Get the Most from Your Preferred Internet Marketing Agency!
Part of the success of any
business is building the right strategy for Internet marketing. Suppose you
have already worked out the strategy and direction of your business development
and the time is approaching for marketing. You have decided to apply for help
from an Internet marketing agency. The decision to attract specialists is
always a good option which, by and large, saves time and money.
To better orient the Internet marketing agency, you need to provide some information on the situation as a
whole. Let's look at some examples.
- Your current marketing positions
What marketing aspects do
you already work on? What results do you expect by applying them? Sharing your
current marketing approach with your online marketing agency will help to
identify any incorrect steps in your current marketing strategy. For example,
your marketing strategy may not be suitable for your target audience, which
means you will just waste your time and energy. Sharing your marketing
information with the agency will help you analyze whether you are moving in the
right direction with the right approach and the most appropriate marketing
strategy.
- Structure of your team
Will your marketing
department cope with the task? Once you have developed a marketing strategy,
you should be aware of whether your team will cope with this task, whether you
have enough qualified employees or need to replace some links or simply add
some specialists. If you study and make adjustments in your office before the
marketing programs you will not be disappointed in the process. Also, your
online marketing agency can help you find out the missing requirements for
better performance.
- Your Analytics Site
Tell your internet marketing
agency the current conversion rate of your site. Do you use social networks in
your advertising company? Can you tell exactly which sources of advertising
give the most impact? The answers to these questions need to be known to the
agency in order to determine in which direction you are moving and what needs
to be changed.
- Your monthly income
The
amount of your income is an indicator of your company's level. Revenues can
beckon throughout the year, you need to keep a record of everything so that
after analyzing and determining from what and at what time it depended. Sharing
this information with your online marketing agency will help you understand the
size of your business, but will also help in achieving your ultimate business
goals. For example, your company generates a monthly income of $ 5,000, then
the agency will suggest that you use channels that will be effective and in
line with your budget. If the income per month is 1 million US dollars in such
cases, the internet marketing agency will use more expensive channels
corresponding to the level and requirements of such a company.
- Lifetime value of your client
You will be able to estimate
the ROI by the cost of all activities aimed at attracting one client.
Knowing LTV, you will choose
those ways and channels of attraction, which give more profitable and loyal
customers. Estimating the channel only for the amount of the first purchase,
you get not quite correct data: some customers return, others buy something
(for example, within the campaign) and disappear. Concentrating on channels
that bring regular customers, you will increase the lifetime cost, without
raising the CAS (the cost of attracting a new client).
You can understand that you
are overpaying for advertising (if CAS is too large for LTV), and redirect
funds to those channels that will bring maximum profit in the future.