Tracking Marketing Effectiveness with bit.ly posted by Craig Oda at Tuesday, March 17, 2009

There are many services to shorten URLs for posting on Twitter, Facebook, blogs, and LinkedIn. A popular service, bit.ly, recently added analysis capability which makes it much more useful to assess the success of social media campaigns. The basic idea is to apply a unique URL to each specific channel, Twitter, blogs, YouTube. Although the use of unique URLs is an old technique, bit.ly makes it easy to set up unique URLs without having to ask technical staff for help. The bit.ly service, which sees about a third of the monthly visitors as the more popular TinyURL, also presents the data as a set of graphs that are easy to view. Marketers can now set up and track things on their own.

I previously used notlong.com which has a similar tracking capability and the additional advantage of creating unique URLs. For example, I used notlong.com to create and track this URL for a blog posting on social media ROI.

http://mediaroi.notlong.com



Although it is nice to have a custom URL, a feature that bit.ly lacks, the analysis capabilities of notlong are much weaker than bit.ly.

If you set up a bit.ly account, you are presented with a dashboard of all your links. In addition to total views by date, bit.ly also presents charts and tables for Referrers, Locations, retweets on Twitter, and FriendFeed usage.

This level of features is much much better than TinyURL, a service with 1.75 billion hits per month. TinyURL does have a stealth feature that hides the original URL. This is a useful feature that bit.ly lacks, for those cases where you want people to get information but you may not want them to know who hosts that site.

The is.gd service offers URLs that are one character shorter than bit.ly. However, it lacks the tracking and analysis features. The is.gd service has shortened 5.5 million URLs to date.

There are numerous other URL shortening services, including budURL, eweri, hex.io, idek.net, lin.cr, POPrl, snipurl, twurl, and urlBorg. budURL, designed by Andy Meadows, has features for marketing people at small businesses, including a useful dashboard and a clickstream of URLs. However, the level of analysis isn't as deep as bit.ly right now. POPrl has a dashboard for tracking and a nice web page to view the most popular content that is being linked to.

bit.ly has a edge over the other services right now due to very strong analytics. It seems that they could easily turn their dashboard into revenue by placing advertisements on the side of the dashboard. I think that they should also develop more analytic features and offer a commercial service to marketing firms. There's an opportunity for bit.ly to become the Google Analytics of URL shorteners, the preferred tool of choice in any marketer's toolbox.

Here's another screenshot of bit.ly analytics.

This one shows a view of retweets.