It’s officially spring, which means warm sunshine, longer days, and all-around awesomeness.
But before you head off to Summerfest (the biggest music festival in the US), let’s rekindle our love for all things marketing. Specifically, let’s look into the future of marketing and how to make the most of it.
The Rise of Online Business
While the internet has been around for decades, the modern iteration came into existence in the late 1990’s. Backed by the phenomenal growth of social media platforms like Facebook and Twitter, businesses of all sizes jumped on the virtual bandwagon.
What emerged was a world where buyers and customers could connect and engage with brands online, regardless of geography. The convenience for customers came with the added benefit of lower costs and more available platforms.
In a nutshell, online businesses have sprung up because it’s now easy and affordable to set up shop. You no longer need to rely on big banks or expensive credit cards to get the business you started off on the right foot. Your customers can now be around the globe, and you have the luxury of operating anywhere.
The Importance of Marketing To Online Business
Just because you have an online business doesn’t mean you don’t need to market your product or service. In fact, it’s more important than ever before. As previously mentioned, online businesses have gone a long way toward making it easier and more affordable to get a business off the ground. But with the increased convenience comes increased competition — and that means you’ve got to be good at marketing if you want to keep your customers and make a profit.
12 Essential Marketing Tips For Online Business Owners
So you’ve launched an online store and are ready to pour all your energy into growing your business. Congrats! But you’re not quite there yet. To help you along the way, we’ve compiled a list of 12 tips that will make you a better marketer. Let’s get to it.
1. Have A Vision In Mind
If you’ve ever started a business, you’ll know the struggle of having no idea what to put out there. You’ve got a product (or service) that you think would be a great fit for a particular niche, but you’ve never actually been able to find a specific niche.
It’s completely normal to feel lost when trying to figure out what to product or service to offer. After all, you’ve never actually done this before. However, never fear — having a vision in mind will guide you toward creating the perfect product (or service).
When deciding what niche your product (or service) will fit into, consider what makes you unique and what sets you apart from the competition. Also, make sure that your product (or service) solves a problem for the customer. For example, if you’re creating a product that lets customers create and share short videos online, but all of your competitors offer a script or software that does this as well, then you’re probably in the right niche.
If you can solve a problem for the customer and offer something unique, you’ll be able to stand out in the crowd and grab that customer’s attention.
2. Measure The Success Of Your Marketing Campaigns
So you launched a massive ad campaign in a bid to capture the attention of potential customers, and you convinced a handful of people to give your product (or service) a try. Great! But now what?
You’ve got a task ahead of you. The next step is to measure the success of your campaign. You can’t keep craning your neck to see how many people came into contact with your marketing material, only to find out that no one actually bought your product. (Believe it or not, a significant number of businesses go out of business before they ever make a sale.)
What you need to do is measure the success of your campaign. Luckily for you, we’re here to help. There are a variety of tools available that can measure the success of your marketing efforts. For example, you can use Google Analytics to track the traffic coming to your site. You’ll also want to look into getting a bounce rate and analyzing the content on your site to see how effective your strategies are.
3. Learn From The Best
Anyone who’s ever invested in professional development knows that learning is never finished. With so much information out there and so many avenues to learn, the internet made knowledge virtually free. What’s more is the access to knowledge is always available.
As a result, more businesses are learning to harness the power of information and data. By analyzing customer habits, demographics, and the like, business owners can gain a deeper understanding of their customer base, allowing them to craft better products and services to meet their needs.
Learning and researching are an endless task, but with the world of information at your fingertips, there’s always more to learn. The key is knowing where to look and what to learn from. Luckily for you, we’re here to help with a list of the top 10 marketing blogs that will teach you everything you need to know about marketing.
Whether you’re looking to boost your product sales, grow your email list, or gain a competitive advantage, these blogs are a great place to start.
4. Use Technology To Your Advantage
If you’ve ever gone through the trouble of setting up a blog, you’ll know that the tech work can be tedious and time-consuming. What’s more is once you’ve got it set up, you’ll realize that you’re not using all the features that the platform has to offer.
Blogs are great for content and connecting with potential customers. As an online business owner, you can use your blog to establish yourself as an expert in your niche and to keep your customers up-to-date on the latest news and trends. You can also use your blog to build credibility by showing that you’re an industry insider and that you’ve got the knowledge to back up your claims.
The advantage of having a blog is that you can use technology (mostly web based) to your advantage. What this means is that even if you don’t have the money to invest in expensive ads or pay-per-click campaigns, you can use the power of the internet to gain exposure for your product (or service) and establish credibility.
5. Avoid Plagiarism
You’ve probably heard the expression ‘original work only’. While it’s true that customers generally expect original content even if it’s not perfect, it’s still considered plagiarism and is often times frowned upon.
So what does this mean for you as an aspiring marketer? Make sure you don’t rip off other people’s work when you’re presenting ideas of your own. Otherwise, it could be considered plagiarism, and that’s a serious offense in today’s digital world.
This doesn’t mean that you have to reinvent the wheel. Instead, it just means you should be careful not to blatantly copy someone else’s work. Make sure you cite sources and give proper credit where it’s due.
6. Create A Buzz
If you’ve ever started a business, you’ll know that creating buzz is a great way to get the attention of potential customers. But, how exactly do you go about doing this? You can get creative and use a variety of strategies to get the word out there about your product (or service).
You can start by establishing yourself as an expert in your industry through articles published on websites or social media platforms. If you have an established base of followers or subscribers, you can use these platforms to get the word out about your product (or service).
If you’re looking for an additional strategy to get the word out there, you can always host a launch party or conference. Or, you can simply write an article and submit it to a high-profile website in your industry. In any case, make sure you get the word out there — otherwise, your competitors may steal your customers.
7. Measure The Success Of Your Marketing Efforts
If you’re brand new to marketing, it can be tricky to know how effective your strategies are. The answer: measure it.
Like we mentioned before, there are a variety of tools available that can help you measure the success of your marketing efforts. These tools will give you the numbers you need to determine the effectiveness of your strategies and allow you to better target future campaigns. Some of these tools even allow you to monitor the performance of your ads so you can ensure you’re getting the most from your marketing spend.