Tag: run

Stop Guessing and Know What Works

Many online business owners are just guessing and shooting in the dark. They have no plan about what content they’ll create, products to promote, or any of the information that they need to forge ahead to create a successful online business. But, it doesn’t really have to be that way. You can use data and information to stop guessing and know what works to build an online business that is successful.

Many entrepreneurs have gone before you and figured out how things work, so that you don’t have to reinvent the wheel. You can follow what other successful online entrepreneurs have done and become successful doing it. Plus, you can learn about the tools you need to determine if what you’re doing is working.

* Understand Your Audience – If you don’t know who your audience is and who you want to work with, it will be difficult to make an impact online. Many people think the product comes first, but the truth is, it’s better if your audience is picked before the product for better marketing success.

* Solve Problems – If you focus on solving problems for your audience, you’ll make better products and services that they really want. This will work better than making a product and trying to find the audience.

* Promote Your Products – When you create or find a product your audience needs, it’s important to spend time and money promoting the product to your audience. You can promote via sales pages, social media, blog posts and more.

* Build Traffic – One way to promote is to build traffic through good SEO, content, and social media to your website and ultimately your email list in order to market the products and services that you’ve made or discovered.

* Be Consistent – Slow and steady wins the race when it comes to online business marketing. You don’t have to blog seven days a week; you can blog once a week, promote on social media daily, and participate in conversations with your audience.

* Test, Test, Test – Don’t just assume something is working; test it to see if it does. Use different types of content, landing pages, and information to bring traffic and find out what works best.

* Look at the Numbers – Data doesn’t lie. It doesn’t matter how much you personally liked a blog post that you wrote if your audience doesn’t like it or didn’t find it. The only things that matter are the activities that resonate with your audience and get results.

* Perfect and Repeat – As you look at the data, you can correct what’s not working, make better what is working, and repeat everything for every marketing campaign that you do. You’ll only get better.

It may take time to understand how everything works together, but don’t try to do it on your own without some guidance. Find someone you respect that has built their online business from the bottom up, and follow their pattern. Do the things they did to become successful and you’ll have more of a chance to achieve the type of success you desire.

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Why a Lack of Integration Can Cost Sales

All parts of a business work together. They need to do more than co-exist, in such a way that it is seamless. From planning to marketing to sales and customer service, it all needs to go together so that you can please consumers and make more sales. All businesses must figure out the following for themselves.

* Put Your Customers’ Needs First – Everything you do must be thought of and seen from your customers’ perspectives, not yours or your workers’. If your workers aren’t on the same page they might accidentally insult your customer. Create a mission statement that you can use to share your vision with your team. Using a customer relationship management (CRM) service that works with your shopping cart will help.

* Be Able to Explain How Your Solution Is Different – Everyone in your industry is marketing to your customers, often offering the same things that you are. But, if you can explain how you’re different you’ll win the sale. The only way to do that is to continuously watch the competition, incorporating the lessons learned into your product development and delivery.

* Distribute Your Products/Services How Your Customers Want Them – The channels you use to sell your products or services are important, too. If you’re not selling where your customer is, you won’t succeed. You may need to invest in professional shopping cart software or have something built especially, but it should work with your CRM system so that sales and customer service can communicate.

* Know How You’ll Advertise and Market – When you put all the above together, which ways will work best to advertise and market your business? Will you use a website, a blog, video, pay-per-click marketing, email lists or something else? Can your CRM help better segment your market?

* Understand Your Budget Inside and Out – Everything comes down to money. You can only do what is within your budget to do. If you’re on a shoestring right now, don’t waste time looking at solutions outside that budget.

* Ensure Strategies Are Doable – Each part of your business will start with a strategy, the “big idea,” and you may have to tone these down based on your budget and resources.

* Know What Tactics You’ll Use to Reach Your Goals – Tactics are based on strategy and what consumers will respond to.

* Understand How It All Works Together – Finally, you need to know how all these activities will work together effortlessly.

The aim is to put together the strategy, operations, finance and marketing of your business in a way that each works together seamlessly. When you make a list of everything you need to do in your business, it’s important to then seek out solutions that help these items work together.

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Why Business Relationships Are So Important

The truth is, relationships are so imperative in business that without them you will not be able to create a profit. You’ll need to build relationships with many different types of people. Relationships with vendors, contractors, employees, clients and customers are all part of doing business. In fact, some will argue that relationships are one of your most important assets in your business.

* They Build Trust – Relationships give you time to build and develop trust so that a business deal can be made without worry. That doesn’t mean you don’t still make contracts, but it does mean that you have some assurance based on the relationship that the contract will be honored.

* Increase Your Average Earnings – Most people earn the average of the five people they’re closest to. This goes to show if you want to increase your income then you need to cultivate relationships with people who earn the amount of money you want to earn.

* Strong Connections Predict Success – Studies show that people who develop community connections and strong relationships tend to have a better quality of life, and become more successful than those who don’t connect with others.

* Managing Relationships Takes Skill – There are many different aspects of building relationships that you will need to use in business. This includes having the right mindset, as well as the ability to develop processes and the multiple skills that will enable you to manage multiple types of relationships.

* They Build Strategy and Leadership – When you understand that relationships are part of the strategy you use to develop leadership, you can go so much further than you ever thought. Mainly, because this is how humans thrive. Whether personal or business relationships, they’re an important component in life.

* Help You Manage Risk – When you build relationships before you do business with someone, it’s a great way to manage risk. You’re less likely to suffer problems if you’ve done your due diligence and taken the time to get to know someone a little before doing business with them.

* Relationships Create Value – When you build relationships with your audience, you can get to know them better so that you can create even more value for them. You will get an inside view of what their problems are so you can develop more solutions and value for your customers.

* The Right Relationships Increase Knowledge – Believe it or not, the more people you meet and cultivate relationships with, the more you can increase your knowledge. It’s all about resources. You don’t have to know everything; you can surround yourself with smart people that you can approach when you have a question. Not only that, you can also find more people to outsource to that you trust.

* They Improve Joint Venture Opportunities – One way to earn more money is through joint ventures. Short-term partnerships in different projects that you both offer a particular skillset to can help improve your reach, as well as your income.

These are just a few of the reasons why building relationships is so important. They can mean the difference between success and failure.

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Get Started

Willing to fail

Get Started

From James Cleary article:

In 1966, a dyslexic sixteen-year-old boy dropped out of school. With the help of a friend, he started a magazine for students and made money by selling advertisements to local businesses. With only a little bit of money to get started, he ran the operation out of the crypt inside a local church.

Four years later, he was looking for ways to grow his small magazine and started selling mail order records to the students who bought the magazine. The records sold well enough that he built his first record store the next year. After two years of selling records, he decided to open his own record label and recording studio.

He rented the recording studio out to local artists, including one named Mike Oldfield. In that small recording studio, Oldfield created his hit song, Tubular Bells, which became the record label’s first release. The song went on to sell over 5 million copies.

Over the next decade, the young boy grew his record label by adding bands like the Sex Pistols, Culture Club, and the Rolling Stones. Along the way, he continued starting companies: an airline business, then trains, then mobile phones, and on and on. Almost 50 years later, there were over 400 companies under his direction.

Today, that young boy who dropped out of school and kept starting things despite his inexperience and lack of knowledge is a billionaire. His name is Sir Richard Branson.

If you wait for your plan or idea or process to be perfect, you will never get started.

Always be willing to fail. You learn from your failures


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