The internet is a like a playground with many business players clawing at each other to get a bigger share of the market pie. There are many who have gained success in their online endeavour. The irony, however, is that to one successful story, there are hundreds of others who have just spent time and effort beating about the bush and at the end of the day getting nothing out of it.
There are many of us who would blame it on luck. But an in-depth analysis proves it otherwise. It takes hard work to succeed. It is the eagerness and determination to succeed and investing in a lot of hard work and some money that sets the winners apart from the rest.
The essentials
The first and the most important factor in determining success is traffic. One may fail, no matter how well his products or services are, if he has no traffic. Think of any kind of business and you will find that it requires customers. No customer means no profit. In the internet, your customers are the traffic. The more traffic you have to your site, the more is the chance of your products being sold.
But like all businesses, everyone potential customer do not buy. It is the same with online businesses. But it is a known fact that if more people come into the shop; more is the chance of the products being sold.
But now, the question that arises is that how do one generate traffic? For a fact, many big players in the business arena have tens of thousands of traffic per day. However, only a small percentage of people actually buys, which lies in the range of ten to fifteen percent of the total traffic. Yet, this small percentage is normally sufficient to generate a respectable profit.
Many big businesses get traffic by advertising their site. It is common sense to know that the more people that know about the existence of your site, the more will be the flow of traffic to your site. Now, there are many ways of advertising on the internet. Many of those ways are free, but usually generate less traffic. While, there are some cheap paid services like the ones offered by Google and Yahoo. These services, if used properly can generate a high volume of traffic and in a less amount of time.
There are many of us who would blame it on luck. But an in-depth analysis proves it otherwise. It takes hard work to succeed. It is the eagerness and determination to succeed and investing in a lot of hard work and some money that sets the winners apart from the rest.
The essentials
The first and the most important factor in determining success is traffic. One may fail, no matter how well his products or services are, if he has no traffic. Think of any kind of business and you will find that it requires customers. No customer means no profit. In the internet, your customers are the traffic. The more traffic you have to your site, the more is the chance of your products being sold.
But like all businesses, everyone potential customer do not buy. It is the same with online businesses. But it is a known fact that if more people come into the shop; more is the chance of the products being sold.
But now, the question that arises is that how do one generate traffic? For a fact, many big players in the business arena have tens of thousands of traffic per day. However, only a small percentage of people actually buys, which lies in the range of ten to fifteen percent of the total traffic. Yet, this small percentage is normally sufficient to generate a respectable profit.
Many big businesses get traffic by advertising their site. It is common sense to know that the more people that know about the existence of your site, the more will be the flow of traffic to your site. Now, there are many ways of advertising on the internet. Many of those ways are free, but usually generate less traffic. While, there are some cheap paid services like the ones offered by Google and Yahoo. These services, if used properly can generate a high volume of traffic and in a less amount of time.
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