Mon 19 Jun 2006
Establishing your own E-commerce site is not like what it used to be. There are many competitions that are all too willing to get a large share of the pie. Every scheme and method you can find to increase your sales would be very helpful.
We have got to admit to ourselves. Most of us are into it for the money. We are not going to waste our time and effort just for the fun of it. Many sites would not wait until hell freezes over just to see their profits. While there are some who takes things casually there are always those who would rather see profit any given day.
It is general knowledge that without traffic we have no business. Like any business, without any customers you don’t get sales. Traffic represents all the people that get a chance to see what you have to give. The more people who see your products the more people there would be to buy them.
Nobody puts up an E-commerce site that doesn’t expect profit. We have a startup capital that requires to be regained. With a regular traffic, we at least have a fighting chance to acquire that probability. Monetizing your traffic would optimize your chances of making the best out of it.
7 Responses to “Importance of monetizing your traffic”
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June 19th, 2006 at 11:20 am
Most of the ecommerce site I come across especially for tangible products are lacking in proper positioning of products and its attribute even their carts are not search engine friendly and properly designed with user friendly interface.
June 19th, 2006 at 1:34 pm
One of the best methods if not the best method to monetize your site’s traffic is to use advertising. There are hundreds of thousands of people on the internet looking for something or the other. Many of them might be looking for a product or service which your company offers. You can use the power of advertising to utilize that potential and earn decent profit.
Another very good and proven method of monetizing your traffic is by using affiliate programs. You can link up with big sites and online companies and monetize your traffic by having a percentage of sales generated by traffic sent from your site.
June 20th, 2006 at 10:09 am
Also there are hundreds of thousands of ecommerce site flooded on internet almost dealing with similar product or service, if you dont target and plan properly your advertisement cost might be wasted, hence it is crucial to calculate ROI and check the effectiveness of particular ad vehicle before you look for an advertisement. I would also suggest to do some basic SEO of your site and get considerable exposure of your site- before you look for an advertisement.
June 22nd, 2006 at 1:51 pm
Cross promotions through ebooks is an excellent way to monetize your traffic.
July 16th, 2006 at 7:26 pm
cart chair folding…
I would love to hear more about this ……
July 17th, 2006 at 9:18 am
Cart chair folding,
Its like primitive barter system, For example, a web designing company may promote a hosting company to close a sale, as the hosting company will promote that designing firm to their client. The same system can be implemented through ebook.
August 3rd, 2006 at 11:15 am
Target your audience based on where they actually surf and what they search, and what intend them to search.