By TinyURL Marketing
Last updated on October 24, 2022
Site metrics like your visitors, bounce rate, and conversions will give you an indispensable advantage when running your marketing. This article will cover 5 of the most important ones you should know, and how you can put them to work for you.
If you’ve invested the time and money setting up a website for your business, you’ll want to keep a close eye on its performance to make sure it’s worth the time and effort. Knowing what key site metrics to track can give you an edge in improving your KPIs and using your website to achieve your marketing and business objectives.
There are a lot of metrics that you could look into: from your daily visitor count to the paths they take across your site. All of them are useful in one way or another, but there are 5 key figures to track that can give your business everything it needs to know to maximize revenue.
In this article, we’ll list some of those most important metrics and offer some tips on how to make use of them for your marketing analytics.
The most critical site metric to track is site visitors (often referred to as traffic). This is the number of people who land on your site. Generally speaking, the bigger the number, the better. More eyeballs on your website means you’ve got more opportunities to earn new sign-ups, potential customers, or just straight up ad revenue.
Site visitors, like most of the metrics on this list, can be highly contextual, and while the general rule of “more is better” usually applies, it can mean different things depending on other metrics (such as where your visitors and clicks are coming from), which we’ll tackle further below.
While the raw numbers of site visitors can be pretty straightforward, actually making use of the metric and making sure your analysis is telling you something useful is a bit more complicated than just “more is better”.
TinyURL’s shortened links can be a great addition to your website traffic monitoring, and can be set up to tell you which of your marketing channels are bringing in traffic. You can use them to track how well your ads, social media posts, or emails are performing.
Likewise, you can use site visitors alongside other key site metrics to track, such as conversion metrics (i.e. sales, sign-ups, or other valuable actions you want to see) to check the quality of the traffic you’re bringing. This will help you balance priorities and map out the best ways to acquire new traffic and allocate your efforts.
Just as valuable as site visitors is your conversion rate, or the proportion of your site visitors who take valuable actions on your website. All those eyes on your website don’t amount to much unless they’re driving the rest of your business, whether it’s sales, signing up for events or services, or even just adding a little bit of extra ad revenue.
There are a number of ways to track your conversion rate. You can set up success pages that only converted users can see, distribute promo codes, or use a service like Google Tag Manager to track conversion events.
As with any metric, context is king. Consider your business, strategy and products, and use these as a lens for interpreting your conversion rates.
Traffic sources is another key metric to track because it shows you where on the internet your users came from before landing on your site. This can be helpful in tailoring your marketing towards sources with the best conversion rates, or show you which marketing strategies are driving site traffic and awareness.
Direct traffic (which we’ve written about before) is a bit of an outlier because it counts both users who visit your site without having clicked through from another website (such as from a browser bookmark, or a QR code), as well as visitors who land on your site through email and other sources Google Analytics can’t track.
Traffic sources is a critical site metric to track to give you valuable info about your potential customers as well as the effectiveness of your marketing initiatives.
Another important site metric to track is average time spent on page, or dwell time.
How much time does the average user spend on your website? Do they take the time to browse, just pop in for quick updates, or do they linger and explore?
Dwell time is a key metric to track so that you can see whether the parts of your website and your content are working as intended.
Time spent on page (or dwell time) is, like every metric, highly contextual. Different parts of your website will have different types of ideal dwell time.
Bounce rate refers to the proportion of users who land on your website and leave before visiting any other pages. In a way, it’s like the evil sibling of conversion rate and dwell time, showing you what percentage of your visitors “bounce” off the site without doing anything meaningful.
But the metric is more complex than that, as high bounce rates can even be desirable depending on the nature of the pages or sites in question.
How you analyze your bounce rate depends on what you want your pages to do – so it’s about as contextual as dwell time. Consider how you want people to use your website and what you want specific pages to do (you can view your overall bounce rate or, more usefully, check individual pages).
We hope you’ve found this tiny guide to key site metrics to track a useful addition to your digital marketing knowledge. Keep a close eye on the most important site metrics, and you’ll be able to accurately assess the performance of your website and your digital marketing efforts.
TinyURL’s shortened links can help you track key site metrics, such as traffic sources, peak times, devices used to view your links, and more.
Our streamlined analytics dashboard lets you track real-time metrics for each of your shortened links, making them data gathering powerhouses perfect for small businesses looking to get started with marketing analytics, or as a complement to the tools of a bigger organization.
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