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You are here: Home > Internet and Businesses Online > Internet and Businesses Online > The 10 Commandments of Online Business |
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Casual Articles - The 10 Commandments of Online Business
Principles and Practice of Advertising - The Importance Of Association with your best ad &
your new ad. The winner moves on to the next round. Repeat
this process often.Given a knowledge of the target audience with their needs, and given an analysis of the product's specific qualities which may be presented to the consumer as able to satisfy those needs - the next step is the psycho-economic technique of advertising is that of establishing associations, in the thinking and the acting of the consumer, between the need and the product in question.A common error of advertisements is in assuming that the mere repetition and constant reiterat 7. Honor Thy Mailing List: Your current and previous customers are an incredible source of revenue for you. It's a shame that many online business owners neglect this each and every day. Stay in touch with your prospects by sending an email or printed newsletter or flyer. Offer them special discounts and loyalty bonuses. If you forget them, they will surely forget you. 8. Thou Shalt Not Be Hindered By Failure: You will fail. Period. Dust yourself off & get back on the hors Dynamics of Work Environment There are (at least) 10 absolute musts for anyone who
desires to run a successful online home-based business.The work environment is undergoing constant change, i.e. in factories, manufacturing units; production houses the work scenario and working condition is changing. Prolonged working hours, specialization of job profiles, technical complexities for jobs, increase in work pressure, etc are some of the major aspects of work environment that are undergoing changes. In the industrial set ups competition is growing by leaps and bounds. So the main concentration of employers is to incre 1. Thou Shalt Not Pursue A Free Lunch: Chances are, you will not get rich quick. Deal with it. Don't waste your time convincing yourself or listening to others who tell you differently. Hard work and perseverance will not fail you. 2. Thy Products Must Solve A Prospect's Problem: We humans are greedy creatures most times. We want comfort, ease, peace of mind, and a plethora of other self indulgencies. Put yourself in the customer's shoes and ask "What's in it for me?". If your ads or products do not clearly spell this out, and tell the customer how you will give him what he desires, most times you will not make the sale. 3. Thou Shalt Educate Thyself: Read, Read, Read. Observe other successful people in your field. What are they doing? Read some more. 4. Thou Shalt Budget For Advertising: Free advertising is an oxymoron. The only people reading free ads are the ones who are placing them there, and all they're looking for is their own ad, not yours. Instead, learn all you can about your target audience, and find them. Whether it is through pay-per-click advertising using highly targeted keywords, eZine ads, banners on related sites, etc. Don't go after the general public. Go after people who are looking for your type of product or service. Allow a certain monthly expense for advertising and stick to it. 5. Thou Shalt Track Thyne Advertising: You made a sale! Congrats! How did the customer find you? If you have 10 different ads on 10 different sites, how on earth will you know which one(s) are working? View your server logs to see where the users came from. Create unique URLs to use in each ad. For example: http://www.yourdomain.com?ad1 http://www.yourdomain.com?ad2 etc. Just add the ?ad# to the end of the URL you post along with each ad. Change the # for each one & for goodness sake, write them down somewhere! StatCounter.com offers a great free service that will assist you in tracking your visitors. 6. Thou Shalt Tweak: Familiarize yourself with the term "split-run". A split run is where you take 2 ads and send them out simultaneously and measure the results to see which ad pulled more clicks and sales. You take the better of the 2 ads and create another one. Run a split-test again with your best ad & your new ad. The winner moves on to the next round. Repeat this process often. 7. Honor Thy Mailing List: Your current and previous customers are an incredible source of revenue for you. It's a shame that many online business owners neglect this each and every day. Stay in touch with your prospects by sending an email or printed newsletter or flyer. Offer them special discounts and loyalty bonuses. If you forget them, they will surely forget you. 8. Thou Shalt Not Be Hindered By Failure: You will fail. Period. Dust yourself off & get back on the horse Equity Theory And Employee Motivation ". If your ads or products do not
clearly spell this out, and tell the customer how you will
give him what he desires, most times you will not make the
sale.In business, the Equity Theory of employee motivation describes the relationship between how fairly an employee perceives he is treated and how hard he is motivated to work. Peter Drucker, an author who specialized in economics, first proposed the link between Equity Theory and employee motivation.The basic idea behind the Equity Theory is that workers, in an attempt to balance what they put in to their jobs and what they get from them, will unconsciously assign values t 3. Thou Shalt Educate Thyself: Read, Read, Read. Observe other successful people in your field. What are they doing? Read some more. 4. Thou Shalt Budget For Advertising: Free advertising is an oxymoron. The only people reading free ads are the ones who are placing them there, and all they're looking for is their own ad, not yours. Instead, learn all you can about your target audience, and find them. Whether it is through pay-per-click advertising using highly targeted keywords, eZine ads, banners on related sites, etc. Don't go after the general public. Go after people who are looking for your type of product or service. Allow a certain monthly expense for advertising and stick to it. 5. Thou Shalt Track Thyne Advertising: You made a sale! Congrats! How did the customer find you? If you have 10 different ads on 10 different sites, how on earth will you know which one(s) are working? View your server logs to see where the users came from. Create unique URLs to use in each ad. For example: http://www.yourdomain.com?ad1 http://www.yourdomain.com?ad2 etc. Just add the ?ad# to the end of the URL you post along with each ad. Change the # for each one & for goodness sake, write them down somewhere! StatCounter.com offers a great free service that will assist you in tracking your visitors. 6. Thou Shalt Tweak: Familiarize yourself with the term "split-run". A split run is where you take 2 ads and send them out simultaneously and measure the results to see which ad pulled more clicks and sales. You take the better of the 2 ads and create another one. Run a split-test again with your best ad & your new ad. The winner moves on to the next round. Repeat this process often. 7. Honor Thy Mailing List: Your current and previous customers are an incredible source of revenue for you. It's a shame that many online business owners neglect this each and every day. Stay in touch with your prospects by sending an email or printed newsletter or flyer. Offer them special discounts and loyalty bonuses. If you forget them, they will surely forget you. 8. Thou Shalt Not Be Hindered By Failure: You will fail. Period. Dust yourself off & get back on the hors 7 Tips for Testing Your Sales and Marketing hrough pay-per-click advertising using
highly targeted keywords, eZine ads, banners on related
sites, etc. Don't go after the general public. Go after
people who are looking for your type of product or service.
Allow a certain monthly expense for advertising and stick
to it.One marketing technique may work wonders for someone, but that doesn't guarantee that it'll do the same for you. The only way to really know what works for YOUR products and YOUR target audience is to experiment. Testing and experimentation are crucial to increasing your profits.1. Try using the occasional pop-up window to get more subscribers to your newsletter. Some people *really* hate these, so use them sparingly. For example, you could have a window pop up only the f 5. Thou Shalt Track Thyne Advertising: You made a sale! Congrats! How did the customer find you? If you have 10 different ads on 10 different sites, how on earth will you know which one(s) are working? View your server logs to see where the users came from. Create unique URLs to use in each ad. For example: http://www.yourdomain.com?ad1 http://www.yourdomain.com?ad2 etc. Just add the ?ad# to the end of the URL you post along with each ad. Change the # for each one & for goodness sake, write them down somewhere! StatCounter.com offers a great free service that will assist you in tracking your visitors. 6. Thou Shalt Tweak: Familiarize yourself with the term "split-run". A split run is where you take 2 ads and send them out simultaneously and measure the results to see which ad pulled more clicks and sales. You take the better of the 2 ads and create another one. Run a split-test again with your best ad & your new ad. The winner moves on to the next round. Repeat this process often. 7. Honor Thy Mailing List: Your current and previous customers are an incredible source of revenue for you. It's a shame that many online business owners neglect this each and every day. Stay in touch with your prospects by sending an email or printed newsletter or flyer. Offer them special discounts and loyalty bonuses. If you forget them, they will surely forget you. 8. Thou Shalt Not Be Hindered By Failure: You will fail. Period. Dust yourself off & get back on the hors A Simple Sales Strategy: Turn Customers Into Raving Fans! http://www.yourdomain.com?ad1 http://www.yourdomain.com?ad2
etc. Just add the ?ad# to the end of the URL you post along
with each ad. Change the # for each one & for goodness
sake, write them down somewhere! StatCounter.com offers a
great free service that will assist you in tracking your
visitors.What's next after someone becomes your client? What's next is to deliver on what you said you would, and more! As they say, "Under promise and over deliver." People expect you to deliver results. Surprise them by also going the extra mile over and over again.As soon as you get a new client, thank them for doing business with you. Send them a thank you note, an extra report or something of value. Let them know that you appreciate their business and show them you care abou 6. Thou Shalt Tweak: Familiarize yourself with the term "split-run". A split run is where you take 2 ads and send them out simultaneously and measure the results to see which ad pulled more clicks and sales. You take the better of the 2 ads and create another one. Run a split-test again with your best ad & your new ad. The winner moves on to the next round. Repeat this process often. 7. Honor Thy Mailing List: Your current and previous customers are an incredible source of revenue for you. It's a shame that many online business owners neglect this each and every day. Stay in touch with your prospects by sending an email or printed newsletter or flyer. Offer them special discounts and loyalty bonuses. If you forget them, they will surely forget you. 8. Thou Shalt Not Be Hindered By Failure: You will fail. Period. Dust yourself off & get back on the hors Rural Michigan - Building a New Industry with your best ad &
your new ad. The winner moves on to the next round. Repeat
this process often.In the past couple of years, an increasing number of State Agencies and financial firms have been re-addressing cost cutting solutions by sending customer service jobs to rural areas of the United States, where labor costs can be dramatically lower and where skilled labor forces are available.Our study shows that there is an attempt to bring outsourcing jobs back from overseas to smaller cities and towns through the United States. We recently visited the Michigan town of 7. Honor Thy Mailing List: Your current and previous customers are an incredible source of revenue for you. It's a shame that many online business owners neglect this each and every day. Stay in touch with your prospects by sending an email or printed newsletter or flyer. Offer them special discounts and loyalty bonuses. If you forget them, they will surely forget you. 8. Thou Shalt Not Be Hindered By Failure: You will fail. Period. Dust yourself off & get back on the horse. It is part of your education. Learn from it and move forward. 9. Thou Shalt Duplicate What Works: Commandment number six goes hand-in-hand with this one. The wonderful thing about doing business online is the ease at which you can scale-up your operation. If you find something that works, do it again, and again. Reach a larger audience. If you've found a successful niche as an affiliate with a mini-site, set up 25 more sites. 10. Thou Shalt Reward Thyself: You need some time away from the computer. Go outside. Go shopping. Visit friends. Buy yourself a new toy. Read something non-technical, fiction maybe. You've earned the right to treat yourself. Make it a habit or it will become a resentment.
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