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Internet Marketing Success Requires a Business Plan (Part II)
Formal business planning is a process that takes that "great idea" and subjects it to rigorous scrutiny. It either validates your premise or else shows you where the idea falls apart. Business planning forces you to identify costs and develop a...
Marketing Your Business Website On A Budget
Owners of home based businesses that are trying to make a living working from home know the problems encountered trying to get your website noticed in order to increase traffic and ultimately revenues. After all, if people don't know about your...
Small Business Marketing Plans Are Bad For Business
If you are a small business owner or independent sales professional and you are working on, thinking about or reading about creating a marketing plan - STOP!!
So many so called "marketing experts" say you need a marketing plan and puke out all...
Ten Ways to Cut Marketing Costs
Marketing is a creative activity, you can keep finding new and better ways to make that impact and suck in those sales, even if you have a limited budget. There are those that want free offers all the time, and it’s difficult for new businesses to...
What Is Marketing?
To too many people marketing equates to one of two things:
- Selling: with all that entails such as the dreaded double-glazing or financial salesman.
- Advertising: with all that entails such as the slick young creative and smarmy account person....
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Do You Play Hit and Miss With Your Marketing?
Too many online marketers use a "hit and miss" marketing approach. By that I mean placing some ads here and there in the hopes of selling something. And it's the worst possible way to do business.
Why? Because you probably *won't* do much, if any, business at all. It's a fact that people on the Internet *rarely* buy from someone they don't know. The Internet is a scary place of scams and schemes and rip-offs. Online shoppers are very wary about giving up their credit card information to just anybody.
But if you use the right marketing strategies you'll have a much better chance at succeeding. A *good* product will always sell, but you have to approach your propects correctly or they'll turn tail and run faster than you can imagine. And they may end up buying from your competition!
This holds true no matter what product or service you're trying to market online. You can have the best widget in the whole world, but if you turn off your prospects before they're ready to buy, you'll lose more sales than you'll gain.
Successful marketers use the "warm 'em up first and make the sale later" approach. They implement many strategies to drive traffic to their website, but if the visitors
are leaving without buying anything, they make one final effort to hang on to them for future sales. And 90% of the time it works!
So what is it that they do? Capture their visitors names and e-mail addresses! They offer them something of value for free in exchange for their information.
Offer your visitors a free report or a subscription to your ezine. They're now a "warm" market for your product, and once they get to know and trust you they'll become your customers.
When you run ads using the "hit and miss" approach you have just *one* chance to sell your product to each person who clicks on your link. If they don't buy right then, you've lost them forever. But when you "warm up" your prospects first you have a better chance of making sales.
So start warming 'em up, already! :~)
About the Author
Denise Hall is the owner of Home Business on a Budget.com, specializing in free and low-cost tools and resources for all your home business needs. Subscribe to her weekly newsletter for informative articles, resources and fun. http://www.home-business-on-a-budget.com/subscribe.htm
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