SMB Marketing KPIs: Top 8 To Track For Growth

SMB Marketing KPIs: Top 8 To Track For Growth

Is your SMB marketing working? Stop relying on gut feeling and start tracking the numbers that matter. By focusing on the right marketing metrics, you'll see what drives sales and needs to change. Let's go ahead and get clear on the numbers that will move your business forward.

8 Essential SMB Marketing KPIs To Track (And Why They Matter)

Now, let's get practical. Here are the metrics that deserve your attention:

1. Website Traffic

This is about more than just vanity marketing metrics like total visitors. It's like inviting everyone in the neighborhood to your bakery's grand opening, hoping for sales.?

But if most people who show up are looking for the gym next door, well, that's not ideal.?Look at where your traffic comes from (search, social, etc.).?

Are you attracting foodies searching for "best cupcakes near me"??Are the right audience—your target customers — finding you online?

2. Lead Generation

Forget about the days of counting likes and shares—those are just popularity contests. You really want?potential customers to fill out forms, download content, and actually express interest.?

Imagine you offer a free downloadable guide on "The 5 Secrets to Brewing the Perfect Cup of Coffee" at your local coffee shop. Downloads translate to genuine interest – people who might become regulars.?

Track your conversion rates?to see how many website visitors take that next step. Are your lead magnets (freebies in exchange for contact info) enticing enough? If your download numbers are low, it might be time to revamp your offer or target a more relevant audience.

3. Sales Revenue

This is where all the fancy marketing jargon melts away, and we see what matters most. Are all your marketing efforts leading to actual money in the bank??

Picture this. You invest in a targeted Facebook ad campaign promoting a special discount for your online home décor store.?

Tracking which campaigns drive the most sales lets you see if that Facebook ad blitz was worth it. Or if your Pinterest audience is actually where the dedicated shoppers are. Knowing this helps you double down on the strategies that work and ditch the rest.

4. Customer Lifetime Value (CLV)

This SMB marketing KPI is the gift that keeps on giving. It measures how much revenue a business can expect from a customer throughout their entire relationship.?

It's the difference between someone grabbing a single latte. And the customer who becomes a daily regular for years to come.?

High CLV means you're attracting more than just one-time buyers. You're building a loyal community of fans. It's way easier to sell to an existing happy customer than constantly finding new ones.

5. Brand Awareness

It's all about getting your name out there. Think of it as the digital equivalent of having a cool storefront on a busy street.?

Track mentions (people talking about your brand online), social media shares, and website referrals (other sites sending traffic your way). But remember, many people can drive by your fancy storefront and never come in.?

Awareness is the first step, but alone, it doesn't pay the bills. You need those "aware" people to actually become customers.

6. Email Marketing Performance

Is anyone actually reading this stuff? Remember those overflowing inboxes we all have? Your perfectly crafted email is competing for attention.

Open and click-through rates tell you if your subject lines are compelling enough to get people to open your email and if it offers value.?

Think of your subject line like that catchy billboard you see while driving. Does it make you want to pull over?

Don't just blast out generic emails. Personalize when possible. Offer exclusive deals and make those emails something your subscribers look forward to receiving.

7. Content Marketing Engagement

Where are my content lovers? It's not about churning out a blog post once a month and calling it a day. Are people:

  • Reading your thoughtfully crafted content,?
  • Watching those videos,?
  • Or engaging with your posts??

Imagine writing the most epic guide on "DIY Home Renovation Tips" for your hardware store blog. Your content needs a makeover if you're seeing low time-on-page (meaning people bounce quickly) or no comments.?

Longer dwell times and active comments signal that you're providing genuine value, which builds trust and attracts loyal followers.

8. Return on Ad Spend (ROAS)?

Get your money's worth. If you're investing in paid ads, ROAS tells you if you're getting a return on that investment.?Here's why it matters:

  • It helps justify any investment.
  • Knowing your ROAS lets you compare different channels, campaigns, and even individual ad variations, helping you make data-driven decisions.
  • Understanding your target ROAS can guide how much you're willing to spend per lead or sale.

Think of your targeted social media ads. Are you seeing enough new sales to justify the ad cost? If not, it's time to rethink your ad strategy, targeting, or the offer itself.

Conclusion

Let's face it. Marketing for a small business is a marathon, not a sprint. These metrics are your guideposts, helping you make smart adjustments.

Do away with vanity numbers. Focus on those tied to growth, and keep building those relationships that turn into loyal customers.

Now, I challenge you to pick 2-3 KPIs to track diligently. Which ones will be your guiding star this quarter? Share your picks in the comments.




Jeremy Ryan Slate

CEO Command Your Brand - We Book Podcasts ??? I Relate Public Relations to Real Events and Teach about the Roman Empire ?? Girl Dad of 3 ??

11 个月

This breakdown of SMB marketing KPIs is an absolute goldmine for any business owner looking to level up their marketing game. It's like having a roadmap to navigate through the vast terrain of digital marketing, ensuring every effort translates into tangible growth.

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Aman Jaiswal

Performance-Driven Growth Marketer creating data-driven strategies and impactful campaigns that drive business growth | Meta Certified Digital Marketer | Paid Media | Meta & Google

11 个月

Couldn't agree more, ??Apolline Nielsen Tracking the right metrics is crucial for SMBs to measure marketing success and drive sales

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Shay Lynch ??FAIBF

Business Architect | Supporting Leaders in becoming the Leader the Business needs | Project Manager Lean Six Sigma | Medium to Large Enterprise | Ultramarathoner

11 个月

Very comprehensive article ??Apolline Nielsen I always find the add spend challenging to get right, but purpose and return.

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David Goodman

Use Environmental Sustainability Certification for Competitive Advantage | Lower Cost | Higher Revenue | Employee Performance | Competitive Edge | Sales Gains | Energy Savings | Carbon Neutrality

11 个月

Excellent advice ??Apolline Nielsen

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