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#4: Revising your website without a plan. “If you build it, they will come” does not apply to websites! Spend more time devising a plan to generate traffic to your site and keep qualified leads there, and less time on the design. #3: Spending all your time and money designing a website. It’s entirely different when you’re looking for an expert to help with your business.
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But it’s one thing to rely on a friend’s recommendation when it comes to picking a movie or restaurant. Yes, as Nielsen reports, 92% of people trust recommendations from friends and family above all other forms of advertising when making a purchase decision. Many of our clients have come to us after spending a lot of money with the wrong advertising agency. It starts with calculating the average customer’s lifetime value. #1: Spending marketing dollars without knowing your “allowable acquisition cost”.Īllowable acquisition cost is how much you can afford to spend to attract a new customer and meet your profit objectives.
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