Sunday, August 21, 2011

The Power of Web Analytics

Web analytics is a field that has the potential to experience exponential growth in the near future. Why? Because an increasingly large number of people use the internet to carry out more and more transactions (aka purchases). Just think about Amazon.com and Borders. Amazon is doing great because people choose to purchase books online instead of going to a traditional establishment like Borders, which results in traditional establishments like Borders going out of business. The bottom line is that businesses need to adapt to this new environment and web analytics is an excellent tool as it dissects  key metrics about what is going on in the internet. Here is the snapshot of one of the slides of a presentation I put together recently.


1 comment:

  1. The author of this article writes: "By 2016, Forrester says, advertisers will spend almost $77 billion online, comprising 35% of overall ad spending"

    http://www.forbes.com/sites/roberthof/2011/08/26/online-ad-spend-to-overtake-tv/

    Does this imply higher demand for web analytics?

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