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    Home»How-to»How to set up a Conversion Goal in Google Analytics
    How-to

    How to set up a Conversion Goal in Google Analytics

    SachinBy SachinUpdated:August 25, 20175 Mins Read
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    Goals

    Every site and app has a purpose: to sell products or services, to cross-promote another site or app,
    to engage users. The purpose is achieved when a user accomplishes some specific action, like watching
    a video, reaching a new level, viewing a minimum number of pages, buying a product.

    It’s important to identify these milestones and give them values so you can track and measure the
    extent to which your users succeed

    Goals are a versatile way to measure how well your site or app fulfills your target objectives. You
    can set up independent Goals to track discrete activities, similar to exchanges with a minimum
    purchase amount or the measure of time spent on a screen.

    Goals setup

    1.     Click on Admin Tab

    2 .    Click on Goals

    Conversion goal setup image
    Conversion goal setup image

    Choosing a template or a custom Goal

    Choose a Template to see setup suggestions. These templates are designed to help you set actionable
    Goals that meet standard business objectives. You can edit any template field before saving a Goal.
    Choose custom to complete the setup process without any suggestions.

    Goal Types

    There are four Goal types, each used for a different kind of action you can measure as a Goal. If you
    use a template, the best fit will be suggested for you.

    conversion Goal types in google analytics
    Goal types in google analytics

    Goal Value

    Assign the monetary amount for a Goal Value during the setup process. For more information and
    an example, read Goal value. There are special considerations when defining up an Event Goal or a Goal
    that includes Ecommerce tracking.

    Verify

    When you finish the last step, click Verify to test your Goal setup. This test is based on data in
    your account, and not actual conversion data. It is not a projection of how well your Goal will
    Perform.

    Limits

    Goals are limited to 20 for each reporting perspective. To track more than 20 Goals, make an
    extra view for that account property, or edit a current Goal you don't require any longer

    Google Analytics is useful at suggesting common goal types. We should begin this by choosing one of
    their templates and after that we can move towards creating a custom goal.

    For example, email newsletter subscriptions might be a good goal to track. Click on the Sign Up radio
    button > Continue

    Goal setup in google analytics
    Goal setup in google analytics

    Next Enter a description for your Goal > Click on the appropriate type that determines what counts as a
    successful conversion.

    Goal description setup in google analytics
    Goal description setup in google analytics

    In this case, the type would probably be “Destination” because you might have a specific thank you
    page that indicates when a person has successfully subscribed to your newsletter.

    Goal destination setup in google analytics
    Goal destination setup in google analytics

    Define the exact page that indicates a successful conversion for newsletter registrations.
    Or in other words, go to the confirmation page of your newsletter registration and copy and paste
    everything after www.yourcompany.com.

    For instance, if the URL to your confirmation page is: www.yourcompany.com/newsletter-registration-
    confirmed

    Copy and paste “/newsletter-registration-confirmed” into the Destination field and make sure “Equals
    to” is chosen in the drop down.

    This is the fun part. You can assign monetary values to your goals. For example, let’s say that on
    average you convert 10{e7d47c856744df2248f2195fd30fbdddbceff01679799ef4d661e6a47ab6faaa} of your newsletter signups to become paying customers and your average
    transaction is $250, then you would assign a value of $25 to this goal (10{e7d47c856744df2248f2195fd30fbdddbceff01679799ef4d661e6a47ab6faaa} of $250 = $25). Or if
    you’re a mad genius salesperson and can convert 100{e7d47c856744df2248f2195fd30fbdddbceff01679799ef4d661e6a47ab6faaa} of your newsletter registrations, the monetary
    value you would assign for this goal is $250 (100{e7d47c856744df2248f2195fd30fbdddbceff01679799ef4d661e6a47ab6faaa} of $250).

    EXTRA CREDIT: Create a funnel to visualize the steps that need to be taken before a person signs up
    for your newsletter.

    Turn on the Funnel option > Enter URLs and names for the funnel steps.

    funnel setup in google analytics
    funnel setup in google analytics

    Based on conversion rates at each step of the funnel, you’ll be able to see why people aren’t signing
    up for your newsletter — Is there something about the page’s design that is causing confusion? Could
    your copy be improved? Are there bugs or technical issues?

    After you have set up your goal and funnel, and your profile has had some time to collect data, the
    funnel Visualization report will show the single most definitive funnel performance metric in Google
    Analytics: the Funnel Conversion Rate.
    If, during funnel setup, you made Step 1 of the funnel required as recommended above, the Funnel
    Conversion Rate is used to know the percentage of visits that included at least one page view of the
    first step before at least one page view of the goal page.

    In addition to the overall Funnel Conversion Rate, you can use the report to assess step-to-step
    drop-off.

    Let’s create a Custom Goal now. Keep in mind that you can only create a total of 20 goals. If you ever
    reach this limit, you can simply replace old goals with new ones.

    custom goal setup in google analytics
    custom goal setup in google analytics

    Click on New Goal > Click on the radio button Custom

    Let’s track “Engaged Visitors” this time based on how long they stay on your website for a given
    session. A good benchmark might be 125{e7d47c856744df2248f2195fd30fbdddbceff01679799ef4d661e6a47ab6faaa} of the average time spent on page by your visitors. If your
    average visitor spends 2 minutes on your website, your highly engaged users could be people who browse
    the site for longer than 2 minutes.

    engaged visitors in google analytics

    goal details setup in google analytics

    Click save You now have two Micro Goals set up ! Micro Goals are typically actions that visitors take before purchasing.

     

    More Interesting :

                   ABSOLUTE BEGINNER’S GUIDE TO GOOGLE ANALYTICS
                  GOOGLE PAYS 3 BILLION DOLLARS TO APPLE EVERY YEAR
                  THIS FACEBOOK MESSENGER BOT WILL FIND YOUR DREAM JOB

     

     

     

     

    Sachin

    Sachin Reddy is the founder and blogger at Techmediaguide.com. Certified Inbound Marketer, Tech Savvy & Brand Promoter. His passion lies in Blogging. For Sachin, night is day and online gaming is a serious sport. One can always find him enrapt to his laptop screen.

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