Continued from page 1
Value target: The most applicable target which will maximize your purpose. For a business this would mean long-term profitability. If your website provided a certain service, you would target not necessarily
broad users, rather you would go after
users would be willing to ante up
cash for your service. So you have to look at, should I target a bunch of people, and get a lower response rate. Or should I target a specific group of people where I will get a higher response rate. In order to target this group, you may have to differentiate your service a bit to attract
needs of this group. All of these relates back to
price you are charging for
item, and
costs associated with advertising. On
internet, it is often more effective to differentiate your service, then target a more narrower group.
4) Keep that community going:
Involve your site community as much as you can. One of
best ways to do this, is to set-up your own e-zine, online newsletter. You already, probably have a fair chunk of content on your site, why not bundle it up into a newsletter. Provide a few new articles, hints, tricks, links, downloads, contacts, how-tos, etc. each week, when you are done sending these out each week, you can add it to your repertoire of online content. By doing this you are accomplishing 2-fold, you are getting
new content on your page in a consistent basis, which will pay-off in
long term. Secondly,
e-zine helps build your community, by keeping users coming back to your site. A neat business model, if you provide a lot of really useful content, is to setup a subscription based service to your premium content. You provide
free newsletter with some free content, then you include short blurbs of various reports, and in-depth articles on your site. In order to access these you require a subscription, password and id. You can setup your own merchant subscription service using PayPal .
5) Ok you have completed steps one through 4.
Now what? Well, you need to continually keep up with updating
site, and growing
site. At this stage you need to focus on your core competency, go back to your purpose, and decide on revamping, improving, or expanding these services. In addition, you may want to provide, special buttons, and banners for your site visitors to link back to your site, or subscribe to your e-zine.
You should be well on your way, now its time to go back to step 1. Remember , you can never leave your site without updating it and expect substantial growth. Keep
community growing.

Ben Blakley is a passionate internet e-commerce guru, who operates an online marketplace for businesses and consumers to sell goods and services. View the site online at http://www.ListBay.ca