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6 Things about Conversion Tracking in Digital Marketing

  • Allua Tech
  • Nov 29, 2019
  • 5 min read

Updated: Oct 20

Are you struggling with the result yielded from your past advertising campaigns? Are you in doubt about whether the right group of people is targeted? Are you feeling lost and confused while choosing the right marketing channels? Are you wondering why you cannot retain old customers?

Conversion tracking is a way to monitor the effectiveness of an ad campaign, it ultimately helps you to collect and analyze your customer’s behavioral data, how and when they decide to make a purchase, put their name on your email subscription list, give you a call, download you app, and more.


1. Revisit Your Goals Again


Back to square one. What do you have in mind once you establish your marketing website, or designing this campaign? What do you want to achieve in the first place? Promote a new service or product of yours? Or to simply gain exposure in the increasingly competitive market? Now you have a foundation to build on, it is time to come up with a defined, established and quantifiable objective based on your past result from campaigns with similar natures, groups that you would like to reach out, and more. Sometimes learning from your competitors and acquiring predictive trends from industry news help with your brainstorming as well.


2. Different Types of Conversion Marketing KPI


Key Performance Indicators (KPIs) are essential for measuring the success of any campaign, including social media marketing initiatives. They provide clear metrics to evaluate whether your objectives are being met, ensuring your time, effort, and budget are well-spent. Without KPIs, it’s impossible to gauge the effectiveness of your strategies. Common KPIs like impressions, clicks, and bounce rate (the percentage of visitors who leave your website without further interaction) are critical for assessing reach and engagement. For social media, we recommend tracking additional KPIs such as engagement rate (likes, comments, shares), follower growth, and click-through rates to links in posts. These metrics reveal how well your content resonates with your audience. Conversion rates, such as sign-ups or purchases driven by social media, are also vital to measure ROI.


3. Marketing Channels


When comes to exploring new marketing channels, some marketers could be quite conservative and tend to cling to those proven channels. It is important to explore around and keep yourself up to date, as everything in the world of digital marketing is moving at the speed of light. The right path is never easy, but you could learn by trial-and-error. No matter what your starting point is, always nurture a good understanding of the available channels you can leverage on. Perform AB testing among channels and make varied attempts with your marketing materials until a combination with the best performance is yielded. Here are several types of online marketing channel that you may consider.



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4. Define a Conversion Funnel


An optimized conversion funnel is crucial for online marketing success, as potential customers often require multiple interactions with your advertisements or website before converting. Every website and piece of online marketing material inherently has a conversion funnel, whether intentionally designed or not. This could range from encouraging sign-ups for a one-off e-book to fostering long-term subscription plan cohesion. By visualizing and understanding the customer journey, we can refine the flow and identify leaks in the funnel. Incorporating Generative Engine Optimization (GEO) further enhances this process by improving discoverability with AI-driven search engines: optimizing for conversational queries, analyzing user intent and refining content with relevant keywords, statistics, and engaging formats.


5. Analyze Conversion Data


In an ideal world the funnel should drive all your customers straight to your desired actions, not one less. But in reality, only some of them can make it to the bottom of the funnel. By studying the data you obtained along the funnel, you should be able to come up with answers to the following questions.


  • What behaviors lead to conversion?

  • Which channel drives the highest conversion?

  • What prevents people from moving to the next step?


After you have pinpointed where you have issues in your funnel, it’s time to take action and get rid of them. Changes can range from subtle tweaks, like replacing a word with a synonym, to overhauling the entire website layout. There’s no one-size-fits-all approach, so blindly copying competitors’ practices is ineffective. As such, partnering with the right marketing agency is critical for achieving corporate marketing success. A proficient agency commands data interpretation, dissecting funnel metrics to identify weaknesses with precision. We deliver actionable insights and harness cutting-edge tools to predict trends, driving targeted adjustments that surpass the capabilities of most corporate clients.


6. Refine marketing campaign


Now, as you have analyzed the conversion data, it’s time to refine and improve the marketing campaign. You may find come across some issues while you are going through your findings, such as:


  • Crafting a pleasure experience for your customer while browsing your website. Page design made it difficult for users to visit, it could be too much visual elements, or simply technical bugs and slow loading speed preventing users from continuing their journey online

  • Targeting the wrong group so no one seems super excited about your campaign/website

  • Influencer marketing result wasn’t as expected. What went wrong? Where and when did everyone drop off?

  • A/B testing shows that the result of A is better. You could commence campaign A, or create a campaign C and see which performs better, so in the long run you could ensure all the investments made are yielding positive results.


Conversion tracking tools offered by Google, such as Google Analytics and Google Adwords are the most popular and free analytics software suitable for any type of business. They equip you in-depth detail about your customer’s behavioral data and streamline your analysis in regards to point 5 and point 6. User testing tools such as heat maps (which generates a visual map showing where your customers focus on your website), surveying, pop-up boxes to be embedded in your websites etc. are all at your services too!



With a strong presence across Hong Kong, Taiwan, Mainland China, and Singapore, Allua stands as a trusted partner for brands looking to make a meaningful impact in Asia’s digital landscape. As a seasoned market player, we’ve empowered hundreds of ambitious brands to elevate their marketing strategies through innovative digital solutions, animation & video production, data-driven campaigns and all. Our track record includes collaborations with global names like UNICEF, Siemens, and HSBC - a testament to the trust and results we consistently deliver.


Looking to replicate the success of industry leaders? Let’s start the conversation.



 
 
 

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