Showing posts with label Internet marketing. Show all posts
Showing posts with label Internet marketing. Show all posts

Thursday, May 29, 2008

Designing the Best Website for Your Home Business

There is a lot of information about how to build a good business website out there. There are a lot of tips and tricks on how to build a website without needing a programmer or hiring a professional. All of these technical tips and little pieces of advice often overlook the big picture and end up making the home business owner micromanage the small details. While this is nice and will actually be good for the business it is not the only advice a person needs to hear in order to build a good business website.


There are three key points to building a good business website. These three points can easily be lost in the technical aspect of building a website. They are very important, though, to the user. When building a website, keeping the user in mind is important, especially when building a business website where the user is key to success.


The three points are as follows:


Point #1 - Make it easy to use.


A website should be easy to use. A visitor should be able to navigate the site without hassle. This means they do not need to be bombarded with pop up ads or have to search for anything. Everything needs to right there for them and they should be able to easily see how shopping and checking out works.


Point #2 - It should be informative.


Online users are now used to websites that are informative and actually offer them something. Most people will simply leave a website if they can not get information from it. A website needs a section with a blog or articles that allow the user to get useful information. Such section will also help with search engine rankings and getting more potential customers to your site.


Point #3 - It should be clear and simple.


This goes along with being easy to use. A website should not be cluttered or difficult to figure out. People are not going to work to get to anything on a website. If they can not figure it out then they will leave. Menus should be clear and every aspect of the shopping experience should be clear.


In order to ensure a website meets these three points a business owner should try it out before going live. They should go through the website and make sure it is not confusing or there is too much on any page. It is also a good idea to put up a survey that allows visitors to say what they do and do not like about the site.


Making sure these three points are covered will really help to make a website a success. It can be a big boost for a home business, as well. People want a good experience and a good experience includes a website that is easy to use, informative and clear. This is all something that can be worked into the final steps of building a website. Once the technical things are handled the focus can shift to making it user friendly and making it a website that people are going to want to visit.

Thursday, May 22, 2008

Why Internet Marketing Is Big & Why it's Getting Bigger

There are a number of different reasons as to why internet marketing is a fantastic thing, but there is really only one reason as to why it has become so big in the last couple of years. More and more people are starting to buy their goods online. In the days of the dot com boom that happened in the late 1990s, the reason for the boom was not that people were buying stuff online, but it had more to do with the idea of informational exchange had gotten to a level never seen before and that increased traffic and therefore increased the amount of money that was put into the internet.

Nowadays however, the dot com boom round two is quite a bit healthier because rather than the creation of a gigantic bubble that is really not based on anything more than high demand and low supply, both the supply and demand sides of the equation are at an all time high. Not only are people purchasing things off the internet, but they are looking for information on the internet and they are looking for a way to make their living in some cases off the internet. All of this results in a much higher daily use average on the part of a person in a country with internet infrastructure developed and that ultimately means that internet marketing is becoming bigger and bigger everyday as people are getting the chance through internet marketing to reach larger and larger audiences all of the time.

However, while this is the one and only reason for the initial boom in internet marketing, there have been other reasons to come along in the interim to increase the importance of internet marketing to the average online businessperson. One of the ways in which this has been seen has to do with the spending rates that companies can use in order to get results online. These rates are a fraction of what they would be in the offline world as with so much choice in advertising, a person technically does not even have to pay anything if they do not want to and advertise for free using a number of different methods. Both the overall and per capita rates of advertising online are cheaper than offline and this is allowing a number of businesses into the game that previously did not have the ability to compete.

Finally, the prospects of the future for internet marketing is another thing driving its constant increase as the prospects are looking a lot better than they did during the first dot com boom. The future is bright because of the increasing numbers of people using the internet every day and it is bright because of the fact that more and more companies are getting involved. With both supply and demand growing with each passing day, the second dot com boom has a much healthier economy and that news in and of itself is enough to spur more investment into internet marketing.

Wednesday, May 7, 2008

Understanding Marketing vs. Advertising

A McDonald's restaurant in Times Square.Image via Wikipedia

Many business owners get confused over two of the most common terms used, whether online or offline, and those are advertising and marketing. Essentially, the terms can be simplified with advertising referring to a particular product or service for a specified period of time and marketing is establishing the company's name and reputation. Although completely different in their theories, no businesses can survive without having a viable plan for both.


Advertising essentially is charged with having a product or service and creating a need or a perceived desire of the consumer to buy it. The advertising message is designed to create awareness that the product exists, how it will be of value to the consumer or make their lives easier because they have it and explain why they should buy it immediately. Many of today's advertisers, even internet advertisers use the four Ps of advertising of stating how the product benefits consumers, giving the price that reflects a great value for their money, informs the consumer of all the places they can find the product and promote the product for repeat or additional sales.


One of the downfalls of internet marketing has been the approach of marketing based on the company's objectives while ignoring the needs of the consumer and not taking profit into account. Many of the online marketers place their focus on recruitment of new distributors of a product or service and have no idea whether or not there is a need for the product. They also tend to take a shotgun approach to their marketing efforts, hoping at least one of several hundred shots will hit the target.


A pure marketing plan will anticipate the needs of the consumer and make information about the product available to the consumer before they realize they need it and want it. Planting this seed of desire can also help establish a higher price of the item and consumers are always willing to pay a premium price for something they believe they cannot do without.


While the principal of supply and demand has long been used to calculate prices on many products or services, it does not perform as well on internet service-based businesses. While supply and demand usually work together in creating market value, supply can influence demand causing an upward spiral in prices which can eventually lead to a lower level of demand.


In recent years, many electronic game companies have rigidly enforced the quantity of their products being produced or distributed, all the time using advertising to promote a perceived need for the product. While controlling the supply and advertising to increase demand, the price will drift higher in an open market.


To better define the difference, think about a favorite fast-food restaurant and if the first thing that comes to mind is one particular food item they sell, then advertising has done its job. If the first thing that comes to mind is the company's logo or a physical trait of their buildings, then marketing has won the battle.

Tuesday, April 29, 2008

Why Internet Marketing Opportunities Can Be Fun & Fulfilling

Picture containg some of the worlds best known brands.Image via Wikipedia

Many business operators know the importance of marketing and the role it plays in helping grow a business. While some may consider marketing a necessary evil in business operations and expense, internet marketing can fill many of the gaps created by advertising and offer many exciting rewards. If whatever you are doing to earn a living isn't any fun, then it is just a job. Being creative and having a ball can turn that job into an exciting career.


Too many people confuse the terms advertising and marketing and believe that marketing is an expense they can eliminate. Consider how much business might be lost with a reduction in advertising, as customers move to another business. Then consider how much business may be lost if another brand makes a bigger splash than your own.


The key difference is that advertising is for a specific product or group of products usually offered for a brief time. Marketing is an attempt to create brand awareness and sell the company. It is also an ongoing effort and many companies find that marketing will offer more long-term gains not typically seen with advertising and that is what makes it fun and more fulfilling to a company.


Since the internet began to grow, internet marketing has taken on a whole new approach to building a brand. It is not about placing advertising on high traffic sites, rather it is about getting the story about the company out to the public and the many different methods available in doing this makes it fun. With a newspaper or even broadcast ads, there is a time limit or space constriction about the amount of information a company can make available at any one time.


Most consumers do not mind if a few moments of their time is taken up while a company tells its story. But more lengthy stories they want to hear or see on their own time, when it is convenient for them. With the use of web logs, or blogs, as well as the use of videos inside web sites, a customer can learn all they care to about a company at their convenience. It can also be a lot of fun to put together a video to tell a company's story that presents the message in a fun way.


It can also be fulfilling in knowing the message is not restricted to any borders and that the message is being received in locations that many people may have never heard of before they started getting feedback from other countries. One of the amazing things about internet marketing is the translation capabilities. No longer does a company have to worry about telling their story in two or three dozen different languages. There are many computer programs that can make accurate translations instantly.


The wider audience, the longer and more informative messages as well as the various types of media available for internet marketing makes it a fun field to work in as well as a fun filled method of telling the company's story.