Wayfair: Where E-Commerce Meets Web Analytics
Web analytics, which monitor visitor traffic and customers, is very important for e-commerce retailers. In contrast to a typical brick and mortar business, online stores do not have the opportunity to interact directly with customers. Because they are not able to see facial expressions or hear the responses of their customers, web analytics serves as the “eye and ears” for the company (“Why You Need”, n.d.). Approximately 40% of online shoppers begin by performing a search; using analytics, ecommerce companies are able to remain ahead by anticipating market changes (“The Importance of Ecommerce”, n.d.). Wayfair, a home goods e-commerce company founded in 2002, is an example of an online company that uses web analytics to monitor traffic and visitors. Web analytics is so important for the e-commerce company that Wayfair has an in-house SEO team that analyzes the data which is imported into their proprietary in-house tracking systems daily (“Wayfair”, n.d.). The company u...