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Anyone who has a well, knows you have to "Prime the Pump" before you
get any water. In order to prime the pump, you have to give it a little water
so you can then pump out a lot. Well, the same is true in business - any business,
but especially so on the web.
Assuming you have a good product that is reasonably priced, how do you market
it to turn a profit. Some believe that if they "throw up" a web page
the world will beat a path to their door. Others follow the no cost advertising
route.
If you were walking down a dimly lit street, and someone you never met, walked
up, and offered to sell you a valuable watch for $15. What would you do? If
you're like me, you'd say, "thanks, but no thanks". Why do some people
think they can do it on the web and it will work.
In order to succeed in business on the web, you must become known, and you
are competing with some "heavy hitters", who have very deep pockets
for advertising.
The web does one thing however for the small entrepreneur - it creates a level
playing field. There are plenty of niche markets where you can advertise at
a very low cost.
Let the "heavy hitters" spend their megabucks and forget it - you
are not going to compete in their arena. While they are spending their advertising
dollars on ads that reach hundreds of thousands with a minimal return, you can
target your market and maximize yours.
How do you get known? First - throw away the free email account. Second, get
your own domain. There are companies competing with Network Solutions, and you
can register your web site for as low as $13.50 - and then get a "no frills"
web site for about six bucks a month with your own email accounts. Have we reached
the bottom of your pockets yet?
If so, you may wish to consider another line of work.
Next - find a few Ezines or Newsletters that have a decent circulation in the
market you wish to target. Remember 5,000 subscribers that are in your target
market, are far better than 100,000 that are not.
Finally, place an ad in those that match your business. Forget one time ads;
they don't work. Get your ad in their face for at least seven issues - the more
the better - they will get to know you.
If you can't afford a minimal advertising budget, you're not really in business.
That is called a hobby. Are there some free ads that work? Sure, but you can
bet your life they can't be submitted "by the thousands", so forget
the automatic submission software - you're just wasting your money.
Have you "primed the pump"? If so, you can expect to get some water.
Like any good business, if you reinvest your earnings in additional advertising,
soon your cup will overfloweth.
About the Author:
Bob publishes the free weekly "Your Business" Newsletter Visit his
Web Site at http://adv-marketing.com/business to subscribe. As a bonus, get
40,000 FREE E-Books from Larry Dotson, when you visit http://www.ldpublishing.com |