Saturday, June 4, 2016

Power of Article Marketing


Why is article marketing still so important to your online business? It's because article marketing is really content marketing, and as such, it's the starting point for a number of other widely used communication platforms.
You can take the content of a good, informative article and use it as the basis for producing a powerful video, which not only helps a handful of viewers, but may actually go viral. If this happens, that same content could reach millions.
Now, obviously, not many videos go viral, but it does happen everyday, and it is feasible that your outstanding content which started as an article could in the end go viral.
Perhaps it's more likely that the information you put in your article may be picked up in social media, by posting it in one or several of the most popular sites, like Facebook and Pinterest.
Additionally, you can post the content of your article in your blog, or website where it can benefit your subscribers.
Article marketing is nothing more than content you are offering your audience. Great content is a powerful way to get noticed, and to increase your authority status in your niche. It's a great way to increase your visibility online.
And you don't need your name or your website to be seen everywhere. You just want to be noticed by the people who are in your niche, the people who form your target market.
Before you can sell anything online, people have to be find you! But you only need to be found by people in your niche, people in your target market.
This means you don't have to appeal to everyone, only people needing a solution to the problem you are addressing in your articles.
Sending interested people to your website is relatively easy. This is because people search keywords which address the problems they want to solve with information they hope to find online.
The keywords may quite likely take them to the website where you have posted an article rich with valuable content addressing a specific problem. People searching keywords related to the content you posted in your article will find you.
If these people get tips form your article which promise to solve their problem, they will want to get more information from you. Your resource box will promise additional information if they visit your website. Presto! You have acquired a valuable prospect.
Traffic is the lifeblood of your online business. As mentioned above, articles are content, and it's content promising solutions to peoples' problems which will bring you the traffic you need. Articles are also the source of content for other forms of communication.
People who come to your website after reading your articles, will most likely end up on your mailing list. You will then have the opportunity to talk to them again via emails, and build the all important "know, like and trust you" to build that relationship which is needed before they will ever buy anything from you.
As you can see, article marketing should be at the base, or staring point in your online marketing. It will allow you to get targeted people to your website and to your email list, which will become the greatest asset of your online business.

Friday, June 3, 2016

Niche Marketing: Is It Right for Your Business?



Niche marketing is all the rage these days, but what exactly is it? More importantly, is it right for your small or midsized business?

A niche refers to a specific, focused and easily identifiable market segment. A business cannot be all things to all people; it may be more successful to aim to be the "go-to" resource for a subsection of a larger population. By focusing on a niche, a business can generate deeper, longer-lasting loyalty, identify specialized products or services and exceed expectations for customers with a specific need that can be fulfilled by the company's services.

3 Steps to Identify Your Niche
Niche marketing hinges on identifying your company's unique opportunities to market to a certain group. To do this, follow these steps:

1. Determine your best customers.
You can determine your best customers by examining your sales database. Review the data to see if there are any common characteristics among your best customers. Some businesses assign lifetime value scores to customers based on their purchasing history. These figures may lead you to discover that your best customers fall within a specific niche group.

2. Refine your product or services.
Once you've discovered your niche, you can maximize potential sales by refining your product or service offerings. Look for ways to increase the number of products or services that will appeal to your particular group. Adding on more may make sense if you think the niche has potential to grow or if such additions can be profitable.

3. Test the niche.
After identifying your niche and products that appeal to it, it's time to test whether it's right for you. Test your advertising or marketing materials to the targeted group. If your guess is correct and you've found your niche, sales should be stronger to that group based on your ability to match your business to their needs.

Is Your Niche Too Targeted?
Small businesses may not be in the best position to serve a niche market if the identified group is too small for effective sales. Consider your target customer group and your average sale. If you sold to every single member of that group at the average dollar amount of a typical sale, could you still make a profit?

As the numbers of possible sales in the niche drops, gather your best estimates of gross and net profits. While it's true that successful niche campaigns can engender strong customer loyalty and repeat sales, if there aren't enough potential customers, it won't be worth your time.

Successful niche marketing campaigns enable you to focus your marketing messages on a smaller customer group. With enough customers, you'll find your message resonates strongly with them. Repeat sales, increased business and higher profits are all signs you've successfully found your niche.