subject: Know Your Numbers! (But Why?) [print this page] No numbers no business. No numbers no business.
You need to know your numbers if you're going to be successful online.
How much is a lead worth? How much is a customer worth? What is the lifetime value of that customer?
That allows you to know how much you can spend on traffic, how much you can spent to acquire a new customer
If you don't know that then like I said, you have no business.
There are tons of places you can go to and start testing traffic. Some places you might pay $2 per lead. Some places it might cost double.
You might be able to spend $10 to acquire a lead and still be profitable. You just have to know your numbers to be sure. But if you don't know, you might say "no way, I don't want to pay $10 a lead!"
There's so much you can do with a lead don't just think the front end sale.
Once they're in the front end, offer them up sells, down sells, etc. so you can make the most of each lead.
But it does not stop there. You can market affiliate products that you know they're interested in, you can launch new products to those leads, and so forth.
Think longer term when it comes to getting leads (options). Some people are happy to break even or even lose a little on the front end because they know the value they're getting out of each lead that comes into their funnel.
So the point is know your numbers!
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To YOUR Massive Success,
Fabricio Cruz
P.S. For more great information and other helpful articles on how to make loads of money online and get great results be sure to check out our site at www.BigOnlineResults.com