Ann Sieg Posted By: Ann Sieg
On: August 10, 2009

$90/hr with social media (have you tried this?)

I’d like to show you something truly remarkable.

If you’re not making as much money as you should be from your social marketing efforts, here’s how to make THREE times more…

Let’s say you’re selling a $60 product and it costs you $20 to get 100 visitors to your site.

(I know we’re talking about social media traffic here but just stay with me for a second)

Now let’s also say your website has a conversion rate of 1%. So every time you send 100 visitors to your site, you make 1 sale.

That means for every 100 website visitors, you sell 1 product at $60 a piece, which is $60 of revenue. Right?

But hang on because it costs you $20 just to get those visitors, and the commission you make on that product is only $30.

So what REALLY matters is your PROFIT, which is just $10. With me so far?

Okay, now watch this…

Let’s say you could “magically” increase your conversion rate to 2%. Your profits would double right?

Wrong! It would be much better than that!

For every 100 visitors you now sell 2 products at $60 each, which is $120 in revenue. Your commission on these two products is now $60 but it still only costs you $20 to get that traffic.

So your PROFIT is now $40.

In other words…

YOUR CONVERSION RATE HAS DOUBLED
(FROM 1% TO 2%) BUT YOUR ACTUAL *PROFITS* HAVE
INCREASED FOUR FOLD FROM $10 TO $40!

It gets even better.

If you do the math, you’ll see how your profits can exponentially grow much more quickly than the conversion rate.

Going from a 1% to a 5% conversion rate increases profits a staggering 1,200% (from $10 to $130)!

And the best part is, that’s with THE SAME amount of traffic… every 100 visitors!

So how does this apply to social marketing?

Well, instead of paying $20 for 100 visitors, just insert an hour of your time.

(Of course the great thing about social marketing is that it may only take you an hour to create a couple articles or a video, but those pieces of residual content can continue to generate a couple hundred free visitors for you every month, sometimes for years.)

So now what happens if you increase your conversion rate from say, 1% to 3%?

YOU EFFECTIVELY TRIPLE YOUR
PROFITS AND YOUR HOURLY RATE!

Here’s how it looks with the same $60 product and a $30 commission:

100 visitors (1 hour) x 3% conv rate = $90 profits

With a 1% conversion rate, you have to work THREE TIMES as hard to get THREE TIMES the amount of traffic to make THE SAME amount of money!

300 visitors (3 hours) x 1% conv rate = $90 profit

Where else can you instantly triple your own hourly rate?

Increasing your conversion rate is as close to “magic” as it gets!

Now imagine how exciting your business gets when you increase your conversion rate and you have a few THOUSAND visitors a month.

Remember the profit formula?

Traffic + Conversions + Content + List + Monetize =
A Money-Making Home Based Business

When you have all five pieces you have a real business. This is the conversion rate part.

There are thousands of people who are quietly making serious money online, and yes – even enjoying more income and more time freedom than ever before – right now, in this economy.

You can too, by working smarter, leveraging your efforts, and staying consistent.

And here’s some really exciting news:

YOU COULD BE JUST 2 DAYS AWAY FROM EXPERIENCING
AN EXPONENTIAL GROWTH IN YOUR PROFITS

Because this Friday I’m going to be sending you a true “behind the scenes” interview I did with a man who helped us get a 35% conversion rate on one of our own websites.

Yes, 35%.

He’s considered by many people to be the best coach in the world on increasing your website’s conversion rate and has generated millions in sales for himself and others.

Last Thursday he wrote a guest article for our blog with 5 tips on how to get more attention with your headlines.

You can read it here:

http://roseclark.renegadeproblog.com/19/

This is not going to be a “normal” interview. Trust me, you won’t want to miss it.

If he helped us get a 35% conversion rate, I know he can help you get at least 2-3%.

Talk to you soon,

Ann Sieg

14 Comments »

  1. Great info, thanks, Ann.

    Comment by Wayne Holloway — August 11, 2009 @ 8:02 am

  2. Hi Ann,

    You know Ann, I’m speechless. Your post says it all. This is truly awesome.

    Donna Wells

    Comment by Donna Wells — August 11, 2009 @ 8:06 am

  3. Hi Ann,

    Very interesting and informative post. The numbers are amazing. I never realized how such a small increase in conversion rate can make such a difference in profit.

    I know I can trust you but let me tell you that I never heard of 35% conversion rate. The average tends to be around 2% and that is already considered good. I heard of 7% when ether the product is really good and in demand or when the sales copy is outstanding.

    I look forward to listening to the interview.

    Thanks for giving so much value.

    Comment by Vance Sova — August 11, 2009 @ 10:15 am

  4. I appreciate all the tips I get from you. I am just starting my online business, so I like hearing how others have become successful.

    Comment by Jeff — August 11, 2009 @ 10:50 am

  5. Dear Ann,
    Its quiet along time that i have not concentrated in your atticles that you sent me, its only from a good friend that one get good advise persistently. You have made me believe that i can make money. Should i open a website currently im using email only.

    Thanks Ann

    Abshiro Hussein

    Comment by Abshiro Hussein — August 11, 2009 @ 11:32 am

  6. OK - I have my calculator out :) You definitely had me at hello with this post, Ann, because I remember when I first figured some of this out. I was learning pay per click. I was very excited to have traffic, lots of it. Then I improved my ad and increased the clicks and my costs. Very scary but I didn’t quit. I thought, if I could just get 3 sales out of every 100 impressions by getting 10 people to click and one sale out of each 10, then my campaign would pay for itself.

    What I didn’t understand was that just one sale paid for my campaign bill and then some. Why? Because of exactly what you are saying. I improved my ad - my copy.

    So with better copy, I didn’t need 100 or even 50 impressions nor did I need 10 clicks!

    Can’t wait for the crash course in copywriting! maybe I’ll have the nerve to try ppc again :)

    Comment by Terri Stallcop — August 11, 2009 @ 12:11 pm

  7. Thanks Ann,

    Your posting is realy useful and powerful to break any doubt for any person to start own online home business.

    Your support to help many people to be successful is valuable.

    Waiting for the interview.

    God bless!

    Ognyan. :)
    (from Bulgaria)

    Comment by Ognyan Chipev — August 11, 2009 @ 12:30 pm

  8. Hi Ann! You really have me intrigued…again! Looking forward to getting this new info.

    Tamara Bergen

    Comment by Tamara Bergen — August 11, 2009 @ 2:22 pm

  9. Ann,
    Your tips are invaluable. Looking forward to this special interview. Imagine the multipliers — 5% increase times how many of us listening to that interview!!

    Comment by Jo Anne Fogarty — August 11, 2009 @ 3:08 pm

  10. I am a newbie and I just got a few domain names but don’t now the difference between a lead capture page verses a website!?!?!
    I have enjoyed your emails and look forward to Friday, I hope I can make all of this work! :-)

    Comment by Sylvia — August 11, 2009 @ 3:36 pm

  11. Looking forward to listening to the interview you had with Mr. Garfinkle! My mind is racing just thinking about all of the useful information he’s going to be throwing at us all!

    Thanks again for all your hard work, Ann!

    Comment by Mark — August 11, 2009 @ 7:01 pm

  12. Hi Ann,

    35%?that’s amazing!!!you know what? 10% would be more than enough to make me rich…

    Comment by Dan — August 12, 2009 @ 2:18 am

  13. Ann I’ve been a traditional bricks and mortar business owner for over 20 years and I must say it doesn’t get any better than this.

    This is what’s so great about what the internet and social media marketing has done for aspiring entrepreneurs.No longer do you have to put in 80 hours a week 24/7 to have a successful business.

    Like you’ve said in this post “You can too, by working smarter, leveraging your efforts, and staying consistent”,can be successful with the proper training and mentorship all of which is being provided right here at Renegade Professional.

    Comment by kevin thomas — August 14, 2009 @ 10:15 am

  14. Hi Anne this is amazing Iwatch the video andit is so great that we can learn all these.Iam so excited. I have been in my computer all day just
    reading ,listening and gona start making some money.thank you very much the click by click lesson is helping lots of people like me.you’re my hero and my mentor.love you Anne you got a very good heart.

    Comment by violeta Edge — August 14, 2009 @ 11:30 am

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