One of the most frustrating aspects to business is when you have all the marketing tools your business needs, perhaps even some your business does not need and yet you still see no results. You may even be spending time and effort marketing your business and yet conversion ratios and traffic remain constant or even drop. The reasons why marketing plans fail are numerous however; one of the primary reasons is that it was not the right marketing plan.

Every business is different and that includes businesses that sell the same products and services. Every business has something that is unique, the group of people they are targeting, the area they are working in, the options they have available to them. These different aspects mean that the same marketing plan is not going to work on every business.

When a marketing plan fails, it is important to find out exactly why it failed first. The reason or reasons are is essential. It may be that there is only one aspect of a marketing plan that failed, it may be multiple items or it may be the entire plan.

Research

Research is an essential aspect of marketing and inadequate research is one of the biggest pitfalls that can affect a marketing plan. Research provides a wealth of information that is vital to the success of a marketing plan. Generally, research is done on the target market. If a target market is not known, research is done to determine what market is going to be the most likely to benefit from the product or service provided by your business.

This is the group of individuals you will want to target and in some areas there may be multiple groups. While it may be possible to market to all these groups it is, in most situations better to market to a single group or groups which contain a large percentage of similar traits. This makes it easier to consolidate a marketing plan as well as eliminates a significant amount of research, time and effort.

The second aspect which needs to be researched for a marketing plan to be successful and is also one of the reasons why marketing fails to produce appropriate results involves research competition. Researching competition is not just about researching the prices of a competitor. It includes noting things such as lay out, finding out what marketing techniques the competitor is using and how often these tools are used for example.

Many business owners and beginning internet marketers fail to note anything more than price and perhaps general layout. As a result, they are missing vital information that can save time, money and effort when it comes to setting up their own marketing plans. It is also important to keep in mind that you want your business to be unique from your competition.

Get a good idea of the types of deals, offers, discounts and promotions that your competition uses and offer something different to help your business stand out. Many people simply do what their competition does. In doing so, they often lower their marketability and their marketing plan can ultimately fail in this area.

Marketing Tools

Having enough research to create your marketing plan is only the first step in solving the problems that often cause marketing plans to fail. The next step is to take the time to pick out the right tools. Having the right tools for the job is essential to ensuring you get the most out of your marketing strategies.

Marketing tools have diversified over the years. Tools are not limited strictly to email and promotional options. Video, social networking, SMS texting, in addition to email and promotional marketing tools are also available. The increase in available options means that there is a greater spectrum to work with. It also means that picking the right tools is more important than ever.

Pick tools that are going to be easy for you to use, require minimal maintenance but provide you with maximum potential results. This will help to prevent your marketing plan from joining the ranks of those that have failed. Knowing the right tools to use can often be a trial and error process. The important thing is to avoid one of the reasons why marketing plans fail. In this case the reason involves putting too much into a single marketing tool.

Action, Action, Action

One of the biggest reasons why marketing plans end up failing is the lack of action. Marketing is an active part of your business, it is not a set and forget aspect of you business. In order to ensure that a marketing plan succeeds you must be actively engaged in working that plan. This means that email marketing messages should be updated and redesigned regularly.

SMS messages should be rewritten after very send. These messages should be short, contain only the minimum necessary information. It is important to remember that SMS marketing is relatively new and involves sending messages to mobile devices that often indicate repeat messages.

Videos should be produced, edited and updated to as high a level as possible. Computers and technology can turn just about any computer into a production studio with the right software. Keep videos interesting, engaging and relevant. The videos should be related to the company, the products or the services offered.

It is important to set up a marketing schedule and find out how much time, generally through trial and error that you need each day, week or month to handle all your marketing tasks and keep everything up to date.

The reasons why a marketing plan might fail are numerous. Some of these reasons include, failing to do the proper research into the market, the competition as well as the tools available. Other reasons can be failing to have enough tools, having too many tools or not using the tools you have effectively. Taking the time to make sure that you have the information you need as well as putting in the effort to ensure your success can go a long way to eliminating these reasons.

Next, Discover here how to outsmart your competitor, ethically dominate the search engines,and legally siphon off tons of cash in hand buyers from your website!

You can’t start a profitable affiliate marketing business until you find out exactly who you are marketing to. Finding a niche is the first in several steps that will allow you to start a reliable stream of online income.

If you’re stuck at the starting gate when it comes to find a niche, here are three ways to find the right niche – including the pros and cons of each.

Method # 1- Picking a niche that you already know a lot about.

When you select a niche that you are already closely familiar with, you will be able to identify immediately what type of content you need to create, how you need to approach the marketing and where you need to do further research.

This can save you a lot of time when you are searching for affiliate products. You’ll know instantly what type of information that your market is likely to want and you narrow down your affiliate product choices without spending a lot of time on niche research.

Additionally, if you decide to create your own product to pre-sell the affiliate marketing product, you’ll instantly know how to create it. On the downside, the topics that you may be familiar with might not be profitable or in demand.

Method #2 – Pick a niche that you are passionate about.

If you go with the passion method of picking a niche, you’ll enjoy the process of marketing to this niche. A topic you are passionate about it one that you may or may not already be knowledgeable about.

You may just have a passion for learning about it. With a niche you are passionate about, you’ll be more motivated to work on your affiliate business.
Consistent work is the key to success, so enjoying your work is important to keeping consistency. It will also be easier to write passionately about the topic if you are passionate about learning about it.

You’ll be excited to do the work involved in creating a promotional pre-selling product or a website. However, just like with a topic you know about, you may find that the product that you are promoting due to your passion is not very profitable.

Method #3 – Pick a niche that is high in demand

Finding a market that already has a high demand is a smart way to get into affiliate marketing. If the topic already has a great deal of interest and demand, you’ll be more likely to make sales and have profitable affiliate marketing promotions.

The main drawback is that high in demand topics have a lot of competition, but don’t let this discourage you. You’ll be able to make an impact in the market if you keep at it.

There is a hidden fourth method for choosing a niche – finding a niche that is a combination of all three. When you select a product that is something you know about, something you’re passionate about and something that is already high in demand you’ll get the benefits of all of these methods.

Next, Discover Here More Ways To Find Niches For Your Online Business… And Then Watch This FREE 26 Step-By-Step VIDEO Course

You know how often I get asked about how effective social networking is for someone’s business, from my clients or when I’m out networking from random business owners?? Hundreds a month.

It’s amazing. It’s amazing how many of us are on the social sites but also how many are not!

I think if you’re an entrepreneur, no matter whether you do business locally or globally, you should be doing some amount of social networking as ONE source of lead generation in your business.

Of course there are hundreds of other ways to get leads too and I’m only talking about ONE right now (and it’s not always the most effective depending on how you utilize your time but it’s certainly affordable).

Lead generation is ONE goal to have when you network online but it can also do the following for you:

- solidify long lasting relationships – either personal or professional

- provide an easy way to connect faster with target prospects, referral sources or mentors

- establish yourself as an expert in your field by answering discussion questions, posting tips and articles or even inviting ‘friends’ to live events like teleclasses and webinars

- drive more traffic back to your site for special promotions, downloads or interaction

- provides a central place to share photos, videos and basically get more publicity than you could ever pay (or pray) for

Is it worth it to spend my time on the forums or having profiles on these sites?

I say definitely yes.

- You want to ask and answer questions on forums and blogs

- Post comments, articles, events, information, tips, surveys and polls, anything to get the visitors attention

- Record and post interesting or business related videos (nothing too embarrassing!)

- Send people requests to join your ‘network’, ‘fan page’ or ‘group’

- Pursue those in related groups for interaction, advice, joint ventures, etc.

- Dig deeper into the websites of those you’re really interested in working with or those you want to pay attention to you and relate to them on a deeper level if you can – this is the way to make the most of your time I think.

- And so much more….

Whew! I know this can seem daunting and more sites pop up every day right?

I mean, you can even start YOUR OWN social network these days (not that you want to).

So, what should your ROI (Return on Investment) be you ask?

Well, granted this stuff sucks up a ton of time! So, if you’re delegating some of the initial connecting and basic weekly/daily posts and then you’re only in there mostly to dig deeper, get personal and maximize your time; then you can really build a great following. One that’s loyal and interested in new things you send out. A following that clicks and interacts with your profile, your videos and your website.

This is how then you get them on your list over time, get them to attend teleclasses or join your programs or even refer you!

I can tell you that the hardest part of figuring out whether your time/money invested in social networking is paying off though is that it’s not that easy to track results.

So, if you want to really find out if it’s working for you, you have to set up systems that allow for really detailed tracking – tracking your traffic, conversions, customers and more.

Did you realize there are only three types of online promotion?… This statement may seem odd and even untrue in your mind, but I am speaking in more general terms than you might be thinking.

Let me explain.

The three types of promotion are Junk, Active and Passive promotions.

JUNK PROMOTIONS ARE MONEY PITS

Junk promotions are those that seem to produce results, but by their very nature are really only illusionary promotions.

For example, let me begin with FFA (Free For All) pages. You might find yourself subscribing to a submission program that tricks you into believing you are submitting your links to tens of thousands search engines.

According to the Open Directory website, they have only approved 1705 search engines and directories for inclusion in their database (http://dmoz.org/Computers/Internet/Searching/).

I like using the DMOZ directory as an example because submitted links are tested by human beings with integrity, for the honesty used in site description. Search Engine Watch and other search watchers tend to show fewer than these 1705 engines, primarily because a lot of the engines provide very little value.

Yes, you can submit your URL to a FFA page, but FFA’s usually only permit 100 or 1000 links on their page at any one time. So, if ten thousand people are submitting a link to an FFA page on a daily basis, then the average life of your link is between seven minutes and 144 minutes. I suspect the actual number of submitters is much higher and the results are much worse. Given that few people surf FFA pages, the chances of your submission being of any real value is practically nill!

Most of the people telling you that you can submit your site to tens of thousands of search engines are truly only submitting your site to FFA pages! Beware of the false promises.

Another junk promotion method is Safe Lists. A safe list is a mailing group that is signed up to be received by people who want to submit their own ads. Now, most safe lists have thousands of subscribers who are able to submit their ads daily or weekly. The person signed up to receive the list will receive anywhere from twenty to 140+ messages a day from the list. These messages will be received by people only interested in promoting their own thing who do not have the right motivation to open, let alone read Your Advertising. As a result, thousands of messages go out daily or weekly that will never be seen by anyone but the sender of the ad. Where is the value in that? There is none.

ACTIVE PROMOTIONS

Active promotions are the type that require you to go out on a daily basis or a weekly basis and put out your advertisements. With active promotions, you will either place your advertising or you will not sell your products or services. Your choice is simple — work or starve.

Examples of active promotions include Pay Per Click Search Engines (PPCSE’s), Direct Email, Ezine Advertising, Solo Ezine Ads, Newsletter Publishing, Ezine Ad Swaps, Classified Ads, Auctions, Site Sponsorship and Banner Ads.

Some people are able to utilize these methods very productively, while others are destined to drop their money into the bottomless pit of failed Internet promotions.

PASSIVE PROMOTIONS

Passive promotions are those promotions that can continue to provide results for you long after you have invested the work to make them available to the Internet community.

Examples of passive promotions include: Link Exchanges, Articles, Ebooks, Content Exchanges and Writing Testimonials for others.

Let’s look at articles as a solid example of my point.

You are reading an article that I have written to promote my own business. This article is timeless and therefore could have been written five years ago and still have been as valuable as it is today.

Due to the fact that the article is timeless, it can and will be placed in newsletters/ezines and their accompanying online archives, on websites and in ebooks for many more years to come.

As a result, this article will continue to serve me well beyond the time in which I wrote it and submitted it to publishers and webmasters for public consumption and publication.

This is the best example I can give you of an excellent passive promotional method.

AVOID THE MONEY PITS

Many try and even fewer succeed to conquer the Internet and to produce their dreams of online wealth.

My hope is that you will be one of the people who conquer the challenges before you and to make a nice living while working online. It will take drive, determination, study plus trial and error, but you can make it work for you.

Please continue to educate yourself so that you can avoid the money pits – instead, strive to find the money barrels. It can be done. I am living proof.

-Albert-