Would you consider a marketing tactic a success if it didn’t ultimately put money in your bank account?
Consider this. You place an ad in the newspaper. One thousand people read the ad. And you consider it a success even though no one bought your product or service. Sounds silly, doesn’t it?
Well that’s exactly what many companies — who measure search marketing with number of clicks or top search engine ranking — are doing. And it’s a good way to dump a lot of money with little return quickly.
Measuring click volume or positioning doesn’t tie into business goals. Sure they may ultimately create a sale to impact the bottom line, but how often does it happen and what is the percent of the conversion. It’s the return on investment that’s important. Not just the activity taking place.
Now if you were to measure the number of people who took an action like signing up for your email list or making a purchase, that would make sense. Take a look at what you are measuring and make sure it’s the right thing.
A Message From Small Business Expert Denise O'Berry -- It's no coincidence that my initials are DO. I've been helping small business owners DO things to be successful since 1996. You can be successful too. The best way to have a sustainable business is to take action. Start now by implementing this small business tip in your business. And make sure you join my FREE Idea to Done community to help YOU get it done. Click here to join now!