Survey: Marketers Fail to Optimize On-Site Media

Two in three marketers say they allocate less than 10 cents of every marketing dollar to test promotions and other online media.

A survey of marketing executives found that two in three allocate less than 10 cents of every marketing dollar to optimize on-site media to encourage Web site visitors to “convert” or take an action such as make a purchase or download a white paper.

Of 1,050 marketing executives surveyed, 42 percent said they are spending less than five hours per week optimizing advertising media such as search, e-mail, and display advertising, according to Omniture’s Online Conversion Benchmark Survey released this week. “This may be too low, considering many companies are spending hundreds of thousands of dollars per month in advertising,” the study suggests.

The survey defines conversion optimization as “the process of monitoring conversion events on your Web site (e.g., from landing page through checkout)” and identifying improvements to make in calls-to-action, page layouts, and other variables. Optimization technologies are defined here as multivariate and A/B testing, targeting, site search, recommendations, and other personalization technologies.

When marketers were asked what areas they are conducting online tests, they said: display media (23 percent); e-mail (48 percent), and paid search ad copy (54 percent).

Of those responding, 70 percent said one person in an organization — most likely a senior marketing executive — single-handedly determines promotional content, such as calls-to-action and offers, on a Web site. “Those decisions are not being made based on metrics or data,” said Mikel Chertudi, Omniture’s VP of online marketing and demand generation.

As for the rule of thumb regarding the portion of the marketing budget that should be allocated to optimization, Chertudi said that some agencies, such as WPP, have stated that it should be 15 percent of an advertising budget.

The survey was conducted online by Omniture and MarketingExperiments. About 60 percent of respondents were from business-to-consumer Web sites and the rest were from business-to-business sites. According to Chertudi, most respondents were not Omniture customers.

Marketers can complete the survey here to see how their organizations compare to others participating in the survey.

Subscribe to get your daily business insights

Engagement To Empowerment - Winning in Today's Experience Economy
Report | Digital Transformation

Engagement To Empowerment - Winning in Today's Experience Economy

2y

Engagement To Empowerment - Winning in Today's Exp...

Customers decide fast, influenced by only 2.5 touchpoints – globally! Make sure your brand shines in those critical moments. Read More...

View resource
Announcement Alert from Lee Arthur
Weekly briefing | Digital Transformation

Announcement Alert from Lee Arthur

2y

Announcement Alert from Lee Arthur

Announcement Alert!! Read More

View resource
The 2023 B2B Superpowers Index
Whitepaper | Digital Transformation

The 2023 B2B Superpowers Index

3y

The 2023 B2B Superpowers Index

The Merkle B2B 2023 Superpowers Index outlines what drives competitive advantage within the business culture and subcultures that are critical to succ...

View resource
Impact of SEO and Content Marketing
Whitepaper | Digital Transformation

Impact of SEO and Content Marketing

3y

Impact of SEO and Content Marketing

Making forecasts and predictions in such a rapidly changing marketing ecosystem is a challenge. Yet, as concerns grow around a looming recession and b...

View resource