Showing posts with label audience. Show all posts
Showing posts with label audience. Show all posts
Wednesday, 8 September 2010
A product, service or program to sell
There are a lot of ways to make money from a home business. Many of the entrepreneurs have first been working for an employer to obtain the necessary skills into a home based business. However there are also people that make an impulsive decision and start a home based business on advice by someone, were attracted to an advertisement or are pushed that way for their current financial situation. You can make money online but as said in my previous article you need to develop a plan or system to benefit from an online business.
If you are starting an online business then you have many opportunities. Although don’t think yourself rich. It may be possible that your business is lifting off immediately but in most cases it needs hard work. I started out online by filling out surveys, reading emails and clicking on advertisements. This was not paying a lot. You need hundreds of sites to earn a couple of hundred pounds. You start earning if you refer other people to do the same as you do. At that time I was introduced to network marketing and learnt a system.
If you want to benefit online you’ll have to learn a system and afterwards implement a system that will work for you. If you start an online business in network marketing then you have to build up trust. The only way you can gain trust on the internet is to advertise yourself and stand firmly behind the product that you want to market.
Although we recognize the fact that some people starting in network marketing didn’t receive any support, I certainly would like to succeed in this business and if I don’t get the information I want then I ask for it.
If you join a network program, and you don’t ask a thing or don’t introduce yourself to a sponsor then there is no willpower to succeed in this business. A network marketing system is designed to work for you as well as for your sponsor. If you have a good upline than they are very willing to introduce you to possibilities to get you going. Your upline is benefitting from the work you put in.
When you have established a network then you can also think of selling affiliate programs or affiliate advertising (on your website). These affiliate programs will pay you a commission on click throughs and/or sales generated from your site. Think about Yahoo, Google, Clickbank or Amazon.
Once you are convinced that you have mastered the right opportunity, then it is time to do business.
It is from significant importance not only to choose a product or service to sell but also to target your market. Who are your customers?
For a business that is service oriented a industry market is clear. A plumber will most probably target private home owners than people who rent or in the other case deliver its services to a council or building society.
For an online business it is extremely important who your customers are and whom to target.
Keep this in mind when you are stepping into the online businesses. There are programs out there that promise you the world. If you don't feel good about the product or services than stay away from it rather then trying things out and see what is going to happen.
Every business will try to find or create other products in time to target other prospects. Profits of your business always need to increase.
Starting out online doesn't mean you have to sign-up for every program that is out there. If you follow this strategy you'll end up broke or you fail to establish your company in about two years.
Lots of people make the mistake to sell more programs at one time because they feel one program isn't earning them enough. If you have a good product then the revenue will come and after that it is time to expand your product line with another.
After you have figured out what your target market is you need to figure out why would this product be valuable for my target prospects.
You definitely can't say: my product is so good that everyone wants to have it because it isn't working. A DIYer will not buy a hammer if he needs to drill a hole. A person will not buy a car because he just has money to spent.
If you have the perfect drill and a DIYer needs to drill a hole then you are able to sell him your product. If a person is looking to buy a car because he needs it to commute then you can sell a car.
So it is wise to understand what the reasons are for your prospects to buy your products and to implement a strategy to sell your product.
Thursday, 26 August 2010
100% conversion rate on your website visitors
Major television networks have been in control of what you watch, when you watch it and how often you watch the programs that interest you. With the social boom caused by web 2.0 including social networks and online movies and video, major television networks can no longer confine your mind to their broadcasts for entertainment.
Chris Anderson (author of The Long Tail) hit the nail right on the head... In his book, he predicted that television's viewing audience will spend more time on the Internet than watching TV. This former viewing audience will entertain themselves by going to websites they are interested in (to do whatever is more interesting to them than watching TV). Chris predicted that people will spend their time more involved in their personal "long tail" interests.
This trend is bad news for the television networks!
The Internet offers television’s former viewing audience better entertainment because they can do, see and hear what they want and when they want. The big television networks no longer have a monopoly on the public’s entertainment and mind share.
To make matters worse... with the advent of DVR (digital video recorders) less and less people are watching television commercials (the lifeblood of the major TV networks). The average person with Internet access is spending 4 times longer online than watching TV. The effectiveness of television advertising is dwindling exponentially and to make matters worse, 90% of DVR owners are fast forwarding through television commercials!
The truth is, people hate commercials. We all know that sigh when you're intensely involved in your favourite TV show just to be distracted by 2 minutes of commercials. Most people have learned to ignore commercials, even if they are watching them!
All the big brand advertisers that you see on television are well aware of the fact that their advertising dollars are not as well invested in television ads as they once were. These major brands, including the BIG 8 in advertising, have been looking to the Internet as an alternate form of advertising for quite some time now.
For the first time in history thousands of people are going to share in revenue that was formerly paid to major television networks. Millions of dollars are going to be paid on a residual basis to a "core group" of marketing partners... No hype intended or implied!
PPP is a way for advertisers (Like Harley Davidson or Taco Bell) to serve a 5 second audio advertisement to website visitors. It is a way for advertisers to target their 5 second audio ad to specific interests, demographics and geographic locations.
Big TV's ad revenue is dwindling because PPP offers advertisers a more cost effective advertising solution that has been providing positive Return on Investment (ROI) for over 2 years. PPP offers advertisers a way to reach their target audience and is the only form of media whose impressions and ad placements are verified by an independent 3rd party.
PPP is not new, it has been running for 2 ½ years, has over 66,000 advertisers and over 550,000 websites that serve PPP ads to their visitors.
The 550,000+ websites that currently serve these ads are responsible for 43 million streams (impressions) of advertisers' 5 second audio ads on a monthly basis.
Labels:
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people,
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television,
television networks,
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