Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog
Share for a Cause











Internet Marketing Analytics Gap: The Importance of Working With an Internet Analytics Expert

Guest post by: Matt Buchenau

Article Overview: Despite the the ubiquitous nature of the internet, many small business owners (and large ones, for that matter) are still internet illiterate. This is never more apparent than when it comes to website performance analytics. The importance of focused attention and deep understanding of your internet marketing analytics cannot be understated yet, most business owners, if they pay attention to the data at all, would tell you that they really don't fully understand what it means for their business. In this economy, when small business survival strategies are so important, a complete and thorough understanding of your internet marketing analytics data is crucial and typically worth every penny you invest in a website analytics expert.

Free Download - Internet Marketing Analytics Gap: The Importance of Working With an Internet Analytics Expert By Matt Buchenau
Name: Email:

Internet Marketing Analytics Gap: The Importance of Working With an Internet Analytics Expert

Learning Spanish would have been a lot easier if I hadn’t had to understand what the words meant. To me, Spanish was a string of easy-to-pronounce, phonetically obvious words. Aside from an accent, a tilde or an extra alphabetical character or two, saying or reading the words on the page was cake. But much to the detriment of my high-school grade point average, understanding those words and interpreting the nuances of the language was where things got a tad murky...pea soup murky, in fact! I see a strong parallel between my misadventures with learning Spanish and how many companies use their Internet marketing analytics. Assuming they pay attention to the available data at all (many don’t) most can only say or read the words on the page. Sure, most can look at traffic and know when it’s rising or falling. Most can tie a traffic peak or valley to an outside event: a new advertising campaign, a press release, an e-blast or something like that, but when it comes to a more granular understanding of the abundant data, what it truly says about your Web marketing initiative, how your company stacks up against your competition and, above all, what it can reveal about your audience, a gaping chasm exists between website key performance indicator (KPI) data and making meaningful, actionable sense of it all. At the bottom of this chasm lies a gnarled heap of wasted dollars, missed opportunities and failed marketing plans, that, with a commitment to experienced data evaluation, interpretation and Internet marketing guidance, didn’t need to wind up there.

The Importance of an Interpreter

Taking the analogy a step further; if you plan to visit a foreign country and don’t know or plan to learn the language, it is ideal to have an interpreter at your side. You would expect such an interpreter to be fluent in both your language and that of the host country. He or she would be able to discern the subtle differences in linguistics, inflection and body language and would often need to adapt what you want to say and mean to how the receiver needs to hear and understand it and vice versa. Without one, a visit to a foreign land is marked by confusion, meaningless babble, blank stares and lots of wrong turns. Let’s face it, for most small business owners, the Web is such a foreign country. They got into the entrepreneurial game because of their know-how, their passions, their interest in leaving their mark on the world, or a desire to deliver a basic and highly valued human necessity, not because they had interest in marketing, website development, search engine optimization, social networking or website performance analytics.

Given economic conditions and the rapidity with which the marketing world is changing, a thoroughly experienced Internet marketing expert who knows the language of the internet marketing industry is critical to the survival of your business. And though some feathers might get ruffled with this statement, don’t assume your Marketing, IT department or advertising agency is the answer. Most, if they are being completely honest, would admit that Internet marketing and the associated analytical performance evaluation falls outside of their area of experience and expertise. In fact, the good ones would invite such an addition to your marketing team. We have enjoyed several such instances in which the combination of expertise among various marketing disciplines has produced a much better result for our clients.

Avoid Being Pennywise and Dollar Stupid

When trying to save dollars in a challenging economy, the tendency is to put this critical component of your business in the hands of your nephew who just graduated and “knows a lot about computers and the Internet.” This is still being done despite that it fails nearly 100% of the time. Remember, the expert you bring on must be fluent in your language as well as their own. Your nephew may be a Facebook and Twitter guru. He may know how to build and launch websites, he may even know a thing or two about the your company but, in the long run, the move will cost you a great deal more than you had hoped to save. In fact, an experienced Internet marketing expert should save you more in direct and indirect expenditures than he or she costs.

Internet marketing is a foreign land with a language all its own. If we want our businesses to succeed, we all have to venture there frequently. If you don’t know your way, better to go with an experienced interpreter and guide. Or, go it alone at your peril.

Related Articles
  Article #38 Simple How To Web Analytics
  Google Analytics - How Accurate is it?
  Google Analytics - Just the Facts
  The Importance Of Analytics In Your Internet Marketing Campaign
  Marketing Analytics – the 411 on Generating Business Leads
  Web Analytics For The Uninitiated
  Google Analytics – What is it?
  How to Use Google Analytics to Gain That Needed Edge Over Your Competition
  Potential Clients Hidden in the Data
  Using Web Analytics for Marketing
  Track Inventory in QuickBooks?
  What is Marketing Analytics?
  Hitslink vs. Google Analytics
  Web Analytics: Making Sure Your Online Offerings Are Working for You
  Google Analytics Overview: A Must Tool for Webmasters To Discover The Insights Of Their Website
  Integrating Web Analytics into Your Daily Internet Marketing Campaigns
  Web Analytics that Lie
  The Importance Of Using Web Analytics
  Free Web Analytics from Google
  Google Analytics

Home > Home-Based-Business > Matt Buchenau > Internet Marketing Analytics Gap The Importance of Working With an Internet Analytics Expert >
Article Tags: internet analytics expert, leading web analytics consultant, website analytics expert, website performance analytics
Referred by: http://jaykubassek.com

About the Author: Matt Buchenau
RSS for Matt's articles - Visit Matt's website

Published author, respected internet marketing professional, leading small business consultant and passionate advocate for those who wish to pursue their dreams, Matt Buchenau focuses his writing, blogging and vlogging on a selection of pertinent areas including inspiring dream followers and helping small and home-based business owners to succeed. Topic areas include breaking bad business habits, preventing professional burnout, top reasons for small business failure, top earning internet businesses, how to deal with work related stress, pursuing your dreams, as well as articles on mental, spiritual and physical well-being. Matt Buchenau is the author of Your Dream: God's Plan, a highly regarded manual for would-be dream followers. He is a dedicated family man, avid fly-fisherman, golfer and skier (two boards please).

Click here to visit Matt's website
Dashed Line

More from Matt Buchenau
How You Can Expand and Exploit Your Daily Creativity Window
Small Business Recession Survival Tips Treat Your Business Like Your Most Important Client for Long Term Small Business Success
How to Become Recession Resistant in This Ugly Economy 10 Key Considerations for WouldBe Entrepreneurs
Global Web Marketing Myths Every New Internet Marketer Must Know
Internet Marketing Analytics Gap The Importance of Working With an Internet Analytics Expert


Related Forum Posts
Re: What I Enjoyed Reading This Week - June 11 Re: What I Enjoyed Reading This Week - June 11 - Hi Evan, Thank you for the reading material. I look forward to the general release later this month as outlined in the 'Google Analytics To Add Search Query Data From Webmaster Tools' article. Anything that helps us to understand maximise extra data from Google Analytics can only be of benefit. regards, Mal.
Re: Google Places Review | How to Get a Review on Google Places? Re: Google Places Review | How to Get a Review on Google Places? - Hi Evan, Yes, I am planning more. I have multiple videos coming out this year on: Social media marketing Email marketing Lead Generation Organic search marketing Conversion rate optimization Analytics Content marketing Paid search marketing I am looking for SEO / Internet Marketing questions people have. I enjoy producing videos answer tuff SEO questions. Let me know if you are any of your members have any they want answered. Jeff
Re: Kevin's Case Study #11 - A New Forum Category? Re: Kevin's Case Study #11 - A New Forum Category? - Hi Kevin, Like GT suggested, I also think you can add Internet Marketing as a sub category in the Marketing section and also a Social marketing as subcategory. Online marketing/internet marketing/online promotion are the same, and it will be best to use the common term - Internet marketing. I can't think about someone to moderate a Social Marketing category. We all use it, we all know how to make it work and we all have our own different experience with it.
Re: 4 Home Based Opportunities For 2011 Re: 4 Home Based Opportunities For 2011 - Hi, Thanks, for sharing these value information with us. Internet make easy us to earn money even at home. Internet offers a lot of opportunities to earn money. Internet Marketing is the biggest example of money making.
Re: Ranked #1 in just over 7 weeks Re: Ranked #1 in just over 7 weeks - Thanks guys. You're right GT. It's jsut a matter of doing what needs to be done. Analytics is starting to show the results a bit too.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Adapting to Technology and the Internet

Let's Skip the Offshore Horror Stories

10 Steps to a Great Support Team

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.