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Learning Center
Articles
on Internet Advertising, Marketing and Consulting
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| 1. |
Looking for Internet
Advertising? |
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Many smaller businesses may know it exists, but have
no clue how to do it. There is hope!
Internet Advertising is just like advertising on
TV or radio in that it conveys a message about a service
or product to the general public or to a targeted
market niche. Finding the right form of internet advertising
for your business may require looking at your profit
potential and your overall marketing budget first
to understand what you can pay each month and what
the Return On your Investment will be (ROI).
Most startups immediately go to Pay Per Click programs
such as AdWords, which has become a very popular and
ubiquitous advertising method. AdWords employs text
ads, which are treated as artificial search results
in a standard Google search for keywords. The highlight
results at the top and listed at the far right of
the Google search engine results pages are paid Google
results, that is, AdWords.
AdWords cost a varying price per keyword per click.
Though you can measure the click and where it goes,
you cannot generally recoup your costs if no sales
accrue, and there lie the biggest problem with Pay
Per Click. Other forms of advertising using the Per
Per Action model (Pay Per Call, Pay Per Chat, etc.)
have begun to take root as a backlash to this downfall
of AdWords. Click fraud, another specter on the horizon
of AdWords, contributes to many estimates as more
then 50% of the average click for AdWords campaigns
in the more competitive industries. With this in mind,
one must weigh the costs of AdWords and decide it
the probable ROI outweighs such risks.
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| 2. |
Can an Online Marketing Agency
Help Your Business? |
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Online, one would be hard-pressed to do it yourself.
Unlike a local pizza chain just getting started, you
can't just get a phonebook listing and do a direct
mail and newspaper ads campaign and expect to grow
a following. Online marketing, or web marketing, or
internet marketing, involves such needs as email (the
virtual direct mail) campaigns, as well as networking
and sponsorships, search engine optimization, and
affiliate sales programs. Most sites selling a mass
distributed product need all of these to actually
maximize profits. Reliance on just one or two of these
methods will not see as much profit in the long run
as using all will.
Saturation of the internet with your product can
substantially increase your rate of monthly sales
over time. Other factors such as traffic coming in
are actually a product of networking and search engine
optimization, as well as the pay per ads and clicks.
It's generally best to ensure you have organic search
results traffic coming in to offset the long-term
cost of pay per click, sponsorships and email campaigns.
The ideal situation for any site selling a product
or easily distributed service subscription is to invest
in search engine optimization on a monthly basis,
building organic relevance on your top keywords over
time, as well as submitting the site to directories
and other sites that can then link to your site in
relation to your keywords. Without this component,
a site owner may not be able to sell the business
for a substantial profit later on. Much of the value
in a website actually comes form the organic traffic
streaming through.
Direct mail (email in our case) requires lists of
likely customers. With the Can Spam act recently enacted,
anyone can spam anyone, so long as the name and physical
address of the spammer is attached at the bottom of
the email. This said, however, one should ensure that
the list used to email from on each campaign is filled
only with previous buyers of such services or related
services. These email addresses should reflect likely
buyers of what you sell. If they do not, you are wasting
money including them in the list. Purchasing a list
is often the route business owners go. The lists purchased
should thus be opt-in only. Again, this is in reality
for the benefit of the spammer, not the receiver of
the spam.
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| 3. |
The Consulting Agency: 101 |
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Why is it some do big volume and some hardly any?
It usually depends on the outfit, the staff, and the
intentions of the agency owner(s) and their availability
for the business. Most agencies have hands that do
more than one consulting or related gig ongoing. For
this reason, agencies often limit their time to the
clients most likely to pay off in the short run. Many
take a longer view, but the general wisdom in many
such agencies is that the average client has a short
life expectancy as a client. Dissatisfaction or the
pursuit of more profitable ways to do promotions often
land a client in one agency's lap after another.
Thus is the life of an agency. How do we get clients?
How do we keep the ones with high revenue potential?
How do we spot the low revenue clients and toss them
out and move on? These questions are usually the purview
of someone at the top of the agency, but are also
played out on the individual level of the consultant,
as well.
Ad and marketing agencies tend to seek out big clients
to offset the short-term nature of many of their clients.
Ultimately, the equation of effort vs. revenue potential
is and should be the chief measure of a prospective
client. In the end, those who consistently bring their
business to an agency and have low maintenance as
their trademark will tend to become long-term clients.
These loyal clients make up the foundation income
of any agency and at least allow projections into
the future with some small bit of accuracy in an otherwise
often specious industry.
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| 4. |
Media Buying for Entrepreneurs |
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How do you decide what to buy and when? Many do not
find the right medium for their message until late
in the game, if at all. Understanding what you can
manipulate to your advantage what to steer clear of
makes all the difference.
Doing it yourself is the hallmark of many an entrepreneur
just starting out. But this situation was not meant
to last forever. Eventually, a business needs a marketing
manager, meaning a person who knows how to run the
whole shebang. The internet is the perfect place to
run a small cost marketing campaign for a startup
business. Local business can rely more on radio and
TV spots, as well as newspaper ads and magazine space.
The great thing about advertising on the internet
is that internet advertising can be of two kinds:
short-term and long-term. Content is the way to create
long-term advertising that does not require one to
pay! Short-term ads all are marked by the fact that
one DOES have to pay for a space to place the ad,
and the ad eventually ends. With content, however,
the ad opportunity lasts as long as desired, and one
can change or update the content. Content plays into
search engine optimization. Say you have a press release
writing business in Houston, TX. Now let's say you
want to create 50 new clients per month. By creating
winning content and landing pages (the pages search
engine users and others are desired to land on first,
esp. to make a sale), one can achieve this end and
rely less heavily on media purchases. That said, for
any profitable business, a healthy mix of all internet
ad mediums is typically the recipe for success. Without
diversity, the full audience for an offering in a
particular industry may not be addressed.
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| 5. |
Email Campaigns: 101 |
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"How do I start an email campaign to get targeted
people on my site buying my stuff?"
Laugh if you will, but you know you are asking the
same thing, or did, at least, at one time. The answer
CAN be email campaigns, which, provided one has a
good opt-in list to start with, can take a site from
no sales to lots of sales in just one campaign. The
key is in the list, and the key to any good list is
quality filtering. A good list should be culled from
opt in lists by confirmed purchases by industry. This
is the only way to ensure to have the best possible
leads. These leads in turn will more likely become
interested in the offering put out for them, if it
matches their previous buying history.
Who the list is purchased from is also important.
Not just anyone can provide a good list. Internet
marketing agencies usually have the goods on email
lists. Even if an agency isn't going to tell you a
lot about how or where they get their bread and butter
(their lists!), ask questions about the quality of
the lists and why their lists will bring you sales.
The more questions a client asks about this, the more
likely that client will know if the agency knows email
or is just barking up a strange tree.
There is no secret to email campaigns, it's just
a matter of starting and following some basic guidelines.
To really excel, one may have to discover tricks of
the trade from experienced marketers. This can be
done through email campaign how-to ebooks that lay
out what to do, how to do it, and how to experiment
to improve ROI results with each campaign blast or
launch.
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