Internet Based Marketing
Today I’ll be telling you how and why Internet based marketing can give you more bang for your buck than the traditional offline advertising and marketing model. For example:
You go to your local newspaper and you tell them you want to place an ad. While there, you ask them how many readers they have or what are the circulation numbers - and they give you a round about number. You also ask, what the demographics are, and they give you a general answer, as they do not exactly know.
So you place the ad in the classified section and wait to see what happens. By the way, on your ad you put a code on your website URL so you know how many visitors you are getting from that ad, and second, with the phone number you also add a code, so you know where the calls are coming from.
Now, of course, you need to wait and have your ad go out in the next newspaper edition. After about a week, you start to get some calls and some website traffic. You measure that against what your ad cost you. You might find that with 10 leads, the ad is costing you five dollars a visitor, for a final ad cost of $50.
With the above example, let’s say that we make one sale. And of course, you may get other calls over the coming weeks. Oftentimes, people don’t respond to a newspaper ad until a bit after it’s run.
Let’s compare this with internet based advertising. First off, try a pay per click ad campaign. This allows you to narrowly target your campaign by using the keywords of your choice which you think are relevant to your product or service and that will attract visitors to your site. You can also try out more general keywords and see what results you get.
With this example, your ad goes live within just 15 minutes, using, let’s say, Google. You don’t pay unless people click on your link; if they do, you pay a dollar. Let’s say that your conversion rate is 2%. This means that you spend $100 to make two sales.
Here, though, you can tell which keywords are converting to sales because you can use conversion tracking. Then, you can remove the keywords that aren’t converting, so that your ad campaign is both more effective and more cost-efficient.
In addition, because you’ve also used broader keywords, you can see how many people are finding you with this “one size fits most” method. You can also place ads on other websites with exact demographic information, which will be extremely targeted to your business.
The point is this; when it comes to online advertising, your ability to measure the performance of your advertising is far better.
By the way, pay per click is only one form of online marketing, there are many other effective marketing techniques you can use online, such as writing articles relative to your business, doing a press release, adverting in relevant online ezines and one of the most effective online marketing techniques is e-mail marketing, that is if it is done correctly.
Internet based marketing can keeps your advertising costs low while boasting better performance than print advertising campaigns. The tracking allows you to keep on top of your campaign and get information on its effectiveness almost instantly - and this kind of adaptability is just what your business needs in this competitive marketplace.
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