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Anatomy of a Wealth Producing Internet Strategy
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Remi Engels
rengelslearn-it-on-line.com
The_Newbie Guide!
http://www.learn-it-on-line.com
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Anatomy of a Wealth Producing Internet Strategy
by Dr. Remi Engels
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There really is a simple strategy to extract wealth from the
Internet. And here it is:
- Find an attractive product.
- Design a killer mini website.
- Devise a devastating marketing campaign.
Successfully executing (i.e., producing sales) this waltz,
however, is easier said than done.
Here are a few thoughts on the subject:
1. The Product
Ideally, the product should be your own, be original, and
solve a common problem.
If the product is your own, you'll generate lots of
credibility and better yet, you won't have to share
the profits.
If your product is original you'll have very little
competition and therefore a much easier sell.
And finally, if the product solves a common problem
or satisfies a widely held desire, you'll be assured of
a sizable potential customer base.
So, have those "little gray cells" do some overtime.
Take stock of your special skills and knowledge. Do your
homework, i.e., do some content and market research
to find out what people want or are interested in. Then,
see if you can't transform some of your findings into a
run-away bestseller.
You can write an e-book, program a piece of software,
or maybe develop a useful service or private site. But,
whatever you do, make sure it's a quality product
presented in a professional manner and, also, that it
over-delivers on its promises.
On the other hand, if you really do not want to
develop your own product, consider selling someone
else's product. That is, become an affiliate. You can
find hundreds of great affiliate programs here:
http://www.associateprograms.com/
If you want to sell name brand products, you can find
hundreds of offers by serious drop shippers here:
http://www.electronicdartshop.com/dropshipsource.html
These companies give you their products to sell and
will ship them to your customers.
2. The Website
Once you have the product of the century, it's time to
sell it. That means, first of all, designing a website
specifically for your product.
The website has one and only one purpose: get the visitor
to open his or her wallet and click the "order here" button.
On the Internet words sell. Pictures do not. So, don't
bother with graphics. Also, make sure your site loads fast.
This leaves you with the writing of a dynamite sales letter.
How to do this effectively is the topic of many an article
and even entire books.
Suffice it to say that every sentence should be designed
to advance your purpose, i.e., lead your visitor to the
order page. Also,
- Give your visitor your full attention and respect.
- Be sympathetic with your visitor's problem.
- Clearly explain how your product can solve that problem.
- Emphasize the benefits of your product.
- Be as persuasive as you can be.
- Make your ordering procedure easy and automatic.
- Give your customer immediate access to the product.
- Search engine optimize your site as much as you can.
- Always place your attention grabbing copy above the
fold of your web page, i.e., that part of your page
your visitor sees without having to scroll.
3. The Marketing Strategy
The third step in the waltz is the implementation of
temporary and near-permanent marketing strategies.
Temporary strategies result in one-time traffic bursts.
Examples are: E-zine advertising, search engines
submissions, e-mail campaigns, and press releases.
Taken together, temporary strategies often consume
a lot of resources. So keep them in check.
Near-permanent strategies are those that require a
one-time implementation but very little maintenance.
These viral marketing techniques yield traffic for a
very long time. They include affiliate programs, signature
files, free content, and newsletters.
A well-balanced targeted mix of these two strategies
should attract a healthy number of visitors to your site.
Then, armed with your desirable product and killer sales
copy, you should be able to transform a substantial
number of those visitors into actual customers.
This triple pronged approach when implemented in
combination with a sensible test program and an
accurate ad tracking procedure makes your success
almost unavoidable.
What we're saying here is that this approach has been
proven to work over and over again by many different
people.
Therefore, if it does not work for you, you need to
reexamine and retest your implementation. Check your
website (sales copy, headlines, layout, etc.), the
product (demand, size of market, etc.), and your
marketing strategies (place you advertise, ad copy,
targeting, etc.). As always, the devil is in the details.
Good luck!
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Dr. Remi Engels is the editor of The_Newbie Guide! as well as
The Promotional Soundbite. To subscribe send blank e-mail to:
tnglearn-it-on-line.com and/or pslearn-it-on-line.com
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Copyright © 2002 Remi Engels, Ph.D.
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