It is no secret that in order to make a living on the Internet you have got to have traffic. It is common knowledge and it is something that you know you have to have but you don't necessarily know how to grasp. The reason you built a web site in the first place was to maybe sell products, like a Rainbow vacuum performance power nozzle. More than likely you have spent numerous hours trying to build the most perfect web site. You may have used or any of the many other publishers to build your web site.
If you can manage to get large amounts of traffic you will no doubt be able to convert them into paying customers. At least that is the hope of most folks. Some of the larger web sites that have been developed at great expense over the years have fallen. However, there are many small sites that have done quite well selling things like the Rainbow vacuum.
By using Google Adwords you can target in on your target audience. Let's say that you have a web site that sells Rainbow vacuum parts, given a choice, which would you rather have, one thousand visitors per day of a general nature searching for everything under the sun or one hundred visitors looking specifically for vacuum cleaners. My choice would be the two hundred unique visitors looking for the cleaners. Why, simply because my conversion ratio would be higher.
Are You Spending Lots Of Money To Make Money
We have all heard the saying, "You Have To Spend Money To Make Money". While not always true, it does have application when it comes to utilizing the advertising service that Google has called Adwords. I've used Google Adwords on a continuing basis for several years now and I would have to say that I have spent a lot of money with them. But the flip side is that I have enacted many more sales than I would have otherwise. In plain English, I took in more money than I put out.
"You can never go wrong making a profit" is what the former student of Glenn Turner, Jim E. Tolleson and his younger brother Rodney Tolleson used to say. This is true, with one caution. If you spend one thousand dollars in advertising and make one thousand dollars in profit you have made a good choice. if you spend one thousand dollars to run ads and only make one hundred dollars in profits your risk reward ratio is too high.
What is the correct risk reward ratio? That is something you will have to decide for yourself. Personally, I like a three to one ratio. If I can spend one thousand dollars running ads I'd like to see a 3,000 dollar profit.
Saturday
Making A Good Living On The Internet Requires Lots Of Traffic
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