• Data-Driven Marketing & User Behavior Analysis

The Role of Form Insights in User Behavior for Data-Driven Marketing Strategy

  • Mike Hakob
  • 6 min read
The Role of Form Insights in User Behavior for Data-Driven Marketing Strategy

Intro

As businesses work towards effectively engaging their online visitors, it becomes extremely important to gather and analyze user behavior.

In the internet era where every click, scroll, and submission holds a wealth of information, form insights revolutionize the game by providing businesses with a comprehensive understanding of the intricate relationship between users and online forms.

In this article, we will discuss the important role of form insights in interpreting user behavior and how this valuable data can serve as the foundation for a strong, data-driven marketing strategy.

Here we go!

Understanding Form Insights

Form Insights is an advanced analytics tool that aims to offer a detailed analysis of how users interact with online forms. It goes beyond just tracking form submissions and provides a comprehensive understanding of user behavior throughout the entire process of filling out the form.

Form insights are a common practice for businesses. Recent studies prove that 50% of marketers rely on inbound marketing strategies, particularly online forms, as their main method of generating leads.

Nevertheless, the fact that nearly 70% of website users abandon online forms makes us reconsider how marketers and businesses approach this crucial strategy for comprehending user behavior.

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In a nutshell, form insights offer conversion-focused data that lets you keep tabs on every step a visitor takes when completing a form on your website. This includes their starting point, moments of hesitation, form abandonment spots, mouse activity, and many more.

In the following sections, we will cover why analyzing form insights is vital for any business and how you can use this powerful tool in developing and expanding your data-driven marketing strategy.

Why Form Insights are important for your business?

It's not just a stroke of luck that makes businesses successful.

They never stop enhancing their product or service, processes, marketing strategies, and customer experience based on data analysis. And form insights can certainly offer valuable data beyond just form performance. They offer priceless information and practical observations about how users behave while filling out forms.

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Let us share with you several key reasons that highlight the significance of using form insights for your business:

1. Simple Yet Super-Efficient

Online forms, unlike sales data analysis, are undoubtedly the easiest and optional way to gather data, even before any purchase is made. They can also provide insights into why your sales aren't meeting expectations.

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As we already mentioned above, nearly 80% of online forms are abandoned by users. Form insights can help businesses identify where users are dropping off during the form-filling process. By understanding the reasons for abandonment, businesses can make necessary adjustments to reduce friction and encourage completion.

You can create your form using Google Forms or choose from a wide variety of online templates that you can easily access and start using.

If you're looking to gather survey responses from people, just use one of those templates to whip up your questionnaire. And when you send out those clickable email links, the form magically pops up in your trusty default email program.

2. Boosting Data-Driven Decision-Making

One of the best things about online forms is that they offer a wonderful way to gather and analyze all the necessary data in a consistent and super-safe manner.

It’s not a secret that companies can greatly benefit from data-driven marketing decisions. However, according to Forrester, only a small fraction of data (less than 0.5%) is analyzed and utilized. They also estimate that if a typical Fortune 1000 company could improve data accessibility by just 10%, it would result in over $65 million of extra net income.

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The good news is that online forms can serve as a nifty tool in the digital transformation of businesses, making it super easy to increase data usage and, as a result, make more data-driven marketing and business decisions.

3. Reducing Form Abandonment

As we already pointed out, more than half of online forms get abandoned by users. Insights from forms can assist businesses in pinpointing where users are giving up while filling out the form. By comprehending the reasons behind this abandonment, businesses can make the necessary changes to decrease any obstacles and motivate users to finish the form.

4. Enhancing UX and Increasing Conversion Rates

By keeping tabs on how users interact with forms, businesses can pinpoint and tackle areas where users may be experiencing difficulties. This ultimately enhances the user experience (UX), making it smoother and more enjoyable.

Form insights also have the power to increase conversion rates for any business. Understanding user behavior and addressing specific pain points will let you optimize your forms for better conversion rates.

How to track user behavior and gather data through Form Analytics?

With the help of form analytics, it is possible to gather diverse data, including essential demographic details, interactions with forms, feedback, abandonment rates, and beyond. Now, let's delve into the intricate specifics of some pivotal data points.

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Demographic Information

Online forms, serving as a virtual handshake, allow businesses to gather key demographic data. This data includes geographical information, age, and gender insights, and occupational details that let you take your content personalization to a brand new level.

Form Interactions Data

Exploring the complexities of how users engage with forms yields a treasure trove of data, encompassing statistics on field completion rates, device and browser preferences, as well as the time spent filling out forms.

Feedback and Opinions

Forms provide a convenient way for users to share their thoughts and opinions. You can tap into this goldmine of qualitative data to gather user feedback, and preferences, and assess customer service.

Abandonment Rates and Reasons

Forms let you collect abandonment data as well.

By understanding abandonment rates and reasons, you can greatly optimize the user journey.

What are the Techniques for data collection?

Various techniques serve as beacons, guiding businesses to gather valuable insights from online forms. These include surveys, feedback forms, lead generation forms, and more.

Surveys are like Swiss Army knives in the world of data collection. They provide a structured approach to finding out what users think and want. Using surveys, your business can gather quantitative data that will help to analyze trends and patterns among your audience.

Feedback forms are like a direct hotline to the voices of users. Whether they're measuring satisfaction levels or uncovering areas for improvement, these forms give businesses valuable qualitative data that are crucial for making the products or services even better.

At the same time, lead generation forms are powerful tools for businesses looking to cultivate potential customers.

How to Integrate Form Insights into Marketing Strategies

Let's now explore how your business can seamlessly weave form Insights into its marketing fabric, unlocking the potential for customization, engagement improvement, audience segmentation, personalization, and overall campaign optimization.

Customize Marketing Campaigns to User Data

To tap into the magic of form Insights, the first step is to customize your marketing campaigns using the treasure trove of data collected. By getting a grip on user demographics, preferences, and behaviors through form submissions, you can tweak your messaging and content to strike a chord with specific target audiences. This level of customization not only boosts the effectiveness of marketing efforts but also reinforces the bond between the brand and its audience.

Most famous companies rely on online forms for gathering important information and feedback from their customers. Apple, for instance, employs NPS surveys to gather feedback from retail customers, aiming to enhance store experiences.

apple

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Every customer, whether a purchaser or a visitor, receives an email survey, and intriguingly, comments from these surveys are often displayed on the big TV screen in the break room of many retail stores.

Plan Strategies for Improving Engagement Based on Data

Form insights provide a guide for boosting engagement by pinpointing areas of concern and preferences. Amazon, a leader in data-powered marketing, uses user data from forms to improve its website design, recommending products based on user actions.

amazon

With these valuable insights, businesses can strategically plan enhancements to create a smooth digital customer experience and increase engagement levels.

Audience Segmentation

Audience segmentation is an essential part of a successful marketing strategy, and form insights are crucial in this regard. For example, Airbnb uses data from user forms to divide its audience into different groups, allowing it to create marketing messages that are tailored to specific demographics or preferences. By comprehending the various needs of these segments, businesses can create focused campaigns that truly connect with specific user groups.

Personalization of Marketing Efforts

Personalization creates a stronger bond between brands and users, and insights from form data are the key to unlocking this potential. Take Spotify as an example, they use user preferences to create personalized playlists and recommendations. By incorporating form data, businesses can customize their marketing efforts by delivering content that matches each user's likes and preferences.

Campaign Optimization

Form insights create an ongoing feedback cycle to optimize campaigns. HubSpot, a top player in inbound marketing, uses data from forms to fine-tune its lead-generation tactics. By consistently analyzing form interactions, companies can make real-time adjustments to their campaigns, making sure they keep up with changing user behaviors and market trends.

Final Words

As proven by industry giants like Apple, Amazon, and Spotify, incorporating form insights into your marketing strategies is not just a fad; it's the current craze for digital triumph. It's not only about counting clicks and submissions; it's about truly analyzing, predicting, and surpassing what users expect.

So, keep in mind that form insights are not boring data; they're about cracking the code of your audience's language, orchestrating campaigns that strike a chord, and ultimately, taking a grand bow on the stage of marketing brilliance.

Mike Hakob

Mike Hakob

B2B writer for SaaS and digital marketing brands

Mike Hakob is a seasoned digital marketing maven with over 15 years of mastery, and the visionary Co-Founder of FormStory. As the driving force behind Andava Digital, he has dedicated his expertise to empowering small to medium-sized businesses, crafting tailor-made websites and pioneering innovative marketing strategies. With a graduate degree in Management of Information Systems, Mike seamlessly blends the realms of technology and marketing, consistently setting new industry benchmarks and championing transformative digital narratives.

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