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Understanding and Influencing Online Customer Behavior

White Paper Published By: ForeSee Results

With clickstream analytics, you know WHAT your online customers are doing online. But, do you know WHY? To learn how to take your web analytics to the next level by adding the WHY to the WHAT, download this free white paper on the value of adding customer satisfaction measurement to your behavioral web analytics.



Tags : 
website analytics, usability, customer satisfaction, foresee, foresee results, analytics, market research

ForeSee Results
Published:  Feb 05, 2007
Type:  White Paper
Length:  7 pages

Understanding and
influencing online
customer behavior
Integration of Customer Satisfaction Analytics with Clickstream Analytics
A ForeSee Results White PaperSpring 2006Clickstream Data: A Partial View of Your Customers The web channel has moved to the forefront as a critical success factor in the achievement of every organization's business objectives. Whether an organization is multi-channel or an Internet pure play, it will struggle to meet its strategic goals without a high-performing web-site. Therefore, each and every business needs accurate metrics to assess the performance of its online operations.
At this stage in the evolution of the Internet, most organizations recognize the value of metrics and have taken steps toward measuring website performance through the use of web analytics. Clickstream data provides valuable insight into the behavior of customers and prospects on the site: where they go, which marketing campaigns drove them there, how much time they spend on the site, where they leave the site, the average order size and other related pieces of data. However, as important as this information is, it does not paint a complete picture of website performance for two reasons:
. Clickstream data is historical. With clickstream data, web managers can see what site visi-tors did yesterday, last week or last month, but not what they will do in the future. And, in today's fast-paced and competitive online environment, organizations need insight into what customers and prospects will do in the future just as much - if not more - than they need to understand their past actions.
. Clickstream data focuses strictly on WHAT, not WHY. Clickstream data provides a behav-ioral perspective of site visitors, but it doesn't help an organization "get into the minds" of site visitors and learn why they behaved as they did. Looking at customers strictly from the perspective of how they behaved without also assessing their attitudes doesn't tell the whole story.
It's clear that the value of clickstream analytics would be enhanced by integration with another sort of metric - a metric that provides a more forward-looking and predictive view of site visi-tors while adding an attitudinal perspective. Fortunately for savvy web managers, this metric is readily available in the form of customer satisfaction analytics using the American Customer Satisfaction Index (ACSI).
About the ACSIProduced by the University of Michigan, the ACSI is the leading national indicator of cus-tomer satisfaction with goods and services in the U.S. economy and the only cross-industry methodology that links customer satisfaction to financial performance. Applied to the web via a survey, the ACSI is the most credible, accurate, reliable and precise methodology of measur-For More Information ing customer satisfaction with the web experience. This proven, scientific methodology identi-1.800.621.2850 fies key drivers of satisfaction and quantifies the relationship to overall customer satisfaction. www.ForeSeeResults.com Going further, this rigorous methodology predicts how customers will behave in the future based on satisfaction data so web managers can understand how likely online customers are to buy (online or offline), recommend the site and return to the site, among key behaviors tied to loyalty. And, the ACSI methodology demonstrates how specific website enhancements would positively impact customer satisfaction, loyalty behaviors and ultimately, the bottom line.
High-Level View of ACSI Customer Satisfaction Measurement SolutionThe graphic below provides a high-level view of the ACSI methodology and depicts the link among elements driving satisfaction, overall customer satisfaction and future behaviors tied to loyalty.
Elements Drive Satisfaction Satisfaction Impact Impact Drives Future . Navigation How 5-point How 5-point Behaviors. Product Information increase Customer increase in . Return to the Site. Look and Feel in Element Satisfaction score Satisfaction . Recommended Sitescore impacts impacts Future . Site Performance Satisfaction Behaviors . Purchase Online. Content . Purchase Offline. Functionality . Etc. . Etc.
The Value of Integration By combining ACSI-based customer satisfaction measurement with clickstream analytics, an organization gains a comprehensive view of the online customer or prospect, a 360º perspec-tive that combines p... [download for more]

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