Tuesday, June 4, 2019

WEB & MOBILE APP ANALYTICS: ONLINE BUSINESS PROFIT, SALES & MARKETING METRICS

Mobile Analytics - Due to the evolution of mobile technologies & easy availability of internet, access to the news, E-mails, SMS, data & information is very easy. Mobile searches are increasing day by day. According to 2019 statistics report share of Android apps is above 75% & share of ios apps is appx 25% in the app store. Mobile devices give users more personalized experience & it is found that 80% of users use smartphones to purchase on mobile apps OR mobile websites rather use desktops.

                                                 Why we need Mobile Analytics?

Mobile marketing is a trending method which allows your target audience to respond quickly & easily. User Mobile experience matters a lot to target potential customers who are searching for your products & services. But to make mobile marketing more successful, results need to be tested and optimized regularly. So, here mobile analytics is important to track user purchasing behavior, location, and preferences, device category, browsing & shopping history, etc. Mobile analytics is a collection of statistical data which is crucial for taking key business decisions. From this analysis, we can conclude & determine business growth, profit, sales & marketing budget metrics to take the futuristic business decisions.

Mobile business analytics is important for continuous improvement & to fasten the performance of the app or website on digital media channels. 

Though mobile app development is the primary step but once your app is done how would you determine & measure the app performance & specific activities or actions user performed on the app?

So here App analytics is the most highlighted step to boost app performance. We can analyze the progress of the app, where & how the user is connected.

The smartphone market is increasing exponentially. With this, mobile payment, mobile wallets, mobile banking are some of the highly adopted digital payment options. So in this digital payment era its important to study analytics data before taking any business decision.

Here is the sample screenshot of mobile app traffic on ‘Google Analytics’



Tools used in mobile analytics- Flurry analytics, Countly, Google analytics, App Annie, etc

Web Analytics- Similar to mobile analytics, web analytics is a collection & measuring the business metrics, KPI’s & important data from the website. The main purpose of analytics is to take qualitative & quantitative decisions to improve the digital experience of consumers.

We can find out active users, their real-time online presence & behavior, demographics results, etc. Apart from this, deep web-analysis is required to track google ad performance, to find top selling products, to understand website traffic from social media & 3rd party websites, etc.

E-commerce & retail business can decide & forecast their selling & marketing strategies by studying analytics data. Due to the digitalization of businesses easy & secure payment options are available on every website & hence it's easy to track user bounce rate, exit rate, purchasing behavior with the help of analytics tools.

Also, we can estimate sales metrics like customer LTV (lifetime value), session & revenue per customer, etc. by using analytics tools.




Google analytics’ gives actionable insights into user interaction with our website. We can compare data sets with primary & secondary metrics given below:
  1. Web traffic vs mobile traffic.
  2. New vs returning visitors.
  3. Desktop vs. mobile visits.

Some of the key Analytics Metrics needs to monitor

  • Average Time on Site/Page
  • Avg session/Bounce/Exit Rates
  • Pages/Visitor
  • Contact Form Submissions
  • Organic Search traffic
Tools used in web analytics- Google Analytics, Optimizely, Kissmetrics, Crazy frog, etc

Conclusion: 

To run your online business smoothly it's important to know performing & non-performing business metrics. In order to get actionable insights, to meet business goals & to improve online business performance its crucial to analyze both website & mobile search metrics.

Mohar Technologies Pvt.Ltd. is an Ed-tech company based in Pune, offers web development, mobile app development & digital marketing services to the clients.

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