L&M Fleet Supply is a retail chain of eight stores in Minnesota and Wisconsin focusing on products for hunting, camping, sports, household items, home improvement, farm and automotive. With a 50-year history and stores spanning more than 70,000 square feet of retail floor space, L&M launched their first e-commerce website in 2010.
L&M's new website brought the opportunity and expectation for increased sales. But, there were many challenges. Largest of these, was L&M's non-existant digital brand recognition. To overcome these challenges, in partnership with L&M, our online marketing experts launched and managed extensive PPC campaigns, redesigned landing pages, optimized the customer check-out process, and handled the Google Shopping transition to paid product ads for a maximized ROI.
Spyder Trap has been managing L&M's paid search efforts since 2010, and the relationship has seen nothing but growth along the way. Our search marketing experts have blended together the perfect combination of services to make L&M's profit margins grow through direct sales and lead generations. In addition to year-round services, our team capitalizes on seasonal demands to attract consumer interest for relevant products.
In 2014 we saw growth in all metrics. The average online order value was $221.51 and the average cost-per-conversion was $14.91. This means that cost for each acquisition was roughly 6.73% of each order placed. Depending on the profit margin for each product sold, this is a relatively low cost. Average cost-per-acquisition in terms of percentage of sale value can often range from 5% to 50% of the calculated price of the average order placed, depending on industry, budget, keywords, and targeting.
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