Showing posts with label Strategy. Show all posts
Showing posts with label Strategy. Show all posts

Tuesday, April 8, 2014

How To Develop A Web Traffic Strategy

Edgy Traffic Gaining Strategy

traffic-light


When it comes to developing a strategy for increasing Web traffic, there is a lot that needs to be said. There are many different techniques and strategies that you could employ. The best strategy that you could employ would be one that is flexible and specific to your market. To create a flexible yet specific strategy, you must ask yourself some questions first.
  • What are your goals for gaining traffic?
  • Is this traffic measurable and specific and has a specific time to complete the goal?
  • What sort of resources and tools do you have to help you reach these goals?
  • Is there any sort of research you need to do before embarking on achieving these goals?
The main reason for needing a flexible strategy is the fact that the market is always in flux. There are certain times of the day, certain days of the week and certain seasons of the year where the potential to get traffic grows exponentially. To learn these market trends, you need to become an analyst and learn to recognize patterns.

For example while analyzing your traffic flow in Google Analytics, you may notice that most of your hits and visits occur before 10 a.m. and don’t pick up again until 7 p.m.
This could be due to the fact that people are browsing for your type of content before and after work. However if you run a small coffee shop, you might find that most of your traffic comes in around 10 a.m. and again around 1 p.m. when people are looking to get coffee. There are some things you can do though besides writing articles and marketing them to help you maintain a consistent amount of traffic throughout the course of your time in business.

Remain consistent
This is one of the most important things. No matter what you end up doing to market yourself, you need to stick with it to see results. Keep in mind that your competition is out there doing a lot of what you’re doing.

Don’t get discouraged though and remember that it’s only a matter of time until you start building relationships and people start choosing you over your competitors.

Include a variety of different things
The answer to constant web traffic isn’t one single thing. Surefire article marketing will take you far but you won’t be able to reach everyone that way. Some people may want to see a promotion from you first before giving you a shot. A mix of different things is a great way to cast a wider net so you can capture more of your target audience. Article marketing may be a great way to get seen but it may not create a lot of conversions like a promotion would.

Seasonal
Keep the season in mind! Make sure to plan for whatever holiday is coming up. Many people look for special deals and promotions going on during the holidays. Don’t let your business get left behind, promote yourself and make yourself known to people during times when people are looking for sales and special deals that are going on.

There are many keys to creating a strategy for gaining Web traffic. Since every business is unique and will see different ebbs and flows in traffic, it’s important to employ certain strategies and different types of marketing tools to maintain a constant flow of traffic throughout all the ebbs of flows of Web traffic.



Wednesday, March 26, 2014

How To Strengthen Your Monetization Strategy Through Credibility

Credibility: The Ultimate Monetization Strategy

Photo Credit: Master isolated images via freedigitalphotos.net
 

 


There are more than one billion websites in the world, but only a small percentage are actually profitable. As you plot your digital domination, there are a myriad of monetization strategies to consider, including the decision to focus or diversify.

Regardless of what profit stream or streams you select for your online business, however, there’s really only one rock solid plan to achieve your results. These days, monetization starts and ends with credibility. With so much competition, your brand’s integrity is essential to long-term success. Building and maintaining credibility may sound like a small task, but make no mistake, this is a mammoth undertaking. Yet no other tactic will bring you more rewards or success than a steadfast commitment to truthfulness.

Monetization in a Nutshell
A clear path to profitability is obviously a top priority for any online business. As you strategize your way to cash flow, there are several popular tactics to choose from, which include:
  • Advertising — If you have the traffic to warrant the sale of ad space, this is a common method to monetization for just about any type of website or blog.
  • Product Sales — eCommerce sites offer tangible goods and/or services.
  • Contextual Ads — Place ads like Google AdSense on your site and get paid when your users click through. This is typically the lowest profit margin available, but is by far the easiest and fastest model to launch.
  • Affiliate Programs — Similar to contextual ads, you can funnel your users to perform specific actions for other online businesses. Bounties are substantial, but it takes a lot of hard work to convert your users into paying customers for your partners.
  • Subscription Sites — Charge a premium fee for high-end content or features available on your site.
Why Credibility is the Key to Success
No matter what monetization strategy you select from the list above (or even a combination therein), honesty and a credible brand identity remain your best bet for positive results. Why? Let’s break it down by category:
  • Advertising — The stronger your brand is, the more your advertisers will pay to be featured on your site. The more your visitors respect your authority, the more they are likely to click on partner ads and render you higher profits.
  • Product Sales — This one is obvious, because it applies to the brick and mortar world too. eCommerce sites with a solid track record of integrity render a much higher retention percentage because customers remain loyal to companies that appear to be transparent and reliable.
  • Contextual Ads — By themselves, these feel like bait-and-switch models with little to no long-term value. Coupled with a website that offers quality content and a trusted brand, contextual ads could warrant a significant windfall. Again, if your visitors trust your authority and referrals, they are far more likely to click and support your partners, which equals success in this arena.
  • Affiliate Programs — Just like the ad models above, affiliates do well because they are able to network with the masses and create loyalty and confidence.
  • Subscription Sites — No one is going to plunk down credit card information on a website that does not seem trustworthy. If your brand has already established expertise in your industry, your content may indeed be worth paying to receive.
Steps to Establishing a Credible Brand
If you’re convinced honesty really is the best business monetization policy, follow the steps below to launch your new powerhouse company:
  • Create a Stellar Brand — It all starts with an awesome name and an even better idea. Most businesses fail early on because they lack a functional business model and a clear picture of what they are offering, and just as important, to whom.
  • Have the Same Values as Your Customers — Identifying who your core consumer really is will help you to match ethics and values. Resist the urge to be all things to all people — it will never fly. Instead, clearly document what your brand stands for, and match the demographic that shares your passions and views.
  • Express Your Brand’s Expertise — It is essential that you offer plenty of content and proof that your company is a bona fide expert in your field. Don’t assume you can fake this in any way; credibility is born out of authenticity and expertise only. Customers will no longer just take your word for it — they want tangible proof of your know-how.
  • Add Value — You will never establish credibility if you aren’t significantly adding value to your customers’ lives. Be very thoughtful and strategic about the value you create, and learn to articulate these offerings in an honest yet enthralling fashion.
  • Profits Come After Value is Established — Never slather your website with ads and monetization tactics before you’ve developed a loyal user base. In other words, you must offer value (at no cost to your visitors) before you attempt to funnel folks into any money making scenario. Sites that simply try to fool people into clicks and actions come off as straight-up scams.
  • Be Transparent — Every company suffers challenges and pitfalls; don’t brush yours under the rug. Instead, be very transparent about your issues, without the need to make excuses. Always resist the urge to blame anyone else for your missteps too. There is tremendous humanness in admitting to faults and mistakes; these can actually engender far more loyalty from your audience if you are willing to own up.
As much as honesty never goes out of style in the business world, it’s astounding how many marketers still take the road of deception. If you dare to create a brand that stays true to its own ethics and authenticity, you are literally giving your company the best chance possible to leave an indelible mark on your industry.

What other ways can credibility assist in a website’s monetization?