Thursday, July 15, 2010

Marketing the Right Products or Services Online!

The question is often ask, "What can I sell online and make money?" There are literally thousands if not millions of business opportunities that maintain a strong presence on the internet. Some of these companies are privately owned and are considered small business by most standards. There are other companies that we all recognize their name or their brand because we see their advertisements on TV, hear their ads on the radio and clip coupons from the Sunday paper for discount coupons for some of their promotions.

According to most marketing experts, you should possibly look for a niche market to start your first online business. Others recommend participating in multiple affiliate programs. The recommendations are as vast as the industry itself. As an individual you must look for something that fits your style and that you're comfortable with if you're going to become a successful online marketer.

Once you decided what niche market you want to pursue as a business, then comes the fun part. Learning as much as you can about a particular product or service is imperative. You must become an expert in your field and know you're product like the back of your hand. Laser focus your thought process to cover even the smallest details that someone may question in the future. Be able to live, eat and sleep information about your product or service.

If you are going to pursue a well known product you may have to work even a bit harder than normal. Competition is brutal when you're trying to market a popular product. Try to find a less popular product and learn everything about your product, your competition and try to find a vendor who is willing to work with you on a fair wholesale pricing structure, question their drop shipping availability and pay close attention to the support any company you deal with can provide.

Once you've established the niche market you want to promote online, finalized your purchasing needs, established your banking connections, now you're ready to face the challenges of promoting your business opportunity.

Building a nice looking website and putting it online is merely the first step in marketing your product. You must be aware of what the search engines require to meet their algorithms for submissions and page rankings. There are varied opinions by some "so called" experts who know how to build a website with all the fancy flash, scrolling text, pictures and videos; however, they don't have a clue about how to market online. This doesn't mean their stupid; they are just uninformed about marketing in general. Seek the advice of a marketing professional if you're in question of any of the comments in these writings.

Early on in this venture, it may be to your advantage to find a search engine optimization specialist and let them get you started in the right direction before you waste a lot of time and money on worthless junk marketing programs that are built around smoke and mirrors and have nothing to do with good marketing procedures. Trying to hype your product will kill any possibilities of success on any product or service you're trying to promote.

A couple of things to consider here would be…is your product popular and in demand and if so what percentage of the market can you realistically expect to capture. If the percentages are low then you may want to consider another product or service. If you decide on the low percentage product then you may have to consider promoting multiple products in order to make enough money to survive. Even though you're up against less competition with products that are not as well known, sometimes a specialized niche product just might not be the right one to promote especially if you're just starting your online business. This is going to require a lot of research and hard choices to get it exactly right, however, with commitment, and persistence you can overcome some huge road blocks.

With niche products and services you will automatically get some visitors and many of these visitors will become loyal followers. The more relevant quality keyword rich information you provide the more your users will learn to trust you and become avid followers of your business opportunity. Once you penetrate the niche market you will see tons of referrals that could well become your next group of paying customers.

Trends change often in this digital world and what may be popular as today's hot item may fast become obsolete by this time next week. If you're going to be marketing any kind of electronics make sure you keep up with the latest models or you'll be stuck with a lot of obsolete inventory that can evolve into next Christmas's gifts to your family and loved ones.

It is recommended that you do a lot of research and become educated on two or three different possibilities that you may eventually be interested in marketing. That way if one of these niche markets suddenly falls then you already have another direction you can pursue. Any time you spend doing this type of research is time well spent and could possibly save you tons of time in the future.

If you need some help in getting started on this incredible journey called the internet, then feel free to contact any of our eBiz Solutions Team and let them assist you in your marketing challenges. Call today for your free 30 minute "no obligation" consultation.

"Let's Build Your Business Together"

Larry L Miller SEM/SEO Consulting

Private Line: 321-594-4405
Skype: larrylmiller121

The Most Powerful Link on the Internet!

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