Category: affiliate program
5 reason Why Online Businesses Fail in South Africa
In Layman’s terms,
you go to Google and type in “Blue Widgets”, and a website comes up number 1 selling blue widgets, this is due to an effective SEO strategy.
4. Leading the Horse to water (Conversion)
You can lead a horse to water, but you cannot make it drink. The same can be said online. All the traffic in the world will not guarantee sales. More traffic does not always correlate to more sales.
Website effectiveness is measured using a simple metric called Conversion
or a website Conversion Rate. To work out your site’s conversion rate, you divide the total amount of unique visitors (NOT hits) by the total amount of sales.
100 unique people visit your site, 2 people buy out of that 100, you have a 2% conversion rate.
Conversion Rate = Desired Action/Total Number of Unique Visitors The average global conversion rate is 2.4%.
The average South African website conversion rate is under 1%.
What does this mean? If you are spending an average of R10 per Click (PPC), driving 100 people to your site will cost you R1000. If only 1 in 100 purchase, that sale (cost per acquisition) has cost you R1000.
Let’s hope that you made more than R1000 profit
or you will generate no return whatsoever. The reality is that most websites suffer from terrible conversion rates. Usually,
their sites generate zero returns and actually lose money as their advertising costs exceed their profits.
Did you know that 75% of browsers back out of a shopping cart?
It’s even got its own term, called “shopping cart abandonment”. People enter the shopping cart, and something freaks them out to the point that 3 out of 4 run away. Was your delivery cost too high?
Did they think your site was a fly by night?
Was the return policy not clear? Were they worried about submitting their credit card details? These are some of the reasons that can lead to this.
5. A website is a website, or is it?
The first step before spending vast amounts on marketing is to refine your site’s conversion ratio.
There are websites and then there are online selling machines.
The difference is linked to the conversion ratio, one sells and makes money, and one does not.
By effectively increasing a website’s conversion rate,
you generate more sales, and more profit without spending more on marketing.
By following these key guidelines and contacting an expert company with a great track record, online success should not be contributed to luck.
Proper planning and execution will ensure long term sustainable success.
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Things To Keep In Mind When It Comes To An Affiliate Program
Affiliate Programs has exploded on the internet. Thousands of people join them everyday. The Plug-in Profit Site is one of the best examples of such phenomenal success. If affiliate programs are so popular,
so widely available and booming like mushrooms…Why do most affiliates have a hard time making them work? It could be that they’re not effectively marketing their business, or they didn’t develop a solid foundation for building their business.
Nevertheless, some affiliates are making big bucks.
Many successful affiliates easily bring in incomes of $100,000 or more per year. Making anywhere from $5,000 to $50,000 per month is easier than you might think. Of course, many affiliates never make much money at all. They either fail or just plain give up.
One of the most important things to do when trying to succeed with a Home Based Business is to have a compelling reason why you want to work from home or start a home business. Write your reason (WHY) down and refer to it often especially when you need motivation or just to stay focus.
For example, if you wanted to spend more time with your family, make your own schedule, or quit your job…write these reasons down and make them apart of you life.
Many people fail because they don’t have a clear vision of where they want to go,
how to get there, or even where to start. First of all, you absolutely have to know what it is that you want. Then do some research on how to get there. There is an overwhelming number of work at home opportunities and business startup programs that you can investigate online.
Just type those or similar terms into your internet browser to see the results that you get. However, be careful about the programs that you choose to participate in; we will talk more about that later. Just take the time to research and ask questions before you jump in.
Another way for you to stay focus and succeed online is to set your goals.
Goals are an important part of your overall vision. For example, if you wanted to quit your job in one year, you have to have a plan on how to aggressively replace your current income. Developing your why,
vision, and goals with the right Affiliate Programs will absolutely put you on the fast track to replacing your current income, and quitting your day job. Once you set your mind and heart in the right direction you will succeed at anything you choose to do.
So, lay the ground work for your future first by doing the things that I’m laying out for you here.
It‘s equally important to Choose the right types of Affiliate Programs to join. Subscription Affiliate Programs, in my opinion, is the best companies to join, because they offer immediate income possibilities.
When someone signs up for a subscription program and pays their monthly or annual fee you will receive immediate residual income as long as they remain paid members. Subscription programs will pay you residual income for years to come.
10 Ways To Profit Online Marketing
Guaranteed! Quickly and Easily!
When you think about On-line Marketing, what do you think of first? Which aspects of On-line Marketing
are important, which are essential, and which ones can you take or leave? You be the judge.
1. Sell more back end products
to your existing customer base. Also you already created rapport, trust and proved your credibility to them.
2. Make it a practice to up sell
to new and existing customers. After they decide to buy one product, offer them another product.
3. Cross promote your products
and services with other Online Marketing, that aren’t competition. You will reach a wider audience at less cost.
4. Create joint venture deals with other businesses.
Because you can expand your product line and target other profitable markets at a lower cost.
5. Start an affiliate program joint venture for your business.
You will be able to spend less profits on risk advertising and spend more money on guaranteed sales.
I trust that what you’ve read so far has been informative.
The following section should go a long way toward clearing up any uncertainty that may remain.
6. Trade advertising with other businesses
to save revenue. For example you could trade e-zine ads, banners ads, links, print ads, etc.
7. Out source part of your workload.
This can save on employee costs, equipment costs, taxation costs, expansion costs, etc.
8. Add low cost bonuses to your offer
that have a high perceived value. It could be ebooks, members only sites, consulting, e-reports, etc.
9. Use viral marketing to promote your business
on the internet. Give away free stuff with your ad copy include on it so others can give it away.
10. Follow up with all your prospects.
You can use a free e-zine, a follow-up autoresponder.
And update or reminder list, etc.
The day will come when you can use something you read about here to have a beneficial impact. Then you’ll be glad you took the time to learn more about Online Marketing.
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