Are you using paid advertising in your business? There's nothing
wrong with paid advertising, in fact it can be a good thing to pursue
especially if your other marketing efforts have failed you. But when
doing paid advertising, you will want to make sure that you're actually
turning a profit in your business, instead of losing money.
It's very easy to lose money with paid advertising efforts. Even if you have the best product and a good sales letter, sometimes paid advertising just doesn't work for you. You will want to find a way to make your paid advertising work well for you, so that you can earn as much money as possible in your internet business today.
Now in some situations, it's actually OK to lose money on every sale that you make when doing paid advertising. One situation is if you know the "average lifetime value" of a customer, and can lose money on every sale - knowing with full confidence that you will recoup that investment over time.
The average lifetime value of a customer is simply the average amount of money that the typical customer will buy from you over the course of the relationship with you. So if you discover that the average lifetime value of a customer is around $200... it probably won't hurt you to lose around $20 on every sale that you make - because you know that you will more than likely reach the $200 mark per customer that you attain.
In situations like this, your internet marketing efforts can be a breeze. But there are ways that you can diminish the overall costs of getting a customer, so that you can profit more in your business. One way of doing this is with free marketing, and before you dismiss this notion, you should hear me out.
Free marketing is a great way to earn the kind of money that you are looking for in your business...
all for 100% free. There's no advertising cost, and you can easily lower the amount of money that you're spending to acquire a new customer. Some of my favorite free marketing techniques are article marketing, forum marketing, blog marketing, SEO, video marketing, and even affiliate program marketing. All of these free marketing techniques can get you the traffic that you're looking for in your business.
Don't dismiss free marketing at all because it can truly bring you a lot of traffic to your business. No matter your online business, I believe you can use free marketing just as much as you can use paid advertising. This is something that you will want to seriously consider doing if you want to have the utmost success in your business as possible.
These tips for profiting with paid advertising and free marketing are things that you will want to consider using in your business today if you want to have the maximum chance of success in your business. You can see incredible results if you combine the 2 strategies, and market your business accordingly. If you can do this, then you will stand a chance of earning staggering profits in your business.
Good luck with using these tips to earn more money in your online business today.
It's very easy to lose money with paid advertising efforts. Even if you have the best product and a good sales letter, sometimes paid advertising just doesn't work for you. You will want to find a way to make your paid advertising work well for you, so that you can earn as much money as possible in your internet business today.
Now in some situations, it's actually OK to lose money on every sale that you make when doing paid advertising. One situation is if you know the "average lifetime value" of a customer, and can lose money on every sale - knowing with full confidence that you will recoup that investment over time.
The average lifetime value of a customer is simply the average amount of money that the typical customer will buy from you over the course of the relationship with you. So if you discover that the average lifetime value of a customer is around $200... it probably won't hurt you to lose around $20 on every sale that you make - because you know that you will more than likely reach the $200 mark per customer that you attain.
In situations like this, your internet marketing efforts can be a breeze. But there are ways that you can diminish the overall costs of getting a customer, so that you can profit more in your business. One way of doing this is with free marketing, and before you dismiss this notion, you should hear me out.
Free marketing is a great way to earn the kind of money that you are looking for in your business...
all for 100% free. There's no advertising cost, and you can easily lower the amount of money that you're spending to acquire a new customer. Some of my favorite free marketing techniques are article marketing, forum marketing, blog marketing, SEO, video marketing, and even affiliate program marketing. All of these free marketing techniques can get you the traffic that you're looking for in your business.
Don't dismiss free marketing at all because it can truly bring you a lot of traffic to your business. No matter your online business, I believe you can use free marketing just as much as you can use paid advertising. This is something that you will want to seriously consider doing if you want to have the utmost success in your business as possible.
These tips for profiting with paid advertising and free marketing are things that you will want to consider using in your business today if you want to have the maximum chance of success in your business. You can see incredible results if you combine the 2 strategies, and market your business accordingly. If you can do this, then you will stand a chance of earning staggering profits in your business.
Good luck with using these tips to earn more money in your online business today.
ABOUT THE AUTHOR: Randall Magwood is one of the most respected and highly-regarded online marketing experts
on the internet. He currently has a free book about internet marketing
that helps small business owners market their business online
successfully. To learn more and to download this free book, simply visit
his website here: http://www.internetmarketing-rules.com
Article Source:
http://EzineArticles.com/?expert=Randall_A_Magwood
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