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By Jason Prescott on November 20, 2008 1 Comment
Ok, perhaps the headline is a bit overdramatic, but the point here is that companies tend to focus far too much on staying within a set budget line for their online initiatives to the detriment of driving an acceptable amount of qualified traffic. This common, albeit myopic, tactic will drive marketers right out of a job.
Any promotion campaign – but particularly online ones – must first and foremost deliver returns for a company’s investment. This is where the true value of such initiatives lies; if they bear sizeable fruit, it would stand to reason that an organization should look at putting more resources toward them, and consider going over budget to capitalize on their full potential. That isn’t to say that corporations need to write a blank check to advertising outlets, but it does mean that adherence to an arbitrary dollar figure should not come at the expense of customer growth and market share. Doing so leaves significant money on the table. Read more