Uncovering your website conversion rate is easy to calculate and can transform a good online business into a great online business.
For instance, if 10 out of every 100 of your website visitors submit their email address and/or name in exchange for an ethical bribe, then you have a 10% opt-in rate (100/10 = 10 percent).
That’s not too shabby these days.
And if 2 out of those 10 opt-ins buy your offer, then you have a 2% buy-in rate (100/2 = 2 percent).
But your opt-in and buy-in conversion rates reveal only part of the marketing story. The other part is how much value to assign each of your visitors, regardless if they decide to opt-in or buy-in.
This simple, yet critical metric is called [Read more…]
A Great Way To Start Your Day
Many of my colleagues read of the local newspaper. Others watch the morning news on CNN. And many others simply close their eyes and meditate for about 20 minutes.
I have no idea what you do or if you even have a daily ritual, but today I want to “part the curtain” on what I believe is the single most important activity I do to start my day.
It’s a simple 20-minute business ritual that inspires and motivates me to face any business challenge head-on and helps me to generate new ideas and innovations with little effort.
My Morning Ritual: At about 7:30am (Pacific Time) , I grab my PC mouse, fire-up my browser and punch-in [Read more…]