The site traffic is an important statistic to measure. If you are just interested in where your website appears on the search engine rankings for a given keyword without considering the visitors coming into your website as a result of those keyword rankings then you will be flying blind.
Most ecommerce hosting providers such as business 1st (www.b-1st.com) will offer webstats to their customers, usually at no extra charge. There are two types of website monitoring to choose from.
First, a log file analyzer such as "Urchin" which is paid or the free "AWStats" used by business first can be considered. These are installed on the server that is hosting your ecommerce website. If the referrer option is turned on then you will be able to see from which website the visitor had come from. Log file analysers process visitor statistics in batch rather than in real time which leads to the next option.
A real time browser based tracking such as "WebStat" can be used which involves inserting a javascript tracking code or image on each page of the site that is to be monitored. Each time a page is loaded then that code will be able to update the statistics of that page and thereby providing real time information. Real time statistics tend to be more expensive than log file analysers.
The important metrics to measure when monitoring your website are as follows.
1) Keywords that visitors have typed into search engines to find your site should be checked regularly. You may be able to find unexpected keyword combinations that people have used to find your site which you could then focus on. If most visitors are using keywords that you are trying to promote, then that is a measure of success of your internet marketing campaign. If most visitors are using keywords that you are not trying to promote then you have chosen the wrong keywords and need to modify your campaign accordingly.
2) The search engine that people use to find your site can be tracked. Google will be the top of the list but you may find users that make use of specialist search engines that you may not have considered previously.
3) Referrals are the tracking of the actual websites that brought traffic to your site. From this you will be able to see the amount of traffic that you get from websites that refer to your site. Sometimes people type in your address directly into the address bar and these visitors are registered as "no referral" or "direct" entries. A technique to determine which visitors are typing in your address into the address bar, and which visitors have bookmarked your site is to use an icon file with your site which is displayed in the bookmarks menu as an image. Favicons are also useful for branding your business. You will then be able to check your server logs for fetches to this icon file which indicates approximately how many people have bookmarked your site.
3)The number of page views can be used to determine the most popular pages of your site. You will then be able to focus more effort to the pages that are less popular.
4) Visitor path is the route your visitors take when navigating your site. This can be helpful to show what visitors are usually looking for when they enter your site and can help diagnose navigational deficiencies.
5) Exit pages are the pages that people are looking at before they leave your website. Usually this will be the shopping cart software on your ecommerce website after they have made a purchase, assuming that your site has high conversion rate.
6) The length of time people spend on your site and on individual pages can be used to check if people are actually reading what is on a page or if that page's content is deficient so that people do not spend time reading the content. A short length of session should be addressed by improving the content of your site.
The importance of monitoring your website is to increase the chance of visitors purchasing a product from your ecommerce website. If you spend all your time making sure your website ranks on the first page of goggle without considering the above metrics, then you may end up with a good ranking but low conversion ratio. Nevertheless, rankings are important because if a customer cannot find your site. If you use the services of an SEO company, they must provide you with regular reports on your keyword rankings. You may also want to manually check the pagerank of your site. Webstatistics software do not usually provide pagerank information although you can download the Google toolbar to view pagerank information or you can download the Alexa toolbar to view your Alexa rankings.
You can also use Google to check how many pages Google has indexed off your site. It is important to check that all the important pages of your site have been indexed and if not then address the issue by checking on whether or not the page contravenes Google's webmaster code of conduct or if there are no links that point to that page such that Google cannot crawl into that page.
Probably most importantly is the need to check who links to your site which you can check by typing in your site's url prefixed with the link operator. You should compare who links to your site and who links to your competitors' websites and address any shortfalls on your site.