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 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 08

Times, They Are A-Changin’

business changing pmi

“Become a student of change. It is the only thing that will remain constant.” 
-Anthony J. D’Angelo

Staying on top of technology and business trends is an overwhelming prospect to businesspeople, particularly those that grew up before the internet was a common fixture in every household across the country. Tech fluency is like any other kind of language, if you don’t use it you lose it. So use it every day! Participate in social media, build a website, or figure out some other way to force yourself to pay attention to whats happening in the world of technology and learn how to use it. Because the times they are a-changin’ and they ain’t gonna stop.

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Oct 25

Tweeters to Follow

As an internet entrepreneur, you should concern yourself with staying on top of technology, internet trends, and SEO for the sake of your business. You could spend hours a day researching the different markets that apply to your business, but we don’t think staying informed should require such a time commitment. My once loathed and now loved friend, Twitter is just the tool for staying on top of the news without spending half our lives wading through irrelevant headlines and lengthy articles. Twitter’s bite-sized posts are perfect for passing news along as quickly as possible, and if you follow people that care about the same things as you, it’s like having your own professionally-curated collection of news that matters. Here are some of our favorite tweeters in the internet, blogging, SEO, and business worlds.

@copyblogger: Brian Clark, owner of copyblogger.com tweets about blogging, marketing, and other internet stuff that is mostly related to blogging.

@incmagazine: This is the official twitter account of Inc. Magazine. This is a great resource not only because it’s dedicated to entrepreneurial ventures, but because of the community that congregates at Inc.com and interacts with them on twitter.

@TechCrunch: We like following Tech Crunch because they give us all the techie news we need, whether it’s about social media, gadgets, or the latest merger of leading tech companies.

@jennydeluxe: Jenna Wortham is a New York Times tech reporter. She’s clearly an insider and following her tweets is like having a well-informed and interesting buddy that knows as much about pop culture as she does about the tech industry.

@thebizguy: This is the account of Young Entrepreneur co-founder, Adam. A lot of his tweets link back to posts on his blog, but he also interacts with fellow entrepreneurs and retweets relevant entrepreneurial articles and resources.

@seosmarty: This is the feed of Ann Smarty, an SEO expert that tweets about (you guessed it) SEO. Recent tweets links to articles about how meta search engines work, making the most out of guest blogging, and viral marketing.

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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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Jan 06

Stay In ‘The Know’ With Events

In such a competitive world, it’s important to always keep yourself current with the happenings which surround your world. For example, a computer programmer will quickly fail in his profession if he never attends a conference in his field after graduating. The inside tips and tricks which one receives, to say nothing of the renewed vigor for ones work, at trade shows and other events cannot have a price attached to it. They are THAT important.

Many professionals at PMI and their partners understand the value of staying up to date with the events which come along from time to time, and they carefully select which conferences they will attend to boost their knowledge and skills. Most often these conferences are out of state and require planning and money to attend, but are worth every penny if you prepare and make the most of them!

Some conferences last just one day, while other’s take an entire week! Consult with a Professional Marketing International coach today to find out more about attending a conference in your chosen field. If you’re lucky, you may even have one coming up soon in your area!

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Jan 02

Accountability: The Secret Ingredient to Success

Like most prospective entrepreneurs, you’re probably thinking of new business ideas at least a few times per month. And over the past 5 years, you’ve probably had a few brilliant ideas that would have created an incredible lifestyle for yourself…had you just implemented them. Sure, sure…you have good excuses for not making it happen…right? Most likely your excuse has something to do with ‘time’. Well, regardless of your excuses, you should reflect deeply upon the following quote from John Grenleaf Whittier:

“For all sad words of tongue and pen, the saddest are these, ‘It might have been’.”

As you haven’t implemented your ideas, it’s not just your bank account which hasn’t reached its full potential. Think of all the people who could have benefitted from your ideas. Think of all the lives you could have personally improved had you converted that powerful idea from your brilliant mind into a tangible product or service! Ouch. Sad, isn’t it? Well, before you beat yourself up…remember that there’s still hope!

One of the principal benefits as a student of PMI Education is the accountability factor. The Professional Marketing International success team has years of experience in helping people achieve their business goals through expert coaching, education, and accountability. Not having someone you feel obligated to report to on a consistent basis can be detrimental for any start-up business. Most people, if not held accountable, will simply avoid or delay following through with their plans for one reason or another. Once you are involved in the PMI internet or Real Estate consulting program you’ll discover a far more efficient and successful you!

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Jan 02

The Power of Preparation

The sports team who shows up on game day ready to play has a much greater chance for success than the team who hasn’t done anything special to prepare themselves for the meeting. Likewise, the same principle in sporting also applies to business. Preparation empowers the individual or group to excel, especially when the time spent has been highly efficient.

PMI Education seeks to improve the lives of others through programs, principles, and one-on-one coaching or consulting. When our internet or Real Estate students study with our coaches the additional effort always brings rewards. It’s no surprise though, because preparation has been preceding victory for centuries in just about every aspect of life. War, love, politics, sports, education, and of course business are areas where preparation are almost always necessary for success. Clearly there are always exceptions, but those come at the hands of fools which rest their futures on fate.

Applied to business, entrepreneurs should do everything possible to understand the past, present, and future of what they’re attempting to accomplish. They should spend significant amounts of time learning about the direct topic as well as sub-topics which may come into play. Being prepared will always help. Being over-prepared is impossible. Being under-prepared…well, that’s either foolish pride or ignorant confidence.

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Dec 21

Can I Start A Business With Just 1 Extra Hour A Day?

You’re not alone in wanting more time during the day to accomplish things. Just about everyone with a desire to achieve has had that same wish…more than once. Unfortunately, that wish isn’t going to come true. We are all allotted the same 24-hour period during any given day. The difference, however, comes in how we choose to spend those 24 hours.

It was once said that “Average people talk about the TV shows or movies they’re watching, while successful people talk about the books they’re reading”. This is simply an example of how people choose to spend their time. In most cases watching a TV show or a movie, while quite entertaining and a great way to keep you in the know in certain social circles, isn’t going to help you become a more intelligent or successful person. However, filling your mind with knowledge and new insights about various topics will certainly help you achieve greatness. If you really want to make waves in the world, you’re going to have to make changes. Most of all, sacrifices will need to be made. And remember that it’s not a sacrifice unless it’s difficult for you to do.

Professional Marketing International has frequently helped students learn to more effectively manage their limited time. It’s never a magic potion which provides them with more time, but simply a look into their schedules to cut out the waste and inefficiency. Our consultants’ aim is to free up at least 1 hour per day to enable our students to achieve their entrepreneurial goals.

With just an hour a day, you’ll be able to research Real Estate and ecommerce opportunities until you find one that catches your eye, create a basic game plan and schedule, work on your business, and very probably pull in the first of many checks to come in the first month alone! Realizing you have what it takes, however, is not the secret to success, but rather implementing what you’ve learned. Don’t just talk the talk, but walk the walk…all the way to a successful business complete with extra income!

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Dec 21

Why You Should Be Using YouTube To Boost Your Business

One of the Social Media outlets that makes marketing VERY fun is the online video king YouTube. You can really get the creative juices flowing by using this method. Many entrepreneurs rely on free methods to advertise, and YouTube is the perfect example of free advertising. PMI coaches will suggest that their students use this method in almost every case, because it just works!

“YouTube is a community where people are entertained, informed, educated and inspired through the sharing of video. Did you know that 71 million DIFFERENT people throughout the world visit YouTube each month?!

Online Video isn’t the future, it’s the present: 75% of Americans watched a video online last month. And YouTube is far and away the leader in this space with hundreds of millions of videos viewed daily.

YouTube offers a unique opportunity to connect with your audience in a personal and targeted way — and the ability to do so at massive scale.”

Now, you’re probably wondering… “Can I REALLY make money with YouTube?” You’d better believe it! Wow…there are many different techniques to help you make money by using YouTube. So many that I’m certain I won’t be able to list them all, so I’ll introduce you to the main strategies that are out there right now.

Create great videos. If you’re creative, or have an idea…you can make great money. You never really know if a video is going to take off or not, but you should be prepared! I see videos that are getting thousands or more hits daily…but the owner hasn’t linked them to any ads! It’s crazy! For example, the other day I came across a video some lady at a block party in Milwaukee recorded of a tiny 7-year old dancing that had TONS of views…but she didn’t have a single ad! All those opportunities for revenue…gone. I just checked again, and it appears she’s since added some links, so I’m glad she figured it out.

The video is a perfect example of something out of nothing! Yet, for all those who have great videos like this one, but haven’t added anything to help them profit from it yet, I just think of all the money or potential lead generation they’re missing out on…and I honestly feel bad for them. Well…I’m jealous of their hits, but also feel bad that they don’t know what they’re missing. Maybe I should become an Ad broker for these types of people and introduce them to the opportunities available…then split the profit?!? Well…the secrets out. There’s another way to make money on YouTube!

Affiliate Marketing

Here you can show watermarked URL’s in your videos or post links in the description area to the right of the video. These are excellent ways to drive traffic to your personal or business website, or direct people go to buy products that you earn affiliate commission from. Of course, this is contingent on your video being found…but I’ll discuss more about getting your video found in a bit.

You can even use Video annotations to help viewers understand your video, which will help to promote it. Video Annotations is a new way for you to add interactive commentary to your videos! Use it to:

  • Add background information about the video
  • Create stories with multiple possibilities (viewers click to choose the next scene) (choose your own adventure)
  • Link to related YouTube videos, channels, or search results from within a video

You control what the annotations say, where they appear on the video, and when they appear and disappear.

YouTube Channel

You can have your very own customized channel. Color, background, layout, etc. You can hold contests, promotions, or just become a popular site for people like you! Do this for yourself, your business, or anything else you want to spread the word about. If one of your videos catches on, and you’ve put the proper steps in place then you’ll start seeing the profits roll in and be glad you did something about it!

Advertising

It doesn’t matter if you’re a top 50 advertiser or a local business, because YouTube has a way you can advertise that won’t break the bank! YouTube has made it possible to get your Ad seen by a particular group of people.

They have created incredible ways to get in front of your audience! You can place an ad just about anywhere on the page! Notice the red marks on each thumbnail. Each one of those represents an area where you can post your video Ad. Depending on which method you choose, people either view your ad right there, or are taken to another page to view your ad. YouTube is creating all sorts of methods to advertise to suit just about any situation.

YouTube Overlay Ads (My Personal Favorite)

People can watch an ad if they click on a transparent overlay ad that pops on your video. You get paid per view…and your video is paused while they watch. http://www.youtube.com/watch?v=n-q5zZ1p2eM

These YouTube Promoted advertising Videos help you get more views for your videos, and they link to your Google AdWords account. They’re PPC, not pay per view. You can create your own advertisements and YouTube will send put them in front of the audience you choose!

Insight

Within your account you can see detailed statistics for your videos with something called Insight. It’s basically Google Analytics for YouTube, and it’s really cool to see. I found all sorts of interesting information that will help me to know the best times to place ads on my videos as well as the demographics of my audience for different videos. Incredibly useful information! Just think of what you could do!!

Here’s a list of some more ways you can make (or save) money with YouTube. All of these topics are discussed within the Videos and Articles within this website, so keep learning, find the methods that would be most beneficial to you, and get them rolling!

  • Save money by hosting videos on YouTube rather than your own site
  • Create your own commercials or advertisements and post them for Free on YouTube
  • Become a YouTube Partner (if you have frequent popular videos)
  • Start a Video Blog
  • Use Video Captions. (Similar to Video Annotations)
  • Put Premium YouTube Partners videos on your website
  • Use Social networks such as Facebook, Digg, & StumbleUpon to promote your videos

It makes sense to tap into YouTube. The YouTube community views hundreds of millions of videos everyday! That’s more than any TV network, Cable network, or social network COMBINED! It provides an incredible opportunity to get in front of your audience!

I want you to check out this page on YouTube to learn more about the incredible opportunities that are available to make money with YouTube. It’s an inspiring video, so check it out!! http://www.youtube.com/user/advertise

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