MONEY BLOGGER » secret to success

How Many Loyal Customers Does it Take to Generate $100K in Online Sales Per Year?

Thomas A. Marx — Sat, 07 Feb 2009 05:34:18 +0000

So how many loyal customers does it actually take to generate that all illusive $100K in online sales per year?

Now before I get a bunch of emails saying, “Well I sell a product that costs roughly $500 dollars so I obviously won’t need as many customers to generate that $100K per year.”

If only it were that easy…

All things being relatively equal, the item price really doesn’t matter a whole lot.

Now, of course you need to sell a whole lot more $19.00 dollar products (about 5263 actually) to generate $100K in revenue versus a $500 or $1000 dollar product.

But my guess is you’ll find a whole lot more customers for that $19 product than say for that $500 dollar product – but hey – just approximating here for conversation’s sake…

What matters most are the typical conversion rates – meaning…

What is the rate of conversion between people visiting your website and the number of people who actually purchase something from you?

So back to my original statement about that magic number…

So what exactly is a loyal customer?

Well, for my business, I classify a loyal customer as anyone who routinely visits my site, subscribes to my content, reads my articles and blog posts, downloads my free content when available and generally simply remains interested in what I have to say.

So that is how I define a loyal customer. To me, a customer does not necessarily have to be a paying customer. They just have to have subscribed to any of my content lists.

So finally…

What is that magic number – how many loyal customers do you need to generate roughly $100K per year in online revenue?

Well, ask any Internet Marketer out there what the magic number is and they’ll likely give you a very similar answer.

You need about 1,000 local customers or subscribers tuning in each week to hear what you have to say and to read about your latest product offerings.

So let that act as a gauge if you will on where you may stand in regard to making that illustrious $100K annual revenue level in online sales.

Want to learn more about increasing your Internet presence and really start separating yourself from the “crowd” and take yourself from “Market Understanding” to real “Market Leadership“, as Ed Dale would say, then pop over to the 30 Day Challenge + Site and join Ed before he takes this month’s content down.

Ed Dale is a first class Internet Marketer and I highly recommend you listen in on some of his free podcasts. You’ll decrease your learning curve by many months and many $ thousand’s of dollars.

Do you have a different magic number?

I’d love to hear what it is.

…. Until next time

Be sure to sign up for my FREE 12-Part Marketing Master’s Money Making eCourse.
Lesson 1 could be on its way to your inbox in a matter of moments.

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Here’s To Your Online Success

Thomas A. Marx

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How To Use a Simple Free Website To Generate 20% of Your Web Traffic

Thomas A. Marx — Tue, 20 Jan 2009 05:15:12 +0000

Here’s a hint – it’s not Google.

Today’s post is going to be a quick one.

It’s a shameless plug – I mean invaluable advice on how to utilize a simple free website to generate over 20% of your website traffic.

It’s amazingly simple and it’s free and it does generate over 20% of my web traffic.
I’ve written about it before and I still stand by it completely.

If you’re not using every weapon in your online arsenal, you’re leaving money on the table.

Quite simply – go to this website and sign up for a free account and start generating traffic within 30 minutes.

It doesn’t get any easier than that.

Want to see some quick stats – see a snapshot from Google Analytics on this very website.

== > http://30daysuccessformula.com/recommends/tsvipaccess.html

Learn how 1 simple free website can generate over 20% of your web traffic

== > http://30daysuccessformula.com/recommends/tsvipaccess.html

To Your Online Success

Thomas A. Marx
http://30DaySuccessFormula.com

Newly Revised: The “Real” Secret To Massive Online Profits

Thomas A. Marx — Mon, 18 Aug 2008 04:09:39 +0000

Internet Home Business Secrets Revealed – Part 3:

Newly Revised: The “Real” Secret To Massive Online Profits In Your Own Internet Home-Based Business and Why 99% of All Internet Affiliate Marketers Fail.

“No Money, No Computer Skills, No Selling Experience, No Problem…”

Learn The Necessary Skills and Proven Techniques To Drive Profits Soaring Month after Month.

I’m going to be very blunt here – for two reasons;

One – I want to convey a critical message to you as quickly and as concisely as possible so you can take IMMEDIATE action without delay.
Two – it’s Saturday afternoon, a beautiful day and I’m sitting behind the computer – enough said

Do you know why 99% of ALL affiliate and Internet marketers fail?
They fail for two reasons:

One – The affiliate marketer FAILS TO TAKE ACTION, explained further below.
Two – They think this is just a game of numbers and fail to consider their customers and build a “real” business.

More on point number one above. It should be quite self explanatory, but for those who aren’t quite following me or perhaps are very new to affiliate marketing, I’ll delve a little deeper. Affiliate marketers fail in their Internet Home Business or Affiliate Marketing Business because they spend 99% of their time on unproductive and quite honestly, relatively useless tasks.

What do I mean by that?

Well, instead of doing the ONLY two things that matter when building an Internet Home-Based Affiliate Marketing Business; GENERATING TRAFFIC, and CONVERTING THAT TRAFFIC, they spend their time on useless tasks.
That’s it – nothing more. Generate online traffic and convert that traffic to sales.

How do we do that? – By offering “real” value to our customers.

So instead of focusing on those two items above, most affiliate marketers get sidetracked and distracted by the next “big thing” everyone else is promoting.
Focus on building your business and you WILL succeed.

On Point number Two above…. It’s not a numbers game. It’s a business about servicing customer needs. More on this below.

The next big reason 99% of all affiliate marketers fail to generate the maximum income possible is because they think it’s a numbers game.

They think… “If I can only put up a few more products in my ‘huge, humongous, colossal, widget online mall’, THEN I’ll really make the money.”

It doesn’t work that way – although I must admit – several years ago I thought it did. I thought it was about building the biggest and most “widget-packed” site you could build.

Build it and they will come…. That’s what I thought…. And I thought wrong.

You have to offer your customers real value. You have to build a relationship.

Internet shoppers are browsing your site for one of two reasons (see a pattern here). They are researching looking to solve a problem they have, or they’re just casually browsing along – window shopping.

Lets say I just dropped my favorite Japanese WOK and I’m having a small dinner party next month with some of my best friends (and I’m cooking)….

Now let’s say I’m browsing the Net and I come across your site – “Huge, Humongous, Colossal WOK Store”.

Am I going to order a WOK from you…maybe….but probably not…I’ll probably just head down to my local Williams & Sonoma and pick one up.

So I leave your site and you’re none the wiser. You never knew I was there and you’ll probably never see me again. CUSTOMER LOST – or more accurately, you never really had me to begin with…

Now lets change this up a bit….

Now I’m on your site (still not going to buy that WOK) but you have a link to a free e-Book on Japanese WOK cooking recipes.
EXCELLENT – I could use that for some ideas for next month.

So I register on your site and I happily download my free e-Book.
And in return (you guessed it… you now have my email address and can easily follow up with me and start to build that customer relationship).

So next month you’re running a 40% off promotion on all stir fry skillets.
You should out a quick broad cast message to your registers users and voila.. I get the email and click on the link… I could use a new skillet.

I loved your free e-Book so what the heck – where’s my VISA – I’ll grab that skillet – after all it’s on sale for 40% off.

Are you starting to see the real message here?

Build real relationships with a real business and you’re destined to succeed even if the Internet Home Business arena is littered with people who never really take it to its full potential.

The above scenario is why I have written a step by step guide of “never before published” proven techniques to make your Internet Home Business and website explode.
My “Secret Formula To Massive Online Profits” Money Making e-Course has over 33 hours of instructional video built in and you can download this e-Course right now for – YOU GUESSED IT – FOR FREE.

It is by far “The Most Comprehensive, One Of A Kind, In-Depth, Step-By-Step Money-Making System Available On The Internet Today!”

Learn how a ‘hideous’ little two page website can bring in $4272.33 in less than 18 hours without spending one dime on advertising. Not One Dime! These are the types of techniques anyone with just a computer and a desire to succeed can duplicate as quickly as tomorrow — and see immediate results.

Would You Rather Learn The Hard Way… Or Discover An Easy Way To The Freedom And Success You Deserve?

This is a MASSIVE on-line training course and I won’t be giving it away for free forever! If you’ve ever thought about starting your own Internet Home-Based Business, then download my FREE e-Course and begin building your financial independence today!

Be sure to sign up for my FREE 12-Part Money Making eCourse.
Lesson 1 could be on its way to your inbox in a matter of moments.