Major television networks have been in control of what you watch, when you watch it and how often you watch the programs that interest you. With the social boom caused by web 2.0 including social networks and online movies and video, major television networks can no longer confine your mind to their broadcasts for entertainment.
Chris Anderson (author of The Long Tail) hit the nail right on the head... In his book, he predicted that television's viewing audience will spend more time on the Internet than watching TV. This former viewing audience will entertain themselves by going to websites they are interested in (to do whatever is more interesting to them than watching TV). Chris predicted that people will spend their time more involved in their personal "long tail" interests.
This trend is bad news for the television networks!
The Internet offers television's former viewing audience better entertainment because they can do, see and hear what they want and when they want. The big television networks no longer have a monopoly on the public's entertainment and mind share.
To make matters worse... with the advent of DVR (digital video recorders) less and less people are watching television commercials (the lifeblood of the major TV networks). The average person with Internet access is spending 4 times longer online than watching TV. The effectiveness of television advertising is dwindling exponentially and to make matters worse, 90% of DVR owners are fast forwarding through television commercials!
The truth is, people hate commercials. We all know that sigh when you're intensely involved in your favorite TV show just to be distracted by 2 minutes of commercials. Most people have learned to ignore commercials, even if they are watching them!
All the big brand advertisers that you see on television are well aware of the fact that their advertising dollars are not as well invested in television ads as they once were. These major brands, including the BIG 8 in advertising, have been looking to the Internet as an alternate form of advertising for quite some time now.
For the first time in history thousands of people are going to share in revenue that was formerly paid to major television networks. Millions of dollars are going to be paid on a residual basis to a "core group" of marketing partners... No hype intended or implied!
PPP is a way for advertisers (Like Harley Davidson or Taco Bell) to serve a 5 second audio advertisement to website visitors. It is a way for advertisers to target their 5 second audio ad to specific interests, demographics and geographic locations.
Big TV's ad revenue is dwindling because PPP offers advertisers a more cost effective advertising solution that has been providing positive Return on Investment (ROI) for over 2 years. PPP offers advertisers a way to reach their target audience and is the only form of media whose impressions and ad placements are verified by an independent 3rd party.
PPP is not new, it has been running for 2 ? years, has over 66,000 advertisers and over 550,000 websites that serve PPP ads to their visitors.
The 550,000+ websites that currently serve these ads are responsible for 43 million streams (impressions) of advertisers' 5 second audio ads on a monthly basis.
Dollars Pounds Conversion Rate
You hear a lot of buzz in the Internet marketing community about traffic. As if driving enough traffic to your site will guarantee your success. Over time, this may be true. But smart marketers are always looking for the best way to make more money while doing less work. And driving traffic is a lot of work!Instead work on your conversion rate. That is, the number of browsers you convert into buyers.
Get started today with these helpful suggestions:
1) Be careful including "coupon" or "discount code" boxes on your order page. Prospects getting ready to place an order will assume they can get a discount if they find out how to get one of your coupons or discount codes. Once they leave your site thinking they'll "search later for how to get a discount" you've most likely lost them for good. If you offer discounts to certain customers create a separate order form for them.
2) Don't forget "if it ain't broke, don't fix it." In other words, if you track your site and it's generating a decent conversion rate, don't do a huge overhaul. Instead focus on testing individual site components to steadily increase your conversion rate.
3) If you're selling the same products and services as others, find a way to stand out from the crowd. For example if you're selling an ebook as an affiliate, make sure people order from you by being different than the other affiliates selling the same ebook. Do this by creating your own sales materials, writing an honest review (including mentioning the negatives), bundling in a related product or service or even providing an extra bonus to really make your offer unique.
4) The more specific the information that you give, the more potential customers will believe what you say. For example, instead of saying your solution improves conversion rates by 80% be more specific and say 82.1%. People are naturally skeptical of generalities so don't be afraid to give them the specifics.
5) Help customers make a decision. If you do include multiple products on the same site, help visitors make a decision to buy by indicating which one is the most popular. Do this by putting a "Most Popular" or "Most Downloaded" graphic beside the product description. Or, use logical product groupings so they can easily choose the category that they're interested in and not be sidetracked by options that are irrelevant to them.
Hopefully these tips have given you some clear actions you can take to improve your site's conversion rate. The key is to always be working on it and over time you're guaranteed to see great progress.
Both 4ps Marketing & Jo Han Mok are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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Jo Han Mok has sinced written about articles on various topics from self improvement and motivation, Network Marketing and Advertising Guide. Jo Han Mok is the author of the #1 international business bestseller, The E-Code. He shares his amazing blueprint for creating million dollar internet businessesat:. Jo Han Mok's top article generates over 40500 views. to your Favourites.
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