R
R
Range Marketing

Range Marketing Publishes Cannabis Client ROI

Q1 & Q2 - First Half of 2022

July 22, 2022 | Posted in: Search | Web Design

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. These two charts from our partners at Headset show the state of the marketplace for maturing markets like Colorado:

2022 Cannabis Sales
Cannabis Sales in Colorado 2022

Source: Headset.io

Let's get started.
We Can't Wait to Meet You.

We will take a close look at your business and your current website. One of our experts will contact you with informed analysis and a plan to grow your business. Request a free analysis:

  • This field is for validation purposes and should be left unchanged.
Range Marketing Range Marketing