[Interview and Article by Kevin Newcomb, Editor, Internet Marketing Institute]
Many companies spend tens of thousands of dollars to acquire customers, but ignore what happens next. Paying attention to your landing pages — whether it’s for pay-per-click (PPC) ads, email campaigns, or banner ads — is one of the most-neglected online marketing tactics. But creating custom landing pages, then testing and optimizing them, holds a lot of potential for increasing conversions, and therefore revenue.
“People don’t fundamentally believe that conversion optimization will work. If they did, they’d jump all over it,” said Lance Loveday, CEO of Closed Loop Marketing and co-author of Web Design for ROI. “The truth is, it can have a game-changing impact on revenue and profitability.”
Most marketers have heard the buzz around landing page optimization (LPO), a part of the larger discipline of conversion optimization. Many marketers have also heard hyped-up claims of two- or three-fold jumps in conversions, and are not convinced that small changes can have a big impact on their conversion rates.
While those kinds of returns are possible, in extreme circumstances, such drastic increases are not necessary to make conversion optimization worthwhile, Loveday said.