How should I allocate my marketing budget between traffic generation and CRO?
As an e-commerce business owner, I'm struggling to balance my limited marketing budget between driving traffic to my online store and improving my conversion rates. I've noticed that simply pouring money into ads isn't translating into proportional sales growth. I need a strategic approach that helps me understand how to allocate resources effectively, maximize my return on investment, and create a sustainable growth model that doesn't drain my financial resources. What's the most intelligent way to distribute my marketing budget between traffic acquisition and conversion rate optimization?