Continued from page 1
The numbers:
1 sale, multiplied by $50 per sale, divided by 50 visitors, equals $1.
Now, your goal is to pay LESS than
$1 cost per visitor - this difference is your profit.
You have to have a firm sense of your cost per visitor before moving forward with an expensive advertising campaign! Or you may soon find yourself overextended, and operating in
red.
2. Capture Those Non-Customer Email Addresses!
Now, before you run out and start to place ads, there will be an increased level flowing through your site very soon. Remember our 50 visitor to one sale ratio from earlier? One will buy...but 49 won't. You have to have a way to capture
non-purchasing visitor emails for future marketing efforts.
How to entice them to give up their addresses? Have sign up fields to your ezine on each and every page of your web site. Offer free information, in return for their email addresses (a free report, a multi-part mini course, a free ebook, etc.)
3. Track Your Way To Success
Finally, before you start advertising, you must have a way to track your results. Otherwise, you'll have no way of knowing which advertising vehicles are performing for you...which to keep, which to discard.
Sam Robbins' Adminder is one piece of software that is highly rated, and heavily used: http://www.adminder.com
If you successfully do all three of
above, you'll be able to proceed with placing your ads with confidence, firm in
knowledge that you're operating your business at a profit (and not running in
red).
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Paula Morrow heads Ideal Marketing Corporation, specializing in information products and training for newbie netpreneurs. Subscribe to IDEALProfits, now read in 12 countries, and receive 5 bonus ebooks! http://www.idealmarketingcorp.com/subscribe.html