Tuesday, 14 September 2010
A Successful List Means Profit Increase
It is a tough world out there, especially in the world of cyberspace. The internet has brought with it many technological innovations, yet with it came along an influx of websites. The opportunities to make money online are there, but the competition is tough. The best option for survival is to have a solid relationship with your subscribers.
Internet marketing is obviously different than offline marketing. In order for your website to stand a chance against all the million websites that are out there you need to know how to generate traffic. This may sound like an impossible mission but the answer clearly lies in opt-in list building.
It is understandable that most first time visitors on your website will not make a purchase. That is why you have to be willing to give them something that will make them want to fill in their email address. This in fact is the concept of an opt-in mailing list.
Many marketers have come to understand that a well built opt-in list is the key to profit margin increase. Clearly that is why so many people are using their freebies to increase their opt-in list. The key concept is that the more people that sign up for your free stuff, the more able you are to reach like minded people. It is a time tested marketing strategy that has great impact.
Opt-in list building is about getting your internet business the publicity it needs. It is clear that the word free does in fact allow people to let go of their precious email address. Therefore you do not have to opt for the illegal warped version of opt-list building - SPAM. List building is indeed a wonderful and perfectly legal way of website promotion.
An opt-in list is the evidently the most powerful tool that you can posses in order to make your internet marketing a serious success. It gives you the opportunity to make your subscribers aware of what your product can do for them without actually saying so.
Internet marketing through opt in list building is about building a relationship with your subscribers. You need to understand what it is that your subscriber wants and you have to be willing to part some of that information along.
This way you can give your subscribers what they want while at the same time wetting their appetites to what you have to offer. A more effective relationship is thereby built this way and your profits will start seeing their way to the sky.
Monday, 13 September 2010
A Strategic Plan: 5 Essential No-Cost Or Low-Cost Resources To Short-Cut Your Profits In The Health Niche Market
Are you ready for the health market explosion that the baby boomers are about to bring onto the internet?
If not there’s, a good chance that you’ll want to get ready for it.
The reason why; In just five years, more than 100 million consumers and your potential customers in North America will be 50 and over. These people have and will continue to drive the market place so your best bet is to be ready for them, and what they’ll be looking for is health information.
So here are 5 Essential No-Cost or Low-Cost Resources for you to start making money in the health and fitness market….
Essential Resource #1:
www.HealthInfoProfits.com
Chances are that you don’t yet have a product to market to the millions of people who are looking for health information every month. So, as you research for your passionate health niche, there’s an amazing way to shortcut this process which is called Private Label Resale Rights Products.
What they are simply, are products already created for you, to use as you wish. Either for people to download with ebooks, for free reports to collect names and email addresses for creating a mailing list, or simply as content on a website or blog to grab a piece of the Google Adsense Phenomenon or affiliate commissions.
The best is that you can pay a small amount for a membership and get products with sales pages written for you each and every month. This cuts down on a ton of research time for you.
One point however is that you’ll most likely want to enhance and change these products so that they become yours and the next resource is so extremely valuable that I almost made it number one.
But first here’s the direct url for private resale rights packages again:
www.HealthInfoProfits.com
Essential Resource #2:
www.WebMD.com
As you enhance your Private Label Products with new and valuable health information the grand daddy of all sources for health information is definitely WebMD.com. They are hugely known as one of the most reliable sources on the web for health information. The reason being that the great majority of their articles are actually written by doctors and/or those within the health care profession.
Now with that being said there’s an even better source within WebMD for doing your product/content research, and this is the discussion forums that focus on just about any health problem that you can think of.
These are immensely valuable for the fact that you can figure out exactly what is on the mind of your potential customers at any given time.
Sufferers are on these discussion boards for one reason and one reason only. To look for answers to their health problems, and you can be sure that if one person is asking, somebody else is wanting an answer to the same question.
These are the answers that you’ll want to provide within your content simply because these are your future customers.
Here’s the direct url to the message boards at WebMD:
http://boards.webmd.com/.bebc200/
Essential Resource #3:
Google Answers.
I’m actually shocked at how many people don’t know about, and don’t utilize Google Answers.
Here’s why it’s such an essential resource and how it works.
Using the search engines to research a topic can be very time consuming considering all of the muttle and irrelevant content that you have to suffer through just to get the answer to one or two of your most pressing questions that you want to tackle. When you go to Google Answers you can either a) pay a small fee to ask a question, in which a professional researcher hired by Google will actually research your question for you and answer it on the board. The beauty of this is that they give all the actual resources that they used to get your answer giving you url’s in case you want to further your research.
Or… b) you can just type in your keyword and there’s an amazing chance that someone has already asked the same question and better yet, payed for the answer so that you don’t have to. You have to really visit the site to appreciate the beauty of it.
The direct url is:
http://answers.google.com/answers/
Essential Resource #4:
The Warrior Forum:
This is just a quick and easy no-brainer.
If you want to make money online marketing health information then you want to tap into the greatest minds on the internet don’t you? This is the greatest place to do this. There is an entire marketing education to be had for free on this forum.
The people there are extremely knowledgeable, and very fair to the newbie.
Here is the direct link to the forum:
http://www.WarriorForum.com/forum/
Essential Resources #5:
www.List and Traffic.com
If you want to make money on the internet then you absolutely must have a list.
In order to grow your list you must have traffic to your site, or opt-in page. This is where Jimmy D. Brown (one of the greatest and most trustworthy internet marketing teachers online) comes in, and gives you so much value for your money that you would be a fool not to at least try it out for the measly ten dollars.
So there you have it. Five incredible resources that should get you running and seeing profits quickly from the baby boomers that are about to drive the internet health market.
You can get every answer to every question you should ever have from these five sites where all the information is literally right at your fingertips. It’s just up to you to take the action and use the information.
Sunday, 12 September 2010
A Simple Thank You is Money for You
As a business grows, sometimes business owners tend to forget the most important part of their business – the customers. The danger with this is that the business can become just another faceless unit that customers deal with. Remember that acquiring customers is difficult especially if people just buy from you once. This is why people who are already old in the business industry will tell you that it is better to spend money on advertisements to keep old customers than keep on beating around the bush to gain new customers.
To really keep your customers, you need to spend a day or two every month to make courtesy calls and thank your existing customers. If you really don’t have any real business to do with your customers a simple hello will be nice. Your customers will be pleased that you took the time just to check in.
Thanking your customers is often a neglected gesture yet a very powerful sales tool. There are several instances where in a simple thank you to your customers will be very much appreciated.
First, when they make a purchase a simple thank you will be well appreciated. When was the last time a store clerk thanked you for buying from their store? Do you remember the last time a retailer thanked you for shopping at their store? This simple thank you could mean a lot of things for the customers.
Second, when they contact you regarding a service issue. Some companies think - why would they thank a customer for complaining? What they don’t realize is that when people express their concern they are giving you an opportunity to improve your business.
Third, when they refer you to other potential customers. Some businesses generate customers through referrals. If for instance you always neglect to thank the person who has been referring you to others, they might stop sending potential clients to you. And this could be a big loss for your business.
Fourth, loyal customers also deserve a thank you. It is critical to thank long term clients. But some take these individuals for granted. Keep in mind that they like anyone else, also wants to feel appreciated. Thus, sending a regular thank you card or note will be enough.
There are countless ways to say thank you. You can send an email, write a note or card or even thank them in person. An inexpensive card with handwritten comments can help you stand out from your competition. Remember that globalization and the internet means your customers can choose from thousands to stores at the touch of a button. Thus, staying ahead of the competition is important. Yes, creating thank you cards can take some time but the payoff is usually worth it.
Saturday, 11 September 2010
A Right Media Mix Can Make the Difference
Branding is no longer simply about visual appeal (or the cherry in the apple pie example, as given in my earlier article). Unfortunately, many graphic design firms who position themselves as advertising agencies believe that branding your corporate identity is all about developing great looking visual solutions.
However, there is much much more to branding than just looking good. Particularly in this web 2.0 era, where a powerful web presence has become a vital ingredient of your branding strategy, developing the right media mix holds the key to building a powerful brand equity.
<b>In other words, a right media mix would mean: </b>
• Creative design solutions (the design, color, and content of your ads, marketing collateral and website enhance your brand equity, attract customers, and generate sales)
• Web development (every product/service worth its name has a web presence these days, some have truly interactive, animated sites encouraging customer involvement),
• Viral marketing (vitally important in today’s age of social networking, tagging, podcasting, blogs, forums, wikis and what have you)
• Television commercial production, print media advertising (traditional media cannot be overlooked)
• Strategic films (have become necessary elements of roadshows, exibhitions and other promotional campaigns)
• Corporate video production (a very important tool for branding your corporate identity)
• Direct marketing (marketing collaterals need to be just as effective and resonant with the overall branding scheme as the communicate directly with the customer)
• Outdoor advertising (hoardings, roadshows, participations in business fairs, exhibitions, etc)
There are some interactive advertising agencies that have recognized the need of the hour - developing creative design solutions that employ user-centric investigation and involve critical and systematic thinking. User-centric means understanding of needs and priorities of end user; the clients' customers, their channel partners, users, and brand communities.
So if you want to register your brand as one that is synonymous with customer loyalty, you must develop a complete package, keeping the customer as the prime objective and organizing product stories around the way they prefer to learn about, compare, select and confirm purchases, connecting brands and their experiences.
Friday, 10 September 2010
A Right Media Mix Can Make the Difference
Branding is no longer simply about visual appeal (or the cherry in the apple pie example, as given in my earlier article). Unfortunately, many graphic design firms who position themselves as advertising agencies believe that branding your corporate identity is all about developing great looking visual solutions.
However, there is much more to branding than just looking good. Particularly in this web 2.0 eras, where a powerful web presence has become a vital ingredient of your branding strategy, developing the right media mix holds the key to building powerful brand equity.
<b>In other words, a right media mix would mean: </b>
• Creative design solutions (the design, color, and content of your ads, marketing collateral and website enhance your brand equity, attract customers, and generate sales)
• Web development (every product/service worth its name has a web presence these days, some have truly interactive, animated sites encouraging customer involvement),
• Viral marketing (vitally important in today’s age of social networking, tagging, podcasting, blogs, forums, wikis and what have you)
• Television commercial production, print media advertising (traditional media cannot be overlooked)
• Strategic films (have become necessary elements of roadshows, exibhitions and other promotional campaigns)
• Corporate video production (a very important tool for branding your corporate identity)
• Direct marketing (marketing collaterals need to be just as effective and resonant with the overall branding scheme as the communicate directly with the customer)
• Outdoor advertising (hoardings, roadshows, participations in business fairs, exhibitions, etc)
There are some interactive advertising agencies that have recognized the need of the hour - developing creative design solutions that employ user-centric investigation and involve critical and systematic thinking. User-centric means understanding of needs and priorities of end user; the clients' customers, their channel partners, users, and brand communities.
So if you want to register your brand as one that is synonymous with customer loyalty, you must develop a complete package, keeping the customer as the prime objective and organizing product stories around the way they prefer to learn about, compare, select and confirm purchases, connecting brands and their experiences.
Thursday, 9 September 2010
A Reality Check On Your Marketing Strategy
The 'Marketing Strategy' is the way we have come up with for achieving our marketing goals and it should include two mandatory elements:
- Which target consumers whom we can reach, hold a viable potential to buy whatever we intend to sell?
- What is the offer (the entire marketing mix) we will be presenting to these consumers in order to appeal to them and thus realize the said potential, given their alternatives?
You must not think of these as two separate questions but rather as two parts of the same idea. Let me clarify. What are "target consumers with a potential to buy"? These are consumers (a sizeable enough group with buying power) likely to desire what you are offering. Why would they want it? That is the potential that you are supposed to identify. There may be several reasons. For example, maybe they are not consumers of your kind of product yet, however, they might be if something happens, or if they are exposed to a certain message. It could be that they have special needs or preferences, which up until today were not catered to by any of your competitors' offers (and don't forget that psychological, social, aesthetic needs are real needs). Maybe they are bored with what they routinely buy. When you identify such a situation, you know that the potential is there.
Identifying potential is only the initial stage of your mission, of course. Your strategy would also have to include something that you are going to offer these consumers that might improve their situation in a certain way, solve a problem, give them more than what they already get for the same price, or open new opportunities for them. In short, something that will motivate them to buy from you and thus materialize the potential.
The 'Marketing Scenario' is a synopsis of the logic of your marketing strategy. In the same breath, it also enables you to make sure that that logic really works. The 'Marketing Scenario' translates the 'Marketing Strategy' to simple everyday language. How will it happen in reality? How will the materialization of marketing goals occur? I don't know whether or not you have already sunk in this fact, but marketing goals are achieved through customer acts. So, let's assume that we install a webcam with enhanced psychological insight capabilities inside the market and that it captures the materialization of our marketing plan, one purchase after another.
What is the 'Marketing Scenario'?
The 'Marketing Scenario' is an amazingly simple tool to use: Only four questions. Are you jotting this down?
1. Who are the people who we believe have the potential of buying what we intend to sell? Yes, these are the same people we so often refer to as the 'Target Consumers'. First, we must define our targets. What do these people have in common that makes them probable prospects (in the sense that they are likely to be particularly interested in our offer)? We could use demographic, socioeconomic, psychographic, as well as lifestyle descriptions. Note that at times, we target not a specific group but a wide almost indefinable group of people in a specific mood, a specific situation, or a specific need or state.
Make room for another possibility. You can target not a defined group of consumers but rather a state of need/desire or a consumption context shared by many diverse consumers at one time or another.
2. What precisely should they be doing (that they are not doing already and will probably not do if we will not intervene), that would direct them to eventually choose our brand specifically? It is, by the way, the first and only objective of branding. What do they have to do so that your marketing plan will materialize (even before the actual purchase)? Do they have to go somewhere? To call? To agree to meet your salesperson? To stop and pick out your product from the shelf? Which activity, which does not occur today, would lead them in the correct path on the way to buying?
3. What is the sound reason that should motivate them to change their behavioral inertia? How will they benefit from that change? Why would you, in their place, buy what you are offering? You can think of it as your differentiating factor (what makes you differentially better?), or as your competitive advantage (what makes you comparatively better?), according to your preference. What could make their situation better compared to their current standing and to the other options available to them in the market?
4. How exactly will they extract the benefit (that which answers question 3) according to your marketing plan? That is not a repeat question. Notice that the third question dealt with the 'why' of the target consumer's planned motivation, and now, we are trying to understand the 'how' of your marketing plan. How are you planning to provide the benefit defined in the answer to question 3? If, for instance, you said before that you are making something more accessible, easy or comfortable for them, now explain how it will become more accessible, easy or comfortable, due to you product.
Let us look at an example: The introduction of Palm Pilot to the market. O.K.? Just the main points:
1. "Residents" of the business community, gadgets fans, who manage a dynamic, constantly changing schedule, and have not yet embraced the electronic organizers, or were disappointed by them because of their being laborious to update and generally unreliable.
2. ... will step into the nearest office equipment store and ask about the Palm Pilot.
3. ... because at last there is an organizer which is not only sophisticated, small and wonderfully shaped, but is also easily kept up to date and preserves the stored data when damaged or when upgrading to a new model
4. ... because the Palm Pilot can 'converse' with the PC, making the updating process a simple task to perform, as well as enabling creation of backups which could be easily transferred on to the next generations of organizers.
That is what the 'Marketing Scenario' is all about. All you have to do is answer the questions. Be precise. Be thorough. Be honest. Do it in writing. Even if you're absolutely sure that the answers are positively clear to you and there's nothing to be gained. Only when your 'Marketing Scenario' is totally translated to a written text, should you go on and proceed with the brand development process. Otherwise, you will get trapped along the way, and don't say I didn't warn you.
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.
Subscribe to:
Posts (Atom)