Friday, October 30, 2009

What is Web Conversion Rate and How Do You Get That Number?

Website conversion rate is a mathematical formula that compares the incoming traffic to the number of sales during a specified time period. In most terms it is how many customers purchased compared to how many people were sent to your website. An average rate is 1%.

The rate is not just about sales, it also is used for landing pages, squeeze pages, email sign up pages, affiliate landing page, and any other web page that gets traffic. And remember, each of your web pages will have a different website conversion rate.

One easy way to find out what your rate is, is to gather data from your pay per click advertising campaigns, then look at your sales (number of customers) or email sign up numbers. You will need to pick a start and end date for both your sales and PPC campaigns to have your number come out correctly.

You should try a 1 or 2 week time frame at first. Look at your stats for your PPC campaign for that time frame, then get the number of customers, or email sign ups, during that same time period. You should be able to get this number from PayPal, Clickbank, your email autoresponder, or your other accounts. You now should have 2 numbers, number of PPC clicks and number of sales (or email sign ups).


Now for the easy math, and yes a calculator will help. Take your sales number times 100 = then divide that number by your PPC number. Your resulting number is your conversion rate (already in %). This is how the math is written out: sales * 100 / PPC = conversion rate in %.

For example, if you chose a 2 week period from the 1st to the the 15th, and if you had 50 customers (or sign ups), and you paid for 1,000 clicks, your conversion rate would be 5%. The math would look like this: (50 * 100 )/1,000 = 5 %). Another example, if you paid for 10,000 clicks and you had 100 customers, your conversion rate would be a 1% rate and the math would look like this: (100 * 100 ) / 10,000 = 1 %).

Now that you know what website conversion rate is and how to get your own numbers, your next step is to discover how to increase your rate. When you increase your rate, you increase your sales without increasing your traffic expenses.


Share/BookmarkSubscribe

Read More...

Develop Your Emotional Intelligence

Implementing existing strategies to make fast money is more possible today then it ever was before. With the advent of all the technology, you'll be able to find the solutions and answers to almost every problem or question out there. Having an exit strategy is one thing, but if you can't or won't implement it then it is absolutely useless. This goes back to having an action plan, something that allows you to follow along step by step, so you don't get to sidetracked. There are short term exit strategies that allow for you to make some fast money, and there are longer term strategies the will still make you money, just not the fast money.

Buying into the stock market can be scary venture for anyone with little or no knowledge of the workings. In order to give yourself the best possible chance to make both, fast money, as well as the long term consistent money, you have to educate yourself, and continue to learn on an ongoing basis. You also must be able to implement exiting strategies without letting your emotions factor in. This is where many people will have a difficult time. Emotional intelligence is one of the main components you'll need to develop in order to succeed in the 21st century. It will factor in to almost every decision you make, or don't make. By eliminating the emotional aspect, and learning how to change your emotional programming, you'll be implementing exiting strategies without another thought.

Channeling is a concept that is common in the stock market lingo. It allows for anyone to make fast money, with very little risk. When a stock price is at $10 and moves to $15, then back down to $10, and keeps this similar pattern, it is said to be moving sideways. This is your opportunity to get in at the low of $10, and then ride it up to $15. By implementing exiting strategies, without emotional involvement, you'll be making some fast money, virtually risk free. These types of stocks must be monitored for a period of time until there is a visible pattern that emerges. You should always do your due diligence in your studies of these stocks, either on your own or through a licensed broker or advisor.

Most people think that you can't make fast money in the real estate market. They think it is a buy and long term hold, so the thought of anything else never enters their minds. This is where your creative thinking will come into good use. Just because you've never bought a property with no money down, doesn't mean it can't be done...just because you've never seen a 40 foot shark, doesn't mean they don't exist. If there are people out there that have purchased property with little or no cash of their own down, and then flipped it to earn some fast money, then all you have to do is study and learn how they did it, and implement those steps yourself. But you must take action because results don't happen without actions.

Share/BookmarkSubscribe

Read More...

Friday, October 16, 2009

Affiliate Prorgam Currently In Peak Performance

In these days, more and more firms are setting up their business on the Internet. As a result, affiliate programs have risen in popularity as a strong internet marketing tool.

What the affiliates have to do is directing potential customers to the firms' website. These affiliates get rewarded for their promotional efforts. This is a wonderful way to make some extra money by making full use of the website. It is high time for you to take advantage of this chance to make easy money.

Affiliate marketing is a popular trend in these days and with the spread of the Internet, it will be the wave of the future. The Internet plays a crucial way in today living and good affiliate marketers know how to take advantage of it.

What you should keep in mind is that finding good affiliate partners is critical in the affiliate marketing. Good affiliate partners is related to how you make money and how much you can make.

If you want to improve your chances of success, you should learn from those who have done it successfully. Now there are many professional knowledge on the Internet which can help you learn what pitfalls to avoid. It can also save you time as you search for the perfect affiliate marketing program.

Thanks to today technology, there is an easy way to collect a lot of great affiliate marketing material without cluttering up your bookshelf. You can transmit a wide variety of affiliate marketing e-books directly to your Kindle or other e-book reading device.


Share/BookmarkSubscribe

Read More...

Tuesday, October 13, 2009

Students Can Make Money?

All students can do with a little extra cash. So what are some money making options for a student?

You could get a part time job. But let's be honest, most part time jobs aren't much fun. Nor do they pay fantastically well. Students often end up working long hours in a bar or restaurant for little money, others might get involved with part time manual work such as cleaning which might pay even less.

You will be pleased to hear that there are other options!

One thing that might appeal more to you is running a part time internet business. I strongly recommend this as an option for any student as this is something I have done myself.

Running a part time business online can benefit you three ways:

* You can make good money
* You are your own boss, and
* You can gain a lot of useful experience that can be used later on in life.

I imagine that as a student you will have a computer to help with your studies. If not, then you probably have easy access to a computer on campus or from a friend.

There are just two basic tools you need to run an online business - a computer and an internet connection.

Of course, you need a little bit of 'know how' also, but this knowledge can be surprisingly easy to obtain.

If you want to keep your online business simple then there are obvious options, such as selling unwanted items on eBay. You may have some old CDs, DVDs or books that you don't want any more that you can sell on eBay.

Selling this way will make you a bit of money but it is not hugely sustainable because you are soon likely to run out of stuff. To replenish stocks, you could visit some yard sales to buy things cheaply then resell them for a small profit on eBay.

As an alternative to eBay consider selling your unwanted items on Amazon, at the Amazon Marketplace. I have found it a really good site, to both buy and sell items. For example, I sometimes buy DVDs of TV series watch them and then sell them to someone else on Amazon. That way, the DVDs end up costing me just a few dollars rather than paying 30 dollars to buy them new. You can even come away with a profit sometimes!

But if you are REALLY SERIOUS about making a good income online (maybe a thousand or two thousand dollars a month - or even more) I would recommend doing what I did: be patient, take a long-term view and learn about marketing and selling over the internet.

It is important to try and get to grips with the following:

* Learn how to create and market a website: I spent some time learning how to create a website and just as importantly how to market a website... There are many ways to market a website online, for example you can use articles or you can use search engine marketing - such as Google AdWords).
* Create your own products and use affiliates: Once both things are in place, and you are generating traffic to your website, you can either send that traffic to another website - this means you will be an affiliate of that website and should earn yourself a commission on any sales made from traffic that you send to that website - or you can create your own products instead, maybe an ebook or marketing toolkit that you might then sell via your own website.

Before you get started on your own online venture it is very important to research the market to see what is selling, a good starting point could be a site called Flippa.com. Flippa is a site where you can buy ready-made websites, so by taking a look at the site you can see what the current trends are, for example which type of sites are in demand and trading well.

As with most things, the more you understand the more money you can ultimately make for yourself. So you can start at the easy end (little stress, modest profits) - trading on sites such as eBay or Amazon Marketplace - or you could put in the time and effort to develop expert knowledge and build up a credible part time business that might make you a thousand, two thousand dollars a month, maybe more.

Who knows... maybe a year from now you may be pleasantly surprised to discover how much you have earned online working part time!



Share/BookmarkSubscribe

Read More...

How to Finding Sites that Can Making Money!

An excellent additional income opportunity is one that you'll be able to study online, because you're working online naturally! You need a course of instruction that teaches you all you need to know about money making sites. You need step by step info on a daily basis that demonstrates to you the complete process and with somebody assisting you every step of the way with skilled advice. You need a course of instruction that requires using the Internet to sell products without handling them, but bringing in a commission from every purchase!

Again, the finest method to learn how to make money online is to get a step-by-step, one-on-one assistance and the direction that have made so many additional people just like yourself became successful. They'll tell you that they didn't learn how to create income online from eBooks to create income online. The finest method is by implementing what you learn as you learn. To do this, you want a system or surroundings that will allow you to implement and experience what you learn and guide you every step of the way.

If you would like to be successful in earning money online, the finest way is to pick a resource that is involved with your success. Such loyalty can easily be determined by the accessibility and type of ongoing support, tools, and direction that you need to earn income online. Nevertheless, it must not cost you your entire savings to get these tools. More significantly, you must be able to get all that you require from just one single source and with one payment. It could be each month or annually but it should be cost effective.

There are resources that will entice you with a lot of free offers but create the need to pay for supplemental needed tools. There are so several money making sites out there, believe me as I've signed on with a measure of them. To be reasonable, a few of the resources are adequate, and can meet particular needs. Nevertheless, the finest way is to gain access to a full set of resources at one site you merely can't yield to pursuit after the next best thing that appears to be profitable.



Share/BookmarkSubscribe

Read More...

Thursday, October 8, 2009

How I Became a Full Time Online Entrepreneur

My experience in trying to learn how to do business online wasn't actually as pleasant and enjoying as a comfortable walk in the park would be for anyone. Believe me, I had my own share of struggles and sacrifices at first. However, because of my strong desire to really quit my day job and just create a consistent flow of income from the very comfort of my home someday, I was very willing to endure the long hours of study and countless other sacrifices I had to undertake in order to achieve my goal.

So, did I finally succeed in my endeavor to becoming an online entrepreneur and create a consistent & full time living from home someday? You bet I did. Although I don't believe in luck really, after only barely more than a year - I got what most would call a "lucky break" already. But I'm sure you would like to know what steps have I actually gone through to achieve such goal and how?


Here is my story.

The very first venture I took and experimented with which actually became an eye opener for me later on in my entire pursuit to create income online was none other than eBay. However, it did not take long for me to realize that this method of making money on the internet wasn't really for me but it did introduce me to a product that will spark the whole idea of how to really create an income online for me. This product was a package consisting of hundreds of ebooks teaching several different topics on how to make money online and how to market any product, business, or website on the internet.

The first significant step I took towards my online success was to actually buy that ebook product. I can still recall very well how too novice I was to the whole internet industry and the very nature of how to do any kind of business online. I started reading every ebook that was included in the package. It was very exhausting for me as I felt I was racing against time since I very badly wanted to start earning an income to prove to my self that this goal was very much achievable and the other reason was that so I could immediately recover my small investment for buying that product which was actually a big amount for me already at that time.

The first topic that caught my interest amongst the several ebooks that were inside that package was how to make money using Google's AdSense program. So I began researching on how to own a website which then lead me to building my first ever website. Having my own website later on introduced me to other ways of making money online including earning from affiliate programs.

Little did I know that after learning all that, I would now face the hardest part of the entire process which was the challenge of promoting my website. However, I knew at that moment that I was slowly but surely heading on towards my goal inch by inch as day goes by.

If you search the topic about promoting a website, you will find several different methods out there. I actually did try almost every proven method. But there is only one internet marketing method that I have proven effective and remains to be the main source of traffic for my websites - and that is the method of ranking my websites on top of the search engine pages.

Share/Bookmark
Subscribe

Read More...
Brands are all around us today, and there are many companies who do nothing else apart from taking your product and business and creating an image in customers minds that is associated with the product or service. But how will you get branding to work for you?

First of all, let's have a look at the history of brands. Like most things, real mass-marketed brands originated in the UK. Industrialisation was pioneered in Britain in the 19th Century. Until then, most products were very localised and were mostly produced in small cottage industries.

After industrialisation blossomed, mass produced products were made available to a wider audience, but something was needed to make customers want to buy these new products that came from many miles away.

That something was marketing of brands. The word 'brand' is, as you have guessed it, the same thing as the mark that shows to whom a cow belongs. A bar of soap would be stamped or branded with the company logo. This meaning was then extended to include any show of company identity with a product.


The Bass brewery in Britain has a distinctive red triangle that they branded onto sides of their barrels. This is claimed as the world's oldest brand.

The role of a brand is to associate in the minds of your customer the idea or image of your product, company or service. People need to want the thing you are selling, and unless your thing is truly unique then you're going to have to do a good job of associating an image with your product to make customers want it.

Common images that are used for marketing are luxury, youthfulness, fun, or sexiness. Once a product is associated with one of these, it quickly becomes more than the sum of its parts, and people start to buy the brand rather than the actual product.

What this means to you is that your business or product needs to stand for something, and that something has to be fundamental to human nature. People want to be liked, respected, they want to be found sexy, they want to smell nice. Your business or product should appeal to one of these. Try to find a niche, and then stick to it. It takes a long time for people to associate the brand with you so don't keep changing it.

Once you've found your image, ensure that you are telling the truth. If your image is 'cheap' why are you charging 3 times as much as the next guy? Your reputation is 80% of the brand image. Your marketing can be excellent but if you don't deliver, be sure that the word will spread.

If you have a business established, and are looking to brand it, maybe you don't need to think of a new brand, just listen to what your existing customers have to say. How do they see you?

Think: how is your business or product better than the next one? If you know, then tell the world.


Share/BookmarkSubscribe

Read More...
 

Followers

Free Automatic Backlink
Add to favourite links
GrowUrl.com - growing your website
Marketing Blogs - BlogCatalog Blog Directory