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Website projects are huge undertakings. What ultimately matters is not the effort you put into them but the return-on-investment you derive from it. Making a business case for investing in a comprehensive website redesign to bottom-line-driven, quant-minded manufacturers requires hard-nosed, disciplined thinking. Remember that what you invest in a new website design will determine the returns you can expect from it. Assuming you have baked all the best practices into a redesign project, you can and should expect solid returns. Here are five ROI metrics that we have used to justify the investment in a comprehensive website redesign: 1. Increase in Inquiries and RFQ’s: Website projects should always result in quantifiable increase in inquiries and RFQs. For clients who have been re-packaged as solutions providers, the thickness of their RFP’s should grow in size. All clients should expect to see an increase in PDF downloads and event signups. By elevating your brand during a website redesign, the increases should not just … Continue reading
Posted in: Manufacturing Marketing ROI, ROI
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Making a business case for investing in a comprehensive marketing campaign to skeptical, ROI-minded, quant-driven, C-level marketers in manufacturing and industrial companies goes far beyond making an intuitive case. For quantitatively inclined senior team members, here are five key ROI metrics that we have used to justify their investment in manufacturing marketing: 1. Increased Brand Awareness: We track and create a trend line of number of times the brand name surfaces and is clicked on search engine results pages using Google search console data. Our SEO/Inbound clients should expect this to grow upwards year-over-year. The non-branded to branded organic traffic ratio should rise over time. For most of our clients this ratio begins around 20/80 or 30/70 and rises all the way up to 60/40 or 70/30. Occasionally, it rises up to 80/20 and 90/10. We’ll monitor organic search volume over time by measuring the organic traffic as a percentage of overall website traffic trended over time. We expect this … Continue reading
Posted in: Manufacturing Marketing ROI, Marketing ROI