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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: Meet the Founder of a Black-Owned Digital Marketing Agency Devoted to Helping Black Businesses Thrive Online BlackNews.com Jim Boykin – Internet Marketing Ninjas Business & Leadership 10 B2B Marketing Trends For 2024-2027 Exploding Topics Top Digital Marketing Packages in 2024 Influencer Marketing Hub 18 Online Review Statistics Every Marketer Should Know Search Engine Journal A Case Study on Apple Marketing Strategy Simplilearn Digital Marketing Agency Market Size, Share | Trends, 2032 Business Research Insights 10 Best SEO Services Of 2024 Forbes Meet The 7 Most Popular Search Engines In The World Search Engine Journal The Best SEO Conferences For 2024-2025 (Virtual And In-Person) Search Engine Journal (PDF) Effects of digital marketing practices on performance of insurance sector: A critical approach with a review ResearchGate Juice Media Expands Mobile and Digital Marketing Capabilities Through Acquisitions of Mooko and MDG PR Newswire US, Europe begin scramble for Africa’s satellite internet market Mail and Guardian 10+ Digital Marketing Companies in the USA- 2024-25 Customer Think McDonald’s to focus on digital marketing with new fund Restaurant Dive (PDF) Digital Marketing in the Makeup Industry - Attraction and Retention of Generation Z ResearchGate Digital ad spend worldwide 2027 Statista What is Offline Marketing? (2024) DesignRush 15 Reasons Why Your Business Absolutely Needs SEO Search Engine Journal (PDF) Challenges Faced by Indian MSMEs in Adoption of Internet Marketing and E-Commerce ResearchGate Satellite Internet Market Size to Hit USD 37.64 Bn by 2034 Precedence Research In-flight Internet Market Size, Share, Industry Report, Revenue Trends and Growth Drivers MarketsandMarkets How to Become a Digital Marketer in 2024? Simplilearn 6 Top Advertising Trends to Watch (2024 & 2025) Exploding Topics 11 of the Best Digital Marketing Schools: From Certificates to Postgrad Programs Influencer Marketing Hub Bachelor of Science in Marketing Analytics (BSBA) Liberty News Top 22 Online Marketing Platforms for Digital Marketing in 2024 Influencer Marketing Hub Digital Marketing Dynamics of 2024 Martechcube The 43 best marketing resources we recommend in 2024 Sprout Social Best online marketing service of 2024 TechRadar Top 18 Digital Marketing Influencers Simplilearn Coca-Cola Marketing Strategy 2024: A Case Study Simplilearn Social media - statistics & facts Statista 40 Best Online Shopping Sites on the Internet for 2024 Influencer Marketing Hub 11 AI marketing tools your team should be using in 2024 Sprout Social McDonald's Marketing Strategy - A Case Study Simplilearn What Exactly is Digital Marketing in 2024? Entrepreneur Study: 96% of sites in Google’s top 10 positions have 1,000+ links from unique domains Search Engine Land KFC Marketing Strategy 2024: A Case Study Simplilearn Blue Stream Fiber enters the Houston market with $150 million investment plan The Business Journals |
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