Welcome!

Blog Post

Ways Your Website Can Help You Boost Profits

Turn your website into a profit center

If you're a modern business, two things are probably true: one, you have a website, and two, it's not making you as much money as it could. The fact is, most people put up websites without a clear idea of how the site will bring in profit, and for some people the idea of making money off a website is revolutionary. Fortunately, it's not difficult to turn even dead-weight websites into profit centers -- here are a few ideas to get you started.

Driving Sales and Collecting Leads

The most obvious way to increase profits with your website is by increasing sales and bringing in more leads. Each person who visits your website is an opportunity to sell your products or services. If you have the ability to accept credit cards online, your goal should be to maximize the number of people who make a purchase from you on your website.          

In the event it's not feasible to allow purchases online (or even if it is), your second goal should be to capture sales leads -- in other words, the personal details of people who might buy from you but who aren't quite convinced yet.           

Remember, your website is a remarkable tool for overcoming potential objections, communicating the value you offer, influencing the customer's buying decision, and providing a steady flow of new prospective customer. Your sales team will have a much higher success rate calling on someone who's already expressed interest (by filling in a form on your website) than cold-calling someone out of the blue. The more people who express interest and give you their personal details, the more likely your sales team will make sales.

Selling Internationally

Your sales team may not speak very good Spanish, but thanks to website translation (example: http://www.simpletranslation.com/webtranslate) your "electronic salesman" can speak it fluently. By making your website available in several languages, you open your business up to customers from overseas, and a flow of new business which it would be very difficult to bring in otherwise.         

Up-Sell and Cross-Sell

One of the greatest benefits of selling with a website is you can make one change and have it automatically applied to every future transaction. Your "electronic salesman" will never forget to up-sell a new customer after he or she makes a purchase, provided you set it up that way. When someone makes a purchase, think about what else you can offer them immediately which they would like to buy. Add-ons, warranties, and accessories can incrementally increase the size of an average customer's purchase... and greatly increase your profits. 

The same goes for cross-selling. Someone who's interested in one product may also be interested in a complimentary product, even if they haven't realized it yet. Therefore, show them an ad or offer them a discount on a complimentary product at the time of purchase.   

Maximize Repeat Purchases

It's very hard to tell whether you're making a mistake offline which is costing you sales unnecessarily, but with a website you can track how it is being used and maximize your results. By looking at how people use your website, you can tell if a particular page or element is confusing or welcoming, and develop new ways to keep bringing customers back.        

Once you have a buyer, use automated (but tasteful and "non-spammy") email reminders to alert them to new purchase opportunities. Remember, it's much easier to get a sale from someone who's already purchased from you.    

Save Time and Reduce Costs

A website is more than a tool for bringing in sales and leads. You can also use it to reduce the time involved in servicing each particular customer. For service businesses, this may mean offering forms online to reduce the amount of time customers have to spend talking with your staff, and allowing customers to input their details directly into your system. In other cases it may mean offering customer service online, to reduce costly calls into your service department.   

Similarly, a simple "frequently asked questions" page can answer the most common questions you get by phone or email. To be sure, some people will never read and simply call, but providing the questions online will reduce the amount of time you spend answering the same thing over and over. You can find some tips on creating a useful FAQ page here: http://sixrevisions.com/user-interface/designing-effective-faq-pages/.

Ultimately, profit is simply income minus expenses. A website can be used to both increase your income and decrease your expenses -- the one by bringing in more leads and sales, the other by reducing the amount of time and cost needed for each transaction.

More Stories By Alex Pejak

Alex Pejak is an economist currently working on a few projects in Australia. She is passionate about market research and project management. She is also interested in topics related to business IT and career development.

Latest Stories
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
DevOps is not just last year’s buzzword. Companies with DevOps practices are 2.5x more likely to exceed profitability, market share, and productivity goals. But how do you enable high performance? What can you do right now to start? Find out from DevOps experts including Gene Kim, co-author of "The Phoenix Project," and the Dynatrace Center of Excellence.
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
Recognizing the need to identify and validate information security professionals’ competency in securing cloud services, the two leading membership organizations focused on cloud and information security, the Cloud Security Alliance (CSA) and (ISC)^2, joined together to develop an international cloud security credential that reflects the most current and comprehensive best practices for securing and optimizing cloud computing environments.
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
Sensors and effectors of IoT are solving problems in new ways, but small businesses have been slow to join the quantified world. They’ll need information from IoT using applications as varied as the businesses themselves. In his session at @ThingsExpo, Roger Meike, Distinguished Engineer, Director of Technology Innovation at Intuit, showed how IoT manufacturers can use open standards, public APIs and custom apps to enable the Quantified Small Business. He used a Raspberry Pi to connect sensors...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
SYS-CON Events announced today that VAI, a leading ERP software provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. VAI (Vormittag Associates, Inc.) is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, specialty retail and service sectors. An IBM Premier Business Part...
In most cases, it is convenient to have some human interaction with a web (micro-)service, no matter how small it is. A traditional approach would be to create an HTTP interface, where user requests will be dispatched and HTML/CSS pages must be served. This approach is indeed very traditional for a web site, but not really convenient for a web service, which is not intended to be good looking, 24x7 up and running and UX-optimized. Instead, talking to a web service in a chat-bot mode would be muc...
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection.
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...