Now lets talk about demands you may have of the consultant. If you have done any research you may say “Hey, I want WordPress, X plugin to do this, and Y plugin to do this…”. However, if you were the expert in building WordPress websites, you would just build it yourself. Instead you should be worrying about how your new website will increase your profits & sales, right?
Dollarizing your results makes it much easier to avoid some pretty common pitfalls online. For example, we all know that in order for a website to be profitable, it needs traffic – a steady stream of people coming to it. The pitfall that most make is to measure the effectiveness of marketing activities based on the impact that those activities have on the number of people visiting the website. The problem is that this is a gross over-simplification. The easiest way to avoid this common pitfall is to dollarize your website’s traffic. This is done by calculating the value (in dollars) of a visitor coming to your website. The formula for this is: amount of sales / # of website visits = visit value in $$$. With this formula it is easy to see whether or not increasing traffic is also increasing sales, or if the increase in traffic is from people who don’t buy.
Test websites. Remote usability testing means getting paid to navigate a website for the first time and giving feedback to the website owner. Most tests take approximately 15 minutes, and you can get paid up to $10 for each test. A test involves performing a scenario on the client’s website and recording yourself doing it. For example, you might be asked to go through the process of selecting and purchasing an item on a retailer’s website.
White labeling products involves purchasing pre-made products from a supplier and then adding your own labeling and branding. Products could range from candles to gym equipment or even tea, but all will come without labels, allowing you to create your own new range of merchandise. Most suppliers will advertise the fact they offer white labeled goods on their websites, so pick your niche and then find the right supplier and product for you. Once labeled, products can be sold via sites like eBay and Amazon, or from your own eCommerce store (discussed in a moment).
According to Business Insider, 644 million active websites crowded the Internet as of March 2012. As the Go-Gulf.com website notes, 70 new domains, each hosting a single or many different websites, are registered every 60 seconds. Not every newly created website launches to make money for its proprietor or owner, of course, but many of them actually do just that. How much money the average website owner makes from such sites depends on many factors, however.
Great list of resources – I think as Google adapts its algorithm post-Panda update, it’s going to be more important how you choose to monetize and promote your website. I believe some recent findings from an SEO company found that site with Adsense, for example, tended to perform worse in SERPs than similar sites without Adsense. Could be lots of factors, but interesting nonetheless. Thanks again for the post.
Tools & Resources: I’ve written a pretty comprehensive guide on the best web design software that covers both free and premium software packages. If you’re serious about becoming a web designer, then I recommend purchasing the full Adobe Creative Cloud Suite. At $49.99 per month, this is probably a bargain considering what you can achieve with this set of tools.
The other common method when selling ad space directly from your website is a simple direct price. You simply name a price (based on what you think it’s worth, relative to what the competition might be charging), and get paid upfront at the beginning of each month. This pricing is also generally a simple flat fee, not tied to a Cost Per Click like AdSense.
In Profit First, Michalowicz explains how this age-old accounting formula turns great businesses into cash-eating monsters, trapping you in a day-to-day, check-to-check struggle to survive. He reveals how to flip that "Frankenstein Formula" and take profit first without compromising your business, and why the Profit First Formula of Sales – Profit = Expenses actually forces innovation, supports sustained growth and skyrockets profits. You are about to discover the step-by-step Profit First system that shows you how to radically change the financial health of your business…from your very next deposit.
One of the most beautiful and exciting qualities about blogging is that you can create a blog that deals with any subject area that you are either knowledgeable or passionate about (and preferably both!). You can write about personal finance, careers, real estate, getting into business, technology, cooking, travel, personal health, or just about any topic you choose.
CashCrate sends out literally thousands of payments a month to users just like you who spend time completing surveys and offers on CashCrate.com. How do they do it? Well, they do surveys and offers regularly. It really adds up! Your initial goal should be to meet minimum payout, which is $20.00. Making $20.00 in free cash is actually quite easy considering there are hundreds of surveys and offers available, but here are a few tips to get you to your goal faster: