There are so many different pieces and options in the world of digital marketing that it can sometimes be difficult to maintain a well-informed “big picture” outlook. That's particularly true when you're just starting out, swimming in what feels like an infinite sea of internet marketing info and ideas.
Conversion. After you get the traffic, you need to persuade those individuals to make a purchase or to take some other action that puts money in your pocket. That's conversion and nothing good happens without it.
Money. Every time someone makes a purchase or “does the right thing”, you need to make sure you're set up to make money. This is the end goal of the whole pursuit. How much you make per sale or per action matters.
What happens when we put it all together?
Traffic x Rate of Conversion x $/Conversion = Gross Profit
When you get down to the basics of it all, it's pretty obvious how digital marketing works!
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