Crunching the Numbers - stats, ratios, projections, dreams
Anyone else obsessed with crunching the numbers?
When my real work is done for the day, there's nothing I like more than sitting down with a pen and paper (or notepad.exe) and crunching the numbers ... as well as projecting for the future.
There's the standard stuff, like gallery->landing/front page->signup page->signup ratios ...
But there's also the real fun stuff, like making projections based upon those numbers...
So, I am making on average 1 sale per 1200 gallery hits right now(whoop!), if I increase my gallery hits to 150,000 - 200k / day via a hun (or other) link, then even if my ratio falls to 1/1500 I am still STOKED and making a nice profit.
Cost of signup: $5.95 - processing fees = $5.15 * 100 = $515.00 on a $200 gallery spot = 250% profit margin...
In theory of course lol. Sometimes the theories pan out, other times...
etc etc etc etc...
Several years in the biz and I still love this shit.
What is it that keeps YOU going in this biz?
-p
|