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The Two Required Features of Google Analytics that
Tell You Where Your Revenue Comes From




 Lars Lofgren
 Marketing Analyst - October 2012   info@kissmetrics.com - Confidential - Do not distribute
@larslofgren #KISSwebinar
We’ll cover...




1   How to get ecommerce working

2   How to set up goals

3   Q&A
Our goal: connect data back to revenue
WHEN TO USE
Ecommerce
Use ecommerce tracking if you take credit cards
Google Analytics doesn’t do this by default
Step 1: Enable Ecommerce Tracking
DEMO
Time
Step 2: Add ecommerce tracking code to your site
Every order will have slightly different code




                        vs
This isn’t a copy & paste job
Your website produces the code each time
Add the code to you payment confirmation page
How GA ecommerce tracking works




 1   Shopping cart captures order info

 2   Your site builds the tracking code

 3   GA tracking code executes

 4   Sends data to GA servers
Add it within your regular GA tracking code
DEMO
Time
What if we can’t modify the shopping cart?




    Many payment platforms severely
     restrict what you can do with the
             checkout process.
You’re going to want help from a developer
WHAT IS A
Goal?
A goal is a critical event for your business
Use ecommerce first, goals second
Google Analytics goal examples




 1   Account sign ups

 2   Newsletter sign ups

 3   Lead gen forms

 4   Downloads
The data you’ll have
We tell GA what our goals are
THE 4 GOAL
Types
1. URL Destination




 Every time someone views a page, the
                goal triggers.
DEMO
Time
Funnels aren’t that flexible




   They only work when your site has a
        series of consecutive steps.
What if we don’t have a unique URL?




1   Use event goals

2   For funnels, use virtual pageviews
What’s a virtual pageview?




  We tell Google Analytics by hand that
   a pageview occurred when it didn’t.
This is what the virtual pageview code looks like:
Be careful with virtual pageviews




  Only use them when you need to add
  a step to your funnel and URLs won’t
                     work.
DEMO
Time
GOAL
Values
Only use goal values when they lead to revenue




     We don’t want to assign random
      values to our goals. If you can’t
    connect a goal to revenue, leave it
                    blank.
Let’s work through an example




 1   Each sale gets you $100

 2   You need 10 lead to get a sale

 3   Each lead is worth $10

 4   Your lead gen form should have a goal
     value of $10
Recalculate goal values every 3-6 months
WHO GETS THE
Credit?
All traffic report from Google Analytics
How does Google Analytics assign credit?




  Credit goes to the most recent traffic
         source (except for direct).
Let’s say Susan comes to your site
She discovers you via a Facebook post and buys
Next time, she uses an organic search and buys
Who gets the credit for each purchase?




1   Purchase #1: Facebook.com

2   Purchase #2: Organic keyword
This creates distortions in your attribution




1   Marketing to new customers is undervalued

2   Marketing to repeat customers is overvalued
Web analytics can’t track people over time




  Customer data gets split up between
          multiple traffic sources.
To get a complete picture of your customers...




  You’ll need to use customer analytics.
A revenue report that includes repeat purchases
Use KISSmetrics for long term tracking
Q&A Time!
    Lars Lofgren
 llofgren@kissmetrics.com
        @larslofgren

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The Two Required Features of Google Analytics That Tell You Where Your Revenue Comes From