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Friday, June 26, 2009

Making Money on the Internet - 5 Deadly Mistakes You Should Avoid to Succeed on Internet Marketing

Making money on the internet could be one of the most rewarding and enjoyable activity you've ever accomplish. The advantage on making money on the internet are countless; can be done from the comfort of your home, you can set your own working hours, the amount of money that you can make is only limited by you, no bosses and it can be done from anywhere around the world, just to name a few.

However, when you are a beginner, it could be an extremely difficult decision how to start, what programs to invest in, what to believe in, what to do and what not to do, mistakes that should be avoided, etc. Not to mention the fact that there are numerous making money on the internet scams everywhere. Chances are that before you find your way around the internet you will fall for a few of those.

Making money on the internet is not really hard if you know what you're doing. I'm going to try to make your endeavor a little bit easier by giving you 5 basics mistakes that you should avoid at all cost when you start your journey of making money on the internet:

• Never, and I mean never fall for programs that promise you to get rich over night. Unless you play the lotto the chances that you achieve such promise are very slim. However, a lot of money can be made over time; however, it's not going to happen in just a few days.

• Don't waste you valuable time and money in making money on the internet programs like: Online Survey Fillings, Cash Trials Sign Ups, trick Affiliate Programs, Recruiting Pyramids, etc. If you're told that you need to recruit other people or invest some money somewhere, run away, your only investment should be in your education.

• Don't start in the wrong place. Making money on the internet, as everything in the world has a learning curve. You should start for the basics. Go for the easiest, simplest and most affordable ways to make money first. Don't start on E-Commerce, Forex Trade, or E-Books creation.

• Never start your making money on the internet journey by purchasing a high price programs or courses. There ere excellent high priced hands-on programs available, but there are many that are scams or very complicated for beginners. You won't know the difference.

• Never fall for in the free-information circle. These are the facts: if you're serious on making money online, you're going to have to invest some money on a good quality course or program to follow. If you go around trying to find free info all over the net you'll end up overwhelmed, frustrated and probably broke; no to mention all the time that you'd wasted.

A lot of money can be made on the internet; it's not hard once you know how things work. I've been doing it for 5 years now and even on this recession I've managed to pull over $40,000 each and every month. Obviously, you'll need a Course, Program or System to follow.

Nowadays, trying to make money online is even more confusing than it used to be. There are so many programs on the market to choose from, most of them are garbage or scams, and unless you have the time and money to test them all out, you're basically going to go round in circles, and potentially lose a lot of money.

Wednesday, June 24, 2009

The Global Marketing Environment

Global marketing Environment is complex term to explain because it is covering all the issues of world that are continuously changing. To explain the true present picture of the Environment it's necessary to go through the most up-to-date literature and study the current changes. This chapter is giving the idea about the today's marketing and changes & challenges of the sub environmental forces.



Today's Marketing

The changing behavior of customers and proliferation of new marketing channels setups the new issues in the business world. In international market competition it's becoming harder and harder to maintain the life time relation with customers. Selling quality product and service in affordable price is not enough to gain the customer loyalty there are also many other dimensions of care. These all changes make profit secondary and modify organizations to customer-focused organizations and born the new theories and approaches.

Today's marketing has come out with the circle of 4P's (Product, Price, Place and Promotion) and in the broader sense it is taking as an organizational function. The modified form of marketing is to provide greater value to customer and develop and maintain a healthy relationship.

According to the American Marketing Association today's Marketing is:

"Marketing is an organizational function and a set of processes for creating, communicating and delivering value to customers and for managing customer relationships in way that benefit the organization and its stakeholders."(Keefe, 2004)

The Intermediate and Macro Environment

The global marketing environment comprises the intermediate and the macro environment. The intermediate environment contains those factors which are semi-controllable through contracts and they will be categorized as suppliers, Distributors, facilitators and shareholders. For example in software industries the different vendors, application sellers, temporary specialist staffs and subcontractors etc are part of intermediate environment. The macro environment is made up of those factors and forces which are generally uncontrollable. (Lee, 2005)



For the Global strategic marketing planning to evaluate and investigate the threats, opportunities and for risk assessment usually organizations used the PESTLE analysis here PESTLE stands for Political, Economic, Social, Technological, Legal, and Environmental Factors. (These macro environmental forces are also shown in above figure). Mostly external auditor is used to audit the impact of these forces.

Some countries have more relaxed and easy polices for import and export.

Countries history of friendly relation and healthy business deals have also a positive impact in the future trades. Similarly if countries have better infrastructure for trading polices and legislations it also goes in the favor of the international traders. It helps to minimize the time and provide the secure dealings and especially newcomers feel comfortable to trade in such environment. With all these reasons the fresh literature tells us about the twelve factors involvement in the international trading.

In 2005 according to the Geri Clarke the HELPS FREDICT is a more complete framework for the international marketing environmental analysis.



H History F Financial

E Economic R Rules- International Trade

L Language E Environment

P Politics D Demographic

S Social I Infrastructure

C Culture

T Technology

Changes and Challenges

In 1998 article in the Economist Magazine Sums it up nicely:

"Marketing has become a complex art. Technology and trade have increased the potential for global brands. The fragmentation of audiences and rising costs of television and print advertising are making other media attractive. And direct marketing and the internet are rewriting all the marketing rules."

55 years back, the television invention opens the new ways of the mass marketing and with the visual demonstration many local brand and now take the status of the world class brand. This technology changes the language of the advertising. In old age mostly people preferred to buy things from market search and mainly radio transmitted about the market affairs and new coming products. Then TV gave the new confidence to its viewers and globally advertised the real market position. The visual demonstration also teach the people and guide them correctly and it also answered the question that why they need and want this specific product. Now World Wide Web is taking the position of the TV and Similarly the Digital TV and the Smart mobile are writing the new rules of the marketing.

Today mobile and pager is the basic need of people and every one is in range just because of a small piece of technology. Here telecommunication was playing an important role. Now in the end of 20th century, the emergence of internet and telecommunication introduce m-commerce. First mobile companies simply provide an updates information like weather reports, games online information, latest movies and songs information etc just to provide better services and to satisfy customer. From that time the m-commerce became the part of our life and no one feel this addition of the new business technique, today banks and other financial services are also providing mobile commerce services and this tiny device has become the source of market transactions. This was the small overview of emergence of the technology.

On the other hand the destructive incidents like 9/11 and 7/7 etc. and other country wars (War against terrorism) are destroying the developed markets and the investors are feeling fear to invest money in these risky areas.

The customer buying behavior and its quality perception is also changing and now he is demanding the rich added value products and services. The multinational companies and chain store also create a strong competition globally and it's becoming more difficult to retain a long term relation with existing customer.

However the last decade of the twentieth century bought major changes that redefine the role and concept of marketing. The rapid change of market made customer more sophisticated and value added demanding. Products/service development and management has changed radically, the internet and third party securities made more easy transactions and virtualized payment and distribution channels introduce new way to approach market

Monday, June 22, 2009

Marketing Online - 4 Basic Advantages

Marketing online has 4 basic advantages.

These 4 basic advantages of marketing online have continued to become increasingly important as the internet has grown in dimension and influence.

More and more retailers and entrepreneurs are looking to the Internet to market their products and services as the limitless potential and power of marketing online becomes more and more apparent.

1) Convenience.

The first and most obvious advantage of marketing online is convenience.

If you have a computer and internet access, you can conduct business anytime, anywhere. And now that laptops are so common, this is even truer than before.

Everyone wants better and faster access to products and services and there is no indication that this will ever change.

And now, with the power of Online Marketing you can conveniently transact business from anywhere and reach your customers wherever they are.

Now that's convenience!

2) Cost Reduction:

Marketing online has greatly reduced the advertising costs on the seller's end,

A perfect example is email.

You can send costly postcards to thousands of people and may realize some profit a week or two later. With email, however, you can send out emails to the same thousand people and realize an increase in sales an hour from now, at absolutely no cost to you.

If you want to make money online but you're starting from scratch and have a next-to-nothing budget you may want to begin with Affiliate Programs - i.e. selling other people's products.

With some online Affiliate Programs you can be set up in business literally within a couple hours and be making a profit in a matter of days for little or no capital output.

3) Speed of Communication:

Suppose you have a brick and mortar business and just found out one of your products is permanently going off the shelf.

You want to run a sale to clear your stock, but it will take a few days to reach your customers with the news.

Now, your competitor up the street also has this product and has gotten the same news.

She, however, is marketing online and can send out one mass mailing and have her customers at her store that same day.

You end up being stuck with the merchandise while she has moved on to the new and improved product.

4) Market Reach:

The fourth basic advantage of internet marketing is your market reach. You can literally sell to the world, that's why it's called the world wide web.

When you start a business, you will always have a limited number of customers who can physically travel to your store.

But when you're involved with online marketing you can reach just about every nook and cranny of the world.

If you're marketing online your customer base is anyone with internet access - with a growth potential of millions.

Every day, more and more people join the online community. As they are added to the internet, they are also added to your potential customer database.

These are advantages you just can't beat.