It’s certainly no secret that in the current harsh economic environment marketing professionals are having a difficult time justifying technology spending -- and enterprise web content management systems are no exception.
The justification for this major investment might seem hard to make, but delaying the purchase or piecing together an in-house solution can cost you more in the long run and severely impact your brand. Here are four concrete tips and explanations to help you make the business case for an investment in an enterprise web content management system (WCMS).
By streamlining and centralizing content creation, a new or revamped WCMS boosts your revenue by allowing content reuse and re-purposing across multiple websites, channels, and, if you're a global enterprise, in multiple languages. Additionally, a WCMS simplifies workflow and provides robust analytic measurement capabilities to keep you focused on the timely updates of content that makes you money rather than wasting it.
A best-in-class enterprise web content management system will also have an integrated suite of online marketing tools that will help you achieve important business objectives, like increasing conversion rates. Here are a few examples:
2. A Web Content Management System Decreases Operational Costs.
With the right WCMS, you will spend less money on updating your website and avoid the inefficient practice of copying and pasting content across various pages. Centralized design elements and templates can be created once and then instantaneously integrated across your website. WCM helps you save money on labor, protect your brand and get it right the first time.
Most enterprise web content management systems are easy to use. One of the major reasons organizations invest in web content management is because it empowers content creators (marketing teams, for example) to create, manage, modify, and publish content themselves- without IT involvement. Consider the savings of hundreds of IT hours on an annual basis, not to mention the increased efficiency.
3. Create an honest ROI calculator.
Due to the economic environment, the concept of ROI is on the tip of everyone’s tongue when discussing technology investment. Don’t worry: an best-in-class enterprise web content management system almost always provides a sizable ROI. In addition to saving costs and boosting your revenue, a good WCMS interface comes with a high degree of usability. This means you can accelerate and simplify projects such as site development, implementation and content creation.
4. Save 70% - 80% by Purchasing an Enterprise Web Content Management Solution
Gilbane found that site development based around a content management system saves a company 70-80 percent on cost when compared to in-house development.
Content creation in a WCM system looks and feels like standard applications such as Microsoft Word™ and blogging platforms. Gilbane found that this ease-of-use cuts training times by up to 90 percent. With an out-of-the-box commercially available enterprise web content management system, updates don’t get bogged down in IT departments. Marketers and other communicators can create and re-purpose content as easily as making or editing a Word document.
Beyond ROI
In addition, a WCMS can provide benefits that supersede ROI. Next generation web content management systems can really help to protect brand equity online and across multiple channels. For large companies, branding remains one of your most important assets and good customer perception is integral for continued success. A next generation WCM system allows you to build and maintain your brand with minimal hiccups. Even if you come up with initial ROI figures that are lower than you want, maintaining your brand equity and providing the ideal user experience across multiple channels is enough to make the business case for updating your WCM strategy today.
For more information about justifying web content management and building a case to purchase a new enterprise web content management system, SDL Tridion produced an excellent whitepaper titled ROI for the online channel. Please feel free to download free of charge by clicking on the link.
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