Saturday, March 30, 2013

3 Powerful Techniques for More Profits Based on Solid Marketing Principles

By Xiuxiu Konghi


There are many things that are very fundamental and cannot be changed, and one of them is the relationship between marketing basics and successful business. The roughly hundred years of business preceding the web allowed people to discover marketing methods that are at the core of all business. Everything that made its way into usable marketing was developed in a process of testing to see what worked the best.

This type of critical information is what makes the difference between those who learn and those who do not. Perhaps that is why millions of them have not survived for long, but that can always be turned around if you want it to be.

If you were to dissect all you do with online marketing, you would notice common aspects they all share. Of course you will essentially market a product or service, but a service can also be considered a product, too. Then of course there is what you want in exchange for your product, and then you are talking about price which is another story. For your products, research what others in your industry are doing with their prices. Do your research and then vary your prices, or test them, and see which produces the highest conversions.

Take a good look at all you do with marketing, and there will be a fundamental framework to it. No matter what is being sold, it is your product, and that can be anything other than a physical product, too. Then of course there is what you want in exchange for your product, and then you are talking about price which is another story. If you are new, then it is a good idea to see what is happening in your market with prices. One thing that is smart to do is testing a range of prices, but be sure you understand why you have chosen a price.

Get in the habit of doing research because that is just the smart way to find out. Be willing to do more and work harder than the next guy, and that is how you can do that.




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