Saturday 29 February 2020

STOP Trying to Build Marketing Funnels (And do THIS Instead)







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Why Ecommerce Website Is the Need of the Hour for Your Retail Business?




From new companies to expansive ventures with well-known brands, relatively every organization is picking up an advantage from their eCommerce site where they can offer their particular items or services. In the present focused society, buyers never again search for adventures on the high boulevards to purchase merchandise or items; instead, they use online assets for their shopping accommodation.

"According to Statista report, in 2017 eCommerce was responsible for around $2.3 trillion in sales and is expected to reach $4.5 trillion in 2021."

This is the place internet business sites gain ubiquity in the market. Numerous retailers are favoring this choice to offer their items on the web. There are immense advantages of internet business sites and here are a few motivations to pick an eCommerce platform for your business:

Woman Holding A Tablet With Business Icons

Extends Your Brand


Consistently the number of online clients expanded by some rate and half of them invest energy in seeking and shopping of items. Thus, web-based business site can be a viable device to expand your brand image alongside internet showcasing services and eCommerce life utilities.

This will enable you to grow your items and administrations to a full degree while making your business famous in the online commercial center.

Comfort of shopping


Tablet on tableHave you ever wish to go out shopping late at night or have required a few products on dire premise? Online business sites are accessible every minute of every day to buy products whenever and with quick coordination, it will be an additional favorable position.

Also, individuals don't generally have much time to go out and look through the things they need to purchase, so they go online shopping for those things. This demonstrates the online retail business is exceptionally advantageous for shoppers since it has no time requirement.

Focus on a more extensive engagement of people


Web is a huge field where you can discover billions of clients web-based, hunting down something, or creating something applicable to them. A large number of clients may look for merchandise and ventures for their benefit. Ecommerce development can take your business to them and achieve a vast amount of online clients.

Subsequently, you can focus on a substantial number of engagement of people through your web-based business and satisfy their necessities with your items and administrations. At the point when clients discover your site essential and helpful, the movement will increment and draw in more groups of onlookers.

Displays launching of services or products


person using black tablet computer
There are a wide variety of internet advertising devices and practices that can be used to make your site prevalent among online clients. Internet business is where you can get best-promoting open doors that can get quality movement on your website. Most conventional advertising systems are SEO and SMO, PPC, content showcasing and some more.

To set up an eCommerce website for your business, you will require certain things, for example, a group of best eCommerce business site designers, online advertising techniques, a god spending plan and some an opportunity to actualize your thought effectively. Internet business has everything that can make your image mainstream through online assets.


Original  Source: https://ezinearticles.com/?Why-Ecommerce-Website-Is-the-Need-of-the-Hour-for-Your-Retail-Business?&id=10240334  




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Friday 28 February 2020

How To Start Affiliate Marketing For Beginners







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Do You Really Know What Business Marketing Is?


person typing on Apple Cordless Keyboard

There are countless books and courses on marketing and how to do it properly. You've probably read or attended some yourself. But, do you feel like you have a good grasp of marketing?

Do you fully understand all the processes involved and how to best apply them to your company? When all the cards are on the table, most small-to-medium businesses don't. Or at the very least, they understand these concepts.


What Is Business Marketing?

Everything a business does, everything you do to sell products and services - is marketing. Every decision you make, if it's about how to put your products or services in the hands of consumers, is business marketing.

The foundations of marketing are relatively easy to explain and understand. But mastering these essential concepts can mean the difference between success and failure.

You don't have to micromanage all marketing that your business does. In fact, it's probably a good idea to hire a professional. However, that doesn't replace the need to have a solid knowledge of marketing strategy. Business owners should always have a proactive role in their company's marketing tactics.

person writing on white notebook

Essential Components of a Good Marketing Strategy
Not all marketing concepts will apply to every business. Some will be more relevant than others, but as an entrepreneur you should be familiar with all of them.

Inbound Marketing
Think of inbound marketing as your workhorse.

It's a set of marketing tactics designed to maintain a steady influx of customers into your sales process. This isn't about pushing your brand to generate leads or direct conversion.

Inbound marketing uses various channels in creative ways to reach as many people as possible. Tools such as SEO optimization and social media channels are ideal for this type of marketing. The goal is to drive high volumes of quality traffic that can convert through brand engagement in the long run.

Direct Marketing
If inbound marketing is your workhorse, think of direct marketing as your racehorse.

Direct marketing includes sales tactics designed to produce an instant response. Things like calls to action in online or broadcast media fall into this category.

Regardless of what else you do, direct marketing is an important part of any marketing strategy. It allows you to instantly measure success or failure based on response rates.

Knowing how people are responding to one offering versus another is crucial.

Outbound Marketing
This is where the rubber really meets the road.

In outbound marketing, you're reaching out to prospects and basically saying "buy from me." This is typically what people think of when they hear the word marketing.

Outbound marketing includes sales calls, print ads, broadcast ads, door-to-door sales and much more. Any activity in which you're reaching out to potential customers with an offering figures into this definition.

Though a staple in countless marketing strategies, it's not very effective. It's hard to figure out if it's really working and people are getting savvier and blocking the majority of this type of marketing.

Content Marketing
This is the new-old way to market.

Most smart businesses realize that people are OK with marketing, as long as they get something in return. For example, if you create great content, consumers will be happy to hear from you.

Therefore, every channel you have should start by giving value in return for your customers' attention.

Social Media Marketing
It is inescapable, omnipresent, and pervasive.

Marketing is about getting attention. If you can't get people's attention, you have no one to market to.

The biggest attention vacuums nowadays are social media platforms. It goes without saying that any marketing strategy that doesn't include social media, is off to a bad start.

Start with Solid Foundations
Each of these components has its own place in the puzzle. Some may be more important to your business than others. But only by understanding them all can you find your way out of the marketing madness.

Don't be a passive business owner. Take charge of your marketing strategies and stop wasting resources on marketing that doesn't deliver.


Original Source: https://ezinearticles.com/?Do-You-Really-Know-What-Business-Marketing-Is?&id=10205146


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Thursday 27 February 2020

Facebook Ads In 2020 | From Facebook Ads Beginner to EXPERT In One Video





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How Do You Market To Millennials?



Trends come and go in marketing, and it's not always easy to connect with your target audience unless you really understand what motivates them.

Who Are Millennials?

two men and four women meeting in office

Generation Y, also commonly referred to as Millennials, are people born roughly between 1982 and the mid-1990s, reaching the age of 18 between 2000 and 2008. There are about 75 million of them, equal or slightly higher than the number of baby boomers (those born between 1946 and 1964).


Technology


Millennials are typically tech-savvier than previous generations, though not as adept as Gen Z, their younger counterparts. They are the last generation to grow up as non-natives to technology such as the internet and smartphones - as compared with Gen Z, who can't imagine a world without them.

Marketing


Millennials have been raised with TV and internet marketing, so they are going to be more skeptical of what they see and will not usually respond to many of the traditional marketing and sales pitches.

Lifestyle

four people watching on white MacBook on top of glass-top table
Millennials are much more racially and ethnically diverse than previous generations, though that can lead to some opinionated pushback and bias compared with Gen Z, who are generally not as prejudiced and want everyone to get along.

Millennials enjoy TV, including cable, satellite radio, the internet, e-zines, and some social media, usually Facebook and Twitter. They have a less material possessions accumulated and many are not married and have no children. This trend is most likely because of going to college and then having the burden of paying back a large amount of student loans.

It has been tough economically for Millennials who came of age in the middle of the huge recession of 2008. This made them cautious about getting into debt. If they do want to buy something, they will comparison shop and demand good value.

Employment, and Accumulated Wealth


As a result of the economic downturn just at the point where they were coming of age or graduating from college, Millennials have found it hard to enter the workplace. Some still live with their parents out of economic necessity or just plain comfort. They don't have nearly the amount of spending power that boomers do.

As a result of not being married and often living in a shared household, Millennials are often interested in travel and experiences like going to spas. They do want a house, car and family one day, but not until they can afford it.

Brand Loyalty


Millennials are not brand loyal in many cases. They will change depending on price, style and trends if the marketing messages they see resonate with them.



Original Source: https://ezinearticles.com/?How-Do-You-Market-To-Millennials?&id=10235819

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Wednesday 26 February 2020

What is a Sales Funnel? And How To Create One that Actually Makes Money





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Get More Website Leads & Grow Your Sales

By Susan Friesen 



9 Easy Ways to Increase Online Conversions

men having a meeting

So you've built a great website with professionally designed graphics, user-friendly navigation and compelling content. But instead of the steady stream of traffic and purchases you were expecting, you're not even getting a trickle.
So what gives?Too many entrepreneurs and small business owners have an "If you build it, they will come" mentality. They think that building something that looks nice is all they need to do to attract buyers.


The truth is that creating a website, no matter how visually appealing, isn't even half the battle.


The hardest work comes after your site is up and running, when it's time to market your product or service, engage potential customers and convert them into leads and sales.Whether you're struggling to get eyes on your offerings, build your list, or want to grow your sales, these tips will help you effectively utilize the best marketing tool you have: your website.



1. Look under the hood.


Is there something technically wrong? There are many wannabe developers out there who don't understand what it takes to build a robust, responsive site.Follow the path a customer would take from the time they land on your home page, throughout the whole buying process. There could be an error message when you try to put a certain product in your shopping cart, or a 404 page where your shipping and returns info should be.Be sure to check your site on several different browsers and devices too, ensuring the responsiveness looks good everywhere and not just on the typical browser you use.Checking your site speed is a good place to start. If a page takes forever to load, people aren't going to wait around.



2. Pay close attention to your headline.


The average web surfer who's using a search engine visits approximately 25 sites in only 3-4 minutes. That's not much time to grab someone's attention.To increase online conversions and grow your sales:
Avoid saying "Welcome to my website... " or other fluffy space-wasters. You don't want to spend your precious seconds on words that don't encourage visitors to take action.Be short and sweet. Your headline is not the place to cram in every detail. Focus on 6-12 words that contain your target keywords to capture interest.Get descriptive. Using a thesaurus is the perfect way to come up with some different ways of saying things that will tap into people's emotions. Think beyond words like "good" and "great" and get your visitors excited.



3. Show people how your product or service will benefit them.


Don't get caught up in explaining the mechanics of what you're selling. Instead, answer the questions your visitors will have, such as: How will it change people's lives for the better? Why do they need it? Tap into your visitors' pain points, and tell them the right story in a video, blog post, headline...Here's an example from one of our clients, the Financial Recovery Institute. Instead of telling people the course names or how she teaches, Karen describes the benefits they'll get from taking Money Coach Training.



4. Inspire your visitors to take action.


Using tangible action verbs can help increase online conversions. Get your visitors excited about whatever it is you're selling, and include a sense of urgency.For example, instead of saying "Register Now" for a webinar, you could use "Save Your Seat Here". Rather than "Get the course" for a program you teach, try something like "Start Learning Today".Create more enticing value propositions than simply "Buy it" or "Shop now" to motivate people to take advantage of your offer.



5. Have strong calls to action.


Whether it's filling out an online form or clicking a button, tell your users what you want them to do next. Like your headline and body copy, your CTAs should be succinct and benefit-driven.That said, don't put CTAs everywhere in your body copy, thinking that more is better. You want one main call to action per page or "action" you want someone to take, not one stuffed into each paragraph of content.


Read Smart Calls-to-Action for Every Buying Stage to Maximize Conversions on our website.


Have you ever wondered why some websites convert better than others? You can have the best copywriting in the world but if you don't have effective calls-to-action on each page, you won't get the sale.


This article provides effective example calls-to-action to reach shoppers at every stage of the buying cycle to boost conversions.


6. Make it easy for visitors to give you info.


People don't like filling out long forms to download an eBook or sign up for email newsletters. Popular digital marketing entrepreneur Neil Patel boosted his conversion rate on NeilPatel.com by 26% just by removing one form field.To get more website leads, ask for what you want in as few fields as possible. We ask our visitors for only a name and email address before giving them our free Ultimate Guide on improving profitability and conversions.



7. Make the right visual impression.


It's time to take stock of your stock photos, and to look long and hard at the images you're using to represent your brand.Your visual brand should be consistent throughout all of your marketing materials, from your blog imagery to your email newsletter pics. Too many small business owners use tacky stock photos or low-quality images simply because they're easy and available to them.Pictures are worth a thousand words, and none of those words are going to be "leads" or "sales" if you don't carefully choose the imagery that's representing your brand.And please, speaking of stock photos - never, whether on your website, in social media or your newsletters, use a stock photo that hasn't been purchased and still has the watermark on it. Not only is this very unprofessional looking, it is also an illegal use of the stock photo and you could be fined if found out.


8. Use reviews and testimonials as social proof.


We use social proof each day to navigate our decisions-online and in the real world. Here's a real-world example: when you're choosing somewhere to eat, are you tempted more by the lively restaurant full of happy customers, or the empty one across the street?Now, think about how you buy online. I'm sure you've used a review-positive or negative-to influence a decision. Research from BrightLocal shows that positive reviews make 91% of consumers more likely to use a business, while 82% will be put off by negative reviews. And, the average consumer reads 10 reviews before feeling able to trust a local business.One unique way that online marketing platform TrustPulse gives buyers social proof is by dynamically sharing the name and location of people who have signed up for their services.


9. Never stop testing and tweaking.


To get more website leads, you need to know what works and what doesn't. Use A/B testing to serve up visitors different versions of your site, or try a variety of headlines over the span of several months.


Remember, what helps one site owner increase online conversions might fail miserably for another.


It can be a challenge to successfully create the most compelling copy, imagery and calls to action, so consider hiring a professional marketing company to help you get results.Whatever method you use, you're going to have to try, test and try some more... getting the right formula to grow your sales is an ongoing process.To your business success,


Susan



Original  Source: https://ezinearticles.com/?Get-More-Website-Leads-and-Grow-Your-Sales&id=10251215





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Tuesday 25 February 2020

How to Write Emails to Sell a Product! Email Marketing Strategy in 3 Eas...





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Here Are 4 Reasons You Are in Sales and it’s a Good Thing!


No matter what your job title is, you're in sales. And even though nobody likes the idea of being "sold," everyone does it. Here are four tips to help you embrace your inner salesperson. 


A firefighter, a professor, a computer repair technician and a lawyer are having dinner together. Which one is the salesperson?

None, right? One is in the business of saving lives; another teaches; one fixes stuff; and the last one keeps people out of jail.

They’re not in sales. Or are they?

The fact is that every job is a sales job. Even yours.

What do you think the firefighter is doing when he visits an elementary school classroom to talk about the dangers of playing with matches or setting off fireworks? He’s selling children on staying safe.

What skills does the professor use when she tries to convince her students to power down their phones and take notes during her lectures? Sales skills.

If a computer tech does a good job and treats his clients—who usually come to him in distress—with kindness and patience, will those customers choose him again next time they need service? If so, he’s made a sale.

And the lawyer spends all day selling juries on finding her clients “not guilty” and judges on ruling in their favor.

No matter what kind of job you can think of, it’s got a sales component, at least unofficially.

That means your job is, in part, a sales job.

If you’re like most people who haven’t chosen sales as a career, your reaction is probably something like, “Ick.”

Sales does have a bad reputation. But the fact is that we are surrounded by salespeople who are ethical and honest. Most salespeople do not practice the dishonest, manipulative, pushy brand of sales that created that bad rep.

You don’t have to sell that way when you make those unofficial sales at work that you inevitably make, even though your job title doesn’t say anything about “sales.”

Most of today’s sales professionals practice “consultative” sales. That means they try to sell only what their clients need. They look for products and services that will solve a problem for the client or make the client happy.

They don’t pressure or trick or lie to their clients. They figure out how they can get what they want—the sale—while giving the client what he or she wants and needs.


They know that nobody likes to be sold. But they also know that everybody likes to buy. So they figure out what each person they meet really wants to buy. That’s what they sell.

For people who aren’t sales professionals—but have lots of opportunities to make unofficial sales at work—the same strategy can work.

But going from a mindset of “ick” to one that embraces selling as the most-effective way to get a raise, a promotion, a thumbs-up for your business on social media or another contract from someone you already work with might not be easy.

So ease into it. Here are four points that could help you embrace your inner salesperson:

1. Realize that you already know how to sell. 


Child completing maths homework
In fact, you’ve known how since you were a kid. Children seem to innately understand how to get what they want from their parents. They figure out at a young age that being nice and helpful—not demanding and stomping their feet—will get them that special toy or a later bedtime. They also know that they need to ask for what they want, because Mom and Dad aren’t going to volunteer it. Those strategies can still work for you. Follow the Golden Rule when you ask for anything: Treat people as you would like them to treat you. Be kind. Don’t push. Ask nicely.

2. Not only do you already know how to sell, you already do it every day. 


Every time you encourage your child to pick up his toys, your partner to pick up the dry cleaning or a co-worker to pick up the slack, you’re selling. Every time they do what you asked, you’ve made a “sale.” It doesn’t matter that the transaction did not involve money.

3. Think of selling as a way to help people.

 Everybody wants something. Once you identify the person who can help you get what you want, figure out not how you can “sell” that person, but what you have that can help that person. A professional who sells gutter shields, for example, has a product that can solve a huge problem for a homeowner with clogged gutters. A non-salesperson who asks the boss for a big raise can offer to take on more responsibility in exchange for more money. A sale—official or unofficial—should create a win for the “seller” and a win for the “buyer” so both of you get what you need.

4. You could be a superstar at work if you bring in business, even though that’s not your official job. Opportunities to do that are everywhere:

Whenever you work with clients, find out what else they need. Ask what else you can do to help. Then, figure out if your company has a product or service that would fill that need, and offer it.
Before you say “goodbye” to a client after a satisfying work experience, ask that customer to refer your company to friends and colleagues, and to write a positive social media review.
Be a walking commercial for your company, on and off the job. Employees who tell positive stories about their workplace spread goodwill not only for the business but for themselves. The people who notice your pride in your company are more likely to contact you when they need its services than those who observe an employee bad-mouthing the boss.

Making a “sale” can and should be a positive experience for both you and the person you’re “selling.” There’s really nothing “icky” at all about trying to strike a deal that benefits everyone involved.

Original Source: https://www.businessknowhow.com/marketing/everyone-sells.htm

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Monday 24 February 2020

Email Marketing Strategy for Beginners in 2020 | Oberlo Dropshipping





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How to Buy a Business to Expand Your Current Business




When you buy a business that's related to your own, it can fast-track your business expansion. But buying a business doesn't come without risks and challenges. 

Are you a small business owner considering ways to expand your business? Chances are, you’re already looking into obvious paths to growth, such as more and better lead generation, more networking, providing incentives to current customers for referrals, and all of the other growth hacks that you read about in how-to articles on the Internet.


But, there’s another path to business expansion that’s less talked about: buy a business that’s related to the one you already own. Doing so is arguably easier, and much faster than traveling down the road of traditional growth. It comes with risks but I found it to be my preferred path to expansion. Below is what I’ve learned after going through this process a few times in my own business. I hope hit helps you take the first few steps towards expansion.

How to Buy a Business – A Step-by-Step Playbook


Let’s not fool ourselves. Acquiring another business isn’t as easy as getting on some website that lists businesses for sale, picking a business you want to buy, and clicking the “buy now” button. The process is slightly different in each situation but here’s a sample playbook:
Laptop glasses notebook desk
1.Research- Figure out what people are paying for a business in your industry and your region. It’s different for each business type. There are a lot of articles on valuing a business so let’s not dive into that here. Once you figure that out, decide if you can afford the financial risk of buying a business.

2.Save Up- Don’t waste your time or the prospective seller’s time by having conversations before you know how you will pay for the business. This may be through a loan, cash, royalty payments or often a combination of numerous ways. Get this squared away before going much further.
five person by table watching turned on white iMac
3.Identify- Find a business that could be a possible fit with your current business. In most cases, what you will be looking to buy is a business you can absorb into your current business. You’re not looking to try and operate separate businesses. There are websites that list businesses for sale. You could look there as well.
4. Approach- Start a conversation with the owner. Sometimes they’re looking to sell and sometimes they’ll entertain the idea of selling if they know you’re serious. Don’t only look for “For Sale” signs. Approach owners that haven’t thought of selling as well. If the business is selling through a broker, you would start conversations with the broker.
5. Due Diligence- We’re now into the section where you may need to call in experts. Due diligence involves combing through the entire business including financials, examining the location, talking to employees, talking to customers, and analyzing the market. You will likely need an accountant to look over the books, an attorney to examine the contracts the business is under, and other experts as things come up that are outside of your expertise. Most important, don’t be afraid to walk away. If the due diligence process makes you feel uneasy about acquiring the business, walk away. There will be other opportunities that come along.

two men in suit sitting on sofa6. Make an Offer- If you like what you see, it’s time to make an offer to purchase the company. You already figured out your personal finances and budget so start the negotiation process. Almost all business owners believe their business is worth more than it actually is. That’s a hurdle that can be hard to overcome but stay disciplined. You know what your due diligence told you. Hopefully the deal works out. If not, you’ll be starting this process again with another business before you know it.



7. Assimilation- Assuming you bought a business that is in the same industry as your own, you will likely absorb it into your own. This makes accounting, HR, and general management much easier. Most local small businesses don’t have the brand recognition that would make you want to keep it under its old name but don’t rule out that possibility.

8. Weed Out- Businesses don’t grow when they try to be all things to all people. Know your mission, know who you service, how you service, what you charge, and your geographic boundaries. For any current customers that don’t fit into this, refer them to somebody else. Serving customers outside of who you are might be attractive from a money standpoint, but they take too many resources. Do the same with employees. If they don’t fit into the mission of your business, they probably need to be let go. Please, treat them well. Offer them a severance package so they have money coming in while they look for another job.

Pro Tips

Although the process laid out above appears very scripted, objective, and straightforward, the reality is that buying a business comes with a lot of emotion. You’re purchasing something that’s very personal to the owner. The owner may try and hold on tightly, they might be mad when you question why parts of the their business aren’t running as well as they should, they might be in denial as to the state of their business, and they might be worried that you won’t treat their employees well once you purchase. Put on your patience hat. If you’re truly interested in buying the business, some coddling of the owner will be necessary. Always remember that you would likely be the same way if you were selling something that took you years to build.



people sitting near window having conversationsNext, if you’re purchasing a business for the first time, look for the one or two-person operation that isn’t so much a business. Many people get into an industry but find they can’t grow enough to really make it a long-term career. In this case, you’re simply buying their customers. This is a much easier process than buying an established business with complicated financials. Related, look for somebody who is close to retirement who built a heathy side hustle.

Again, you’re buying the customers versus buying a thriving business that can stand alone outside of the owner. The “business” that isn’t actually a business is a prime target for acquisition.

Finally, know the attrition rate in your industry. Any time you purchase a business you will lose some percentage of the customers. They might see you as the bad guy who bought out their best friend or they may use this as a time to re-evaluate their vendors. You can find attrition rates for every industry. Look for trade organizations you can reach out to. When you make your offer, valuation should be based on some multiple of revenue minus the expected attrition rate.

Bottom Line

Finding new customers is a long, hard, frustrating, and expensive experience. You may have to hire a sales team, create media for advertising, and comb through the Internet looking for possible leads. Purchasing an existing business takes care of all of that headache and brings you a lot more business very rapidly.
But don’t be fooled. Purchasing a business comes with risks and your current business must be prepared for the influx of new customers. The last thing you want is to bring more customers through the door but lose them because you weren’t prepared to service them well.



Original Source: https://www.businessknowhow.com/money/how-to-buy-business.htm

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