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Definitions

Key concepts and metrics in SealMetrics analytics explained

Updated yesterday

πŸ“Š Entrances

Definition: An Entrance is a click with an empty referrer or a referrer with a domain different from your domain.

How it works:

  • Direct traffic: When someone types your URL directly or uses a bookmark

  • External referrals: When someone clicks a link from another website

  • Search engines: When someone finds your site through search results

  • Social media: When someone clicks a link from social platforms

Example: If a user comes to your site from Google search, that counts as one entrance.

πŸ‘€ Pageview

Definition: How many times a page has been viewed.

Key points:

  • Each page load counts as one pageview

  • Multiple views by the same user count separately

  • Refreshing a page creates a new pageview

  • Useful for understanding content popularity

Example: If 100 people visit your homepage and 50 of them refresh it once, you'll have 150 pageviews.

🎯 Conversions

Definition: Each time an action marked and assigned by the user has been accomplished. We suggest marking just the purchases as conversion.

Best practices:

  • Primary conversions: Purchases, sign-ups, leads

  • Focus on value: Track actions that directly impact business goals

  • Avoid over-tracking: Don't mark every small action as a conversion

  • Business impact: Choose conversions that matter to your bottom line

Example: An e-commerce site should track purchases as conversions, not just product page views.

πŸ’° Revenue

Definition: The pixel of conversion saves the value of every purchase so you can find the total amount of the purchases in the revenue section.

Revenue tracking:

  • Purchase values: Exact amount of each transaction

  • Currency support: Multi-currency tracking available

  • Attribution: Revenue attributed to correct traffic sources

  • Tax handling: Include or exclude taxes as needed

Example: If someone buys a $50 product and a $30 product, the revenue is $80.

πŸ”„ Micro Conversion

Definition: Each time an action marked and assigned by the user has been accomplished. Ex. Add an item to the cart.

Common micro conversions:

  • Add to cart: Product interest indicator

  • Newsletter signup: Lead generation

  • Video views: Content engagement

  • Form starts: Intent indicators

  • Download requests: Content value

  • Account creation: User commitment

Example: When someone adds a product to cart but doesn't purchase, that's a micro conversion.

πŸ’Έ Cost

Definition: The total amount of your marketing investment.

Cost components:

  • Advertising spend: Paid media costs

  • Agency fees: Management and service costs

  • Platform fees: Technology and software costs

  • Creative production: Design and content creation costs

Example: If you spend $1,000 on Google Ads and $500 on Facebook Ads, your total cost is $1,500.

πŸ“ˆ Conversion Rate

Definition: The number of users who converted as a percentage of the total number of users that visited your site.

Calculation:

Conversion Rate = (Conversions Γ· Entrances) Γ— 100

Example calculation:

  • 1,000 entrances

  • 50 conversions

  • Conversion rate = (50 Γ· 1,000) Γ— 100 = 5%

🏷️ Conversion Type

Definition: The amount for conversion for each type of conversion assigned by you.

Types of conversions:

  • Purchase: E-commerce transactions

  • Lead: Contact form submissions

  • Signup: Account registrations

  • Download: Resource downloads

  • Subscription: Newsletter or service subscriptions

Value assignment: Each type can have different values based on business impact.

πŸ₯‡ Top Medium

Definition: The mediums that guarantee the most affluence (using a UTM that needs to be reassigned) for entrances and conversions.

Common mediums:

  • Organic: SEO traffic from search engines

  • CPC: Paid search advertising

  • Social: Social media traffic

  • Email: Email marketing campaigns

  • Referral: Traffic from other websites

  • Direct: Direct website visits

🌟 Top Sources

Definition: The main sources from which your traffic comes.

Traffic sources examples:

  • Google: Search engine traffic

  • Facebook: Social media traffic

  • LinkedIn: Professional network traffic

  • Newsletter: Email campaign traffic

  • Partner sites: Referral traffic

Advanced Metrics

ROAS (Return on Ad Spend)

Calculation:

ROAS = Revenue Γ· Cost

Interpretation:

  • ROAS > 3:1: Generally profitable

  • ROAS 2:1-3:1: Moderate performance

  • ROAS < 2:1: Needs optimization

Customer Lifetime Value (CLV)

While not directly shown in basic reports, this can be calculated using:

  • Average order value

  • Purchase frequency

  • Customer retention rate

Cost Per Acquisition (CPA)

Calculation:

CPA = Cost Γ· Conversions

Example: $1,000 cost with 50 conversions = $20 CPA

Metric Relationships

Funnel Metrics

Understanding how metrics relate in a typical conversion funnel:

Entrances β†’ Pageviews β†’ Micro Conversions β†’ Conversions β†’ Revenue

Common Calculations

Performance Comparisons

  • Period-over-period: Compare current vs. previous period

  • Channel comparison: Compare performance across sources

  • Campaign analysis: Compare different marketing campaigns


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