The benchmarking reports allow organizations to compare their performance across a number of metrics to their peers. Peers can be defined by some combination of:
Google Analytics helpfully defaults to representative peer groups for Industry Category and Sessions per Day, but you can change these — and Geographic market — to whatever you want! Google’s selections are fairly accurate.
The metrics available in Benchmarking reports are:
Google Analytics offers three benchmarking reports:
Each benchmarking report tells you the size of the peer group you’ve chosen:
Who are these 155 web properties? The peer group is comprised of other organizations who have Google Analytics on their sites, have opted in to benchmarking (as you have — see Google Respects Your Privacy below) and meet the criteria you’ve set (see image above). In this case, the criteria are sessions from Texas from large Shopping sites.
Google Analytics will choose an Industry Vertical for you. Most industry verticals have many, many subcategories. Be sure to take a look at these and choose your own. “Shopping” includes “Women’s Clothing”, “Auction”, “Uniforms & Workwear”, etc.
For the example below, in this particular country, France, key insights include:
If we do have Social, Display, Email and Paid Search campaigns, maybe we are not using Google Analytics campaign parameters to track them. Campaign parameters tell Google Analytics how to report on our marketing projects.
By exporting data (by choosing Export from the Benchmarking – Channels report and exported to Excel (XLSX) format) and comparing only those channels in which we actually participate, we see that Organic Search makes up a larger percentage of total sessions for us than it does for our peers. While this is interesting, we simply don’t know enough about our peers to develop any actionable insights.
Looking at year-over-year growth, for organic search, our sessions increased 25% compared to 1% for our peers. This seems more actionable.
Organic Search | Referral | Direct |
---|
US | Peers | US | Peers | US | Peers | |
---|---|---|---|---|---|---|
2015 | 131,571 | 110,064 | 25,598 | 28,856 | 44,596 | 58,978 |
2014 | 105,214 | 108,739 | 26,461 | 35,211 | 45,922 | 62,144 |
% Change | 25% | 1% | -3% | -18% | -3% | -5% |
*Note: data by country is not available prior to May 8, 2014
Benchmarking can be used to determine performance for key performance indicators (KPIs) or goals, as in targeting:
Brazil nuts in their pod https://www.stdf-safenutproject.com/
Would it be appropriate to use Google Analytics’ benchmarking report as benchmarks for KPIs or goals? In a nutshell, no!
There are many reasons why Google Analytics’ benchmarking reports should be used very, very carefully, such as:
It is tempting to say (using the report above): “We are awesome! Our bounce rate is 6 percentage points lower than our peer group! Bonuses for everyone!” This would be bad analysis.
For reasons like these, E-Nor recommends thoughtful caution when using the metrics in Google Analytics’ benchmarking reports.
In order to access Benchmarking reports, you need to give Google access to your data in the Admin panel at the Account level by checking the box next to Benchmarking as shown in this image.
Also, as noted to the right: All identifiable information about your website is removed and combined before it is shared …
This also means that you cannot find out which other websites are in the peer group you choose.
If the benchmarking report is too busy visually, the metrics and heatmap visualization can be toggled off using these buttons:
Google Analytics Support for Benchmarking Reports
Google Analytics Blog Announcing Benchmarking Reports
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