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The Numbers Dont Lie!
It's true. They don't. That's why you should look at the numbers whenever you're searching for answers. Let me explain... A lot of times, I'll start cruisin' the forums and I'll notice folks saying their web sites aren't selling. They'll complain, "I've had my site up for six months and have only sold four ebooks. This blows." They're right. That *does* blow. I'm not gonna go into all the things they should be testing and tweaking. You've heard it a thousand times and I'm not in the mood to regurgitate it. Instead, I'm gonna simply list a process you should be following if you're trying to sell something from a mini site. Step by step. With a running example to drive the point home. Step #1: Define success Let's say you want to sell 100 copies of your ebook, "Sitting On Your Bum For Fun And Profit." If you sell 101 copies this month, you win. If you sell 99 copies, you lose. Simple as that. That's why we define success. So, we can get rid of the flighty "we almost made the goal" crap. You either make it or you don't. 100 copies is the "line in the sand." Step #2: Know your conversion ratios You get 1,000 unique visitors from Overture. You sell 8 copies of "Sitting On Your Bum For Fun And Profit." What's your conversion ratio? It's 0.8%. Let's be honest. That ain't so good. But, if you're happy with it, your job just got easier. All you have to do is drive a tidal wave of traffic to your site. Step #3: Do the math Here's what you know...
Can you make money? Depends. How much are those 12,500 visitors costing you? Let's say you're paying 10 cents per visitor. That means $1,250. And how much are you selling your ebook for? Let's say $29. 100 copies puts $2,900 in your pocket. Now, subtract the amount you shelled out for traffic and you're left with $1,650. Sounds good, right? Trust me. It ain't that good. You could be doing a lot better. But, I'll leave that for another article. Run Your Affiliate Product Promotion Numbers You need to do this for the affiliate products you promote, too. Know your numbers. Define your barometer for success. This is your "line in the sand." Figure out your conversion ratio. Do the math. For example, let's say I send 1,000 people to Michael Green's "Create And Sell Products Online" site... ---> http://www.damonz.com/green/ My goal is to turn 2.75% of that traffic into buyers. Or, at least put that traffic in the buying mood so that *Michael* can convert 'em. 30 people end up buying his toolkit. That's a conversion ratio of 3%. WooHOO! I beat my goal. What about my numbers? I know my profit on Michael's toolkit. I know how much cash it'll take to get 1,000 people to his site. And I know what percentage of those folks I can turn into buyers. That's all I need to know to build an income stream that keeps chuggin' along. The rest is simple... Go buy traffic. Send that traffic to Michael. Watch him convert 3% of that traffic to buyers. Remember, the numbers don't lie! Thanks for reading and have a great week! Damon G. Zahariades Copyright (c) Damon G. Zahariades. All rights reserved. About The Author Damon G. Zahariades is a recognized expert in info-product creation and author of the critically-acclaimed e-book, "The Special Report Bible." He will show you, step-by-step, how to create highly-profitable Special Reports. To find out more, visit today! ===> http://www.ReportSecrets.com
MORE RESOURCES: New Lightspeed Data Shows Digital Marketing is Driving Engagement and Growth for Golf Courses PR Newswire My summer well spent: Studying digital marketing in the Czech Republic Xi'an Jiaotong-Liverpool University How to Become a Digital Marketer in 2024? Simplilearn The Top 10 Social Media Sites & Platforms Search Engine Journal 10+ Digital Marketing Companies in the USA- 2024-25 Customer Think Juice Media Expands Mobile and Digital Marketing Capabilities Through Acquisitions of Mooko and MDG PR Newswire Niche marketing: How brands can use influencers to reach niche pockets of the internet Sprout Social What is Offline Marketing? (2024) Spotlight | DesignRush Study: 96% of sites in Google’s top 10 positions have 1,000+ links from unique domains Search Engine Land 7 Free Digital Marketing Tools For Small Businesses CO— by the U.S. Chamber of Commerce OuterBox Announces Acquisition of TopSpot, Creating a Top Independent Marketing Agency in the US AccessWire Internet Marketing Association Wraps One of the Largest Artificial Intelligence Conferences in America PR Newswire Digital Marketing for Car Dealerships [2023-2024 Guide] Spotlight | DesignRush Amazon Marketing Strategy 2024: A Case Study Simplilearn Digital Marketing for Restaurants (2024) Spotlight | DesignRush Top 23 Online Marketing Platforms for Digital Marketing in 2024 Influencer Marketing Hub The 43 best marketing resources we recommend in 2024 Sprout Social 10 Best SEO Services Of 2024 Forbes In-flight Internet Market Size, Share & Forecast Report, 2024-2032 Global Market Insights Coca-Cola Marketing Strategy 2024: A Case Study Simplilearn Digital Marketing Dynamics of 2024 Martechcube Social media - statistics & facts Statista Best online marketing service of 2024 TechRadar 11 AI marketing tools your team should be using in 2024 Sprout Social Global In-flight Internet Market Forecast to Reach $2.1 GlobeNewswire KFC Marketing Strategy 2024: A Case Study Simplilearn McDonald's Marketing Strategy - A Case Study Simplilearn What Exactly is Digital Marketing in 2024? Entrepreneur 10 Essential Digital Marketing Tools for a Successful Small Business Spotlight | DesignRush Top 10 Digital Marketing Trends For 2024 Search Engine Journal How SMBs are approaching digital marketing in 2024 Search Engine Land Guidance on regulatory measures aimed at restricting digital marketing of breast-milk substitutes who.int KWEB China Internet Market Volatility FAQ KraneShares 5 Tips for Your Digital Marketing Strategy in 2024 Social Media Today |
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