Social Commerce

Google Analytics: A Closer Look

by Spencer on December 12, 2011

See how Google Analytics has changed and how it can affect eCommerce

The new version of Google Analytics isn’t exactly new; it’s been available for months. However, many have avoided it for the sake of efficiency, especially those in eCommerce. While the old version runs fine and has become comfortable for many people, the new features and available data make switching over a logical decision. The decision to make the move might soon be made for you, as Google has begun making it the default version and gives me the impression that the old version may not be around for much longer.

The most noticeable change is the new interface. A first glance, especially for those of you who have been using GA for a long time, will likely strike you with terror. You’ve probably thought, “I can’t find anything here,” as you move your cursor to click ‘Use Older Version.’ However, if you take some time to look around, you’ll find some things that might excite you. Everything has been streamlined and the interface is more intuitive. Google has crammed a ton of information into drop tabs that nicely organize into a few main categories. Here are some of the more noticeable changes:

  • Site overlay is now known as In-Page Analytics. It’s also now listed under the content tab. It’s been around for about a year now in Beta testing on the old version and is fully operational in the new one.
  • Mobile traffic tracking has been expanded to show manufacturer, model, interface type, OS and more while featuring all the same attributes as your standard traffic tracking. You can even see how many transactions came from these phones, which has great eCommerce potential.
  • A Visitor Flow graph has been added to show how people are navigating a site and can be sorted by a variety of filters.
  • Multi-channel funnels have been added, as well as assisted conversions, allowing you to see exactly how different channels are working together. Seeing how many conversions are coming from what campaigns is a powerful tool.
  • A Social Media component has been integrated, allowing you to use Analytics to track the effectiveness of your Twitter, Facebook and other Social Media campaigns in conjunction with the rest of your marketing strategy.

It’s important to note that these new features require no additional JavaScript or variables to be added to your site. They all come featured.

My favorite portion, aside from the new interface, is the change in the conversion attribution algorithm, which in turn also changes how GA defines a page visit. Before, a “visit” was defined as the user landing on the Web site. Regardless of how many times the user came back, one session was counted as one visit no matter how many referring sites there were and conversions were awarded to the last referring site before the purchase. The problem with this was that it was impossible to accurately track visits from mailing campaigns, organic traffic, etc. This has all changed.

Session and Visit Metric Changes

Now, a user’s session ends once they leave the website. So, if I use Google search to land on VerticalRail.com, click around a bit and leave the site to go to Facebook then that session ends. It is counted as a visit from Google and a new session begins once Facebook lands me on the page. Even if I use Facebook to turn around and come right back to the same site, it still registers as a visit from Google and now a visit from Facebook. Also, if I don’t leave the landing page and then go to Facebook, this counts as a bounce for Google, even if I use Facebook to take me right back to the site. This also ignores time spent on page. So, if I used Google to land on this blog page, read it, left it open for 15 minutes and then left for Bing, it would still be counted as a bounce. Basically, no matter what engine or link brings a user to a site, that referring site gets credited a visit and the session immediately ends once they leave. There is no longer a 29 minute inactivity period before a session is terminated.

Additionally, a user is only counted as a “new visitor” on their first session on the page. Once they leave the site and arrive again, a new session begins and they are considered a “returning visitor” from now on. Is this indefinite? Will someone be listed as a new visitor again if they clear their cookies? Is it based on a session ID? These are all questions that come to mind but remain unanswered. There is currently a feature that allows Analytics to track Time to Purchase, so I would assume there exists a way to indefinitely track a user’s history with a site, but I can’t be certain. We’ll be keeping an eye on it to see how it unfolds.

All of these things lead me to believe that Google is trying to address many of the accuracy issues that led people to using GA in conjunction with programs like Omniture and the like. It’s important to remember that with these changes, it’s essential to pick one analytics program and stick with it. Google Analytics is going to show different metrics than other programs and it leaves room for error if used in conjunction with other statistics programs. A more streamlined interface combined with increasingly robust data makes it an incredibly valuable and powerful resource, especially for those in eCommerce. Overall, I believe that the direction Google is taking GA is a great step in the direction of being able to use a singular analytics program instead of having to juggle multiple ones. I’m truly excited to see what 2012 will bring to bear.

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How Online Merchants Can Increase Sales and Influence Consumers with Social Commerce

It is no secret that Facebook dominates the social networking field.  Facebook controls almost half of the US traffic to social media sites with more than 500 active users who together spend over 700 billion minutes per month on the site1.  Facebook is now taking on e-commerce, and forever changing the way that people shop online and interact on social media sites.

With a Facebook store application, businesses can now sell products directly from their fan page and shoppers can purchase items from their favorite stores without leaving the Facebook site. This new trend is on the cusp of exploding into a multi-billion dollar opportunity for e-commerce businesses, and now is the time to get involved.  The following five applications will get your products listed on Facebook and help turn your “friends” into customers.

  • Payvment is leading the way in Facebook e-commerce.  Currently in its beta stage, Payvment is free for merchants who want to sell products directly from Facebook. Merchants using Payvment will benefit from the easy installation process, integrated marketing features, and built-in sales tracking.  Payvment allows merchants to sell an unlimited number of products and offers domestic and international shipping options.  Their promotional features include Facebook fan discounts, the ability to “share” store and item information with Facebook friends, and built in review and commenting capabilities.  Overall, Payvment has great benefits for merchants and customers, combining shopping and social media in a seamless and easy to use application.
  • Shop Tab is a data feed driven program that connects Facebook users with merchant websites. For $20 a month, businesses can list up to 3,000 products on their Facebook fan page under the “shop” tab.  Unlike Payvment, Shop Tab shoppers are taken to the actual merchant website to complete the transaction instead of paying directly through Facebook, which removes any worry of payment delay or security breach.  With a low monthly cost and easy self-management tools, Shop Tab is a great way to get involved in Facebook Commerce with almost no risk.
  • Milyoni (million-eye) helps integrate e-commerce business with social media in a “conversational commerce” site that allows Facebook users to transition from fans to customers.   They operate on a performance driven pricing model, with services starting at $2,000. This is a managed solution instead of a software download, and Milyoni provides all of the technology, hosting, and customer service to ensure a successful Facebook store integration.   The goal of Milyoni is not only to increase online sales through a Facebook store, but also to connect fans in a social context to promote customer engagement and loyalty.
  • ShopFans is a social commerce application created by Adgregate Markets. Their pricing is based on revenue share, and is unique to each client. The ShopFans application allows merchants to sell products directly on their Facebook Fan Page, and consumers can complete the entire secure transaction without leaving the Facebook site.   This program allows businesses to market to their social networks, giving consumers the ability to share their “Wish List”, “Like” products, sign up for registries, and participate in exclusive sales.  Their goal is to turn “conversations into conversions” by fully integrating social commerce with e-commerce to create a unique shopping experience.
  • Social Shop operates on the belief that combining social media and e-commerce leads to more customers and more sales.  Social Shop was created by BigCommerce, and is a Facebook application that allows retailers to sell directly through Facebook. They offer five programs that range from $24.95/month to $299.95/ month with an additional $49.95 startup fee for each merchant. Social shop is easy to use and connects merchants and customers in a social context by allowing Facebook users to browse products through a “shop” tap on the business fan page, view product photos, and quickly share products with friends.

There is no question that these Facebook applications are revolutionizing the way we shop, making it a truly social experience.  Facebook commerce offers untapped possibilities for both merchants and consumers. No one can say for sure where this new e-commerce avenue will lead, but chances are, it is going to be big.

1 http://www.facebook.com/press/info.php?statistics

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SortPrice and the Facebook Wishlist

December 22, 2009

Sounds like the title to a children’s book.  The potential ramifications certainly point to thousands of Facebook users suddenly giddy with child-like excitement upon receiving notification that the special item they have had on their wishlist is now available at the price they are willing to pay. And it is a simple Facebook Application.  So right there in my toolbar, I now see every application that can get me through any day: Farmville, Mafia Wars, Bejeweled Blitz, Foodfight and now… Wishlist.

Wishlist. [...]
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