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How to Measure Your Internet Marketing Performance
by Charlie Cook
Copyright 2005©. All rights reserved.
Do you know how to get the numbers you need to accurately evaluate
the performance of your company's internet marketing? Before selling one of my early
sites, I had no idea.
In the late 90s I had a web site I'd developed that was getting well
over a million 'hits' and over three hundred thousand 'page views' a
month. When ZDNet approached me about buying the site.
I thought I'd hit the jackpot and that it must be worth tens of milli0ns.
Before we even started negotiating on price, though, they wanted to run
a test on my site by adding code to the homepage so they could do their!
own evaluation.
The numbers I had been tracking, hits and pages views, didn't help
them determine the value of the site. Hits are the number of individual
gifs and items that load each time someone visits a page. Page views
tell you how frequently different parts of your site are being seen,
but you could have a large number of page views triggered by a small
audience.
ZDNet wanted to put tracking code on my homepage to determine the number
of 'unique visitors' to my site. This would tell them how many visitors
I was attracting per month and what percentage of these were unique visitors;
new visitors who hadn't already my site or visited one of their own sites.
Learn the strategies and techniques you can use
to increase visitors, sales and cash flow with Creating
Web Sites that Sell.
In Creating
Web Sites that Sell you'll learn how to build traffic to your sites
and how to convert these visitors to customers.
Use this link to improve your internet marketing with Creating
Web Sites that Sell >
The more 'unique visitors' you are attracting to your site the better,
but you could attract a zillion visitors a month and it wouldn't help
you at all if none of them contacted you or bought from you or at least
clicked on the ads on your site. The key question in evaluating your
web site's performance is:
What percentage of site visitors take the action or actions you want
them to take, whether it is subscribing to your newsletter, emailing
you, calling you to inquiry about your services or making a purchase?
To evaluate your site's performance first look at your web usage statistics
to identify the number of unique visitors your site receives each month.
Once you have this number, divide it by the number of people who took
the action you wanted them to take. This is your site's 'conversion rate'
and is the second number you want to look at each month to determine
how well your site is performing.
Let's say that you had thirty thousand unique visitors each month and
generated 30 sales. Your conversion rate would be one-tenth of a percent.
If you generated 300 sales, your conversion rate would be one percent.
A 1% percent conversion rate is a healthy rate for most businesses on
the web.
If you offer a free newsletter, your objective is to get as many people
as possible to sign up for it, to maximize your conversion rate. While
you may only get 1% of people to buy your products during a given month
you should be able to get 5-15% of site visitors to give you their contact
information so you can stay in touch with them.
Try
the Free Web Site Conversion Calculator >>
Want to improve your web site marketing and increase your web sales?
1. Increase the number of unique visitors to your site.
2. Get more people to contact you and buy from you.
Track your conversion rate as a first step to identifying where and
how you can increase your online profits.
Want help driving more traffic to your site and increasing your conversion
rates?
Are you struggling with your website marketing?
Learn the strategies and techniques you can use
to increase visitors, sales and cash flow with Creating
Web Sites that Sell.
In Creating
Web Sites that Sell you'll learn how to build traffic to your sites
and how to convert these visitors to customers.
Use this link to order Creating
Web Sites that Sell >
Do you feel like you're reinventing the wheel with your website marketing? Want an expert to show you what to do and how to do it to jumpstart your
online sales?
Charlie works with small business owners and marketing professionals
to increase sales and profits. Current clients include individual entrepreneurs,
an owner of a chain of physical therapy offices, a group of 150 financial
advisors, a division of a Fortune 500 company, to name a few.
"With his help we've increased web traffic,
doubled lead flow and seen our sales increase by hundreds of thousands
of dollars already. I'll be recommending Charlie to all our other business
units."
Mike Trowbridge, VP Marketing, Fairfield Resorts
Charlie Cook helps
service professionals and small business owners attract more clients,
reduce costs, make more money and be more successful. Learn how to Get
Attention, Position your business and Sell more products and services.
Call 1-800-795-1858 for more information. Or visit http://www.marketingforsuccess.com/mentoring.html
"I love your website marketing book so much
that I've bought three of your marketing tools, my favorite being 'Creating
Web Sites that Sell'. I used to see marketing as a puzzle; now all
the pieces are falling into place.
Your marketing manuals contain
a wealth of information that simplifies what I do. They ! have helped
me be more productive and get many more clients. Highly recommended."
Susan Robichaud, Visual Communications Inc.
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