Don't Re-Invent The Wheel...Improve On It
Today, instead of just reading an article, I want you to think
of this as more of a heart to heart talk from one marketer to another. I am
going to share some of my thoughts and opinions of what I see going on in the
Internet marketing community. So, forgive me if it appears that at times I am
rambling on throughout today's issue.
I know that what I am going to say is going to upset some of the
people reading this, but it needs to be said anyway. Internet Marketers "on
average" show a serious lack of understanding of basic marketing knowledge
and principles.
They are constantly looking for the new thing...or they are in a
quest for the "Holy Grail" of Web Site Traffic. Every week I hear of
the new "Traffic Generator" that is out there. I have even
participated in many of them only to come away disappointed in the results time
after time.
I can tell you how to get more traffic than you will ever need
in just a few words, "Give Away something extremely valuable to your
market." Just find out what people want...come up with a low or no cost way
of providing it...then give it to them. Then, you will have more traffic than
you know what to do with!
This next statement may even shock you more than the one
above...
"I personally have learned more about how to make money on
the Internet from Marketing Books and Videos which didn't even deal with the
Internet than from the hundreds of Internet marketing publications and products
I have studied!"
Notice that in the past few weeks or months we have been
covering a lot of business principles such as Unique Selling Positions, Joint
Ventures, Strategy Development, and more. These are weapons that have been
taught for decades...but we just have to learn how to apply them to the
internet.
Just because we have found a new marketing medium does not mean
we need to lay aside time tested business strategies for success. What Jay
Abraham, Gary Halbert, Ted Nicholas, and others have taught us throughout the
last few decades still works today.
As a matter of fact, the book "Scientific Advertising"
was written in the early part of this century by Claude Hopkins. It is a classic
on developing advertising that works no matter what medium is being used.
This "Old" Book has been credited as being a factor in
the success of some of the top marketing minds of our time. Many of which
actually claim to have read the book 34 times or more!
During the past few weeks, I have spoken with several people who
use the Internet for one purpose...Testing. Using the Internet, they can test
their products and promotion quicker and cheaper than they ever could have done
in any other format.
When it comes time to roll out though, they go to direct mail.
They have figured out a system that works for them that they know how and enjoy
using.
Even if you will never do a direct mail promotion, does that
mean that you can't learn from what the most successful direct mailers have been
teaching us about direct marketing for decades?
Instead of trying to Re-Invent the Marketing Wheel...let's
become people who actually improve on it using the leveraging abilities of the
Internet to maximize our time and effectiveness.
Below are 3 examples of business principles that are true
irregardless of whether you sell online, by direct mail, in magazines, on TV, or
just locally. After the principle, we will cover some ways you can apply these
techniques to Internet Marketing and even improve them online.
1) Unique Selling Position
Every business that wants to become successful has to have a
Unique Selling Position. There has to be something that sets them apart from
every other business in their industry. What makes your web site different from
all of the other ones out there? Is it just a copy? If you don't figure out a
way to make it better than and different from the average site out there, you
are just sinking time and money into a losing proposition.
How does the Internet give us an unfair advantage over marketers
of earlier times? It's simple. We can actually go to a search engine. Type in
keywords and see what the competition is doing! You can visit 20 different
competitors this evening and mark down in a notebook ideas to set your business
apart from all of the others out there. This could have never been done so
quickly and easily without the power of the Internet.
2) Targeting Your Market and Market Research.
The most powerful feature of the Internet is doing market
research. For free, you can visit newsgroups and message boards where your
potential customers are hanging out and actually interact with them by asking
questions, taking notes, and find out exactly what they are looking for.
The real key to copywriting is finding out what people's hot
buttons are. If you had to use the old methods of direct mail to do so, it may
have cost you ten thousand to a million dollars to find out how to write a
killer ad for your market. Now, you can spend a week or two online and get the
exact same result for Free.
3) Joint Ventures
Jay Abraham and Mike Enlow both call Joint Ventures "the
fastest, easiest way on earth to make a fortune...and if I had to choose from
one single way to make money, this is it." Yet, it isn't even mentioned in
many Internet marketing circles.
The reason though that most Internet Marketers could never apply
this technique is that they haven't done the two steps above - Develop a USP and
research their market. Both of those aspects are the building blocks to setting
yourself up as a potential joint venture partner.
During the coming weeks and months we have planned to introduce
to the Internet market information products through joint ventures which will
revolutionize the ways you think about your online business. Many of these
products may even be classics in developing real marketing strategies.
So many Internet marketers need to learn how they can make
absolutely any business successful if they use the right marketing
techniques...not just try to gamble on the new Internet traffic tool.
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