Online Manual -
Marketing 101
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Marketing 101
Marketing on the Web is not different than marketing on any other medium.
There are a few basics you should follow that are key to any type of
marketing. You can find more detailed information by reading any good
marketing book at your local library. Following is a very brief overview
of some important aspects of marketing, and how it applies to the Internet.
Knowledge |
Persistence, Patience, and Hard Work |
Setting a Budget
Setting Goals |
Defining Your Product |
Defining Your Target Audience |
Evaluation |
Diversity
Knowledge
As with any media, especially a new one, you must fully understand it
before attempting to market in it. The Internet is a complex world where
things can change drastically overnight. You must have good knowledge of
the WWW.
Before starting any site, you should have spent quite a bit of time on the
Internet browsing as many sites as possible. Make notes on what you like
and dislike about home pages. Look at various styles, and keep current on
new trends and technologies that make web sites stand out from the rest.
You should also be searching for competitors and making notes on their
sites. What are they offering and how are you going to be better. Do you
like their style. If you find a site that you particularly feel is going
to be a top competitor to your site, then jot down the address. Later,
you will use that address to help in creating links to your site (See the
section titled "Links").
The more you know about the Internet, the better your home page will be
and the more successful your marketing will be.
Persistence , Patience, and Hard Work
As with most advertising and marketing in general, you must have these
three characteristics. You must have persistence in marketing your site.
You can not place your site on the Internet one month, and take it off
after only two months because you were not getting results. One major
key to any advertising is repetition. You would be wasting your money to
place an ad for your business in your local paper, and take it out after
only one week. People might see it day after day and never call. Then one
day they want to buy your product or need your service, and they go to the
place where they know they have seen your ad to find information on contacting
or locating you. Likewise, you would be wasting your money to take your
pages off the Internet after only a few months.
Along with persistence, you must have patience. You can not abandon
everything when you do not get the results you expected. You must
evaluate what went wrong. What is not working, and make appropriate
changes. Then, wait again. Many times, people will just give up too
quickly. The Internet is a special case. Your site is out there on the
Internet, but it is a passive site. It is just waiting for people to visit
it. You must use various techniques to actively bring people to your site.
Some will work, and others won't. Once you determine what did not work,
and make the necessary changes, it could take weeks or months to see any
effects of the change. So patience will be key to success.
If you do not have lots of patience, then you will surely get frustrated
and fail. Marketing success does not happen overnight, even on the
Internet. You've got lots of hard work ahead, and this takes time. Don't
get frustrated when things don't work. Evaluate what went wrong and fix
it.
Don't think that after some time, you will be able to sit back and relax
as
the sales come in. You will never stop marketing your site. Keep in mind
that the more you market your site, the more traffic you will bring in, and
the more your sales will grow. The Internet is constantly changing, and
if
you remain static, so to will your sales.
Setting a Budget
Here is where you will define what amount you can spend. As mentioned
above, it may take longer than you thought to see results. You need
patience, but you also need a budget to help determine when you've waited
long enough. Set an amount that you are willing to spend on your site and
for its promotion. Remember, it takes money to make money. Initially, you
probably thought your only cost would be the cost of publishing your page
on the web. However, marketing your pages effectively does not require a
large investment of cash. It does however, require a large investment of
time and energy. If you have more money than time, you can have someone
else do all the work for you. But, if you are like most small business
owners, and you have time but little money, you will still be able to
market your site effectively.
Either way, you will still have to spend some money, and a budget is
essential for gauging your progress and for limiting your risk. You may
have a budget of time or money, or a combination. Obviously, the more time
and money you can invest in promotion of your site, the better your results
will be.
Setting Goals
After setting a budget, you need to set the goals you wish to accomplish
with your set budget. It is not a good idea to set a time frame when
dealing with the Internet. However, upon reaching the maximum allowed in
your budget, you should have a good idea of what you want to be
accomplished. As you can see, you can not effectively set budgets or goals
until you fully understand the Internet. And even after that, your budget
and goals should be dynamic. Many people insist on setting a goal and
budget and sticking by them totally. Where upon, if you exceed your
budget, then you should stop. Also, by the same token, if you have not
reached your goals by a given time, it is a failure and you should quit.
I do not subscribe to this logic. The Internet changes too quickly to be
held by static goals and budgets. Once you have begun delving into
promotion of your site, you will gain knowledge that will enable you to set
a more realistic budget and to set goals that are attainable. On the other
hand, you should not keep increasing your budget or lowering your goals for
the sake of moving forward. Always re-evaluate your financial situation,
as well as your marketing situation.
Defining Your Product
Your first job should be to fully understand your product. You should
understand it from all angles and know as much about it as possible.
Think about what specifically want to market.
This sounds easy, and you should already know all there is to know about
the product that you are selling or the service you are offering, but
believe it or not, many people are not prepared. This is especially true
if you are just starting your business. Once you understand your product
fully, you can better explain it to the public.
If you are selling a service, be sure you understand exactly what services
you will be offering and what your rates will be for these services.
Lack of concise product definition will result in inconsistencies in your
marketing of the product or service.
A good Internet business is one that is specialized. If you are going to
try to sell automobiles on the Internet, you are going to face stiff
competition. Even by narrowing this down to say Exotic Autos, you still
will have some competition. However, if you can narrow this down even
farther, to say 1950's Chevrolets, then you have a niche and will attract
probably everyone on the Internet who is interested in 1950's Chevrolets.
Specialization on the Internet leads to a greater chance of success for
your business.
Defining Your Target Audience
Who are you going to specifically target for your product or service?
Where do they reside. By that I mean, which sites do they visit? For
example, if you are an engineering consultant, you will want to market
your service at sites that deal with engineering. This will be "target
marketing".
Lack of definition of who your audience is will just waste your time and
lessen your marketing effectiveness. However, on the Internet, the nature
of browsing leads itself to blind marketing where you simply advertise in
any location whether it is relative or not. Some products will not have
a
specific target audience, but will include the entire Internet population.
Sometimes, you have to look at the entire audience of the Internet and
decide if it is even worth your putting a home page up. Remember that
your prospective audience resides all across the planet. Will your product
or service be attractive to people statewide, nationwide, or worldwide?
The truth is that if your product is localized, then Internet advertising
may be a waste of your money. For example, I've seen a small town pizza
shop invest a sizable amount of money to get a home page on the Internet.
I can't imagine what they were thinking at the time, but they were lead to
believe that they would see results from their investment in the home page.
Of course, very few people in their small town are actually on the Internet,
and those that are will probably never see their page anyway. It just
makes no sense to promote your business on the Internet just for the sake
of being On-Line. A small town pizza restaurant can not offer anything to
the Internet populace. It really depends upon the percentage of the
population in your town that are on the Internet, and if there are any
local sites set up by a business or the Chamber of Commerce that will help
advertise your site.
Evaluation
Finally, after you have your marketing and promotion techniques in place,
you must begin evaluation of each technique in order to determine which is
effective and which is not. Some forms of promoting your site will be a
success and others will need modification in order to bring in the largest
audience. In evaluating your different forms of promotion, it is important
to determine why one works and the other does not. It is always a good
idea to question your clients as to what main factors contributed to their
choosing your product or service. This is instrumental in providing you
clues as to what works and what does not.
If your provider allows access to your log files, you can learn much about
how many people are visiting your site, which pages they are seeing most,
and even which countries they are from. However, be aware of the log
file limitations as I talked about earlier.
Diversity
As with marketing any product or service, the more diversity the better.
Not diversity in the number of products or services you offer, but in your
marketing techniques. This usually requires a larger budget, but not
always when it comes to Internet Marketing. For Internet marketing, it
usually means more work and time spent discovering new sites in order to
promote your business from. The more different marketing techniques you
use, the greater your success will be in attracting visitors to your site.
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