|
Qualifying_Yourself_as_a_Reliable_Vendor
| Qualifying Yourself as a Reliable Vendor
Marketing is a numbers game. This maxim is true, although it can
be viewed from several angles. Proponents of bulk email
advertising and traffic exchanges contend that if you expose
your message to a vast number of people, only a small percentage
of them need to become paying customers for your business to
substantially grow
and they're right.
Conversely, however, if a high percentage of the people who see
your message become paying customers, you only need expose your
message to a small group of people to see the same increase in
business. Both approaches are useful for certain products and
certain marketing messages. The nearly unlimited audience of the
Internet makes the volume advertising approach relatively easy
to pursue. This article examines the second, comparatively
subtle art of increasing your customer conversion rates.
The average computer user has become an old hand at deleting
commercial emails with barely a passing glance and ignoring
flashing banners as they surf the web. So you have a product
that will increase their productivity, impress their friends,
inspire their children, and improve their life beyond
imagination; if only they knew about it. How do you tell them?
Answer: don't.
You'll be much better off if they find out from an objective
third party, or (better still) learn how great you are on their
own. Sounds great, right? Only no objective third party knows
(or cares) who you are and the only chance someone will find you
on their own is if they type your URL into their browser to see
if your domain name has already been taken. Every entrepreneur
is in this position when starting out, and the ones who have
gotten past it spent their marketing dollars developing a
relationship of trust with their customers.
The practice of qualifying yourself as an expert in the field of
your product, long before the audience even knows you have a
product to sell, yields amazing marketing benefits. Instead of
scaling the defensive walls of a wary customer whose looking for
the catch, you're sharing expertise with an enthusiastic
listener actively seeking information. Once your audience has
discovered that you have valuable knowledge in an area, they'll
want to know what products you recommend.
A classic example of this type of qualification is media
coverage. You'll see a huge jump in traffic and your conversion
ratio of visitors to customers if you're mentioned in an article
that appears in a magazine, newspaper, or online news site with
a large audience. Craft a newsworthy press release and
distribute it to as many media outlets as you can. Professional
distribution services can be expensive, often as high as several
hundred dollars, but the potential payoff is enormous.
You can also make it easy for potential customers to learn about
your products on their own by creating a newsletter with
valuable content. The more times a potential customer sees your
name, the stronger their confidence grows that you're not a fly
by night operation that's going to take their money and run. If
you consistently put out a readable newsletter, your subscribers
will come to view you as a trusted voice in your field.
Articles such as this one are also a good means of establishing
you understand your product and the needs of your target market.
Imagine you're interested in buying a briefcase. You read an
article explaining how a briefcase can protect important
documents, create a professional image that gives people
confidence in you, and turn any table at which you sit into a
mobile office. All other things being equal, aren't you more
likely to buy a briefcase from the link at the bottom of that
article than the link on a page by itself that says "briefcases
for sale"?
So before deciding to look for the advertising method that will
give you the biggest head count at the lowest cost, consider
methods that qualify you as a reliable vendor that helps your
customer make informed purchases. It might be the best way to
keep your customers coming back for more.
About the author:
****************************************************** Copyright
(c) 2003 Clay Mabbitt. Clay Mabbitt writes articles about
Internet affiliate and MLM opportunities. Need in-depth reviews
of the latest online income programs? Find them at
http://www.affiliatescreen.com/
******************************************************
|
|
| |