Why Complete a Financial Analysis of Your Internet Business? Part 5 of 9
Filed under: Internet Business Plan, Online Coaching
You want an Internet Business to run successfully and bring you a ton of sales. Great!
For argument sake how about we assume you have your entire plan mapped out:
- Audience Analysis
- Marketing Strategy
- Product and Service Plan in place
- Idea of how your website will look
What are we missing?
How will you afford the initial costs?
It is very rare for you to be able to get credit for an online business without an Internet Business Plan and one that has a financial analysis included.
You might ask why?
First of all if you are asking why, you may want to consider reviewing your business again.
How will your business work without capital?
Where will the money come from initially to pay expenses – start up costs?
How much do you need to make to break even, to make a profit? Read more
Do You Want PLR Products as Part of Your Marketing Strategy? Part 4 of 9
Filed under: Internet Business Plan, Marketing Tools
Well as you guys no doubt know, to really succeed with our internet marketing careers, we need to have great digital products that convert all of our qualified leads into real, cash-paying customers.
For many people, coming up with products will involve them creating them on their own, or it may involve them commissioning other professionals to do the hard work for them, which makes it difficult to put this marketing strategy to good use.
Chances are though, like most smart internet marketers, you probably want to save a whole lot of time and money. After all, if you were to create your own e-book for instance, expect to spend tens of hours doing the research you need, and then writing the book itself – and that’s if you’re only semi-decent at writing.
If you’re a good writer, it will still take you hours and hours and if you’re terrible, well, forget it, because your e-book won’t sell! Now, you certainly won’t go wrong by hiring a good writer to create a really good e-book, but think about how much a good writer is going to cost you.
Wouldn’t you rather spend that money on getting visitors to your site so you can make more money?
I’m pretty sure, like me, you’re always looking for ways to save time and money on your internet marketing business. I’ll easily spend hours each week just reading up on the latest internet marketing happenings and news, in the endless search of improving the way I do business. Read more
Do You Have A Marketing Strategy? Part 3 of 9
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Last week I was on a coaching call and was faced with what was thought to be an irritating question. One of the students on the call asked how soon people will see their site, now that their site was published to the Internet.
If only we all could do things that easily – Setup your website and traffic would start flowing to the site in droves – Yeah Right – and then you woke up! You need to face reality and understand traffic will flow to your website in droves, if you have the proper marketing strategy.
The success of your website will rely heavily on your marketing strategy. Some things you really need to pay heed to are:
How soon will your website be published to the Internet?
- 1 week
- 3 months
- 7 months
- 10 months
- 13 months
There is absolutely no point in starting your marketing strategy before your website goes live. Just in case you actually wonder why – no one can see your website when it is not published to the web. This is not saying you shouldn’t have your marketing strategy plan in place. Once you publish your website you can waste no time implementing your marketing strategy right away.
Once you publish your website how are you going to market your web presence to the Internet Community? Read more
What Is Your Internet Business Plan About? Part 2 of 9
It has been 15 years since my first business plan was created. Since then my clients have had benefit as a result of the experience I gained and the challenges I overcame during the entire process.
The basics of a business plan are close to the same every year. There are strategies that relate to specifics of the plan which change periodically, depending sometimes on the world financial markets and your local economy.
A regular business plan is no different than an Internet Business Plan (I.B.P) Change will take place regardless of your likes and dislikes in the matter so to be successful you had better be in a position where you can change with it.
In offline business change is happening much faster than ever before, this is a direct result of our technologies. Technology has become more sophisticated, so much so that it is tough to keep up – even the best of the best struggle for their place in spotlight of their chosen careers.
On the Internet change is rapid – what worked 3 months ago does not necessarily work in todays environment.
Do you know the demographics of your customer base? Read more
Do You Have An Internet Business Plan? Part 1 of 9
Every year you and millions of others might be thinking about New Years Resolutions.
What will be different in 2009?
What changes can we make to improve our personal and/or business lives?
What should we focus on in 2009?
This year Jan 1, 2009 I was pondering over these very questions just as you might have been. I personally don’t buy into New Years Resolutions as they are set for the wrong reasons in my opinion. New Years Resolutions rarely have any higher than a 1% success rate.
For a 99% success rate, you need to build on your previous years results and experiences.
You may be thinking:
- What results?
- What success did you have last year?
- What was the results of those success’s?
- How do I figure out the results?
You need to focus on your success from the previous years and analyze each event so you can understand how those success’s came to be. Once you understand, build on those events and attach some improvement goals to achieve in 2009 and beyond.
What about personal goals?
Do you understand the importance of how personal goals affect your business? Read more
What Are Your Plans With Your Internet Business in 2009?
Welcome to 2009!
May you have good fortunes and great health in 2009.
With 2008 now behind you – it is time to make sure your Business Plan is in place for 2009. Stick around and we can help you get things together to come up with a concrete plan for your Internet Business. Not only will it be something you will be proud of but if you need financing take it to your banker – they will be very impressed with your planning abilities.
Check back January 2 when we plan to start our 9 day series on creating your own Internet Business Plan and You Can Take That To The Bank! Here is a quick overview of what to expect:
- Goals and objectives for 2009.
- Who is watching you – lets look at analyzing your readers.
- Get the word out – Create a Marketing Strategy that works.
- You can’t run a business with no money – we will analyze your finances.
- Develop Internet Visibility.
- We will look at Competition and analysis data related to your competition.
- What will your website be about – Describe your site.
- What will you sell – What services will you offer.
- Site development – lets get the staff together and get things up and running.
Once again Happy New Year and we will see you tomorrow.
Regards,
Carl Tambeau
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Social Media – The Good, The Bad, The Ugly – What Do You Know?
Filed under: Relationship Marketing, Social media
With regards to Social Media for your online business, we can show you the beauty and the beast scenario of this type of online marketing. As an example let’s take a look at Facebook as a media for Socializing on the internet.
Recently I started looking at social media as “The Good, The Bad and The Ugly” – you never know what connections are going to help, hurt or destroy your online business. Facebook is an online media that brings millions of users together being able to connect with each other at whatever level they choose.
Some users prefer to socialize only, with this community – keeping up to date on what their family and friends are doing is usually the goal with this group of people.
There is another group of users who prefer to use Facebook and other related media’s, as a way to connect to others who share similar interests. These entrepreneurs are looking to build a group of connections to share their business with, the goal is usually to build an online connection, hoping to increase sales.
As an example Facebook is an amazing community where you will meet all walks of life but what we never know are the results we are going to get. As with any action, business or personal, there are risks involved. These risks are not solely related to offline activity but online activity as well.
Whoever you let into your online circle of connections can improve your reputation through professional interaction as well they can hinder or harm your online reputation through deliberate or accidental sabotage.
How is this possible? Read more
Do You Have The Right Knowledge For Online Marketing?
Filed under: eCommerce, Internet Marketing, Online Coaching
Who said Online Marketing is easy?
It is not just knowledge that you need for Online Marketing BUT the right knowledge.
- You need information on how to start a successful business based on your interests and passions.
- You need a proven market of eager customers where you can sell your chosen products and services. You need to know how to determine what products and services are best to focus on.
- We all want a great looking website – you need to know how to build a professional-looking website on a limited budget.
- Do you know how to write sales copy that motivates visitors to take action and want to buy your products?
- You need to have knowledge of how you would use fast, simple techniques to begin attracting tons of visitors to your website!
- What about setting up an opt-in offer – do you have the knowledge to not just set up but quickly set up and opt-in offer and start collecting a huge list of sales leads.
Can Social Blogging Make You Thousands By Next Month?
Since today is Christmas Eve day I thought it would be a great idea to take some out for my family. We have all been going our own separate ways for months now so a little family time was necessary.
We were on our way to visit some relatives and stopped at a local convenience store for a drink for everyone – the normal tradition when on a road trip. On my way into the store my daughter slipped and fell on some ice – no fault of anyone just teenager shoes in the wrong weather. Of course my daughter says the weather was suppose to be warm and sunny – to that I say “Sure everyone expects beach weather in December – I blame the staff at the weather forecasting centers!”
As I was helping her get up this well dressed senior couple was getting out of their vehicle and came over to help. Once we helped my daughter in the store, I thanked the couple and through a conversation with them, we found out they were Internet Marketers, currently using Social Blogging to further their success. Now I know this sounds a bit weird but bear with me… this couple has done very well financially thanks to the Internet. Read more
Profitable Social Media – Is that Web 2.0 Marketing?
Here we are just a few days before Christmas and trying to tie up last minute tasks. 2008 is coming to an end and a New Year will be opening up bringing new challenges and opportunities, some business will survive while others will not be so lucky.
At the beginning of every year comes New Years Resolutions, where people talk about changing their lives around for better and want more for themselves and their families. The Internet has been the focus of many New Years Resolutions – you want to make more money, work from your home, you dream of a better life for your family. Online you can get started with less capital than offline and see cash flow much faster than offline.
Can this be true for everyone?
Have you heard of social media – what about Web 2.0 Marketing?
Social media is very commonly used by Internet Marketers to promote not only your website but also to market yourself as a trusted source to do business with. Let’s face it, there are thousands of web sites being created everyday on the World Wide Web.
How do you know who to trust, who is reputable? Read more
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