Day 7
► Do you know your numbers?
What does your Google Analytics stats say? Bellow, you can find a few important stats that you should regularly check on your store.
1. What's your conversion rate, average order value (AOV), transactions, revenue?
In Analytics under: Conversions > Ecommerce > Overview
Tip: If your conversion rate is below 2% (for webshop) I really hope your AOV and margin is high; otherwise I'm not sure how can you survive in this industry.
2. What's your main traffic source (Facebook, AdWords, media buy, organic search, direct traffic, newsletter, ...)? What conversion rate does each source have?
In Analytics under: Acquisition > All Traffic > Source/Medium
Tip: Push more traffic to best converting sources and exclude those that don't convert.
3. Do you have more mobile or desktop traffic? Which converts best?
In Analytics under: Audience > Mobile > Overview
Tip: Usually the majority of traffic comes from mobile, but desktop traffic converts better. To collect some 'low hanging fruits' create retargeting campaigns on Facebook and Google ads for desktop only.
4. What is your best-converting state?
In Analytics under: Audience > Geo > Location > United States
Tip: Create Facebook ads with best-converting states only OR exclude less converting states from your targeting.
+++ Use Source/Medium as a Secondary dimension > you will see which source sends you less converting states.
5. Age and gender
In Analytics under: Audience > Demographics > Overview
That's it for today!
