With the abundance of information available today, an
analytical approach to digital marketing is essential. Performance tracking is
essential to know which ads are performing well and which ones need to be
optimised.
To be precise, in any digital marketing campaign,
sales and leads are typical measures of success. With key performance
indicators, you can track the success of your marketing campaigns. Here are the
top five digital marketing KPIs you should be tracking.
Cost per
lead
Without a doubt, lead generation is one of the most
critical KPIs of any digital marketing campaign. If you can't find new leads
and turn them into customers, how can you expect to increase your sales?
With many agencies cutting back on their digital
marketing budgets, it's important to calculate the right cost per lead.
Tracking this metric allows you to refine your digital marketing strategy. You
can calculate the cost per lead by dividing your overall campaign spend by the
number of leads generated.
Conversions
The conversion rate shows the number of visitors that initiate a buying decision. This can mean that they:
- Downloaded your product’s brochure
- Signed up for a newsletter
- Renewed a subscription
Conversions also illustrate the relevance of your
content to visitors. If the conversion rate is low, it indicates a disconnect
between the ad and your audience.
Total page
views
Page views are a key measure of website success. They analyse the number of times a page on your website is viewed. A high rate of page views implies that your website is popular. Here are some of the factors that can have an impact on the number of page views:
- Website design
- Layout and UI of the website
- Use of animation
- Availability of good content
Click-through
rate (CTR)
CTR refers to the marketing efforts that get customers
to click on your pages. Search results and display ads are some examples that
involve CTR. A good CTR shows that your digital ads are popular. If more people
click on your ad, you will get more results.
Bounce rate
Bounce rate is another key performance indicator that
you should always consider in digital marketing. A bounce refers to a situation
where someone lands on your website and then suddenly leaves. High bounce rate,
poor website design and low quality content.
You can count on Koobr for the best digital marketingservices.
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