So just give yourself grace . Remember
6:19
that if you're not looking at any of them , looking
6:22
at one is better than none . All right , so
6:24
let's get started . So
6:27
we're going to first look at traffic
6:29
volume . As the name implies
6:31
, it's basically how much traffic you're
6:33
getting to your website . Obviously
6:36
, if this number trends downward , then
6:38
something's wrong and you're not getting as much traffic
6:40
as you used to be getting . So
6:43
either it could be your content , it could
6:45
be your website functionality Think about
6:47
your speed or any website errors you
6:49
might have , could be marketing
6:51
strategies and could be search
6:53
engine optimization Really , just to name a
6:55
few . So if you , like I
6:57
said , if you only track one metric I stress
7:00
, this is the one metric you do want to
7:02
track . This is also
7:05
one that I recommend looking
7:07
at at a weekly or monthly basis . For
7:10
our website , for example I know I mentioned this
7:12
before on Saturdays and Sundays
7:14
, our traffic volume drops . That's
7:16
very common for us . It's happened over
7:19
the 20 some years we've been doing
7:21
this business . Our traffic is just lower on
7:23
Saturdays and Sundays Because
7:25
our target market is other online
7:27
businesses . Many of them aren't working
7:30
on Saturday or Sunday , and
7:32
some of them that might have their online businesses
7:34
like a side hustle or they're building it up
7:36
. They might be on it on Saturday
7:39
and Sunday , but in general , most of our traffic
7:41
is Monday through Friday and it usually
7:43
peaks on the Tuesday , wednesday
7:45
and Thursday days . Honestly . So
7:48
I know not to panic when I
7:50
see that traffic drop on Saturday and
7:52
Sunday , because I know that
7:55
is my website's trend . So
7:57
when you're looking at this data more regularly
7:59
, you're going to see patterns like that , so
8:02
that you know , okay , wednesday
8:04
is my most popular day and
8:06
Friday is my least popular day , so just
8:08
keep that in mind as you're looking at this
8:10
. Now , obviously
8:13
, if we see a general downward trend
8:15
across weeks or months of data
8:17
, then I know that there's something wrong with
8:19
our website that needs to be fixed . Either
8:22
my website's functionality is broken maybe
8:24
we added a feature and we thought we tested
8:26
it thoroughly and we missed something or
8:29
maybe my content is not in great
8:31
quality anymore . Maybe we're , you know
8:33
, think we're doing our best on our content
8:35
, but it's really just not landing right . I
8:38
could have added a feature to our website that
8:40
might be slowing it down and causing issues
8:42
with consumers . You know
8:44
, maybe we don't notice because we're here
8:46
near our servers , but other
8:49
people out in the internet will notice
8:51
the slow down more than us . Or maybe
8:53
because our computers are pretty fast , because that's
8:55
what we do is work on websites , so
8:57
maybe we need to try it on another device that's
8:59
a bit slower , or maybe
9:01
my marketing efforts aren't landing
9:03
anymore . So this
9:05
metric is really a general
9:08
great heartbeat of your website
9:10
and ideally , of course , you
9:12
want to see a growth curve on
9:14
traffic volume . All
9:17
right , so next we're going to go into bounce rate
9:19
. Now . It is the one
9:22
that Google took away when they brought
9:24
out Google Analytics 4 . And
9:26
users complained so much that
9:29
they brought it back . It is a very useful
9:31
tool to have on your website . It
9:33
really is a vital thing
9:36
and it helps you understand
9:38
your website a lot
9:40
better . So if you only want to look at
9:42
two metrics , I recommend the traffic volume
9:45
and the bounce rate . It's
9:47
the next one that I would totally add to your
9:49
list to look at regularly once you're in the
9:51
habit of doing this . Bounce
9:53
rate simply shows whether people go to your
9:56
website and leave right away . So
9:58
the word bounce comes from . They basically
10:00
bounce onto one page of your website
10:03
and then they're gone , so kind of like jumping on
10:05
a trampoline and then jumping right back off . They
10:07
land there and they're like nope , this is not for me
10:09
, and they jump right back off . So
10:11
if you have a high bounce rate , or
10:14
if you see your bounce rate getting higher
10:16
, then something is probably wrong
10:18
with your website . Typically
10:20
, it's one of two things . One
10:22
, the wrong people are getting to your website
10:25
. Or two , the right people are getting
10:27
to your website , but they find it unengaging
10:30
and they don't want to stick around . So
10:33
to fix both of these , generally
10:35
you need to fix your messaging , and
10:37
it could be either the messaging on the front end
10:39
, your marketing message or
10:41
it could be the messaging on the back end , basically
10:43
the content on your website's messaging
10:46
. So are you
10:48
messaging and marketing
10:50
to the wrong people ? Are the wrong people
10:52
come to your website and then when they get there it's
10:54
something else than what they expected . Or
10:57
are the right people getting your website
10:59
but then the content they see is
11:02
not engaging and they kind
11:04
of felt like you're going to have something else
11:06
to give them . So
11:09
you'll want to do some digging here and
11:11
this can be a little bit hard
11:13
to nail down as to why
11:16
your bounce rate is high . So you really need
11:18
to be digging into this one and be
11:20
patient with it . So talk to some current
11:22
customers , talk to potential
11:24
customers to see if your website
11:27
resonates with them . You know you're going to
11:29
need to do some detective work here and
11:31
get some other people's opinions . Get
11:34
some opinions of trusted people in your business
11:36
too . An outside look
11:38
on your messaging for both
11:41
your marketing and your content can really help
11:43
narrow down where the disconnect is . Now
11:46
, if you think you've got your marketing messaging
11:48
as well as your website messaging nailed
11:50
down and you think that's pretty solid and good
11:53
, a few other reasons your bounce rate
11:55
may be high . Is that one your website's
11:57
too slow . You might have something
11:59
broken on your website and don't realize it . Maybe
12:02
it only is broken in
12:04
Chrome on a Mac computer
12:06
, or maybe it's only broken on
12:08
an Android phone , for example
12:12
. Another thing could be is your website isn't
12:14
visually appealing or is too cluttered and
12:16
they just get there and they're overwhelmed and they just
12:18
want to leave . So
12:20
for the website too slow issue , you
12:23
can refer back to episodes 20 and
12:25
47 , which we'll link to in the show
12:27
notes , for how to understand and test
12:29
speed metrics on your site and
12:31
how to improve them . Having a
12:33
too slow website can also affect your
12:36
search engine optimization , which we talked
12:38
about in previous episodes too , which
12:40
will also affect your traffic volume
12:42
. So Google is going to penalize
12:44
you if your website's too slow and it's going
12:46
to send less people to your website , and
12:49
the people that get there are
12:51
probably going to bounce because it is too
12:53
slow and they're just going to give up and leave . And
12:56
many of these metrics are interconnected
12:58
, so keep that in mind , ok
13:01
. So , lastly , we're going to talk about our third
13:03
metric , which is traffic sources
13:05
, or acquisition , and the new Google
13:08
Analytics 4 , they
13:10
use the word acquisition for this , and
13:13
so what does this mean and why do we care
13:15
? So traffic sources shows you
13:17
where your traffic is coming from , as
13:19
the name actually implies . This
13:22
metric's very important as it can help you understand
13:24
which of your marketing efforts
13:26
is working . So let's
13:28
say you're running some social media campaigns
13:31
or even some social media ads . If
13:33
you look back at that week or that
13:35
month's worth of traffic source where
13:37
you're doing these sort of campaigns whether it's
13:40
free campaigns or paid campaigns and
13:42
you don't see an increase in traffic from
13:44
your social media compared to a previous
13:46
time set where you weren't doing these types
13:49
of marketing efforts , then
13:51
you know your marketing efforts are
13:53
off somehow . Maybe it's
13:55
your messaging . Again , you know messaging is
13:57
so important We'll be going into this later on
14:00
in our podcast episodes . But
14:02
without knowing that your
14:04
traffic source from
14:06
social media isn't increasing as you
14:08
would expected , you wouldn't know
14:11
you need to pivot in your marketing efforts
14:13
there . You wouldn't know that you might need
14:15
to change your messaging on your social media
14:17
posts or maybe your messaging in
14:19
your social media advertisements . So
14:22
keeping an eye on this is going to be very important
14:24
, especially once you start having advertisements
14:26
to your websites . Also
14:29
, with having traffic sources too , you
14:31
can see how much organic traffic you get
14:33
. This will help you understand
14:35
how your search engine ranking is doing
14:37
so . Organic traffic basically
14:40
is traffic that comes
14:42
to you organically it's
14:44
just kind of the name of the word . It just comes
14:46
to you naturally via search engine results
14:48
. So if you see your organic
14:50
search rising
14:52
your organic search term it's
14:54
kind of hard to say altogether then
14:57
you know your search engine optimization
14:59
is making progress and
15:01
this is great for long game tactics
15:03
like search engine optimization to really
15:06
monitor and make sure it is working . Another
15:09
one I love to look at under traffic
15:11
sources or acquisition is referral
15:13
traffic . So this is traffic
15:16
that comes to your website being an external
15:18
link from somebody else's website
15:20
. If you're getting good quality links
15:23
back to your website , this not only
15:25
helps increase your visibility from other websites
15:27
, obviously , but it also boots
15:29
your search engine optimizations because
15:31
you're going to look more important
15:33
to Google and the major search engines . If
15:35
other websites are linking back to your
15:37
website , getting
15:54
some business relationships or connections outside of your circle and getting some more
15:56
links back into your website , which is going to help boost your credibility , it will help boost
15:58
your search engine optimization rankings
16:01
and all those things . It's going to be a
16:03
nice snowball effect . So if you see
16:05
your referral traffic is low . That
16:08
might be something you might want to target next as
16:10
your goal for , like the next quarter , is
16:12
hey , I want to try to increase my referral
16:14
traffic so that I can get some more diverse
16:17
inbound links into my website
16:19
. Okay , so hopefully
16:21
that wasn't too much and too overwhelming , so
16:23
let's recap where we came from , all
16:25
right . So first off , we talked about three
16:27
metrics that I feel like are minimally
16:30
a great thing to review on your website
16:32
regularly . Again , make
16:35
sure this fits you or you won't do
16:37
it . You know , maybe it's monthly
16:39
, maybe it's every quarter . Don't feel
16:41
bad if it's not all the time
16:43
. The really big
16:46
, really busy websites may be looking
16:48
at this weekly , but honestly , most
16:50
businesses are going to look at this at
16:52
most monthly , and I
16:54
recommend minimally quarterly would be
16:56
a really good idea . That way you have some data
16:59
to look at , some , you know , long-term
17:02
data to really see what your trends are
17:04
. And the things that we talked about
17:06
looking at is your traffic volume how
17:08
much traffic are you getting to your website ? Is it increasing
17:10
? Is it decreasing ? How are you ? How traffic are you getting to your website ? Is it
17:12
increasing ? Is it decreasing ? How are you ? How fast are you
17:15
increasing ? Hopefully you're not decreasing
17:17
and if you are , hopefully it's a slow decrease
17:19
and then you can bounce that back up and
17:21
get it to increase again . The
17:28
next one we talked about was bounce rate . Are people landing on your site and leaving
17:30
right away ? That is a very big , bold red flag , for something
17:32
is seriously wrong . If your bounce rate is high
17:34
, you either have your messaging wrong
17:36
on the traffic that is coming
17:39
into your website or
17:41
your website . There's some functionality
17:43
was wrong or slowness is wrong . And
17:46
then you can use that in conjunction with the next
17:48
one , the traffic sources , to
17:50
see what your bounce rate and whether
17:52
your traffic sources , where they're
17:54
coming from and what might be the source
17:56
of problems with your website
17:59
, and whether you're increasing your traffic sources
18:02
from social , from referrals and
18:04
things like that . We want to make sure that we're growing
18:06
in the areas that we are focusing on
18:08
. All right , so
18:10
that's it for this week's episode . I
18:13
hopefully that was super helpful for you and
18:15
not overwhelming . I appreciate
18:17
you joining me this week on the e-commerce made
18:19
easy podcast . Be
18:21
sure to visit our show notes and other episodes
18:24
on e-commerce made easy
18:26
podcastcom or your favorite
18:28
podcast player . If you're watching
18:30
this on the YouTube channel , make sure you hit that subscribe
18:33
button and if you're listening on
18:35
the podcast , hit that follow button wherever you're
18:37
listening and if you're loving our e-commerce
18:39
made easy podcast , I would be thrilled
18:41
if you rated us and reviewed us on
18:43
Apple podcasts . That really
18:46
helps me reach more listeners
18:48
and empower more people like you
18:50
to thrive in the online business world
18:52
. Thank you again for listening and
18:54
we will see you next week .
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