Want to know
#1 misconception among Internet marketers and website owners?Here it is:
The biggest mistake web owners make is thinking that it's all about GETTING MORE TRAFFIC.
The term 'web traffic' gets over 43,000 inquiries per month according to Overture - that's over half a million queries a year! And that's not including
related searches like 'web site traffic', 'get more hits', 'increase web traffic, etc.
Of course this is understandable from one point of view. With search engines changing algorithms and competitor websites multiplying, it's understandable that web site traffic via
search engines is dwindling (That's not
only way to get traffic but that's a whole NEW article). So wanting more traffic for your website is a noble aspiration.
However it's not
most important thing. Not even close.
There's another factor that's even MORE important than having a well designed website or even getting web site traffic. What is it?
Web Conversion.
Web conversion is
ratio of sales to visitors to your website. So for example, if you get 100 unique visitors to your website and make 1 sale, your conversion rate is 1 / 100 or 1%.
Increasing your web conversion rate is 10 times more important than getting more traffic - in my humble opinion.
Want proof? Just run some numbers.
Let's say you're getting 100 unique visitors to your website per day and that you make 1 sale per day (or per 100 visitors). So your conversion rate is 1%. Let's say that each sale nets you $100. So you're making $100 a day or $700 a week.
Not bad right?
But let's say you want make more money so you decide to get more traffic. You run some pay per click ads and get 50 more unique visitors a day. (Or maybe you hire a SEO expert and pay thousands of dollars to get higher rankings, or maybe you buy some high-ranking links, etc.) Regardless that's a 50% jump in traffic.
Pretty impressive. But you've definitely put out a LOT of effort and even money to get more traffic. Was it worth it?
Well, you're now making an average of 10.5 sales per week (150 hits per day x 7 days x 0.01). That's approximately $1050 per week - or an extra $350 a week.
That's pretty good. But it did cost you depending on how you got that extra traffic.