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Half of your money and much of your time is wasted without this one thing
Published on 07-23-2016 01:07:19 AM by Timothy Hanson
We have all heard that half of all advertising dollars are wasted;
the problem lies in figuring out which half. The numbers become
even more interesting when one examines the typical
response rates for the different platforms we use.
Most marketers are happy to achieve a response rate of 1 to 2 percent.....
1 or 2 percent ??? If that is the benchmark we have set it is pretty pitiful....
Every business, needs marketing to survive and thrive.....but what business
is going to survive on that kind of conversion from a campaign ?
What can we do to try and make that outcome a little better ? If 1-2 % is the
benchmark for success....imagine how you would feel if you could achieve
3-4%....
Tracking what you do is absolutely essential if you are at all serious
about business and this is more than something to pass the time.
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Most Trackers are Evergreen meaning they will provide you value
today tomorrow and into the future. Take the time to look around
and pick one that works for you .
Have a great weekend
Tim
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