Why do e-marketers often have difficulty estimating the ROI of a new product under development?
please explain using examples.
Public Comments
- Some thing may seem to be great in labs, and should have a smooth transition to the public, but not everything always works out. Example, McDonald's Arch Deluxe..
- In all honesty, they shouldn't. It depends on the data you're collecting and analyzing from your site. If you have an e-marketer who is able to build actionable reports that track an entire conversion funnel from referrer to conversion and have a solid grasp on avg. cost per conversion and avg value per visitor, it should be a very attainable metric. Sure, there are a good number of variables to consider, but I wouldn't say there are any more than what offline marketers contend with. Audit the reporting process of current usability, cost, and user value. In those numbers you will find your answer.
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