Many people ask, “How much should I spend on my website?” The answer isnโt always clear, but by breaking it down step by step you can start to set a realistic budget. ๐ฏ๐๐ก
1. What Does a Website Do? ๐ฅ๏ธ๐ข๐
A website is a marketing tool and a reputation builder. Just like other marketing efforts, it helps businesses connect with customers, gain customers and clients, sell services and intangibly – build trust. ๐ฃ๐ ๏ธ๐ A website-first strategy is also better for keeping an up-to-date and searchable archive, compared to relying too much on social media, where content is often hard to find. ๐๐โ
2. Look at Your Non-Digital Marketing Costs ๐๐ธ๐ฆ
Before deciding on a website budget, add up what you already spend on traditional marketing, such as:
- Print materials: Designing, printing, and distributing flyers or brochures.
- Advertising: Posters, ads in magazines, or local papers.
- Promotional efforts: Handing out leaflets, attending events, or networking.
- Time spent: Working with designers, reviewing print materials, and managing these processes.
Adding up these costs shows how much you already invest in reaching out. ๐ท๏ธ๐๐๏ธ
3. How Effective Are Your Traditional Methods? ๐๐ฌ๐ค
Many businesses donโt track their return on investment (ROI) for offline marketing. Ask yourself:
- Do customers respond to flyers and posters?
- Have outdated materials caused confusion or wasted effort?
- Does distributing print materials actually bring in new customers (my paper recycling is right by the front door for all the unsolicited junk)?
If traditional methods arenโt working well, shifting more of your budget online might actually make sense. ๐โ ๏ธ๐
4. Why a Website Can Be More Effective ๐๐ฒ๐ป
A well-designed website can:
- Save money by reducing printing and distribution costs.
- Provide up-to-date information without needing reprints.
- Make communication easier with forms, FAQs, and automated responses.
- Improve your reputation, which helps when applying for grants or funding.
5. Check Your Brand Assets ๐จ๐ธ๐๏ธ
If your logo, images, or branding look outdatedโlike an old photocopy or an over optimised imageโinvesting in professional design will make your website look more modern and credible. ๐โจ๐ข
6. Understand Customer Acquisition Costs ๐ต๐๏ธ๐
By tracking how much it costs to gain a new customer, you can decide:
- How much to spend on digital vs. traditional marketing.
- Whether social media, email marketing should be part of your website strategy – yes they probably should be, but not exclusively – you are using socials to push your proposition (your site) – social platforms want you to stay on their platform.
7. Invest in Growth ๐๐๐ก
A website isnโt just another expenseโitโs an investment in your business. A well-designed site can:
- Build trust with customers.
- Attract more leads.
- Make it easier for people to learn about your business.
Trying to save money by cutting corners can backfireโjust like closing a store early because sales are low. The more accessible and useful your website is, the better results it will bring. ๐ชโณ๐ฃ
8. Set a Realistic Budget ๐ฐ๐๐ ๏ธ
A few thousand pounds for a website is a reasonable investment when considering:
- Professional design and development.
- Search engine optimization (SEO) to get found online.
- Regular maintenance and updates.
- Integrations with tools like email marketing or booking systems.
By focusing on what customers need and cutting wasteful marketing efforts, you can maximize your websiteโs value. ๐ฏ๐ก๐
9. Review and Improve Over Time ๐๐๐ข
- Track your websiteโs performance and ROI.
- Adjust based on analytics and customer feedback.
- Keep it updated to match your business goals.
A website isnโt a one-time purchaseโitโs a tool that should grow and improve over time. ๐ฑ๐ป๐