Dec 30

eBay Will Soon Rule the World

As eBay aquires various companies and products, it indicates the duture of ecommerce and online shopping.

Image by liewcf

In the past six months, eBay has bought four companies which seem to layout the future of Internet, mobile, and offline purchasing.

The most recent was brands4friends, a European-based company whose focus is daily deals and group coupons. Not only does this strengthen eBay’s international presence, but it reaffirms this coupon trend (like Groupon and LivingSocial).

Two of their other recent purchases dealt specifically with mobile commerce. Critical Path Software is a mobile app developer based in Portland. And eBay also bought  RedLaser, an app which scans barcodes and immediately displays various ways (and prices) to purchase the product.

eBay also bought Milo, which helps market the products of small- and medium-sized business for those consumers who like to do their research online, yet purchase in a store.

So what does all of this mean for the average business owner? For years, eBay has been the leader in online shopping, so anything they’re doing is a good indication of what the future will bring. So it’s pretty clear that while plenty of ecommerce will happen online through computers and laptops, more and more shopping will be done using mobile devices.

While many small businesses don’t have the resources to develop their own app or create a cutting-edge online presence, they can utilize the resources that are already available – through eBay and others. So as a business owner and an entrepreneur, it’s important to stay educated about ecommerce and where it’s going.

And be sure to stay on eBay’s good side because they will certainly be a good ally to have for years to come.

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Dec 15

Treating Customers Poorly for Better SEO

Complaining online isn't always a good thing; people can use that for their seo to actually improve their search results.

Image by Tambako

Here’s the short version:

A man running an online business (allegedly) intentionally harassed and aggravated customers with the hope they would go online and complain. When these upset customers complained, they would not only include the name of his company (DecorMyEyes) but also keywords and phrases related to his industry. So even though the content was negative – railing on the business and his deception – when people searched for eyewear-related terms, his site would show up near the top.

If you want the very lengthy, although incredibly interesting, version, The New York Times has the scoop.

There are several points to take away from this whole story. If you want to learn about the SEO implications, visit TechCrunch. But perhaps the least obvious is that consumer complaints websites don’t work; in fact, they may actually help these sketchy Internet companies make money. Negative statements about a company can ruin its reputation, but only if people actually read and internalize that information. Otherwise, when search engines scan through these various websites, the robots notice the correlation among various search terms – apart from any actual context – and will rank that website higher in search results.

In this recent instance reported by The New York Times, all the various involved companies – Citibank, eBay, Amazon, PayPal, MasterCard, and even Google – have each been contacted and each have stated they are taking proper action. Appropriate law enforcement officers were also contacted. The man involved has since been arrested and is facing criminal charges.

The resolution of this issue is not coming through passively commenting on the Internet or contributing to complaints boards. While the Internet makes many things easier and more effective, resolving consumer issues simply isn’t one of them. When dealing with something of this nature, a consumer should dispute the charge with their credit card companies, contact the company directly, approach website hosting services, or, if necessary, call law enforcement. Complaining online may actually do more harm than good.

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Dec 13

Holiday Sales Show Growth for E-commerce

November is always a big month for shopping, but this Holiday season is yielding particularly impressive stats. E-commerce sales increased by 12 percent in this November compared to November 2009. We’re taking it as a sign that the economy is rebounding, but also that e-commerce is where it’s at for the near future in internet business. I can personally attest to choosing online shopping over the hordes of angry shoppers at the local mall. Online apparel sales, particularly shoes (no surprise), did especially well this November, with an increase in sales of over 20%. This “Cyber Monday” (the first Monday after Black Friday) was also the first time that online retail sales have hit $1 billion for a single day since the introduction of online shopping.

It’s clear that as more consumers come to trust the internet to deliver on their holiday shopping needs, more businesspeople will look to the internet to expand their earning potential. Online shopping provides businesspeople with access to a much wider range of customers than those in their local vicinity. One can only speculate on how the influx of new internet businesses will affect the competition, but we hope that the quality of offerings as well as the variety of products available will both improve.

If you’ve ever been interested in carving out your niche in the world of e-commerce, now is the time. There are more options for easy, low overhead businesses now than ever before. Customers are more willing to buy online and the process for setting up a website is fast and simple. There are hundreds of resources for businesspeople that want to learn how to build their own e-commerce websites and cash in on this growing trend. Don’t wait any longer to get the help you need to take your business to the next level, get started today.

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Dec 08

Six Things Businesspeople Can Learn From Infomercials

Most of my encounters with infomercials have happened when I’ve been ill. Why else would I be up late enough to actually watch one? After about two o’clock in the morning, the TV options narrow to half-hour “programs” about diet pills, exercise programs, zit medicine, a blanket with sleeves (like I would wear that to a football game) or a “magic” mini-blender. I don’t care to watch any of them, but I want some background noise while I sip my soda, so I pick one and try to ignore it. After ten minutes, I realize I’m not ignoring it. The presenter is over-the-top enthusiastic and sort of tacky. The demonstrations are pretty obviously “enhanced”, and the testimonials are probably paid…a pretty lame production all around. Then, after about twenty minutes, I start to change my mind. Yes, these people are awful actors, but who doesn’t want an appliance that can make salsa in fifteen seconds? My life would be so much better with fifteen second salsa. The presenter says, “is your blender a nightmare to clean?” and I realize that my blender hasn’t been truly clean in about a year. They slash their price from forty dollars to twenty and throw in an extra set of cups AND a knife that can saw a shoe in half. Then they tell me that their offer is only available for the next five minutes and, after I place my order, I understand how this tacky and obnoxious industry makes billions of dollars a year. They are marketing geniuses. Not every business makes products that are right for the direct-marketing infomercial format, but everyone can take a few tips from these marketing gurus and use them to their benefit. Here’s what we can learn from infomercials:

  1. Ask questions. One of the most powerful ways to inspire an emotional response in a potential customer is to ask them questions about their own life. This instantly makes your product and your offer more personal and helps them to imagine their life as it is and how much better it would be with your product.
  2. Give demonstrations. Sometimes it’s hard for customers to visualize and fully comprehend all fifteen of the different ways they could use your product when all they have to go on is a photo. Make a demonstration video to go with your product or take pictures of the many things it can do.
  3. Provide testimonials. Customers like to hear what people like them have to say about your products. If you don’t have a ready collection of testimonials to use, you might want to give a few products out in exchange for honest feedback. Any positive reviews can be used in your ads.
  4. Sweeten the deal. Most infomercials will begin advertising their products at a slightly inflated price with the intention of cutting the cost at the end of the ad. Many of them will even throw in a second product on top of the price cut to make the deal completely irresistible.
  5. Tell people what you want them to do. Most people will tell you that they don’t like being told what to do, but their purchase habits will usually prove otherwise. When customers are watching television or surfing the internet, they aren’t always fully engaged in what they are doing and, despite what they think, they are much more receptive to commands. That’s why so many websites and commercials will throw in a call to action like “reserve your copy today”, “click here”, or “buy now” – customers are much more likely to do what you want if you tell them to.
  6. Create a sense of urgency. Every infomercial that I’ve ever seen places a time limit on their offer, whether it’s real or not. Most people don’t really think the offer will be off the table if they don’t “call now”, but even the tiniest sliver of doubt can inspire customers to take action.
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Dec 06

Should I Use PPC to Drive Traffic to My Site?

Traffic is like the currency of the internet. The more traffic a site has the more power it has. Building a website that get s consistent traffic is difficult to do without help and impossible to do without a strategy. Organic traffic is the most valuable kind of traffic you can have, but it takes years to build and most businesspeople can’t wait years to start making money. Pay per click advertising is a popular and effective way to drive traffic to a website almost instantly and, when used properly, can help you turn your website into a profitable business in months rather than years.

PPC guarantees traffic. A website owner can literally get a PPC account with any search engine they like and, within a few hours, have traffic coming into their site. It’s in the best interest of the search engines to place your ad where it will be seen and where they can earn money from the clicks you get, so that is exactly what will happen when you start your campaign. This is great for website owners that know how their site performs. By “turning on the faucet” with PPC, they can spend a little money to get a lot of money, especially if their site converts consistently. For website owners that aren’t sure how their site converts, they should probably start small while they perform tests and optimize their website for maximum conversions.

You control how much you spend. Prime placement in any search engine’s results pages is bought in auction format. The more you bid per click, the higher your website will appear in the paid search results. Getting at the top of Google’s search page for a broad term like “education” could cost a pretty penny, but bidding on more specific key words is much cheaper and will drive more qualified traffic to your site. Bidding on a very specific product name would cost about $.20 per click for top placement where bidding on a generic key word could cost a dollar or more and wouldn’t necessarily attract qualified clicks. The other great thing about the PPC system is that you can choose how much you spend per day. Once you reach your spending limit, the search engine will simply remove you from search results until the next day.

It’s easy to track. Every PPC program comes equipped with thorough tracking programs. Account owners can see what kind of people are clicking on what keyword phrases, which phrases are performing best, which ad verbiage attracts the most clicks, and how well each visit converts. They can also adjust their campaign based on what they find. If a keyword is costing too much money or is converting poorly, all it takes is a click to turn it off.

Pay Per Click campaigns are extremely effective for driving traffic to a website. If all of the proper elements are in place for good conversion, utilizing a PPC campaign can take a web-based business to the next level of success. Plus, over time, PPC campaigns can build organic traffic as customers get to know a company as the leader in its niche.

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Dec 01

The Time to Start an Online Business Is Now

There has never been a better time to start an online business.

Image by codiceinternet

First things first: you need to read this article about recent trends in e-commerce. Go ahead; it’s not long. I’ll just be waiting here, listening to some elevator music.

Okay, in case you ignored my advice and didn’t read it, here are some highlights:

  • Online sales for the Thanksgiving holiday rose 33 percent. It’s only going to get better for online businesses, and not just during the holidays.
  • Analysts are seeing e-commerce trending upwards.
  • Experts are now urging Americans to start their own online business.

Simply put, now is the time to start an online business. Let’s face it; people would rather avoid camping out overnight and being trampled by voracious shoppers (i.e. Black Friday), and instead embrace the conveniences of shopping in your pajamas (i.e. Cyber Monday). And as more and more people do more and more shopping online, the more opportunities there are for an e-commerce business to succeed.

This isn’t to say build an online business is easy. That same article goes on to mention how individuals interested in trying out e-commerce should consult with experts, learn the logistics of running an online business, and find someone to manage their shipping and fulfillment. It even goes on to mention how there are companies that will help you with those various aspects of your business, including utilizing techniques to help you expand your web presence.

Turns out, Professional Marketing International is just such a company! We have been helping people capitalize on the online market for years. We’ve helped thousands of individuals achieve their financial goals through proven curriculum and dedicated coaches. We know what the current trends are and how they will affect your business.

If you’ve been hesitating or wondering about starting an online business – or even how you’re going to improve your current financial situation – now is the time to stop questioning and start taking action. The industry is steadily increasing, so it’s time you got onboard.

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Nov 24

Building Your Website’s Credibility

The internet is a fantastic resource for people that want to do research and buy products. Most people turn to the internet first for information before they make a purchase. The internet’s anonymity is simultaneously a blessing and a curse for web-based entrepreneurs – the fact that they don’t need to be physically available for transactions to happen makes life easier for them, but not necessarily for customers. Everyone wants their website to make money, but without a personal interaction, some people don’t feel comfortable doing business online, especially with smaller companies. Luckily, there are many things website owners can do to gain the trust of their customers and readers.

Every website owner should try to create a cohesive visual experience from page to page. Pages should be clean and easy to navigate. Any additional branding like custom logos will further enhance a website’s appearance and help customers trust the business.

Ecommerce sites should take advantage of promoting any nationally recognized brands they are selling. The companies whose products they sell for will appreciate the exposure and the site owner will benefit from their already established and trusted reputation. Any time a business person can include a logo with their product pictures, it will reinforce the credibility of the site as a whole.

One of the red flags that shoppers look for on ecommerce websites is a lack of contact information. Customers want to know that in the event something goes wrong with their order that they will be able to get in touch with you and get the problem fixed. If you have no contact information besides a contact form, customers will take that as a sign that you either aren’t legitimate or that you won’t be willing to help them if they need it. Return policies are also a good idea to entice people to buy, because they feel like they have a safety net if they don’t end up liking the product. Check out pages should be easy to operate and secure. Logos that represent the page’s security will help customers feel more comfortable handing over their purchase information.

For a blogger to build authority in their niche they not only need to know their stuff, need to always think of their readers, especially when accepting advertisers or doing paid product reviews. Bloggers can maintain their site’s integrity by only endorsing products that they like and only accepting sponsors that their readers will be interested in. Building a loyal readership by giving them useful information and product suggestions will make your blog’s money-making potential more powerful in the long run.

Bloggers have a slightly more delicate balance to maintain because they have to please readers and keep their trust while appealing to sponsors and making their monetization strategies effective. Bloggers that want to offer advertising on their site should put together a media kit that outlines their reader demographic, statistics, advertising options, and even testimonials from past sponsors that noticed an influx of sales due to their exposure on the blog.

Anyone can build a website, but it takes a savvy business person to put together a business site that is effective. By implementing these strategies, website owners will set their domains apart as trustworthy and maximize their earning potential.

 

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Nov 15

Target Key Words

target key words with pmi

photo courtesy vizzzual.com

Customers and readers look for information on the internet by conducting searches for terms that they want to know more about. As a website owner, it’s important that you try to make it easy for the people that want the products or information you provide to find you. One of the best ways to do this on the internet is by targeting keywords in your website’s content.

If you’re just setting up a business and you haven’t yet decided what to sell or what your focus will be, it’s a good idea to do some keyword research to evaluate the demand of specific products on the internet. If you use Google’s Adwords Keyword Tool, you can find out how many searches each keyword gets. You want to focus on products and topics that are in demand, but if you choose something that’s too common, your competition do dominate the search engine results pages (the ultimate goal of SEO) will be much greater. You want to focus your website on topics and products that get at least one thousand searches per month. If you find a keyword phrase that gets much more than that, click on the phrase in the Adwords Keyword Tool and you will see what your top competitors are.

If you own a website that sells silver jewelry, it would make sense to target the keyword phrase “silver jewelry”. It would also make sense to target any variations on this phrase, like “silver necklace”, “silver earrings”, “silver bracelet” etc. It’s a good idea to use these commonly searched phrases, but it’s also important to target keywords with much more specific focus as well. It’s easier to rank at the top of search engine results pages for more specific phrases, and the people that search for specific phrases are more likely to convert. So, not only can you target phrases like “silver necklace”, its also beneficial to target phrases like “key shaped charm necklace with 18 inch chain”.

The keywords you settle on should be used judiciously on your website. More general key words can be featured in the website title, header, and even domain name. Specific key words can be targeted in blog posts and on product pages. When you write your website’s content, place key words wherever it makes sense to have them, but don’t try to stuff your content with keywords in unnatural places. Search engine spiders recognize keyword overuse as spam and will penalize sites that try to use this tactic to bring traffic to their site. As long you are mindful about what keywords you want to target and you don’t force them into your content, targeting keywords will help your website build relevance and attract qualified traffic.

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Oct 18

Building My Website: Finding a Niche

Let me just start out by saying that I’m no internet expert. I get on the interweb to blog for PMI, read other blogs, and check my email – that’s about it. I’m a writer, so for my job all I have to know how to use is a word processor. On top of that I have a bit of an aversion to technological advancements. I’ve just figured out how to use my phone to send picture texts, I hate the idea of tablet computers, I only barely got a twitter account, and I prefer reading books that are made of actual paper. A month ago I had the silly idea that I should start my own ecommerce site for the purpose of learning and having something to blog about, and I then made the mistake of sharing that idea with my boss. She thought it was a great idea, and now I’m committed to becoming an internet genius whether I like it or not. All joking aside, I’m really excited about trying my hand at website building and SEO, but it’s scary too. I think it’s this fear that’s got me all hung up on step number one: choosing a niche.

You see, ecommerce works best for little internet companies when they focus on one very specific thing, like compression socks for the fashion forward, or elvish translation software. Narrow focus means narrow competition and even though your customer base might also be small, it’s easy to dominate the market. Even if there are only two thousand people in the country that would ever be interested in cashmere compression legwear, they’ll be coming to you whenever they need their pretty socks, and that can translate into perfectly respectable profits.

Before you go stealing my internet business niche ideas, you should know that there’s a bit of a trick to choosing a good product niche. First, you want to pick a niche in which the products will earn you at least $15 per sale after paying the manufacturer and shipping. Legwear might be out on that one. A good way to check average product prices is with Google product search. Then, you need to pick products that people are actually searching for online. Google Adwords keyword tool is a great place to see how many searches a key word phrase is getting. A good rule of thumb is to stick with niches with key words that get at least a thousand global monthly searches. “Elvish translation software” is getting exactly zero searches per month, but “elvish translation” is pulling in a whopping 9,900 searches (is anyone else shocked right now?) but it looks like most elvish translators are actually free, so it’s probably not such a good product niche.

On top of everything else, it’s really helpful if the product niche you select is something you’re actually interested in, since you’ll be spending a good bit of time working with it. I have a few niche ideas flipping around in my head that fit the bill, but commitment is always difficult. I’ve heard from other people here at PMI that the product you pick is a lot less important than how you market it, and that it’s better to just pick something and get going than to waste time analyzing the options. I believe them, so I’m giving myself ’til the end of the week to settle and move on to step number two: registering my business.

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Sep 02

Lessons Learned from This Guy’s Mistake

Ryan Abood sells gift baskets online. His business has done very well thanks, at least in part, to his high ranking on Google’s search engine. GourmetGiftBaskets.com ranks in the top one or two for most of his industry’s keywords.

However, something happened a few years ago that changed his business forever.

In late 2008, everything was going well for Abood and his business until one day his site wasn’t showing up at all on Google. Out of nowhere, Google had removed the site from its listings. As Abood tried to figure out what was going on, he discovered that one of the companies he had hired to manage the site’s SEO had been buying links.

Lesson #1: Don’t Buy Links Google – and other search engines – will not be happy if they find out you’re paying someone for links. Their organic search results are intended to be organic, and paying for links is more akin to Digg.com’s new, unpopular business model – where the bigger companies automatically get more prominence.

Well, Abood admitted the mistake and apologized to Google (for which there’s actually an official form to fill out). This didn’t mean they’d automatically be re-ranked where they were before, so they had to expand their strategy. They began increasing their pay per click, maximized their affiliate programs, and – for the first time – implemented a social media presence utilizing Facebook, Twitter, etc. They also began closely watching and incoming links and removed them if they could be construed as paid.

Lesson #2: Expand Your Marketing Strategies According to Abood, Google penalizing their site cost them about $4 million. Now, any penalty is going to cost, but it’s likely it wouldn’t have burned so badly if they already had more variety in their marketing. Don’t wait until something bad happens to use the marketing resources available to you.

Since making those changes, Abood and his company have seen even more growth than before. Google’s penalty, which was the impetus to these changes, in the long run ended up doing more good than harm.

Lesson #3: Don’t Give Up Sometimes it feels like the best thing to do when a crisis like this is cut your losses and give up, but don’t confuse “best” with “easiest.” Push through and you’ll be better off for it.

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