How To Snowball Your Profits With Time
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.
Samuel Ng

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