Making Your Website Profitable Again
Perhaps you had a relatively popular website in the past, or maybe you’ve just lost some customers and, as a result, you’re not getting as much profit as you’d like from your business. Contrary to what many people have been preaching, a business website is not a sure way of improving your business’s exposure and driving sales. Sure, you might be able to provide some information and you might even have the patience to setup an eCommerce platform to allow customers to buy you products. However, that doesn’t mean your website is going to be popular the moment you publish it onto the internet.
Is your website draining money or making you money?
Unless you have a well-trained financial advisor or you’ve had practice managing your books, you probably don’t have a clue if your website is actually making you money or not. Many online businesses actually gain most of their profit from sales, advertising revenue and even affiliate marketing. However, if you’re a local business with a physical location, then chances are you’re probably not relying much on the internet at all.
In times like this, you have to consider if your website is actually draining time and money, or if it’s actually a profitable addition to your business. The best way to do this is to use analytics. For instance, by tracking the number of users that visit your website and then monitoring if they actually buy something or if they go on to look at the physical location of your store. This is what’s called conversion rate. The idea is that you compare the number of unique visitors on your website to the number of people that actually bought something from your store.
With the help of a third party such as Lightbox CRO services, you could potentially drive your online sales with a mix of marketing, website optimisation and social media growth. It’s a complicated process which is why many companies offer a turnkey solution for your website troubles, and it’s always recommended to consult a third party before tackling the challenge on your own and potentially making it worse.
Rekindling interest in your website
One of the best ways to improve your website’s relevancy is to get involved with communities. For instance, if your website is based on a specific topic, such as a blog about cats or a website that reviews movies, then get involved with those related communities. For example, head over to a movie community and speak to people about the latest releases, subtly hint your blog and try to get recognised. If you’re working hard to expose your brand on social media, then you’ll have readers flocking to your website assuming you have a unique opinion about what you review.
If your website is a business one that sells specific products, then consider sending review products and samples to prominent bloggers, video content creators and even publications in order to get a review. The more you expose your business, the more profitable your website will become and the more likely you’ll get repeat customers.