Traffic - The Key to Online Success
There is no doubt about it. Traffic is the key to success in online marketing. You can have excellent products, a magnificent website with enormous amounts of valuable relevant information (content); a great choice of SE optimized keywords, and still not be making significant money as an online entrepreneur.
Consider what it was like being a prospector in the California gold rush of the mid-1800s. Only one or two percent of such prospectors got rich digging in the gold-fields. Maybe 5% made a living at it. But there was one group of entrepreneurs out there with a much higher success rate - somewhere between 50% and 80% got wealthy at it. This group was comprised of the merchants who sold the tools, equipment, and supplies that the prospectors needed to go out and dig.
We know the merchants sold much more than shovels. They sold "panning" pans, pick axes, tents, food, cooking gear, clothes, weapons, liquor, and a full panoply of tools and supplies that the prospectors needed. Let's use shovels as an icon for all these necessities - because until the prospector stuck a shovel in the ground, he had yet to actually begin prospecting.
It's a fact. Gold rush merchants were a lot more successful "prospecting" for customers than prospectors were at prospecting for gold. They made fortunes at it and lived well on the proceeds. Many of the grand old mansions of San Francisco were built by such merchants after the gold rush dust had settled; and many of their businesses continued to thrive for years afterward.
The Same Principle Applies Today
If you want to make big money on the Internet, you need to apply the same principle today that the gold rush merchants applied in their day. Sell shovels - or the Internet equivalent of shovels. Today's equivalent is website traffic - or, more specifically, the means of acquiring the "hits" you need.
Let's say your product sells for $10 and your website traffic amounts to 100 visitors a day, or 3,000 visitors a month. And let's suppose your site is so well designed and so well written that 20% of your visitors become customers. Terrific! So you make $6,000 a month. Not too shabby.
How likely is that 20% conversion rate of visitors to customers? It's not impossible if you are selling exactly what your visitors are looking for; but it's still highly improbable. Most successful online marketing sites convert between 1% and 2% of their visitors into customers. And that's the good ones.
So what does it take to make the same $6,000 a month if your conversion rate is only 2%? Answer: 30,000 unique visitors per month - or 1,000 visitors per day. Do website owners actually achieve that many "hits"? You betcha! Some get ten times that amount of traffic. So at $10 per customer and a mere 2% conversion rate they make $60,000 a month. Would you agree that's some business?
You Can Do It Too
There are two principle elements to the resources you need to duplicate that kind of success:
I could write a book about the reasoning and methodology of this approach to online marketing - but I don't need to. The book has already been written by a man who has walked the walk for the past seven years and has set down everything you need to know to become a big winner at Internet marketing. Not only has he provided the the know-how, but he also provides the tools (the shovels if you will) to duplicate what he has done. The result is a masterpiece. To learn everything you need to know about how to
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