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Knowledgebase: Analytics

A/B Testing

A method of comparing two versions of something to see which performs better.

A/B Testing is a method of comparing two versions of a web page, ad, email, or other marketing element to determine which performs better based on a specific goal, like click-through rates or conversions. In an A/B test, two variants (usually labeled as “A” and “B”) are shown to different segments of an audience at the same time. Version A could be the original (often called the “control”), while Version B has a single variable change, like a different headline, image, or button color.

By measuring which version drives more engagement or conversions, A/B testing allows businesses to make data-driven decisions, fine-tuning their content for better results. It’s a powerful tool for optimizing marketing materials, helping companies understand what resonates best with their audience and gradually improving overall effectiveness. Effective A/B testing relies on clear goals, careful tracking, and enough sample size to ensure the results are statistically significant.

Analytics

Tools and data that reveal how people interact with your website or content.

Analytics are tools and metrics that provide data on your content or site, which is valuable in helping gauge the success of your digital branding and marketing campaigns. Some of these web services that can pull analytics for your content are Google Search Console, SEMRUSH, Sprout Social, Microsoft’s Bing Webmaster, and Google Analytics.

Bounce Rate

The percentage of visitors who leave your site after viewing only one page. A high bounce rate may signal that your content isn’t engaging or meeting visitors’ needs.

Churn

Churn refers to the rate at which customers stop doing business with a company over a specific period. It’s an essential metric in subscription-based and service industries, as high churn indicates customers are leaving faster than new ones are acquired. By analyzing churn, businesses can identify and address customer pain points, aiming to improve retention and customer satisfaction.

Click Through Rate (CTR)

Click-Through Rate (CTR) measures the percentage of people who click on a link compared to the total number who viewed it. CTR is an important metric in digital marketing as it indicates the effectiveness of an ad, email, or call to action. Higher CTRs often signal that the content resonates with the audience and encourages engagement.

Conversion Rate

Conversion Rate is the percentage of visitors who complete a desired action, such as making a purchase, signing up for a newsletter, or downloading a resource. This metric helps businesses assess how well their website, ad, or content is persuading users to take action, allowing for optimization of marketing efforts to increase sales and engagement.

Customer Lifetime Value (CLV)

The total revenue a business can expect from a single customer account throughout their relationship. Understanding CLV helps businesses make better marketing and sales investments.

Engagement Rate

The rate at which people interact with your content, like clicks, comments, and shares.

Funnel

A marketing model describing the journey potential customers take from initial awareness to conversion. Common stages include awareness, consideration, and decision.

Impressions

The number of times your content is shown to a user, whether they click on it or not.

KPI (Key Performance Indicator)

A measurable value that shows how effectively your business is achieving key objectives. KPIs help track progress and adjust strategies as needed

Scroll Depth

A metric showing how far down a webpage a visitor scrolls. It reveals engagement levels and whether users are consuming your content.

Tracking Tags/UTM Codes

Small bits of code added to URLs to track where traffic is coming from in analytics.

Traction

The measurable progress or momentum your business gains, often through customer engagement or sales.

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