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Knowledge Is The Key To Success! 

 

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ARE YOU MARKETING IN THE PAST?

ARE YOU MARKETING IN THE PAST?

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Have You Ever Wondered Why Most Marketers Struggle Forever.. 

One of the greatest books of all time is ‘The Black Swan’ by
Nassim Nicholas Taleb.

It basically shows how stupid we humans are when making
predictions about the future.

We like to FOCUS on the past, when in reality our entire
focus should be on the possible future.

For example, if you try to make money with SEO without
taking into account the impact of social marketing…

…you are working in the past.

If you try to sell T-shirts on FB or run the next Shopify store
without social marketing knowledge…

…you are working in the past.

The biggest opportunity to make serious profits is when you
do something before the majority of people realize that.

And that’s what this is all about.

You see, most marketers today don’t focus on lead generation
and income from social marketing.

Yes, they have responsive websites and things like that.

BUT… Facebook is the undisputed traffic and audience KING
and (personally) I grab everything that can help get better
results and more income from facebook.

And that’s why this is so incredibly powerful.

Future is now

Don’t work in the past – understand the future trend. It’s here,
tap into it now.

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Click here and you will learn to leverage the future!

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What Is An Internet Marketing Strategy

What Is An Internet Marketing Strategy

How vital is it in the operation of your Internet marketing business? How will it affect your online business career? Can it increase or decrease the volume of your site’s sales?

These are some of the questions where you would want a convincing answer. Internet marketing is a huge marketplace—every aspect should be considered by every aspiring online marketer who wants to try their luck in this type of investment.

To begin with, Internet marketing is not a “pure luck” investment. Having a strategy in a certain endeavor eliminates the “luck factor” as the main driver in the success or failure of any Internet marketing business.

Internet marketing strategy is a detailed and methodical plan of action made by an entrepreneur to achieve success in his online business career. It is also considered to be a hypothesis that suggests the direction of an online business to fulfill its vision or goal and at the same time maximize the potential of the success of a business in the future. One of the advantages of an efficient internet marketing strategy is that it can enhance the entrepreneurs’ performance and help him establish good business environment in the future.

Keep in mind that the development of an efficient Internet marketing strategy is the key of your success in your online business. In order to succeed, you should create and design a strategic marketing plan that includes attractive and easy-to-navigate sites and high quality products. Each of the steps that you follow plays an essential role in your overall business strategy and must be developed to its maximum potential. If any of the steps will fail to fulfill its purpose, there is a slim chance of success for your online business.

Aside from the inclusion of well-established websites and products, you must treat your Internet marketing strategy as the final process of your automated business plan. It must include both short-term and long-term marketing strategies for you to succeed.

** Your short-term Internet marketing strategy includes things that will temporarily help your online business get a sudden boost of traffic. Though these strategies are essential to your overall marketing plan, these are just temporary traffic source and must not be heavily depended on. This may include short-term advertising goals, bulletin boards, and others.

** Your long-term strategy will provide you consistent stream of targeted traffic over time. Such strategy is expected to produce results through coming years. This may include content management, opt-in lists, and freebies.

In the creation and implementation of an efficient Internet marketing strategy, you must consider several things such as the following:

** Developing a high quality product must be an integral part of your marketing strategy. It includes making your products unique and should not invite competition with hundreds or thousands of other online businesses offering similar product. You must provide your clients exactly what they are looking for, which is a product that is needed and at the same time provide instant gratification.

** Formulating your marketing strategy has also something to do with your website. Your website must possess professional design, keyword-rich and interesting content, and several graphics and images. You must explain your products and at the same time convince your potential customers to purchase the product because they need it. The site content itself must persuade an individual to buy your product. To convince your readers and potential clients to make purchases on your site, make use of attractive headlines that catch their interests and build curiosity.

The creation and implementation of Internet marketing strategy is not as simple as some may think. It will undergo extensive researches and some series of test runs to determine if the strategy blends well with your system or not. If you found out that the strategy is not working on your advantage, change it. On the other hand, if it blends well to your online business system, then stay using it and further maximize its potential of giving success to your online marketing career.

If strategy is important to the military and to the financial community, then it is essential to your Internet marketing business. Do not start without any strategy at all or else—it is game over for your online marketing career.

Doing Research On Marketing

Research on marketing is essential to understand the pattern of marketing. This is possible by searching existing knowledge related to business marketing. It is a form of business research, business-to-business marketing research and business marketing research. Marketing research is done in many forms and all these forms are known as problem-identification research.

Research in advertising is done to determine the copy testing of advertisements. It is also used to know the efficiency of ads placed in any medium, the customer attention it gets, the message it delivers and how it motivates the customers to buy the product. Commercial eye tracking is done to understand the visual behavior of the customer. Ads, websites, etc., are analyzed for this. Before an advertisement is released in the market, its performance can be forecasted with the help of copy testing which takes consumer’s level of attention, motivation, brand liking, and entertainment into consideration.

When a customer buys something online he analyses it in order to make the decision, this one of the criteria on which consumer decision research is done. Interviews and surveys can be done to understand consumer’s level of satisfaction, which is known as customer satisfaction studies. The demographic and psychology of the people of a particular geographical region can be studied with the help of segmentation research.

When analyzing is to be done about brand recognition, brand performance, brand preference and awareness, ad tracking is done. A favorite brand can be recognized with the help of brand equity research. Tests are conducted so as to determine what customer thinks about a brand or a product and it is specifically known as brand name testing. The demand of a product can be understood by demand estimation. After the demand of the product is taken care of, the quality should be checked from time to time. Appointing mystery shoppers who is usually an employee of the market research firm does this. He buys goods through a salesperson and notes down the whole experience. This procedure can be used to do research about rival companies’ products.

Before practical application of a concept, concept testing should be done which tells whether the targeted audience will like the idea or not. Test marketing is done by introducing a product in small numbers in the market and observing the sales, after which the product is launched on a large-scale. After the initial phase, when the company thinks of increasing the price of the product, price elasticity testing should be carried out which shows customer reaction to price fluctuations. Distribution channel audits are conducted to understand the attitudes of retailers and distributors towards specific products and brands.

The more tech savvy form of marketing research is Internet strategic intelligence. The likes and dislikes of the customers can be directly known with the help of chats, blogs and forums. Online panels are a group of experts who accept the marketing research done online.

All the researches that are carried out can be classified as primary research, which gathers original research, and secondary research, which is based on a primary research and information published by other resources. Secondary research costs less as research is done on already researched data, but the result isn’t efficient.

The research designs used by marketing research are either based on questioning or are based on observations. Quantitative marketing research and qualitative marketing research are based on questioning. Quantitative marketing research is done to derive conclusions like questionnaires forms and survey. The number of respondents involved is high. Qualitative marketing research is done to understand something like in-depth interviews and projective techniques.

Marketing research based on observations is called experimental technique and ethnographic studies. Test markets and purchase laboratories are examples of experimental techniques. The quantity measured is determined by understanding the factors that are responsible for the success of a product and then one or some of the factors are changed and the result is observed. In ethnographic studies observations are done longitudinally or done at several instances of time or cross-sectional, or done at only a particular time.

Research on marketing is similar to exit polling in politics. The market is studied from different angles, at different time, and under different circumstances.