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Google analytics is great.
It’s a free, analytical tool (with free online training) that can easily
be applied to almost every website measuring most activities, including demographics, of any visitor you would want to
track. Why would you need anything
else??
There are so many web analytics tools currently in the
marketplace that offer what Google Analytics offers. Most of the time, these tools come with a
price. This post will analyze one of the
Internet’s top web analytics tools and their use in this generation’s data-driven
marketplace.
FoxMetrics
Founded in 2012, FoxMetrics is a web analytics firm that
offers services focused on tracking individual customer data in real time. Their software is designed for small to
mid-sized businesses with reports that integrate with select, internal Customer
Relationship Management (CRM) software (e.g. Salesforce) (Technology Advice,
2015). The tool creates live profiles
for each customer that visits your site.
FoxMetrics AND Google
Analytics (The Similarities)
Both Google Analytics and FoxMetrics provide users with real
time reports that track a visitor’s 30 minute session as they are looking at
your website. Before going any further,
I can already hear you asking, “So what?
Why would I want to use real time data?”
Well, as a matter of fact, real time data can be helpful in a variety of
specific ways: (Gray, 2015)
1.
Troubleshooting and testing the effectiveness of UTM parameters (i.e. tracked tags added to a URL) and created events (i.e. actions
performed by your customers)
**ProTip: In order to “discover what your visitors do inside your page and reduce your bounce rate”, Boyce
advises that you use events to track customer actions that “really matter to
you, be it signup for your newsletter, checking out your video or other in-page
activities” (2014).
In addition to real time reports, both FoxMetrics and Google
Analytics measure user data, specifically demographics, visits, events
along with page views, customer events, unique visits, visitors, files, bounce
rates, exit rates and all other important web analytics (FoxMetrics, 2015)
FoxMetrics VS. Google
Analytics (The Differences)
While FoxMetrics and Google Analytics share many of the same
reports, FoxMetrics offers it’s customer’s more precise, real time
measurements.
More Precise
FoxMetrics is more precise and they don’t hesitate to
advertise it. According to FoxMetrics,
their software “should be used to track the data that really matters and
actionable with precise metrics. If you wish to track traditional analytics
such as page views please do not hesitate to do so, you are more than welcome -
we just encourage you to use other packages that were intended for that purpose
such as Google Analytics”(2015). The
only reason your business should pay for FoxMetrics is if they want to get more
intimate with real time reports and micro segmenting visitors.
Visitor-centric
FoxMetrics is organized around the customer, aka, your
websites visitors. Their tools allow
your business to “track what your customers are doing on your website in
real-time” as well as each “customer life-cycle including where they are
clicking, what e-mails they are opening, what products they are purchasing, and
more.” (Sparks, 2014). Furthermore,
FoxMetrics allows your business to seamlessly connect select CRM and email
platforms to their web analytics tool.
The end product is a “thorough report showing the actions of your user's
while they are using your application” (Sparks, 2014).
Support
FoxMetrics offers and encourages it’s customers to use their
24/7 support center accessible online or via phone (however, phone support is
for the high-rollers only). It’s 24/7
support includes detailed articles available for search within their website
along with free email support for every plan.
Google Analytics, on the other hand, offers video tutorials in addition
to written support via Google’s support center.
While they don’t offer easily accessible support via phone, their
support is quite extensive.
Mobile Tracking?
FoxMetrics is very vague in explaining whether or not their
tool can track data within mobile applications.
Google, on the other hand, offers Google Analytics specifically for
Mobile Apps. This tool is free to use
and looks to be very helpful for those who wish to measure their mobile
data. If you have any experience using
Google Analytics for Mobile Apps, please leave a comment below describing how
it makes you feel and whether or not its effective.
Price
Of course, we all know that Google Analytics is free while FoxMetrics is available for a fee. Different
metrics can be accessed within different plans ranging from $20 to $120
(FoxMetrics, 2015). Full access to all FoxMetrics
benefits are available for Enterprise users at custom pricing.
Is it Worth it?
If your website has high traffic and tracking individual
customer actions is on the top of your priority list (in line with your KPIs), FoxMetrics
can be a useful tool for you. While
FoxMetrics positions itself as an affordable option for small businesses
looking to track real time data, small businesses may find that specialized
real time reports aren’t as effective for them. Nevertheless, even FoxMetrics encourages their
customers to use Google Analytics alongside their tool for even more effective
results.
Can you find any other tools that provide top-notch, real time
analytics? Feel free to share your
thoughts on the effectiveness of real time reports below.
References:
Boyce, P. (11 August 2014).
Why Your Google Analytics Bounce Rate is Wrong. Woorank Blog.
Retrieved from http://blog.woorank.com/2014/08/why-your-google-analytics-bounce-rate-is-wrong/
FoxMetrics. (2015).
FoxMetrics Documentation.
Retrieved from http://foxmetrics.com/documentation
Gray, C.M. (2015).
The Marketer’s Guide to Real Time Reports in Google Analytics. KISSMetrics.
Retrieved from https://blog.kissmetrics.com/real-time-reports-google-analytics/
Sparks, C. (11 March 2014).
10 Great Social and Web Analytics Tools.
Search Engine Journal. Retrieved
from http://www.searchenginejournal.com/10-great-social-web-analytics-tools/90629/
Technology Advice. (2015).
FoxMetrics: About FoxMetrics.
Retrieved from http://technologyadvice.com/products/foxmetrics-reviews/
Hi Genevieve...you'd probably be happy to know you came up on the first page of a FoxMetrics Google search :)
ReplyDeleteThanks for sharing Geneviere! It is interesting that FoxMetrics isn't necessarily distancing itself from Google Analytics, instead it is co-aligning itself with them, which I am not sure if that's a smart idea. It is almost portraying itself as not enough by itself and doesn't have enough points of differentiation. Just my .02
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