I’m Starting My Own Internet Business And I Need Answers

If you’re starting your own internet business it can seem a bit overwhelming. As with any business, an internet business does require time, resources and determination to get started and maintain. But you can get bogged down with all the jargon and flood of information that you see online.

Here are some commonly asked questions that get asked when budding entrepreneurs start their own internet business.

What Does ‘The Money Is In The List’ Mean?

It won’t be long after you’ve started an internet business before you come across the phrase ‘The money is in the list’. This simply means the people that you have on your database, or email list, are the people who are most likely to buy from you. They are willing to receive emails from you because they are interested in your products and services. Email marketing is still considered the most effective online marketing method. Make sure that you’re building an email list of prospects from day one.

What Is Affiliate marketing?

Affiliate marketing is a popular internet business model. It’s like being a commission-paid sales person. You’re called an affiliate because you’re associated with the product but you’re not part of the business that actually produced the product. When you promote the product and make a sale, the product owner will pay you a commission. It’s a great way for starting your own internet business because you don’t have to buy any stock, sort out any payment systems or arrange the product delivery. The product owner does all of that. Your job is to the find the customers and encourage them to visit the product’s sales page.

Am I Too Old To Do Business On The Internet?

Getting results has nothing to do with age. It’s about your determination to succeed. Every online entrepreneur has target audience who will connect to the way that they do business. Keep in mind that people by from people they know, like and trust. Believe in yourself and your audience will believe in you too.

How Do I Learn To Do New Stuff?

Go online and search for courses that will teach you what you want to know.When you buy a course, put into practice everything you learn before you think that it hasn’t worked. And even then, go to the product creator and show them your efforts and see if they can help you get on the right track. Don’t buy every course, tool and one time offer presented to you. You can get started with free or low cost choices before you re-invest in your business for a few upgrades.

Branding – Business Identity By Design

Small Businesses and Solo Entrepreneurs need to build their brand identity just like the large companies. People are more likely to do business with you if they feel comfortable with you and feel like they already know you.

When you sneeze do you ask for a ‘Kleenex” or a tissue? Are you thirsty for a ‘Coke’ or a cola? Consumers buy these products just because they are familiar with them. When you’re a small business owner or solo entrepreneur the product/service is you. It is imperative that you build brand identity that creates familiarity of you within your ‘niche’ market. Building your identity is important because people support businesses and products that they are comfortably familiar with and avoid the unknowns.

Here are some successful strategic branding ideas.

Personal experience creates a strong bond between you and your customers. Your customer service needs to be extremely personal so it creates an viral cycle. The personal experience your customer receives will lead to ‘word of mouth’ publicity.

Create a consistent and repetitive association of you in your prospects mind. This can be achieved by using jingles in audio advertising mediums, and logos, photos, slogans and/or positioning statements in print advertising mediums, press releases, brochures and especially your business cards. Remember there is a back side to your business card and that is valuable space to be used for brand marketing. Be consistent in the look of your marketing/advertising so it brands you and your company. People will be acquainted with you based on that alone.

Get a professional web site with headers and footers that continues your business identity using the same logos, photos, slogans and/or positioning statements as you use in print.

Write articles with content that is educational and valuable for your customer. Put each article on your website and invite visits to your site through your resource box. Use your resource box to build brand identity.

Use article directories to publish your articles, with your resource box pointing back to your website, to build name recognition. This is absolutely FREE advertising and a must for branding your business and yourself. When you sign up as an author you have an opportunity to add your photo or logo in your profile. Make sure you take advantage of this opportunity for increased identity branding.

5 Tips On How To Find Customers For Your Business Online

Introduction

This might sound obvious but did you know that if you are marketing to everyone you market to no one? It’s possible it will work but chances are your margins will be affected by inefficient marketing. A bigger question to ask, how well do you know your customer? How much information can you provide about them at the drop of a hat?

I will use an example of a mobile DJ company I used to own although the gist of this model applies to most businesses if not all. If you are struggling to get people through to your offers consistently online or offline… read on.

Who Are They?

The answer to this question allows us to gain a general understanding of how our customer looks like, where they live etc. In my mobile DJ context where I did weddings, this would be couples between ages 25-35 who have been in a relationship for 3 years plus. They also live in Perth, Australia within a 50-kilometre radius of where my business was located. People in this age group who have been dating for that amount of time would generally be considering longterm commitment right? This also means I am willing to drive 100 kilometres and I have resources to do any gig within this radius.

What Do They Do?

This question allows us to answer some basic information about the day in the life of our ideal customer. Where they work, their income levels, and what they do for fun. This also provides information about what sort of people they are likely to be. Feels a little weird acting ‘big brother’ but I had to get past that mindset if I wanted to nail this modelling in my businesses. This thinking allows me to present my offers directly to somebody who actually needs what I have. Isn’t that powerful?

Where Do They Hang Out?

Now that we know what our customer does for a living, how much they make and what they like to do, we can probably start to make some very targeted assumptions about where they hang out. This could be either online or offline. So on the weekends if they like to eat out, what sort of restaurants do they go to? If they enjoy the occasional frothy drink, what sorts of pubs, nightclubs fit their class? As you can start to see here, I am basically visualising my customers’ life through my mind. When online which platforms do they hang out in? What information are they looking at?

Tom (a groom to be) could be spending time on LinkedIn looking at information regarding his profession as an IT consultant engineer. Why? He knows they might need to buy a house one they are married. In his mind, this means he needs a bigger income coming in. His worry though is, are there opportunities coming up in his line of work? Mary (bride to be) could be looking up event companies on Facebook and stores that sell wedding dresses.

Can you see why I need to answer this question? This is important because the idea is for me to get in front of them very close to where they spend a lot of time.

What Do They Want?

Each and every one of us including our customers is looking to move away from pain or towards pleasure situation of some sort. We also have a difficult time knowing what we need and what we want. Our customers are exactly the same. In our case we are dealing with a ‘want’. We need air. I am guessing if you ran out of air right now, it doesn’t matter what someone says to you, you are buying yes? ‘Wants’ we can do without BUT if we are in pain or looking for pleasure we might buy.

So what does Mary want?

Mary wants to look good on the big day. She also wants to have a ceremony that is the envy of her friends who will be at the wedding.What are the deciding factors in Mary’s mind for this to happen? A beautiful wedding dress, incredible makeup and, a great party. She wants her friends to talk and comment about it for months to come as they view photos on her Facebook page.

For the certainty of a great after party, a great DJ is required. Mary will need some proof that the DJ she gets is the right one. So my mission is to be in front of her eyes holding a great review in hand somewhere on a wedding DJs in Perth Facebook page. How do I know I need to be on Facebook? I know because Mary likes to hang out there. Chances are she tends to look for her new information here as well.The new information here is a good wedding DJ.

What Is Stopping Them From Getting It?

Tom and Mary might want a good DJ at their wedding but they might not know enough about selecting one, they might also be on a tight budget meaning they are planning the event themselves. Armed with this information, I can provide value towards eliminating those barriers. This could be providing valuable information about how to create a music playlist, how to pick a wedding venue on a budget, the process of hiring outside caterers etc. I can have the information sitting in a blog on my website or links to such content on my Facebook page. The latter would be ideal because I know if Mary finds me on the Perth DJs page, she will click through to my page. Is she going to find valuable content on my page to help her ease her ‘pain’? Of course, she will!

Final Thoughts

With these 5 questions answered, I think it’s a good assumption that I can get Tom and Mary very close to a buying decision. I also know exactly where to focus my marketing efforts every day so I can get the most value from my time and money invested.

Wishing you success.

There is no shortage of tactics to market your business online and finding the right customers. However, the Internet is very fluid. Things change every day. You need to have a solid marketing education and a marketing blueprint strategy for your business. If you are a new business owner who has never sold anything online, I can offer you the same exact training that got me out of the trenches and helped me save my business. This training is a step-by-step guide which I found very powerful.