The Formula Needed To Blog Effectively
How to blog effectively begins with knowing the "formula" to follow. It doesn't matter how you want to make money online, this formula is what determines your effectiveness. Let me explain.
I've been trying to learn internet marketing for the past few years … I feel like I have tried it all. Adwords, Adsense, affiliate marketing etc … Now it's time to get serious with what I know and like. Out of all the options to make money online, they all fall under the same principal.
Understanding the principal of conversion rates is the way to know the full possible potential. It is also the formula I use to know how much work I will need to get done to reach my desired results. What am I talking about?
Traffic x Conversion Rate x Value = Profit … it is really this simple. For example, I want to make $400 a month online for starters, ok? It is statistically proven that 2% of my website visitors should buy from me. For me to get my desired $400 a month, I need 2000 website visitors with a product to sell of $10.
Of course if I had a higher priced item, I would need less visitors. Makes sense to me, does it to you? Let's examine my desired monthly results in "the formula" …
Traffic x Conversion Rate x Value = Profit
2000 x 2% = 40 x $10 = $400
Now I know what I need to succeed. 2000 website visitors a month is a very realistic goal and should be reachable if the blog I build is set up properly. I should have no problem following the formula to reach $400 a month. I hear you saying, that's it? Only $400 a month? Really?
Well, that would be a nice extra amount of money for me, wouldn't you like an extra $400 per month? Plus once I get it to work I'm going to use the "secret method" to turn that into money a month. Shhhhhhh, don't share this secret method with anyone, ok? It'll be our secret.
"Rinse, Repeat, and Profit!" … get one blog making my desired results and do the process over and over. Now the $400 x 10 successful blogs turns into $4000 a month! Again, it is really that simple and how to blog effectively.
Journey To Blog Successfully | How To Find A Profitable Niche Market
PS: One of the best methods to increase conversion rates is to "create urgency"
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