Web analytics market – Going Hot
There has been a severe buzz in the internet marketing field regarding web analytics. This is subject which is usually considered as a new concept but it has its roots since the origin of web. Today it is one of the essential and viable thing which is a must for online business.
The old definition of web analytics hover all around logs where the web server creates the log files which when parsed through several software like webalizer or AW stats gives the background information of what’s happening on our website especially traffic, visitors, pageviews etc. Infact website is just your shop for which you will always want to know how many people came today, how many buy products etc. Basically the topic was buried deep and no importance was given to the same. Only few webmasters bothered to check the log files and provide their client about the traffic stats and this was also when demanded by the customer.
Webtrends came up as a market leader in web analytics and it is one of the oldest web analytics vendor but due to its high cost only few vendors were able to afford it. Then something happened which is a remarkable event in the world of web analytics. Google acquired Urchin one of the web analytics tool, this was a commercial tool but google make it free and allowed webmasters to install the same on their domain for FREE. The word free can made any person mad so was the webmasters and they headed like anything to get this innovative tool installed on their domains, this is the story which happened in 2005 something.
It is google analytics which even compelled the non-web savvy people to explore the web analytics world. Google analytics is a tool which is highly user-friendly, simple and authentic, though it is not meant for big portals which has millions of pageviews etc. but still it can help the small and medium scale business to improve themselves.
Now the web analytics is a billion dollar industry with Omniture, Indextools, corematrics, Webtrends leading the market. Almost all big players have these tools installed and also a new position in the internet marketing world has emerged which is “Web Analytics”. Explore more about the latest job for this at : http://www.webanalyticsassociation.org/en/jobs/search.asp
Web analytics though is not concerned of bringing sales on the site but it is possible to track and provide suitable consultancy for the sales. Web analytics give a clear picture of what is happening on our website regarding traffic, visitors, keywords, conversions, ROI, bounce rates, pageviews etc. so a web analytic executive could mine up as per timeline and provide a pictorial representation of the site status.
Though web analytics is a must tool for all web enterprenuers but for big portals its essential as they sell advertising based on their pageviews and CTR’s so for a portal its must to engage the visitors as high bounce rates on their pages will decline their sales as no visitors will view or click the ad. Web analytics data helps us in knowing all this and a web analytic can work with internet marketing to improve in retaining the visitors. This could be any landing page optimization of A/B or MVT testing etc.
The topic has started just now but with the passage of time it will lead the internet marketing football. As all campaigns of SEO, PPC, Banner Ads, Emailing, Social Media marketing is useless if we are not able to track, monitor and enhance them.















