Step 1: Set goals
Every website, and every page on your site, should have a goal. Goals can be anything: encouraging an in-store visit, collecting a prospective customer’s contact information, signing up for coupons, or purchasing right off the site. Goals are not only important for figuring out how well your business is performing. Having a goal in mind when you design the page will help make sure customers visiting the site take the next step toward purchasing. Setting goals is an easy way to tell Google Analytics which data is most important to you.
For an ecommerce site, the most important goal is to make a sale. After making a purchase, the customer gets a “Thank you” page. Ask your web designer to insert code on this page so that every time a customer makes a purchase, Google Analytics takes notice and you can segment out that data later. Then set the goal up in Google Analytics under the “Admin” tab. Make sure you also assign a value to each goal. If the customer made a purchase, determining their value is easy. But you should also assign values to other behaviors like signing up for alerts or coupons. Later, when you analyze your data and see how many visitors you didn’t convert to a sale, you can get a better sense of how much potential revenue that customer would have given you had you converted them.
Step 2: Determine the demographics of your most valuable visitors
You probably have a picture in your mind of your ideal customer. But how do you know if that picture is accurate? Take a look under the “Audience” tab and click on Demographics. The overview gives basic demographic information on the visitors to your site such as age and gender.