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In
previous weeks, we’ve looked at examples of key performance indicators
for
information or content based sites and
e-commerce sites. The third installment of this series evaluates
KPIs pertaining to lead generation sites.
Lead generation
sites are probably the most widespread type of site out there. In the
early days of the internet, many website creators developed sites to
help promote a product or service, but did not necessarily offer the
opportunity to purchase online. (Secure payment technology and
integrated warehousing were slightly behind the innovation pipeline; we
can thank Amazon for making the Internet the mass marketplace it is
today.) Examples of lead generation sites would include financial
service sites, real estate sites, or other high ticket item sites where
the user usually has to confirm the potential purchase in person.
The important thing
with lead generation sites is to entice the site visitor to contact your
company for more information. Your site needs to have proper conversion
triggers and contact information that is intuitively located throughout
the site. With lead generation sites, you are not trying to get the
visitor to convert online; instead you are trying to get them to come
into your store, showroom, office or institution. Your website should be
a part of the sales process instead of the complete sales process in and
of itself.
Content
Based vs. Lead Generation vs. e-Commerce vs. Service and Support
So you have a lead
generation site and you have your proper conversion points in place.
You have provided the user with all of the information they need to make
their purchase, or have you? With lead generation sites, not only is it
important to track successful conversions (forms, 1-800 # specific to
the website, etc.) but also abandonment rates and drop off points.
Key Performance Indicators to Measure with Lead Generation Sites
Here are some
examples of KPIs that owners of lead generation sites should be
tracking.
-
New
Account Signups
-
Percent New Visitors:
the number of potential new customers landing on your site
-
Conversion Rates:
the percentage of visitors that download white papers, sign up for
mailings, subscribe to a newsletter, etc.
-
Contact Us Form Completions: for products or services that are purchased
offline and have an extended sales timeline, Contact Us Forms should be
treated as a conversion
-
“Get a Quote” Requests:
this can also be a conversion
-
1-800 Tracking:
the number of calls to the (preferably unique) toll-free number listed
on your site
-
Ratio of Leads to Close:
the likelihood a lead will complete the transaction – this is an offline
ratio
-
Length of Visit: the amount of
time a visitor spends on your site in a given visit
-
Ratio of New to Returning Visitors:
the ratio of new to previously acquired visitors
-
Page "Stickiness":
the likelihood of successfully retaining a visitor who arrives at a key
landing page (usually a PPC landing-page or product information page)
-
Percent of Visits by Entry Page:
measures the efficacy of your marketing messages at driving visitors to
the site
-
Conversion by Campaigns
-
Ad
Clicks:
measures how successful your PPC campaign is; however, try to remember
that CTR is not as important as Conversions/Click – I would rather have
a 2%CTR and a 100% conversion rate because this indicates that my online
marketing message is bang on; meaning I am driving both my sponsored and
organic traffic to conversions
-
Drivers to the Registration Process
-
Site Abandonment
If you want to
increase your ROI, you need to be able to quantify your online success
or lack thereof; only then can you make informed business decisions that
will build leads and increase sales. The above list presents some of the
main KPIs that should be considered when tracking metrics for lead
generation sites. Next week we will be looking at key performance
indicators for Service/Support sites. |