Learn how to make the most money with your existing traffic level.  Make your website visitors open their wallets.

To succeed in Internet marketing, you need to learn how to maximize the value of your website visitors. Here are the top 5 strategies on how to squeeze the most profit out of your website:

1.  Tweak Your Sales Copy

The most sure-fire way to increase your profits is to tweak your sales copy to increase the conversion ratio of your website.  Conversion ratio is how many visitors you need on average in order to make a sale.

Look at your website statistics for the last month – how many unique visitors did you have?  Now look at your sales report – how many sales did you make?  Based on these numbers, how many visitors do you need to make a sale?

Let’s say you are currently selling to 1 out of 200 visitors.  If you tweak your sales copy so it starts selling to 1 out of 100 visitors, you will double your sales – without having to increase your traffic!

2.  Tweak Your Prices

Most commonly you will make more money if you increase your prices.  Lowering prices can result in more sales, but lower total profits – the number of additional customers is often not enough to cover the price drop. 

If you slightly increase your prices, most of the time you will not lose many customers and will end up with more money in your pocket. 

Experiment with both increasing and decreasing your prices to find your most profitable price point.

3. Capture Visitor E-Mails

If you don’t get your visitors e-mail addresses, you lose those visitors forever once they leave your website.  You will not get a chance to convince them to buy at a later time.

When you get their e-mails, you can constantly follow-up by e-mail and get many more chances to sell.  If you don’t have a mailing list on your website, you are leaving a lot of money on the table.

4. Upsell

If someone clicks on a “Buy” button for one of your products, offer them a choice of “deluxe” version of this product at a higher price. This technique is called “Upsell”. The prospect is already excited about the product, and is very likely to go for a beefed-up version of this product. 

Just ask if they want a deluxe version, and offer a choice of “Yes” or “No, I just want standard”.  You have nothing to lose.  If they choose to upgrade, you get more money just for asking.  If they go for the standard version, that’s what they would’ve gotten in the first place – you still don’t lose anything.

5.  Backend Sales

Those who already bought something from you are very likely to buy from you again (providing that your product met their expectations).  It’s much easier to sell something to existing customers than to a cold prospect.  Sales that come from marketing to existing customers are called “backend sales”.

Keep in touch with your customers by e-mail, and promote your other products that might interest them.  If you don’t have additional products, become a reseller for other companies that sell relevant products, and make commission on those sales.

  4 Ways To Use Quality Content To Increase Traffic To Your Website
There are multiple ways to drive traffic to your website. You can use pay per click, search engine optimization, email marketing, ezine advertising and many more. One of the strategies that has been neglected in the past but is now taking more and more importance is how to build quality content and use it to get more traffic to your website. If you have quality content, you can profit from that in several ways to increase your traffic. Here are 4 ways: (1) Use content to attract the search engines Search....

  7 Surefire Ways To Increase Your Traffic Starting Yesterday
7 Surefire Ways To Increase Your Traffic Starting Yesterday This article explains a few things about Internet Business,traffic,generating traffic,Viral Marketing ,marketing, lead traffic, and if you're interested, then this is worth reading, because you can never tell what you don't know. Internet. Business. Profit. To fully integrate all of these words into a successful merging you will need another word. Traffic. Every article you will find about making your site or company successful would always include the importance of generating traffic. So, we all know that in the core of it all, traffic is the most essential thing to a successful....

  Five Ways to Increase Website Traffic through Online Message Boards and Blogs
The use of message boards and web blogs is becoming increasingly more popular, not to mention that they are very powerful tools.... The use of message boards and web blogs is becoming increasingly more popular, not to mention that they are very powerful tools. Message boards and web blogs are as good as word of mouth. Real people are on those message boards and blog sites to give their opinions and thoughts for the entire Internet world to read. They, the people, can literally make or break your website. Regardless....

  Social Marketing vs Search Engine Marketing
The difference between social marketing and search engine marketing. Find out which one is best suited for you. So you have a website but do you get enough traffic? The number of page views your website gets determines its success. What's a website worth anyway if only gets a few page views.There are several ways of increasing the traffic to your website. We'll discuss only social marketing, which is getting popular, and search engine marketing.Social MarketingA lot of people are joining social communities and social bookmarkings these days. These sites allow you to interact....

  How To Monetize Your Traffic So You Get The Most Out Of It
Establishing your own E-commerce site is not like what it used to be. There are thousands of competition that is all too willing to get a bigger share of the pie. Every scheme and method you can find to augment your sales would be very beneficial. We have got to admit to ourselves. Most of us are into it for the money. We are not going to waste our time and effort just for the fun of it. Many sites would not wait until hell freezes over just to see their profits. While there are some who takes things lightly there....

Trackback URL for this post:
http://www.problogtips.com/5-ways-to-increase-your-website-profit-without-increasing-traffic/1027/trackback/

Posted by Jaron in the catagory of... General Interest

1 Trackback »