Managing
Internet Media
Hopefully
by now you have begun to realize that your Web site is an important
part of your overall marketing plan. As such, it needs to be
promoted so that potential buyers can learn all about what you
have to offer. The beauty of educating your prospects online
is that it reduces labor time for your sales and support employees
who can spend more time closing deals instead of fielding inquiries.
In addition, the expense to send someone to your Web site need
not be overwhelming.
So, let's
start with the obvious: search engines and natural placement.
Your site should be optimized towards the most general and popular
terms. This is "free traffic" so you want to cast
your net wide. You can take the time to learn all about optimization
and spend hours doing it yourself, or you can choose to outsource
the project. Outsourcing prices will vary depending on your
site's basic design. Some sites require a completely new design
to be optimized - others just need some "tweaking."
The only way to know for sure is to have a professional evaluate
it. Many professional firms, like Web-Kare, offer free
site evaluations. At least at this point you can determine
how much all that "eye candy" at your site is really
going to cost you.
Whether
your site can be optimized or not, you can still take advantage
of Sponsored Placement ads. The secret here is good research
and constant monitoring. Because you are going to be charged
for every visitor that clicks on your ad, you want to make sure
that your ad appears only under the most specific terms -- terms
that are most likely to be buyers. You also want your copy to
be specific enough so that everyone viewing the ad knows exactly
what you're offering. Then, of course, you need to monitor your
ads on a regular basis to ensure that they are in a high enough
position to get results.
There
are several areas of Sponsored Placement that you want to document:
The number of clicks per term, the click-thru rate for each
ad, the average-cost-per-click and the number of "conversions"
(those people who visited your site and either placed an order
or completed your inquiry form). If you are able to document
actual sales - even better. This information will help you determine
the Return on Investment (ROI) you're getting from this program.
Beyond
the basics, you need to ferret-out other online opportunities
to list your site. The more targeted the resource, the better.
Publications and/or associations directly related to your market
are your first and best source. Some will list your site for
free, others will want a fee. Whether or not the listing is
valuable hinges on two things: does being listed in this resource
help your site's overall ranking and can you attribute actual
sales or inquiries back to this listing? Some listings are worth
more than others and you may be surprised to find out that the
more money you pay for a listing does NOT mean that the listing
is more valuable.
This
means that you need to document the date you submitted your
listing including any costs involved and document your leads.
If the listing source does not offer a way to document the leads
that they send to your site, you can create your own tracking
URL for E-mail inquiries. The simplest way to create a tracking
E-mail is to use the "?" in your link. For example,
let's say you are going to list at bigcompanylistings.com -
you can submit your E-mail address to them as myemail.com?subject=Big
Company Inquiry.
Check
your site statistics monthly. This will tell you where your
site visitors are coming from - check in the section called
"referrer traffic." Referrer means that this is the
site that sent you that visitor. If you see www.bigcompany.com
with 10 referrals, that means that they sent you 10 site visitors.
So, what
does it mean when it's your own domain sending your site traffic?
It can mean several things: first, these are probably return
visitors that have either bookmarked your site or your site
was in the cache of their hard drive - OR - they came to your
site via a link in their Email. If they had come to your site
as a result of an offline ad, they would be counted as "no
referrer" traffic because they would have to type your
URL in the address bar. So, you see a clue here?
That's right!
Call the "no referrer" traffic offline referral traffic
- except for the search engine robots that index your site.
By keeping good records of your lead sources, you'll be able
to make educated decisions about what's working and what's not.
If you'd
like some help with calculating your return on investment, click
here to use one of our online calculators.