Increase Your Profits by 10X: 5 Key Metrics You Must Track
Posted: Wed Jan 22, 2025 4:45 am
After working with over 300 online projects , I can guarantee: monitor these metrics weekly and your company will not only survive, but also increase its profits by 10 times!
In the context of sanctions and crisis, knowing the ROI of your advertising decides whether your business will be successful. Tracking these 5 critical indicators is the key to your prosperity.
What you get for free:
5 Key Metrics to Increase Profits by 220%
The Secret ROI business owner database Formula: Instant Advertising Efficiency Calculator
Anti-crisis Solutions Matrix: Find the Perfect Strategy for Your Business in 15 Minutes
We have prepared all the documents and templates with formulas for you. And yes, it is FREE:
Download documents for free
Already downloaded
153345
Benefits of e-commerce for all market participants
E-commerce technologies provide a number of benefits to all participants.
The benefits for business are as follows:
A physical point of sale operates in only one location. To expand the network in order to increase sales, and therefore profits, it is necessary to open additional stores in other cities and regions. An e-commerce enterprise does not require such labor-intensive actions, and even residents of remote corners of the globe can become buyers.
Due to its operation on the Internet, the store remains open at all times, unlike real ones, where the working hours are usually limited to a certain period of time of day. This is not only profitable for business, but also convenient for customers.
Automation of inventory and asset management of the enterprise, thanks to the use of online services and various electronic tools. This allows you to save impressive amounts. Among other things, it is now much easier and more convenient to manage shares, exercising control over them and selling them both in your own store and on electronic trading platforms (for example, eBay).
Benefits of eCommerce
Minimizing costs. Opening and maintaining an e-commerce store allows you to significantly reduce costs. In particular, on renting premises, paying salaries to employees, utility costs, etc. All this logically leads to lower prices for goods and services, which in turn leads to the formation of sustainable consumer demand, and makes the company very competitive.
The great advantage of online stores is that they collect and process data about visitors, identifying audience groups that are most suitable for a particular type of product. Such targeted marketing is not available to business owners who have physical points of sale.
Reducing operating costs and resource costs allows you to strengthen your position in the market niche you occupy. Factors such as audience reach and targeting a specific consumer sector also contribute to the emergence of an e-commerce company as a leader. Business opportunities can be actively developed using a website.
No territorial ties. The business manager does not need to be at his workplace all day long. With a mobile device (laptop, smartphone, tablet) and functioning Internet, it is convenient to conduct business from any region.
In the context of sanctions and crisis, knowing the ROI of your advertising decides whether your business will be successful. Tracking these 5 critical indicators is the key to your prosperity.
What you get for free:
5 Key Metrics to Increase Profits by 220%
The Secret ROI business owner database Formula: Instant Advertising Efficiency Calculator
Anti-crisis Solutions Matrix: Find the Perfect Strategy for Your Business in 15 Minutes
We have prepared all the documents and templates with formulas for you. And yes, it is FREE:
Download documents for free
Already downloaded
153345
Benefits of e-commerce for all market participants
E-commerce technologies provide a number of benefits to all participants.
The benefits for business are as follows:
A physical point of sale operates in only one location. To expand the network in order to increase sales, and therefore profits, it is necessary to open additional stores in other cities and regions. An e-commerce enterprise does not require such labor-intensive actions, and even residents of remote corners of the globe can become buyers.
Due to its operation on the Internet, the store remains open at all times, unlike real ones, where the working hours are usually limited to a certain period of time of day. This is not only profitable for business, but also convenient for customers.
Automation of inventory and asset management of the enterprise, thanks to the use of online services and various electronic tools. This allows you to save impressive amounts. Among other things, it is now much easier and more convenient to manage shares, exercising control over them and selling them both in your own store and on electronic trading platforms (for example, eBay).
Benefits of eCommerce
Minimizing costs. Opening and maintaining an e-commerce store allows you to significantly reduce costs. In particular, on renting premises, paying salaries to employees, utility costs, etc. All this logically leads to lower prices for goods and services, which in turn leads to the formation of sustainable consumer demand, and makes the company very competitive.
The great advantage of online stores is that they collect and process data about visitors, identifying audience groups that are most suitable for a particular type of product. Such targeted marketing is not available to business owners who have physical points of sale.
Reducing operating costs and resource costs allows you to strengthen your position in the market niche you occupy. Factors such as audience reach and targeting a specific consumer sector also contribute to the emergence of an e-commerce company as a leader. Business opportunities can be actively developed using a website.
No territorial ties. The business manager does not need to be at his workplace all day long. With a mobile device (laptop, smartphone, tablet) and functioning Internet, it is convenient to conduct business from any region.