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  • What Is Data Ethics & Why Is It Important in Business ?

    9 mai 2024, par Erin

    Data is powerful — every business on earth uses data. But some are leveraging it more than others.

    The problem ?

    Not all businesses are using data ethically.

    You need to collect, store, and analyse data to grow your business. But, if you aren’t careful, you could be crossing the line with your data usage into unethical territories.

    In a society where data is more valuable than ever, it’s crucial you perform ethical practices.

    In this article, we break down what data ethics is, why it’s important in business and how you can implement proper data ethics to ensure you stay compliant while growing your business.

    What is data ethics ?

    Data ethics are how a business collects, protects and uses data.

    It’s one field of ethics focused on organisations’ moral obligation to collect, track, analyse and interpret data correctly.

    Data ethics analyses multiple ways we use data :

    • Collecting data
    • Generating data
    • Tracking data
    • Analysing data
    • Interpreting data
    • Implementing activities based on data

    Data ethics is a field that asks, “Is this right or wrong ?”

    And it also asks, “Can we use data for good ?”

    If businesses use data unethically, they could get into serious hot water with their customers and even with the law.

    You need to use data to ensure you grow your business to the best of your ability. But, to maintain a clean slate in the eyes of your customers and authorities, you need to ensure you have strong data ethics.

    Why you need to follow data ethics principles

    In 2018, hackers broke into British Airways’ website by inserting harmful code, leading website visitors to a fraudulent site. 

    The result ? 

    British Airways customers gave their information to the hackers without realising it : credit cards, personal information, login information, addresses and more.

    While this was a malicious attack, the reality is that data is an integral part of everyday life. Businesses need to do everything they can to protect their customers’ data and use it ethically.

    Data ethics is crucial to understand as it sets the standard for what’s right and wrong for businesses. Without a clear grasp of data ethics, companies will willingly or neglectfully misuse data.

    With a firm foundation of data ethics, businesses worldwide can make a collective effort to function smoothly, protect their customers, and, of course, protect their own reputation. 

    3 benefits of leaning into data ethics

    We’re currently transitioning to a new world led by artificial intelligence.

    While AI presents endless opportunities for innovation in the business world, there are also countless risks at play, and it’s never been more important to develop trust with your customers and stakeholders.

    With an influx of data being created and tracked daily, you need to ensure your business is prioritising data ethics to ensure you maintain trust with your customers moving forward.

    Diagram displaying the 3 benefits of data ethics - compliance, increased trust, maintain a good reputation.

    Here are three benefits of data ethics that will help you develop trust, maintain a solid reputation and stay compliant to continue growing your business :

    1. Compliance with data privacy

    Privacy is everything. 

    In a world where our data is being collected nonstop, and we live more public lives than ever with social media, AI and an influx of recording and tracking in everyday life, you need to protect the privacy of your customers.

    One crucial way to protect that privacy is by complying with major data privacy regulations.

    Some of the most common regulations you need to remain compliant with include :

    • General Data Protection Regulation (GDPR)
    • California Consumer Privacy Act (CCPA)
    • Health Insurance Portability and Accountability Act (HIPAA)
    • General Personal Data Protection Law (LGPD)
    • Privacy and Electronic Communications (EC Directive) Regulations (PECR)

    While these regulations don’t directly address ethics, there’s a core overlap between privacy requirements like accountability, lawfulness and AI ethics.

    Matomo ensures you protect the privacy of your web and app users so you can track and improve your website performance with peace of mind.

    2. Maintain a good reputation

    While data ethics can help you maintain data privacy compliance, it can also help you maintain a good reputation online and offline.

    All it takes is one bad event like the British Airways breach for your company’s reputation to be ruined.

    If you want to keep a solid reputation and maintain trust with your stakeholders, customers and lawmakers, then you need to focus on developing strong data ethics.

    Businesses that invest time in establishing proper data ethics set the right foundation to protect their reputation, develop trust with stakeholders and create goodwill and loyalty.

    3. Increased trust means greater revenue

    What happens when you establish proper data ethics ?

    You’ll gain the trust of your customers, maintain a solid reputation and increase your brand image.

    Customers who trust you to protect their privacy and data want to keep doing business with you.

    So, what’s the end result for a business that values data ethics ?

    You’ll generate more revenue in the long run. Trust is one thing you should never put on the back burner if you have plans to keep growing your business. By leaning more into data ethics, you’ll be able to build that brand reputation that helps people feel comfortable buying your products and services on repeat.

    While spending time and money on data ethics may seem like an annoyance, the reality is that it’s a business investment that will pay dividends for years to come.

    5 core data ethics principles

    So, what exactly is involved in data ethics ?

    For most people, data ethics is a pretty broad and vague term. If you’re curious about the core pillars of data ethics, then keep reading.

    Here are five core data ethical principles you need to follow to ensure you’re protecting your customers’ data and maintaining trust :

    Image displaying the 5 core data ethics principles - ownership, transparency, privacy, intention, outcomes.

    1. Data ownership

    The individual owns the data, not you. This is the first principle of data ethics. You don’t have control over someone else’s data. It’s theirs, and they have full ownership over it.

    Just as stealing a TV from an electronics store is a crime, stealing (or collecting) someone’s personal data without their consent is considered unlawful and unethical.

    Consent is the only way to ethically “own” someone’s data.

    How can you collect someone’s data ethically ?

    • Digital privacy policies
    • Signed, written agreements
    • Popups with checkboxes that allow you to track users’ behaviour

    Essentially, anytime you’re collecting data from your website or app users, you need to ensure you’re asking permission for that data.

    You should never assume a website visitor or customer is okay with you collecting your data automatically. Instead, ask permission to collect, track and use their data to avoid legal and ethical issues.

    2. Transparency

    The second core principle of data ethics within business is transparency. This means you need to be fully transparent on when, where and how you :

    • Collect data
    • Store data
    • Use data

    In other words, you need to allow your customers and website visitors to have a window inside your data activities.

    They need to be able to see exactly how you plan on using the data you’re collecting from them.

    For example, imagine you implemented a new initiative to personalise the website experience for each user based on individual behaviour. To do this, you’ll need to track cookies. In this case, you’d need to write up a new policy stating how this behavioural data is going to be collected, tracked and used.

    It’s within your website visitors’ rights to access this information so they can choose whether or not they want to accept or decline your website’s cookies.

    With any new data collection or tracking, you need to be 100% clear about how you’re going to use the data. You can’t be deceptive, misleading, or withholding any information on how you will use the data, as this is unethical and, in many cases, unlawful.

    3. Privacy

    Another important branch of ethics is privacy. The ethical implications of this should be obvious.

    When your users, visitors, or customers enter your sphere of influence and you begin collecting data on them, you are responsible for keeping that data private.

    When someone accepts the terms of your data usage, they’re not agreeing to have their data released to the public. They’re agreeing to let you leverage that data as their trusted business provider to better serve them. They expect you to maintain privacy.

    You can’t spread private information to third parties. You can’t blast this data to the public. 

    This is especially important if someone allows you to collect and use their personally identifiable information (PII), such as :

    • First and last name
    • Email address
    • Date of birth
    • Home address
    • Phone number

    To protect your audience’s data, you should only store it in a secure database. 

    Screenshot example of the Matomo dashboard

    For example, Matomo’s web analytics solution guarantees the privacy of both your users and analytics data.

    With Matomo, you have complete ownership of your data. Unlike other web analytics solutions that exploit your data for advertising purposes, Matomo users can use analytics with confidence, knowing that their data won’t be sold to advertisers.

    Learn more about data privacy with Matomo here.

    Try Matomo for Free

    Get the web insights you need, while respecting user privacy.

    No credit card required

    4. Intention

    When you collect and store data, you need to tell your users why you’re collecting their data. But there’s another principle of data ethics that goes beyond the reason you give your customers.

    Intention is the reason you give yourself for collecting and using the data.

    Before you start collecting and storing data, you should ask yourself the following :

    • Why you need it
    • What you’ll gain from it
    • What changes you’ll be able to make after you analyse the data

    If your intention is wrong in any way, it’s unethical to collect the data :

    • You’re collecting data to hurt others
    • You’re collecting data to profit from your users’ weaknesses
    • You’re collecting data for any other malicious reason

    When you collect data, you need to have the right intentions to maintain proper data ethics ; otherwise, you could harm your brand, break trust and ruin your reputation.

    5. Outcomes

    You may have the best intentions, but sometimes, there are negative outcomes from data use.

    For example, British Airways’ intention was not to allow hackers to gain access and harm their users. But the reality is that their customers’ data was stolen and used for malicious purposes. While this isn’t technically unlawful, the outcome of collecting data ended badly.

    To ensure proper data ethics, you must have good standing with your data. This means protecting your users at all costs, maintaining a good reputation and ensuring proper privacy measures are set up.

    How to implement data ethics as a business leader

    As a business leader, CTO or CEO, it’s your responsibility to implement data ethics within your organisation. Here are some tips to implement data ethics based on the size and stage of your organisation :

    Startups

    If you’re a startup, you need to be mindful of which technology and tools you use to collect, store and use data to help you grow your business.

    It can be a real challenge to juggle all the moving parts of a startup since things can change so quickly. However, it’s crucial to establish a leader and allow easy access to ethical analysis resources to maintain proper data ethics early on.

    Small and medium-sized businesses

    As you begin scaling, you’ll likely be using even more technology. With each new business technique you implement, there will be new ways you’ll be collecting user data. 

    One of the key processes involved in managing data as you grow is to hire engineers who build out different technologies. You must have protocols, best practices and management overseeing the new technologies being built to ensure proper data ethics.

    Global businesses

    Have you scaled internationally ?

    There will be even more rules, laws, regulations and organisations to answer to if you start managing data unethically.

    You should have established teams or departments to ensure you follow proper privacy and data protocols worldwide. When you have a large organisation, you have more money and vast amounts of data. This makes you a bigger target for leaks, ransomware and hackers.

    You should ensure you have cross-departmental groups working to establish ongoing protocols and training to keep your data management in good standing.

    Leverage data ethically with Matomo

    Data is powerful.

    It’s a crucial point of leverage that’s required to stay competitive.

    However, improper use and management of data can give you a bad reputation, break trust and even cause you legal trouble.

    That’s why you must maintain good data ethics within your organisation.

    One of the most important places to set up proper data ethics and privacy measures is with your website analytics.

    Matomo is the leading, privacy-friendly web analytics solution in the world. It automatically collects, stores, and tracks data across your website ethically.

    With over 1 million websites using Matomo, you get to take full control over your website performance with :

    • Accurate data (no data sampling)
    • Privacy-friendly and GDPR-compliant analytics
    • Open-source for transparency and to create a custom solution for you

    Try Matomo free for 21-days. No credit card required.

  • Consent management platforms : Keys to compliance and user trust

    14 juin, par Joe

    Today’s marketing managers and data analysts face a tricky balancing act : gaining meaningful customer insights while respecting user privacy. Finding ways to navigate the maze of complex privacy regulations while managing consent at scale can be daunting. 

    Consent management platforms (CMPs) offer a solution. They allow companies to collect data ethically, manage user consent efficiently, and comply with privacy regulations like Europe’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).

    This guide explains everything you need to know about CMPs : how they function, why they’re essential for data governance, and how they work hand-in-hand with analytics platforms to promote transparency and build trust with users.

    What is a consent management platform (CMP) and what is it for ?

    A consent management platform (CMP) helps organisations collect, organise, and store user consent for personal data processing purposes. In short, it’s a tool that ensures data collection respects user privacy and complies with regulations like the GDPR and CCPA.

    Without a CMP, businesses could face hefty fines and penalties for violating data privacy laws in different parts of the world. This shows how vital these tools are to all modern businesses.

    How do consent management platforms work ?

    CMPs give users a clear and straightforward way to provide explicit consent for data collection. These platforms manage both the technical aspects of consent storage and the user experience on your site or app.

    Here’s a simplified breakdown :

    • Cookie consent banners : The CMP displays a banner whenever a user visits your website. This banner explains the types of personal information collected and for what purpose.
    • User choice : The user can accept or reject cookies and trackers. They can often customise their preferences to choose which specific data types they’re willing to share.
    • Preference storage : The CMP stores the user’s choices. This information helps ensure that you only collect and process the permitted data.
    • Integration with other systems : CMPs integrate with other systems, such as analytics platforms and advertising networks, to ensure that data collection and processing comply with the user’s choices throughout the customer experience.
    Schematics of the UX of a website user under consent management.

    A key feature of CMPs is their role in shaping privacy policy design. This design encompasses the layout, visual elements, and cues employed to seek user consent.

    A recent study by Karlstad University in Sweden showed that privacy policy design significantly influences user comprehension and willingness to disclose information. In other words, it affects consent rates considerably and is key to enhancing data collection.

    Importance of consent management for compliance

    As the world becomes increasingly interconnected, consent management is taking centre stage. Although it applies to all technologies and systems that gather or handle personal data, few instances are as relevant as smart homes.

    Smart home devices have unique access to our personal spaces and private lives. They represent a unique challenge to consent management since one person is potentially granting access to personal data from themselves and other people who may be inside or around the house.

    A 2023 study by the University College London and the University of Oxford pointed out that clear design principles and granular, contextual permission structures are essential in these situations.

    However, consent management isn’t just best practice. It’s a widespread legal requirement. Not meeting these requirements can result in hefty penalties and reputational damage to your organisation.

    Consent management under GDPR

    The European Union’s GDPR is a data protection law applicable to organisations that process the personal data of individuals residing in the European Economic Area (EEA). It’s based on the principle of opting in.

    The GDPR is one of the strongest data privacy laws globally. For non-compliance, fines can be up to €20 million or 4% of the company’s total global turnover (whichever is higher).

    It’s also one of the most heavily enforced privacy laws. According to enforcementtracker.com, Meta was fined €1.2 billion in 2023, with GDPR fines reaching over €2 billion that year alone. In the UK, the largest GDPR fine is €22.05 million, according to Statista. It pays to comply.

    The GDPR has specific rules around consent, including that it must be :

    • Freely given : Users must not be pressured or coerced.
    • Specific : Must be given for specific data processing purposes.
    • Informed : Users must be provided with clear and concise information.
    • Unambiguous : Permission must be granted through clear and affirmative action, such as checking a box or tapping a button.

    CMPs help you meet these requirements by providing a transparent and user-friendly way to obtain and manage consent.

    Consent management under CCPA

    The CCPA is another privacy protection law for businesses collecting personal information from California residents. It grants Californians the right to know what data is being collected about them, to prevent it from being sold, and to request its deletion.

    CMPs support CCPA compliance by enabling users to exercise their rights and ensuring transparent data collection practices.

    Managing consent under other regulatory frameworks

    In addition to the GDPR and CCPA, numerous other privacy regulations can impact your organisation. These regulations include :

    • The COPPA in the US
    • Brazil’s LGPD
    • Japan’s APPI
    • Canada’s PIPEDA.
    • Australia’s Privacy Act 1988 

    A CMP will help streamline the process by providing a clear, practical framework to ensure you meet all applicable requirements.

    Key features to look for in a CMP

    Choosing the right CMP is crucial for global business.

    Here are some key features to consider :

    Custom banners

    Consent banners are often among users’ first digital interactions with your brand. It should be clear, concise and visually appealing. Look for a CMP that allows you to :

    • Customise the banner’s design to match your website’s branding and aesthetics.
    • Control the banner’s positioning for optimal visibility.

    End-user management tools

    The CMP should also offer a user-friendly interface allowing visitors to grant, manage and withdraw consent.

    This includes customisable banners, granular permissions, and a preference centre. The latter is a dedicated space where users can manage their preferences anytime.

    Integration capabilities with existing systems

    The CMP should integrate with your existing technology stack, including your analytics platform, marketing automation tools and CRM. This integration ensures a smooth workflow and prevents data silos.

    How to select the right CMP for your organisation

    To find the perfect CMP, focus on your specific needs and priorities. Here’s a step-by-step guide to help you make an informed decision :

    Assessing organisational needs and goals

    Start by clearly defining your organisation’s requirements. Consider the following :

    • Types of data collected : What personal data do you collect (for example, cookies, IP addresses, location data) ?
    • Compliance requirements : Which privacy regulations must you comply with (GDPR, CCPA, COPPA) ?
    • Website or app complexity : How complex is your website or app in terms of user interactions and data collection points ?
    • Budget : How much are you willing to invest in a CMP ?

    Comparing features and pricing

    Once you thoroughly understand your needs, you can compare the features and pricing of various CMPs. Look for key features like :

    • Customisable banners
    • Granular options
    • Preference centre
    • Integration with existing systems
    • Analytics and reporting

    Once you’ve shortlisted a few options, compare the pricing and choose the best value for your budget. Take advantage of free trials before committing to a paid plan.

    Checking verified user reviews

    Read user reviews on platforms like G2 or Trustpilot to get an idea of the strengths and weaknesses of different CMPs. Look for reviews from similar organisations regarding size, industry and compliance requirements.

    Integration with a privacy-focused analytics platform

    A consent management platform acts as the bridge between your users and your analytics and marketing teams. It ensures user preferences are communicated to your analytics setup, so data collection and analysis align with their choices and comply with privacy regulations. 

    Finding a consent manager integration that works with your analytics setup is essential for businesses.

    Top five consent management platforms

    The CMP market is pretty competitive, with many players providing excellent solutions. According to Emergen Research, it was valued at $320.9 million in 2021 and is growing at 21.2%.

    Here are five of our top choices 

    1. usercentrics

    usercentrics is a comprehensive CMP with customisable banners, granular consent options and a preference centre.

    usercentrics geolocation rulesets page

    usercentrics geolocation rulesets page (Source : Usercentrics)

    This Google-certified CMP allows you to create global and regional consent rules to ensure compliance with local regulations like GDPR, CCPA and LGPD. For a smooth implementation, usercentrics provides access to a knowledgeable support team and a dedicated customer success executive.

    It’s worth noting that Usercentrics is the CMP we use here at Matomo. It helps us in our mission to collect and analyse data ethically and with a privacy-first mindset.

    • Key features : Customisable banners, granular permissions, cross-domain and cross-device capabilities, automatic website scans, reporting and analytics.
    • Pricing : Usercentrics offers a free plan and four paid subscription plans from €7 to €50 per month.

    2. Osano

    Osano is a user-friendly CMP focusing on transparency and ease of use.

    Osano main dashboard

    Osano’s main dashboard (Source : Osano)

    Osano can scan websites for tracking technologies without impacting the user experience.

    • Key features : Customisable banners, multi-language support, granular consent options, a preference centre and access to a knowledgeable team of compliance specialists.
    • Pricing : Osano offers a self-service free plan and a paid plan at $199 per month.

    3. Cookiebot

    Cookiebot is another popular CMP with numerous integration options, including Matomo and other analytics tools. 

    Cookiebot consent banner options

    Cookiebot consent banner options (Source : Cookiebot)

    • Key features : A cookie scanner, a privacy trigger or button allowing users to change their consent settings, a consent management API and advanced analytics.
    • Pricing : Cookiebot offers a free plan and paid plans ranging from €7 to €50 per month.

    4. CookieYes

    CookieYes is well-suited for small businesses and websites with basic privacy needs. 

    CookieYes cookie banner options

    CookieYes cookie banner options (Source : CookieYes)

    It offers various features, including multilingual support, geo-targeting, privacy policy generation, and a preference centre. CookieYes also integrates with analytics and CMS tools, making it easy to implement as part of your stack.

    • Key features : Customisable consent banners, granular consent options, preference centre, integration with Matomo, reporting and analytics.
    • Pricing : You can use CookieYes for free or subscribe to one of their three paid plans, which range from $10 to $55 per month.

    5. Tarte au Citron

    Tarte au Citron is an open-source, lightweight, and customisable CMP developed in France.

    tarte au citron cmp

    (Source : Tarte au Citron)

    Its focus is on transparency and user experience. It provides many features free of charge, but many do require some technical knowledge to deploy. There’s also a paid subscription with ongoing support and faster implementation.

    Tarte au Citron integrates with Matomo, which is also open-source. If you’re building an open-source stack for your analytics, Matomo and Tarte au Citron make an excellent pair.

    • Key features : Open-source, customisable consent banners, integration with Matomo, works with over 220 services.
    • Pricing : You can deploy the open-source core for free, but Tarte au Citron offers three paid licenses starting at €190 for one year and reaching €690 for a lifetime license.

    How to implement cookie consent the right way

    Implementing cookie consent requires precision, time and effort. But doing it wrong can result in significant legal penalties and severe reputational damage, eroding user trust and impacting your brand’s standing. Here are the key dos and don’ts of consent :

    A simple graphic showing seven best practices for cookie consent implementation.

    Provide clear and concise information

    Use plain language that is easy for anyone to understand. Avoid using technical terms or legal jargon that may confuse users.

    Prioritise transparency

    Be upfront about your data collection practices. Clearly state what data you collect, how you use it and who you share it with. Provide links to your privacy and cookie policies for users who want to learn more.

    Offer granular control

    Give users detailed control over as many of their cookie preferences as possible. Allow them to choose which categories of tracking cookies they consent to, such as strictly necessary, performance and marketing cookies.

    Implement user-friendly banners

    Ensure banners are prominently displayed, easy to understand, and use clear and concise language. Also, make sure they’re accessible to all users, including those with disabilities.

    Respect “do not track” settings

    It’s essential to honour users’ choices when they enable their “do not track” browser setting.

    Document consent

    Maintain a record of user consent. This will help you demonstrate compliance with data privacy regulations and provide evidence of user consent in case of an audit or investigation.

    Regularly review and update consent policies

    Review and update your customer consent policies regularly to ensure they comply with evolving data privacy regulations and reflect your current data collection practices.

    Cookie consent pitfalls to avoid

    Here are some common pitfalls to avoid that may lead to legal penalties, loss of user trust or inaccurate analytics :

    • Avoid lengthy and complicated explanations. Overwhelming users with dense legal jargon or overly technical details can lead to consent fatigue and reduce the likelihood of informed consent.
    • Don’t force users to accept all cookies or none. Blanket consent options violate user autonomy and fail to comply with regulations like the GDPR.
    • Don’t make information about your data collection practices hard to find. Hidden or buried privacy policies breed suspicion and erode trust.
    • Avoid pre-checking all cookie consents. Pre-checked boxes imply consent without explicit user action, which is not compliant with GDPR and similar regulations. Users must actively opt in, not out.

    Emerging consent management trends 

    Consent management is constantly evolving and driven by new technologies, regulations, and user expectations. Here are some emerging trends to watch out for in the short term :

    • Increased automation : AI and machine learning are helping automate consent management processes, making them more efficient and effective.
    • Enhanced user experience : CMPs are becoming more user-friendly, focusing on providing an intuitive experience.
    • Privacy-preserving analytics : CMPs are being integrated with privacy-preserving analytics platforms, such as Matomo, to enable organisations to gain insights into user behaviour without compromising privacy.
    • Google Consent Mode : In 2024, Google rolled out Consent Mode v2 to align with the Digital Markets Act. Due to upcoming privacy regulations, more versions may be coming soon.

    The Privacy Governance Report 2024 also highlights the increasing complexity of managing data privacy, with more than four in five privacy professionals taking on additional responsibilities in their existing roles. This trend will likely continue in the coming years as more privacy laws are enacted.

    Addressing upcoming privacy regulations

    Data privacy and user consent requirements continue to emerge and evolve. Businesses must stay informed and adapt their practices accordingly.

    US Map showing upcoming privacy regulations

    In 2025, several new privacy regulations are going into effect, including :

    • New state-level privacy laws in eight US states :
      • Delaware (1 January 2025)
      • Iowa (1 January 2025)
      • Nebraska (1 January 2025)
      • New Hampshire (1 January 2025)
      • New Jersey (15 January 2025)
      • Tennessee (1 July 2025)
      • Minnesota (31 July 2025)
      • Maryland (1 October 2025)
    • The EU’s Artificial Intelligence Act (which will be implemented from 1 August 2024 through 2 August 2026) and other AI-focused regulations.
    • The UK Adequacy Decision Review has a deadline of 27 December 2025.

    Organisations that collect, process or otherwise handle data from Europe and the above-named US states should proactively prepare for these changes by :

    • Conducting regular privacy impact assessments
    • Reviewing consent mechanisms regularly
    • Implementing data minimisation strategies
    • Providing user-friendly privacy controls

    Future-proofing your consent management strategy

    CMPs are essential for managing consent preferences, protecting user privacy, and earning customers’ trust through transparency and ethical data practices.

    When choosing a CMP, you should consider key features such as integration capabilities, customisation options and user-friendly interfaces.

    Integrating a CMP with a privacy-first analytics solution like Matomo allows you to collect and analyse data in a way that’s compliant and respectful of user preferences. This combination helps maintain data integrity while demonstrating a strong commitment to privacy. 

    Start your 21-day free trial today.

  • How to use web analytics to acquire new customers

    2 septembre 2020, par Joselyn Khor — Analytics Tips, Marketing

    Are you investing time and money into marketing your business and unsure if it’s paying off ? Web analytics provides the tools and insights to help you know which marketing channels to target and focus on. Without it you might be going in blind and missing opportunities that might’ve been easily found in your metrics.

    Attracting the right visitors to your website

    To help acquire new customer on your website, you firstly need to attract the right visitors to your website. Then capturing their attention and engaging them in your content. Finally you’ll want to convert by driving them through a streamlined funnel/buyer’s journey on your website all backed up by data.

    So, how do you attract audiences to your site with a web analytics tool like Matomo ?

    1. Figure out who your audience is through the Visitor Profiles feature. 
    2. Calculate the Cost of Customer Acquisition (CAC) to plan for growth. To grow and make your business/website sustainable, you’ll need to earn more money from a customer than you spend on acquiring them. How to calculate : Divide marketing spend by the number of customers acquired. 
    3. Figure out which marketing channels e.g., social media, PPC, SEO, content marketing, etc., you should invest more in and which of those you should focus less on.

    How Matomo helps businesses acquire new customers 

    1. Use the Acquisitions feature
    2. Use funnels
    3. Study Visitor Profiles
    4. Focus on SEO efforts
    5. Look at the Multi Attribution feature
    6. Set goals
    7. Set Advanced eCommerce reporting

    1. Use the Acquisitions feature

    Matomo Analytics has a dedicated Acquisition feature to help with some of the heavy-lifting, making it easy for you to formulate targeted acquisition plans.

    Acquisitions feature

    This feature helps you learn who your potential customers are and figure out what marketing channels are converting the best for these visitors.

    • Learn what traffic you get from external websites : Knowing who’s helping you succeed from external websites is a crucial step to be able to focus your attention. Paid sponsorships, guest blog posts or even spending more on advertising on the particular website could result in greater traffic.
    • Social Networks : See which social media channels are connecting with the audiences you want. Take the guesswork out by using only the ones you need. By finding out which social channels your ideal audience prefers, you can generate shareable, convincing and engaging content to drive shares and traffic through to your site.
    • Campaigns : Your marketing team may have spent precious time and resource coming up with campaigns that are designed to succeed, but how can you be so sure ? With Campaigns you can understand what marketing campaigns are working, what aren’t, and shift your marketing efforts accordingly to gain more visitors, more effectively, with less costs. Keep track of every ad and content piece you display across internal and external channels to see which is having the biggest impact on your business objectives. Learn more

    Watch this video to learn about the Acquisitions feature

    2. Use funnels

    Creating conversion funnels gives you the big picture on whether your acquisition plans are paying off and where they may be falling short.

    Funnels feature

    If the ultimate goal of your site is to drive conversions, then each funnel can tell you how effectively you’re driving traffic through to your desired outcome.

    By integrating this with Visitor Profiles, you can view historic visitor profiles of any individual user at any stage of the conversion funnel. You see the full user journey at an individual level, including where they entered the funnel from and where they exited. Learn more

    How to amplify acquisition strategies with Funnels : Use conversion funnels to guide acquisition as you can tell which entry point is bringing the most success and which one needs more attention. Tailor your strategies to zone in on areas that have the most potential. You can identify where your visitors are encountering obstacles from the start, that are stopping them from progressing through their journey on your site.

    3. Study Visitor Profiles

    Visitor Profiles helps you understand visitors on a user-by-user basis, detailing each visitors’ history into a profile which summarises every visit, action and purchase made.

    Visitor Profiles feature

    Better understand :

    • Why your visitors viewed your website.

    • Why your returning visitors continue to view your website.

    • What specifically your visitors are looking for and whether they found it on your website.

    The benefit is being able to see how a combination of acquisition channels play a part in a single buyer’s journey.

    How Visitor Profiles helps with acquisition : By understanding the full behavioural patterns of any individual user coming through from external channels, you’ll see the path that led them to take action, where they may have gotten lost, and how engaged they are with your business over time. This gives you an indication of what kinds of visitors you’re attracting and helps you craft a buyer persona that more accurately reflects the audience most interested in you.

    4. Focus on SEO efforts

    Every acquisition plan needs a focus on maximising your Search Engine Optimization (SEO) efforts. When it comes to getting conclusive search engine referrer metrics, you need to be sure you’re getting ALL the insights to drive your SEO strategy.

    Integrate Google, Bing and Yahoo search consoles directly into your Matomo Analytics. This helps kickstart your acquisition goals as you rank highly for keywords that get the most traffic to your website.

    As another major SEO benefit, you can see how the most important search keywords to your business increased and decreased in ranking over time. 

    How to amplify acquisitions strategies with search engines and keywords : By staying on top of your competitors across ALL search engines, you may uncover traffic converting highly from one search engine, or find you could be losing traffic and business opportunities to your competitors across others.

    5. Look at the Multi Attribution feature

    Multi Attribution lets you measure the success of every touchpoint in the customer journey.

    Multi Attribution feature

    Accurately measure (and assign value to) channels where visitors first engaged with your business, where they came from after that, as well as the final channel they came from before purchasing your product or service.

    No longer falsely over-estimate any marketing channel and make smarter decisions when determining acquisition spend to accurately calculate the Customer Acquisition Cost (CAC). Learn more

    6. Set your Goals

    What are the acquisition goals you want to achieve the most ? The Goals feature lets you measure the most important metrics you need to grow your business.

    Goals feature

    Goals are crucial for building your marketing strategy and acquiring new customers. The more goals you track, the more you can learn about behavioural changes as you implement and modify paths that impact acquisition and conversions over time. You’ll understand which channels are converting the best for your business, which cities/countries are most popular, what devices will attract the most visitors and how engaged your visitors are before converting.

    This way you can see if your campaigns (SEO, PPC, signups, blogs etc.) or optimising efforts (A/B Testing, Funnels) have made an impact with the time and investment you have put in. Learn more

    7. Set Advanced Ecommence reporting

    If your website’s overall purpose is to generate revenue whether it be from an online store, asking for donations or from an online paid membership site ; the Ecommerce feature gives you comprehensive insights into your customers’ purchasing behaviours.

    Ecommerce feature

    When you use Ecommerce analytics, you heavily reduce risk when marketing your products to potential customers because you will understand who to target, what to target them with and where further opportunities exist to have the greatest impact for your business. Learn more

    Key takeaway

    Having the tools to ensure you’re creating a well planned acquisition strategy is key to attracting and capturing the attention of potential visitors/leads, and then driving them through a funnel/buyer’s journey on your website. Because of Matomo’s reputation as a trusted analytics platform, the features above can be used to assist you in making smarter data-driven decisions. You can pursue different acquisition avenues with confidence and create a strategy that’s agile and ready for success, all while respecting user privacy.

    Want to learn how to increase engagement with Matomo ? Click here. We’ll go through how you can boost engagement on your website via web analytics.