Without traffic, you can't have conversions. It's also such a nice kick to see a huge number of people visiting your site. But what ultimately earns you revenue on the internet is conversions, not traffic. While you need to build a steady stream of traffic, you should focus your efforts on converting that traffic.
First, let's discuss what "traffic" and "conversion" mean. Traffic just means people visiting your site. Conversion means the action you want a visitor at your site to take. If you're selling something on your website, a conversion means a sale. However, a conversion can be any action whatsoever, such as signing up for your list, downloading a pdf, or connecting on social media.
Why are conversions so important? The main reason is that this is where you earn. You don't earn money directly through website traffic, although there are other benefits to high traffic.
Focusing on conversions is a more efficient use of your time. It's easier to double conversions than to double traffic. It takes months of building to double traffic, whereas you can make a simple change to your offer or offer something new in a fraction of the time and see results.
The cost is also dramatically different. Traffic strategies that significantly increase your website visitors cost money. When you focus on conversions, you capitalize on the traffic you've already built.
Focusing on conversions puts the focus on quality rather than quantity. When you have high conversions, it means people are having a better experience on your website. It's valuable, relevant, and easy to use for your visitors. People are not only landing on your site and consuming content there, but taking the action you want them to take.
The main reason why a website doesn't convert is that its offer isn't relevant to its visitors. In other words, the targeting isn't right. People come to the website expecting something and don't find it there. Or, they find the content useful but the offer isn't appealing to them.
There could be other factors as well that affect conversions. These include poor content on your site, difficult navigation, a weak call-to-action, or a difficult process for taking whatever action you want visitors to take.
What leads to conversions is good content, good targeting, an appropriate offer that truly helps your visitors, and an easy-to-use site.
Ultimately, you want both high traffic and high conversions, especially when those conversions are on high-ticket items that bring you a great deal of revenue. Other techniques such as strategy sessions can boost conversions as well. The key to a successful sales strategy is to turn that traffic into conversions.
If you want to learn more about how to create an effective sales strategy that turns prospect into buyers, check out my full course here: