|
In only the last five years,
there have been more than three billion web pages created
by corporations around the world. Yes, that's right
- three billion.
Many of these sites remain untouched,
unmeasured and untested. This represents a huge opportunity
for enterprising companies because there is nothing
easier and more cost effective than changing, testing
and improving a web site.
It's extremely cheap and quick to track and change a
web page, and your employees or you don't need any special
training to uncover which web page performed the best
on your entire site.
Still, almost all web pages are
rarely changed. The average web site stays up for forty-four
days! In Internet time, forty-four days might as well
be never. A web page really ought to be modified every
one to two days, because at the end of the day it is
essentially a direct marketing medium that allows your
company to put forward offers in real time. As any direct
marketer would tell you, leaving a page untested and
untouched for forty-four days is costing you money and
opportunities.
If your company is paying fifty
cents to get one person to go to your home web page
one time (this is a conservative estimate), then ten
thousand visits will cost you $5000. Assuming that 20
percent of the people who visit your home page go to
the next page (2000 people), and 3 percent of those
people become customers (60 people), with a lifetime
value to your business of $100. The
company is making a net loss every day of $1000.
Now if you started to test and
measure those two pages only, the traffic flow to the
next pages might increase, subsequently increasing the
number of purchases per day. The result would be that
without any increased marketing, adjusting and improving
these two pages has the potential to contribute millions
of dollars worth of profit each year. The
only cost to your business is an hour a day of someone's
time for a month. In this light, how can you
afford not to be testing and constantly evolving your
website?
|