Post by account_disabled on Dec 7, 2023 1:19:23 GMT -5
In the world of E-commerce or online trading today, Main sales can be measured by 3 important variables, which are… Traffic – Number of people or number of visitors to the website. Conversion Rate – The rate of conversion from viewers to buyers or customers. Sales – Sales per customer. The sales formula can be easily calculated as follows: Sales = Traffic x Conversion Rate x Sales For example, If the desired sales target is 1 million baht, the formula will be 1,000,000 baht = 10,000 x 10% x 1,000 From the example formula above The details can be broken down... Target requires sales of 1,000,000 baht. Traffic is 10,000 people. Conversion Rate is 10% Sales Average sales per person is 1,000 baht. From the formula above, it can be explained that there is 10,000 traffic or visitors to the product sales website.
There is a 10% purchase order, or 1,000 people, each paying an average of 1,000 baht to buy the Phone Number List product, so there are sales of 1,000,000 baht. If the variables change as shown in the formula below. You can make sales of 1 million baht as well, even though the traffic that comes in is low, but if you increase sales or the average sales per person (with still having the same conversion rate) 1,000,000 baht Therefore, if the variable is changed If it's any other number, the value will change. Online Marketing will help us make this formula more effective. and allows us to predict upcoming sales. If sales still haven't reached the target We need to find the reason for which of these 3 variables we still lack or do not do well enough. And how can we optimize each of those variables? Main factor.
Traffic If it's an offline world that sells on general storefronts, good traffic is like having a good location. There are people walking around. And the important thing is Must be someone who is in our target group as well. Because if you focus on the number of people But it's not the target group of our products or services. It hardly helped much. But the good news is In the online world Can identify the target group that we will market to. especially Testing the market on Facebook Ads or Facebook ads that can be advertised by specifying the target audience in detail, whether it be gender, age, residence, work, preferences, etc. Which whether we are selling things on the Website or Facebook, we need to have another number that we must pay attention to: A tool for measuring results by measuring the amount of traffic.
There is a 10% purchase order, or 1,000 people, each paying an average of 1,000 baht to buy the Phone Number List product, so there are sales of 1,000,000 baht. If the variables change as shown in the formula below. You can make sales of 1 million baht as well, even though the traffic that comes in is low, but if you increase sales or the average sales per person (with still having the same conversion rate) 1,000,000 baht Therefore, if the variable is changed If it's any other number, the value will change. Online Marketing will help us make this formula more effective. and allows us to predict upcoming sales. If sales still haven't reached the target We need to find the reason for which of these 3 variables we still lack or do not do well enough. And how can we optimize each of those variables? Main factor.
Traffic If it's an offline world that sells on general storefronts, good traffic is like having a good location. There are people walking around. And the important thing is Must be someone who is in our target group as well. Because if you focus on the number of people But it's not the target group of our products or services. It hardly helped much. But the good news is In the online world Can identify the target group that we will market to. especially Testing the market on Facebook Ads or Facebook ads that can be advertised by specifying the target audience in detail, whether it be gender, age, residence, work, preferences, etc. Which whether we are selling things on the Website or Facebook, we need to have another number that we must pay attention to: A tool for measuring results by measuring the amount of traffic.