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Google Analytics Benchmarking Returns! [@SmartInsights alert]

Author's avatar By Dave Chaffey 11 Sep, 2014
Essential Essential topic

Compare your traffic sources and mobile vs desktop audience split to others in your sector to make the business case for investment in digital marketing

Value: [rating=3]

Recommended link: Google Analytics Benchmarking announcement

Do you remember Google Analytics Benchmarking? You’ll need quite a good memory since Google withdrew it in late 2011 I recall - we lamented its passing in this post on using Google Analytics to Benchmark engagement with a site recommending how to use measures like bounce rate, pages per visit and visit duration to compare engagement with your site.

Well, now it’s back with a bang including a new interface and new types of reports. Here’s how to check it out:

How do I set up Benchmarking?

This is easy and you may well have it set up before. Head to Admin and check the second box shown.

Google-Analytics-benchmarking1

Data is shared anonymously, so there is no greater risk than having your data stored on Google already.

You also have to set up an Industry category to compare in the Properties Admin section on Google Analytics. Unlike previously, you don’t have to choose site size since Google automatically places businesses in different categories

Where do I find the reports?

These are under the Audience menu accessed via the Benchmarking option like so so:

Google-Analytics-benchmarking2

Which metrics are available to benchmark?

There are three reports, all of which can be give you some ammunition when making the case for investment in digital marketing:

  • Channels - as shown above, this shows traffic volume (number of sessions), quality (bounce rate, page per session and duration and ). You can use these figures to justify more investment in marketing activities like SEO or AdWords.
  • Locations - a breakdown by country - less useful for making the case for investment since location varies by where the business operates.
  • Devices - this breaks down the visitors into desktop, tablet and mobile - so useful for showing how mobile use in your sector could change if you are receiving less than the sector average.

So what’s missing? As before, unfortunately, that’s all you get, so quite a lot of business critical KPIs are missing, for example around site conversion rates and value per visit such as revenue or goal value per visits.

Still, it's great to have this service back - thanks Google! Happy Benchmarking!

Author's avatar

By Dave Chaffey

Digital strategist Dr Dave Chaffey is co-founder and Content Director of online marketing training platform and publisher Smart Insights. Dave 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 are used by our Premium members in more than 100 countries to Plan, Manage and Optimize their digital marketing. Free members can access our free sample templates here. Dave is a keynote speaker, trainer and consultant who is author of 5 bestselling books on digital marketing including Digital Marketing Excellence and Digital Marketing: Strategy, Implementation and Practice. My personal site, DaveChaffey.com, lists my latest Digital marketing and E-commerce books and support materials including a digital marketing glossary. 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. Please connect on LinkedIn to receive updates or ask me a question.

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