With every marketing activity that we do we always try to look at its return on investment. Even with website design we can look at calculating its ROI and how it will be helpful in the long run. Website ROI is also based on its cost and results. Let’s look at both.
Website pricing varies wildly as per an agency or freelancer. For a simple one page website it can start from $1000 to $5000 depending on the features involved in the website.
But true investment and its return can always be known by regularly updating the website with good digital marketing tactics.Just designing a website and leaving it without optimizing it wouldn’t give any results for new websites.
But yes, for an old website with a business running since years a website redesign looking at the past analytics or even changing as per recent trends will give a massive increase in the enquiries and the quality of customers.
For example, just How a Redesigned Website Helped a Gearbox Manufacturer Attract a $50K Client in the First Month of Going Live. Read more on it here
So how do we measure the ROI on websites?
It depends on what objective you had while designing the website.
Increase inn. of sales for an online store
Increase in consultations booked
Percentage increase in traffic to website
Increase in leads generated
Percentage of new subscribers to blog or email.
Increase in traffic
...or any whatever objective you have decided for your business, ROI will be measured on that metrics.
With a website redesign we have since many customers have definitely got an increase in traffic and new leads.Though the figures can skyrocket with a good digital marketing with the website.
With website redesigns one thing should be avoided. If there is a page that is getting good traffic and leads then that page shouldn’t be changed. Instead similar type of pages should be designed to increase the overall traffic of the website.