Three Common Online Marketing Blunders That Can Kill Your Business
Business → Marketing & Advertising
- Author Anne Moratis
- Published March 19, 2011
- Word count 620
It is common knowledge that far more people fail at doing business online than succeed. For many years I've read the identical statistic that 80% of offline business owners fail within two years. There are too many reasons why businesses fail, and of course a large number of them will never be known. One huge basic category that contains perhaps most of the reasons are mistakes in the execution of business - marketing and advertising. This activity of making money online allows for false information of all types across the board. Nonetheless, when someone goes down in flames and they have failed, then that is sufficient for most people to cause them to quit.
It is simple to follow the mistaken perception that providing enough alternatives for people will surely capture the greatest number of them in your marketing and advertising net. Since nearly all of us also like choices, there is a right time and place for giving them as marketers. However, options are often a killer of sales, but yes it can depend on the situation. It is counter-intuitive, but presenting people in your sales funnel a great deal of options can backfire. The thing is, it has to do with human nature - in certain circumstances people have a difficult time with decision making. Regrettably, that very much applies when it comes to deciding what to buy. Buying indecision is perhaps the greatest killer of sales.
If you can be correctly described as being, cheap, then that is fine but just make sure you do not assign that mindset to everybody else. We are talking about imagining everybody buys at the cheapest possible price - that is patently false. Take a look at watches, for example, there are cheap and high-priced watches. Some very upper-end products have been around for many, many decades. If everyone was cheap, all those companies could not have made it as long as they have. People want to spend a great deal on certain things for their own motives. If what you promote can be sold at a premium, then do not hesitate to ask for a fair price for it. It obviously can be done, so maybe study those companies who do sell higher priced products.
Every now and then you may get a concept for something and perhaps assume just about everyone who sees it will want it. I think most people have experienced that at some time. Marketing history has its fair share of examples about products that appeared to be bought by almost everyone. In terms of every person on the planet buying something from one company; we do not think that has happened - yet. The risk of this line of contemplating in your own business is it can easily make you complacent and fail to market or advertise to the extent that you should. If you begin to imagine your product will be universally liked, then that will lead you down harmful paths. Not everybody will want to buy from you, or your product or service.
If you have chosen to do online promotion campaigns with article marketing, article submission services is a crucial part of the method. It is critical for you to submit your content articles to quality internet sites that will give you some good link juice and help you rank your own site for the keywords and phrases which you are targeting. SEO and article marketing truly work in concert to give you higher search rankings and more targeted web traffic. Nevertheless you can't be submitting all your articles yourself to web 2.0 sites as well as blog networks. You actually need to have some article submission software to allow you publish your articles.
And now I invite you to go over to http://www.EfficientArticleMarketing.com, where you'll have the opportunity to read a free online article marketing tutorial and to subscribe to the e-mail newsletter with advanced tips and tutorials.
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