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Posted
19 September 2009 @ 10am

Tagged
Guest Writers, Marketing Process, Samuel Ng

How To Snowball Your Profits With Time

Snowball Profits You heard about some guy who achieved success overnight? Yes, he took many years to get there! When it comes to online profits, there is no such thing as overnight success.

Either you have a lot of prior experience or you tried and failed so many times then you finally succeed.

Right now, we shall discuss about how it is also possible that you can also snowball your profits over time. See it as compounding interest in your bank, only much faster!


Seed – Time – Harvest

This is definitely true for any kind of business. You do need to plan the seeds, take some time for growth before you reap your harvest. Enough of my long introduction, here is how you can start to snowball your profits by building your success just like compounding interest.


Traffic + Conversion = Profits

PPC Traffic Optimization

Since everyone wants more traffic, this is what I will cover first! Optimize your pay per click traffic so that you can get more targeted traffic from your efforts. First you want to optimize your click through rates to ensure that you get the most out of your ads.

Make full use of the content network since there is so much more cheaper traffic you can get from there compared to search network. The conversions might not be fantastic, however, the lower cost will make up for it. By the way, content network is great for lead generation!

Article Traffic Optimization

If you are writing articles and submitting them to EzineArticles, you want to maximize your articles by making them more SEO friendly so that you can get more traffic to your articles. Also, keep testing your resource box to get maximum number of clicks. More clicks means more traffic.

For more kick-butt ideas on article marketing, check out this Ultimate Content Syndication Strategy.

Conversion Optimization

What the heck is conversion optimization? In short, it is about squeezing every drop out of the lemon or orange if you prefer something sweeter. What I mean is continued improvement of conversion rates through testing and tracking. I know this is nothing new, you have heard it time and again.

In reality, this is the non-sexy element of all highly profitable businesses! You need to test your landing pages to get the maximum number of leads and you need to test your sales pages to get the maximum number of sales. Remember to also test your upsell pages if you have them.

Google Website Optimizer And Google Analytics

The Best Things In Life Are FREE – The Beatles

That line came from a song by the Beatles. In this case, we must agree with them, Google Website Optimizer and Google Analytics are free and they are more effective than most other paid tools, so use it. It also happens to be very easy to use and you can find many free tutorials too.

With Google Website Optimizer you can easily do multi-variable testing or split testing and it is so easy to use. With Google Analytics, you can track you traffic sources and long list of other data. All you need to do is to paste a small piece of code on your website to use them.

Testing

You need to test your headlines, your opening, your guarantee, your offer and your call to action. If you really have no time to do all that, just test 3 totally different headlines. After all, the headlines affect your response the most, compared to most other elements.

Following Up

1 of the best ways to improve your conversion rates and get more sales is to follow up with email, which is why I always emphasize so strongly on list building. If you do not have a list, you have nobody to follow up with. I recommend using AWeber to do that.

List Building

List Building = Making Money Now = Making Money Later

I used to think that building a list will slow down my sales because less people will get to see my sales page. However, even though less people get to see the sales page, these people are more targeted and because of email marketing, they get to see it more often which increases my sales conversions.

If you want to make money now while you are building your list, put a relevant offer on thank you page. It does not have to be your own product, it can be a presell page for an affiliate offer where you as an affiliate will get paid for sales.

Following up the same offer using emails will help you convert more leads into buyers. If they still did not buy, you can send them other offers. Think of it this way, if they buy your product, you make money, if they buy other products through your affiliate link, you still make money, right?

Email Marketing

Just to share my personal experience. I am in a particular market where I have my own products and I rarely promote affiliate offers. Then someone asked me to promote his offer, I asked for a reciprocal mailing. So we did a mail swap and I got a lot of new leads from this guy!

On top of that, I sold quite a number of his products (much more than I expected) considering that my list was much smaller than his list and guess what? His product is on recurring payments! Moral of the story, promoting products as an affiliate using email marketing is great way to boost your income.

Conclusion

You can see how it is possible to snowball your profits like compounding interest. This is much better than starting all over again every single day. You start by optimizing your traffic, then you optimize your conversions through on-going testing, tracking and follow ups.

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Samuel Ng

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15 Comments

Posted by
Website Design
19 September 2009 @ 2pm

What a post!!thanks a ton.Liked the way you presented your point.Without planning it’s difficult to succeed.I have bookmarked this page for future requirement.


Posted by
Neo
19 September 2009 @ 8pm

Yes I agree with you that there is no overnight success in online business.To get success in online business takes time and it needs proper planning or proper help from an expert.

thanks


Posted by
Rok Mejak
19 September 2009 @ 11pm

Interesting presentation of the information. You offer a good insight into this subject and I bookmarked you for future reference and use for my project planning.

Thank you


Posted by
4You
21 September 2009 @ 4pm

Thank you for sharing your experience! I appreciate your business approach! I also think that without durable work your have no chances to achieve real success!

Dym


Posted by
Home Travel Business
21 September 2009 @ 5pm

Thanks for sharing very useful SEO Tips/e-marketing tips.I am impressed with the content of the article. I have been trying this method and I have seen some real improvements. This method is very useful.


Posted by
Marq | Brochure Printing
22 September 2009 @ 3pm

Overnight success is a myth that sadly, some people still believe. True, there is no such thing as an overnight success. People tend to spend their time hoping to have a success overnight, where it should be spent on careful planning.


Posted by
Land for Sale
22 September 2009 @ 11pm

I have been working for a long time now to increase the traffic to my site. But I never seem to get many people to continue to the next page. i worked at it for so long that I finally made a new web site. This one is working better. I could not get anyone to get past my home page and it really killed me in an SEO perspective. With my new site I hired a few people and they helped me create a more user friendly site that would give the visitor what they wanted and move them in that direction. That helped a lot and kept my page rank up instead of dropping.

Josh

Land for Sale´s last blog ..Colorado Land for Sale | Five Acres of Land About 21 Miles from Alamosa My ComLuv Profile


Posted by
Wilson Pon
23 September 2009 @ 1pm

Yeah, most of the people have forgotten that they need to plant the “seeds” first, and require some times for the seeds for blooming! Many of them are trying to skip the steps, and that’s why, they’re mostly failed, no matter how many times they’ve tried…


Posted by
Blogging For Profit
24 September 2009 @ 11pm

I guess everyone wants to take shortcuts and make a ton of money overnight. It just doesn’t work that way. You have to work at it and think about what your doing everyday. The seeds you plant are very important, since what you plant is what you can expect to harvest. Good Post. I like it a lot.

Chuck
Blogging For Profit´s last blog ..The Blogging Good, The Bad And The Ugly! My ComLuv Profile


Posted by
stores_online 456
10 October 2009 @ 6pm

Yeah really its right that lots of people think that to income more in a short period but they are not survive more in their environment bcoz earn money and do proper labor for your work.you survive most.Thanks for the nice post.Keep up blogging

Jason


Posted by
Earpiece
21 October 2009 @ 9pm

You can hardly receive momentary profit, especially if you don’t work hard, I think. I like your ideas:)

Betty


Posted by
alergia
14 December 2009 @ 3am

thank you for this interesting info. i was looking for something like this.
alergia´s last blog ..Tualergia.com: nueva tienda online para alérgicos My ComLuv Profile


Posted by
Jason
17 December 2009 @ 10am

Some people don’t like the content network because it is different from the search network. How is it different? People are not actively searching for products in the content network.

For example, somebody can type in the “tennis shoes” in the google search engine. Instantly, they will see search network ads for “tennis shoes”.

On the other hand, let’s say you have an ad for guitars on the content network. It’s located on guitar lesson sites. The viewers aren’t searching for guitars and probably don’t want to buy guitars right now.

There is one thing I forgot to mention. The content network might be good for getting leads. Sure, the guitar lesson viewers probably don’t want guitars now but they might want it later.


Posted by
alergia acaros
8 January 2010 @ 2am

Usually I do not post on blogs, but I would like to say that this blog really forced me to do so! Thanks, really nice post.

Mary Toms


Posted by
Sally
23 April 2010 @ 5pm

It was interesting to knbow about such unexpected use of traditional snowball method! Before reading your article I used to think that it was possible to use this method only in sociological researches.


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