The 80 dollar Waste of money on Online Advertising

There is a 80:1 relationship on how much money companies spend on marketing for people to visit their website and how much they spend on actually converting them when they get there. That’s a sick relationship right? That’s like going to the pub, putting on the best behavior, being generous, hitting on the most beautiful girl at the place and getting her to come with you home, only for you to live in a dirty shack where your skidding tracked boxers are laying there in the hallway, there is hair all over the toilet and long hairs in different color all over the bed. IDIOTIC if you want to get laid right? So why do we behave exactly like that when it comes to money spend and the web?

Online Marketing Matrix

My boss Björn Alberts once showed me an excellent (suckin’ up big time) chart displaying the master matrix of any online web project. Since then I have basically made these types of matrixes as a way to structure my thoughts. This post will display one of those matrixes. Maybe not as useful as the one linked to above, but for organizations stuck in SEO-land, it might help with the visualization of where to go and what to do in order to go there.

Basically SEO centered business models rely on highly rational processes. The future models of making money online are however less rational and more behavioral.

I am far from ready with the model above, but it combines the worlds of online marketing that is evolving right now. You might want to criticise it for its lack of banners. But I truely and passionately advocate against banners as a means of online sales and thus I keep it out of the model. Secondly I sincerely feel that any marketing that has not at least a long term connection to some kind of sales, is a waste of money.

Read moreOnline Marketing Matrix