Conjure Solutions Blog » Increasing Revenue http://www.conjuresolutionsblog.com Helping You Grow Your Business By Leveraging IT Thu, 14 Oct 2010 23:01:23 +0000 http://wordpress.org/?v=2.7.1 en hourly 1 Increasing Product Quantity http://www.conjuresolutionsblog.com/2009/05/increasing-product-quantity/ http://www.conjuresolutionsblog.com/2009/05/increasing-product-quantity/#comments Fri, 22 May 2009 21:39:07 +0000 mbhansen http://www.conjuresolutionsblog.com/?p=41 What you can do to increase product quantity greatly depends on the type of site that you run. In this short article I’ll go through the two typical sites.

eCommerce

If you run a eCommerce site it is as simple as just adding new products, but if you run a different kind of business it becomes a bit harder.

Advertising Site

If you run an advertising site such as a directory you could add products that people could upgrade to such as as add free listings, featured listings etc. This typically has a far higher cost to implement than the eCommerce site, but in a lot of cases it would be worthwhile. You will have to do your due diligence on this before starting.

Affiliate Income Sources

Another way to increase your product quantity would be to add various affiliate products that suits your users. Affiliates products allow you to recommend third party products and receive commissions on the sales or leads. Instead of joining every single affiliate program out there there are several affiliate networks that makes it easier. You will just have to join the affiliate networks and you will have access to a lot of affiliate programs. There are many different networks that you can check out. I recommend joining the following: AzoogleAds, NeverblueAds and Commission Junction to start with.

]]> http://www.conjuresolutionsblog.com/2009/05/increasing-product-quantity/feed/ Increasing Web Site Revenue http://www.conjuresolutionsblog.com/2009/04/increasing-web-site-revenue/ http://www.conjuresolutionsblog.com/2009/04/increasing-web-site-revenue/#comments Mon, 20 Apr 2009 22:46:05 +0000 mbhansen http://www.conjuresolutionsblog.com/?p=16 So you got a website up and running, but you are not seeing any money or enough money coming in. The techniques for improving revenue change at a heartbeat so I’ll just go through the principles of increasing your revenue. Principles are timeless and will therefore always apply.

3 Fundamental Ways to Increase Website Revenue

Increase Traffic

With this technique you focus on getting more visitors to your website. The logic behind this is the fact that the more people you have coming in, the more will buy. This is the most popular tactic in increasing revenue.

Increase Product Quantity

Another way to increase your revenue is to get your existing visitors to buy more by having a larger product offering.

Increase Conversion Rate

The last principle is to focus on increasing your revenue from each visitor. The beauty of this principle is that if you increase your conversion rate you can save on marketing costs since a higher percentage of visitors will buy.

To build a long term successful online business it’s it imperative that you focus on all three principles.

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