f you have been online for more than a day you have
probably heard some “guru†somewhere recommend
that you create a Money Magnet Web Site – a site
that is highly automated and helps you make money
24 hours a day. While that might *sound* great,
what they often forget to tell you is HOW to do
that.
Looking For A Way To Make Money Online?
Well, I am going to tell you right now, in this
article!
First, what IS a Money Magnet Web Site? A Money
Magnet Web Site can be defined as one that is
equipped with an integrated suite of both
e-commerce and internet marketing tools in a
fashion that will allow you to be the most
profitable with the least amount of effort.
Most e-commerce systems are equipped with the
following essentials: a shopping cart, acceptance
and processing of credit cards, a maintenance
system that allows you to add/change products, an
order-retrieval system that enables you to fulfill
orders.
However, what most of them are lacking are
marketing tools. There are several marketing
strategies that are essential in the creation of a
successful e-commerce web site: email marketing
(broadcasting) of prospects/customers, effective
use of autoresponders (generate automatic email
messages), online newsletter, online form/survey
to capture the email address of your prospect
electronic product delivery (if you sold a digital
product), advertisement (ad) tracking, back end
sales, affiliate program.
Now, if you had a system that would support the
integration of ALL of these marketing tools in
addition to the necessary e-commerce essentials,
then you would have a Money Magnet Web Site. After
all, it has been shown that it often takes 7 or
more ad exposures before prospective customers
actually make a purchase. Consider the following
scenario:
A prospect clicks on an advertisement in an online
magazine. This action increments a counter for
this particular ad to help you determine how well
it is working. They do not decide to buy as of yet
but join your newsletter. They are now considered
a prospect. You begin to send them a monthly email
newsletter. Additionally, an autoresponder kicks
in to thank them for joining the newsletter as
well as scheduling them to get email twice a month
for the next 90 days reiterating your product
benefits and inviting them to purchase.
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