Marketing Analytics Glossary: 60 Must-Know Analytics Terms in 2023
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If you’re new to the world of marketing analytics, we’ve got you covered. It can be challenging to wrap your head around all the new acronyms and terminologies. That’s why we’ve compiled this 2023 ultimate data analytics terms glossary with over 60 marketing analytics definitions.
This glossary is a compilation of common marketing analytics terms and definitions to help you gain a better understanding of the phrases and acronyms you might come across.
And if you want to learn even more about marketing analytics and how to earn the highest possible return on investment (ROI) for your business, sign up for our newsletter, Revenue Weekly. Our subscribers get the latest marketing analytics updates and tips sent straight to their inbox from our award-winning experts!
Marketing analytics terms
Browse common marketing analytics definitions below:
First in our marketing analytics terms glossary, let’s look at terms that come between A and F:
Acquisition refers to the process of earning new customers, transactions, and purchases for your business.
Ad Rank is a metric used by Google to determine the positioning of your pay-per-click (PPC) ad in the search results.
Analytics term refers to the analysis of data from your website and marketing strategies that you can interpret to understand the effectiveness of your marketing efforts and where you can make improvements.
An analytics platform provides you with the data you need to gain insights into your campaigns, such as Google Analytics.
Attribution can help you determine which channels, strategies, and marketing messages had the most impact on a user’s decision to convert.
Bounce rate is the percentage of users who visit your website and leave without interacting with anything on your page or navigating to a different page.
A Google Analytics feature that enables you to group marketing activities to view and compare metrics by channels, traffic sources, campaigns, and more.
CTR is a ratio that describes the percentage of users who clicked on your promotion or search engine result based on the total number of users who saw it.
CTOR is an email marketing metric that measures the number of clicks your emails earn relative to the number of opens.
Your conversion rate is the number of website visitors that complete a desired goal (such as making a purchase or signing up for your emails) out of the total number of visitors.
Conversion rate optimization (CRO):
CRO is the process of improving your website for users to encourage them to perform a desired action, such as purchasing your products or investing in services, filling out a contact form, or signing up for your email newsletter.
CPA enables you to see what your business pays on average for a user to convert after viewing your advertisement.
CPC measures what your business pays on average each time a user clicks on your advertisement. This metric is usually measured for pay-per-click (PPC) ad campaigns.
CPL tells you how much your business spends to generate a new lead.
Data management platform:
Software that enables you to collect and manage data from multiple sources.
Explore Marketing Analytics Stats
Demographics are factors that describe users, such as their age, location, and gender, which are often used for ad targeting.
Device is a feature in Google Analytics that lets you view what types of devices your website visitors use, such as desktop computers, mobile phones, or tablets.
Direct traffic contains users who visit your website by typing your URL into the search bar.
Dwell time specifically refers to the amount of time a user spends on your website page before returning to the SERPs. Typically, the longer the dwell time, the better.
Ecommerce conversion rate:
The percentage of online sales generated on your website based on the total number of visitors.
Your engagement rate shows how long a user is on your website based on the amount of time they spend on your website and the pages they visit.
Entrances are a Google Analytics metric that shows the number of times a new session begins on your website.
Events allow you to measure a user’s activity on your website, such as the pages they visit and what they click on and can be tracked in Google Analytics.
Exit rate is the percentage of users who left your website after visiting any number of pages on your site.
Filters are a feature in Google Analytics that enables you to alter the data displayed in your reports.
The process a user goes through from the first time visiting your website to becoming a customer.
Google Analytics is a popular web analytics platform that enables you to view, track, and analyze essential data and metrics about your website and audience.
Google Data Studio links with Google Analytics to help you convert data into customizable and informative reports.
Google Search Console enables you to track the performance of your website in Google search results.
Hit is a data analytics term used in Google Analytics that describes user interactions such as pageviews, transactions, events, and more.
The total number of times your content or marketing messages are displayed regardless of whether users click on it.
Key performance indicator (KPI):
Crucial marketing analytic term. KPIs are metrics that help you measure whether a marketing strategy is helping you achieve your business goals.
Last click is a type of attribution that gives 100% of the credit for the conversion to the last thing the user clicked on.
A lead is a user who shows an interest in your business, products, or services. They can show interest by contacting you, downloading your guides, signing up for your emails, and more.
The lifecycle stage shows where users are in your sales funnel and how likely they will convert.
Metrics are values that you can use to measure and track the performance of your marketing campaigns.
New users are people who visit your website for the first time.
OKRs stand for objectives and key results. They help you set clear goals with measurable results to help you track your progress toward reaching your goal.
Open rate is the percentage of users who received your emails and opened them.
Making changes and improvements to your digital marketing strategies to help them achieve better results.
Organic traffic refers to users who visit your website after clicking on your website results in a search engine like Google.
A term in Google Analytics that describes when a page is loaded or reloaded.
Qualified leads are users who have shown an interest in your business that are most likely to purchase your products and services.
Quality Score is a diagnostic tool used by Google Ads to determine your PPC ads’ quality and relevancy on a scale of one to 10.
When a visitor comes to your website by following a link on another website.
ROAS is a metric that measures the performance and financial return of your digital advertising strategy or campaign.
ROI helps you measure the performance of your marketing strategies by looking at how much money you earn from your investment in your marketing campaigns.
Returning users are website visitors that have visited your site in the past on the same device.
The total amount of money your business earns before expenses.
Search ranking refers to the position of your website in search engine result pages (SERPs).
Segmentation enables you to group your potential customers based on their wants, needs, interests, and demographics to help you better cater your advertisements and marketing messages to their needs and desires.
A session describes any time a user visits your website from an outside domain. In Google Analytics, a session will end when the visitors leave your website to visit another, close their browser, or are inactive for 30 minutes or more.
Traffic describes users who visit your website.
Traffic source describes where your users originate from. For example, traffic can come from your PPC ads, social media ads, or search engines.
Time on page:
A metric calculated in Google Analytics that describes the average amount of time a user spends on a page.
Time on site:
A metric calculated in Google Analytics that describes the average amount of time a user spends on your website regardless of how many pages they visit.
Unsubscribe rate is a metric in email marketing that describes the percentage of users who chose to stop receiving your emails.
The web address of a website or web page.
A feature from Google Analytics that enables you to view the path users take when on your website.
The users that visit your website.
Our long list of services helps you grow every aspect of your business with marketing strategies that are proven to increase bottom-line metrics like revenue and conversions. In the past 5 years, we’ve managed more than 12.9 MILLION transactions across our client base.
Time to Level Up Your Sales
Our long list of services helps you grow every aspect of your business with marketing strategies that are proven to increase bottom-line metrics like revenue and conversions.
In the past 5 years, we’ve managed more than 12.9 MILLION transactions across our client base.
Boost the success of your marketing campaigns with marketing analytics services from WebFX
Are you ready to start driving more revenue for your business with marketing analytics but aren’t sure where to start? Are you finding it tricky to understand the above marketing analytics definitions? If so, WebFX can help!
WebFX is an industry-leading digital marketing agency that specializes in using marketing analytics and essential metrics to create data-driven campaigns that will drive impressive results for your business. From social media campaigns to SEO strategies, we can do it all.
Our award-winning team will implement, manage, and optimize your digital marketing campaigns so you can focus on your other business tasks. We’ve already helped clients drive over $3 billion in revenue, and we can help you boost your sales and revenue too.
Speak with one of our strategists today by calling 888-601-5359 or contact us online to learn how our marketing analytics services can help grow your business.