Question. What three steps can I take immediately to make money in my on-line business in less than a month?

By The StreetSmart Marketer at 2:12 pm on February 16, 2007 | No comments

I got this short and to the point e-mail this morning. It came from a recent subscriber to my newsletter http://www.streetsmartmarketer.com/.  I don’t know what this person sells, but I believe it’s a more interesting question to address at a general level than at a specific level.

Here’s how I responded.

If you want to make money, the very first question you need to answer is what are you giving people in return for their money? If you are not offering people something they value and want, nothing else matters.

Once you have something of value for the hungry crowd, then here’s what I’d do:

1. Start collecting e-mail addresses and offer some valuable free information in return.

2. Build a relationship with the people who give you their e-mail addresses. You can do this through a newsletter that is not simply a promotion of your business, but continues to provide the subscriber with useful information.

3. Include occasional advertisements for your great product either with the newsletter, or send them separately to subscribers between issues. The key is a great product or service that people want. To get them to buy all you have got to do is create trust.

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Marketing Myth

By The StreetSmart Marketer at 3:21 pm on November 21, 2006 | No comments
Marketing Myth: Many of the people promoting their marketing services on the web try to make us believe that their brand of marketing works instantly.  

Truth: While it is true that certain promotions like great limited-time offers, free samples and special sales promotions work instantly, great marketing has to be so much more than this.

Sales and limited time offers certainly attract customers, but they tend to attract price shoppers who are not loyal over the long term.

Effective marketing starts with understanding who your ideal prospects are and what their pain is and then creating desire for your products and services. By all means include samples, special sales and special offers as part of your mix. But remember a marketing strategy built on only these principles usually leads to oblivion.

Take a look at our most trusted and respected brands. Without exception most took a long time to establish themselves. Look at Starbucks, AT&T, Coca Cola and McDonalds. Almost none of their marketing was designed for instant results. In most cases it has worked for decades and still does.

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