Post by account_disabled on Mar 6, 2024 6:23:25 GMT
When it comes to eCommerce sales , some goals seem rare or difficult to achieve. One of these milestones is the 7-figure milestone, which is $1,000,000 or more in monthly revenue. Getting to 7 figures is hard. A good product-market relationship is necessary. Good marketing is needed. And you need enough process and consistency to succeed repeatedly, not just for a month or two at a time. Said this... If you ask Will Varney - strategist at marketing agency Megaphone - making 7 figures in e-commerce sales isn't that difficult. Megaphone has brought over 20 companies to this milestone using a predictable and repeatable system. Many have already exceeded 8 figures in turnover. Today Will will share the 4 key steps behind his agency's structure.
These have been used to grow Denmark Phone Number dozens of brands to millions of dollars in revenue, sometimes in the first year. Phase 1 is... 1. Create a funnel that turns traffic into money Create a Funnel That Turns Traffic into Money We have finally opened Ranktracker registration absolutely free! CREATE A FREE ACCOUNT Or log in with your credentials The first thing you need to scale quickly is a functioning sales funnel. If you don't know what they are, they are processes that take complete strangers and turn them into customers. Here is a simple example of a funnel : Top of funnel : Facebook and Google advertisements drive traffic to your website Middle of funnel : your landing page converts traffic into leads (email addresses with names) Bottom of funnel : Email sequences drive leads to the checkout page, where they purchase This is a very simple funnel and most funnels are much more complex than this.
But the idea is that you have a way to take traffic and convert it into money. You might not do it very well - you might even suffer a slight loss - but it's important, and here's why. Once you have a working funnel, you can optimize it. You can make small changes, spend a few bucks on ads, and see how well you're doing. You will immediately know what is happening based on how much money comes out the other end of the funnel. That's why the first thing to do is create a funnel. Here are some ideas to help you: What has worked so far? How have you sold so far? You may not like your historical processes, but if they work they must be your starting point. Incremental improvements can transform your funnel and your brand, but you have to start somewhere. What does the competition do? How do other brands in your industry sell their products? This is another quick way to find a solution that works for you.
These have been used to grow Denmark Phone Number dozens of brands to millions of dollars in revenue, sometimes in the first year. Phase 1 is... 1. Create a funnel that turns traffic into money Create a Funnel That Turns Traffic into Money We have finally opened Ranktracker registration absolutely free! CREATE A FREE ACCOUNT Or log in with your credentials The first thing you need to scale quickly is a functioning sales funnel. If you don't know what they are, they are processes that take complete strangers and turn them into customers. Here is a simple example of a funnel : Top of funnel : Facebook and Google advertisements drive traffic to your website Middle of funnel : your landing page converts traffic into leads (email addresses with names) Bottom of funnel : Email sequences drive leads to the checkout page, where they purchase This is a very simple funnel and most funnels are much more complex than this.
But the idea is that you have a way to take traffic and convert it into money. You might not do it very well - you might even suffer a slight loss - but it's important, and here's why. Once you have a working funnel, you can optimize it. You can make small changes, spend a few bucks on ads, and see how well you're doing. You will immediately know what is happening based on how much money comes out the other end of the funnel. That's why the first thing to do is create a funnel. Here are some ideas to help you: What has worked so far? How have you sold so far? You may not like your historical processes, but if they work they must be your starting point. Incremental improvements can transform your funnel and your brand, but you have to start somewhere. What does the competition do? How do other brands in your industry sell their products? This is another quick way to find a solution that works for you.