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• Top Conversion Metrics to Track in 2024

  22 janvier 2024, par Erin

  2023 boasts  2.64 billion online shoppers worldwide ; that’s more than a third of the global population. With these numbers on an upward trajectory in 2024, conversion metrics are more important than ever to help marketers optimise the online shopping experience. 

  In this article, we’ll provide predictions for the most important conversion metrics you should keep track of in 2024. We’ll also examine how social media can make or break your brand engagement strategy. Keep reading to stay ahead of the competition for 2024 and gain tips and tricks for improving conversion performance.

  What are conversion metrics ?

  In technical terms, conversion metrics are the quantifiable measurements used to track the success of specific outcomes on a website or marketing campaign. Conversion metrics demonstrate how well your website prompts visitors to take desirable actions, like signing up for a newsletter, making a purchase, or filling out a form, for instance.

  Let’s say you’re running a lemonade stand, and you want to compare the number of cups sold to the number of people who approached your stand (your conversion rate). This ratio of cups sold to the total number of people can help you reassess your sales approach. If the ratio is low, you might reconsider your approach ; if it’s high, you can analyse what makes your technique successful and double down.

  

  In 2023, we saw the average conversion rate for online shopping grow by 5.53% compared to the previous year. An increase in conversion rate typically indicates a higher percentage of website visitors converting to buyers. It can also be a good sign for marketing teams that marketing campaigns are more effective, and website experiences are more user-friendly than the previous year. 

  Conversion metrics are a marketers’ bread and butter. Whether it’s through measuring the efficacy of campaigns, honing in on the most effective marketing channels or understanding customer behaviour — don’t underestimate the power of conversion metrics. 

  Conversion rate vs. conversion value 

  Before we dive into the top conversion metrics to track in 2024, let’s clear up any confusion about the difference between conversion rate and conversion value. Conversion rate is a metric that measures the ratio of website visitors/users who complete a conversion action to the total number of website visitors/users. Conversion rates are communicated as percentages.

  A conversion action can mean many different things depending on your product or service. Some examples of conversion actions that website visitors can take include : 

  • Making a purchase
  • Filling out a form
  • Subscribing to a newsletter
  • Any other predefined goal

  Conversion rate is arguably one of the most valuable conversion metrics if you want to pinpoint areas for improvement in your marketing strategy and user experience (UX).

  A good conversion rate completely depends on the type of conversion being measured. Shopify has reported that the average e-commerce conversion rate will be 2.5%-3% in 2023, so if you fall anywhere in this range, you’re in good shape. Below is a visual aid for how you can calculate conversion rate depending on which conversion actions you decide to track :

  

  Conversion value is also a quantifiable metric, but there’s a key difference : conversion value assigns a numerical value to each conversion based on the monetary value of the completed conversion action. Conversion value is not calculated with a formula but is assigned based on revenue generated from the conversion. Conversion value is important for calculating marketing efforts’ return on investment (ROI) and is often used to allocate marketing budgets better. 

  Both conversion rate and conversion value are vital metrics in digital marketing. When used in tandem, they can provide a holistic perspective on your marketing efforts’ financial impact and success. 

  9 important conversion metrics to track in 2024

  Based on research and results from 2023, we have compiled this list of predictions for the most important metrics to track in 2024. 

  

  1. Conversion rate 

  To start things out strong, we’ve got the timeless and indispensable conversion rate. As we discussed in the previous section, conversion rate measures how successfully your website convinces visitors to take important actions, like making purchases or signing up for newsletters. 

  An easy-to-use web analytics solution like Matomo can help in tracking conversion rates. Matomo automatically calculates conversion rates of individual pages, overall website and on a goal-by-goal basis. So you can compare the conversion rate of your newsletter sign up goal vs a form submission goal on your site and see what is underperforming and requires improvement.

  

  In the example above in Matomo, it’s clear that our goal of getting users to comment is not doing well, with only a 0.03% conversion rate. To improve our website’s overall conversion rate, we should focus our efforts on improving the user commenting experience.

  For 2024, we predict that the conversion rate will be just as important to track as in 2023. 

  2. Average visit duration

  This key metric tracks how long users spend on your website. A session typically starts when a user lands on your website and ends when they close the browser or have been inactive for some time ( 30 minutes). Tracking the average visit duration can help you determine how well your content captures users’ attention or how engaged users are when navigating your website. 

  Average Visit Duration = Total Time Spent / Number of Visits

  

  Web analytics tools like Matomo help in monitoring conversion rate metrics like average visit duration. Timestamps are assigned to each interaction within a visit, so that average visit duration can be calculated. Analysing website visit information like average visit duration allows you to evaluate the relevance of your content with your target audience. 

  3. Starter rate

  If your business relies on getting leads through forms, paying attention to Form Analytics is crucial for improving conversion rates. The “starter rate” metric is particularly important—it indicates the number of who people start filling out the form, after seeing it. 

  When you’re working to increase conversion rates and capture more leads, keeping an eye on the starter rate helps you understand where users might encounter issues or lose interest early in the form-filling process. Addressing these issues can simplify the form-filling experience and increase the likelihood of successful lead captures.

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  Concrete CMS tripled their leads using Form Analytics in Matomo—see how in their case study.

  4. Bounce rate

  Bounce rate reflects the percentage of visitors who exit your site after interacting with a single page. Bounce rate is an important metric for understanding how relevant your content is to visitors or how optimised your user experience is. A high bounce rate can indicate that visitors are having trouble navigating your website or not finding what they’re looking for. 

  Matomo automatically calculates bounce rate on each page and for your overall website.

  

  Bounce Rate = (# of Single-Page Sessions / Total # of Sessions) * 100

  5. Cost-per-conversion

  This metric quantifies the average cost incurred for each conversion action (i.e., sale, acquired lead, sign-up, etc.). Marketers use cost-per-conversion to assess the cost efficiency of a marketing campaign. You want to aim for a lower cost-per-conversion, meaning your advertising efforts aren’t breaking the bank. A high cost-per-conversion could be acceptable in luxury industries, but it often indicates a low marketing ROI. 

  Cost-per-Conversion = Ad Spend / # of Conversions

  By connecting your Matomo with Google Ads through Advertising Conversion Export feature in Matomo, you can keep tabs on your conversions right within the advertising platform. This feature also works with Microsoft Advertising and Yandex Ads.

  Try Matomo for Free

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  6. Average order value (AOV)

  AOV is a conversion metric that calculates the average monetary value of each order. AOV is crucial for helping e-commerce businesses understand the value of their transactions. A high AOV means buyers spend more per transaction and could be more easily influenced by upselling or cross-selling. Low AOV isn’t necessarily bad — you can compensate for a low AOV by boosting transaction volume. 

  

  AOV = Total Revenue / Total # of Orders 

  Matomo automatically tracks important e-commerce metrics such as AOV, the percentage of visits with abandoned carts and the conversion rate for e-commerce orders.

  7. Exit rate

  Exit rate measures the percentage of visitors who leave a specific webpage after viewing it. Exit rate differs from bounce rate in that it focuses on the last page visitors view before leaving the site. A high exit rate should be examined to identify issues with visitors abandoning the specific page. 

  Exit Rate = (# of Exits from a Page / Total # of Pageviews for that Page) * 100

  

  In the Matomo report above, it’s clear that 77% of visits to the diving page ended after viewing it (exit rate), while 23% continued exploring. 

  On the other hand, our products page shows a lower exit rate at 36%, suggesting that more visitors continue navigating through the site after checking out the products.

  How to improve your conversion performance 

  If you’re curious about improving your conversion performance, this section is designed to guide you through that exact process.

  

  Understand your target audience and their behaviour

  You may need to return to the drawing board if you’re noticing high bounce rates or a lack of brand engagement. In-depth audience analysis can unveil user demographics, preferences and behaviours. This type of user data is crucial for building user personas, segmenting your visitors and targeting marketing campaigns accordingly.

  You can segment your website visitors in a number of web analytics solutions, but for the example below, we’ll look at segmenting in Matomo. 

  

  In this instance, we’ve segmented visitors by mobile users. This helps us see how mobile users are doing with our newsletter signup goal and identify the countries where they convert the most. It also shows how well mobile users are doing with our conversion goal over time.

  It’s clear that our mobile users are converting at a very low rate—just 0.01%. This suggests there’s room for improvement in the mobile experience on our site.

  Optimise website design, landing pages, page loading speed and UX

  A slow page loading speed can result in high exit rates, user dissatisfaction and lost revenue. Advanced web analytics solutions like Matomo, which provides heatmaps and session recordings, can help you find problems in your website design and understand how users interact with it.

  Making a website that focuses on users and has an easy-to-follow layout will make the user experience smooth and enjoyable.

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  Create compelling calls-to-action (CTA)

  Research shows that a strategically placed and relevant CTA can significantly increase your revenue. CTAs guide prospects toward conversion and must have a compelling and clear message. 

  You can optimise CTAs by analysing how users interact with them — this helps you tailor them to better resonate with your target audience. 

  A/B testing

  A/B testing can improve your conversion performance by allowing you to experiment with different versions of a web page. By comparing the impact of different web page elements on conversions, you can optimise your website with confidence. 

  Key conversion metrics takeaways

  Whether understanding user behaviour to develop a more intuitive user experience or guessing which marketing channel is the most effective, conversion metrics can be a marketer’s best friend. Conversion metrics help you save time, money and headaches when making your campaigns and website as effective as possible. 

  Make improving conversion rates easier with Matomo, a user-friendly all-in-one solution. Matomo ensures reliable insights by delivering accurate data while prioritising compliance and privacy.

  Get quality insights from your conversion metrics by trying Matomo free for 21 days. No credit card required.

• Web Analytics : The Quick Start Guide

  25 janvier 2024, par Erin

  You’ve spent ages carefully designing your website, crafting copy to encourage as many users as possible to purchase your product. 

  But they aren’t. And you don’t know why. 

  The good news is you don’t have to remain in the dark. Collecting and analysing web analytics lets you understand how your users behave on your site and why they aren’t converting. 

  But before you can do that, you need to know what those metrics and KPIs mean. That’s why this article is taking things back to basics. Below, we’ll show you which metrics to track, what they mean and how to choose the best web analytics platform. 

  What is web analytics ?

  Web analytics is the process of collecting, analysing and reporting website data to understand how users behave on your website. Web analytics platforms like Matomo collect this data by adding a code line to every site page. 

  Why is it important to track web analytics ?

  There are plenty of reasons you should start tracking web analytics, including the following :

  

  Analyse user behaviour

  Being able to analyse user behaviour is the most important reason to track website analytics. After all, you can’t improve your website’s conversion rate if you don’t know what users do on your site.

  A web analytics platform can show you how users move around your site, the links they click on and the forms they fill in. 

  Improve site experience

  Web analytics is a fantastic way to identify issues and find areas where your site could improve. You could look at your site’s exit pages, for example, and see why so many users leave your site when viewing one of these pages and what you can do to fix it.

  It can also teach you about your user’s preferences so you can improve the user experience in the future. Maybe they always click a certain type of button or prefer one page’s design over another. Whatever the case, you can use the data to make your site more user-friendly and increase conversions.

  Boost marketing efforts

  Web analytics is one of the best ways to understand your marketing efforts and learn how to improve them.

  A good platform can collect valuable data about your marketing campaigns, including :

  • Where users came from
  • What actions these users take on your site
  • Which traffic sources create the most conversions

  This information can help you decide which marketing campaigns send the best users to your site and generate the highest ROI. 

  Make informed decisions

  Ultimately, web analytics simplifies decision-making for your website and marketing efforts by relying on concrete data instead of guesswork.

  Rather than wonder why users aren’t adding products to their shopping cart or signing up for your newsletter, you can analyse how they behave and use that information to hypothesise how you can improve conversions. Web analytics will even give you the data to confirm whether you were right or wrong. 

  What are the key metrics you should track ?

  Getting your head around web analytics means knowing the most important metrics to track. Below are seven key metrics and how to track them using Matomo. 

  Traffic

  Traffic is the number of people visiting your website over a period of time. It is the lifeblood of your website since the more visits your site receives, the more revenue it stands to generate.

  However, simply having a high volume of visitors does not guarantee substantial revenue. To maximise your success, focus on attracting your ideal customers and generating quality traffic from those who are most likely to engage with your offerings.

  Ideally, you should be seeing an upward trend in traffic over time though. The longer your website has been published and the more quality and targeted content you create, the more traffic you should receive. 

  Matomo offers multiple ways to check your website’s traffic :

  • Visits log report
  • Real-time visitor map
  • Visits in real-time report

  The visits log report in Matomo is perfect if you want a granular view of your visitors.

  

  It shows you each user session and get a detailed picture of each user, including :

  • Their geographic location
  • The number of actions they took
  • How they found your site
  • The length of time they stayed
  • Their device type
  • What browser they are using
  • The keyword they used to find your site

  Traffic sources

  Traffic sources show how users access your website. They can enter via a range of traffic sources, including search engines, email and direct visits, for instance.

  Matomo has five default traffic source types :

  • Search engine – visitors from search platforms (like Google, Bing, etc.)
  • Direct traffic – individuals who directly type your website’s URL into their browser or have it bookmarked, bypassing search engines or external links
  • Websites – visits from other external sites
  • Campaigns – traffic resulting from specific marketing initiatives (like a newsletter or ad campaign, for instance)
  • Social networks  – visitors who access your website through various social media platforms (such as Facebook, LinkedIn, Instagram. etc.)

  But each of these can be broken into more granular sources. Take organic traffic from search engines, for example :

  

  Matomo tracks visits from each search engine, showing you how many visits you had in total, how many actions those visitors took, and the average amount of time those visitors spent on your site. 

  You can even integrate Google, Bing and Yahoo search consoles to monitor keyword performance and enhance your search engine optimisation efforts.

  Pageviews

  Whenever a browser loads a page, your web analytics tool records a pageview. This term, pageview, represents the count of unique times a page on your website is loaded.

  You can track pageviews in Matomo by opening the Pages tab in the Behaviour section of the main navigation. 

  

  You can quickly see your site’s most visited pages in this report in Matomo. 

  Be careful of deriving too much meaning from pageviews. Just because a page has lots of views, doesn’t necessarily mean it’s quality or valuable. There are a couple of reasons for this. First, the page might be confusing, so users have to keep revisiting it to understand the content. Second, it could be the default page most visitors land on when they enter your site, like the homepage. 

  While pageviews offer insights, it’s important to dig deeper into user behaviour and other metrics to truly gauge a page’s importance and impact.

  Average time on page

  Time on page is the amount of time users spend on the page on average. You can see average time on page in Matomo’s page analytics report.

  A low time on page score isn’t necessarily a bad thing. Users will naturally spend less time on gateway pages and checkout pages. A short time spent on checkout pages, especially if users are successfully completing their transactions, indicates that the checkout process is easy and seamless.

  Conversely, a longer time on blog posts is a positive indicator. It suggests that readers are genuinely engaged with the content.

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  Returning visitors

  Returning visitors measures the number of people who visit your site more than once. It can be expressed as a number or a percentage. 

  While some analytics tools only show returning visitors as a percentage, Matomo lets you learn more about each of them in the Visitor profile report. 

  

  This report offers a full summary of a user’s previous actions, including :

  • How many times they’ve visited your site
  • The pages they viewed on each visit
  • Where they visited from
  • The devices they used
  • How quickly pages loaded

  When people keep coming back to a website, it’s usually a positive sign and means they like the service, content or products. But, it depends on the type of website. If it’s the kind of site where people make one-off purchases, the focus might not be on getting visitors to return. For a site like this, a high number of returning visitors could indicate that the website is confusing or difficult to use. 

  It’s all about the context – different websites have different goals, and it’s important to keep this in mind when analysing your site.

  Conversions

  A conversion is when a user takes a desired action on your website. This could be :

  • Making a purchase
  • Subscribing to your newsletter
  • Signing up for a webinar

  You can track virtually any action as a conversion in Matomo by setting goals and analysing the goals report.

  

  As you can see in the screenshot above, Matomo shows your conversions plotted over time. You can also see your conversion rate to get a complete picture and assign a value to each conversion to calculate how much revenue each conversion generates. 

  Bounce rate

  A visitor bounces when they leave your website without taking an action or visiting another page. 

  Typically, you want bounce rate to be low because it means people are engaged with your site and more likely to convert. However, in some cases, a high bounce rate isn’t necessarily bad. It might mean that visitors found what they needed on the first page and didn’t feel the need to look further. 

  The impact of bounce rate depends on your website’s purpose and goals.

  You can view your website’s bounce rate using Matomo’s page analytics report — the same report that shows pageviews.

  Try Matomo for Free

  Get the web insights you need, without compromising data accuracy.

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  Web analytics best practices

  You should follow several best practices to get the most from website analytics data. 

  Choose metrics that align with your goals

  Only some metrics your analytics platform tracks will be relevant to your business. So don’t waste time analysing all of them.

  Instead, focus on the ones that matter most to your business. A marketer for an e-commerce store, for example, might focus on conversion-related metrics like conversion rate and total number of transactions. They might also want to look at campaign-related metrics, like traffic sources and bounce rates, so they can optimise paid ad campaigns accordingly. 

  A marketer looking to improve their site’s SEO, on the other hand, will want to track SEO web analytics like bounce rate and broken links.

  Add context to your data

  Don’t take your data at face value. There could be dozens of factors that impact how visitors access and use your site — many of which are outside your control. 

  For example, you may think an update to your site has sent your conversions crashing when, in reality, a Google algorithm update has negatively impacted your search traffic.

  Adding annotations within Matomo can provide invaluable context to your data. These annotations can be used to highlight specific events, changes or external factors that might influence your website metrics.

  

  By documenting significant occurrences, such as website updates, marketing campaigns or algorithm changes, you create a timeline that helps explain fluctuations in your data.

  Go further with advanced web analytics features

  It’s clear that a web analytics platform is a necessary tool to understand your website’s performance.

  However, if you want greater confidence in decision-making, quicker insights and better use of budget and resources, you need an advanced solution with behavioural analytics features like heatmaps, A/B testing and session recordings. 

  Most web analytics solutions don’t offer these advanced features, but Matomo does, so we’ll be showcasing Matomo’s behavioural analytics features.

  Now, if you don’t have a Matomo account, you can try it free for 21-days to see if it’s the right tool for you.

  

  A heatmap, like the example above, makes it easy to discover where your users pay attention, which part of your site they have problems with, and how they convert. It adds a layer of qualitative data to the facts offered by your web analytics tool.

  Similarly, session recordings will offer you real-time playbacks of user interactions, helping you understand their navigation patterns, identify pain points and gain insights into the user experience.

  Then you can run experiments bu using A/B testing to compare different versions of your website or specific elements, allowing you to make informed decisions based on actual user preferences and behaviour. For instance, you can compare different headlines, images, page layouts or call-to-action buttons to see which resonates better with your audience. 

  Together, these advanced features will give you the confidence to optimise your website, improve user satisfaction and make data-driven decisions that positively impact your business.

  Try Matomo for Free

  Get the web insights you need, without compromising data accuracy.

  Start for free

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  How to choose a web analytics tool

  A web analytics tool is the best way to track the above metrics. Choose the best one for your company by following the steps below. 

  Look for the right features

  Most popular web analytics platforms, like Google Analytics, will offer the same core features like tracking website traffic, monitoring conversions and generating reports. 

  But it’s the added features that set great tools apart. Do you need specific tools to measure the performance of your e-commerce store, for example ? What about paid ad performance, A/B testing or form analytics ?

  By understanding exactly what you need from an analytics platform, you can make an informed choice. 

  Think about data accuracy

  Data accuracy is one of the biggest issues with analytics tools. Many users block cookies or opt out of tracking, making it difficult to get a clear picture of user behaviour — and meaning that you have to think about how your user data will be collected with your chosen platform.

  Google Analytics, for instance, uses data sampling to make assumptions about traffic levels rather than relying on accurate data. This can lead to inaccurate reports and false conclusions. 

  It’s why Matomo doesn’t use data sampling and provides 100% accurate data. 

  Understand how you’ll deal with data privacy

  Data privacy is another big concern for analytics users. Several major analytics platforms aren’t compatible with regional data privacy laws like GDPR, which can impact your ability to collect data in these regions. 

  It’s why many companies trust privacy-focused analytics tools that abide by regulations without impacting your ability to collect data. Matomo is a market leader in this respect and is one of the few web analytics tools that the Centre for Data Privacy Protection in France has said is exempt from tracking consent requirements.

  Many government agencies across Europe, Asia, Africa and North America, including organisations like the United Nations and European Commission, rely on Matomo for web analytics.

  Conclusion

  Web analytics is a powerful tool that helps you better understand your users, improve your site’s performance and boost your marketing efforts. 

  If you want a platform that offers advanced features, 100% accurate data and protects your users’ privacy, then look no further than Matomo. 

  Try Matomo free for 21 days, no credit card required. 

  Try Matomo for Free

  21 day free trial. No credit card required.

  
  

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• Anomalie #4308 (Nouveau) : Objet sans statut : problème avec objet_instituer()

  7 mars 2019, par tcharlss (*´_ゝ｀)

  Le contexte

  J’ai un objet éditorial sans statut, et avec une date.
  La date est bien déclarée dans declarer_tables_objets_sql : 'date' => 'date'
  Le formulaire d’édition permet de modifier directement la date, sans avoir à passer par #FORMULAIRE_DATER.

  Problème

  La date saisies par l’utilisateur n’est pas enregistrée, ça remet systématiquement la date actuelle.
  À la toute fin des traitements, dans la fonction objet_editer_heritage(), on retrouve bien la date correcte dans le tableau des champs à modifier qui est transmis à sql_updateq().
  Par contre il y également le champ ’statut’, hors il n’a rien à faire là : ça provoque une erreur SQL.

  Voici ce que renvoie var_dump($champs) :
  

  array (size=2)
    ’statut’ => string ’’ (length=0)
    ’date’ => string ’2019-01-22 00:00:00’ (length=19)
  

  C’est en amont dans objet_instituer() que le tabeau des champs à modifier est contruit.
  Il semble qu’il y a des tests effectués pour vérifier la présence du champ de statut dans la table, pourtant même en son absence il se retrouve dans la liste.
  Je n’arrive pas à mettre le doigt sur l’endroit exact où ça coince, RastaPopoulos me dit que ça doit se jouer vers la ligne 333

  Solution

  Pas vraiment une solution, mais ça montre bien que c’est l’absence de statut qui fait tout planter : quand je retire la clé ’statut’ dans au moyen du pipeline pre_edition, ça marche.