How The “Product Life Cycle” Can Kill Your Online Business

Written by Richard Glanville


Continued from page 1

The lessons to be learnt from this are:

If you create a product, make sure you have an affiliate program. It will save you a lot of money and sales will come in faster. If you are fortunate to find a product that you believe in before it gets rolled out, grab it and stick to it.

Two things are happening at this point in time that you need to be very aware of. First of all,repparttar owner ofrepparttar 120903 product is still busy building his affiliate base and has not yet achieved maximum profitability with his product. Secondly, affiliates had a relatively easy time with little competition for sales.

From this point of time in more affiliates will joinrepparttar 120904 program. This is good forrepparttar 120905 owner ofrepparttar 120906 program as more sales will be generated. There will however be a lot of competition forrepparttar 120907 affiliates and those affiliates who do not know what they are doing can expect less and less sales. The inexperienced marketer had better hope that this product generates a residual income!

Eventually,repparttar 120908 market will have received high exposure torepparttar 120909 product. Customers will have started to userepparttar 120910 product and provide feedback andrepparttar 120911 creator ofrepparttar 120912 product will be made aware of possible improvements that can be made torepparttar 120913 product.

At this point in time,repparttar 120914 creator ofrepparttar 120915 product can startrepparttar 120916 cycle again by either offering an update onrepparttar 120917 product or by releasing a completely new product that satisfies customer demand.

Although an affiliate as such is unable to modifyrepparttar 120918 actual product, he can changerepparttar 120919 packaging/ presentation, include bonuses and to some extent recreate a USP forrepparttar 120920 product. These changes are in fact necessary for an affiliate to stand any sort of a chance with marketingrepparttar 120921 product afterrepparttar 120922 initial roll out is completed.

What can be learnt from planning forrepparttar 120923 “Product Life Cycle”?

Get in early with something you believe in and stick to it; Think of a unique presentation forrepparttar 120924 product; Build a referral base; Make sure that your opportunity includes a residual income.

Follow these guidelines for selecting those opportunities that you align yourself with. It will serve you well.

To your success Richard Glanville http://www.statustron.com Publisher@statustron.com

----------------------------------------------------------------- Richard Glanville publishes Home Business Tips, a fresh and informative newsletter dedicated to supporting people like YOU! If you`re looking forrepparttar 120925 *best rated* home business opportunities,repparttar 120926 latest time saving tools and helpful support from an honest friend inrepparttar 120927 business, come by and grab a F-R-E-E subscription today at: http://www.statustron.com -----------------------------------------------------------------

Richrd Glanville is a financial and marketing consultant to major role players in both theprivate and public sectors. With professional qualifications in both engineering and accounting he has recently added online marketing to an already impressive knowledge base and after more than 9 years of successful offline consulting has recently started to focus his attention online. He can be found at http://www.statustron.com


Profitable Target Marketing: 6 Lessons from Major League Baseball

Written by Bobette Kyle


Continued from page 1

Lesson 3: Include advertisements.

Pop-ups and other online advertising are a fact of life on free-to-user sites. Major League Baseball demonstrates taste and intelligent implementation with their pop-under, limiting each visitor to a single impression. Banner advertisements and sponsorships are also apparent.

Develop Profit Pulling Marketing Techniques

Lesson 4: Segment your visitors.

The league uses a "hub and spoke" system, which allows visitors to choose their own interests. There is one general site (MLB.com), with links to several specialty sites (stlouis.cardinals.mlb.com, etc.).

This portal approach helps segment visitors into specific interest groups. It is a win-win strategy. Visitors find what they are looking for andrepparttar league can more easily target its marketing activities.

Lesson 5: Target locally.

Each "spoke" offrepparttar 120902 MLB hub contains local content, which segments visitors regionally. The league targets products and services accordingly.

For example,repparttar 120903 Cardinals team site includes detailed information for Cardinals baseball events, ticket purchasing for Busch stadium games, and auctions for St. Louis related baseball memorabilia.

Lesson 6: Offer tiered products.

MLB offers subscription services at many levels. By packaging fantasy games into progressively larger bundles, they encourage trial as well as repeat visits. The offering also target customers according to interest level and budget.

There you have it - five lessons in profitable target marketing from Major League Baseball.

Copyright 2003 Bobette Kyle. All rights reserved.

Bobette Kyle draws upon 10+ years of Marketing/Executive experience, MBA, and online marketing research in her writing.

Her book shows how to better find, target, and attract Web customers. Read about it here: http://WebSiteMarketingPlan.com/bookinfo.htm


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