Those who believe the web is not a direct response medium should think again. A recent study conducted by AdKnowledge and published in their recent "Online Advertising Report" suggests that 60 percent of total website conversions occurs in the first half-hour. In other words, based on the study the bulk of your visitors will likely buy within the first 30 minutes.
While that's pretty much conventional wisdom, an interesting conclusion one can make is this: You only have thirty minutes to compel visitors to take some kind of action. And similarly, if people do not buy within those precious 30 minutes, the likelihood that they will leave your site, never to return again (even if they bookmarked it), is miniscule at best.
On the other hand however, a previous report also found that "post-impression" conversions (i.e., conversions following multiple impressions of an ad) are slightly higher than those that came as a direct result of clickthroughs. This supports the view that the Internet is also a branding tool. Therefore, if the Internet is a direct marketing medium then how can this be so? The answer can be found in other findings.
The latest report mentioned that post-clickthrough conversion rates were on the rise. Of total conversions, the study also found that 44 percent were repeat conversions. And finally, keyword placements, while they cost more, were found to yield the highest clickthrough rates.
("Keyword placements" signify keyword-based banner impressions -- i.e., banners that appear on portals after specific keywords are searched. For example, if you searched for "music" on Yahoo, a banner for a music- related website will appear on the subsequent results page.)
From these findings, several conclusions emerge:
Essentially, the final conclusion one can make is that direct marketing, coupled with targeted marketing, seem to yield the greatest response. But a site that does not compel visitors to take some kind of action within the first few minutes, or one that does not target its prospects from the onset, will then have to seriously invest in, and rely on, branding efforts in order to encourage an adequate level of sales.
For larger corporations, branding alone is plausible since it requires a significant investment -- and risk. But for smaller businesses however, branding is costly and should never be the primary focus. In fact, while branding is important it should only be the byproduct of an effectively implemented, targeted direct marketing strategy. The more qualified your visitors are, and the more compelling your message is, the higher the percentage of website visitors that will buy within those crucial 30 minutes will be. That's "directional" marketing.
About the Author
Michel Fortin is a direct response copywriter, author, speaker and consultant. His specialty are long copy sales letters and websites. Watch him rewrite copy on video each month, and get tips and tested conversion strategies proven to boost response in his membership site at http://TheCopyDoctor.com/ today.
How Much Is Your Popcorn Worth?: Powerful Lessons In Marketing... Read More
For those new to marketing planning, the thought of completing... Read More
When you want someone to like you, associate yourself with... Read More
Sometimes, experiencing bleak sales is a matter of failing to... Read More
As the owner of a creative services boutique - I... Read More
Small & Mid Sized Business owners, have you revisited your... Read More
Do Crucial Market Research For Free, On Your OwnIs market... Read More
A BIG MAIL SHOULD CONTAIN:At least three to four Mail... Read More
Looking to grow your business? Make sure you have these... Read More
A newsletter can be a wonderful, economical way to communicate... Read More
Measuring the benefit of your product or service means putting... Read More
I'm reading Seth Godin's Permission Marketing and he brings up... Read More
Marketing public relations gives you cost effective ways to reach... Read More
This past weekend I received a disturbing message from a... Read More
I went to a networking event the other day where... Read More
Your message is first among your weapons in the battle... Read More
Dumb Excuse #1"I'm not sure I want to invest any... Read More
Make Marketing a Must, Not a MaybeWhen business is booming,... Read More
One of my associates sent me a promotional email she'd... Read More
What is Upselling?It means pre-selling any additional features of your... Read More
Here are three alternatives to increase your testimonial numbers or... Read More
Face it, writing any article can be a tedious and... Read More
Dear Friend:Don't do it.Don't start your fundraising letters with "Dear... Read More
35 Ideas to Spark Your Creativity:There are 3 ways to... Read More
A brochure can be a wonderful promotional tool for a... Read More
For most of the small business owners I work with,... Read More
That is the question, you should be asking yourself. Many... Read More
I am doing what you do, sitting at my computer,... Read More
Marketing is actually very simple. It involves telling people what... Read More
Effective marketing for the small business begins with market researchIf... Read More
Do you own a small business? Do you wish to... Read More
Do you think you don't have enough time to market?... Read More
Generation X"--the 40 million or so people born between 1965... Read More
The ropers at Annie Oakley's Real Western Dudette Ranch were... Read More
The highly entertaining Donald Trump's search for an apprentice turned... Read More
KNOW YOUR AUDIENCEThe Oscars will be handed out soon, and... Read More
A funnel is a good way to think of the... Read More
When you hear the word "marketing" what comes to mind?... Read More
You've probably heard the slogan, "You never get a second... Read More
1) Know the company and their culture. Are they trendy... Read More
Referrals are an extension of Networking. If people like you... Read More
Everything you will ever need to know about internet marketing... Read More
The single biggest, non-renewable asset you have is your time.... Read More
What does an old Russian joke have... Read More
Unless your company has absolutely no competition now or in... Read More
"But this won't work" said Steve. "I've tried it in... Read More
Without new business, your restaurant won't be able to grow.... Read More
If you've been in the copywriting realm for very long... Read More
Promotions are everything you do to let your customers know... Read More
Part #26) Food safety is becoming paramount.What this means to... Read More
Marketing Marketing |
|