The Most Important Online Marketing Concept For Any Business in 2018

We're gonna talk about the most important online market conception for any business. Knowing this concept will give you an advantage over ninety five percentage of the online marketers out there, who are attempting to build a business but aren't seeing success. So if you're ready to learn these principles stay with me and I'll lay it all out for you.

Before we dive into this, I want expose the most important point about online marketing for any business. I am not just talking about how to get a lot of traffic to your website and convert that traffic into sales. Which is exactly what you need to build a successful business online, but choosing the type of products for your business.

I made this post as a resource for you to learn exactly how to make a passive income 24/7 and create a lifestyle of freedom for you and your family.

I want to let you guys know that my number 1 recommendations regarding starting a business right now, is to understand the most important point to promoting high ticket products is better than and most successful than low ticket products. The number one reason why most organizations fail is they don't have enough revenue coming in to make up for the cost of driving traffic to your product or service. This is important, so let me reiterate that the number 1 reason why most ventures fail is they don't have enough receipt or cash flow coming in to make up for ad spend, whether that is paid advertising, which cost money or free marketing that you pay for with long wait time. Either one you've got to be able to offset your advertisng costs to be successful.

Say you want to earn five thousand dollars ($5,000) from your online business, selling a twenty dollar ($20) product, you need to sell 250 or twenty dollars to make five thousand. On the other hand, if you were selling a hundred dollar ($100) product, you'd have to sell only fifty (50) to meet your $5,000 objective.

I say all this to illustrate two things; know your figures whether "you're supposed to" make five thousand ($5,000), ten thousand ($ 10,000) or one million dollars ($1,000,000), you need to know what it will take daily, weekly and monthly to reach your goal and secondly; if you don't have a product with a large enough income boost and profit margin then you'll have to work really hard to get a ton of customers to realize the income you can earn with exactly five people buying high ticket items.

That's the reason why so many fail building their businesses, by selling exclusively low priced products. There's also an added bonus to selling high ticket products. The buyer is better informed about the product. The differnce in selling a Rolls Royce or selling a Kia. The Kia buyer is looking to pay the least and it generally takes more work to close the deal when contrasted to the customer who has the money, has done his research and is ready to buy, making the sales process an easy win-win for the business owner and the customer.

So let's recap the most important online commerce theory for any business can be broken down into these three takeaways.

1. Understand why a high ticket product business is better than a low ticket product business
2. Know your numbers
3. Include a profitable high ticket product in your business to offset ad costs and remain profitable.

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