Google Analytics is essential for every ecommerce website. In this session, you'll learn to read and understand GA reporting, and how the reports relate to your business. If you already understand how Google Analytics works, the advanced course will teach you how to implement best practices for successful ecommerce marketing strategies.
2. Agenda
1st Hour:
• Introduction to Google Analytics
• Key Google Analytics metrics and definitions
• Reporting overview – key reports for merchants
• Introduction To Enhanced Ecommerce
2nd Hour:
• Using Google Analytics to drive your business
• Reporting strategy
• Campaign tagging strategy
• Profitability reporting
• Google Tag Manager and Universal Analytics
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3. eComIQ
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• Digital Advertising Agency
– Paid Search & Shopping Campaigns
– Conversion optimization
– Digital Advertising Strategy
• Google Analytics Consulting Company
– Custom and Complex Integrations
– Google Tag Manager
– Data Import
– Using Google Analytics Data To Increase Sales
• Consultant For Over 250 Miva Merchant Companies
4. PPC
Miva Merchant PPC Agency
• 10% of ad spend ($500/month minimum billing)
• Dedicated account manager with direct access (phone and email)
• Includes Analytics setup and support
• Includes monthly report with focus metrics reported vs. established
goals
• Focus on Ecommerce sites and Shopping campaigns
• Includes additional consulting at no additional charge
– Conversion optimization
– Value proposition development
– Competitive analysis
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5. My Babies
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• Largest Greek imports retailer on
the web
• Online since 2004
• Miva Merchant since 2004
• Launched in 2006
• Google Analytics certified partner
since 2008
• AdWords and Bing Certified Partner
• Launched in 2011
• The “Miva Central” to-be of Google
Analytics apps
• Launched in 2009
6. Why Do You
Need Analytics?
Website Analytics enables monitoring of visitor behavior
• How they reached the site
• Where they went when they landed on the site
• Whether or not they were successful in completing a goal on the site
(purchase, lead, etc.)
Website analytics identifies opportunities for improving conversion rates so
you make more $$$
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7. Key Metrics
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*Session resets when:
• More than 30 minutes have elapsed between pageviews for a single session.
• At the end of a day.
• When any traffic source value for the user changes. Traffic source
information includes: utm_source, utm_medium, utm_term, utm_content,
utm_id, utm_campaign, and gclid.
Sessions = Total sessions* in
the timeframe selected
Users = Number of unique
sessions in the timeframe
selected
Pageviews = Number of
pages viewed
Pages/Session = Average
pageviews per session
Avg. Session Duration =
Average time a session
spent on the site
Bounce Rate = % of sessions
that only visited one page
% New Sessions = % of
sessions that had not
visited the site ever before
8. Key Metrics
Goal - Definition
A goal is a website page which a visitor reaches once they have made a
purchase or completed another desired action, such as a purchase, registration
or download. Can also be an amount of time on site, number of pageviews or
an event.
Also known as a “Conversion”
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37. • New Enhanced Ecommerce Suite introduced by Google
Analytics in 2014
• Miva is rolling Enhanced Ecommerce into the platform
• No charge if installed by store owner
• Must be on Miva 9 to use Miva’s solution
• Contact us if not on Miva 9 and will not for some time
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Enhanced Ecommerce
38. Product Lists represent a logical grouping of products on your
site, based on your tagging. You can use them to represent:
• Catalog pages
• Cross-sell blocks
• Up-sell blocks
• Related-products blocks
• Search results pages
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Enhanced Ecommerce
45. • Enhanced Ecommerce suite
– Balancing the books between GA and your back-end sales database: You
could push transactions that did not make it into GA (due to offline
conversions or missed JS pushes) to get GA to align with your actual online
sales
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Universal Analytics
46. • Enhanced Ecommerce suite
– Internal Promotion Reporting:
• Internal promotions include things like banners that you display on one section of your site to
advertise another section of your site.
• The Internal Promotion report lets you see how your internal promotions performed relative to
others
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Universal Analytics
Vs.
49. Cash Flow Is King
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Category Total Sales
Gross Profit
Margin Gross Profit
Google
Cost
Yahoo
Cost
MSN
Cost Total Net Profit
Profit Margin
After
Advertisement
Olives $133.7 48% 64.06$ $8.48 $1.26 $0.15 $9.89 54.17$ 40.5%
Olive Oil $251.9 48% 120.70$ $15.43 $3.25 $1.63 $20.31 100.39$ 39.9%
Pickled Products $124.2 48% 59.51$ $0.00 $0.00 $0.00 $0.00 59.51$ 47.9%
Specialty Snacks $47.6 48% 22.81$ $0.00 $0.00 $0.00 $0.00 22.81$ 47.9%
Candy & Specialty Sweets $413.1 48% 197.92$ $21.86 $0.82 $2.26 $24.94 172.98$ 41.9%
Pasta Products $152.9 48% 73.24$ $38.13 $0.00 $4.76 $42.89 30.35$ 19.9%
Wafers, Cookies, Pastry & Rusks $48.1 48% 23.02$ $0.00 $0.00 $0.00 $0.00 23.02$ 47.9%
Dressings & Vinegars-Fish Items $115.8 48% 55.46$ $0.00 $0.00 $0.00 $0.00 55.46$ 47.9%
Coffee And Tea $541.8 48% 259.61$ $84.64 $2.37 $3.92 $90.93 168.68$ 31.1%
Spices & Herbs $440.7 48% 211.17$ $44.40 $0.00 $0.91 $45.31 165.86$ 37.6%
Greek Seasoning And Marinates $90.4 48% 43.29$ $92.59 $0.00 $0.00 $92.59 (49.30)$ -54.6%
Party Food Items $343.2 48% 164.43$ $106.14 $26.98 $10.45 $143.57 20.86$ 6.1%
Fruit Preserves And Marmelades $35.8 48% 17.15$ $0.00 $0.00 $0.00 $0.00 17.15$ 47.9%
Where To Get Data? GA You Formula GA GA GA Formula Formula Formula
50. Cash Flow Is King
Steps to report profitability by category:
1) Identify how many categories you need to report, based on:
– Different product margins
– How granular you would like to report
2) Create Paid Search strategy (Campaigns & Ad Groups) that aligns with
reporting strategy
3) Identify Gross Profit Margins per category
4) Report
5) Take action!
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Category Total Sales
Gross Profit
Margin Gross Profit
Google
Cost
Olives $133.7 48% 64.06$ $8.34
Olive Oil $251.9 48% 120.70$ $15.35
51. Cash Flow Is King
What to consider if you are not profitable:
• Loss leader?
• Lifetime value
• Ramping up the business
• Attribution – may be “Assisting” but not “Closing”
Actions to take to become profitable:
• Adjust paid search cpc’s lower
• Identify bad search queries or placements that should be negative keywords
or negative placements
• Pause poor performing Campaigns, Ad Groups or Keywords
• Adjust pricing higher
• Optimize landing pages or other pages in path-to-purchase
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52. ROI By Sales Channel
• Compare Google, Bing, Facebook, Amazon, etc. side-
by-side
• Enables re-allocation of advertising budget to best
performing channels to optimize profit
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53. Site Optimization
High abandonment drove action!
- Higher abandonment for Checkout By Amazon than our online credit card
payment option
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61. Campaign Tracking
- Bing PPC - Google Shopping, etc.
- Email newsletters - Banners on other sites
- Facebook PPC - Facebook links
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Not needed
for Google
AdWords
“Autotagged”
accounts
64. Event Tracking
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Used to identify actions that take place “within a page”
• Downloads
• “Add to cart”
• Used shipping calculator prior to checkout
67. Event Tracking
OPAY Page JS
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<script type="text/javascript">
try{ var lookups={
"-3" : "Please retry pressing the continue button at the bottom of the page.",
"10001": "Please check your credit card number entered. It does not appear to be entered correctly.",
"10527": "Please check your credit card number entered. It does not appear to be entered correctly.",
"10507": "Please check your credit card number entered. It does not appear to be entered correctly.",
"10544": "Please check your credit card details below and click the continue button at the bottom of the page.", "10762": "Please check
your credit card CVV code and try again.",
"15004": "Please check your credit card CVV code and try again.",
"15005": "The transaction was declined by your credit card company. Please contact your credit card company or try another credit card.",
"15006": "The transaction was declined by your credit card company. Please contact your credit card company or try another credit card.",
"15007": "The transaction was declined by your credit card company because your card is expired. Please contact your credit card company
or try another credit card.",
"Default": "Please contact us at 800-755-8067 to assist you with your order. We are available M-F from 9-5 EST. If after hours, please <a
href="http://www.greekinternetmarket.com/contactus.php">Contact Us</a>."
};
var hasError = false;
var message = jQuery("#paypalerror b").html();
if(message.length > 10){ hasError = true; }
if(hasError){ var event_m= message.replace(/<br>/i,'');
_gaq.push(['_trackEvent', 'PayPalError', event_m]); var patt=new RegExp(/(([ws-]*))/); var code = message.match(patt)[1];
if(lookups[code]!=undefined){ jQuery("#paypalerror b").html(message + lookups[code] + '<br>');
}else{ jQuery("#paypalerror b").html(message + lookups['Default'] + '<br>'); } }}catch(err){}
</script>
69. Attribution
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• Identify sources of traffic that “Assist” in sales, but do not get credit for
the “last click” purchase
• Improve ROI measurement for paid search, display and social media
70. Phone Order Tracking
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• Uses “Visitor ID” instead of dynamic phone numbers
• Report revenue from phone orders in Google Analytics
• Increase ROI from paid search and other campaigns
• Free 30-day trial – contact morgan.jones@powermyanalytics.com
http://www.powermyanalytics.com
71. Summary
• Ensure Google Analytics is implemented and reporting correctly
– Advanced implementation (cost import, site search, AdWords
linking, goal funnels, etc.)
• Tag your campaigns for clarity in reporting
• Establish reporting framework to report cash flow and by product or
category
• Perform search query analysis – identify both good and bad queries
– Also ad placement analysis for contextual/display networks
• Focus on largest sources of revenue to grow the business
• A/B test to improve conversions
• Monitor attribution and include in ROI calculations
• Push as much revenue into Google Analytics as possible and down to the
details (phone tracking)
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73. Universal Analytics
• The future in advanced GA reporting and features
– New Ecommerce reporting coming soon
– Offline transaction reporting (phone orders, amazon.com, eBay, etc.)
– Track users across multiple devices (Desktop, Tablet, Mobile)
– Process returns
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74. Google Tag Manager
• Consolidate all your tracking codes into Tag Manager and enhance Miva
reporting capabilities
– Faster turnaround time in updating/adding tags
– Ability to outsource GA implementation (vendor can add tags without website access)
– Version control and rollback capability
– Faster page load times
• Miva benefits:
– Enhanced reporting!
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75. Conversion Rates By Product Added To Cart
• Identify products that do not convert well after adding to cart
– Optimize shipping rates to grow overall sales
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Product SKU Qty Added To Cart Qty Sold Conversion Rate
1050-03003 203 0 0%
2691-15001 47 47 100%
1101-04001 24 1 4%
2069-02073 22 0 0%
1002-02003 16 2 13%
1450-06001 16 8 50%
0859-04003 14 1 7%
1977-01001 14 7 50%
0483-05011 13 0 0%
1442-06009 12 2 17%
0483-05001 11 1 9%
2442-03001 11 10 91%
1950-03022 10 0 0%
Add To Cart Conversion Rate By SKU
76. Identify How High Shipping Rates
Impact Conversion Rates
• Optimize product and shipping pricing to drive the most revenue and
profit
– Raise product prices and lower shipping prices
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