I often contribute to StackExchange websites, mainly to the Webmasters StackExchange as SEO is the main topic there.
I plan to go over all of my (successful) answers on the Stack Exchange website and dive deeper in my blog.
Table of Contents
- How to see the full conversion funnel of a customer?
- Segmented data. The broad way. The easy way.
- Attribution Modeling. The precise way. The hard way.
- Further Granularity
How to see the full conversion funnel of a customer?
Jimmy isn't completely satisfied with his current Google Analytics set up in validating whether or not campaigns have been successful.
He wants a more granular view of Google Analytics for paid campaigns, or other similar campaigns, to see if these campaign lead to a conversion.
Segmented data. The broad way. The easy way.
Segments in Google Analytics is a good stopping-point between an Analytics amateur and an analytics pro.
Segments allow you to separate 'patterns' in your analytics so you can have a more granular look at your data.
For what Jimmy would want to do he would simply have to segment 'Paid Users' in order to observe analytic behaviour for paid users - across multiple sessions.
Segments are great at the user level for building effective remarketing lists. For example, segmented users you have visited your
/contact page but have not submitted your contact form are prime targets for a remarketing campaign to recapture these lost leads.
Attribution Modeling. The precise way. The hard way.
Segmenting for 'Paid Traffic' is great for a broad overview for Jimmy's problem, however the real useful data comes into play with attribution modeling.
This is where you can track first interaction/last interaction to see if Paid traffic leads to users who return to your website and convert later, or if it's good at bringing people back who failed to convert the first time.
Attribution modelling helps fight the bias of the 'Last Attribution' model getting all the credit for a goal conversion - what kind of insights do you get from a goal if the traffic source is direct?
In all likelihood this is a repeat visitor who has sold themselves after returning to the website.
Here is a comparison for he different attribution models:
- Last Interaction: The default model, the last touch point of a customer. This model often introduces a lack of insights, especially with direct traffic into just what lead a user to complete a goal.
- Last Non-Direct Click: A simple model that filters out direct traffic as a source. Can help what was the selling point for a user prior to conversion.
- Last Adwords Click: A variation on the Last Interaction model specifically focused on Adwords campaigns. A section of Adwords customers convert from the 2nd - 6th campaign click, especially within the B2B space, so this would be great to see the 'winning' Adwords campaign that leads to a purchasing decision.
- First Interaction Model: The first attribution model gives full credit to the first touch point for a customer - i.e. Adwords Campaign. This is useful if you want to identify which technique is effective in bringing new users, even if it doesn't necessarily lead to an immediate sale.
- Linear Model: The linear model provides an equal reward to each step of the conversion path. This is a good model when trying to identify the 'typical' conversion for users when forming your personas.
- Time Decay: The time decay model provides greater weight to interactions closer to the conversion. When a user is in a purchasing mind set, they may have multiple touch points with your website prior to actually pulling the trigger.
- Position Based Model: The position based attribution model provides credit to the first and last interactions, whilst evenly distributing the middle interactions. This model is great to value what brought a customer to the website and what converted them.
One thing that Jimmy wanted was absolute granularity on a user-by-user level.
To achieve this, a clever manipulation of setting your goals by setting your goal url as a query would be the best way to achieve this.
For example having goals end with
/contact/thank-you?id=222 instead of
contact/thank-you allows an extra level of flexibility in segmenting your Google Analytics data.
This is great if you are keeping track ideal customers separately in your CRM and you want to look them up to see what patterns they have i.e. returned to your website within a week after purchase.
For your goal, changing it to
starts with has way more insights for isolated analytical observation than an exact url for goals.
This kind of granular observation for individual conversions would be ideal for people like Jimmy wanting to observe behaviour and making further design decision based on actionable data.