If you
want to understand the core of making money online;
it all boils
down to one simple equation:
Traffic X
Conversion Rate X Product Price = $$$
That’s it.
Everything you can do is an outgrowth of that
formula.
Every effort is designed to improve one of those
three
variables in order to positively impact income.
I don’t
want to make the whole process of earning money
online
seem overly simplistic. There are plenty of
important
details and complicated strategies and techniques
one can
use. However, all of those fine points are
inevitably
working to improve one element of the equation.
Even if
you look at some of the most detailed and advanced
examinations
of making money with blogs, like the popular
Blogging
to the Bank, they base their strategies on these very same factors.
Keep all
of this in mind as we begin our discussion about blogs and why they are such a
great way to make money—especially when coupled with RSS feeds. We’ll be
discussing how my technique fits in nicely with this overall perspective of moneymaking
as we make our way through the rest of the materials.