Posts Tagged ‘Statistics’

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Do You Know About Statistics on Internet Marketing?

Have you heard of Internet Marketing? It is the term used to denote advertising that is used to sell goods and services on the Internet. There are many different types of Internet Marketing. They are affiliate marketing, banner ads, blogging and blog marketing, email marketing, interactive advertising, pay per click advertising, and search engine marketing such as search engine optimization (SEO).

What started as traditional advertising on a web site to sell products has turned into a multi-billion dollar business. In fact, the Interactive Advertising Bureau and PricewaterhouseCoopers said that at least $7.9 billion was spent in the United States during the first six months of 2006. By the end of the year, for more details visit to www.outsource-beginners.com they had predicted that about $15 billion, if not more, would be spent.

What doe numbers like this mean? This proves the importance of the Internet for marketers and online advertising. Whereas advertisers used to focus on markets such as television, radio, and printed material such as newspapers or magazines, more and more are looking towards the Internet to help them improve profits. Search advertising, advertising that is done mainly by making sure your web page appears near the top of search engine rankings, for more details visit to www.sell-using-the-web.com remains the largest revenue generator for Internet advertising. This is done through the use of keywords and key phrases. When someone searches for a certain word or phrase, the sites that are ranked higher with the search engines appear first. If they have banner ads, blogs, or pay per click advertising, they will get more of the advertising dollars than sites that are lower ranked.

But, other forms such as video ads are starting to attract more attention and bring in more money for advertisers. Podcast advertising is another great way for companies to advertise their services and products through Internet marketing. In 2006 alone, $80 was spent on podcast advertising. That number is expected to be five times as much by 2011.

The United States is not the only country benefiting from Internet marketing. In the United Kingdom, over one billion pounds was spent on online advertising in 2005. Internet marketing has become so popular that the British Broadcasting Corporation (BBC) in England is also thinking of using Internet Marketing to supplement its income. The company has estimated that it may be able to make as much as 48 – 105 million pounds with advertising revenues generated by Internet marketing.

As we enter 2007, researchers believe that more and more businesses will use the Internet to advertise. Studies show that advertisers will spend approximately $8.3 billion on paid search ads alone. That is over a billion more than last year. With the Summer Olympics and United States Presidential election taking place in 2008, researchers believe that as much as $22 billion could be spent on Internet marketing.

Is all this online advertising actually making a difference? Studies point to yes. In 2007, it is expected that online spending will reach a new high of $20 billion dollars.

Statistics for Business and Economics, 10th Edition

Product Description
This market-leading text from well-respected authors Anderson/Sweeney/Williams introduces sound statistical methodology within a strong applications setting. A wealth of real business examples, proven methods, and application exercises within STATISTICS FOR BUSINESS AND ECONOMICS, Revised 10e clearly demonstrate how statistical results provide insights into business decisions and present solutions to contemporary business problems. Comprehensive coverage, trusted fo… More >>

Statistics for Business and Economics, 10th Edition

Email Marketing Software Gives You Vital Statistics To Boost Your Business

With the right email marketing software, the days of blindly undertaking marketing initiatives without being able to track or monitor your success and easily learn from your experiences are a thing of the past. Now, email marketing software makes it easy to quantify the effectiveness of your email marketing campaigns down to the smallest details. With all this information at the marketer’s fingertips, the big question becomes, “how can it all be used?” This article will address several key ways that the reports from your email marketing software can be used to boost your email marketing results.


1. Your Open Rate Can Identify Problems with Your Email Subject

One of the most important reports that your email marketing software will generate is that of overall email ‘opens’. Your email marketing software may further divide this into unique opens vs. total opens (as some people will open your email multiple times). This is a vital number because if people are not opening your email marketing campaign, then they obviously can’t see all the great promotions or information that you’ve put inside the message. That is why this is generally the first report you should look at in your email marketing software, since it can often act as an early indicator of a problem with your email name or email subject.


In many email programs that your subscribers may be using (either web-based or on their local computer), all they can see is the ‘from’ name and subject. Then, they have to make a decision about whether or not to open the email. If you have a low open rate, then the first thing you should do is ask yourself whether or not people recognize and are familiar with the ‘from’ name you are using. Most email marketing software solutions will let you enter any from name you desire. But, if your customers know you as “Toy Central”, but you send out the email from “John Smith”, then that could be part of the reason you have a less than stelar open rate.


The other important piece of the puzzle is your email subject. While creating your email from within your email marketing software, you should be able to specify the subject. The goal of the subject line is to accurately describe the contents of the email, while at the same time arousing people’s interests so they want to open your message. If you have a boring subject, then that could easily be an explanation for sub-par open rates.


2. Link Click-Through Measurements Can Tell You Where Your Readers Are Looking

Knowing exactly which links are being clicked can be very helpful when planning future email marketing campaigns. Most email marketing software solutions will generate a report that shows you all the hyperlinks in your email message and compare the number of clicks each one receives. This insight can be useful because it tells you where your contacts are looking and what attracts their attention the most. From this information, you can figure out if your audience is looking at the first featured article in the main section, an article off in a side column, or maybe a quick links section. Everyone’s target audience is different, but with your email marketing spelling out the answer about which sections generate the most action, you can more effectively plan your future email campaigns.


For example, if you can see that your “Featured Promotion” section containing links to one main product is consistently a leading click generator, then you can put important promotions or messages in that spot. This is a great way to boost click-throughs using readily available information from your email marketing software. And, since clicks, in many cases, are what you need to generate sales, this is a measurement that should not be overlooked.


3. Past Readership Habits Can Help You Further Segment Your List

Since your email marketing software will generate reports that clearly pinpoint who is interacting with your email marketing campaign (whether it is clicks, opens, forwards, etc), this opens up a world of opportunities for targeted email follow-ups. The purpose of this section is to figure out who your active contacts are, then spend extra time marketing to them. This generally produces a greater return on investment.


With most email marketing software solutions, you can take a group of people that performed a certain action (such as opening or clicking on your email) and save them as a new targeted segment. This lets you send a specific email marketing campaign to just those individuals who previously took your desired action. Since you know these people are more highly qualified leads (after all, they already took the first steps owards interacting with you), it can often be more beneficial to spend increased time, attention and marketing budget reaching out to these selected individuals. This is not to say that you should neglect your overall list altogether, as you definitely want to keep your brand in front of as many eyes as possible. But, if you have a limited budget, using the reports from your email marketing software to further target your mailing list can let you easily hone in on the people who, based on past behaviors, are going to be more receptive to what you are communicating.


With a little bit of effort and attention to detailed reports from your email marketing software, any business owner, manager or marketer can gain great insights and vastly improve future marketing efforts. Simply being able to identify when something is going wrong, when something is going right, or when something can be improved, can ultimately help you increase your results and lead you towards achieving your goals.

Robert Burko is President of EliteEmail.com, the easy to use email marketing software solution trusted by over 30,000 businesses around the globe. Learn how your business can easily point and click their way to eye catching and professional email marketing campaigns.

Statistics for Business and Economics

Product Description
Discover how you can use statistical results to solve contemporary business problems when you open the simply powerful approach in Anderson/Sweeney/Williams’ STATISTICS FOR BUSINESS AND ECONOMICS, 11e. This trusted, market-leading text introduces sound statistical methodology within a strong applications setting. New cases and more than 350 real business examples and memorable exercises present the latest statistical data and business information. The book’s compreh… More >>

Statistics for Business and Economics

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