Common Mistakes to Avoid When Marketing Your Business

Written by Karen E. Hipp


Common Mistakes to Avoid When Marketing Your Business

If you knew what not to do when considering marketing choices for your business, just think how much money and energy you would save! Put these helpful tips in your marketing toolbox and pry it open before you make any costly decisions!

1. Putting all of your eggs in one basket

Could be very costly. If you bank of success with one thing and one thing only to promote your business, you won't begin to realizerepparttar return on your investment. Keep in mind that marketing is an integrated process. That means that it must consist of a variety of strategies to be successful. By diversifying your efforts, you will increaserepparttar 121357 reach of your message and stretch your marketing dollars.

2. Shooting inrepparttar 121358 Dark

You don't have a target. You're just hoping something will stick. If you find that you are throwing yourself at every marketing opportunity coming your way, step back and realize that's it's better to have a plan. Set your objectives first. What goals do you want to accomplish in what time period? Define your target market. Set your budget forrepparttar 121359 next 6 to 12 months. When you have a plan, there is no reason for "crises marketing." This eliminates advertising rush charges and prevents you from straying to far from your plan.

3. Having a Rigid Marketing Plan

This means an earthquake couldn't get you to change your mind! Remember that marketing plans must be flexible. You must always be adjustable to marketing conditions, new opportunities and other factors. Your marketing plan should be re-evaluated at least every quarter. This doesn't mean that you need to add more money to your budget. If a great opportunity comes along, eliminate one piece of your plan and moverepparttar 121360 money to your new idea. I always find it helpful to include a "contingency" line item in my plans. This is kind of like "emergency" funds.

4. If it Ain't Broke, Don't Fix it

If your advertising and direct mail is producing results for you, don't change it just to try something different! Once you see that your returns are slowing down, then look at changing your ad of your message or your offer. Just remember with every new thing you want to try, test it first. Don't sign long-term ad contracts or send out 5,000 direct mail pieces. Send 250 and look for a 3-5% return. If you don't get that, change your message or offer or re-evaluate your list or target market.

Why Your Website's Sales Are NOT Where You Want Them to Be

Written by Raynay Valles


You have a good product at a good price. You know people want it. Why aren't you selling more?

Today your website sells x number of your products. How do you get it to sell twice as many, ten times as many, or more?

There is a simple reason holding you back. While many website owners don't know why sales are low, you may already, in your heart, know why.

To illustrate whatrepparttar reason is, let me give you two website marketing scenarios. See if you pinpointrepparttar 121356 problem.

SCENARIO 1 Imagine your website sells 20 inexpensively-priced widgets every day. Your present customers are delighted with it. You want to build sales. What should you do to sell more?

Pause for a second and give your answer. Play along. It's fun and informative.

Most people would say, "Advertise more." or "Get more traffic." At first, this seems logical, but there is critical data missing.

What is that data? An essential question you need to ask is, How many unique visitors come torepparttar 121357 website each day?

It makes a difference if it's 200 or 20000 unique visitors coming to your website each day. If you find you are getting 200 visitors a day and 20 sales, that's great. Get more visitors.

But, what if you found you ALREADY have plenty of traffic? What if you found you are already getting 20000 visitors a day? If this wererepparttar 121358 case, you'd probably want to find out whatrepparttar 121359 site was doing, or NOT doing, that is sending 19980 people away without buying every day.

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