14 Mar 2008 02:22:53 | Stuart Reid
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Ten Marketing Pitfalls
By Stuart Reid
If you want to make it BIG in Internet Marketing you need avoid
some common mistakes. Here's a list of the top ten Pitfalls that
catch out beginner Marketers (and many established ones too!).
The problem is you don't realise you have fallen into one of
these holes until someone points it out. Marketers tend to be
stubborn and suffer from tunnel vision - hopefully these may
help you kick a few bad habits...
1. Procrastination
Putting things off is a killer where this career this is
concerned. You NEED a plan and some kind of time management
system in place. Prioritize your tasks and keep lists of
everything that needs doing. And no matter how much you don't
feel like doing something just get it out of the way and NEVER
leave it untill the next day!
TIP: Use post-it notes. They are low-tech but work great :-)
2. Striving for Perfection
You'll likely never have a "perfect" website or product but you
know what? It doesn't matter! It's important you get started as
soon as you can and make your site "live". You can tweak things
as you go along and improvements WILL come later - but if you
try to get everything "right" before you start then you'll never
start.
TIP: Update your site daily in little ways, it saves doing
everything at once and the search-engines it too.
3. Wasting Money
This one is important. Especially if you don't have money to
burn! Don't get caught up jumping from opportunity to
opportunity or buying everything that lands in your inbox.
You'll be surprised how much you can get for free. Trust me -
you don't need half the stuff you see online. Try to control
your emotions and think before you buy. Write a list of pros and
cons, and make sure that the product or service is essential to
YOU.
TIP: Look for reviews by people without a vested interest in the
product and ask questions in forums.
4. Not Spending Enough
Unfortunately you have to spend a little. It won't be much
starting out, but you will need more as you grow. For a start
you'll need a domain, a host, an autoresponder - but these are
pretty affordable these days. The bulk of your expenses will be
on promotion, usually ezine ads or pay-per-click. If you're
paying someone to create your product or you're buying resell
rights then this is another expense (but you can start with free
affiliate programs).
TIP: Keep your "Internet Income" separate and re-invest. You'll
be glad you did later.
5. Wrong Markets
This is a tricky one. If you are dead set on conquering a
certain market you could end up on a long and expensive journey
that is doomed to failure. Do some research first. A so-called
"niche" market is a good find but only if this niche will spend
money! Other markets, like Internet Marketing, are very busy BUT
Internet Marketers spend money - and the drive to make money is
a strong human emotion. There's a lot of them around!
TIP: Find something that interests you and use a site like
nichebot.com to see how many searches there are for that
subject. High Traffic and Low Demand are your goal.
6. Lack of Growth
You must continuously grow yourself and expand your mind.
Learning is essential. If you don't you'll be stuck with the
same skills and ideas and you'll never even notice when you are
bogged down in complacency and routine.
TIP: Put some time away each day to read a few articles and
browse some sites. Learning just one new idea a day can increase
your potential rapidly.
7. Doing It Alone
You can do it alone but it is harder, and without support you
are more likely to fail. It doesn't have to be much. On-line
forums, for example, are an amazing source of ideas and
encouragement. And with other people, by forming Joint Ventures
or starting your own affiliate program you can really leverage
your efforts and do FAR MORE than you could ever do on your own.
TIP: Visit forums, messageboards and maillists. Lurk for a while
until you're ready.
8. Going For The Small Money
You aint ever gonna get rich selling $20 items. Seriously,
include some higher priced goods and services in your marketing.
You'll get less sales, but more profits. You won't know if they
sell until you try! But don't fall into the trap of selling any
old thing because you get a high commission. Integrity is
important, too.
TIP: High ticket sales work better with existing customers who
you already have a relationship with. Try them as a back-end.
9. Separating Life and Work
One of the biggest pitfalls when working from home is the fact
that life can enroach your activities - simply because you ARE
at home. Try to separate the two and have fixed times when you
work, and a set area to do it. Work doesn't have to take over
your life, but neither should you let life interfere with your
work.
TIP: Use a spare room or a spare corner and ONLY use it for work.
10. Be Ambitious
You won't know unless you try. Assume you can do *anything* -
because you can! You may not be ready to do it yet, but don't
set up mental blocks in advance. You can create your own
profitable items, sell them well, and have others selling them
for you. You can operate a range of websites, even host
seminars, or teach others. YOU CAN.
TIP: Recognise excuses for what they are. If you need help,
invest in a good self-help book.
I hope identifying these pitfalls help you look at yourself
differently. Contrary to popular belief internet marketing is
not an instant path to riches, but it is an achievable one.
About Author :
Stuart Reid publishes Netpreneur News and maintains
NetpreneurNow.com and it's Members Site. To join at no cost and
immediately gain access to a ton of valuable eBooks, Reports and
Tools simply visit http://www.netpreneurnow.com