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Avoid Business Marketing Mistakes and Identify Profitable Opportunities
Without referring to statistics (assuming that such statistics exist) it's safe to say that most marketing campaigns, advertising promotions, and small business marketing ideas produce disappointing results and a smaller-than-expected ROI. The...
Emerging Marketing Trends
Emerging Marketing Trends Copyright [C] 2003 Shahnaz Rauf www.snzeport.com Net Marketers Beware! Change is in the air. As you all know, on the net change is the golden rule. The all supreme law that spells success of all shapes and sizes. If you...
Health Effects of Internet Marketing
It may not rank as a killer like heart disease or cancer, but the rush by many to participate in internet marketing could be putting them at risk of developing serious health problems both in the short and the longer term. The aim of this article is...
How Cultural Differences Affect Your Global Marketing Message
How Cultural Differences Affect Your Global Marketing Message by Ron A. Welsh Marketing across cultures worldwide is a thriving business as the world moves closer to a global economy. International companies have been marketing to countries...
Small Business Marketing Secret #6: A Bucket of Hot Dogs and a Squirt of Word-of-Mouth Advertising
What's your best form of advertising?
If you're like the vast majority of the people we meet, it's word-of-mouth. Of course - it automatically offers a virtually infinite return on investment because it's free!
Since you're like most people we...
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The Worst Internet Marketing Strategy Ever?
Many people are downright frustrated.
And when you look at their internet marketing strategy, it's no surprise.
Yet, they all fall into a classic trap that can ruin your chances of online success before you even get off the ground.
Have you heard about the ultimate short-cut to success?
Ultimate short-cut? That's right.
Many are led to believe that this is the holy grail of marketing online.
But, if this is your idea of a perfect internet marketing strategy, think again.
Here's how it works...
It's easy. Create a crappy product and contact every 'sap' who has an opt-in list of 40,000 subscribers or a website that gets a few hundred hits a day. Then ask them all to promote your stuff.
Works like a charm, doesn't it?
If you've ever been on the other end of the inbox, you know how annoying this can be.
Some person who sends you 12 emails out of the blue, asking (begging) you to endorse his/her product.
For example, I recently received a similar email from someone asking me to promote an MLM product to my subscribers and customers.
First off, the email was clearly a cut-and-paste job. It might have started with "Dear Jason", but the rest was a boiler plate email.
A big no-no when trying to get someone's attention and win them over.
And what about the product?
For all I know, the product might have been white hot. But, MLM is the furthest thing from my subscribers minds. Not all of them, but I'll bet at least 90% of them.
The problem here?
One word: targeting
My subscribers and customers are not the ideal target market for this particular product. If I start promoting MLM, I might as well squeeze in a "how to pick a winning stock" mailing as well.
Unfortunately, you will also see this "spray-and-pray" internet marketing strategy in other areas.
Let me give you an example.
Have you ever received an article on a topic that was no where near what you (or your subscribers/customers) are interest in?
Or, have you ever been asked to review a product that was about "snake breeding" or something way off in left field?
Have you ever received an email asking you to buy a drug that you have absolutely no use for?
The same rule applies: targeting
My advise? To really nail down your internet marketing strategy and hit the pavement running, here's a shortlist of things to consider.
>>> Hand Pick Your Partners Wisely
Notice I said "hand pick". Choose a few partners that you feel would be ideal candidates. Learn a bit about them and their business BEFORE
you contact them.
>>> Get Personal
When you finally decide to contact a potential partner, personalize your contact with them. Add a comment about how you like their website or ezine. Maybe you are a customer who enjoyed their product.
Be sincere and it will shine through.
>>> Think W.T.G.T.D.W.M.?
People are busy, overloaded, overworked. When you send out an email looking for people to publish your article, review your new ebook, or promote your product, you need to think W.T.G.T.D.W.M.?
W.T.G.T.D.W.M. = What's This Got To Do With Me?
Once again, if you are targeting the right partners and choosing them wisely, this question should be self-answered by the person who are contacting.
For example,
"Hi Andy. I am contacting you today because you are among the top snake breeders in America."
If your article, product, joint venture is related to snake breeding, you are half way to the finish line already.
>>> The 80/20 Rule Is A Lie
Ever heard of this rule? 20% of people produce 80% of the results? Online, this is more like the 97/3 rule. If you are looking for joint venture partners online, 97% of people will do nothing to help you. Sure, they might seem interested at first. But, when it comes time to "play ball", they will suddenly drop off the earth.
Your goal? Stop wasting time marketing to "everyone". Find the 3% who will work with you to accomplish your goals and make things happen.
Tip: If you are focusing on a highly targeted market, this will happen much easier.
>>> Know When To Back Off
So, you've sent two emails with no reply. Is it time to call it quits? Not always. Some people are genuinely on information overload and won't get back to you for several days (if not a week). Why not pick up the phone, make one last attempt and contact them by phone? If they fail to return your email or voicemail, perhaps it's time to move on (see 97/3 rule above).
Remember, the name of the game is targeting. When putting together your internet marketing strategy, pick your partners wisely -- aim to find that golden 3% as quickly as possible.
Take your time and get this part right from day one. It makes all the difference in the world when you are sending people something that is of real interest to them.
If it appeals to them, they will pay attention, and the boost in response you receive will speak for itself.
About the Author
Jason Potash makes it easy to learn from today's top marketing experts. For details and to claim your free Audio Library Membership, visit this site now: http://www.jvking.com
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KnowThis: For Marketing, Market Research, Internet Marketing ... |
KnowThis.com offers a wealth of information, forums, and resources for professionals, academics and students in traditional and internet marketing, ... |
www.knowthis.com |
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Marketing - Wikipedia, the free encyclopedia |
Marketers depend on marketing research, both formal and informal, ... The next big thing is a concept in marketing that refers to a product or idea that ... |
en.wikipedia.org |
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Marketing - Marketing Strategy - Marketing Plan - Marketing ... |
Learn about marketing careers, the stages of developing a marketing plan, how to begin marketing research, create a marketing strategy, and how to market ... |
marketing.about.com |
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Marketing.org - Home of the Business Marketing Association |
Serves the professional, educational and career development needs of business-to-business marketers. |
www.marketing.org |
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Welcome - American Marketing Association - www.marketingpower.com |
Dedicated to serving the educational and professional needs of marketing executives. |
www.marketingpower.com |
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Advertising, Marketing, Media and PR News - Brand Republic |
Find the latest Advertising, Marketing, Media and PR news from Brand Republic, the online resource for up to the minute advertising and marketing news and ... |
www.brandrepublic.com |
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Marketing Magazine - Marketing News - Brand Republic |
Marketing Magazine - Marketing News - Brand Republic. |
www.brandrepublic.com |
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Marketing (Canada) |
Offers a Canadian source of news and articles on marketing, advertising and media. |
www.marketingmag.ca |
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BidVertiser - Pay Per Click Advertising On Sites Of Your Choice. |
Pay per click advertising - online advertising directly on sites of your choice, internet marketing solution for online advertisers. |
www.bidvertiser.com |
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Online Behavioral Contextual Advertising and Marketing. |
Promote your business with today's most effective online advertising technology, contextual advertising at a cost effective metric of CPC, PPC, CPM or CPV. |
www.clicksor.com |
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Sales Jobs / Marketing Jobs / Advertising Jobs - MarketingJobs.com |
Employment site for marketing and sales professionals. |
www.marketingjobs.com |
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The Chartered Institute of Marketing |
The Chartered Institute of Marketing is the world's largest international marketing professional body and helps with career support and information ... |
www.cim.co.uk |
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Marketing: See what people are saying right now on Technorati |
See all blog posts tagged with marketing on Technorati. |
www.technorati.com |
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Marketing Profs - Marketing Concepts and Strategies: Expert ... |
Marketing knowhow from professionals. Newsletter, articles and how-to's. |
www.marketingprofs.com |
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Guerrilla Marketing Online - The Official Site |
Guerrilla Marketing Online is anonline magazine for small business, entrepreneurs, sales people and marketers of all kinds. |
www.gmarketing.com |
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Business Marketing - Small Business Marketing |
Business marketing - Read everything your need to know about small business marketing. |
www.entrepreneur.com |
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All About Marketing |
Adapted from Field Guide to Nonprofit Program Design, Marketing and Evaluation ... Inbound Marketing Includes Market Research to Find Out: ... |
www.managementhelp.org |
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Pages tagged with "marketing" on del.icio.us |
USA Network Announces a NASHVILLE STAR Marketing Partnership With ... - Yahoo! ... Direct Marketing Association: Telephone, Mail & Internet Marketing ... |
del.icio.us |
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ClickZ Internet Marketing Solutions for Marketers |
Includes columns with commentary and analysis on a wide variety of internet marketing subjects ranging from B2B marketing to search engine marketing. |
www.clickz.com |
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Direct Marketing Association: Telephone, Mail & Internet Marketing |
Trade association for users and suppliers in the direct, database and interactive marketing fields, offering seminars and resources, and lobbying for ... |
www.the-dma.org |
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