Tuesday, February 6, 2007

Profitable Online Marketing!

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Profitable Online Marketing!

When you boil it right down, there are really only three things
that you need to do exceedingly well to market your business
effectively online, and you should think of all three
simultaneously with each new advertising campaign you entertain.

And they are,

Obtaining an Opportunity to Sell – Lead generation, driving
traffic to your web site.

Closing the Sale – The sales presentation, online sales copy &
order page etc., to close the sale.

Following Up on Your Maybes – Follow up call, opt-in email,
offline newsletter, mailing list etc. Think of your market as an
orchard, with some ripe & ready plums, and many more green ones.
Pick the ripe ones yes, but be sure to irrigate & fertilize the
soil, prune & bug spray the trees with care, and nurture the
fruit along.

Mastering all three of these activities is critically important
to the profitability of your advertising campaigns, and online
marketing in general.

But when you’re starting a new venture, which one do you master
first?

In my experience, the overwhelming tendency is to start at the
beginning. That is, spending maximum time & effort attracting
traffic.

Unfortunately, this all to common approach often results in
failure.

Frequently, those that go this route never really get off the
ground, because they can’t turn a profit. They invariably
discover, after spending boatloads of cash, that some of the
estimates they made in their online marketing business plan were
off the mark.

Speaking of getting off the ground, allow me relate a story to
illustrate my point.

I’m betting you all know the story of Orville & Wilbur Wright.
They went down in history as the first human beings to really
fly. But how many people remember Dr. Samuel Pierpont Langley?

In 1896 the Wright Brothers, and Langley were engaged in a fierce
competition.

Who would be first to conquer the skies?

Langley, a distinguished scholar and secretary of the Smithsonian
institute was the clear favorite. He had already achieved
impressive unmanned flight over the Potomac River with his steam
powered Aerodrome No. 6.

Based on this success, Langley was able to raise $100,000 in
funding, and set out to develop an extraordinary radial-cylinder
internal combustion engine that would produce an astonishing 52
horsepower. In his estimation, capable of powering an aerodrome
large enough for manned flight.

The Wright Brothers, by contrast were convinced that the secret
to success lay in their ability to control the aircraft, once in
flight. They therefore spent their time experimenting with
gliders over the forgiving sands of Kitty Hawk.

For several seasons they worked on manipulating the wings, nose,
and tail of the aircraft, so as to allow the operator to actively
control it.

Wilbur, who most often piloted, suffered a multitude of minor
cuts and bruises. But on each successive trial, much was learnt.

On October 7, 1903, it looked like the Wright’s had lost, as
Langley made ready his first manned launch. Langley’s plane would
go from a dead stop to the 60 m.p.h. flying speed in only 70
feet.

But the stress of the catapult launch proved greater than the
flimsy wood-and-fabric airplane could stand, and the front wing
was badly damaged on take off.

The nose heavy Aerodrome “A” then plunged into the Potomac.

A reporter who witnessed the event claimed it flew "like a
handful of mortar”.

Things went even worse during the second launch of December 9,
1903, where the rear wing and tail completely collapsed during
launch.

Langley had succeeded in burning through almost all of his
$100,000 in capital.

Just 8 days after Langley’s spectacular failure, a sturdy, well
designed craft, powered by a tiny 8 horse power engine, costing
about $1,000, struggled into the air at Kitty Hawk, defining for
all time the moment when humankind, mastered the skies.

Langley died in 1906 after a series of strokes, a broken and
disappointed man.

“What on Earth Does Flying Wooden Airplanes Have to Do With
Marketing My Business?”

The moral of the story is this.

Test, test, and retest your prime online marketing value
proposition to be sure it converts customers, BEFORE committing
yourself to major capital outlays, and the start of your
advertising campaign.

Will your site, or sales presentation, or direct mail piece
convert a high enough percentage of prospects into customers to
make that advertising campaign profitable?

Like the Wright brothers, who focused on control, versus brute
force, you will dramatically improve your chances of online
marketing success, if you make the development of a persuasive, &
compelling closing pitch, your number 1 priority.

TESTED, to bring home the bacon! Don’t even consider launching
your production advertising campaigns until this is done.

And then, BRING ON THE TRAFFIC!

It’s all about your ability to control, influence and motivate
the minds of your prospects, once you’ve attracted them to your
website. Just the way the Wright brothers were able to manipulate
the wings, rudder, and nose of the aircraft.

Brought to you by,
James Shellaberger
http://www.nichemoneymachine.com
http://www.topglobalrecipes.com

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