Effective KPIs should include the following:
- Definition—summarize relationships among meaningfully compared data. Also, clearly define which KPIs are provided to the end user, adding a glossary or annotation, if necessary
- Expectation—establish targets for improvement. Set expectations by providing context of change over time
- Presentation—highlight changes (literally) for easy identification. Each KPI should show a percent change and drive
- Action—Direct additional study and ID areas of the Web site that need work
After important data is gathered and organized, Web site owners should adjust their Web site content and marketing campaigns accordingly. "Also focus on customer life cycle management," said Mason.
Jason Burby, Director of Web Analytics/Business Intelligence at ZAAZ, looks at three types of core data about user behavior:
- Attitudinal data (what do my customers think)
- Behavioral data (what are my customers doing)
- Competitive data (how do we compare with others in our industry)
"Create scorecards to measure organization, Web site, site section, Web team/agency, and individual performance related to business goals," said Burby. "Share this scorecard throughout the organization. People should be held accountable—bonuses and sales can be based on KPIs."
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