For those of you who read DM News, you’ll know they publish a variety of opinion editorial pieces. In this week’s batch, there’s one I wrote and the topic relates to something I want you to weigh in on – it’s called “Keep sales funnel top-of-mind“. And it all ties into the Shop.org’s State of Retailing Online report for 2008 where it reports that online retailers allocate 53% of their marketing dollars to online customer acquisition – driving traffic to a web site or landing page. But when it comes to online customer retention, the marketing spend drops to 21%. This makes one wonder if any effort to engage and convert customers must come out of the remaining 26% of budget??? If that’s the case, we’ve got a big problem in my opinion.
Read the piece and share your comments and thoughts. Is this disproportionate spend and lack of respect for the sales funnel alarmingly short-sighted or is it acceptable?
PS – Speaking of shop.org, Sitebrand will be exhibiting at the Shop.org Annual Summit in Las Vegas. It’s happening Sept 15-17 and we’ll be at booth 335. If you’re planning to go, let me know as it’s always a pleasure to meet people face-to-face!


