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Internet Marketing Strategies That Won't Hurt Your Savings Much
Your new business will benefit a lot from various Internet marketing methods. But you don't have to spend millions of dollars just to get some decent exposure for your company. There are ways to make your business be seen and felt without doing...
Online Advertising in a Nutshell
Internet is getting very important part in our lives, especially in business. Successful business can't be imagined without Internet presence. Many companies have their own corporate web sites and email newsletters but it is not enough. Online...
Search Engine Marketing - John Alexander Interviews SEO author Susan O'Neil about the early days.
Robin Nobles was the very first person to develop a structured series of comprehensive courses and lessons which are recognized and approved by the US educational system for training people in search engine marketing skills. Robin Nobles celebrates...
The 3 Secrets of High Traffic Sites
It seems to be in vogue these days to downplay the importance of web traffic. It's popular (and perfectly valid) to say things like: "Traffic is worthless if you don't turn it into money." Excellent point, but this assumes that you actually have...
Why Internet Marketing Resembles Frogs
If there is one thing I love about Internet marketing, it's the challenge. No, I don't mean the challenge of making money, although that's fun, too. I'm talking about little challenges we all throw up to each other. I mean, let's face it. Any...
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Top 7 (or so) Questions to Ask Yourself When Building Your Marketing Plan!
Building a proper marketing plan will provide you with the foundation you need to succeed in your business. To build a successful marketing plan, you must ask and answer the right questions. I wrote this article to invoke thought, consideration and reasoning. Instead of supplying you with information, I am going to ask you to offer it up for yourself!
1) What is your product or service?
This may sound simple, but before you can market your business successfully, you must clearly define what business it is, that you are in. Many an entrepreneur have bit the dust because they simply didn't know what product or service to market. Allow me to ask you this:
What product or service are you going to market?
Has it previously, or is it currently being marketed successfully?
What media are your successful competitors using?
What are their prices?
In their advertising and marketing, what audience are they targeting?
Will you be targeting the same audience, meaning how tough will your competition be?
2) Is there a demand for your product or service?
Is the projected current demand large enough to justify the costs of research, development, design, packaging, marketing and delivery of your product or service?
You must calculate the projected demand against start up, manufacturing, labor and all other costs it will take to get your product or service to your potential customers.
Is the customer base large enough to support the investment of time and money?
Is there room to expand?
Is there back end sales potential?
Do you project that your target market will grow, diminish or remain stable?
3) How can you out do your competitor?
Is your product or service of better quality?
Better price?
Better service?
What's your angle?
If you have competition (which you will 98% of the time), how will your product or service be better?
How aggressive will your competitors be?
Will they counter their prices to better their service or product appeal, to beat out yours?
Can you afford to provide your product or service at a lower rate and still keep a substantial profit margin?
4) What is your overall strategy?
Will you be targeting one product or service?
Will you be targeting a general market or will you require targeting distinct groups of people?
Where will
you find these people?
When considering media, what percentage of the audience fits your target consumer?
5) How are you employing your tactics?
Have you planned the tactic you will use to accomplish your strategy?
What are those special offers that will distinguish you above your competitor?
What special services can you provide that they cannot?
How will you keep tabs on your competition and their sales rates?
How will you collect your fees? Checks or Credit Cards? Online and Offline Solutions?
How will you test your product/service against your selected market?
6) How do you plan to stay on top of things?
How will you track your advertising and promotion?
Which promotions and media are drawing the best results?
Which is the most profitable?
How can you analyze the demographics to better target your future marketing strategies?
What networking plans have you made?
Who do you need to network with and why?
How will you find and contact them?
How will you monitor your (broken down) costs versus your profits?
How will you plan your budget?
7) What are your future plans?
What is your projected duration for targeted marketing of specific products or services?
How will you know when to target new or different products/services?
What products and/or services are you planning to add?
How can you ensure a safe recovery from failed promotions?
How will you know when it's time for your business to grow?
How will you delegate authority and who will delegate authority in your absence?
WHAT WILL YOU DO WITH YOUR SUCCESS?
Some of these questions may be difficult for you to answer yet, but each should be answered to build that Successful Marketing Plan you need. Relax, you aren't expected to answer these questions as you read them. If I may suggest, save these questions, use them as a worksheet. Answer the questions as the solutions make themselves known. Thanks to the simple text editor, nothing here is carved in stone. You can always change and update the answers as new ideas and information becomes available.
Follow a plan and plan to Lead!
About the Author
Wild Bill Montgomery ARE YOU SAVING ARTICLES ON YOUR SITE? WANT TO START SAVING TIME AND MONEY! Automate with our "ArticleMaster" Program Today! Visit Us Now and SAVE! Go To
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When You Know How | Network Marketing Works! |
Your guide to tips, resources, opportunities. Get your Free CD the Science of Network Marketing. We can show you how to make it work for you. |
www.network-marketing-works.com |
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Marketing, business - Is Network Marketing Just a Scam? |
Marketing, business - Is Network Marketing Just a Scam? - Entrepreneur.com. |
www.entrepreneur.com |
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Business Opportunities: MLM, Network Marketing, Work at Home |
Listing of Business Opportunities: MLM, Network Marketing, Mail Order, Kiosks and more. |
www.entrepreneur.com |
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Multi-level marketing - Wikipedia, the free encyclopedia |
Multi-level marketing (MLM) (also called network marketing or NM) is a business ... In a typical multi-level marketing or network marketing arrangement, ... |
en.wikipedia.org |
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List of network marketing companies - Wikipedia, the free encyclopedia |
Jump to: navigation, search. This is a list of companies which utilize network marketing, also known as multi-level marketing. ... |
en.wikipedia.org |
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MLM - Network Marketing Business Journal |
MLM industry journal is the oldest, largest MLM newspaper for the newest network marketing, direct sales, homebased income opportunities and articles. |
www.mmmonthly.com |
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The Real Problem with Network Marketing and Multi-Level Marketing ... |
It never ceases to amaze me the extreme polar views on the topic of network marketing and MLM. Some people are passionate about it in the extreme, ... |
entrepreneurs.about.com |
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Network Marketing News ONLINE - Home |
Network Marketing and MLM Tools, Training, and Information - your online resource. Business Opportunity. Free fax-on demand. Free autoresponders. |
www.networkmarketingnews.com |
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MLM Woman Newsletter - The Complete MLM/Network Marketing Resource ... |
MLM Woman Newsletter - The complete resource on the Internet for the MLM Woman and Man. |
www.mlmwoman.com |
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Site Build It! - Network Marketing |
Site Build It! is the only all-in-one site-building, site-hosting, AND site-marketing system of software tools for Network Marketers (MLM). |
networkmarketing.sitesell.com |
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Amazon.com: Your First Year in Network Marketing: Overcome Your ... |
Amazon.com: Your First Year in Network Marketing: Overcome Your Fears, Experience Success, and Achieve Your Dreams!: Books: Mark Yarnell,Rene Reid Yarnell ... |
www.amazon.com |
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Home based buisness ideas, MLM and Network Marketing Business ... |
Home based business ideas. Best home business and home based business ideas.Spiritual marketing your home based business ideas. Namaste. |
www.mlmforums.com |
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Network Marketing: Home |
Special Offer. >> Home. News / Events. 15.08.06: APPOINTMENT OF GREG GUTHRIE. © Copyright Network Marketing 2002, |, Terms of Use, |, Privacy Policy ... |
www.networkmarketing.com.au |
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Specialists in marketing and creative recruitment both agencies ... |
One of the UK's leading marketing recruitment consultancies. Specialists in marketing and creative recruitment both for agencies and clients on a temporary ... |
www.networkmarketingjobs.com |
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Network Marketing Success Now |
Tips and resources to help you build a successful network marketing business online... |
nmsnow.com |
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MLM Network Marketing Resources by Online MLM .com |
Directory of network marketing and direct sales companies. |
www.onlinemlm.com |
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MLM Network Marketing training Randy Gage |
MLM Network Marketing training resources by Randy Gage and other leading MLM industry experts give business building secrets for success in your home ... |
www.networkmarketingtimes.com |
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multi-level marketing |
multi-level marketing (a.k.a. network marketing & referral marketing) ... EVALUATIONS of MLM or Network Marketing Companies, Based on the "5 Red Flags" of a ... |
skepdic.com |
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Network Marketing |
Network Marketing as the basis of a home based business. |
www.homeworking.com |
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Network Marketing Support Services |
Offers resources for the MLM professional. |
www.mlmhelp.com |
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