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 News March 2008

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Double your business - at no cost!

There are 2 reasons for this headline.  First I want to test the effect of the subject line of a newsletter on opening rates.  This promise seems to me to be one of the sexiest for any web marketer.  They may not believe it but they should at least have a look to see what it is all about.

Over the last 3 months the open rate on these newsletters has dropped to about 20%.  This is data provided by my email service provider, Vertical Response.  You should be cautious about comparing it with your own data from other service providers since there are variations in methods of collecting the information.  Next month I shall tell you the result for this issue.

The second reason for this subject is to reiterate a message I have explained before but that has yet to be acted on by most website owners.  The key to the profitability of websites is their effectiveness in converting visitors to customers.

Search Engine Marketing budgets are mainly spent on Pay per Click advertising to attract visitors fast, or on optimisation to improve the position in natural rankings so as to attract those same visitors at lower cost.  Yet it is quite normal for successful sites only to 'convert' 1% of their total visitors.

If you can double that conversion rate to 2% you win twice the customers without any additional expense in attracting them in the first instance.

To succeed you must understand your customers and provide them with the information and service they want.  The main areas to check are:

  1. Your own credibility as a supplier.  Have you told them who you are, how you are organised and given them reason to choose you as against the competition?
  2. Your Home page.  Most visitors will start here and your have up to 10 seconds to persuade them to look further. If the Home page does not succeed the rest of the site is irrelevant.
  3. Your site navigation.  Can visitors find the information they need quickly and easily?  Do you encourage them to go to the checkout or sign up pages?
  4. Are you getting the type of customer you want?  Inevitably many of your leads will not be suitable or immediate potential; but you need to check that your target customers are included.
  5. Are you testing regularly other formats and ideas?  Don't make assumptions. Develop hypotheses. Then use the ones you have proven to work.

 

 

 

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in the London Borough of Richmond upon Thames