More Than a Quarter of Web Marketers 'Flying Blind'
Web marketers lack both the confidence and analytics to properly assess results, according to a study from WebTrends.
Confidence in marketing efforts varied among those surveyed. Only five percent of marketers were very confident in the measurement of their current online marketing efforts. Just over a quarter (26 percent) admitted they were flying blind, while the same percentage (26 percent) was moderately confident. Forty-three percent indicated they were fairly confident with their efforts.
WebTrends asserts the low confidence comes from a lack of knowledge when it comes to measurement. Only one in five respondents indicated they have a complete handle on their conversion, marketing ROI, and revenue metrics. Twenty-three percent reported they don't currently have any metrics, and 29 percent rely on clickthrough rates alone.
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Most Web marketers (76 percent) know where users enter their Web sites, a point that WebTrends calls inflow, and nearly half (48 percent) know the point at which their site is abandoned. Forty-five percent were aware of their site's fall out point, a term that describes users not moving from one step to the next within the conversion scenario.
The detours users take within a site after leaving a conversion scenario were only known by 20 percent of respondents, and only fourteen percent were aware of the non-linear paths a site visitor takes during a conversion scenario (what WebTrends calls step jumping).
WebTrends collected the data for the survey between May 23 and June 3, 2005 as an element of a free webcast.
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