Conversions in Advertising | Marketing Madness


This week we are going to talk about conversions
and why you should be using them. What’s up Fish Fans! My name is Marcus. You’re watching Marketing Madness, the Blue
Fish vlog! When we think about digital advertising, we’re
often talking about getting “clicks”. We’re making ads with a link to our website
to get people to click it and visit the website. And that’s totally fine! If website traffic is what you’re after,
then clicks are exactly what you need to focus on. But for most people, web traffic isn’t actually
the end goal of their digital ads. It’s sales! Or contracts, or whatever your moneymaker
is. Sales provide revenue, which gives you a return
on your investment in advertising. Tracking conversions is being able to measure
exactly that: your ad spend vs. the return on investment you’re seeing from it. A conversion is whatever you want your customer
to do, either online or in-person. For the purpose of this video, we’re going
to focus on digital conversions. You might consider a conversion as someone
simply filling out a contact form on your site, or picking up the phone to call you. We often consider these as “lead” conversions
– one that’s not directly a sale, but may lead to one. You might also have a conversion that tracks
who makes it to your website’s “thank you” page after making a purchase. This is an easy way to track who’s purchased
something on your website, and is an obvious choice for a behavior you should track. But you don’t have to pick one or the other. Most ad platforms give you the opportunity
to name multiple conversions on your site and optimize based on what your ad is trying
to accomplish. Something we do here at Blue Fish is observe
a sales funnel using the conversions we have set up. We’re able to track single users from the
first interaction with the ad, to the page that they view, to the buttons that they click,
and finally to the purchase that they make. Conversions are extremely useful in that way
because it gives you a crystal clear insight into what your customers are up to; what works,
and what may not be working. It’s up to you to set up and interpret conversions
as they work for you. But if you need any help with that process,
just give us a call. Well, that’s a wrap for this week! I want to thank you for checking in. Make sure to hit that like button. And if you have any questions or comments
leave them down below. If you want to talk about how Blue Fish can
help you grow your business just send us a message and we’ll get the conversation started!

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