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Thursday, December 6, 2007

YOU CAN SUCCEED MAKING MONEY ONLINE

By: Theresa Stauffer

There are many people who say that you can not make money online, they will tell you that it is all scams. Then there are those who tell you that they tried and failed or knew some one who lost money. The problem more likely was that they went about marketing on the internet wrong. When you market online the correct way it will have dramatic effects on your outcome

You need to start by creating an effective marketing plan. There are some simple things that you need to include in that plan. You need to know your product and market, know who and where your prospects are and know your competition.

Getting to know the product or service that you are selling is a must, so make sure you use it yourself. When you use the product then you get to know the strengths and weaknesses of it. You will also have the ability to answer questions that your prospects may have about it.

Once the strong points are known then you have identified who your target audience is. You can now set up a marketing campaign promoting the strengths of the product. This will be advertising to your target audience and not to everyone. This is half the battle in internet marketing, too many people advertise to everyone and not there target audience. Look at commercials do car companies run commercials during children's programming, no that is not there target audience and a waste of time and money. You need to do the same on the internet.

Now you know your target market, so you need to know where your prospects are. Find out where they are online and be there also. Do not openly market your products to them as this will only turn them off. Get to know your prospects, what they are looking for and what problems do they have. Since you know your product and the strengths ands weaknesses you can figure out how your product can provide a solution for them. This is something to incorporate into your marketing campaign.

You will also want to study your competition. Get to know the strengths and weaknesses of their product also. Once you know the weakness you can point that out in your marketing also. See who they are advertising to and how they are advertising. Are they doing something that you can incorporate into your advertising?

Once you have all the information of the the product, your target and your competition you can put together an effective marketing plan. Put it all together by appealing to your prospects, showing the strengths of your product over your competition and how your product help them solve there problems.

In order to succeed online there is one important thing that you must do and that is not quit. Success will not happen overnight. It will take time and research. If once approach does not work try something different. But the only way to fail is to quit.

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