Posted on 16 April 2009 by Hurol No Comments

Resetting your website’s priorities

Marketers and business leaders the world over are seeking answers to help them navigate a tricky time ahead. Amongst other things, they ask, “Can I leverage the online channel more effectively?” and “Why is online so good right now?”

These business leaders are asking the right questions. In most cases, there is room for improvement – and a strong business case, too, given that online is a low-cost, proven channel that generates measurable results.

That is, attracting more customers, generating leads, creating buzz and awareness, or simply improving business efficiencies.

Quantitative analysis is the fastest and most effective way to find out how you can better leverage the online channel.

Quantitative analysis the key

The best way to understand how well your website is currently working is through quantitative analysis. This strategic tool paints a clear picture of the best and worst aspects of your site; and, as long as you are prepared to act on the findings, your site’s performance will improve.

I have talked in the past about the importance of quantitative analysis, and the message is as relevant as it ever was.

When we help our clients analyse their websites, we start with the absolute basics:

• Are customers coming to your website?
• What are they doing on your site?

From this baseline, we can identify the gaps or pitfalls, develop a roadmap to plug these gaps and ultimately improve the performance of the online channel.

It sounds simplistic, but of course we cannot reach any conclusions without a comprehensive understanding of our client’s business and their strategic marketing approach.

Reassess your KPIs

During the assessment phase, it’s important to cross-check the stated objective of the site against its KPIs. Setting up good KPIs is critical for the ongoing monitoring of a site’s performance, and it ties in beautifully with a quantitative analysis.

With a vast array of measurables to choose from - page views, cost per acquisition, new visitors, the list goes on - there’s absolutely no point in trying to do it all. Rather, you should realign KPIs to match current business priorities and focus on getting accurate, timely data to support these KPIs.

The right KPIs enable you to track issues, identify opportunities and provide relevant recommendations to senior management about the online channel.

Augment with benchmarking

Once you have identified gaps in your website, it pays to check out what the best of the rest are doing. Seek out best practice in your industry and benchmark against comparable sites. This enables you to gather fresh ideas and set a clear direction for your own site.

We use a tool called Position Pundit to professionally benchmark our clients’ sites, looking at the user experience and customer acquisition/retention mechanisms. These insights can be invaluable in planning the future direction of your own site.

In conclusion

Rationalising your website. Realigning it. Resetting it. Call it what you will – but any form of strategic re-evaluation of your online channel now will pay off in the long term.

I know it works. Having provided website analysis services for many clients in the past few years, and seen these clients reap measurable rewards from the changes enacted, it’s a proven investment.

Knowing that your website is doing OK is more than just about peace of mind. If it’s not up to scratch, you need to know how you can fix it. If you just ignore the problem, then you run the risk of losing customers – and at a time like this, every single visitor counts.

Want to know more? Read about Bienalto’s website analysis, benchmarking and web analytics services.

Or contact me today to discuss your site.