google analytics for investor relations
DESCRIPTION
How should you be using Google Analytics in your Investor Relations strategy? Today we take a look at the various ways to create leads, goals and generally monitor your IR activity with Google Analytics. NOTE: There's also a section on assessing Social ROI.TRANSCRIPT
Google Analytics for Investor Relations
Why Google Analytics?
It’s the most effective way to measure website traffic and marketing metrics
It allows you to establish the Return on Investment (ROI) of all your marketing strategies
It’s free! Really, really free!
Visitors from “Company Search”
Your primary source of website traffic is probably a Google search for “Your Company”
Google is the first place people see your brand
Push other results off page #1 of search results for optimal visibility
The best way to do this is with Google Places and Google Finance profiles linked to your corporate website
E.g. “Company Search”
Referrals From Press Releases
Press Releases should aim to drive links and traffic back to your company’s website
A simple way to measure this traffic is with an annotation in Google Analytics on the release goes out
When PR is published there should be a measurable spike in website traffic and use
Big Tip: You can use Google Analytics to measure the ROI of your Press Releases
E.g. Referrals From Press Releases
Social-to-Web Conversions
GA lets you measure exactly how many people have hit your website via each Social Network
These are known as Social-to-Web Conversions
Some conversions are more valuable than others
LinkedIn visitors stay on your website 7x longer than visitors from Facebook
Conversion strategies should be updated monthly
E.g. Social-to-Web Conversions
Social Visitors Flow
Social Visitors Flow shows how people arrive at and interact with your corporate website
This is by far the best tool for monitoring the ROI in your Social Media strategy
Creating Goals can show the flow of Social Visitors to your contact page and email signup form
Assigning a value to Goals helps provide a clear ROI
E.g. Social Visitors Flow
Social Activity Stream
The Social Activity Stream is a new Social Media feature of Google Analytics
It shows how Social Media discussions are driving traffic to your corporate website
The more you talk on Social Media, the higher your spikes in website visitors when you release company news
Social Activity is a great indicator content quality
E.g. Social Activity Stream
Comparing Networks
Measuring Social-to-Web Conversions allows for marketing to be optimized on a monthly basis
The most successful networks (ROI) get the most attention
Be open to changing your strategy towards the most effective networks and strategies
Changes should happen immediately, don’t wait 3 months hoping strategies will improve
E.g. Comparing Networks
Website Lead Funnel
Using GA tracking codes it's possible to see exactly how people have come to:
Call your IR department Send an email requesting company info Signup for your newsletter
The lead funnel helps you optimize these actions
If visitors leave your contact page without calling or sending an email, this is an indication that the page fails to convert visitors into leads
E.g. Website Lead Funnel
Contacting your company should always be dead simple
Measuring Your ROI
The three metrics for assessing ROI are:
Phone Calls To Your IR Department Email Requests From Your Website Signups To The Email Newsletter
Does your IR department track these? If not, that should be step #1 in establishing ROI
Next, you need to determine…
E.g. Measuring Your ROI
How many phone calls do you need to affect buying?
How many people call you having hit the contact page of your website?
How many people visit the contact page having come to the website?
Which sources drive the most total visitors to the contact page?
What is the average cost of driving each of these visitors from those sources?
What is your total cost per new shareholder?
More Info?
To read the full blog visit: irsmartt.com/Analytics
Or for more information about IR Smartt and our Social Media strategies for the Investor Relations industry, please contact us on:
Website: irsmartt.com/contact
Email: [email protected]