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| MEMBERS: | All You Need To Know About Website Metrics
Ten years ago you could include a hit counter on your website and announce proudly that your site was doing "very well" as soon as the number reached 100,000. The current process is not nearly as simple or straightforward. The internet works in complicated ways that have evolved to solve a number of small problems. Consequently, concrete statistics are often difficult to obtain. If you believe the number of online visitors is a reliable indicator to gauge the popularity of your site or the potential sales of your product, you should consider the following: 1. Hit - Every time a user requests a file on your site (a page, not a picture or link to another site) it counts as a hit. 2. File - When a file or page is actually sent to the user, it counts as a file. Files normally outnumber hits, but neither is very useful in measuring traffic. Any IP can request all of the files on your page several times in one hour without any actual involvement from the user. 3. Impressions - This is a concept that has existed in advertising for many decades. For example, a 2-page magazine advertisement counts as one "showing of a creative concept". This equates to one impression every time a reader sees it. If your web page contains five small banners, you could have 10,000 page views, but 50,000 impressions. 4. Page Views - Almost everyone believe this is the most important traffic statistic. This term simply refers to the number of times any particular page has been viewed. This metric can be useful. However, values can often be over-inflated and should always be considered in conjunction with unique visits. 5. Visits & Unique Visits - A visit is simply logged every time a remote IP requests one of your pages for the first time in a timeout period. A unique visit is usually defined as "one visit per IP per day", regardless of timeouts. The above are all very important metrics, but understanding them properly is key. The best way to decide how your site's traffic is performing is by creating a formula. If you know what you are doing, you can develop your own formula. However, there are plenty of effective formulas currently available. A basic idea of how to evaluate your traffic involves reviewing monthly averages, unique visits and page views. This will give you an idea regarding how many individuals visit your site, how many pages they view, and how long they remain. A basic formula from MarketingExperiments.com would be: C = 4M + 3V + 2(I-F) - 2A This formula shows that conversions are a product of motivation (M), value (V) and then the friction (F) elements minus the incentives (I). This will help you determine how many customers are likely to purchase your product. However, you need all the values first! You can purchase online analytic tools or download them for an upfront or monthly fee. All of them can return useful data to a webmaster. If you are not an expert webmaster, or you do not understand many of the technical intricacies of web traffic, you should download Google Analytics. This is one of Google's new free products, and all you require is a GMail account and a web site. The program provides easy to read analytic data in a web-based form for your website. This can make it easy to determine which metrics would be most useful for analyzing your online traffic. Michael Ehlert
Top 5 Reasons to Start a Web Business If You Are an Athlete or Coach
As an athlete, or someone who is coaching athletes, you have a unique viewpoint of your sport and can profit from it online! Here's a list of reasons why you need to bring your knowledge to the internet today: 1. You need more money. You may have a job you love, and even make decent money. You may hate your job and get paid peanuts. Either way, a web business can help! You will be able to make a decent side income to supplement what you have, or even make a career out of your online business. 2. You need more time. Having an online business means you can create passive income, and free up the amount of time you have to spend working. 3. You can give back to the world. Creating a site around a concept that you are aware of or that you already teach others means bringing those ideas to the world. If you are an expert in a certain sport why keep everything to yourself? If you are a coach, why not teach to a massive audience instead of a small, local one? 4. You are an individual and don't like bosses. Who likes to have a boss, even one that you get along with? A web business can eventually free you from this seemingly inevitable human condition, of having to answer to someone besides yourself. 5. You want a flexible schedule. Maybe you love your coaching job and always want to do it, but it doesn't pay the bills. Maybe you just want to leave the 8-5 world and create your own hours. Either way, a web business is a great way to great freedom daily, and not be a slave to a schedule. You've got plenty of reasons. Now it's time to take the first step in starting your sports business online!
Simple Website Creation That Will Make You Money
As you know we are all fond of the easy things in life. We all like the path of least resistance. The easier we can find our way the better for us. The more complicated something appears the less we understand it and as consequence the less we like it. With this in mind we need to approach the building of a website in a way that will avoid all of the above. Your website will need to be laid out in a way that understands the visitor's needs and addresses them clearly and concisely. The question then becomes how to do this? When considering what subject to build your site around you will need to start your research on the forums relative to the topics of choice. For example if your passion relates to golf then you will need to visit forums where this subject is discussed. Here you will need to look at what questions are being asked and where the people posting to this forum are having difficulty. Then you will need to get engaged and try and help. Here is how you could do this. Create a signature that links back to a free blog that asks the question "what is the biggest problem you face when it comes to golf" On your free blog you could ask other questions. Your blog then can have a form where people can submit their questions. Of course you would need to offer them something to do this that will help their game and of course you will need to offer it for free. Based on this you will be gathering actionable intelligence relative to your target market. With this information you can then build a website that addresses these concerns and provides a product that you are either affiliated with or that you have created yourself. Now that you have this information you can build a real website that can generate a real income in multiple ways. You will want to build a site that is structured properly for the search engines and one which is easy to navigate for your visitors. To conclude if you lay the groundwork properly then the rest will fall into place.
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