Marketing
Marketing
If you have any kind of business, you need to market & advertise your
business opportunity so that you can monetize & earn income for yourself &
your family.
Imagine what could happen if...just 1 visitor out of 100 visitors buys your
product.
(FYI: Conversion Rate = # of people visit your site who buy your product
compared to the # of people who visit your site without buying)
| Website Visitors |
Conversion Rate |
Number of Sales |
| 1,000 |
1% |
10 Sales |
| 5,000 |
1% |
50 Sales |
| 10,000 |
1% |
100 Sales |
...we can imagine further....if your product costs $10.
| Number of Sales |
Product Cost |
Amount earned |
| 10 Sales |
$10 |
$100 |
| 50 Sales |
$10 |
$500 |
| 100 Sales |
$10 |
$1,000 |
....
Even if we imagine a lower conversion rate...
| Website Visitors |
Conversion Rate |
Number of Sales |
| 1,000 |
0.1% |
1 Sale |
| 5,000 |
0.1% |
5 Sales |
| 10,000 |
0.1% |
10 Sales |
...we can imagine further....if your product still costs $10.
| Number of Sales |
Product Cost |
Amount earned |
| 1 Sale |
$10 |
$10 |
| 5 Sale |
$10 |
$50 |
| 10 Sale |
$10 |
$100 |
Now, looking at these numbers, even at 0.1% (1 sale out of 1000) can
earn you money.
Now at a $10 sale you may not make any money, but if the sale was for $15 or
more you Depending on the amount you will profit (earn) after taking into
account the cost of the advertising you do to get these numbers, any fees you
may have, & the difference in the sale price of the product & your cost for
the product, you could still make some money.(Amount earned -
(advertising + fees + product) = your profit)
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