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Maximize insights with KnewChoice Performance Analytics: Strategic tracking and analysis for data-driven decisions, optimizing your business performance

Your Knew Analytics Agency

Performance analytics in the digital age: A graph showing data trends with colorful lines and bars representing the analysis of digital campaigns.
At KnewChoice, we take performance analytics very seriously. Everything on our website, from brand colors to messaging to content, is created using data. By leveraging various technologies like HubSpot, Microsoft Clarity, Google Analytics, and other marketing tools, we can understand how people find our content online and how they interact with our website. Our goal is to improve the user experience and increase engagement rates, leading to better conversion rates and lower lead acquisition costs. We follow this same strategy with every client we work with. By leveraging our data and experience, you reduce the time and money required to collect these insights, which could cost you thousands for hundreds of thousands of dollars each month.
Digital marketing performance analytics involves systematically collecting, measuring, and interpreting data to assess the effectiveness of various marketing efforts. It encompasses tracking key performance indicators (KPIs), such as website traffic, conversion rates, click-through rates, and return on investment (ROI). These insights enable us to make data-driven decisions, optimize strategies, and identify areas for improvement, ultimately leading to more effective and efficient marketing campaigns and better overall results.
Our approach to analytics involves reviewing your entire marketing strategy to understand what leads to revenue. It consists of auditing your campaigns, sales funnel, CRM, and analytics accounts and improving your CRO (conversion rate optimization) efforts. If your business has hit a plateau, it could be related to a leak somewhere in your funnel.

Our Performance Analytics Methodology

KPI Audit & Strategy

Before building a strategy, we need to understand which KPIs drive revenue. Once we know the channels and efforts leading to ROI, we create a strategy to increase those KPIs and patch leaks in your funnel to maximize budgets & improve ROI.

Establish New Goals

After presenting our strategy, we focus on KPI benchmarking and campaign management. During this stage, we create new goals and KPIs surrounding those goals to ensure we're working towards driving more sales and profit.

Create New Benchmarks

We adjust KPI goals every month and quarter to ensure we achieve a specific result. By building particular experiments around those KPIs, we can closely monitor what is yielding results and what campaigns need refinement.

Explore New Opportunities

Once we've optimized your marketing campaigns and clearly understand the revenue drivers, our goal is to help you expand into new channels. Having a more prominent online presence leads to better brand recognition.

Leveraging Performance Analytics

In 2023, marketing performance analytics significantly evolved due to several key trends. The growing emphasis on privacy regulations, like GDPR and CCPA, prompted marketers to adapt their analytics methods to ensure compliance while capturing valuable data. The increased integration of artificial intelligence and machine learning allowed for more precise and real-time data analysis, enabling marketers to make faster and more informed decisions. Additionally, the rising importance of customer experience led to a deeper focus on user-centric analytics, providing insights into customer behavior, preferences, and feedback. As a result, marketing performance analytics in 2023 became more sophisticated, privacy-aware, and customer-centric, shaping the future of data-driven marketing strategies.
As an expert analytics agency, KnewChoice leverages a powerful combination of Conversion Rate Optimization (CRO), Google Analytics, and custom reports to drive substantial revenue growth for businesses. By meticulously analyzing user data and behavior through Google Analytics, we identify conversion bottlenecks and areas for improvement. We optimize website elements and user pathways by implementing CRO techniques to enhance the overall customer experience. Lastly, custom reports are tailored to provide in-depth insights into specific business objectives. This data-driven approach allows our agency to fine-tune marketing strategies, identify high-performing channels, and maximize ROI, resulting in increased revenue, improved customer satisfaction, and long-term business success.
Leveraging Performance Analytics

More Than Just A Google Analytics Agency

Unlike one-trick ponies at parties, a good analytics agency goes beyond Google Analytics. Your agency should prioritize KPIs, marketing channels, and fix funnel leaks for revenue growth. If your current agency falls short, consider finding one focused on growing your revenue, not just vanity metrics.

CRO Services

Conversion Rate Optimization (CRO) is the systematic process of enhancing a website or marketing funnel to boost the percentage of visitors who take a desired action, such as making a purchase, filling out a form, or subscribing. It involves data analysis, usability testing, and iterative changes to improve user experience and encourage conversions. Our CRO services aim to maximize the effectiveness of your website and funnels to increase revenue and achieve business goals.

Google Analytics Set Up

You're at a massive disadvantage if you're not using Google Analytics 4. GA4 offers advanced features like event tracking, enhanced user-centric data, and cross-platform measurement capabilities. Migrating from Google Analytics to GA4 entails setting up a new property, updating tracking codes, and adapting to the event-based data model. This transition empowers your business to gain more profound insights into user behavior and preferences, leading to more optimized marketing strategies & campaign ROI.

KPI Benchmarking

Setting Key Performance Indicator (KPI) benchmarks is instrumental in driving revenue growth. These benchmarks provide clear, quantifiable targets for critical business metrics such as sales, conversion rates, or customer acquisition costs. Regularly monitoring performance against these benchmarks allows businesses to identify areas for improvement, make data-driven decisions, and adapt strategies for more effective revenue generation and sustainable business growth.

Custom Reporting

At KnewChoice, we excel in crafting tailored analytics reports to monitor marketing campaigns. Our approach involves analyzing key performance indicators (KPIs) and synthesizing them into understandable, actionable insights. These custom reports enable businesses to track the effectiveness of their marketing efforts, make data-driven decisions, and continuously optimize strategies, ultimately achieving more efficient and successful campaigns.

A KnewChoice performance analytics strategist working at his desk with a computer and a tablet, preparing a performance analytics report.

KnewChoice Analytics FAQs

What Is Marketing Performance Analytics?
Marketing performance analytics involves evaluating and interpreting data to gauge the effectiveness of marketing strategies. It includes tracking key metrics like website traffic, conversion rates, and return on investment to make informed decisions and optimize campaigns.
Performance analytics provide actionable insights into the success of marketing efforts and how they impact business operations. The data collected allows businesses to make informed decisions regarding marketing campaigns and how they contribute to product and service sales. The result is allocating resources effectively and maximizing return on investment
Most marketing agencies do talk about performance analytics in some form. The problem is that most agencies need to be made aware that discussing topics like Google Analytics, conversion tracking, CRO, and benchmarking KPIs all fall under the performance analytics umbrella. While most agencies focus on the micro aspects of analytics, we focus on the macro side. We do this because we want to understand all of the marketing decisions leading to revenue so we can explore scaling the channels driving the most revenue.
There are dozens of tools out there. Examples include Google Analytics, Adobe Analytics, Salesforce, Supermetrics, Funnel.io, and Tableau. As AI evolves, we will likely see new platforms heavily relying on automation to track marketing channels and performance reports.
It provides actionable insights, enabling businesses to make informed decisions about campaign optimization, budget allocation, and overall business operations. It also uncovers marketing funnel leaks and sales process bottlenecks that could cost your business valuable sales. Once the issues are addressed, a strategy can be developed to correct the issue.
By analyzing key performance indicators (KPIs), businesses can identify high-performing strategies, optimize campaigns, and allocate resources to activities that yield the best return on investment.
KPIs include conversion rates, click-through rates, customer acquisition costs, and revenue generated, offering a comprehensive view of marketing success. Closely monitoring these KPIs ensures you spend more time working towards efforts leading to revenue and less time on efforts costing you money
Previously, we worked with a client whose campaigns weren’t converting despite a growth in leads. After a thorough audit, we discovered the leads weren’t converting due to call routing issues. By analyzing call tracking data and implementing corrective measures, the client saw a 25% increase in revenue in just four months. This illustrates how performance analytics can uncover and address critical business issues.

Explore Our Other Marketing Services

Paid Search Marketing

PPC ensures immediate, targeted traffic to your site, reaching the right audience for your products and services with high ROI potential. It's an outstanding traffic source for quick results.

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Paid social media marketing enhances brand exposure, engages your audience, and enables precise targeting for exceptional ROI and business growth, offering shareable functionalities for increased impact.

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Search Engine Optimization

SEO enhances online visibility, propels organic traffic, and secures sustainable growth by elevating your products and services in search results, thereby boosting your online credibility.

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E-Commerce Marketing

E-commerce marketing utilizes digital tools to connect with global audiences, amplify sales, and foster brand loyalty. The strategy focuses on scaling high-performing products and re-engaging previous customers.

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