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Just Other Articles - Your 3 Best Options for Quickly Multiplying Your Website's Income
Have you ever wondered why it takes so many visitors for your website to make any real money for you?
My coaching students email me all the time and ask questions along the lines of -
"I've got 60/100
My coaching students email me all the time and ask questions along the lines of -
"I've got 60/100
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
/200 website visitors a day but I'm not making any money yet, what's wrong with my site?"
Of course, you need a lot more traffic than that to make a decent income from your site...in fact you need a lo
Of course, you need a lot more traffic than that to make a decent income from your site...in fact you need a lo
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
t more traffic than you think.
Let's go through the numbers.
We'll assume you have a site that promotes either affiliate products or you use your content website to generate leads for another website
Let's go through the numbers.
We'll assume you have a site that promotes either affiliate products or you use your content website to generate leads for another website
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
(like a mini or sales site) or an offline business you have.
We'll also leave Adsense revenue out for now, because every click on an Adsense ad takes away one chance you have for selling your 'real' pr
We'll also leave Adsense revenue out for now, because every click on an Adsense ad takes away one chance you have for selling your 'real' pr
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
oduct or service.
On average, for every 100 visitors who arrive at your site, only one or two will click on an affiliate link or click through to your main site where you sell your product or service.
On average, for every 100 visitors who arrive at your site, only one or two will click on an affiliate link or click through to your main site where you sell your product or service.
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
And then depending on how good your sales copy is (or how well the sales letter of the affiliate merchant converts) only 1% or 2% of the people arriving at that site will make a purchase.
So, looking
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
at these numbers, and taking a 1% response rate as pretty normal, you have to get 10,000 visitors to your website to generate just 1 sale (100x100 visitors=1 sale)...
Now if your site is getting 60 vis
Now if your site is getting 60 vis
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
itors a day, and they are reading on average 3 pages before they surf off to somewhere else, it's going to take you on average 55 days to make each sale.
If the product you sell is a 30 dollar ebook an
If the product you sell is a 30 dollar ebook an
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
d you earn 15 dollars commission every time somebody buys a copy, you've set yourself up to make 99 bucks a year from your site...
Pretty dismal isn't it.
Now obviously, the more pages your visitors r
Pretty dismal isn't it.
Now obviously, the more pages your visitors r
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
ead, the higher the product value they buy, and the higher your conversion rates are, the better.
You could double or triple this number, or more.
The point is, you need a LOT of traffic and/or big ti
You could double or triple this number, or more.
The point is, you need a LOT of traffic and/or big ti
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
cket items to sell to make the average site earn you a respectable living.
So, here are my top 3 tips for increasing your website's potential revenue and breaking into the big league of online entrepre
So, here are my top 3 tips for increasing your website's potential revenue and breaking into the big league of online entrepre
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
neurs...
1) Do some research and find several big ticket items you can promote
It doesn't matter what niche you're in, you can find things like seminars, big box home study courses, membership sites a
1) Do some research and find several big ticket items you can promote
It doesn't matter what niche you're in, you can find things like seminars, big box home study courses, membership sites a
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
nd the like to promote to your visitors.
Sure you can promote $20 ebooks, but the big money is in making $200, $400 or a grand each time somebody buys something through your site.
It's a lot easier to
Sure you can promote $20 ebooks, but the big money is in making $200, $400 or a grand each time somebody buys something through your site.
It's a lot easier to
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
earn a hundred grand a year online by making a few large ticket sales than by selling 6,000+ ebooks that make you 15 bucks each.
2) Work on creating keyword specific landing pages for all of the affil
2) Work on creating keyword specific landing pages for all of the affil
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
iate products (or your own products and services) so that when people arrive at your site they find the exact solution they are looking for right there.
Don’t make your visitors click around your site
Don’t make your visitors click around your site
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
while they try to find what they are looking for.
Give them the exact solution they want immediately or they will hit the back button and leave without finding what they are after.
3) Build a list and
Give them the exact solution they want immediately or they will hit the back button and leave without finding what they are after.
3) Build a list and
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
build long term relationships with your readers
If you have your visitors' names and email addresses, you can send the same people back to your site (where they are exposed to your affiliate, Joint Ve
If you have your visitors' names and email addresses, you can send the same people back to your site (where they are exposed to your affiliate, Joint Ve
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
nture and product links) again and again instead of just once.
This gives you a multiplier effect and can exponentially increase every visitors' value to you.
Use a service such as Aweber to send out
This gives you a multiplier effect and can exponentially increase every visitors' value to you.
Use a service such as Aweber to send out
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
your autoresponder messages and they will go out in the exact order you want your readers to receive them reliably, on time and automatically.
The main thing is that you get to work on building your li
The main thing is that you get to work on building your li
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
st as soon as you can...
So there you have it - 3 simple things you can do straight away to get started on increasing your traffic and maximizing the income you receive from every website that you own.
So there you have it - 3 simple things you can do straight away to get started on increasing your traffic and maximizing the income you receive from every website that you own.
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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