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MicroSolutions Consulting
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Online Since 2002
 
 
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Marketing Strategy: 7 Steps to Market Segmentation
Business and Marketing innovation is what drives a company's success - the more competitive the mark...

Loyalty Cards Systems – Beware, Some Should Be Avoided
A loyalty card scheme can help a retail or hospitality business's marketing efforts to be far more e...

Fertilizer For Your Grassroots Marketing
Looking for a great way to drive traffic to your business? No million dollar ad budget last time you...

 

 

   

 

 

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Assumption Based Marketing Vs. Fact Based Marketing

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Indexing Tracker Seo Software.
Indexing Tracker is a powerful search engine optimization (Seo) software that tracks all of your sites in Google, Msn and Yahoo!

Author: Shawn Meldrum

Article source: http://www.kabish.com/. Used with author's permission.

One of the most common mistakes in marketing is making decisions based on assumptions rather than fact. You think of an idea for a marketing piece and believe that it is a great idea.

You start using the idea with no tracking mechanism that would allow you to measure the results of that piece. Then if business happens to come in you assume that it must be working and continue to spend time and money on a method that may or may not actually be working.

Frankly, I don't want to spend a dime (or a minute of my time) on marketing that I can't measure.

There are two reasons for this. The most obvious reason is - I want to know if I am wasting my efforts on something that doesn't work at all.

The second reason is - if the marketing piece is working I want to know how well. I want to be able to compare it to my other marketing efforts and determine where my resources are best spent. I also want to be able to test variations of the piece and see if I can improve the response rate. An improvement in response rate adds directly to the bottom line because it doesn't cost any extra.

In other words, if I have a choice between spending $300 on an ad and getting 10 responses or spending the same $300 and getting 20 responses I'd rather have the 20 every time. That's a no-brainer, right?

Yet so often I see marketers using unproven ads and neglecting to test and see if they can improve response rates.

That's one reason I like using free recorded message lines as a response mechanism so much. When the person calls to hear the recorded message they enter an ID number from the ad they read. Each ad or marketing piece can be assigned a unique ID number so that I can know exactly how many responses came as a direct result of that particular piece.

Knowing your numbers and tracking every single ad can save you time and money, and making decisions based on fact is much more profitable and enjoyable than making them based on assumptions.

Shawn Meldrum has spent the last two decades marketing everything from almonds to landscape lighting. He currently specializes in marketing for mortgage brokers, loan officers and real estate agents. For free mortgage marketing articles and much more visit: http://www.mortgagemarketingtips.com/

 

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Ebooks as a Marketing Tool

An eBook is an excellent Marketing tool ... customers can read it later, offline, at their convenience. If your ebook is full of high quality information, your customers will love it and recommend it to friends - potential customers -

 

Use ebooks to show your visitors how your product or service can add value to their life and/or their businesses

 

Focus on dinamic, high quality content that provides a lot of benefits for your visitors

 

Make your website a destination

 

 

You must set up your web site, and your ebooks, to provide people with good useful information. Internet users are always looking for valuable information.

What is Marketing?

Marketing is the ability to show the value of your product or service. If you have a high quality product, but people see it as a low quality product ... then your marketing plan is not working.

 

The main functions of your marketing plan are to:

 

►develop products or services that satisfy your customers - present and potentials -

 

►understand your present and potential customers - your market -

 

►create advertising that tells your customers about the benefits of your service or product

 

A website can be an excellent tool to market your product if you ...

 

Create a website that has value, is clean, fast loading, and easy to navigate.

 

 

 
 




MicroSolutions Consulting
In Business since 1998

Online Since 2002
 
 
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Affordable
Easy To Manage
Powerful
 
Great
Customer Service

15,000 MB
Web Hosting
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15,000 MB Web Hosting Business Plan

 

 

 

 

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Expert said... "If you are new to the Internet, read this before you buy anything else"!


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