Your
ROI is a measure of the return you get from your online
advertising campaign. By working out what your ROI is will
help you to develop an effective online marketing campaign.
iGHOST will help you improve your ROI quickly due to the low
cost you will be paying for each new visitor to your site.
Your ROI is calculated from the total number of visitors
that view your web site, the actual monthly cost of your online
advertising, how many sales you make from those visitors and
the average profit made from each sale.
All businesses vary and the number of required new sales
you require to make your online presence successful depends
on your type of business.
The following represent both ends of the scale and it is
highly likely your business falls somewhere between the two.
Example 1. The small widget company.
A small widget company needs to
receive lots of visitors and sell large quantities to make
there campaign pay.
If you sell widgets for £5.00 that return a profit
of £1 each and you spend spend £300 per month
on advertising then you need to sell a widget to 300 customers
to break even. If your conversion rate is 1% then your web
site will need to receive at least 3,000 visitors per month
to pay for itself.
Example 2. The large service company.
The large service company supply a
very specialised service that returns a high profit value
per sale.
They sell a service that costs £500,000
per sale and returns £100,000 profit per sale.
Because they supply a specialised service
they will not receive the same number of site visitors as
for example a web site selling TV's but they do not need to.
If they receive 240 visitors a year
to their site as a result of an online marketing campaign
that costs them £1000 per month and they sell their
service to two new clients then for their investment of £12,000
they will increase there turnover by £1 million, and
make them £188,000 profit.
AS you can see from the above examples, the number of visitors
your site receives can vary significantly depending on the
type of business you operate in. Despite this both of these
businesses would benefit from an iGHOST site because by catapulting
them to the 1st page of the major search engines will increase
the number of visitors they get to their site.
Because iGHOST targets their specific
search terms then it is highly likely that the visitors are
looking for their product or service which will result in
a higher conversion rate than less targeted online campaigns.
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Case Studies
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