Few Areas to Invest Your Online Marketing Efforts

Mar 04

Few Areas to Invest Your Online Marketing Efforts

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Internet success takes time, effort and knowledge. There's no easy “get rich quick” method, so you need to spend the time for building income stream from your web site.

You can find many kinds of web sites that have the aim, directly or indirectly, to make money. Apart from the online retailers who are using their sites to directly make money, you can find many web sites with various money making features.

Banner Marketing

They were one of the first ways of making money from hobby web sites, however they are not so popular now since most surfers don't even look at them. In fact, the click-through rate has steadily dropped, from around 5% 4 years ago to less than 0.5% now.

A rule of thumb I use when determining price is I want the potential customer to see just the free bonuses as worth the price tag alone. And now you throw in the actual product your selling and it becomes a no-brainer for them to purchase…again, perceived value is everything!

Under this category are things such as free lotto tickets and various games where you can win prizes. Often, these are implemented as pop-ups and are much more annoying than banners.

Affiliate programs

They pay you a percentage of the sales you generate for them, or for each visitor you send. This is one of the best ways of making money on the Internet.

You don't have to spend time and energy creating your own product. And some of them pay 50% commission. See Affiliate programs for more information on building income from affiliate programs.

Here again, you must know your numbers:

How much does it cost you to produce/deliver one item? What will be your net profit -Is this satisfactory for you? How many sales have you estimated you will make and what is your projected income at this price level. -Is this satisfactory for you?

And, last but not least, are you providing 150% of the value the customer paid for? If not, go back and make it a 150% valued product. This is the secret to keeping your customers and turning them into lifetime clients!

The author is free lance content writer and SEO optimization services from India at affordable and economical prices http://byseoindia.blogspot.com to you could reach him at: byseoindia@gmail.com
[ source: sooperarticles.com ]

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