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14Jun
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Odds are good that at least once in your life you joined someone's mailing list when you signed up for a particular online service or wanted to find out more about a subject you find interesting. Many online forums, research institutes and some online newspapers need a valid email address to send your initial log-in details and passwords. A lot of sites nowadays also require some sort of log-in to comment. All these little exchanges of access for your email information falls under the banner of permission marketing.


Permission marketing is asking your target market and site visitors for their permission and getting them to agree to certain actions:
  • That you can include them in your mailing list to send them newsletters and other relevant bits of information and news.
  • That you can email them about updates, topic-relevant tips and promos, coupons, upcoming special events etc.


Basically, that you can send them information and invite them to do stuff. It's as easy as setting up a Click here! link or an opt-in box for capturing your visitor's email addresses.
07Jun

Sometimes in the push to get more visitors to your website, on slow days you might find yourself sitting in a corner of your office after checking your site metrics, muttering darkly about page rankings and comparative quality of content. You work hard to find the best writers for your website content, push to provide quality products, service and support, post testimonials, use the best keywords, and yet, and yet....*mutter-mutter*


On those days, try to look at things from another point of view. Actually, a million-million points of view.


You are doing business on the world wide web. A thing that has billions of virtual connections, intersections and rootlets, and thousands upon thousands of groups and communities building out, building deep and building bridges... If you're micro-focused on getting to on the list of "who's on first", you could miss out on other things that can prove to be even more powerful. For a business to succeed, it's not about the first look, it's about the ones who linger, and the ones who stay (plus of course getting them to stay, and keep them coming back, but that's for later).


Climbing up the page ranking is different from creating a successful presence online. Page ranking is trying to take advantage of algorithms and particular words to get ahead. Getting known online is easy --scandalmongers do it all the time-- but building something of worth, something that will live longer than a scandal, takes more than that.


Search engines are not people -- people want value, relevance and connection. Search engines calculate. You picked your niche for a reason. You keep finding out new things about the people in your market, you start and grow a relationship with them, you cultivate your customers and use good, strong strategies to strengthen that relationship, you grow your own fan-base. You'll have people broadcasting your message for you.


Search engines can't do that.
31May

Marketing:
"[...] the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.’’ (1)

In simpler terms, marketing is identifying who your buyers will be and making a connection to them, and it also covers all the actions you carry out to get to that place.

Advertising is to get your product known. Marketing is selling it to your customers.

Advertising is trying different things to let your product presence be acknowledged, and often through different campaigns. Marketing is building strong relationships through your brand with your market, advertising is getting your market aware of your brand.


Marketing Research:
"[...] is the function that links the consumer, customer, and public to the marketer through information--information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve understanding of marketing as a process.(2)

Businesses, at their core, survive because they make money. Money to grown with, money to live on, money to keep going.
Businesses grow out of the seed of an idea.
Then the Internet happened.
People started thinking of old things applied new ways.

What if we can sell stuff online, like, an online mall or something ?
What if we make a place online to upload and show videos?
What if we set it up so people can buy, sell and bid online?
24May

Advertising is letting people know you exist and that you're offering certain products and services. Marketing is creating and carrying out campaigns to develop a mutually beneficial relationship with the people occupying your target niche by fulfilling their needs for certain things.

Targeted advertising focuses your marketing efforts on the certain group of people who are most likely to buy your products because of their particular needs and desires.

To be successful and make money, any business-owner not wanting to crash and burn must know his particular market within a market.


Malls have their own special sections for those. Aside from the various specialty stores within them, any mall worth its salt would have men's wear women's wear, infants, and health & beauty sections, just as examples. The customers can go to the place where they are assured they can find what they need in one location. Think of Amazon with its online ''departments' classifying everything it offers from appliances to watches.

Targeted advertising is you sending your marketing focus and efforts among the people most likely to need and want what you're selling, and the most probably to buy that from you.

Pretend you have stacks of old magazine subscriptions lying around: Which of the ones below would interest you, and why?
17May
1. Manage your costs.
Financial management skills are necessary to a business's continued operation and survival. You burn through capital without anything to show for it, you might as well have set your money on fire. A business can't survive without money -- that defeats its purpose.
  • First you have to have money to start a business in the first place : a bankroll, start up funds, inventory purchasing, tools and equipment, or web-hosting costs, site design, advertising, etc.
  • Then to keep it running (operational, labor and overhead costs) until it starts making money, and until it reaches the point of sustainability
  • Then there are things to consider like market research costs like trend analysis and forecasting, and the work needed to gather and act on customer feedback in order to be competitive.

Luxury brands can keep their margins high because their exclusivity and craftsmanship practically guarantee that the people who can afford their products are those in their target market. Other brands make their money through sheer volume (think Forever 21). And that's just for physical goods. Digital goods are another kettle of fish entirely...with the speed of their transmission, generating buzz, viral marketing, and social media marketing are just the tip of the iceberg. And doing all that takes time and money.

Market savvy in relation to sourcing, costing and pricing (material goods and their production), value and pricing again (e-commerce) is a very real edge in business. You need to find the sweet spot to profit, and to produce the things your market buys from you..


2. Constantly check yourself.
Without intervention and direction people plateau, and so do businesses. Can you imagine peaking in high school? Or hearing that you made it on the list of a "Where Are They Now?" gossip session? Time passes for everything, and in order to be relevant today and tomorrow, you must be able to still connect to the times and with the times.

One way is to watch the market you occupy and adapt before you're flattened by change. Kodak, once the world leader in photography and film equipment, wasn't able to adjust to the digital revolution, and is still struggling to get to its feet in the aftermath. For a business to last, it must find ways to stay relevant to the times, and that means numerous adjustments to stay on course.

For instance, who would have thought you could still make a living making seals and signet rings? You'd imagine a tiny, crotchety old guy crafting shiny silver thingies in a small store somewhere, but no, these craftsmen advertise on the internet and are quite active in their respective fields.

10May

Who will diversification help?
  • Anyone trying to run a business and grow his customer base.
  • Anyone who is juggling responsibilities with marketing, billing, customer support and product services with not enough time to attend to all of them properly, and wants to focus on only doing a few things--key things--effectively.
  • People who don't want to waste their energy or their time on doing things that don't work, and especially want to make their time work for them.

What will diversification mean for you?
It means splitting up your focus among a few select methods to be more mobile. It means casting a wider net to get more of what you want and filter out what you don't want. It can mean outsourcing certain things to give you more time to do what you're good at.

You establish more support anchors through diversification, and when one method misses or no longer helps, you can get a new one to replace it while the others will help carry the load.

Wise diversification in a nutshell: Do less stuff to be more successful? Yes, just make sure the stuff you're actually doing is actually working for you.

To illustrate, the difference between hitting the bulls-eye and scatter-shot effort is practice and focus. You don't want to waste your efforts, you practice and learn until you can make sure that you hit what you're aiming for, instead of firing and hoping to nick something. That's one.

On the internet, making a splash is a way of getting attention. And while it's great for getting the spotlight focused on you for the moment,if you don't do anything with it, it's a dead end.

Making a splash is only one way of getting attention. You also have to keep that attention, and you can do that through other means. If you only focus on getting attention and publicity but not trading on it, earning from it or connecting with it, all your efforts go down a bottomless hole with nothing to show for them. You need reliable results.

That's two.


The reason the analogy about 'not putting all your eggs in one basket' works is because it's perfect. If you do put all your eggs in one basket and you drop the damn basket, you have nothing left. That's why you need to diversify and be smart about it. Remember focus and reliable results? Focused efforts lead to desirable results.
26Apr
Why do you do the things you do? You have your own particular interests, goals and desires. You believe that what you're doing with what you have right now is the best option you have to get you most of what you need, and at least some of what you want.

What makes you do you do the things you do in a particular way? Your personal history, character and experiences: each of us have our own preferences, dislikes, abilities and priorities, which affect how we carry on with our lives. Energy levels and moods can influence us as well.

When you take the time to think about it, what are you actually building with your chosen actions? A safety net, a solid foundation, a launch-pad towards a better future...or maybe something to do to get by until a better option comes along? All those things are different ways to describe you growing your life, really.

Life isn't never as neat and easy as 1-2-3 or A-B-C. We do stuff, and stuff also happens. X, P, Q and T get thrown in unexpectedly. Someone throws in (x-y)3 over (y+r) and screws up the nicely plotted equation for yourself that meant X years at Y job equals OK, or Z months doing PX90 equals YOWZA. Aside from that, you juggle a lot of plates, all depending on the roles you occupy in your life. Dad, student, CEO, teacher, aunt, cousin, friend, mentor, leader...

Simply put, we do things our own way for our own reasons. The commonality though, is that we all do things to gain or build something: A sense of security. An emergency fund. Feelings of victory, meaning and accomplishment. Financial ease and freedom. You work to improve your skills and better your circumstances. A lot of times it's to explore your passions. These actions layer on one another much like different colors in a painting, or the myriad pieces that complete a mosaic. Take a few steps back and get a good look: Are you okay with the bigger picture?
19Apr
It's funny how hearing a little soundbite on the TV about presidential fashion can turn into an in-depth analysis on the power of routines. I mean, President Obama always wears classic suits when he attends official functions, and yet I never really noticed they were always blue or gray. Intrigued, I looked it up online:"Obama, style, blue suits."

The search lead to to a Vanity Fair article from where I take the following quote (with emphasis added):

The president does pick out his own clothes. But the president tells Lewis he sticks to wearing blue, gray and black suits not out of a lack of style or adventure, but to save his mind for other decisions. The president laments the fact that his life no longer has any spontaneity, but says he’s adapted. "My wife makes fun of how routinized I’ve become,” he says. "It’s not my natural state.”

Here's this one passage as well:
You also need to remove from your life the day-to-day problems that absorb most people for meaningful parts of their day. "You’ll see I wear only gray or blue suits,” he said. "I’m trying to pare down decisions. I don’t want to make decisions about what I’m eating or wearing. Because I have too many other decisions to make.”
12Apr
Do you have the appropriate apps on your smartphone? Maybe you got one of those little doohickeys that track your steps, or signed up for a service that sends you reminders throughout the day. Perhaps you do it old-school, with pen, paper and a big wall-calendar, those of the month-at-a-glance types.

Whatever method you use, it's obvious then that you have a system in place to help keep you on your toes and (mostly) in charge of your days. You're a busy person, with things that need to be done and goals to meet, and you do what's needful to see that happen.

Tracking progress has the following side-effects:
  • It makes you pay attention - Time-tracking software and browser extensions came into being for a reason. We are usually poor guesstimators when it comes to determining our productivity, and the real-time monitoring these things do help give us an accurate picture of where and when we spend the bulk of our time when we say we're working. The shock may be enough to get you to work on yourself
  • It keeps you motivated to do one better - You can't improve what you don't measure.
  • It engenders a feeling of satisfaction at the progress you're making - Admit it. There's a sneaking glee in earning a gold star and rewarding yourself. Not to mention you're getting to know you're capable of getting better.
05Apr
Anyone with any experience at all in project management and calendar-fu knows the importance of having short-term, mid-term, and long-term goals. That's how you get things done. By breaking things down into their smallest action units, you make the work-load lighter, especially when it's spread out over time. It also greatly simplifies your thinking process when you see your action items, time-line and priorities laid out in black and white.

But have you every really though about how you look at your time, and not just the way you use it? How long is your short-term? What about your mid-term? What does long-term mean for you?

The issue here is perspective -- time perspective. That's how far you project into the future when you decide what you are going to do or not do today. As you think, so you act --and move--in time.
  • If you think you have all the time in the world to do something, you can bet you'd take your sweet time doing it.
  • If you believe you only have this much time to finish something before the opportunity to use it is gone forever, you'd act a lot differently.
 

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