Essential Digital Marketing KPIs to Track for Your Next Campaign
You may already know that it is
important to use key performance indicators (KPIs) to measure the effectiveness
of your digital marketing strategy. Choosing the right digital marketing
company is an important first step in determining the return on investment of
your marketing efforts.
But with so many options and so many
companies undergoing digital transformation, how do you know where to start and
how to make the transition when you need to try something new?
We offer a useful analysis of the
key performance indicators (KPIs) for Digital Marketing and advice on which
KPIs to use in your initiatives, campaigns and communications.
What
are the best KPIs for digital marketing?
First of all, there are key
indicators to focus on. For example, conversion rates (visitor conversion
rates), as you know, are indicators of the health of your business. From there,
you can determine whether you need an analytics tool or whether you can manage
these metrics manually.
Here are four key performance
indicators (KPIs) you should monitor to analyze your digital marketing success.
1
- Organic Search Traffic Organic Search Traffic
This indicator accurately measures
the percentage of website traffic that comes from organic searches. Search
engine optimization (SEO) strategies can be linked to a website's organic
traffic. High organic traffic means that the content is effective, relevant and
engaging and therefore performs well.
These KPIs allow you to identify
where your organic traffic is coming from and make changes to create more
relevant and SEO-friendly content for your brand campaign.
Number of leads converted via
organic search
Sales influenced by organic search
Traffic generated by branded
keywords
Percentage of traffic generated by
non-branded keywords
2
- Conversion rate of a website or landing page
Conversion rate of a website or
landing page|
Whether you've created an elegant
landing page as part of a campaign or directed potential customers to a
specific page on your website, it's important to understand how each page is
performing in terms of conversions. By analyzing conversion rates and comparing
them to other pages on your website, you can identify potential strengths and
weaknesses.
You can then apply this strategy to
other pages to achieve the same success. These statistics can also help you
assess the value and usefulness of your content and the engagement of your
audience.
Direct conversion rate
Total session duration
Target conversion rate: depending on
the objective, an indicator that the prospect has successfully reached the
campaign goal.
3
- Cost per click (CPC)
CPC is an important metric, useful
for Digital Marketing, as it provides a clear pricing structure to create the
most effective and profitable campaigns. This KPI allows you to track the
amount typically spent on pay-per-click (PPC), ad impressions and retargeting.
The goal is to gradually increase
the CPC to run more effective and profitable campaigns. Two other key
performance indicators to consider in this area are
Customer acquisition cost (CPA).
Customer Life Cycle Value (CLTV).
Read also: How to improve marketing
and sales performance?
4 - Return on Investment (ROI)
Return on Investment (ROI)
As a digital marketer, it is
important to know the return on investment (ROI) value of each initiative or
campaign. ROI in digital marketing determines the effectiveness of your
investment in a particular campaign. By analyzing this metric, you can
determine if your investment is paying off.
You may already know that it is
important to use key performance indicators (KPIs) to measure the effectiveness
of your digital marketing strategy. Choosing the right digital marketing
company is an important first step in determining the return on investment of
your marketing efforts.
`But with so many options and so
many companies undergoing digital transformation, how do you know where to
start and how to make the transition when you need to try something new?
We offer a useful analysis of the
key performance indicators (KPIs) for digital marketing and advice on which
KPIs to use in your initiatives, campaigns and communications.
More importantly, blogs provide
information. Whether it's the latest trends or industry news, these in-depth
articles provide valuable information to business owners, customers and others
in the industry. Here are three marketing blogs to read in 2023:
Volant’s.
Volant’s, an Israeli predictive
analytics company that helps companies transition to LTV-based growth,
regularly publishes blog posts on the practicalities of growth marketing and
user acquisition. One of his most recent articles is entitled "Recession
or inflation? Ben Malka, Director of Development and Operations, discusses the
state of the global economy, its impact on businesses, and why the subscription
box market continues to grow despite these challenges.
Ben Malta also cites statistics that
confirm the growth of the global subscription box market, according to a
research report. According to the study, the market size is expected to grow
from $72.91 billion in 2021 to $120.04 billion in 2022 and reach $90.42 billion
in 2026.
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