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ComponentMatching - The Business Case
If you’re in the business of marketing consumer IT, the chances are that you are confronted with the perennial issue of sales growth; the tricky and recurring challenge of how to extract ever more revenue and profit from the marketplace. If the web is one of your key routes to market, you are typically faced with one of two options:
Of those two options, higher conversion rates is usually felt to be the smarter route, but also the more difficult one: It often relies on ‘soft’ factors such as ‘improved customer service’ which, while intuitive and perhaps valuable, can be difficult to measure and therefore justify in relation to the bottom line.
On the flipside, it can be more rewarding than yet more referral expenditure where a dollar is converted into a dollar and five cents.
Yes, that’s right, if the expected results don’t happen you don’t pay, not a cent, no fine print, no lengthy list of exceptions to the guarantee, no hidden conditions. How can work4sure offer this guarantee? These are aggressive claims, but the ROI calculation is fairly simple and backed by a simple guarantee. Here is a sample ROI calculation based on actual experience, but with numbers rounded off to even thousands to preserve confidentiality. Non-rounded ROI numbers were actually slightly better. The client implemented two alternative pages for customers to the e-tail site, one page that offered work4sure component matching and one page that did not. The site was setup to divide all visitors evenly between the respective pages. The average sale size for this site was $150 and the Gross Margin was 25%.
The instrumented period was for 27 days rather than a full month and thus figures are slightly understated. Contact us for further details of these remarkable returns on investment and how they might relate to your business. |