I have spent thousands of dollars going to Internet marketing courses and countless hours sharpening my strategy of Internet marketing over the past 3 years. I believe what I have here are right and wrong method marketing methods. Newbie will find great information to get started while more advanced marketers will find tips on how to increase their profits.
The wrong way of Internet marketing methods –
~Marketing to people who aren’t at all interested in buying your products
~Not marketing or promoting your products on a regular basis
~Wasting your time following up on clients who will not give you enough profit back
~Not using any auto responders
The right way of Internet marketing methods –
~ There is an 80/20 rule and you need to use it! Do your follow up on only 20% of your real clientele who give you 80% of your income.
~Increase your sales with auto responders. (Use an Automated follow up email machine so you don’t have to manually respond to every sale)
~ How to increase your sales by at least 30-50%: Word-of-Mouth – This type of advertisement is free and easy. Your customers will tell their family, friends and coworkers about your products because they were affordable, the customer service was fast and efficient and they received what they wanted. Word-of-mouth advertisement is the best way to get more sales for your business. Most people will take their friends, family or coworkers’ advice on shopping more than any advertisement ever made. Take advantage of that by offering affordable products, exceptional customer service and always give the customer your best!
Pointers how to increase your profit for Internet marketing
~Offer products that complement your own.
~Sell more of the same product by lowering your price. (I personally learned this strategy at a marketing course I paid $4,500 for!) Lowering the price of your product will get your customer’s and other’s attention easily. People are constantly seeking out the best deals on the information, products and services that they want.
Give them an affordable price and your competitor’s will suffer. Think about how you could sell 1,000 of product x that sells well, but if you never lowered the price you would have only sold 250 of product x. Do the math and you will find out that by simply lowering the price you could have made more money.
A true hard statistic of Internet marketing is that 97% of Internet marketers barely make a living, while the top 3% are making an absolute killing. Why is this so? It is actually very simple: those who succeed at Internet marketing treat it like a real business, while those who treat it as “easy money” won’t get much of it. My final piece of advice to you my friend is don’t fall into the category of the hard statistic.