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Start at your planned 'revenue event' and work your way backwards to your expected traffic volumes. For example, if you have a plan to build a site with users
by eatenbyagrue 18y ago
Start at your planned 'revenue event' and work your way backwards to your expected traffic volumes.
For example, if you have a plan to build a site with users and content, and your revenue plan is to sell T-shirts;
- What percentage of checkout pages will be completed?
- What percentage of tshirt page visitors will click the 'buy now' button?
- What percentage of site visitors will click your promo to view the tshirt page?
- How often will your users visit your site?
- How many users will you have?
Selling Tshirts isn't the best revenue model, but you can follow these steps to build a model for anything.