Goals (with a capital G) are a way to measure business objectives for your website in Google Analytics. Goals must correspond to a measurable action performed by your website's visitors, for example, a visit to a "thank you" page. This combination of a business objective and a measurable action make up a Goal. To use a real world example, the Lakers objective is to win games, and the measurable action is scoring baskets. Keeping this goal in mind helps the team focus on winning and not worry about things that don't matter -- like the number of times the team is photographed or their average height. Goals serve this same purpose in Google Analytics. You can get lots of Tutorials in the web search where you can find how to set up the goal-funnel in the Google Anaytics. Hope this will help you.
How to set up a Goal and Funnel: Step 1) Define your Goal Funnel Navigate to your website, and move through through the steps required to complete your Goal. As you navigate, note down the URLs for each page in the sequence (or take screenshots). If the sequence includes only one step (the Goal) than you don't need to define a funnel at all. If the sequence includes events other than pageviews (such as clicks), you will need to use virtual pageviews or another method beyond the scope of this tutorial.
This is something that I've been juggling with for quite some time and until still I don't get the point of goal setting in Analytics. I know some of its basics but haven't tried actual.
Goal set is the functionality offer by Google to set your ranking progress goal of your website. You can set your goal of your highly targeted keywords and track the progress.
To get started with Google Analytics goal tracking, you need to first set up a goal. It is a pretty simple process. You need to copy the URL of the webpage (the 'thank you' page being the case in point) and paste it in the Goal text field. You should then assign a name for the goal and activate the process. Every time the page is displayed to a visitor, Google Analytics increments the goals counter. So, by looking at the number in the counter, you can find the number of conversions on your website.
Goals are where you track specific activity on your site including, contact form submissions, conversions, ecommerce sales etc. This is a simple, yet great way to track exactly what is happening on your website. Google Analytics is a very powerful tool and used correctly it can give you lots of very important stats and demographic data.