Important Aspects of Marketing Products Online

There are a number of tools that you can use for marketing products online. There are social media networks, forums, free advertising websites, paid advertising and much more. You need to go through your options, find out which ones reach your target audience and make the most of them while staying within your budget. It is easy to spend a lot of money on marketing and not have any results. Many beginners experience this when they are doing the marketing themselves. This can be considered as a learning process.

You can prevent this by keeping a close watch on the marketing methods that are working for you and those that aren’t. When you find something isn’t working, change or eliminate it and focus on those that are bringing positive results.

Once you have it sorted out which marketing methods you will be using, you can create a better plan for these promotions. It is essential that you have such a plan so that you can remain focused on your objectives. Have goals with marketing products online so that you will always have something to work towards and have something to mark your progress with.

In terms of the spending on these promotions, create a budget divided into the groups of methods that you are using. Stick to this budget unless you save funds on another aspect or gain more to allocate to this area. Try to find good deals for advertising if possible and take advantage of free offers. You might be surprised at how much business you can obtain from free methods of marketing.

There is a lot of time taken marketing products online. There is probably more at the beginning when you are just getting started. You have to create a certain level of visibility for others to even find you online then you have to create a good reputation. This takes a lot of time and effort but it is necessary. Of course, you have to keep this effort consistent to keep the business growing.

It is this amount of time and effort that marketing takes that encourages individuals to hire professionals. They create a marketing plan for you with your supervision. They already know how to reach your target market and they understand the most effective promotional methods for this. They not only create the plan but they also implement it. This saves you a lot of time and hassle. You are left to concentrate on running your business while they continue marketing products online for you. They also give you reports to show their work and the results.

While some businesses do make plenty of profit without these services, the most successful ones outsource this marketing because of the time it saves and the results that are given.

Marketing Products Through Advertising

Advertising is the art of promoting the sales of goods or services based on a market selection. It is affected through various media, particularly through newspapers, magazines, radios and T.V. services and bill boards along the highways. Advertising affects the market in one way or another. Expenditures on advertisements amount to large sums of money and they are rising every year.

The fact that expenditures on advertising are increasing from year to year indicates that advertising is important to market a product or services. As a country becomes more industrialized and as competition in business becomes keener for the firms, marketing strategy through advertising will become more important and expenditures on advertising will rise.

Advertising is regarded as “the life-blood of marketing” simply because it gives information to prospective consumers of the goods or services which are made available in the market. It tells a group of selected market of the existence of a new product or of new uses for or new or better qualities of an existing product, or reminds a market of the existence of a product. Without such information given through the various advertising media, the prospective market may not be aware of the existence or the uses of a product and the producer may not be able to sell it. A product that is not sold or cannot be sold is of no value to the producer and to the selected market. Therefore, it is obvious that informative advertising is very important to a firm or to an industry and is also important to consumers and the market at large.

Generally, advertising as practiced by most firms is competitive rather than informative in motive. This is particularly true where there is a great deal of product differentiation brought about by the practice of branding a product. A firm advertizes mainly because it wants to push the sales of its products. When its products are differentiated from the products of other firms by just its brand, then it hopes to increase the sales of its branded products to their selected markets. It can do so by marketing, through advertising techniques, to create a special image for its brand of products and to build up brand loyalty for its products to a given markets.

Once customers’ loyalty for its brand of products is established, the demand for its products will be less price-elastic and it is able to make some monopoly profits to a given specified markets. Competitive advertising, as we can see, is wasteful. Experts may tell us that there is no real difference, physically or chemically, between different brands of a product.

Whatever difference there may be between two brands is strictly psychological in nature built up through large sums of money spent on marketing through advertising campaigns. It can, therefore, be argued that the consumers would benefit more if firms spent less on competitive advertising and passed on their savings to consumers in the form of lower prices or in the form of genuinely better quality products obtained through more research which could be made possible with savings from unnecessary marketing activities.

However, it can be counter-argued that competitive advertising may not be a waste after all, because very often a consumer derives extra satisfaction from owning or consuming a widely-advertized product. Since he obtains more satisfaction, the higher price which he has to pay for the product because of the advertising is, therefore, justified.

Further, it can be pointed out that because of the large amount of revenue from marketing activities through advertising, newspapers and magazines are sold more cheaply to readers and they are within the reach of more people and, further, radio and T.V. stations are able to produce or buy better or more programs. Also, the advertising industry itself gains with more jobs created for the market community.

In conclusion, it can be said that one cannot deny that marketing trough advertising is the life-blood of industry. But it is really difficult to conclude that it is a waste of economic resources because much depends on one’s judgment of what is good or bad for the society.

Search Engine Marketing – Marketing Products and Services Not Just Brand Names

Many people have looked upon brand names as the gauge for quality, be it good or bad.   A popular computer brand would likely sell more than the less popular counterparts.  But with more and more consumers becoming educated and well-versed on what quality really means, these people are now out to get more value for their money or what they feel they truly deserve. 

Importance of Brand Names

This is not to say that brand names are no longer needed, though.  In fact, they are still important in establishing the company’s identity.  Brand names provide instant recognition and encouragement to buy certain products and services.  Unless a company has really thought of a name that conquers all market barriers such as Coca-Cola, Pepsi, McDonald’s, Nike, Adidas, Porsche, Lamborghini or KFC; then what it should really focus on is how to make an effective online marketing strategy. 

Marketing Products and Services to Gain Recognition

Brand names provide recognition at a glance but they do not guarantee a sure buy.  Customers can buy the first time because they were enticed by the logo or brand name of a product but they would never go back for a “second helping” if they were not satisfied with what they bought. 

Repeat customers and advertising by word of mouth will only happen when the products and services that are being marketed depict quality. Even the best search engine marketing techniques in the world would all go to waste if the products that are being sold are sub-standard.  Fortunately, more consumers are getting away from this age-old dependence on brand names and are now looking for companies that can give quality merchandise. 

There are many online help sites that teach how to set up, maintain, and attain the goals of any start up internet business.  Search engine marketing or SEM is one good way to market quality merchandise and services online.  Educating target markets about how important and indispensable a merchandise (or service) is would be an effective marketing campaign.  But beyond this, the customer should be able to prove that it’s not all propaganda but that the product can also deliver what it promised. 

SEM may just be a small portion of search engine optimisation techniques yet it can emphasize the value of goods and services.  Another portion of the entire picture is search engine optimisation or SEO being a part of the whole online marketing scheme that the company should tap from the very beginning. 

SEO basically helps in boosting businesses and to make targeted markets know about product or service alternatives that are even better than existing brand names in the market.  This leads us to the equation that good products or services plus professional SEO management equals sure business success. 

No amount of good advertising from the competitors will ever put down quality commodities.  This is especially true with companies who offer services (as these are intangible).  A customer can always return sub-standard products but this can’t be done with services.  It is imperative to begin with great service quality in the first place.  Therefore, looking at all this, brand names fade in importance when quality is the topic.

Affiliate Marketing – Product Promotion

After selecting a product/service to promote, the next big challenge is to find people interested in that product/service. There are several methods you can use to market your product online.

Create a Website

You can promote your product by creating a webpage for it that you will optimize for the search engines and promote using different internet marketing methods, such as article marketing, social media marketing, and paid advertisements. Page optimization involves describing your product in at least 400 words and using “keywords.” Keywords are words that people use to find the product you are selling, and they can be found with the help of tools, such as Google AdWords: Keyword Tool and Wordtracker. The primary keyword should appear in the title of your article and a few times in the article body.

Article Marketing

Article marketing is mainly done through article directories. The idea is to inform the readers about the usefulness of the product and encourage them to follow the link provided to purchase or learn more about it. The inclusion of keywords in the article (title and body) is also important to enable people to find your article. You do not have to write a separate article for each directory. When submitting the article, you should carefully select the category, sub-category (if applicable), and keywords.

Video Marketing

Creating videos about your product can also help you find buyers. Google, the leading search engine, directly indexes videos, so your video can show up in the search results besides the text results. In the video, you should inform the viewer about the product and how they can get. You can provide your affiliate link in the video description and ask the viewers through the video to click that link to get the product. A good way of saving time when creating videos is to simply narrate the points mentioned in the article submitted to the article directory.

Slide Sharing

Slide sharing is a simple affiliate marketing technique. All you have to do is present the article you have written for article directory submission in the form of slides. You can use a tool like MS Power Point to create the slides. Slideshare.net is a site where you can upload you slides for free.

Social Media Marketing

Social media is widely used for product promotion these days. Promotion on sites such as Twitter and Plurk can bring traffic to your target site. Social bookmarking sites, such as Digg, Delcicious, and Diigo, can also be used for promotions.

Paid Advertising

Paid advertising in the form of pay-per-click advertising is used by many affiliates for internet marketing. All of the top search engines display per-per-click ads. Google AdWords is the most popular pay-per-click program. It allows you to bid on ad positions related to a keyword and make your ads appear in specific regions, if you like. Paid advertising enables you to display your site besides the top search results, without promoting it through other means or search engine optimizing it.