Let’s look at a hypothetical scenario. A smallish business has been around for more than a decade, and for most of that period, its marketing efforts have comfortably kept it in business. But recently, it has noticed a steady decline in new customer acquisition (and therefore revenue), despite running more ads than it has in the past. What gives?
There are many reasons for revenue to drop, including AI changing the digital marketing landscape, and a host of others (see our blog, Business in a slump? Why you might not want to advertise). It pays to do a little digging to see where the leak in your funnel is.
But there’s one hidden revenue killer that many SMBs completely miss: an outdated website.
I get it: for most smaller businesses, building a website is an expensive endeavor. There’s a tendency to get it up, breathe a sigh of relief, and forget about it. Heck, I’d give good money that many small to medium business owners haven’t even glanced at their website in the last month (have you?).
But the problem is that if your website is more than five years old, it’s high time you updated it. If it’s older than that… well, you need to get something new up, pronto.
Why? A dated website can be the kiss of death when it comes to engaging and converting new customers.
I can hear you already: “But our customers are fine with our website! We got compliments when we launched it, and nobody has ever said anything negative about it, then or now!”
These things can all be true… and it can still be true that your website is preventing you from getting new customers. Let’s talk about why.
The all-important question is, “what now?”. If your budget extends to a full design refresh, it’s a good idea to do one every few years. Web design trends are always changing; it’s best to bring your website up into the current year so you appear relevant to today’s customers.
While you’re at it, clean up your systems to make it easy for customers to get the information they want, to submit a lead, buy your product, or book an appointment, etc. Just remember to keep your page structure intact or include redirects if needed so that you don’t tank your organic search ranking.
If you don’t have the budget to rebuild your website, at the very least consider updating your photography and upgrading your systems. But you also might be surprised how economical it is to build a new site customized from a template on website management companies like WebFlow. No, it’s not going to be free, but it might not be as expensive as you expect… and remember, if your website is turning new customers away, it’s a heck of a lot less expensive to update it than it is to do nothing.
Ready to learn more? Our initial consulations are always free.