Title: The
1The Inside Edge
2Why do businesses spend money
3To make more money than they spent
4Defining good returns
5 Return on Investment
Your crowning achievement
6R.O.I.
What it is. What it isnt. And how you can get
more of it from your website today.
7Positive R.O.I.formula
Goals
Strategies
Tactics
Metrics
Objectives
8Business challengeexercise
- Youll need
- Paper and pencil
- A timer set for 3 minutes
9Challenge idea starters
play/pause button
- To survive, we need
- Were going to have to
- Were having a hard time
10Common businesschallenges
11Positive online ROI
12Positive online ROI
13Positive online R.O.I.
14Positive online R.O.I.
15Positive online R.O.I.
16Positive online R.O.I.
17Problems or Profits?
- Challenge
- Slow sales
- Customer turnover
- Objective
- We will use the Internet to increase sales volume
- We will use the Internet to retain more of our
current customers
18Business objectivestatement
- Dont try, do
- We will improve increase
upgrade expand acquire
19Business objectivestatement
- Dont do everything,
- do one thing
- We will increase customer satisfaction, notWe
will increase sales by increasing customer
satisfaction
20Business objectivestatement
We will
Use the play/pause button on the left
21Matches not Mix ups
- Objective
- What you intend to accomplish
- Short, simple declaration
- Strategy
- How you intend to accomplish it
- Short, simple declaration
22Objectives, strategiesand jargon
K.I.S.S. keep it short and simple
23Objectives, strategiesand jargon
Simple to explain
24Objectives, strategiesand jargon
Simple to explain
Simple to remember
25Objectives, strategiesand jargon
Simple to explain
Simple to remember
Simple to do
26Matches not Mix ups
- Objective
- What you intend to accomplish
- We will increase online sales
- Strategy
- How you intend to accomplish it
- We will increase online sales by cross selling to
our current customers
27Increaseonline sales
Develop affiliate relationships
Add more payment options
Increase advertisements
Increase conversion
Increase merchandise
28Offline vs. Online
- Current Situation
- Suburban shopping mall location draws from
several small communities - Competes with large variety discount retailers
29Offline vs. Online
- Increase sales by
- Cross selling to customer base (e.g. skateboards
and snowboards) - Increase sales volume through loyalty discounts
- Current Situation
- Suburban shopping mall location draws from
several small communities - Competes with large variety discount retailers
30Offline vs. Online
- Online changes
- Online customers use search to locate stores
- Price sensitivity secondary to finding the right
merchandise
31Offline vs. Online
- Online changes
- Online customers use search to locate stores
- Price sensitivity secondary to finding the right
merchandise
- Increase sales by
- targeting a narrow customer niche (e.g. campers
or weightlifters) - Increase sales volume through search engine
marketing
32LeadGeneration
Develop affiliate relationships
Develop speaker platform
Multimedia email blasts
Increase search engine marketing
Add blogs, newsletters
33Branding
Content standards
Referrals, testimonials
Add blogs, newsletters
Infomercial multimedia
Aggressive public relations
34Customer Service
Service level guarantees
Increaseself-service options
Seek quality awards
Increase feedback options
Add multimedia instructions
35Operations
Switch to VoIP
Expand process automation
Roll out Kaizan initiatives
Train via multimedia
Web EDI migration
36Strategicdouble duty
More ways to make money
More ways to make mistakes
37Strategicdouble duty
Develop affiliate relationships
Train via multimedia
Infomercial multimedia
Multimedia email blasts
Add multimedia
38Strategicdouble duty
Increase sales
Generate leads
Develop affiliate relationships
39Strategicdouble duty
Generate leads
Increase sales
Develop affiliate relationships
Develop affiliate relationships
40Matches not Mix ups
- Increase sales by
- Increasing the number of sales per affiliate
- Increase leads by
- Increasing the number of affiliate relationships
we have
41Matches not Mix ups
- Increase sales by
- Increasing the number of sales per affiliate
- by 2 per month by the end of the first half
- Increase leads by
- Increasing the number of affiliate relationships
we have - by adding 4 new affiliates each quarter
42Strategy statementexercise
43Strategy statementexercise
play/pause button
44Whats working why
branding
service
leads
sales
operations
45Surf and Search
branding
URL strategy?
service
leads
URL strategy?
URL strategy?
operations
sales
URL strategy?
URL strategy?
46Visit www.sharetheedge.com To find an Internet
Consultant near you
47The Inside Edge