This report outlines the web metrics plan for Mark and Spencer's website, including their business profile, website overview, goals and objectives, budget, and tools for analysis. It also discusses important web metrics to track and the best analytical tools to use. The report concludes with a link to the website and references.
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THE WEB METRICS PLAN 1
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................2 CONCLUSION................................................................................................................................2 REFERENCES................................................................................................................................2
INTRODUCTION Web matrix consists of different measurements that is present on website for better monitoring of website performance and statistics. Following web matrix plan consists of website goals and objectives, along with budget and tools for analysis. MAIN BODY Business profile Mark and spencer a British multinational retailer, companies headquarter is present in Paddington, London, England, UK. Company’s specialism is in selling clothing’s, beauty and other home and food products worldwide. For this report website is for established M&S and they have existing brick mortar operation which is about to sell the products and services to consumer face to face (Park, Lee and Kim, 2022). Company also have the web presence as they have launched the 46 flagship websites across the world and aiming to increase their online reach in more than 100 countries. Mark and spencer targets the people of age 45 plus and social economical group, their website have range of products to display it to consumer of every age where different section is shown on website which classified all categories where women’s, men’s, kids, home furniture, beauty all sections are there. Company’s website targets national, international people where audience can easily avail their products through websites. Website overview Website is the set of related web pages, where it can be accessed by using the internet address most commonly known as the uniform resource locator (Biagiola and et.al 2019). Regarding mark and spencer’s website it consists of the clear information and better use of website principles like proper alignment of white space and other fonts, images so that it will increase the exploration time of the consumer over the website. Some of the website principles which the company have are: 3
Simplicity:Simplicity is the major concern when considering the consumer experience and usability of website, following M&S website have simplicity where content is written in concise and efficient manner that can be easily understood by consumer. Navigation:It is one of the crucial principles of website to consider as successful website, M&S website have easy navigation that can be easily used by every age group consumer, loading time of website is almost 2-4 second as it does not take much time to load which makes it user friendly website. Colour:Website have pleasing colour combination which is able to increase the customer engagement so that they will feel good to make purchase of an item. Imagery:Images are also there which is attractive and relevant as well that shows the impression of professionalism and credibility. Website goals and objectives Website of M&S have clear written information about its product as its brand name, price all features. It is being clear that company’s main goal is to generate the maximum traffic over their website and to increase spending time of consumer over the website. By keeping this all information in mind Company has launched their websites in a manner where clear products details are there as well as easy navigation, help corner is all present in the website.Their website is transparent to consumer where rating is also there so it helps in making purchasing decision for consumer.
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It is found that number of visits for the company’s website is 29.5M, where bounce rate is 37.34Percent, number of pager per visit is 7.23 and average visit duration is 00:04:58. Sales revenues for their clothing and home product is 34 percent and have 67 percent sales value in food products. Global ranking of the company is also being increasing from 1239 to 1098. By the 2022-year data it is found that company have generated approx 10.9 billion British pounds’ revenues in United Kingdom. Thus overall their website performance is better that is able to lead traffic over website. Their aim is to lead generation for their products and services in order to increase their global rank and to increase their annual revenues rate. Company’s main objective is to increase viewers over the website to drive better revenues. To enhance the conversion rate by 50 percent by the end of this year. To increase the upsells and cross sells by providing better offering to the audience (Lizarralde and et.al 2020). Another objective is to enhance the outreach to the qualified leads and cutting time which is wasted on unqualified leads. Some of the other objectives are to cut the time sales reps that is being spend on non-sales tasks. Website budget For developing any website, it takes a sort of investment so that desired objectives can be fulfilled, every organisation carries out the budgetary plan for their business functionalities so 5
that it will help them to cut down the waste. As for creating a website requires a range of resources and tools that can be deployed to create the web presence so that users can easily make purchase without wasting their time to visit physical stores. It is found that in UK average basic website development can range in£1000 - £1500. Thus for outsourcing the work, web designer also demands for the cost anything between£200 and£10,000+ for a project. Tasks to be carried outAmount Outside development£3000 Special elements, videos, graphics£3000 Marketing£5000 Other material£4000 Total£15000 Web Metrix: What you will measure Metrics generally are the numbers that are behind the variables which is linked to the website. Monitoring this number is important as they give the complete insight to make decisions further (Mavragani, Ochoa and Tsagarakis,2018). Web metrics measures the number of tasks which are total number of visitors, bounce rates, average page viewers, average time on web page and it is also used to analyse the traffic sources. There is some important web matrix that can be used to track the website: Total number of visitors:Number of visitors over the website is the site traffic, within this there are different segments which can further splits in data. As to track the traffic over websites, web hosting provider gives the traffic statistics on dashboard accounts, or wordpress plugin can also be used to collect the traffic data. Bounce rates:It can be defining as the number of the viewer visits the website but leave without interacting with website materials, divided by the traffic for that similar time period. Thus by using this M&S can easily analyse their bounce rates for the web site. Session duration:Monitoring the length of time which the particular session lasts is also a significant metric, but it is somehow complex process so it’s better to use google analytics which
helps in measuring the advertising ROI as well as helpful in tracking the flash, videos and other applications. Average time on page:This metric generally provides the information about the average spending time of consumer over the webpage of website. For an example if the content on webpage is lengthy that gets the lots of traffic but in actual average spending time of user on that page is low, as they avoid length text and move to next page. Website analytics: What tools you will use Google analytics tool is one of the best analytical tool that can be easily used as well as work on any website. It consists of range of features which assists the user to easily determine the patterns as how viewers can engage with the website. Where feature enables data collection, tracking, visualisation, reporting and integration with other applications as well. It can be use as basic analytical tool for the SEO(Search optimisation engine), in this service is subset of google marketing which is available at free of cost, for that user only requires an google account. It collects the data from every website traverser by the use of page tags. Where JavaScript Page tag are present inside the code of every web page, then this tag runs on web browser of every viewer, where it collects the data and transform it to google server (Attaran and Woods, 2019). After that google analytics presents the customizable information in report to monitor it and visualise it, where it tracks the bounce rate, average session duration, number of users and other goals. Therefore, Google analytics is the best option for analysing the website so appropriate decisions can come out. Clicky’s private friendly, website analytics can also be used as it helps in monitoring and analysing the data. It simply allows the user to get insight of everything which is used to analyse the traffic over website. It joints the past report and real time monitoring information of website. Where clicky analytics plugin shows the in depth information and status about the number of online users, their visits, actions, organic searched and time average over the admin dashboard. 7
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CONCLUSION Above report have illustrated the information about the web metric plan, as how metrics can be used to analyse the website for providing appropriate and accurate information. Above has discussed the Web metrics, Web objective and goals, also discussed the website budget plan and lastly concluded with providing the information about google analytics and clicky analytical tools. Link of website <https://www.marksandspencer.in/? utm_source=google&utm_medium=search&utm_campaign=10019994644&adgroupid=1007072 96803&utm_content=614511603268&utm_term=%2Bmarks %20%2Bspencer&gclid=EAIaIQobChMI3tiq8ris- QIVSQ8rCh15fQ3cEAAYASAAEgL9zvD_BwE&gclsrc=aw.ds>
REFERENCES Books and journals Attaran, M. and Woods, J., 2019. Cloud computing technology: improving small business performance using the Internet.Journal of Small Business & Entrepreneurship.31(6). pp.495-519. Biagiola, M. and et.al 2019, August. Diversity-based web test generation. InProceedings of the 2019 27th ACM Joint Meeting on European Software Engineering Conference and Symposium on the Foundations of Software Engineering(pp. 142-153). Lizarralde, I. and et.al 2020. Discovering web services in social web service repositories using deep variational autoencoders.Information Processing & Management.57(4). p.102231. Mavragani, A., Ochoa, G. and Tsagarakis, K.P., 2018. Assessing the methods, tools, and statistical approaches in Google Trends research: systematic review.Journal of Medical Internet Research.20(11). p.e9366. Park, J., Lee, Y.C. and Kim, S.W., 2022. Effective and efficient negative sampling in metric learning based recommendation.Information Sciences.605.pp.351-365. 9