For 35% of marketers, determining the ROI of their campaigns is either very or extremely important. But with so many online marketing strategies to choose from, it’s tough deciding which one is the best. Let’s have a closer look at the options that can help you rank higher in search results and gain visibility.
Email Marketing
This digital marketing tactic brings about some of the best returns on investment in the entire industry. It's a tried-and-true strategy that costs money upfront but is highly effective at getting your brand in front of consumers.
The average ROI for email marketing is 36:1, which means you earn $36 for every $1 you spend. It makes sense why this approach is so well-liked by digital marketers. Compared to other promotional strategies, building contact lists and delivering emails is comparatively time- and cost-effective. Additionally, marketing effectiveness will only become better as your email list and audience both grow.
If you’re planning to launch an email campaign, take the following metrics into account:
Conversions
Acquired Leads
Bounce Rate
Click-Through Rate (CTR)
Open Rate
Pay-Per-Click Advertising
PPC advertising enables you to display your advertisements to users who are looking for your goods or services on search engines like Google. This allows you to bid on business-related keywords and only pay you when a user clicks your advert.
Fast Results
PPC advertising offers fast results since your ads can go live within a day. You can start generating traffic and leads quickly. You also have a high level of control and can make changes to your campaigns and see the results immediately.
Flexible Budgets
You can set daily budgets with PPC and only pay for the clicks you receive within the budget. Start with a small budget and scale up as you see results. PPC also allows you to set maximum costs per click (CPC) bids so you never pay more than you want for a click.
Targeted Exposure
PPC allows you to show your ads only to people searching for your specific keywords and services. You can target by location, device, time of day, and more. This targeted exposure means higher quality traffic and leads.
Continuous Optimization
You can track key metrics like impressions, clicks, costs, and conversions to see what's working. Make changes to improve your results, like editing ad copy or raising/lowering bids. PPC accounts require ongoing optimization to maximize your ROI.
Content Marketing
Content marketing involves creating and distributing valuable, relevant, and consistent content to attract and retain a clearly defined audience. When done right, it can drive sustainable growth and yield a high ROI. Even though 83% of marketers use metrics to gauge their content’s performance, just 51% are actually aware of how well it is doing.
In any case, you start by figuring out the interests and main issues that concern your target audience. Create a content plan after that to handle these subjects in a way that promotes your credibility. The content may comprise blogs, videos, infographics, webinars, social media updates, and much more.
Distributing content on your website and social media increases traffic and improves search rankings. Content that ranks high in search results will continuously drive targeted traffic to your site. By consistently providing useful information, you establish authority and develop strong relationships with your audience over time.
Compared to paid ads, content marketing is a long-term investment that becomes more successful over time. This can produce enormous profits for years to come at a low expense. For example, a single blog post can rank high in search results and drive traffic for months or even years after it has been published.
Search Engine Optimization
By optimizing your content and technical elements for search engines, you make it easy for them to crawl, categorize and rank your site. Your exposure increases and your website receives more traffic as your rankings rise. You may obtain top ranks for significant keywords in your sector with an SEO plan, which will eventually lead to more qualified leads and customers.
SEO requires an investment of time and resources, but it continues to generate returns well after the initial effort. Some of the metrics that determine your ROI include:
Organic traffic growth: The more targeted traffic you drive from search engines, the higher your ROI.
Ranking improvements: Achieving and maintaining top rankings, especially for head terms, leads to major traffic and revenue.
Conversion rates: With a well-optimized site, your conversion rates from organic search traffic tend to be higher, leading to more customers and sales.
Revenue and costs: As your organic traffic and revenue increase over time from SEO, your costs remain largely fixed. This results in growing profit margins and a healthier ROI.
Final Thoughts
Even though social media, email, and content marketing are well-liked and important strategies, search engine optimization provides the best return on investment for Internet marketing. So, try and focus on optimizing your website and content for search engines. This will provide the greatest opportunity to drive qualified organic traffic that converts into customers and revenue.
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If you need any further help, Clickacademy Asia’s got you covered. Our classes will cover all the best strategies to boost your ROI. Join our class in Singapore and enjoy up to 70% government funding. Our courses are also Skills Future Credit Claimable and UTAP, PSEA and SFEC approved. Find out more information and sign up here (https://www.clickacademyasia.com/proving-digital-marketing-roi).
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