Important Ways to Generate Revenue and Traffic on your Website
Owing to the demandingly growing digital world, the rule of websites is increasing
day-by-day. Surfing through websites, clicking on advertisements, either
accidentally or intentionally, your every click converts into revenue
eventually leading to good conversion rates. Let’s understand this in a deeper
sense –
There are
some websites who have conversion rate ranging from 1% to 3%, 5%, to 10%, while
on the other hand, there are some websites producing conversion rates beyond
100%.
Types of
Business affecting Conversion Rates –
Generating
big revenues also depend upon the kind of business you are dealing with/in. If
your business is service-based, you may have a 5% conversion rate. If the
business is an E-commerce platform, it may have 2 to 10% conversion rate. If
you have an affiliate business gaining multiples clicks, it will generate high
revenue gradually increasing the conversion rates.
Source of
Traffic helps in Increasing Conversion Rates –
The source
and the quality of traffic clearly defines the performance of the website. There are
chances of getting a good number of clicks and a higher conversion rate if your
business is dealing in a different niche. This is because a less competent
website will garner more people generating more clicks. Though you may have to
pay a higher cost per click as a result, it will lead to higher click-through.
The main aim
of the website should be to increase its conversion rate to 100% and above. Do
not just think about the numbers, in order to have high traffic, you need to
understand the market, set a standard audience, and benchmark it with respect
to your goal rate.
What is
Revenue Generation and Why it is Important –
Making each
website busy and full of traffic is everyone’s dream come true. This is so
because every click generates revenue. It turns into profits and thus the
business is successful. However, gaining one-time movements on the website is
not enough. You may have to invest time and team on a regular basis to achieve
regular profits.
Strategy and
Platforms –
- To achieve the results in such a short span of time, you need to aim and plan accurately. A fine-tuned and specific strategy goes in the making of profits.
- You may have to cover platforms like Facebook, Instagram, Pinterest, Snapchat and Google Ad Words.
- Keep a record of the visitors of the website and try to get the qualified ones on priority.
- Remarketing, retargeting DPA Ads, checking presence are some of the steps you need to take on a regular basis.
- Evaluation of returns on investments and ROAS is last but the most important part of the strategy.
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