Developed it back when I was doing microsites, and I wasn't really sure what to do with it. My main question: why do people visit, anyway? I figured I'd know what to do with it once I figured out why people were there.
So I did just what these guys did. I created a list of buttons down the page with all the possible things people visiting a site called paycheck stub might want. Hooked them all into Google Analytics. Paycheck templates? Fake paychecks? Loans? Payroll services? A job? Sample paychecks for school or presentations?
Very interesting results. First, about 90% didn't want any of that. God knows why they were there. But out of the other 10%, I got a couple pieces of useful information. They were looking for payroll services. So I put up some banner ads. (I think I took down the Adsense. Can't remember)
That, in turn, provided more ad revenue than simply using Adsense on the site. It also provided me with a list of topics to develop and some search terms to try to hit.
So I developed those topics and tried to do better on those search terms. At one point I was almost ready to jump into online payroll. Fun times!
Then Google killed my search ranking -- I wasn't paying for links or spamming. Beats me why. I got so frustrated with them I gave up.
Still get quite a bit of traffic, though. But now, I'm sure, the traffic pattern is completely different. I wonder if, for static sites with a lot of content, this is something you should repeat every year or so?
Like these guys, I found it a rewarding experience, both for my understanding of the site and for my readers. The reason I'm posting is that many times we view this as a step on the way to creating SaaS, but it can be just a great way to connect with your readers. I bet it's extremely applicable for a lot of blogs.
Wish I could have figured out why those other 90% were there.