How Much is 1 Website Visitors Worth to You?

Part of the reason so many people beg, borrow, and steal for search engine traffic is because so many people have the same thin business models offering the same stuff. Rather than thinking of ways to differentiate or look within for ways to increase value, we figure just getting a couple more links will be all we need to do well. And it may be in the short term, but that is not enough to stay competitive.

Most websites are not set up to convert...even many well known sites ran by marketers (who should know better) do a poor job of converting. And improving conversion rates means you can buy more traffic or brand exposure (affiliates, AdSense, direct ads, paid search, partnerships, and public relations). When I changed the business model of this site there was an initial rush of sign ups, but then that fell off quickly. By spending a couple hours of research, writing, and marketing on this site I have since doubled the daily number of sales, not once, but twice.

At a minimum there are still 3 big holes in my sales process which need improved. But within another month or two I can see the daily rate of new sales with a recurring model exceeding the sales rate from a one off product that was sold at a cheaper price point. It almost seems criminal when you think how hard it is that we have to work to gain mindshare and marketshare, and then just throw away the value by not optimizing our sales process and sales funnels.

My wife is at a conversion conference hosted by these guys. Hopefully I can bug her to make a post or two about all the stuff she learns. And hopefully she can help double our daily conversions again, at least until we sell out.

Striving to be (Below) Average...

Google Analytics came out with a novel benchmarking feature which compares your site's performance to other websites in your field. You can see this benchmark data ONLY IF you are willing to aggregate your data into the pool of anonymized data.

The best sites in your industry probably are not using Google Analytics, and those who do are probably not benchmarking against average, so you are essentially benchmarking your site against a random sample of the bottom half of your industry. I guess such a measurement has purpose, unfortunately I fail to see it.

I hope that while so many people are out smelling the flowers, someone is taking the time to plant some. - Herbert Rappaport

Using Affiliate Software to Track Your Ads

Mar 12th

Many people think of affiliates as an added sales channel and affiliate ads as offering a branding bonus (how many text link ads affiliate banner ads have you seen?) but there are numerous benefits to running an affiliate program that many people never consider.

Exclusive Partnerships:

You do not have to let people know that you have an affiliate program unless it makes sense to. You can chose what partners to allow when special occasions come up, without risking watering down your brand equity and perceived value by chasing large distribution deals.

Learn Market Research Data:

  • What ad formats work best?

  • What types of affiliate conversion work best?
  • Are there holes in your marketing?

Some affiliate software allows you to track affiliate lead sources and conversions so you can not only improve your own copy, but also improve your sales funnel and recommendations to affiliates based on real world data from top performers. Many affiliates will also uncover markets you never thought of.

Cloak Your Own Actions as an Affiliate:

If you are doing high risk ad buys it might make sense to sign up as your own affiliate and make it look like it was one of your affiliates who bought that keyword or ad.

KeyCompete and SpyFU make it easy to get an overview of competitive keyword buys. You can use different affiliate accounts for different ad campaigns to make easy for you to see your results while making it harder for anyone to use services like KeyCompete or SpyFU to track your advertisements, especially if you combine unique domains or subdomains from popular sites with php jump scripts for your ads.

Granular Centralized Tracking of Advertisements:

Know exactly where various ad networks are displaying your ads. Trach which ones convert and buy directly from the best sources, while filtering out low value sites or networks.






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