Because You Want Success Join Others Using The Internet Marketing Term Of The Day To Get Your Online Business Opportunity On The Direct Path To Success - See How You Can Make Money Online!
When I started my online business opportunity, I knew nothing about internet marketing. Literally nothing! It was like trying to decipher a foreign language. There was a huge learning curve. Then after struggling, I finally realized that the top internet entrepreneurs daily invest time and money in their own educations to expand their businesses and refine their marketing skills used in their best online business opportunity. That is how I turned my business around to achieve my own success!
Do you consider yourself a “newbie” in internet marketing, or are you a “master marketer”. Get in the habit of learning something new for your business each day, and passing it on to your team or organization. Before you know it you will be marketing with the “pros” starting a home based business.
Check here for the Internet Marketing Term of the Day - See how you measure up!
Term of the Day - Return on Investment (ROI)
Definition - Percentage of profit returned for the funds invested to produce it or, the ratio of the cost of advertising relative to the profit generated from conversions such as sales or leads.
How did you do?
How To Make Money Online With The Internet Marketing Term Of The Day -
As indicated by Google: Your ROI indicates the value to your business gained in return for the cost of your ad campaign. In terms of search engine optimization, ROI refers to the sales directly attributed to an SEO(Search Engine Optimization) or SEM (Search Engine Marketing) campaign.
Although exact measurement is nearly impossible, you can help assess the ROI of your campaign by using these calculations: take your revenue from sales, subtract your advertising costs, then divide by your total advertising costs.
(Revenue - Cost) / Cost
For example, say you want to drive users to your website in order to generate sales for your gadgets, which results in a profit of $10 per gadget sold. You invest $1000 in your ad campaign for the past week, and as a result, you sold 130 gadgets. Your revenue from sales or total profit is $1300 ($10 profit multiplied by 130 units). Thus, you subtract the $1000 cost of your ad campaign from your $1300 profit to receive $300. The $300 amount is profit returning to you as a result of your initial $1000 advertising investment. Your ROI, expressed as a percentage of your initial investment, would be 30% (300/1000, multiplied by 100).
See Video below. Got a little carried away. Sorry!
If the Internet Marketing Term Of The Day has helped your business, leave a comment or send me a video or testimonial, so you can let others know how my blog has help you, and how you are applying this term in your internet marketing strategies to make money online.
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If you have a term you want more information about leave it in your comments, or shoot me an email so I can do my best and let you what it is and how you might use it to make money online!
Never let not knowing, keep you from starting a home based business to make money online. Skip wasting time and money. Just get going, and learn the rest along the way!
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More and more educated and successful professionals from all fields of endeavor, and business owners from traditional business, are turning to the Internet to diversify their income streams, build substantial wealth, expand investment holdings, speed up retirement, and create lasting financial legacies for their families. They are a part of a dynamic and growing group dominating the Internet Based Business Market with their online business opportunity(ies)… And the trend is just beginning!
You Can Do this, Without Question.
The Best Really Is Yet To Come!
Glen Jacobs
Business Development Partner and Coach
Managing Member / Live Life Well, LLC
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