Online marketing is an ever-winding maze of intricate tips and changing trends that can be hard to navigate. The best takeaway any small business can put into practice when developing a plan is to focus on how consumers are using online media. Implementing any number of these strategies into your online marketing plan will ensure your brand stands out and set you up for a successful 2019.
I liken this to a paradoxical Catch-22 scenario, because it seems like without one you can't have the other. It takes money to drive traffic, but it takes traffic to make money. So don't make the mistake that millions of other online marketers make around the world. Before you attempt to scale or send any semblance of traffic to your offers, be sure to split-test things to oblivion and determine your conversion rates before diving in headfirst.
If you were to drive 200 clicks to your product offer that cost consumers $200, you’d be lucky to get one sale. If those clicks cost you $1 each, you would actually need one sale to break even. On the other hand, if you offered a tripwire in the form of a scaled down product or some other incredible deal, and you offered that for say $7, you would likely get more like a 5% conversion.
Personalization. Without personalized messaging, you’ll miss out on a significant number of conversions. Leverage marketing automation’s tracking capabilities to tailor your conversations with your contacts. Personalization works: 88% of U.S. marketers reported seeing measurable improvements due to personalization — with more than half reporting a lift greater than 10%.
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