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Introductory Statistics For Business

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Web Site Development
Many new business owners become completely focused on designing their website, promoting their company or attracting new customers. for more detail go to:www.impacts-audio.com.However, they may fail to recognize the importance of maintaining up-to-date website statistics. These statistics provide you with key performance indicators that let you know if you are doing well or if there are areas where you need to improve or make major changes. If you don't have access to this vital information, you will continue to advance blindly with your new business venture. The end result - you may end up failing before you know it.



Benefits of Website Statistical Analysis

Website statistics will also show you if any changes you have recently made are proving successful or not. This way you can decide whether to continue as usual or make further changes. There is no point repeating the same mistake over and over again. If you don't continuously monitor the effect of the changes, you will never know how well you are doing.

This also ensures you're obtaining optimal results for your advertising or marketing budget. You may think that spending a lot of money to advertise with a certain company is a brilliant idea. However, will you think the same way when you check your website statistics and realize that your advertising dollars have not produced one single visitor from the company's marketing efforts? For more detail go to: www.web-audios-plus.com.Absolutely not! On the other hand, you may be surprised to discover that one of your less expensive marketing strategies has produced very successful results.

Important Elements to Include in Your Analysis

You may think that the only number you need to be concerned about is the total number of people who visit your site every month. Well, this is not the case as you require additional information to perform a sufficient analysis.

Here are some elements you should ensure are included in the website statistics for your business:

Unique Visitors: This refers to the number of actual visitors to your site, not just friends or family members who check your site several times a day. The term hits are often used be paid advertisement or affiliate sites, but it can be very misleading and inaccurate. The number of hits on your site may be very impressive, but don't get too excited; many of these may actually be files such as movies and images. You need to concentrate on the number of actual visitors to your website.

Referring Search Engines: This statistic indicates the number of pages that were visited when someone clicked on a search engine link. Google, Yahoo! and MSN are currently the three largest search engines, but many others may generate a large percentage of online traffic to your website. By reviewing which search engines refer the most visitors to your site, you can ensure your ranking or search engine result position (SERP) does not diminish with them.

Other Referring Sites: This will help you determine what percentage of referring sites is actually spammed. You will notice some legitimate sites from actual sites and clients. If you don't run any affiliate programs or pay-per-click ads, these statistics may not be as important. However, if you pay for advertising on any external sites, make sure to pay close attention to these numbers.

Entry & Exit Pages: These statistics reveal exactly where you're visitors entered and where they left your website. This will give you a clearer idea whether they actually found what they were searching for or if they immediately exited your site after taking a quick look. In the latter case, you may want to ensure your website looks attractive and professional and is easy to navigate. Your contact page is generally one of the most desirable exit pages because it indicates that visitors want to obtain additional information about your company.

Keywords/Keyword Phrases: This type of statistics will show you exactly what visitors were searching for when they ended up on your website. If you discover some keywords that continue to rank highly, you may want to consider changing some of the content on your website. You can also include some of the more popular keywords or key phrases in the Meta tags you use for your titles, domain names and descriptions.

Error Pages: No one likes to arrive at a web page to be greeted with a dreaded 404 error message. This applies to your visitors as well so make sure you continuously check if any of your pages are creating errors. If so, fix them immediately before you begin to damage your reputation and lose valuable customers!

Monitoring website statistics is not as complicated as you may think, but it is extremely important. You can hire someone to help you or purchase software and do it yourself. By regularly monitoring various elements of your online traffic, you can determine how well your business is doing and whether any changes are warranted. Learning how to properly analyze the numbers on your statistical reports can add up to much higher numbers on your business' monthly bank statements!
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