Lesson 3 Flashcards

1
Q

Metrics answer various questions about Traffic and conversion on your site. For example:

A
  • How much traffic does my site get?
  • When are we getting most of our orders?
  • How many forms have been completed?
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2
Q

There are 2 main types of metrics:

A

Traffic metrics

Success events

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3
Q

Traffic metrics:

A

standardized across companies, included in basic implementation

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4
Q

Success events:

A

unique to a company, require custom

implementation

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5
Q

Since the internet has emerged, organizations have

been tracking “____” to their websites

A

hits

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6
Q

AA refers to those numbers (hits, page views, visits) as

A

traffic metrics

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7
Q

Visits

A

A session on a website. It can contain many page views

and lasts until there is a 30 minute of session inactivity (or a max of 12 hours).

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8
Q

Unique Visitor

A

A unique instance of a cookie ID during a specific time
frame. If the same person with the same Adobe cookie
visits the website multiple times in the same day, the
activity would count as multiple visits but one visitor.

• Unique visitors does not necessarily mean unique
customers
• One customer may be tied to multiple cookies

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9
Q

Other Traffic Metrics

A
• Page views
• Entries
• Exits
• Time Spent on Page
• Single Access
• Bounces (no other link event)
• Average Page Depth
Note: sProp can only be tied to traffic metrics
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10
Q

Success Events

A

Defined as the action you are trying to get your visitors to do:
Newsletter Sign-up
Form Completion
Order Placement

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11
Q

There are 3 types of success events:

A

Counter
Numeric
Currency

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12
Q

Counter:

A

increase the count by “1” each time the

event is set (ex: Number of Internal Searches)

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13
Q

Numeric:

A
allows you to pass any number you want to
the event (ex: # of products returned = 450)
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14
Q

Currency:

A

similar to numeric, but shown with the base

currency of the Report Suite (ex: shipping cost = $4)

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15
Q

Shopping Cart Success Events

A
Cart
Cart Views
Checkout
Cart Additions
Cart Removals
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16
Q

Cart

A

of shopping carts created or opened

17
Q

Cart Views

A

of times visitors have viewed their cart

18
Q

Checkout

A
# of visitors that reached the checkout
stage of the shopping cart
19
Q

Cart Additions

A

of products added to the cart

20
Q

Cart Removals

A

of products removed from the cart

21
Q

Success Event Allocation

There are 2 types of allocation:

A

Linear

Participation

22
Q

Linear Allocation:

A

event is allocated evenly for each page/value.

23
Q

Participation Allocation:

A

assigns equal credit to each variable value that participates in the flow leading to a success event

24
Q

Ex: A visitor viewed 4 pages then completed an order for
$100

Linear Allocation:
Participation Allocation:

A

Linear Allocation: each page would get ¼ of the total amount

Participation Allocation: each page would get full credit

25
Q

Key Performance Indicators

A

KPIs are the metrics used to determine the health or

success of a website.

26
Q

KPI Identification Trick

A

Pretend your organization has no website and that you
must pitch your executives to build one and ask for
$1MM. Your executives are not fans of the internet and
think they can continue without it.
Make a list of all benefits that the website would bring
with it that could not be done without it.
Write down how you would quantify each benefit to
prove that the website had, in fact, realized the benefit
you foretold.

27
Q

Most Common KPIs

A
Conversion (Visit)
Conversion (Visitor)
RPV (Revenue per Visit)
AOV (Avg Order Value)
UPT (Units per Transaction)
AUR (Avg Unit Retail)
Exit Rate
Page per Visit
28
Q

Formula and Format for:

Conversion (Visit)

A
Orders/Visits
#.## %
29
Q

Formula and Format for:

Conversion (Visitor)

A
Orders/Unique Visitor 
#.## %
30
Q

Formula and Format for:

RPV (Revenue per Visit)

A

Revenue/Visit

$ #.##

31
Q

Formula and Format for:

AOV (Avg Order Value)

A

Revenue/Orders

$ #.##

32
Q

Formula and Format for:

UPT (Units per Transaction)

A
Units/Orders 
#.##
33
Q

Formula and Format for:

AUR (Avg Unit Retail)

A

Revenue/Units

$ #.##

34
Q

Formula and Format for:

Exit Rate

A
Exits/Visits 
#.## %
35
Q

Formula and Format for:

Page per Visit

A
Pages/Visits 
#.##
36
Q

AA allows you to create custom metrics based on…

A

…container hierarchy logic, rules, operators and existing

dimensions, metrics, segments.