November 2, 2023
by Nivedita Bharathi / November 2, 2023
The decisions of performance marketers determine the course of a website's success.
A website's layout is directly proportional to how much traffic your business gets. Ease of flow, valuable information, and subject matter expertise need to be established for the enhancement of resultant website KPIs. Good content leads to good engagement, and good engagement means more conversions.
Different areas of a website describe a product's utility and differentiators that your competitors don't have. Each area is capped at a website key performance indicator or website KPI, which ties quantifiable metrics to the wider revenue goals.
Analyzing your website KPIs with web monitoring tools not only ensures you don't violate any of Google's search guidelines but also maintains website hygiene for you to run marketing campaigns, launch ads, and increase traffic without any time or page speed lags.
Website key performance indicators or website KPIs are actionable metrics that justify the performance of your website on the search engine result page (SERP). Product marketers, digital marketing managers, and website developers work in unison to improve and optimize these metrics to attribute lead sources and optimize conversion rates.
A website KPI is a measure that ties your online marketing efforts with business goals. A glance at these metrics should tell you the business impact created as a result of your marketing efforts.
In addition to the impact and results, website KPIs also help measure the progress and success of your ad campaigns and go-to-market strategies. By analyzing current KPIs, it would be simple to point out keyword gaps and replan your target outreach. The KPI data also helps identify trends, diagnose website health, and analyze success metrics from time to time to ensure you are at the forefront of your audience's recall.
While various web analytics platforms give you a goldmine of information, you should be able to differentiate and pick out the best types of website KPIs that directly impact your business.
Your website KPIs should be:
While it might be overwhelming to narrow down all your website KPIs in one go, read on as we discuss the top website KPIs that are relevant for any business.
Acquisition comprises a set of metrics that gives information about the traffic you’ve received on your website. It helps you answer questions such as
Traffic source is a part of the acquisition metrics. It measures the sources that drive traffic to your website, such as:
By keeping an eye on this website KPI, you’re able to double down on the channel that’s working well for you and contextualize your messaging for these visitors. Additionally, you can identify gaps and opportunities in channel traffic and focus on building your audience base from those channels.
A session represents a set of activities a visitor performs on your website during a certain time period. Say a visitor lands on your blog, clicks on a few related articles, and even downloads your eBook. This entire user interaction is considered as one session.
A session starts right after a user visits your website and ends after 30 minutes of inactivity. If the same visitor comes back a few hours or days later, it’s considered a separate session. In other words, a single visitor can contribute to multiple sessions.
Tracking website sessions helps you evaluate if your marketing strategy is engaging enough for prospects to return. Maybe you receive four sessions from a user on a daily average. That means you’re doing a good job of keeping visitors engaged. These users could eventually be nurtured into customers.
Conversely, if you receive as many sessions as visitors, it indicates that your prospects aren’t returning to your website.
You can improve website sessions by:
Pages per session is the average number of pages a user has visited in a session. For instance, if a prospect lands on your blog through organic search and then clicks on a related article you’ve placed on your blog, the pages per session for this visitor are two.
This metric allows you to track the overall website engagement. It indicates if your prospects find your content helpful and are interested in learning more from you.
You can improve your pages per session by:
The dreaded bounce rate measures the percentage of visitors leaving your website immediately after entering or without interacting further. If a prospect visits your landing page and leaves without downloading the eBook, this would contribute to the bounce rate. However, if the prospect downloads the eBook on your landing page or navigates to another page on the same website, it would reduce the bounce rate.
Bounce rate is an essential website KPI as it indicates that a visitor has decided to move on to the next page without interacting with your website. This is a precious lead lost. By stopping a visitor from bouncing, you are increasing the chances of conversion.
Keeping track of the bounce rate is also important for two other reasons:
Having a high bounce rate could also indicate that site visitors don’t find your content helpful and bounced to another website, or they found the answers they were looking for (in the case of TOFU content) but aren’t ready to further engage with you. In such cases, it is essential to combine bounce rate with another metric: time on page. Time on the page tells you how long a visitor spends on a specific page on your website.
To improve your bounce rate:
The average session duration indicates the amount of time a visitor spends on your website during one session. Website visitors with a high average session duration are likely the ideal prospects for your business. They resonate most with your content and I would like to learn more.
To improve your average session duration:
Page speed, also known as load time, is the time it takes for your page to load in the user’s session. Page speed and load time are crucial for three main reasons:
Using a site performance in webmaster tools, you would be able to view your site’s average load time and your site speed compared to other websites. If your site is faster than most, all you need to focus on is creating quality content. But if it’s slower, you need to make speed a priority.
To improve page speed and load time, reduce and optimize image sizes on your web pages, avoid auto-streaming videos, and implement browser caching.
Dwell time is a measure of how long it takes for a user to return to the SERP results after clicking on your page. In essence, it determines the time spent on your page before getting back to the SERP results.
When a user enters your page, they quickly scan to see if they find your content valuable. When they spot what they’re looking for, they spend time reading more. If they don’t, they instantly go back to SERP to find another page.
Search engines use this as one of the factors to determine your authority in the subject and rank your page: “A minute or two is good as it can easily indicate the visitor consumed your content. Less than a couple of seconds can be viewed as a poor result. And while that’s not the only factor we review when helping to determine quality, it’s a signal we watch.”
You can improve dwell time by:
Leads are individuals or businesses who are interested in your business. By nurturing them and tapping into their curiosity at the right time, you can convert them into potential or even repeat customers. Depending on their qualification to be an ideal customer, there are two types of leads: MQLs and SQLs.
Leads are literally your future potential customers. Without fueling your sales funnel with quality leads, your business won’t be able to grow sales and will subsequently lack a customer base, which means it’s essential to strategize and grow your lead funnel.
There are various lead-generating strategies a business could use. Here are a few quick ways to get started:
When you put a lot of time and effort into bringing leads to your website, you need to measure if it is paying off.
There are two layers of conversion rate:
Website KPIs help you understand how your visitors engage with your website. It will enable you to draw inferences and create strategies to optimize your website better. Tracking and acting on these KPIs regularly will help you build an attractive storefront for your business with free-flowing leads that positively impact your revenue.
Learn how you can personalize your website to give white glove service to your target audience and increase your website KPIs by a considerable margin
Nivedita is a developer-turned-marketer and a SaaS enthusiast. She leads integrated marketing for Freshmarketer at Freshworks. When not writing, you can find her binge-watching an anime or doodling on her iPad.
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