Tag Archive | "Online"

What will Google Hotels mean for online booking sites?

The new site mirrors the UI of Google Flights and could have a similar affect on the hotel booking market.



Please visit Search Engine Land for the full article.


Search Engine Land: News & Info About SEO, PPC, SEM, Search Engines & Search Marketing

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How To Start An Online Business Selling Services Other People Deliver (I Call It ‘Services Arbitrage’)

For seven years, from 2001 to 2007, BetterEdit.com was my main online business (I later sold it for $ 100,000 USD and eventually it was merged with some other companies by new owners). You can hear a short background story of how I started BetterEdit.com by pressing play on the video above. This was the first […]

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Entrepreneurs-Journey.com by Yaro Starak

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Taking Local Inventory Online: An Interview with Pointy’s Mark Cummins

Posted by MiriamEllis

Let’s go back in time 20 years so I can ask you the question, “How often do you look at a paper map every month?”

Unless you were a cartographer or a frequent traveler, chances are good that your answer would be, “Hmm, maybe less than once a month. Maybe once or twice a year.”

But in 2019, I’d wager there’s scarcely a day that goes by without you using Google Maps when planning to eat out, find a service provider, or find something fun to do. That web-based map in your hand has become a given.

And yet, there’s one thing you’re still not using the Internet for. And it’s something you likely wonder about almost daily. It starts with the question,

“I wonder who around here carries X?”

A real-world anecdote

After the tragic fires we’ve had this year in California, I wanted to wet mop all the floors in my house instead of vacuuming them, due to my concerns about particulate pollution in the air. My mother recommended I buy a Swiffer. I needed to know where I could find one locally, but I didn’t turn to the Internet for this, because the Internet doesn’t tell me this. Or at least, it hasn’t done so until now. Few, if any, of the local hardware stores, pharmacies, or big box retailers have reliable, live online inventory. At the same time, calling these places is often a huge hassle because staff isn’t always sure what’s in stock.

And so I ended up going to 3 different shops in search of this particular product. It wasn’t a convenient experience, and it was an all-too-common one.

The next big thing in local already exists

My real-world anecdote about a wet mop is exactly why I’m so pleased to be interviewing Mark Cummins, CEO of Pointy. 90% of purchases still take place in physical stores and it’s Mark who has seen this gap in available online knowledge about offline inventory and has now set out to bridge it.

I predict that within a few years, you’ll be using the Internet to find local inventory as frequently and easily as you’ve come to use its mapping capabilities. This chat with Mark explains why.

The real-world roots of an existing local need

Miriam: Mark, I understand that you were formerly a Google Search Team member, with a background in machine learning, but that your journey with Pointy began by walking into retail shops and talking face-to-face with owners. What did these owners tell you about their challenges in relation to offline/online inventory? A memorable real-world anecdote would be great here.

Mark: I started thinking about this problem because of an experience just like your story about trying to find a Swiffer. I’d recently moved to a new country and I had to buy lots of things to set up a new apartment, so I had that kind of experience all the time. It felt like there was a huge gap there that search engines could help with, but they weren’t.

I had been working at Google developing what became Google Lens (Google’s image recognition search feature). It felt strange that Google could do something so advanced, yet couldn’t answer very basic questions about where to buy things locally.

So I started thinking about ways to fix that. Initially I would just walk into retailers and talk to them about how they managed their inventory. I was trying to figure out if there was some uniform way to bring the inventory information online. I quickly learned that it was going to be hard. Almost every retailer I spoke to had a different method of tracking it. Some kept records on paper. Some didn’t count their inventory at all.

My first idea was a little crazy — I wanted to build a robot for retailers that would drive around the store every night and photograph all the shelves, and use image recognition to figure out the inventory and the prices. I spent some time seriously thinking about that, but then landed on the idea of the Pointy box, which is a much simpler solution.

Miriam: Can you briefly describe what a typical Point of Sale system is like for retailers these days, in light of this being technology most retailers already have in place?

Mark: Well, I would almost say that there isn’t a typical Point of Sale system. The market is really fragmented, it sometimes feels like no two retailers have the same system. There’s a huge range, from the old-style systems that are essentially a glorified calculator with a cash drawer, up to modern cloud-connected systems like Clover, Square, or Lightspeed. It’s very disruptive for retailers to change their POS system, so older systems tend to stay in use for a long time. The systems also differ by vertical — there are specialized systems for pharmacies, liquor stores, etc. Dealing with all of that variation is what makes it so hard to get uniform local inventory data.

A simple inventory solution is born

Miriam: So, you spoke with retailers, listened to their challenges and saw that they already have Point of Sale systems in place. And Pointy was born! Please, describe exactly what a Pointy device is, how it solves the problems you learned about, and fits right in with existing Point of Sales technology.

Mark: Right! It was pretty clear that we needed to find a solution that worked with retailers’ existing systems. So we developed the Pointy box. The Pointy box is a small device that attaches to a retailer’s barcode scanner. Basically it links the barcode scanner to a website we create for the retailer. Whenever the retailer scans a product with their barcode scanner, we recognize the barcode, and list the product on the website. The end result is live website listing everything in the store — here’s an example for Talbot’s Toyland, a toy store in San Mateo. They have over ten thousand products listed on their site, without any manual work.

The experience is pretty much seamless — just plug in Pointy, and watch your store website build itself. The Pointy box connects directly via the cell phone network, so there’s really nothing to set up. Just plug it in and it starts working. New products automatically get added to your store page, old products get removed when you no longer sell them, item stock status syncs automatically. We did quite a bit of machine learning to make that all automatic. Once the site is live, we also have some SEO and SEM tools to help retailers drive search traffic for the products they sell.

Miriam: My understanding is that the Pointy Team had to do a ton of legwork to put together various product catalogues from which data is pulled each time a product is scanned so that its information can be displayed on the web. I’m not familiar with this concept of product catalogues. What are they, what types of information do they contain, and what did you have to do to pull all of this together? Also, is it true that your team hand-reviews all the product data?

Mark: If you’re working in shopping search, then product catalogs are really important. Every mass-market product has a unique barcode number, but unfortunately there’s no master database where you can enter a barcode number and get back the product’s name, image, etc. So basically every retailer has to solve this problem for themselves, laboriously entering the product details into their systems. Pointy helps eliminate that work for retailers.

There are some product catalogs you can license, but each one only covers a fraction of products, and errors are common. We built a big data pipeline to pull together all of this product data into a single catalog and clean it up. We automate a lot of the work, but if you want the highest quality then machine learning alone isn’t enough. So every single product we display also gets approved by a human reviewer, to make sure it’s accurate. We’ve processed millions of products like this. The end result for the retailer is that they just plug in a Pointy box, scan a product, and their website starts populating itself, no data entry required. It’s a pretty magical feeling the first time you see it. Especially if you’ve spent countless hours of your life doing it the old way!

Where real-time local inventory appears on the web

Miriam: So, then, the products the retailer scans create the brand’s own inventory catalogue, which appears on their Pointy page. What tips would you offer to business owners to best integrate their Pointy page with their brand website? Linking to it from the main menu of the website? Something else? And do these Pointy pages feature SEO basics? Please describe.

Mark: Some retailers use Pointy as their main website. Others have it as an additional profile, in the same way that they might have a Facebook page or a Yelp page. The main thing Pointy brings is the full live inventory of the store, which generally isn’t listed anywhere else. To integrate with their other web presences, most just link across from their main sites or social media profiles. A few also embed Pointy into their sites via an iframe.

We work a lot on making these pages as SEO-friendly as possible. The queries we focus on ranking for are things like “product name near me” or “product name, location.” For example, a query like “rubber piggy bank san mateo” currently has the Pointy page for Talbot’s Toyland in #1 position. We have an engineering team working on this all the time, and we’ve actually discovered a few interesting things.

Miriam: And how does this work when, for example, a product goes out of stock or goes on sale for a different price?

Mark: We keep that information updated live. The stock status is updated based on the information from the Pointy box. We also handle price data, though it depends on what features the retailers is using. Some retailers prefer not to display their prices online.

See What’s In Store: Google totally sees the opportunity

Miriam: I was fascinated to learn that Pointy is the launch partner for Google’s See What’s In Store feature, and readers can see an example of this with Talbot’s Toyland. Can you explain what’s involved for retailers who want their inventory to appear in the SWIS area of the Google Business Profile (aka “Knowledge Panel”) and why this represents such an important opportunity? Also, does the business have to pay a commission to Google for inclusion/impressions/clicks?

Mark: This is a pretty exciting feature. It lets retailers display their full product catalogue and live inventory information in the Business Profile on the Google search page. It’s also visible from Google Maps. I’m guessing Google will probably start to surface the information in more ways over time.

It’s completely free for retailers, which is pretty interesting. Google Shopping has always been a paid service, so it’s notable that Google is now offering some organic exposure with this new feature.

I think that this is going to become table stakes for retailers in the next year or two, in the same way that having your opening hours online is now. Consumers are simply going to expect the convenience of finding local product information online. I think that’s a good thing, because it will help local businesses win back customers that might otherwise have gone to Amazon.

We’ve worked a lot with Google to make the setup experience for local retailers very simple. You just link your Pointy account to Google, and your live inventory appears in the Google Business Profile. Behind the scenes we do a lot of technical work to make that happen (including creating Merchant Center accounts, setting up feeds, etc). But the user experience is just a few clicks. We’ve seen a lot of uptake from Pointy users, it’s been a very popular feature. We have a bit more detail on it here.

What about special retail scenarios?

Miriam: So, basically, Pointy makes getting real-world inventory online for small and independent retailers who just don’t have the time to deal with a complicated e-commerce system. I understand that you have some different approaches to offer larger enterprises, involving their existing IT systems. Can you talk a bit about that, please?

Mark: Yes, some larger retailers may be able to send us a direct feed from their inventory systems, rather than installing Pointy boxes at every POS location. We aim to support whatever is easiest for the retailer. We are also directly integrated into modern cloud POS systems like Clover, Square, Lightspeed, Vend, and others. Users of those systems can download a free Pointy app from their system’s app store and integrate with us that way. And for retailers not using those systems, they can use a Pointy box.

Miriam: And what about retailers whose products lack labels/barcodes? Let’s say, a farm stand with constantly-changing seasonal produce, or a clothing boutique with hand-knit sweaters? Is there a Pointy solution for them?

Mark: Unfortunately we’re not a great fit for those kind of retailers. We designed the experience for retailers who sell barcoded products.

Miriam: You’re a former Google staffer, Mark. In local search, Google has become aggressive in taking a cut of an increasing number of local consumer actions and this is particularly hard on small businesses. We’ve got Local Service Ads, paid ads in local packs, booking buttons, etc, all of which struggling independent businesses are having to pay Google for. Right now, these retailers are eager for a competitive edge. How can they differentiate themselves? Please, share tips.

Mark: It’s true, lots of channels that used to be purely organic now have a mix of organic and paid. I think ultimately the paid ads still have to be ROI-positive or nobody will use them, but it’s definitely no fun to pay for traffic you used to get for free.

On the positive side, there are still plenty of openings to reach customers organically. If small businesses invest in staying ahead of the game, they can do very well. Lots of local product searches essentially have no answer, because most retailers haven’t been able to get their inventory online yet. It’s easy to rank well for a query when you’re the only one with the answer. There’s definitely still an opening there for early adopters.

“Pointing” the way to the future

Miriam: Finally, Pointy has only been available in the US since 2016, and in that short amount of time, you’re already serving 1% of the country’s retailers. Congratulations! What does the near future look like to you for retailers and for Pointy? What do you see as Pointy’s mission?

Mark: We want to bring the world’s brick-and-mortar retailers online and give them the tools they need to thrive. More than 90% of retail goes through brick and mortar stores, so there’s no reason they shouldn’t have an amazing technology platform to help them. The fragmentation and difficulty of accessing data has held everyone back, but I think Pointy has a shot at fixing that.

Miriam: Thank you, Mark. I believe Pointy has what it takes to be successful, but I’m going to wish you good luck, anyway!

Summing up

In doing this interview, I learned a ton from Mark and I hope you did, too. If a local retailer you market is seeking a competitive advantage in 2019, I’d seriously be considering early adoption of Google’s See What’s In Store feature. It’s prime Google Business Profile (formerly Knowledge Panel) real estate, and so long as SWIS is free and Pointy is so affordable, there’s a pretty incredible opportunity to set yourself apart in these early days with a very modest investment.

I’m feeling confident about my prediction that we’re on the verge of a new threshold in user behavior, in terms of people using local search to find local inventory. We’ll all have the enjoyment of seeing how this plays out over the next couple of years. And if you heard it first at Moz, that will be extra fun!

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My Best Free Training Resources To Help You Start An Online Business

On this page you will find direct download links for every significant free training resource I’ve created in the past decade to help you start and grow an online business. I recommend you bookmark this page as there is more here than you can get through in just one sitting. Blog Profits Blueprint Here are […]

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The E-Commerce Benchmark KPI Study: The Most Valuable Online Consumer Trend of 2018 Revealed [Video]

Posted by Alan_Coleman

The latest Wolfgang E-Commerce Report is now live. This study gives a comprehensive view of the state of digital marketing in retail and travel, allowing digital marketers to benchmark their 2018 performance and plan their 2019 strategy.

The study analyzes over 250 million website sessions and more than €500 million in online revenue. Google Analytics, new Facebook Analytics reports, and online surveys are used to glean insights.

Revenue volume correlations

One of the unique features of the study is its conversion correlation. All website metrics featured in the study are correlated with conversion success to reveal what the most successful websites do differently.

This year we’ve uncovered our strongest success correlation ever at 0.67! Just to give that figure context: normally, 0.2 is worth talking about and 0.3 is noteworthy. Not only is this correlation with success very strong, the insight itself is highly actionable and can become a pillar of your digital marketing strategy.

And the stand out metric is (drumroll, please!)…

Number of sessions per user.

To put it plainly, the websites that generate the most online revenue have the highest number of sessions per user over 12 months. Check out the video below to get a detailed explanation of this phenomenon:

Video transcript available below

These are the top factors that correlated with revenue volume. You can see the other correlations in the full study.

Click to see a bigger version

  • Average pages per session (.37)
  • Average session length (.49)
  • Conversion rate by users (.41)
  • Number of sessions per user (.67)
  • Percentage of sessions from paid search (.25)

Average website engagement metrics

Number of sessions per user Average pages per session Average session duration Bounce rate Average page load time Average server response time
Retail 1.58 6 3min 18sec 38.04% 6.84 1.02
Multi-channel 1.51 6 3min 17sec 35.27% 6.83 1.08
Online-only 1.52 5 3min 14sec 43.80% 6.84 0.89
Travel 1.57 3 2min 34sec 44.14% 6.76 0.94
Overall 1.58 5 3min 1sec 41.26% 6.80 0.97

Above are the average website engagement metrics. You can see the average number of sessions per user is very low at 1.5 over 12 months. Anything a digital marketer can do to get this to 2, to 3, and to 4 makes for about the best digital marketing they can do.

At Wolfgang Digital, we’ve been witnessing this phenomenon at a micro-level for some time now. Many of our most successful campaigns of late have been focused on presenting the user with an evolving message which matures with each interaction across multiple media touchpoints.

Click through to the Wolfgang E-Commerce KPI Report in full to uncover dozens more insights, including:

  • Is a social media engagement more valuable than a website visit?
  • What’s the true value of a share?
  • What’s the average conversion rate for online-only vs multi-channel retailers?
  • What’s the average order value for a hotel vs. tour operator?

Video Transcript

Today I want to talk to you about the most important online consumer trend in 2018. The story starts in a client meeting about four years ago, and we were meeting with a travel client. We got into a discussion about bounce rate and its implication on conversion rate. The client was asking us, “could we optimize our search and social campaigns to reduce bounce rate?”, which is a perfectly valid question.

But we were wondering: Will we lower the rate of conversions? Are all bounces bad? As a result of this meeting, we said, “You know, we need a really scientific answer to that question about any of the website engagement metrics or any of the website channels and their influence on conversion.” Out of that conversation, our E-Commerce KPI Report was born. We’re now four years into it. (See previous years on the Moz Blog: 2015, 2016, 2017.)

The metric with the strongest correlation to conversions: Number of sessions per user

We’ve just released the 2019 E-Commerce KPI Report, and we have a standout finding, probably the strongest correlation we’ve ever seen between a website engagement metric and a website conversion metric. This is beautiful because we’re all always optimizing for conversion metrics. But if you can isolate the engagement metrics which deliver, which are the money-making metrics, then you can be much more intelligent about how you create digital marketing campaigns.

The strongest correlation we’ve ever seen in this study is number of sessions per user, and the metric simply tells us on average how many times did your users visit your website. What we’re learning here is any digital marketing you can do which makes that number increase is going to dramatically increase your conversions, your revenue success.

Change the focus of your campaigns

It’s a beautiful metric to plan campaigns with because it changes the focus. We’re not looking for a campaign that’s a one-click wonder campaign. We’re not looking for a campaign that it’s one message delivered multiple times to the same user. Much more so, we’re trying to create a journey, multiple touchpoints which deliver a user from their initial interaction through the purchase funnel, right through to conversion.

Create an itinerary of touchpoints along the searcher’s journey

1. Research via Google

Let me give you an example. We started this with a story about a travel company. I’m just back from a swimming holiday in the west of Ireland. So let’s say I have a fictional travel company. We’ll call them Wolfgang Wild Swimming. I’m going to be a person who’s researching a swimming holiday. So I’m going to go to Google first, and I’m going to search for swimming holidays in Ireland.

2. E-book download via remarketing

I’m going to go to the Wolfgang Wild Swimming web page, where I’m going to read a little bit about their offering. In doing that, I’m going to enter their Facebook audience. The next time I go to Facebook, they’re now remarketing to me, and they’ll be encouraging me to download their e-book, which is a guide to the best swimming spots in the wild west of Ireland. I’m going to volunteer my email to them to get access to the book. Then I’m going to spend a bit more time consuming their content and reading their book.

3. Email about a local offline event

A week later, I get an email from them, and they’re having an event in my area. They’re going for a swim in Dublin, one of my local spots in The Forty Foot, for example. I’m saying, “Well, I was going to go for a swim this weekend anyway. I might as well go with this group.” I go to the swim where I can meet the tour guides. I can meet people who have been on it before. I’m now really close to making a purchase.

4. YouTube video content consumed via remarketing

Again, a week later, they have my email address, so they’re targeting me on YouTube with videos of previous holidays. Now I’m watching video content. All of a sudden, Wolfgang Wild Swimming comes up. I’m now watching a video of a previous holiday, and I’m recognizing the instructors and the participants in the previous holidays. I’m really, really close to pressing Purchase on a holiday here. I’m on the phone to my friend saying, “I found the one. Let’s book this.”

Each interaction moves the consumer closer to purchase

I hope what you’re seeing there is with each interaction, the Google search, the Facebook ad which led to an e-book download, the offline event, back online to the YouTube video, with each interaction I’m getting closer to the purchase.

You can imagine the conversion rate and the return on ad spend on each interaction increasing as we go. This is a really powerful message for us as digital marketers. When we’re planning a campaign, we think about ourselves as though we’re in the travel business too, and we’re actually creating an itinerary. We’re simply trying to create an itinerary of touchpoints that guide a searcher through awareness, interest, right through to action and making that purchase.

I think it’s not just our study that tells us this is the truth. A lot of the best-performing campaigns we’ve been running we’ve seen this anecdotally, that every extra touchpoint increases the conversion rate. Really powerful insight, really useful for digital marketers when planning campaigns. This is just one of the many insights from our E-Commerce KPI Report. If you found that interesting, I’d urge you to go read the full report today.

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Here Are All The Best Free Training Resources I Released To Help You Start An Online Business

As you may know if you’re on my email newsletter, my flagship course Blog Mastermind 2.0, is closing on October 1st, 2018. This is the final year I am running group coaching sessions, so I wanted to make sure if you joined Blog Mastermind before the closing deadline, you still have the chance to talk to me […]

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How the hospitality industry should approach online reviews and citations

Looking for more positive reviews? Here are some smart ways to build citations and reviews plus tips to boost the visibility of businesses in the hospitality sector.



Please visit Search Engine Land for the full article.


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Graham Cochrane: From Food Stamps To Making As Much As $75,000/Month Teaching People How To Mix Music Online

[ Download MP3 | Transcript | iTunes | Soundcloud | Raw RSS ] Graham Cochrane is the creator of TheRecordingRevolution.com, a blog and teaching business focused on helping people learn how to produce and mix music. At the time of this interview, Graham had topped $ 600,000 a year in revenue, primarily from the sale of […]

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7 Most Attention-Grabbing Words to Use in Your Online Marketing

Words are powerful. For marketers, they can mean the difference between successful conversions or a failed campaign. Certain words can pique a customer’s attention while others might repel them. So what words have the most power to get people interested in what you have to offer?

7 Words That Will Grab the Attention of Your Customers

1. Free

People love to get free stuff, so it’s no surprise that “free” is one of the most persuasive words in the English language. It’s often the primary factor in what product a customer chooses.

While the word can help with conversions, be mindful that it will also attract those who prefer bargains, and this might not be the type of customers you want. Instead, use it as a way to draw attention to your business, maybe by offering free guides, seminars, support, information, etc.

2. You

Using the word “you” in your marketing can be as attention-grabbing as calling someone by their name. It personalizes your message and helps you to quickly connect with your customers.

You can use this personalization to great effect in your email marketing. Make it more effective by developing distinct lists for your products and the customers who would prefer them. Integrate “you” in the message for a more personal touch.

3. TryImage result for 14-day trial

If your product is new to prospective customers, they’ll likely need time to decide on whether they want to buy it. Using the word “buy” can seem aggressive and could make the customer feel pressured. A better word to use is “try” since it’s non-threatening, but can still motivate people to act.

Give your customers a little push by encouraging them to try your product or service first. Offer a 14-day free trial period to test drive your brand or send them samples so they can know exactly what to expect from you.

4. New

When it comes to marketing, people prefer a recognized (or old) brand but love “new” products. This is due to the novelty aspect of an experience. It activates the brain’s reward center and is a great way to keep customers alert and interested.

You can keep your customers engaged by refreshing your website’s design or changing your product packaging. Add new features or find a different way of sending a message or making an offer. Your customers will be interested even in something as simple as a new background color for your ad.

5. Now

Delayed gratification has no place in marketing. Most customers want things immediately. So it’s no surprise that “now” is among the most powerful words in marketing. The word easily evokes your fear of missing out and pushes you to action. Your brain also gets all fired up as it imagines the rewards it will soon be receiving.

Make the most of the word and use it in your headlines, email subject headings, and calls-to-action. Boost the chances of instant conversions by making easily realized promises, like giving customers “Access Now” to services or by giving direct instructions on what they should do (Subscribe Now! Shop Now!). You can also use the word “instant” as it provides the same effect. In some cases, it might even generate a more powerful response.

6. Best

Image result for best selling

People love knowing which items or services are popular, especially when it appears to come from word-of-mouth. This is why consumers look for best sellers or are interested in the best products that a company has to offer. It also gives the impression that many people have already bought the product and had good results.

7. Easy

People want products or services that will make their lives simpler and easier. Use this adjective to call attention to the fact that your product will make things easy for them. Easy is also a very positive and encouraging word to customers.

Make the most of the word by using it to emphasize how easy your product is to use or operate. You can also interchange easy with other adjectives like “simple” or “hassle-free.” But be careful since the former tends to generate a simple response while the latter could cause customers to just focus on “hassle.”

And the Runner Up is…

If those seven words are the winners, then “sale” and “tips” are the runners-up. Sale is actually the granddaddy of advertising words. After all, who doesn’t love a good sale? The word also has the power to motivate customers into buying something. Meanwhile, customers love to receive suggestions on how they can do things better. This is why emails or blog posts with tips about a product or service are always appreciated.

Conclusion

You have to grab your customer’s attention if you want to win in digital advertising. These seven words are simple and can easily be included in any ad or conversation, yet they are powerful enough to generate interest among consumers. Learn to use them in the proper context and improve your online marketing.

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The Truth About Traffic: What The Experts Won’t Tell You About Growing Traffic To Your Online Business

[ Download MP3 | Transcript | iTunes | Soundcloud | Raw RSS ] I was up one evening recently thinking about the marketing campaign I was about to begin for my new company InboxDone.com. Having studied and practiced many different ways to get traffic to an online business over the years, I feel there is one […]

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