How to turn a website into a money making machine
Earning money online requires four main elements.
1) A product or service that people are willing to pay for.
2) The technology infrastructure that allows prospects to find and interact with your business online.
3) Traffic that brings potential customers to your site.
4) Convert those prospects into customers and collect their money.
While all four elements need to be in place and work together to make money, technology infrastructure is the most critical element because it supports the other three and creates the leverage that allows people to earn five, six and even seven figure incomes. of your home businesses.
The biggest misconception about the technology needed to make money is that having a website is enough. Could not be farther from the truth.
A website is simply the first, yet most important element needed to make money. A website typically consists of a hosting account (where one rents space on a web server), a URL or web address, and some pages of information or sales copy about the product or service being offered.
However, turning a website into a real online business requires the addition of a number of software applications to manage the various business features required, including: autoresponders to build a list, multimedia to improve sales and conversions, split testing to measure and improve conversions. , traffic tracking to optimize advertising and traffic strategies, credit card processing, and tracking and reporting of critical business metrics.
They are usually purchased as stand-alone applications and added to a basic website to create a real online business. The total cost of all additional technologies required is in the range of $2,000 to $4,000.
The main drawback of this approach is the time it takes to run the online business, as it takes a long time to go from one application to another to collect the operational data needed to make operational decisions.
The solution to this problem is to hire a software engineer to connect, integrate and develop screens for the most important operational information. This can easily cost an additional $20,000-$30,000.
The goal is to reduce the amount of time spent dealing with technologies so that more of your limited time can be spent building traffic and learning the important conversion skills needed to convert leads into customers.
Alex Mandossian, the super successful internet marketer said it best.
“The secret to making money online is simple.
Don’t spend more than 10% of your time dealing with technology, so you can spend 90% on traffic and conversion, because that’s where the money is made online.”
Then he finished with the most important point.
“There is no money in learning and managing the technologies, unless you want to be a webmaster.”
This means you either need to hire a professional webmaster to set up and manage the technologies needed to run your online business (so you can focus on getting traffic and converting them into customers)… OR you need to get one of the integrated apps that provide all the ready-to-use technologies.
Not only do these apps combine all the technologies into one easy-to-use app that lets you focus on traffic and conversion, they also cost 80-90% less than buying all the technologies separately.
Simply put, the best way to turn your website into a money machine is to buy a ready-to-use one. It’s much faster, much cheaper, and will make you much more money.
Visit www.YourFirst50K.com [http://www.yourfirst50k.com] to learn more and receive your FREE copy of my ebook titled “How To Make Your First $50,000 Online”