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You are here > Home > e-Business
Marketing Strategy, Do You Have One?
Author: Cyberical Views: 307 Posted On: Apr 27, 2009
1. What is the product or service you want to sell?

2. Are you going to sell your own product or service or be an affiliate for another product or service?

3. Who do you think your potential buyers or users will be?

4. What means of promoting the products or services is best to reach those buyers or users? Emails, pay-per-click, mailing lists, newspapers, etc.

5. What is the potential cost of each method and how does it fit within your budget?

 

These are but a few suggestions of what you must consider when developing your marking plan. But one of the main steps you must take is results tracking. Every promotion for your internet marketing business must have a purpose and it is critical to track the results of each and every advertisement. Split testing can easily be adapted and incorporated into your Internet marketing strategy.

What is split testing? You simply put the same product or service out there by using maybe two or more different ways to promote it and see what works best. It might be different avenues of advertising, different headlines, maybe even different pricing, to see which method produces the best results.

During my fifty years in the business world, I think of the people I have encountered or heard about who signed up for internet businesses or who started a home based network marketing business without developing any type of marketing strategy, it saddens me. Why? Because, even the simplest marketing plan might have meant success, rather than failure.

There is a saying in sales that: "Ten percent of the people make ninety percent of the money". And I bet it is true in the internet business as well. There are millions trying to market on the internet and yet you have a small percentage of businesses that are the big hitters in producing large incomes.

If you were to study what they are doing to gain these large incomes, you would fine the basic steps are being used. Planning their marketing, tracking the results for different methods, adjusting their plan until they hit the right one, and then leaving it alone until it is not working anymore. All to often, we want to keep tinkering with something that is working until we mess it up.

So take the time to do some brainstorming and plan your marketing strategy to give yourself a much better chance of success. Taking the time to plan, could save you a lot of wasted time, money, and frustration in getting your business off to a successful beginning.

For additional ways to get your business off to a successful beginning, review the "Seven Step E-Course" at http://www.homebusinesscreated.com. We offer it for free and it can provide you valuable information on the steps to building your business.


Remember: "Successful People Do What Unsuccessful People Won't Do". Be successful in '08.