Many businesses regularly invest their hard earned income on advertising that they have seen work in the past or they just recognise as being 'established'. The belief is that it has been around for a long time so it must produce the results needed.
A famous quote which starts to question this is '50% of my marketing works, I just don`t know which 50%'.
This summarises the challenges for most businesses as they want to make sure they are not wasting money and yet few service providers will openly show the results of their marketing.
As a consequence the business owner is never quite sure which part worked and why.
They often has to ask 'how did you find us?' to try and track the success of their marketing.
Can you justify to your CFO (Chief Financial Officer) every marketing investment & prove marketing ROI and accountability to your CEO?
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The First Law Of Marketing Is To Track & Test What Is Working
Are you tracking & testing your prospect sources, conversion data and visitor activity to your website?
What are your costs to get a new customer and what is the
cost of the sale?
Tracking & testing is a critical part of your business and will 'future proof' your business.
If you don`t know what is happening how do you know if your offline as well as online marketing is improving or not?
These are the questions that I ask every new client:
1) What is your conversion rate?
2) How much are you investing to get prospects to your website?
3) How much traffic do you get?
4) What is your websites gross revenue?
5) Do you have a sales monitoring system in place?
6) How many marketing channels are you using?
On average around 25% know the answers to questions 1-5 and the most answer '1' to question 6.
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The first point that everyone should know that every website has some kind of analytics on their website.
You may or may not know they exist or use them for your business.
We would suggest that you install Google Analytics on your website which is completely free and one of the most powerful analytics packages in the world.
You can track the success of much of your offline marketing with this method, effectively.
Instead of wondering how successful that Yellow Pages advert was or that editorial in a magazine was, why not create a unique URL on your website.
Are you tracking & testing your prospect sources, conversion data and visitor activity to your website? What are your costs to get a new customer and what is the
cost of the sale?
Tracking & testing is a critical part of your business and will 'future proof' your business.
If you don`t know what is happening how do you know if your offline as well as online marketing is improving or not?
These are the questions that I ask every new client:
1) What is your conversion rate?
2) How much are you investing to get prospects to your website?
3) How much traffic do you get?
4) What is your websites gross revenue?
5) Do you have a sales monitoring system in place?
6) How many marketing channels are you using?
On average around 25% know the answers to questions 1-5 and the most answer '1' to question 6.
Contact us
Where Do You Start?
The first point that everyone should know that every website has some kind of analytics on their website.

You may or may not know they exist or use them for your business.
We would suggest that you install Google Analytics on your website which is completely free and one of the most powerful analytics packages in the world.
You can track the success of much of your offline marketing with this method, effectively.
Instead of wondering how successful that Yellow Pages advert was or that editorial in a magazine was, why not create a unique URL on your website.


