How to create a successful strategy for online sales success. We show you each of the four steps you need to understand to create an online sales model for any website owner or manager
5. Why online marketing? If you want to grow your business, you need to grow your sales Millions use search engines to find your services online everyday Getting online marketing right can drive £££’s in sales
7. Who uses the Internet? 36,820,000 Internet users in the UK – 72% of market 21.8 million use Internet everyday UK averages 34.5 hours per month per user vs EU average of 16 hrs!
13. To start your plan… What is your AOV (Average Order Value) - You need to know this! How much profit could you make on an average order? - Help decide how much to spend on marketing How much do you want to grow your business? - Can you actually cope?
15. How estimate traffic levels Google gives us a lot of tools to help us with this now - Take all numbers with a pinch of salt Consider SEO and local listing traffic as well - Free traffic and lots of it! Think about offline marketing (if you do any) - This can impact visitors to your website
22. Conversion rate Two step process; - Conversion rate of people from SE to your site - Conversion rate of people on your site to enquiry Every site is different but we can use industry research to make educated guesses
27. Conversion rate From our own research we estimate about 2% click through rate on top positions on Google This is VERY industry specific and depends on numerous factors (0.6% to 78%!) Read more: http://blog.adido-solutions.com/2009/07/how-accurate-is-google-keywords-tool.html
28. Get better click through rates - SEO META descriptions - Used for search engine results pages - Good way to ‘hook’ users into your website TITLE tags - Most important thing to change - Good titles, help rankings. Fact. Change them!
29. Get better click through rates - PPC Top tips! - Include the phrase the you are targeting in the headline and / or description - Take the user to the most relevant page on your website
30. UK average conversion rates http://www.coremetrics.co.uk/solutions/industry-report.php
31. On site conversion rates Average UK online conversion rate is between 1% - 3% Again, this is VERY industry specific and depends on numerous factors (0.5% to 10%!) You have to measure this – website stats (Google Analytics)
32. How to improve conversion rates #1 tip : Check your website stats! - Which are pages going wrong? #2 tip : Make design changes - What is stopping people from buying - ASK PEOPLE! #3 tip : Review and continue to monitor - Look to make continual improvements
33. Top tip! - Check your bounce rate! Where are you losing clients?
37. Back to our scenario… Possible traffic on target phrases: 500,000 Average click through from Google: 2% of 500k = 10,000 Average conversion rate: 2% of 10,000 = 200 AOV: £100 x 200 = £20,000
39. How much to spend? Each industry is different so each click is worth very different amounts!
40. How much to spend? Each industry is different so each click is worth very different amounts! Make sure you get the best clicks possible! - ‘Mortgages’ £2.56 - £3.84 - ‘Remortgages’ £9.71 - £14.57 - ‘Bad Credit Remortgages’ £17.28 - £25.97 FOR ONE CLICK TO YOUR WEBSITE! http://www.clickconsult.com/Internet-Marketing-Blog/pay-per-click/pay-per-click-management/high-cost-per-click-keywords.html
41. How much to spend? If AOV is £100, how much can you spend to get a sale? Say, 30% net profit so 10% of total goes to ad spend - 10% of £20,000 = £2,000 (leaving £4,000 profit!) - To get 10,000 visitors to your site = ave 20p per visit Remember, SEO clicks are free!