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Naturally all digital marketers want more (quality) traffic. This begs the question where do we find this traffic? What is our optimal mix of online media?
One approach to answering this question is to turn to the traffic sources report in Google Analytics. Where Google Analytics benchmarking once again presents your mix of referrers relative to others in your category. Your relative performance is shown under the Audience menu accessed via the Benchmarking option like so:
Bear in mind that the mix will vary dramatically according to any number of factors, that's the problem with averages... In particular large brands tend to have a much higher proportion of direct traffic, often >> 50% in my experience as people enter the URL direct. You'll also see that direct traffic is higher if email campaigns haven't been tagged when they are then added to the campaign or other category of sources.
You can spot opportunities if you compare to industry media mix averages like the one from the excellent Custora Ecommerce Pulse showing orders by channel as below.
It's a compilation of traffic or media sources from some of the top US retail sites which drive sales.
If you find one source of traffic like search traffic dominates, then there may be an opportunity to work to build other traffic sources like using outreach to other sites to build referral traffic. There's a risk if "too many of your eggs are in one basket", particularly as Google changes its algorithms...
Another source of data that can also help with benchmarking your mix to larger sites in your sector is Similar Web which gives this type of visualisation. Bear in mind that since this is tracked through a plug-in rather than campaign tags, the percentage of email and social media referrers may be under-represented.
As you use tools like this and review your analytics make a summary of the most effective channels like the Bullseye framework shown in our post on reviewing customer acquisition sources visually.
Which tools do you recommend for benchmarking traffic source or percentage of digital media referrers?
By Dave Chaffey
Dave is CEO and co-founder of Smart Insights. He is editor of the 100 templates, ebooks and courses in the digital marketing resource library created by our team of 25+ Digital Marketing experts. Our resources used by our Expert members in more than 80 countries to Map, Plan and Manage their digital marketing. For my full profile, or to connect on LinkedIn or other social networks, see the About Dave Chaffey profile page on Smart Insights. Dave is author of 5 bestselling books on digital marketing including Emarketing Excellence and Digital Marketing: Strategy, Implementation and Practice. In 2004 he was recognised by the Chartered Institute of Marketing as one of 50 marketing ‘gurus’ worldwide who have helped shape the future of marketing.
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