If we want to quantify visitor engagement, we need to look beyond click through rate. Here are five metrics that you as a marketer or your agency should measure instead. These are the REAL questions you should be asking.
1. Return Visits
No matter your business model – selling Pepsi or selling software, return visits are important. When people come back to your website or app, it’s a sign that they’re eager to learn more about your company, make a repeat purchase, or share some of your content. You’ll want to calculate — and optimize — this metric at the user level. Experiment with personalized targeted offers to see what brings people back to your site.
The ideal ‘return visit’ rate will depend on your specific business model and marketing goals. An ideal visitor engagement threshold will correspond with your revenue goals.
2. Interaction Depth
While the first click through rate may not tell you much, second and third clicks provide a wealth of information. When people click on multiple articles or pages within your site, it’s a sign that they’re interested in learning more.
In addition to looking at the depth of pages viewed, pay attention to what types of content that you’re using. If you notice someone lingering on your case study pages, for instance, you may want to share a promotion or personalized call-to-action.
In addition to visiting your site often, engaged visitors need to come to your site at the right time. If you’re running an e-commerce store, for instance, you’ll want prospects and customers to browse your website around major holidays. If you’re running a B2B operation, you’ll want to make sure that you’re generating visibility during key times in the year and quarter.
Timing is a variable that you’ll want to measure among both repeat customers and prospects, at the user level. If you’re running a SaaS company, for instance, you’ll want to check whether people have used your product recently. Engagement depends on a number of variables, and timing is one of the most important. With this information, you’ll be better positioned to launch more tailored marketing campaigns.
4. Interaction Per Unique View
Unlike the metrics referenced above, this one should be calculated at the page level. This perspective will help you identify your most engaging pieces of content, which will give you the knowledge that can help guide future marketing campaigns. In a nutshell, here’s how you calculate interaction per unique view:
- Take the sum of your likes, comments, and shares per page
- Divide that sum by the number of unique visits
This metric will give you a straightforward view of the concurrent engagement levels that are happening with your content. No one dimension (i.e. likes, comments or shares) are enough to quantify engagement at a macro level. At any given time, there are a variety of user personas on your site. Some are lurkers who don’t like to share or comment but will readily ‘like’ your content. Others will ready to participate.
Some engagement items will be worth more to your marketing team than others. In that case, you can assign weightings to each variable in your numerator. For instance, you can weigh shares as twice as valuable as comments.
Marketers can measure engagement levels by monitoring values that are dissociated from specific actions. These metrics can take the form of volumes, scores or amounts. For a SaaS business, for instance, you may want to examine how many documents are being used or how many collaborators a person has.
Knowing these numbers and their rates of change at the user level can help you benchmark how engaged a customer actually is.
6. Time Spent on Site
Time spent is one of the most crucial indicators of customer base interest. The more time a person spends looking at a product, the more interested they tend to be in that product, brand or category of product. People don’t waste their own time. Likewise, the more time a person spends on a blog or article, the more interested they are in that subject, keywords and opportunities, services and products related to that content. Not to mention that ‘time spent’ is a clear and straightforward way to segment your most engaged visitors, leads, prospects and customers.
Basic measures of time spent are not sufficient. After all, you don’t want to mistake a person’s leaving the screen to get a glass of water as interest in your article or product. Make sure to measure time in a sophisticated way that only counts truly engaged interaction time.
Take these metrics and make them your own — or choose a different set altogether. Your analysis should capture the intersection between your customers’ values and your business’s bottom line. Challenge your analysis, look for gaps and most importantly, venture beyond click through rate. A nuanced and thoughtful view will help you see what’s lurking beneath the surface of your brand.