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Range Marketing Publishes Cannabis Client ROI


As a data-driven company, Range Marketing collects and crunches information from a diverse array of sources that help us monitor client performance. Continually producing better results for our clients requires a live pulse on the sales lift coming from our efforts. From Google Analytics to E-Commerce and in-store point-of-sale, we pull in an abundance of data. Our SEO Analysts use live performance stats in their decision making for search engine optimization campaigns. While this information is typically reviewed at the client-by-client level, we decided to take a look at all of our cannabis campaigns and publish the collective averages.

557.28%

Average ROI

for Cannabis Clients

$338,233

Average Sales Lift

From SEO Traffic

6,262

Requests for Directions

Average per Location

1,253

Walk-In Visitors

Estimated per Location from SEO

$127.65

Average Order Value

For Organic Visitors

43X

Revenue vs SEO Cost

Across All Cannabis Clients

The State of the Cannabis Industry

Two other important pieces of information we look at are the shape of the overall industry and local market conditions. In cannabis, there is no shortage of competition and consumption has been decreasing as we exit the COIVD era. This chart from our partners at Headset show the state of the marketplace for maturing markets like Colorado:

Cannabis Sales in Colorado 2022

Source: Headset.io

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