Posts tagged ‘recession’

When most people hear the word exploit they automatically think that you are doing something unethical or illegal.  However, exploit actually means to take advantage of a situation or to use or develop something in order to gain a benefit.  Thus, exploit is actually the perfect verb to describe how you should approach the online business because you want to take advantage of the fact that the web offers easy access to millions of potential consumers and you want to develop the recession proof business venue to produce high sales figures.  The only thing you need to know now is how you can exploit the online business world in four easy steps, and believe it or not it’s not that hard! Find your target audience- First off; you need to discover where your target audience is located on the web and what their interests are.  It is much easier to see results from your advertising and marketing campaigns if you start by aiming them directly at the crowd of web browsers who are most likely to purchase your product or service.  You can conduct your own research to find their tastes or simply hire a consultant, but you will see much higher sales profits if you go out and find them instead of waiting for them to come to you. Utilize social media- The largest advertising tool on the internet right now is also conveniently very low cost and easy to use, social media websites.  Social networking is becoming the ‘IT’ thing in pop culture even more so every day since you are not somebody until you have a Facebook and Twitter account.  Take advantage of the easy exposure and free advertising venue via status updates by joining and offering users easy access to your company.  Additionally, this is a great way to collect consumer feedback which can help you improve your business in the future. Develop your website- If you had an actual store you would never let the door way and front side look as if it were ancient, so why would you leave your website looking this way?  Your homepage on your website is the first thing that people see when they head over to take a look at your product or service.  In this increasingly technical age people are highly critical of website design, webpage usability, and overall current information.  If you are lacking any of these elements potential consumers will move on to another website that has them, even if your product is great.  So remember, your sale starts with your homepage, not with the actual product introduction. Delegate!- Finally, this is the key to any group project or large business project, in order to accomplish all of your business objectives you cannot be afraid to delegate.  The truth of the matter is that people who try to handle every aspect of their business on their own are doomed to fail because there is not enough time in one day to handle mundane tasks and still have time left for future development and expansion.  Hire a virtual assistant or outsource some of your smaller tasks and web tasks that are outside your area of expertise and you will be surprised with how much time to put your energy where it really counts, into the future progression of your business!

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How to exploit the online business world in four easy steps

Ad Age today summarize the state of the search engine marketing industry —and it’s largely good, including the fact that we’ve weathered the recession well so far, we’ve seen tremendous growth over our lifespan and most marketers are convinced of, interested in or doing SEM in some form. Naturally, the report focuses on the elephant in the room—the biggest search engine in the world. Google dominates the search market in almost every country of the world—but there are a few places where competitors might be able to find a chink in Google’s armor. Bingahoo is cited as one possible challenger, although by the measure Ad Age is using, a combined Yahoo/Bing share would be 26% to Google’s 65% of the market. However, Bing has shown notable success, including a report from Nielsen in July: According to Nielsen data from July for the U.S., 27% of Google searchers also used Bing at least once that month, and 39% used Yahoo. Of course, the same holds true for Bing and Yahoo searchers — a majority of them also use Google. We saw similar reports on low search-engine loyalty back in February as well, even before Bing and its marketing blitz. But the fact that people are at least trying Bing bodes well for Microsoft—since CEO Steve Ballmer pledged to spend up to 10% of MSFT’s operating income a year to pushing Bing to the top of the heap (up to $2b/yr). The other major area is mobile search . While lots of people do turn to Google for their mobile search, just like they do with . . . “immobile” search—and Android is helping with that—Ad Age reports that the number of mobile Internet devices outweighs the number of computers—which means that lots of mobile Internet users don’t have a desktop habit of Googling. Instead, they may use whatever default their service provider or phone includes (again with the Android). What do you think? Does it really matter if Google is so dominant in the search industry, or is fine and dandy (as long as they don’t penalize your site)? Can they be beaten?

Link:
Where Can Google Be Beaten?