| Avoiding Failure In Your Internet Marketing Campaign |
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It is a great pity that majority of business online (Over 90%) are not making profits. What is the root cause of this and how can you avoid it? It all boils down to two things. However, of those two things one is indispensable. So what's it?
It is a great pity that majority of business online (Over 90%) are not making profits. What is the root cause of this and how can you avoid it? It all boils down to two things. However, of those two things one is indispensable. So what's it? First let me tell you the two things that guarantee success online: The first is high quality traffic (That is, visitors to your website) and a good conversion rate. I'll start with the second... If you get 1 million visitors to a site and only 0.001 converts to buyers for a product that has a profit margin of $5, you'll make... 0.001/100 X 1 million X $5 = $50 That's a measly $50! So what if you factor in what it cost you to get those 1 million visitors, your hosting fees and site maintenance cost, you'll see that this is truly terrible. However, this is just an example. Still going further with this example... What if all the traffic they got were 1000 visitors monthly? Then it will take them about 90 years to make just one sale. But using the 1000-visitors monthly instance, what if the conversion rate was 1%? That will mean they'll be making $50 monthly. What if their conversion rate rose to 10%? They'll be getting $500 monthly with the same number of visitors. But what if with this conversion rate of 10% they only manage to get 10 visitors monthly? They'll make a profit of only $5! Now, the point I have tried to stress is that you can't succeed without high quality traffic to your website. And in case you don't know, the quality of your websites traffic will affect your conversion rate positively without any extra effort from you. So if you've followed me keenly, what should you do if you really want to be a big success in your internet business? Make sure you get the highest quality traffic and as much of it as you can get! |

