Post by account_disabled on Feb 27, 2024 0:57:54 GMT -5
But I digress. Back to e-commerce. Now let's do the same calculation for the widget example under some conservative assumptions. Thousands of visitors. Dollar widgets also vary based on the product services offered. Conversion rate How many visitors actually purchase your widget when they visit your website. Net profit After production marketing legal fees etc. What you have left Monthly profit Annual profit Congratulations you are a millionaire The key here is that the economic benefits are very different for users who are willing to pay.
Hell even with all the advanced technology it eventually realized it wasn't going to make any real money until it started charging for content. Advertising is purchased and sold on a Guatemala Phone Number cost per thousand basis. dollars of people visiting your website. Individuals are willing to pay dollar for dollar for any product you offer. Restaurants, laundries, pharmacies, doctors' offices, etc. would all make staggering profits if they could attract people to visit their respective businesses. Affiliate Advertising Now if you are like most of us and haven’t come up with great products and or services that’s okay.
The key is that already existing businesses are willing to pay you to reach their end customers because as we just showed the more visitors they attract the more money they make. Paying you is basically a marketing expense for them. They pay retailers for shelf space and online and offline media companies to reach customers. If it is online it is called affiliate advertising. to review or promote their products and you simply link to various products and or services that your consumers may like in exchange for an agreed upon fee. Or there are many free programs available from established companies.
Hell even with all the advanced technology it eventually realized it wasn't going to make any real money until it started charging for content. Advertising is purchased and sold on a Guatemala Phone Number cost per thousand basis. dollars of people visiting your website. Individuals are willing to pay dollar for dollar for any product you offer. Restaurants, laundries, pharmacies, doctors' offices, etc. would all make staggering profits if they could attract people to visit their respective businesses. Affiliate Advertising Now if you are like most of us and haven’t come up with great products and or services that’s okay.
The key is that already existing businesses are willing to pay you to reach their end customers because as we just showed the more visitors they attract the more money they make. Paying you is basically a marketing expense for them. They pay retailers for shelf space and online and offline media companies to reach customers. If it is online it is called affiliate advertising. to review or promote their products and you simply link to various products and or services that your consumers may like in exchange for an agreed upon fee. Or there are many free programs available from established companies.