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Once your site is published and
promoted to the search engines, your top priority
should be improving your "Conversion Ratio".
It does no good to invest more capital into a
machine that is not "efficient". If you want to be
successful online and make a profit, you have to
pay very close attention to your Conversion Ratio.
What is
your Conversion Ratio?
Simple, it's the number of visitors who actually
buy your product or service divided by the total
number of visitors. If you sell 1 product or
service for every 100 unique visitors, your
conversion ratio is 1%. Industry statistics
indicate the average web site converts about 1% of
visitors to customers, so a good conversion ratio
would be 2% to 5%, and 10% or more would be an
excellent CR.
There are
simple steps you can take to improve your
conversion ratio and increase profit from your
online marketing sales leads.
If you follow these steps, you will be surprised
how this little bit of information can easily
Triple your Internet Sales. Even if you only
increase your conversion ratio from 1% to 2%,
that's 100% increase in your revenue! What if you
could just increase your CR to 3%? That is a
300% increase in your revenue. You can Triple Your
Sales with no extra marketing costs!
Traditional selling
is done by face-to-face contact where all the
nonverbal elements play their roles. Nonverbal
"Body Language" is more than 90% of normal
communication. Online marketing on the other hand,
does not allow for any nonverbal elements to
operate. Instead of the human sales process,
your visitors get non-human and unfriendly
technology.
This is
why it is critical to understand how your website
operates from start to sale.
What happens when a visitor gets to your site? Do
they buy? Or do they just leave and never return?
You would be surprised how many companies do not
even track their traffic. They have no idea how
many potential buyers visit their site, or what
their conversion ratio is. In web marketing, this
is a big mistake...
Five Steps to Increase
Online Sales
Any good sales
person knows there are five steps to the sales
process, they are:
- Prospect
- Rapport
- Qualify
- Presentation
- Close
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