Friday, May 16, 2008

Marketing On The Internet - The 5 Fundamentals To Successful Marketing Campaigns

Marketing on the internet can be as tricky as marketing in real life. In fact, with the competition in the virtual world being much more than what a brick and mortar enterprise has to face, marketing on the internet has to be extremely efficient and powerful in order to give the desired results. Some internet marketing tips that will help make your internet marketing campaign better are:

Identify Your Target Audience: In order to make your marketing plan succeed, you first have to identify your target customer. Many internet businesses end up promoting to all and sundry instead of putting their message across only to people who actually have a need for their products and services. Once you know whom you want to reach out to, select the right medium for advertising. For example, if you want to sell music CDs, then putting your ads on music related web sites is much better than advertising on free e-mail sites.

Trail Your Customer: Research has shown that a potential customer might touch your web site almost seven times before making a purchase. Therefore, if you can manage to make visitors to your site register with you and accept your promotional campaigns, your chances of staying in their minds when they make a purchase are higher than if they have to keep locating you themselves. Keep your potential customers posted with useful information, attractive offers and campaigns and you definitely push your chances of making a sale higher.

Give Your Customer Security: When it comes to making purchases, the internet is still a tricky medium for the consumer. This is because there are too many choices available with too little guarantee. In order to encourage your customer to avail of your products and services, you should try to minimize the risk for the customer by giving money-back offers or warranties for your products. Your customer will be more inclined to buy if he feels secure in doing business with you.

Make A Great Offer: Another thing that can majorly help you in your marketing campaign is making very attractive offers to your customers at the beginning. If you know that your product is good, you can definitely try offering to sell it at an irresistible price or offer something of value free along with it. While you might suffer a loss the first time, your customer may come back to you for future purchases if your product or service lives up to expectations. This might hurt when you think in the short term, but it can be quite profitable when you calculate the life time value of a customer.

Keep A Report Card: Tracking your progress with every offer that you make is extremely important in order to know if your campaign is succeeding or not. Make sure that you have the required software to track your number of hits, conversions, bill value per sale and the profit or loss incurred during the campaign. This will not only let you know whether your campaign was successful or not, it will also help in identifying the weak spots of your campaign.

Peter Milazzo has been involved with sales and marketing for over 25 years. He was the top sales person for a major U.S. corporation for many years and is now a successful entrepreneur.If you would like to discover hundreds of proven money making strategies for your Internet business go to LearnFromAnInternetMillionaire.com

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