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• Privacy-friendly analytics : The benefits of an ethical, GDPR-compliant platform

  13 juin, par Joe

  Your visitors shouldn’t feel like you’re spying on them — even if you’re just trying to improve the user experience or track your marketing efforts. 

  While many analytics platforms make customers feel that way thanks to intrusive cookie consent banners and highly personalised ads, there is a growing movement towards ethical, privacy-friendly analytics.

  In this article, you’ll learn what privacy-friendly analytics is, why it matters, what to look for in a solution and which of the leading providers is right for you. 

  What is privacy-friendly analytics ? 

  Privacy-friendly analytics is a form of website analytics that collects and analyses data in a way that respects the user’s privacy. It’s a type of ethical web analytics.

  Privacy-friendly platforms limit personal data collection and anonymise individual user data while being transparent about collection and tracking methods. They help companies adhere to data protection laws (like GDPR, CCPA, and HIPAA) and new privacy laws (like OCPA, FDBR, and TDPSA) without configuring custom settings. 

  Why use privacy-friendly analytics ? 

  Millions of businesses choose privacy-friendly analytics platforms like Matomo. Here are a few reasons why : 

  Build trust with customers

  Research shows that the vast majority of consumers don’t trust companies with their data, believing that they prioritise profits over data protection. 

  Privacy-friendly analytics can help businesses prove they aren’t out to profit from consumer data and regain customer trust. This can ultimately boost revenue. According to Cisco’s Data Privacy Benchmark Study, organisations gain $180 for every $100 spent on privacy. 

  Comply with privacy regulations

  Data privacy regulations, such as GDPR, protect consumer privacy and establish strict rules governing how businesses can collect and use personal data.

  The cost of non-compliance is high. Under GDPR, fines can be up to €20 million, or 4% of worldwide annual revenue.

  Thanks to features like data anonymisation and the default use of first-party cookies, privacy-friendly analytics platforms can support and strengthen compliance efforts. 

  In fact, the French Data Protection Authority (CNIL) approved Matomo as one of the only web analytics tools to collect data without tracking consent.

  Minimise the impact of a breach

  According to IBM’s Cost of a Data Breach report, the average cost of a data breach is nearly $4.5 million. The more personally identifiable information (PII) is involved, the higher the fines and penalties. 

  A privacy-friendly analytics tool can reduce the potential impact of a breach by minimising the amount of personal information you hold. 

  Is Google Analytics privacy-friendly ?

  Google may be the best-known analytics platform, but it’s not the best choice for businesses that want to collect data responsibly and ethically. 

  Here are just a few of Google Analytics’s privacy issues :

  • It uses analytics data to run its advertising business.
  • It may train large language models like Gemini with analytics data.
  • It requires a specific setup to be GDPR compliant that isn’t available out of the box.

  Google Analytics’s ongoing issues with privacy laws like GDPR also raise doubt. The French and Austrian Data Protection Authorities have banned Google Analytics in the past, and there is no guarantee they won’t do so again. 

  What to look for in privacy-friendly analytics ?

  Several privacy-friendly analytics tools are available. To find the right one for your brand, look for the following features.

  Data ownership

  Choose a provider that gives you as much control over your users’ data as possible. Ideally, this will be via an on-site solution where you store data on your servers. For cloud-based options, ensure your analytics provider can’t access, use or sell it.

  With 100% data ownership, you have the power to protect your users’ privacy. You know where your customer data is stored and what’s happening to it without external influence.

  Open source

  The only genuinely privacy-friendly software is open-source software. Open-source software means anyone can review the code to ensure it does what it promises — in this case, maximising privacy. 

  Matomo is an open-source software company. Our source code is on GitHub, where everyone can see precisely how our platform tracks and stores user data. A community of developers also regularly examines and reviews our code to further strengthen security. 

  Data anonymisation 

  Privacy-friendly analytics should allow marketers to completely anonymise the data they collect. They achieve this through several techniques like IP anonymisation and pseudonymised user IDs that modify or remove personally identifiable data so it can’t be linked to individuals.

  

  Matomo’s data anonymisation settings 

  In Matomo, for example, you can anonymise the following things in the platform’s Privacy settings :

  • IP address
  • Location
  • User ID

  IP address anonymisation is enabled by default in Matomo.

  No data sampling 

  Data sampling involves extrapolating analytics reports from an incomplete data set. Google Analytics uses this practice and relies on estimates, leading to incomplete and potentially inaccurate results.

  Privacy-friendly analytics should provide 100% accurate insights without making assumptions about your users’ data.

  GDPR compliance

  Privacy-friendly web analytics platforms adhere to even the strictest privacy laws, including GDPR, HIPAA and CCPA, thanks to the following features :

  • Data anonymisation
  • Cookieless tracking
  • EU data storage
  • First-party cookies by default

  

  Matomo data subject access request settings
  (Image Source)

  Privacy-first platforms also make it easy for companies to fulfil data subject access requests. In Matomo, for example, a dedicated feature lets you find, download and delete all of the data you hold about specific individuals. 

  Cookieless tracking

  Cookieless tracking is a form of visitor tracking that uses methods other than cookies to identify individual users. It is more privacy-friendly because no personal data is collected, and users can withhold consent from cookie banners.

  Matomo uses the most privacy-friendly industry-leading cookieless tracking method, config_id, to anonymously track visitors without fingerprinting them. 

  Top 3 privacy-friendly analytics platforms

  We’ve shortlisted three of the leading privacy-friendly analytics platforms. Learn what they offer, what makes them different and how much they cost.

  Matomo

  Matomo is an open-source web analytics tool and privacy-focused Google Analytics alternative trusted by over one million sites in over 190 countries and over 50 languages. 

  

  Matomo dashboard

  Matomo prioritises privacy and keeping businesses compliant with global privacy regulations like GDPR, CCPA and HIPAA. The data you collect is 100% accurate and yours alone. We don’t share it or use it for other purposes. 

  Benefits

  • Matomo’s all-in-one solution offers traditional web and behavioural analytics, such as heatmaps and session recordings. It also includes a free, open-source tag manager. 
  • Matomo gives you the choice of where to store your user’s data. With Matomo Cloud, that’s in our European servers. With Matomo On-Premise, that’s on your servers.
  • Matomo is open-source. Hundreds of independent developers have reviewed our code, and you can view it yourself on GitHub.

  Pricing 

  Hosting Matomo On-Premise is free, while Matomo Cloud costs $26 per month. 

  Fathom

  Fathom Analytics is a simple, easy-to-use alternative to Google Analytics that puts a premium on privacy. 

  

  Fathom dashboard
  (Image Source)

  Fathom has made its platform as easy to use as possible. You can install Fathom on any website or CMS using a single line of code. It also means the platform won’t massively impact your site’s speed or SEO performance. 

  Benefits

  • Fathom complies with all major privacy regulations, including GDPR and CCPA.
  • Fathom doesn’t sample data. It also blocks bots and scrapers, so you only see human visitors.
  • Fathom anonymises IP addresses, so you don’t have to show cookie banners.

  Drawbacks

  • Fathom doesn’t offer many of Matomo’s advanced features like e-commerce tracking, heatmaps, and session recordings.
  • The premium version of Fathom is not open-source. 

  Pricing 

  From $15 per month.

  Plausible

  Plausible Analytics is an open-source, privacy-friendly analytics tool built and hosted in the EU.

  

  Plausible dashboard
  (Image Source)

  The platform launched in 2019 as a lightweight, easy-to-use alternative to Google Analytics. Its simplicity is a big selling point. Instead of dozens of menus, it presents the information you need on a single page.

  Benefits

  • Plausible boasts an ultra-lightweight script, which means it has a minimal impact on page loading times. 
  • Plausible is GDPR and CCPA-compliant by design, so there’s no need for cookie banners.
  • Plausible is an open-source software with the source code available on GitHub.

  Drawbacks

  • Plausible lacks advanced privacy controls like a GDPR manager.
  • It has none of Matomo’s advanced features like A/B testing, session recordings or heatmaps. 

  Pricing 

  From $9 per month

  Try Matomo for free

  Ready to try a privacy-friendly analytics solution ? Making the switch is easy with Matomo, as it’s one of the only platforms to import historical Google Analytics data. You can also try Matomo for free for 21 days — no credit card required. 

• How to Check Website Traffic : A Complete Guide

  26 février, par Daniel Crough — Analytics Tips, Marketing

  If you want to learn about the health of your website and the success of your digital marketing initiatives, there are few better ways than checking your website traffic.

  Checking website traffic is a great way to get a dopamine hit when things are up. And it’s a great way to troubleshoot problems when things go down. It’s also a critical data source for marketing and web teams. But to get the most out of it, you need reliable data sources, the ability to track them over time and a way to monitor the competition.

  This article explains how to check website traffic (for your site and your competitors), explores nine tools that can help and discusses why some methods are better than others.

  Why check website traffic ?

  Dopamine hits aside, monitoring website traffic is crucial to a business — even for a primarily brick-and-mortar operation. In this internet age, customers and prospects are far more likely to research a company online before buying anything.

  SOCi’s 2024 Consumer Behavior Index found that 8 in 10 US consumers use the internet to search for local businesses at least once a week. And Statista found that 55% of UK shoppers always do some online research before making a major purchase.

  And trend lines suggest these numbers are likely to continue climbing. Businesses need to know what’s happening on their sites, and that’s difficult to achieve without traffic data.

  Indeed, website data allows companies to better understand their target audiences, measure the effectiveness of marketing efforts and channels, and identify areas of the website that need work.

  Let’s dig into those ideas in a little more detail.

  

  Benchmark site performance

  Keeping regular tabs on traffic levels is a great way to track a website’s performance over time. It can help with planning for the future and identifying current problems.

  For instance, rising traffic levels may mean expanding the business’s offering or investing in more inventory. On the flip side, decreasing traffic levels may suggest it’s time to revamp marketing strategies or look into issues impacting SEO.

  Analyse user behaviour

  Checking website traffic, user behaviour, and other metrics shows marketing managers how users interact with the website. These traffic stats can help answer questions like :

  • Which pages are users visiting ?
  • Which CTAs are they clicking on ?
  • Which page elements encourage users to take the desired actions ?

  It can also identify issues contributing to high bounce rates or declines in search rankings.

  The better user behaviour is understood, the easier it is to give visitors what they want. For example, the data could reveal that users spend more time on landing pages than blogs. These valuable insights can be used to optimise blog content and improve performance.

  Improve the user experience

  Once user behaviour is well understood, it’s easier to make adjustments, update content and improve the overall user experience. This also allows companies to create more personalised customer experiences, which can lead to growth. Research shows companies that get personalisation right generate 40% more revenue from those activities than average players.

  That could take the form of sweeping changes like rearranging a website’s navigation bar based on user behaviour. It could also be personalisation that uses analytics to transform sections or entire pages based on individual user behaviour.

  Optimise digital marketing strategies

  Knowing current traffic levels and how they trend over time helps teams set benchmarks and prioritise marketing efforts.

  Monthly traffic reports can inform SEO efforts and benefit marketing attribution. For example, they could indicate when the time is right to double down on organic traffic or when the better strategy would be to invest more in PPC advertising.

  Increasing organic traffic levels from other countries can help businesses identify new marketing opportunities. If traffic levels from a neighbouring country or a growing market increase significantly, it could be time for a cross-border campaign.

  Filter unwanted traffic

  A significant chunk of every website’s traffic comes from bots and other unwanted sources. This can compromise the quality of website data and make it harder to draw useful insights. While it’s nearly impossible to get rid of this traffic completely, many analytics tools have features to filter it out of the stats.

  Why check competitors’ website traffic

  Websites are windows into businesses and their strategies. That’s why monitoring traffic and other metrics drawn from competitors is essential.

  There’s a lot to learn from the competition, both good and bad. What competitors do well can be replicated, and learning from the elements they get wrong can help you avoid making the same mistakes.

  • Strategic planning : Looking at traffic on specific pages can offer insight into potential marketing campaigns and highlight gaps in the market that may be worth attacking. Looking at their organic, paid, social and referral traffic levels can highlight opportunities for growth or pinpoint the reasons for success in a particular area.
  • Benchmarking : Looking at website traffic in isolation can lack context. Monitoring other sites’ engagement metrics, like bounce rate and average session duration, can give you an inside look at the competition, which can help you set realistic performance goals and benchmarks.
  • Product Development : Significant traffic volume on certain pages can indicate shifts in demand and market trends, which may inform the development of new products or services. For example, if a competitive dog food supplier ranks well for the term “organic dog food”, that might be something to consider when formulating new products.
  • Audience demographics : Comparing audience demographics between competitors can highlight opportunities and help a business narrow down its target audience. This guides messaging and campaign strategies to capture specific audience segments.
  • Keyword opportunities : Examining the keywords driving the most traffic to a competitor’s website can help you uncover untapped SEO potential for your website. Analysing top-performing content on competing sites can help identify content improvement strategies to pull traffic away from competitors.
  • Partnerships : Referrals are an often overlooked traffic metric. High volumes of such traffic indicate successful partnerships between competitors and third parties, which is a model worth emulating.

  7 key website traffic metrics to track

  Traffic metrics are not a case of one-size-fits-all. Those that are important today may not be tomorrow. It all depends on the priorities and goals at any one moment. That said, there are a few traffic metrics that always matter to some degree.

  • New visitors : These are users who have never visited the website before. They are a great sign that marketing efforts are working and the website is reaching more people. But it’s also important to track how they behave on the website to ensure the site caters effectively to the needs of new visitors.
  • Returning visitors : Returning visitors are coming back to the website for a reason : either they like the content they find or want to buy something. Either way, it’s excellent news. The more returning visitors, the better.
  • Bounce rate : This measures how many users leave the website without taking action. Different analytics tools measure this metric differently.
  • Session duration : This is the time users spend on the website, which can reveal whether they find the site engaging. And when considered alongside the next metric, it can be especially insightful.
  • Pages per session : This measures the average number of pages users visit on a website. The more pages they visit and the longer users spend on the website, the more engaging it is.
  • Traffic source : Traffic can come from various sources (organic, direct, social media, referral, etc.). Knowing the highest sources of referral traffic can help analyse and prioritise marketing efforts.
  • User demographics : This shows who visits a website, what device they use, what country they come from, etc. While most website traffic will come from the countries targeted by marketing, an influx of new users from other countries can open the door to new opportunities.

  9 tools to check website traffic

  There are thousands of different web analytics tools that can provide decent website traffic analysis and functionality checks. They all use a similar combination of sophisticated algorithms, data collection techniques, statistical analysis and machine learning to deliver insights into visitor behaviour and site performance.

  Most web analytics tools work by embedding bits of JavaScript or other tracking codes into a website. When users land on a website, it gathers data such as page views, session duration, and specific interactions. Many also use cookies to identify returning visitors, which lets them monitor user behaviour over time.

  Many tools offer advanced event-tracking functionality. This captures specific actions, like clicks or form submissions, and provides a more granular view of engagement. The data is then statistically analysed to spot trends and calculate key metrics like bounce rates and conversion rates.

  Some web analytics tools use machine learning to predict future user behaviour based on historical patterns. Others aggregate data to provide insights via charts comparing website performance with selected competitors’ websites.

  This section explores nine popular tools for checking website traffic and highlights their unique features and benefits.

  1. Checking website traffic with Google Analytics

  Google Analytics is usually the first place to start for anyone looking to check their website traffic. It’s free to use, incredibly popular and offers a wide range of traffic reports.

  It breaks down historical traffic data in many different ways. It can split traffic by acquisition channel (organic, social media, direct, etc.), by country, device or demographic. It also provides real-time traffic reports that offer a snapshot of users on the site right now and over the last 30 minutes.

  

  Google Analytics may be one of the most popular ways to check website traffic, but it could be better. Google Analytics 4 (GA4) is difficult to use compared to its predecessor, and it also imposes data tracking limits in accordance with privacy laws. If users refuse cookie consent, Google Analytics won’t record those visits. In other words, using Google Analytics alone doesn’t provide a complete view of the traffic.

  

  Also, GA4 relies on sampling when processing large datasets or complex queries. When the volume of data exceeds certain thresholds, it only considers a subset of the data to generate reports instead of processing every single data point.

  There are pros and cons to this approach. While it speeds up analysis and reduces the load on the system, it can also lead to inaccuracies in insights delivered. When analysing traffic patterns over a busy period, GA4 may only use a portion of the data to calculate and then extrapolate metrics.

  As a result, trends or anomalies might be overlooked or misconstrued, which could mean missed opportunities or poor decisions. That’s why it’s important to use Google Analytics alongside other web analytics tools (like Matomo) that don’t suffer from the same privacy issues. That way, it’s possible to track every single user who visits the website.

  2. Checking website traffic with Google Search Console

  Google Search Console is a free tool that analyses a website’s Google search traffic. The top-line report shows how many times the website has appeared in Google Search, how many clicks it has received, the average clickthrough rate and its average position in the search results.

  

  It’s a great way to understand what the website ranks for and how much traffic organic rankings generate. It will also show which pages are indexed in Google and whether there are any crawling errors.

  Unfortunately, Google Search Console is limited if a complete view of traffic is needed. While the search traffic can be analysed in great detail, it will not report how users who access the website behave on it.

  3. Checking website traffic with Similarweb

  Similarweb is a website analysis tool that estimates the total traffic of any site on the internet. It is one of the best traffic checker tools for estimating how much web traffic competitors receive.

  What’s great about Similarweb is that it estimates total traffic, not just traffic from search engines like many SEO tools. It even breaks down traffic by different channels for easy comparison.

  

  Similarweb provides an estimate of total visits, bounce rate, the average number of pages users view per visit and the average duration on the site. The company also has a free browser extension that continues checking website traffic estimates while the user is browsing the web.

  Similarweb is free to use, up to a point. However, to get the most out of this tool, you must upgrade to the premium plan, which starts at $125 per user per month.

  The price isn’t Similarweb’s only downside. Ultimately, it provides reasonably accurate estimates but is no match for a comprehensive traffic analytics tool.

  4. Checking website traffic with Semrush

  Semrush is a collection of marketing solutions for online businesses. Its Traffic Analytics tool checks the website traffic of up to 100 sites and compares that data side-by-side. For each site, it reveals the top pages, the regions from which most of the traffic comes, and the locations from which the most referrals come.

  Semrush also gathers insights into competitors’ audiences and their activity, especially activity that overlaps between the sites being checked. It extracts and analyses comprehensive data on organic and paid search, social media, and backlinks.

  

  However, there are notable downsides. Semrush can be pricey, with plans starting at about $119.95 per month or $1,199.40 annually. This cost may be prohibitive for smaller businesses or freelancers. Still, a free version offers most of the functionality but with a limited number of daily reports.

  5. Checking website traffic with Ahrefs

  Ahrefs‘s biggest strength is its organic traffic estimation capabilities. It estimates monthly visits from Google worldwide, Google keywords in the top 100 that a website ranks for, and traffic value via equivalence to PPC.

  

  Ahrefs bases its estimates on ranking data from a database of 12 billion keywords, which is why it is so powerful. It generates a detailed report that includes organic traffic estimates, backlink data, and top-performing keywords.

  However, the numbers produced by Ahrefs are estimates based on the available data and won’t always be 100% accurate. This is particularly true for smaller or newer websites that lack the data volumes needed for accuracy.

  It’s a great SEO marketing tool that’s free to use within certain limits, but there is some value in registering for a paid plan. There are several options, beginning with the $129 per month Lite plan and extending to the Enterprise Plan for $1,499 monthly.

  6. Checking website traffic with Serpstat

  Serpstat is an SEO solution that grew from a simple keyword research tool. It offers more comprehensive features to help businesses understand their website’s performance. It helps improve a site’s visibility through tools for rank tracking, keyword research, traffic checking, backlink analysis, and site auditing.

  

  It provides metrics like estimated monthly visits, traffic sources (organic, paid, and referral), and insights into top-performing pages. Serpstat also offers competitor analysis features that help to identify market trends and refine growth strategies. However, like Ahrefs, the numbers provided are estimates, which are only as good as the depth of data from which they are derived.

  The free version is fine for basic analysis, but signing up for one of the paid plans is advisable for commercial use. Pricing ranges from $59 per month to a monthly fee of $479 for the Agency plan. There is an option to pay annually at a discount.

  7. Checking website traffic with SEO PowerSuite

  SEO PowerSuite also goes some distance beyond just website traffic checking. As the name implies, it’s a suite of tools to improve website rankings.

  

  There are four tools in the suite :

  • Rank Tracker enables tracking a website’s search engine rankings across multiple keywords and search engines.
  • WebSite Auditor offers SEO analysis of website pages and recommends actions to boost performance.
  • SEO SpyGlass analyses a website’s backlink profile to highlight link-building possibilities that’d help improve performance.
  • LinkAssistant helps identify websites suitable for link-building and recommends viable outreach opportunities.

  SEO PowerSuite has a free plan and two premium plans with varying functionality. The monthly cost could be as much as $139.67, depending on the features needed. Annual pricing options are also available.

  8. Checking website traffic with Ubersuggest

  Ubersuggest is also an SEO-focused tool. It offers website traffic analysis, keyword rankings, backlink profiles, and competitor insights. These are packaged in reports that provide an overview of website traffic, including monthly organic traffic totals and the number of organic keywords the site ranks for. Ubersuggest also offers content suggestions.

  

  Like other tools in this category, Ubersuggest doesn’t collect comprehensive data, so its numbers are estimates. This means the accuracy can vary. However, it remains a solid choice for providing great insights and enhancing a website’s online presence.

  Like many tools in this category, there is a free version to give potential customers a taste, which is restricted by volume more than features. The paid plans range from around $29 per month for one website on the individual plan to about $99 per month for 8-15 websites on the Enterprise plan. Discounted annual pricing is also an option.

  9. Checking website traffic with MonsterInsights

  MonsterInsights is a tool worth considering for websites built on WordPress because it’s not a website checking tool in the usual sense. It’s a WordPress plugin that simplifies the task by integrating Google Analytics directly into a website.

  MonsterInsights then uses the raw data provided by GA4 to extract actionable insights based on audience preferences and activity. This makes it easier to focus on the relevant metrics for different types of websites. For example, the metrics used to measure a blog site would not be the same as those for an ecommerce site.

  But there are some downsides, too. While the basic version is free, it has limited features, and the most potent functionality requires a premium subscription. Those start at $249 per year for a single site, or the Pro plan at $499 for up to five sites. Agencies looking to work with up to 25 sites are in for $999.

  

  There’s another option

  Although many of these tools have free versions, those tend to be heavily restricted, and premium plans can be expensive. A website has to generate serious revenue to deliver a decent return on investment (ROI) to justify the costs.

  As more countries adopt GDPR-like privacy regulations, brands must ensure they’re using compliant, privacy-centric analytics tools.

  Matomo Analytics is one such tool. It’s an ethical, open-source solution that helps you collect accurate data about your website’s traffic and make more informed decisions. This enhances the customer experience and ensures GDPR compliance and user privacy.

  It’s completely free to install as an on-premise solution. Alternatively, there’s the subscription-based Matomo Cloud version.

  How to check website traffic on Matomo

  Apart from a better ROI picture, Matomo offers a more reliable assessment of your website’s traffic than Google Analytics 4. It also provides multiple ways to check organic search traffic :

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

  Let’s look at all of them one by one.

  The visits log report is a unique rundown of your site’s visitors. It offers a much more granular view than other traffic checker tools, which only show the total number of visitors for a given period.

  

  You can access the visits log report by clicking on the reporting menu and then clicking Visitor and Visits Log. From there, you’ll be able to scroll through every user session and see the following information :

  • The location of the user
  • The total number of actions they took
  • The length of time on site
  • How they arrived at your site
  • The device they used to access your site

  It may be overwhelming if your site receives thousands of visitors at a time. But it’s a great way to understand users at an individual level and appreciate the lifetime activity of specific users.

  The Real-time visitor map shows site visitors’ location for a given timeframe. If you have an international website, it’s a fantastic way to see exactly where your traffic comes from.

  

  You can access the Real-time Visitor Map by clicking Visitor in the main navigation menu and then Real-time Map. The map itself is colour-coded. Larger orange bubbles represent recent visits, and smaller dark orange and grey bubbles represent older visits. The map will refresh every five seconds, and new users appear with a flashing effect.

  If you run TV or radio adverts, Matomo’s Real-time Map provides an immediate read on the effectiveness of your campaign. If your map lights up in the minutes following your ad, you know it’s been effective. It can also help you identify the source of bot attacks, too.

  Finally, the Visits in Real-time report provides a snapshot of who is browsing your website. You can access this report under Visitors > Real-time and add it to your custom dashboards as a widget.

  Open the report, and you’ll see the real-time flow of your site’s users and counters for visits and pageviews over the last 30 minutes and 24 hours. The report refreshes every five seconds with new users added to the top of the report with a fade-in effect.

  

  The report provides a snapshot of each visitor, including :

  • Whether they are new or returning
  • Their country
  • Their browser
  • Their operating system
  • The number of actions they took
  • The time they spent on the site
  • The channel they came in from
  • Whether the visitor converted a goal

  Why do my traffic reports differ ?

  If you use more than one of the methods above to check your website traffic, you’ll quickly realise that every traffic report differs. In some cases, the reasons are obvious. Any tool that estimates your traffic without adding code to your website is just that : an estimate. Tools like many of those mentioned here will never offer the accuracy of analytics platforms like Matomo and Google Analytics.

  But what about the differences between these analytics platforms themselves ? While each platform records user behaviour differently, significant differences in website traffic reports between analytics platforms are usually due to how each platform handles user privacy.

  A platform like Google Analytics requires users to accept a cookie consent banner to track them. If they accept, great. Google collects all of the data that any other analytics platform does. It may even collect more. However, if users reject cookie consent banners, Google Analytics can’t track them. They simply won’t show up in your traffic reports.

  That doesn’t happen with all analytics platforms, however. A privacy-focused alternative like Matomo doesn’t require cookie consent banners (apart from in the United Kingdom and Germany). Therefore, it can continue to track visitors even after they have rejected a cookie consent screen from Google Analytics. This means virtually all website traffic will be tracked regardless of whether users accept a cookie consent banner. And it’s why traffic reports in Matomo are often much higher than in Google Analytics.

  

  Around half (47.32%) of adults in the European Union refuse to allow personal data tracking for advertising purposes, and 95% of people will reject additional cookies when it is easy to do so. So relying on cookies limits your results — and causes you to miss out on valuable user data.

  If you’re serious about using web analytics to improve your website and optimise your marketing campaigns, then it is essential to use another analytics platform alongside Google Analytics.

  What to do if website traffic levels drop

  Experiencing a drop in website traffic can be frustrating, but it happens to everyone at some point. Here’s how to address it :

  • Analyse traffic sources : Use analytics tools to pinpoint where the decline is coming from—organic search, referrals, or social media.
  • Check for technical issues : Look for broken links or slow loading times, which can deter visitors. Tools like Google Search Console can help identify errors.
  • Review recent changes : Consider any recent updates to the website. If something coincided with the drop, it might be worth reverting.
  • Evaluate content quality : Ensure the content is engaging and relevant. Update or improve underperforming posts.
  • Reassess the marketing strategy : The only constant in marketing is change. It’s wise to periodically revisit the balance between paid ads, social media and other vectors to evaluate their effectiveness and adjust the approach.

  It’s perfectly normal for website traffic volumes to fluctuate. Expect it and work with the available tools. Persistence will likely see the traffic volumes rebound.

  Get more accurate traffic reports with Matomo

  There are several methods to check website traffic. Some can provide estimates on your competitors’ traffic levels. Others, like Google Analytics, are free. But data doesn’t lie. Only privacy-focused analytics solutions like Matomo can provide accurate reports that account for every visitor.

  Join over one million organisations using Matomo to check their website traffic accurately and ethically.

  Try Matomo for Free

  Start your 21-day free trial — no credit card required.

• 7 Fintech Marketing Strategies to Maximise Profits in 2024

  24 juillet 2024, par Erin

  Fintech investment skyrocketed in 2021, but funding tanked in the following two years. A -63% decline in fintech investment in 2023 saw the worst year in funding since 2017. Luckily, the correction quickly floored, and the fintech industry will recover in 2024, but companies will have to work much harder to secure funds.

  F-Prime’s The 2024 State of Fintech Report called 2023 the year of “regulation on, risk off” amid market pressures and regulatory scrutiny. Funding is rising again, but investors want regulatory compliance and stronger growth performance from fintech ventures.

  Here are seven fintech marketing strategies to generate the growth investors seek in 2024.

  Top fintech marketing challenges in 2024

  Following the worst global investment run since 2017 in 2023, fintech marketers need to readjust their goals to adapt to the current market challenges. The fintech honeymoon is over for Wall Street with regulator scrutiny, closures, and a distinct lack of profitability giving investors cold feet.

  Here are the biggest challenges fintech marketers face in 2024 :

  • Market correction : With fewer rounds and longer times between them, securing funds is a major challenge for fintech businesses. F-Prime’s The 2024 State of Fintech Report warns of “a high probability of significant shutdowns in 2024 and 2025,” highlighting the importance of allocating resources and budgets effectively.
  • Contraction : Aside from VC funding decreasing by 64% in 2023, the payments category now attracts a large majority of fintech investment, meaning there’s a smaller share from a smaller pot to go around for everyone else.
  • Competition : The biggest names in finance have navigated heavy disruption from startups and, for the most part, emerged stronger than ever. Meanwhile, fintech is no longer Wall Street’s hottest commodity as investors turn their attention to AI.
  • Regulations : Regulatory scrutiny of fintech intensified in 2023 – particularly in the US – contributing to the “regulation on, risk off” summary of F-Prime’s report.
  • Investor scrutiny : With market and industry challenges intensifying, investors are putting their money behind “safer” ventures that demonstrate real, sustainable profitability, not short-term growth.
  • Customer loyalty : Even in traditional baking and finance, switching is surging as customers seek providers who better meet their needs. To achieve the sustainable growth investors are looking for, fintech startups need to know their ideal customer profile (ICP), tailor their products/services and fintech marketing campaigns to them, and retain them throughout the customer lifecycle.

  

  The good news for fintech marketers is that the market correction is leveling out in 2024. In The 2024 State of Fintech Report, F-Prime says that “heading into 2024, we see the fintech market amid a rebound,” while McKinsey expects fintech revenue to grow “almost three times faster than those in the traditional banking sector between 2023 and 2028.”

  Winning back investor confidence won’t be easy, though. F-Prime acknowledges that investors are prioritising high-performance fintech ventures, particularly those with high gross margins. Fintech marketers need to abandon the growth-at-all-costs mindset and switch to a data-driven optimisation, growth and revenue system.

  7 fintech marketing strategies

  Given the current state of the fintech industry and relatively low levels of investor confidence, fintech marketers’ priority is building a new culture of sustainable profit. This starts with rethinking priorities and switching up the marketing goals to reflect longer-term ambitions.

  So, here are the fintech marketing strategies that matter most in 2024.

  1. Optimise for profitability over growth at all costs

  To progress from the growth-at-all-cost mindset, fintech marketers need to optimise for different KPIs. Instead of flexing metrics like customer growth rate, fintech companies need to take a more balanced approach to measuring sustainable profitability.

  This means holding on to existing customers – and maximising their value – while they acquire new customers. It also means that, instead of trying to make everyone a target customer, you concentrate on targeting the most valuable prospects, even if it results in a smaller overall user base.

  Optimising for profitability starts with putting vanity metrics in their place and pinpointing the KPIs that represent valuable business growth :

  • Gross profit margin
  • Revenue growth rate
  • Cash flow
  • Monthly active user growth (qualify “active” as completing a transaction)
  • Customer acquisition cost
  • Customer retention rate
  • Customer lifetime value
  • Avg. revenue per user
  • Avg. transactions per month
  • Avg. transaction value

  With a more focused acquisition strategy, you can feed these insights into every company level. For example, you can prioritise customer engagement, revenue, retention, and customer service in product development and customer experience (CX).

  To ensure all marketing efforts are pulling towards these KPIs, you need an attribution system that accurately measures the contribution of each channel.

  Marketing attribution (aka multi-touch attribution) should be used to measure every touchpoint in the customer journey and accurately credit them for driving revenue. This helps you allocate the correct budget to the channels and campaigns, adding real value to the business (e.g., social media marketing vs content marketing).

  Example : Mastercard helps a digital bank acquire 10 million high-value customers

  For example, Mastercard helped a digital bank in Latin America achieve sustainable growth beyond customer acquisition. The fintech company wanted to increase revenue through targeted acquisition and profitable engagement metrics.

  Strategies included :

  • A more targeted acquisition strategy for high-value customers
  • Increasing avg. spend per customer
  • Reducing acquisition cost
  • Customer retention

  As a result, Mastercard’s advisors helped this fintech company acquire 10 million new customers in two years. More importantly, they increased customer spending by 28% while reducing acquisition costs by 13%, creating a more sustainable and profitable growth model.

  2. Use web and app analytics to remotivate users before they disengage

  Engagement is the key to customer retention and lifetime value. To prevent valuable customers from disengaging, you need to intervene when they show early signs of losing interest, but they’re still receptive to your incentivisation tactics (promotions, rewards, milestones, etc.).

  By integrating web and app analytics, you can identify churn patterns and pinpoint the sequences of actions that lead to disengaging. For example, you might determine that customers who only log in once a month, engage with one dashboard, or drop below a certain transaction rate are at high risk for churn.

  Using a tool like Matomo for web and app analytics, you can detect these early signs of disengagement. Once you identify your churn risks, you can create triggers to automatically fire re-engagement campaigns. You can also use CRM and session data to personalize campaigns to directly address the cause of disengagement, e.g., valuable content or incentives to increase transaction rates.

  Example : Dynamic Yield fintech re-engagement case study

  In this Dynamic Yield case study, one leading fintech company uses customer spending patterns to identify those most likely to disengage. The company set up automated campaigns with personalised in-app messaging, offering time-bound incentives to increase transaction rates.

  

  With fully automated re-engagement campaigns, this fintech company increased customer retention through valuable engagement and revenue-driving actions.

  3. Identify the path your most valuable customers take

  Why optimise web experiences for everyone when you can tailor the online journey for your most valuable customers ? Use customer segmentation to identify the shared interests and habits of your most valuable customers. You can learn a lot about customers based on where the pages they visit and the content they engage with before taking action.

  Use these insights to optimise funnels that motivate prospects displaying the same customer behaviours as your most valuable customers.

  Get 20-40% more data with Matomo

  One of the biggest issues with Google Analytics and many similar tools is that they produce inaccurate data due to data sampling. Once you collect a certain amount of data, Google reports estimates instead of giving you complete, accurate insights.

  This means you could be basing important business decisions on inaccurate data. Furthermore, when investors are nervous about the uncertainty surrounding fintech, the last thing they want is inaccurate data.

  Matomo is the reliable, accurate alternative to Google Analytics that uses no data sampling whatsoever. You get 100% access to your web analytics data, so you can base every decision on reliable insights. With Matomo, you can access between 20% and 40% more data compared to Google Analytics.

  

  With Matomo, you can confidently unlock the full picture of your marketing efforts and give potential investors insights they can trust.

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  4. Reduce onboarding dropouts with marketing automation

  Onboarding dropouts kill your chance of getting any return on your customer acquisition cost. You also miss out on developing a long-term relationship with users who fail to complete the onboarding process – a hit on immediate ROI and, potentially, long-term profits.

  The onboarding process also defines the first impression for customers and sets a precedent for their ongoing experience.

  An engaging onboarding experience converts more potential customers into active users and sets them up for repeat engagement and valuable actions.

  Example : Maxio reduces onboarding time by 30% with GUIDEcx

  Onboarding optimisation specialists, GUIDEcx helped Maxio cut six weeks off their onboarding times – a 30% reduction.

  

  With a shorter onboarding schedule, more customers are committing to close the deal during kick-off calls. Meanwhile, by increasing automated tasks by 20%, the company has unlocked a 40% increase in capacity, allowing it to handle more customers at any given time and multiplying its capacity to generate revenue.

  5. Increase the value in TTFV with personalisation

  Time to first value (TTFV) is a key metric for onboarding optimisation, but some actions are more valuable than others. By personalising the experience for new users, you can increase the value of their first action, increasing motivation to continue using your fintech product/service.

  The onboarding process is an opportunity to learn more about new customers and deliver the most rewarding user experience for their particular needs.

  Example : Betterment helps users put their money to work right away

  Betterment has implemented a quick, personalised onboarding system instead of the typical email signup process. The app wants to help new customers put their money to work right away, optimising for the first transaction during onboarding itself.

  

  It personalises the experience by prompting new users to choose their goals, set up the right account for them, and select the best portfolio to achieve their goals. They can complete their first investment within a matter of minutes and professional financial advice is only ever a click away.

  Optimise account signups with Matomo

  If you want to create and optimise a signup process like Betterment, you need an analytics system with a complete conversion rate optimisation (CRO) toolkit. 

  

  Matomo includes all the CRO features you need to optimise user experience and increase signups. With heatmaps, session recordings, form analytics, and A/B testing, you can make data-driven decisions with confidence.

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  6. Use gamification to drive product engagement

  Gamification can create a more engaging experience and increase motivation for customers to continue using a product. The key is to reward valuable actions, engagement time, goal completions, and the small objectives that build up to bigger achievements.

  Gamification is most effective when used to help individuals achieve goals they’ve set for themselves, rather than the goals of others (e.g., an employer). This helps explain why it’s so valuable to fintech experience and how to implement effective gamification into products and services.

  Example : Credit Karma gamifies personal finance

  Credit Karma helps users improve their credit and build their net worth, subtly gamifying the entire experience.

  

  Users can set their financial goals and link all of their accounts to keep track of their assets in one place. The app helps users “see your wealth grow” with assets, debts, and investments all contributing to their next wealth as one easy-to-track figure.

  

  7. Personalise loyalty programs for retention and CLV

  Loyalty programs tap into similar psychology as gamification to motivate and reward engagement. Typically, the key difference is that – rather than earning rewards for themselves – you directly reward customers for their long-term loyalty.

  That being said, you can implement elements of gamification and personalisation into loyalty programs, too. 

  Example : Bank of America’s Preferred Rewards

  Bank of America’s Preferred Rewards program implements a tiered rewards system that rewards customers for their combined spending, saving, and borrowing activity.

  

  The program incentivises all customer activity with the bank and amplifies the rewards for its most active customers. Customers can also set personal finance goals (e.g., saving for retirement) to see which rewards benefit them the most.

  Conclusion

  Fintech marketing needs to catch up with the new priorities of investors in 2024. The pre-pandemic buzz is over, and investors remain cautious as regulatory scrutiny intensifies, security breaches mount up, and the market limps back into recovery.

  To win investor and consumer trust, fintech companies need to drop the growth-at-all-costs mindset and switch to a marketing philosophy of long-term profitability. This is what investors want in an unstable market, and it’s certainly what customers want from a company that handles their money.

  Unlock the full picture of your marketing efforts with Matomo’s robust features and accurate reporting. Trusted by over 1 million websites, Matomo is chosen for its compliance, accuracy, and powerful features that drive actionable insights and improve decision-making.

   Start your free 21-day trial now. No credit card required.

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