One of the more important items of a business is the plan - the framework and guiding milestones you plan to reach by such and such a date, as well as the financing behind such an endeavor. Marketing is the main way that you will find new customers, and it is also your face to the world. For these reasons, it is very important to the overall success of your business.
1. Marketing
It might sound silly, but its good to get the core of your marketing plan written down, just so people can see what the rest of your plan is aiming at. Keeping your strategy in mind can also be good when you receive offers to place ads here, there and everywhere, you can ask yourself whether it really fits in with your overall strategy. There are many different places to market your business including both offline and online opportunities. Online marketing options include:
-Buying banner space on a website
-Buying a link on a website
-Pay per click advertising
-Pay per impression advertising
-Natural search engine optimization
-Write press releases about your business
-Write articles about your business
In order to market successfully online, your business will need an online presence. Don't get scared off! Putting up your own website is not as difficult as you might think. There are many companies who will build a site for you for a reasonable cost if you're not technical, or don't have any interest in learning html. But the extra business that will come from having an online presence will be more than worth it.
2. Know The Competition
The biggest thorn in the side of a small business is the much bigger competition. No matter how successful you might think you are, a relentless competitor can quickly turn the tide against you. Keep a list of everyone you consider to be a competitor and follow with a plan to differentiate yourself from them. This could be through advertising or your company logo, or from the method that you deliver your goods or services.
3. Prices
If you like, you can include in the marketing plan a list of all the price policies that you plan on having over the next year. Promotions should be well played in advance. Having something up your sleeve in case of serious competition is also a good idea. If your competitor is about to announce something, make sure you have something to announce at the same time also - you don't want your competitor to be able to have the headlines all to themselves.
Developing A Marketing Strategy
Have you ever needed to promote a product online? It was really easy five years ago, but today you will deal with great number of competitors, SEO optimizations, internet marketing professionals, etc. Is there a chance to will search engines battle, if you have low resources? The answer is - YES! You can win if you will not try to fight large companies and competitors with almost unlimited resources. You chance is to win in a very tight segment of market, people can this segment "niche".
Why it is important to dominate in niche, not in the whole market? Because it is easier and cheaper, if you will be able to dominate in a certain niche, you will have a base for the future market attacks, more over you will be able to generate revenue fast, right after business start-up, as your goals will be to fight a very tight niche, not the whole market.
Let's focus on dominating niche market in Internet. Fighting for a niche in internet means fighting for certain keywords, that describe this niche. How many keywords are there? Depends on niche, market and your product. Topically the niche starts with 5 keywords, it might have up to 50 keywords, but if you have more, you should consider if you are dealing with niche or bigger market segment?
Also, niche is something where you don't face much competition. Sure, there must exists some bigger market players, who might be interested in the niche, but the niche must be too small for them to fight.
So how to dominate a certain web niche? First, it is important to find out what your niche is. It is necessary to determine keywords that describe your niche, and keywords that don't describe your niche. There are a number of ways you can do this, for instance, you can research niches using Google Adwords account, you need to find a ads with highest CRT and conversions rate. You don't need to fight for keywords that gives you a maximum impressions. These keywords are what your larger competitors are fighting for. Pay attention to keywords that generate you a lot of clicks. Google takes into account your ads, relevance of your page, so these very keywords might be your niche.
How to fight for a niche online? There are a number of methods, but please, understand, that what worked yesterday will not work tomorrow. The general recommendation is having more unique content on your web-site and getting more inbound links. How to get more backlist to your web-site? There are a number of methods that work - you might try article marketing, link exchange and buying, paid reviews, but remember, that everything you do must be relevant to your niche and your keywords.
I do personally like article marketing, because in this case you can achieve several goals, e.g. get a unique content for your web-site, provide our people with important information about your product and tell them about your expertise in this very niche. It works fine and you will be getting a better revenue soon.
Finally, the most important step in your web niche marketing strategy. Pay a great attention to results you have in terms of search engine positions, conversion rate, sales volume. Pay attention to key performance indicators of your on-line niche marketing campaign and you will achieve great results!
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