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
http://www.WebBusinessToday.com
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
![]() Google News Updated : Sat, 11 Oct 2008 05:49:35 GMT McCain Lauds and Attacks Obama in Same Day - New York Times
New York Times - Senator John McCain of Arizona and his supporters at a rally on Friday in La Crosse, Wis. By ELISABETH BUMILLER LAKEVILLE, Minn. - After a week of trying to portray Senator Barack Obama as a friend of terrorists who would drive the country into ... McCain Moves to Soften the Tone at Rallies John McCain, speaking to supporters, tries to defuse an anti ... Publ.Date : Sat, 11 Oct 2008 05:08:14 GMT G-7 Commit to `All Necessary Steps' to Stem Global Meltdown - Bloomberg
Bloomberg - By Simon Kennedy Oct. 11 (Bloomberg) -- Group of Seven finance chiefs, meeting after stocks plunged and as a global recession looms, vowed to prevent the failure of vital banks while failing to unveil new initiatives for thawing credit markets. Group of 7 Nations Seek Coordination in Rescue In latest bold step, Treasury will buy bank stakes Publ.Date : Sat, 11 Oct 2008 04:03:42 GMT Genomics project unites four Wisconsin research institutions - Milwaukee Journal Sentinel Milwaukee Journal Sentinel - By KATHLEEN GALLAGHER Wisconsin’s four biggest academic research institutions will collaborate on an initiative aimed at giving the state national stature in the fast-emerging field of individualized medicine, Gov. Marshfield Clinic gets biggest donation yet Wis. governor unveils gene research triangle Publ.Date : Sat, 11 Oct 2008 05:29:44 GMT Paulson Indicates Need to Purchase Bank Equity `Soon as We Can' - Bloomberg
Bloomberg - By John Brinsley and Rebecca Christie Oct. 11 (Bloomberg) -- US Treasury Secretary Henry Paulson indicated that pumping government funds into banks is a priority and said financial markets will remain volatile. US planning to buy equity in financial institutions Treasury Weighs Investing In Banks Publ.Date : Sat, 11 Oct 2008 04:21:05 GMT US Near Changing Stance on North Korea as Terrorist - Wall Street Journal
Wall Street Journal - By JAY SOLOMON WASHINGTON -- The Bush administration is hoping to announce as soon as Saturday that it is tentatively removing North Korea from its list of state sponsors of terrorism, in a bid to kick-start a stalled nuclear disarmament agreement, ... AP: US to remove North Korea from terror blacklist US May Remove North Korea From Terrorism List, AP Reports Publ.Date : Sat, 11 Oct 2008 04:02:40 GMT Democrats Are Gaining, Registration Data Shows - New York Times
New York Times - By NICHOLAS CONFESSORE and GRIFF PALMER Some longtime Republican strongholds in New York are becoming increasingly Democratic, a striking change driven by demographic shifts, intense voter registration drives by Democrats and allied groups and sagging ... Campus registration drives in full swing Ott, Hook face off for open county office Publ.Date : Sat, 11 Oct 2008 03:20:33 GMT Bush: US authority able to solve financial crisis - People's Daily Online
People's Daily Online - US President George W. Bush arrives in the Rose Garden at the White House to makes a statement on the economy in Washington, October 10, 2008. President Bush vows action on financial crisis Bush's Lullaby to the Markets Publ.Date : Sat, 11 Oct 2008 04:12:49 GMT Get Paid for Surveys |
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