Traffic is the life of any website, so the importance of traffic is well known to every internet marketers. You can benefit yourself with the traffic and earn a great, residual income if you give a little effort.
Useful Ways to Convert Traffic
Here are 6 useful and proven ways to convert traffic into cash.
1. Sell a Product/Service
Selling a product or service is the best way to make profit and it is far better if the product is yours. An e-book or software works the best as they can be downloaded instantly, no shipping cost and hazard is included. Moreover, if the software or e-book is yours, you will keep 100% of the profits without any further investment.
In addition, you can also set the target price for your own product.
2. Opt-in List
It is very crucial that you start to convert traffic and build e-mail list from the first day of your blog. Subscribers are the most important asset for your blog as you can motivate them to drive your sales. You can make your subscribers a repeated customer and ask them to do something in favor of you, such as you can give away an e-book in exchange or a Facebook like, a Tweet, Google sharing or something else.
3. Viral Marketing
It is a good strategy to give away a free e-book with the email subscription. In this bonus, you can include give away rights and permit readers with master resell rights to give it away to anyone they want to. On bottom of every page of the e-book include your site link and this way, you increase your own publicity and branding.
You can also submit these e-books to several document marketing sites to get more traffic. You can use a paid software like DocMarketingRobot (can read my own review) or submit manually, but however you submit will be beneficial for you in the long run.
Advertising programs like Google Adsense, Chitika, Adbrite etc gives you a percentage of the earnings from clicks. If you have a high traffic website – you can take the benefit of these PPC campaigns to convert traffic. These programs alone can generate handsome income for you on each month.
5. Offer Advertising Space
This is a attractive idea to sell your own advertising space. If you have a high traffic website you can sell a small portion of space on your web page. You can charge a minimum of monthly $300 for advertising someone’s ad as advertising fee if your web page is pulling more than 2000 traffic a day.
6. Affiliate Marketing
Affiliate marketing is something that you can utilize as a win-win situation for both the visitors and yourself. If you don’t have your own product, you can sell other’s products instead. You give visitors a right product and earn a commission on every sale. No customer service or after-sale support is needed from your end, just make sure that you are offering good products to your visitors so that your reputation doesn’t hamper.
Online marketing is not a get rich quick scheme except very few one who has their own and of course very useful products to convert traffic into sales. Though that type of marketers are rare, so most of the time you have to be patient and utilize your talent to earn a handsome income enough per month so that you can quit your 9-5 job.