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3 Highly Effective Strategies To Power Up Your Business in 2005
Whatever your business resolutions may be for this year, youneed to take action. Each day that passes by is lost profitsif you don't do anything to improve your business. Everyonewants to have more and more success but if you just stay thereand dream about being more successful, you will never reachyour goals. As a matter of fact, it's imperative that you work on awell-constructed business plan to ensure that you meet yourobjectives. By using a road map for your future promotions, youwill be more focused and motivated. Just remember, doing a littleevery day can lead to a huge accomplishment in the future. You should always try to improve your business wherever you canand make more profits because there are so many differentprofitable marketing techniques that you can use to boost yourbusiness. With that said, let's see some of these lucrative promotionstrategies that will skyrocket your sales and profits. (1) Pay Per Click(PPC) Search Engines Pay Per Click search engines are among one of the quickestways to drive targeted traffic to your website. You just bidon keywords related to your site and you can get a top listingalong with the organic search engine listings. Bidding and keyword research are critical to the success of yourcampaigns. If you bid high for high competition keywords, youcan be sure to get a good placement in the PPC. An example withGoogle Adwords, positions 2-4 are usually very good. Of course,position 1 is the best but you will be paying the highest bidand your budget can be drained quite fast. If you bid for low competion keywords, you can pay for as lowas 5 cents and expect a top listing because there won't bemany ads competing for these keywords. Hence, if you can getlots of these low competition keywords which bring you highlytargeted clicks, that will be a very profitable campaign. Then you just need to ensure that you either get these visitorsto subscribe to your newsletter or buy whatever product orservice you might be offering. The most difficult parts are to get the right keywords and sufficient amount of clicks to prevent your keywords from beingslowed or disabled. When this happen, your ad will disappear.The best status for your keyword should always be "normal",hence it will be shown at full delivery. To solve this issue,your ad must be eye catching, it can arouse curiosity, it canstate a benefit in the description, it can include a call toaction and it helps if the ad itself contains the keywordyou're targeting. It takes a few minutes to set up an account with AdWords athttp://adwords.google.com To search for potential related keywords for your website, youcan make use of Overture search tool at http://inventory.overture.com/d/searchinventory/suggestion/ or Google AdWords Keyword Tool at http://adwords.google.com/select/KeywordSandbox Some changes at AdWords, if you are promoting affiliate products,you no longer need to identify yourself as an affiliate and includethe abbreviation for affiliate ie "aff" in your ad description. In addition, if there are several ads promoting the same productby using the same keyword, only one ad will be displayed now.Hence there won't be duplicate ads. A higher rank for your adwill be determined based on its maximum cost-per-click(CPC) andclickthrough rate(CTR) just like before. To solve this issue, you can promote that same product onyour own website instead of linking directly to the merchant'ssite. To know how much advertisers are paying for keywords, check outOverture bid tool at http://uv.bidtool.overture.com/d/search/tools/bidtool/ This can give you an idea for the competitivity of the keywords. Advertising on Overture is more costly and depending on yourindustry, usually you will reach over 80% of active Internetusers than on AdWords because your site will also appear onOverture's network of sites like MSN, Yahoo, Altavista, Infospaceand CNN amongst others as sponsored sites. To sign up for an account at Overture, go to this url http://www.content.overture.com/d/USm/ays/choose.jhtml (2) Search Engine Optimization(SEO) Getting free traffic from the search engines is one of themost powerful marketing tactics because not only are younot paying a dime but the traffic just like PPC is extremelytargeted. People coming to your site after making a searchon the search engines is one of the best methods to delivergood results. Getting your site noticed and ranked high in the search enginestakes time and work but the long lasting traffic is well worththe effort. To optimize your site, consider putting your targeted keywordsin your title, description, include some keywords in your content,and most importantly, get quality relevant links to your site. While you will be waiting for your rankings to appear on thesearch engines, an advice is to drive traffic via the PPC in themeantime. (3) Affiliate Program An affiliate program is a type of joint venture and is a highly effectivetechnique to generate new streams of traffic and skyrocket your sales. And best of all, it's FREE advertising and minimal effort on yourpart in contrast to ppc and seo where you have to work for yourrankings or pay for every click. On the contrary, you can capitalize on other webmasters' existingwebsites which are already getting traffic and if you have a productor service, it does not cost you anything to contact these businessowners and offer them to join your affiliate program to promoteyour product in return for a commission. Persuading them and finallyrecruiting them is the hardest part of your job and you have tomake sure that your joint venture proposal is convincing andinteresting. Furthermore, you can also profit from other marketers opt in emaillists and you can get a flood of new customers very quickly. Promoting your business constantly and regularly is the key tolong term growths. Take action today and start to work on youronline business goals by implementing the strategies mentionedabove. Every day and month which goes by is only lost time whichcould have been used to market your business slowly but surely. This article can be freely published on a website as long asit's not modified in any way including the author bylines,plus the hyperlink must be made active just like below. Jean Lam is the editor of Web Biz Secrets Newsletter. Subscribe today for powerful marketing tips and receive his new PDF eBook "3 SureFire Ways To Start An InternetBusiness And Strategies To Promote It" Visit his Internet Marketing Resource website.
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They capture traffic from search engines and links from other sources and turn that traffic into leads which turn into sales of products and services being sold on their sites. 7 Tricks for More Holiday Web Sales "Black Friday" has just passed, marking the traditional start of the holiday shopping season. Web sales are already at a record high this year and the fourth quarter of 2004 is projected to bring in $22 billion in online sales alone ? a whole third of the sales for the entire year. (Source: eMarketer.com) Selling to Sellers - Utterly Stupid Idea or Not Quite? The list of promotional tools and resources available to online marketer today isvery impressing, and new ones appear almost every day, each fancier and more sophisticatedthan ever. Almost all of them however are touched (some willeven say "cursed") by a sort of the original sin. After all, after SPAM became criminaloffence and as the result direct email marketing became all-but-impossible, the onlypeople who see your offer are those who are also trying to sell something.Every thinking person involved in the Internet marketing must have noticed thisdisturbing fact. Most marketers evidently try to forget, after having classified itas some modern version of the ancient Achilles and the Hare paradox - intellectuallysound perhaps, but not really applying to the real world. Other escape into "niche"markets where you sell to "normal people" i.e. not-marketers. Which of course isa perfectly valid and often profitable option. But is it really THE ONLY rational solution?Is it really not possible to sell to other marketers and be successful in that?In my opinion this "selling to sellers" is not at all as absurd as many people believe.It's simply different. And I often wonder why so little has been told about this differenceby the experts. Because to me it seems to be the most important aspect of yourmarketing, the most important initial decision: "Will I be trying to sellthings to people at large? Or perhaps will I concentrate on selling tools, resources andinformation to marketers?". And even the obviously important question of tangible vs. intangiblemerchandises doesn't seem to me more crucial.There are two main branches of Internet marketing. They are, as I will soon try toprove, very different but none of them is "absurd", "stupid", or by definition unprofitable.Of course, there are many more branches. Whether you're selling tangible or intangiblegoods is perhaps equally important. I don't know. In any case it's much moreobvious and widely understood. (That's probably because selling of tangible goods is asold as the humanity itself, and in it the tested methods of the post-order selling still basically rule,though of course adapted to the virtual reality.)Let's now give those two categories some short, simple names for the use of this text. Howabout "X marketers" (from eXternal) and "N marketers" (from iNternal)?The X marketers will be those selling to the "world at large", and N marketers will be thoseselling to fellow marketers.Now, an explanation is needed. When you start your marketing career you don't usually"decide" whether you want to be X or N marketer. It's mostly determined by the promotional toolsyou have access to at the beginning. If you start without any investments, or only with littleones, you will be using opt-in lists, traffic exchanges, FFA pages and similar resources. 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If it wasn't so our distinction would have little meaning andso the this article would have no meaning. But those differences are very visible. let'sstart with the language itself. If you are an N marketer and aresuccessful, have a list of many thousands happy clients and so on -- then you will be soon called a "Guru".If, on the other hand, you're enormously successful in selling let's say 2' x 3' stainless-steel widgets(or ebooks on painless, well-fed & lazy slimming for that matter), which of course means that you arean X marketer, then, even if you have thousands of faithful clients with deeppockets, instinctively reaching for their credit Platinum cards whenever they hear your name...Well, you will of course be admired and envied, not to mention rich, but you won't be called a Guru!You might be called something like "a Great Salesman", which is not too bad of course, but it's not the same,is it?Another difference is thatin N marketing you don't usually speak much about "niches". Selling memberships in credit based opt-in listsfrom some external point of view can be seen as much "niche marketing" as selling, let's say...polishing-wax for pet anacondas. Not true? But I personally have never heard this term used in this context.The most important differences are however in how X's and N's find their clients in the first place.Or sometimes how they let themselves to be found by them. This is not just a play with words,as search engines do exactly that --they let people find your offer, don't they? There are of course many different types of search enginesand similar systems ("normal" search engines, Pay Per Click search engines, directories etc.) but fromthe viewpoint of the potential client they basically do the same thing. And for the X type marketerthey are nowadays one of the very few available means of promotion. Of course it's in large part becausethey are very powerful tools, providing you with highly targeted hits. If you'reable to get high position on those search engines that really matter (and don't get bankrupt on the way, as theytend to be costly) you're almost there. Add some off-line promotion and you're onyour way to become The Great Salesman. (Of course all other aspects of your business also must bedone right.)If however you have decided that selling to sellers doesn't sound so absurd or pointless as it is oftenpresented, then your options are much more numerous. Which is a good thing of course, though yourcompetition also has the same options, so it's not an unmixed blessing. You must show your offerto marketers, so you need to show it where marketers are looking for offers. Why should they be looking?There are two main reasons.The first reason is that they simply are forced to look at your offers. How? Why? By whom?It's simply that many, if not most, of the methods of online promotionavailable today base on the principle reciprocality. Which in this context means: "I will take a look at yoursif you agree to take a look at mine". Yes, of course, you don't always have to actually look at those offers.Often you can pay the service to show your offers to others and ignore theirs.Still, the people who will see your offer will be those who wantto show theirs to the world. (Of course they don't necessarily need to be commercial offers, they can be sites devotedto hobbies, charities, private or group obsessions etc. But they all want to SHOW people something ratherthan SEE somebody else's offer.)Does anything positive result from this fact? And, to pose a much broader question: does the marketertrying to sell to sellers (N marketer in our terminology) have any advantages over the one trying to sell to non-marketers(X marketer)? My answers would be: YES and YES. Why? There are a few reasons. Some of them pretty trivial thoughnot without importance, like the fact that marketer usually is much more exposed to contact with offersfrom online businesses.Marketer also has some needs that can possibly be satisfied by buyingthings online. Two sorts of needs in fact. Firstly, the same needs that everybody else has. Secondly,specific needs related to Internet marketing. By being rather more exposed to Internet ads and offersthan an average person, more used to it and understanding it better, marketer would probably buy morethings online. But the other type of needs is far more important here.Now for the second type of needs. Marketer will need marketing tools, resources, information...These things change and develop in an enormous pace. This is of course a truism but it's absolutelytrue. If you're able to quickly find new promotional tools, opportunities and/or informationon Internet marketing, you will be in position to sell (more or less directly, we will notplunge here into discussing downlines and referrals) these information - for after all it isexactly information! - to other marketers. I personally see no reason why marketers should beless receptive to this sort of information than average person. In fact they are probablymuch more receptive, as they know perfectly well how much in their personal lives depends onthose tools, information and opportunities.It is probably not true that whole 95% of people trying to earn online is not earning any money, butit must be obvious that most marketers still have not found their way of doing business online andthere's no reason to believe that this situation ever radically changes.So it's not only information on new available services and opportunities that is sought after,and therefore sellable. In order to be successful in this sort of business, where there's so muchavailable information, potential chances and risks, and so little road-signs that can be fullytrusted, one needs to find their own way. Way of doing business online.Human life being as short as it is, with most often very limited finances (or you wouldn't spendyour time in front of the monitor with uncertain result, would you?), people who still haven'tfound the right method and attained real success in online business will need a "recipe", or,perhaps better, a successful person to help them -- a teacher, or even perhaps what the Americanscall "the mentor". (There's this old joke about some American children asking their parents topay them tree-climbing lessons, but Internet marketing without qualified help is a dreary andvery risky thing to do.)If you already are successful, then being the N marketer you have serious advantages. One of them,perhaps the most important, is that you only deal with one (big, that's true) issue: online marketing.As X marketer you would need to handle both marketing itself and the market niche you're in. Thisfact has some further interesting effects. For example this that by attaining success as N marketeryou're becoming a Guru, or "almost a Guru", and this time I'm using this term without irony. WhatI mean is simply that you've become an accomplished expert in your field, which of course isInternet marketing. While if you attait even the biggest success in selling widgets online, youwill be a "Great Expert In Selling Widgets Online". Which means that you will be generally seen asa crossing between "widgets expert" and "marketing expert". Nobody will be certain how good you arein any of those two parts of your activity! Effect of which will be that your success will bemuch harder to duplicate! You will have much more difficulty in teaching people your tested businessmethods. If they are not going to sell widgets like yourself, nobody can be completly sure it's thebest marketing practice that you're teaching. And the widget niche may be too small to accomodate manynew players. It will be a totally different matter with general marketing knowledge that you obtain practicingN marketing.One special advantage that N marketing has is something that I personally call "self-propelling money machines".So far they are not very numerous, at least those that work smoothly and bring tons of money withoutconstant need for adjustments and pushing. But there are some, pretty successful. And their will be more.What are those self-propelling money machines? They are smart combination of promotional resources with selling.One could say that they are resources that sell themselves, automatically. The simpler form cosists of just twomain parts: the Lead Generating Module (more often multiple Resources) that are constatly being sold by something thatcan be called the Selling Module to the leads they generate. One program that I remember that worked like that wasCommisionSpyder. In another, more advanced, version is probably best represented by the new "Explosive" ebook byStephanie L. Woolford, a very successful online marketer. (This ebook can be for example found on http://ebiz-guru.com.)Here one can three conceptual modules:the Lead Generating Module, the Selling Module, and an ebook (that can be either free or paid) that ignites thewhole process. I'm not sure I managed to describe the idea clearly enough, but it can be understood when seen in action.Ebooks are supposed to be the almost-perfect business and in near future they may really become that. If we assumethat this statement is true, we can say probably risk an opinion that X marketers have greater chance of publishinga competent book on topics related to their chosen niche they know lots about, while N marketers seem to have muchgreater chance of publishing purely marketing ebook, "viral" ebooks, and ebooks of the sort mentioned in previousparagraph included. Which seems to be another advantage of N marketing. So after all Selling to Sellers may notbe so stupid idea, wouldn't you agree? Free Demographics or Updated Data? During your search, you may encounter free demographic data. If data is data, then free is better, right? Not necessarily! Census data and commercial data do vary, at times so significantly that you may come to the wrong conclusion by using the latter. Let's take a look at each so that you can make the best decision when purchasing data or reports. Is The Internet the Ideal Marketing Medium? The internet has grown explosively in the ten or so years that it has been in widespread use,and internet marketing has grown along with it. Many factors contribute to making the internet the ideal business medium. Why Do Market Gurus Exploit This? Regardless of what you're trying to sell, you can't sell it without your prospective buyers. And selling through mail successfully depends mostly on how you talk to your prospective buyers. Knowing the psychology of your prospect is a very good advantage to cash in. This is an important guide line to apply when writing sales letters that generate very huge revenue. Hocus Pocus? Its Just Focus! How many times have you wondered what magic formula the top Net earners were using? Sex and the Gods of Internet Marketing Whenever I mention my occupation to a non-wired person, it seems to generate the same response: This Here Web Aint Big Enough For Both Of Us! Can You Corner Web Market Share With Negative Action If you're a fan of Western movies I'm sure you've heard mostof the title line before; just replace "Web" with "town."That line of dialog is offered right before the two cowboysgo outside and have a deadly gun duel. Wind blowntumbleweeds and shades of the OK Corral as a backdrop! Build Your Marketing Muscle During a saxophone lesson the other day I realized how much regular practice can help a part time internet marketer. My teacher taught me a long time ago to just play for 15 minutes a day to progress. I was shocked when I first started doing it, but it works. And it works fast. |
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