How to Measure Advertising Success Online

Written by Stone Evans, The Home Biz Guy


It is easy for me to tell you that you need to trackrepparttar success of your online advertising. It is also easy for me to tell you that you must do so in order to know which of your advertising is helping you to make a profit, to break even, or to breakrepparttar 100748 bank. Far too many advertisers get caught inrepparttar 100749 online money pits in an effort to develop their online business.

DON’T BE AFRAID

I also know that when I say these things, some people get spooked. People get spooked because although they might run an online business, they may not understandrepparttar 100750 technology that keeps their business running.

Let’s face it.

More people are learning how to design and develop their own webpages. In fact, software has been created to help them do so rather easily.

But when it comes down torepparttar 100751 more complex technologies such as web logs, database technology, and web programming, most people just freeze up and fail to make an informed decision.

Some will turn to a programmer with hopes that a programmer could save their online business, and many will get burned by their personal programmers. When a programmer burns a webmaster, repparttar 100752 cost can be very high. And atrepparttar 100753 end ofrepparttar 100754 day,repparttar 100755 programmer may leaverepparttar 100756 webmaster with a broken web site.

The only real choices left to most webmasters is to learn how to install pre-made scripts on their own, or to keep their websites technologically simple. *Technologically simple* often fails to helprepparttar 100757 webmaster findrepparttar 100758 success that he or she so fervently desires.

UNDERSTANDING THE NATURE OF PRE-MADE SCRIPTS

Web software is often very simple in its installation, sorepparttar 100759 webmaster really should not fear it.

All one needs to install their own pre-made web scripts (software) is an online web site file manager or optional FTP software. They will also needrepparttar 100760 ability to changerepparttar 100761 *permissions* onrepparttar 100762 files on their web server.

When downloading scripts for installation on your server,repparttar 100763 file may come in .zip, .tar, or .gz format. Each of these are variations onrepparttar 100764 compressed / zipped file format. There are many utilities available for unzipping files. One such utility is WinZip which can be found at: http://www.winzip.com/

Most scripts, once downloaded and unzipped, may appear in text format with extensions such as .php, .cgi, .pl or .cfg.

Most of these files can be read as plain text in an application like NotePad. Occasionally,repparttar 100765 file will be in a binary format which cannot be read with a text editor.

The files which can be read in a text editor are often written inrepparttar 100766 Perl or PHP programming languages.

While most ofrepparttar 100767 scripting will seem like Chinese to you, you will be able to pick out certain sections that can be read and understood easily.

Ifrepparttar 100768 application also contains a .cfg file, this is your configuration file that can usually be changed to reflect your own personal needs or desires forrepparttar 100769 operation ofrepparttar 100770 software.

NEXT STEP, UPLOAD THE FILES TO YOUR SERVER

How to Calculate ROI (Return on Investment)

Written by Stone Evans, The Home Biz Guy


ROI (Return on Investment) is probablyrepparttar most important calculation one needs to make to ensurerepparttar 100747 long-term viability of their business. It is not enough to build in a profit margin onrepparttar 100748 product or service being offered. One must track with proficiencyrepparttar 100749 amount of dollars being invested into attracting sales and how much ROI those dollars put back intorepparttar 100750 business. Ifrepparttar 100751 investment meets too little return, a product line is doomed to fail inrepparttar 100752 long-term.

THE BASIC ROI PERCENTAGE CALCULATION

Many experts seem to agree, “calculating an accurate return on investment (ROI) is not an easy thing to do.”

I do not intend to give you a thorough analysis ofrepparttar 100753 ROI calculation process. Calculating an accurate ROI is hard to do, but explainingrepparttar 100754 full scope of ROI calculations in less than 1000 words is far more difficult.

As such, this article is only intended to introduce you torepparttar 100755 basic concepts behind ROI calculations. Here is a very basic equation for calculatingrepparttar 100756 ROI:

ROI = [(Payback - Investment)/Investment)]*100

Your payback is actuallyrepparttar 100757 total amount of money earned from your investment in your company. Investment relates torepparttar 100758 amount of resources put into generatingrepparttar 100759 given payback.

You should run ROI calculations on both monthly and yearly timelines.

IMPROPER CALCULATIONS BY MANY SMALL BUSINESS OWNERS

The actual amount of investment into a business is often misunderstood byrepparttar 100760 business owner. As a result, true ROI calculations for most small businesses are skewed.

Most small business owners make their mistake in this most necessary calculation, because they do not properly value their own time. Please note that when I previously defined “investment”, I stated that it relates torepparttar 100761 “amount of resources put into generatingrepparttar 100762 payback.”

Indeed, “resources” includes cash money. But, it also includes “human resources” or “time”.

If most small business owners would value their hours atrepparttar 100763 minimum wage, and calculate their time intorepparttar 100764 investment equation, they would soon realize that their small business is running inrepparttar 100765 red!

Some small business owners will finally run ROI calculations includingrepparttar 100766 human resources, and suddenly realize that they could make more money working a job. Ifrepparttar 100767 small business owner has been running their business for a really long time, struggling to make ends meet, they might see this calculation and close their doors once and for all.

PLEASE DON’T LET ME DISCOURAGE YOU

I do not share this revelation with you so that you will close your business down. Quite torepparttar 100768 contrary. I share this with you so that you can seerepparttar 100769 big picture and start running your business in a way that will actually generate a real profit for you and your business.

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