Over the past four articles we reviewed Brian Campbell’s path to making $10,000 in just a few weeks, how he created buzz with a review by John Chow, how the buzz grew at virally to unimagined proportions, how the Social Media Marketing System was borne, and now, lets hit the bottom line. How much are the hidden expenses of an online business?
The answer to that question depends on your business strategy. What do you want to achieve? How fast? How will you go about it? What tools do you need? Lets start with something simple, you need:
a. Credentials…
1. Your credibility depends on what you have being doing up until now. If the only thing you have on your website, or profile are pictures of last weekend party, and of you throwing up, you have a hard road ahead of you. We will discus how to go about fixing your persona on another article.
b. Niche…
1. You need to specialize in a particular area. Otherwise, you will be a Jack of all trades and master of none. It is ok to refine your target as you go, but you will need to know sooner than later if you want to go about creating a site about education, golf, party, science, archeology, politics, or what.
c. Product…
1. Will you be selling a service, or a tangible product? Will it be golf clubs, memberships to a club, information, an e book, coaching… You need to know this because you should be able to see how much your product cost to produce, fixed expenses like storage, shipping, postage, handling, etc…
d. Marketing strategy…
1. Will you use word of mouth? Will you buy advertising? Do you have the know how to do everything yourself or will you need coaching? How will you create buzz? Do you want to find a joint venture partner and pay him or her to create the buzz for you? Will you do radio or TV? Magazine ads perhaps? Do you own a list of potential customers? Remember that spamming is against the law. My best suggestion is to get a list of double opt in leads. You will need an auto responder. I suggest Aweber.com.
e. Store front…
1. Many Internet Hosting Services will provide you with a store front, and will help you set up a business account somewhere. As you grow, Pay Pal will not be enough. You will need to be able to accept credit cards. Your store front can be your website. Will you have a blog (highly recommended). This cost money. You will need a domain name or several, be ready to pay at least a year in advance. It will be cheaper, and you will be able to snatch the domain name that you like right away. If you don’t, many domain providers will keep the information or the proposed name and if you do not buy it, next time that you go and check, the domain will be unavailable unless you pay a hefty premium.
What have I forgotten? Let me know and give us your opinions… What are your questions?
Remember to…
1. Don’t forget to vote for this blog as the best blog in Marketing and business. Just click on the buttons on the right. You can also nominate your favorite blogs in their respective category.
2. Of course, make sure to share this advise with your friends via Digg, Stumble, Face Book, or your favorite social networks.
3. Do subscribe to our Newsletter.
4. And, remember to subscribe to our blog’s feed.
5. Add me as a friend at Sta.rtup.biz, on FaceBook, MySpace, LinkedIn, follow me on Twitter, StumbleUpon my articles and profile…
6. Recommend this blog to your friends…
Posts
21 comments:
Thanks for the nice sharing.
My pleasure.
good contents and nice site
cool blog . give great info will look forward to posts.
Social media optimization (SMO) is a set of methods used for generating publicity through social media, online communities and community websites. SMO also includes adding RSS feeds, adding a "Digg This" button, blogging, adding images and videos.
The single most important benefit of SMO is its targeted approach though improved search ranking. The links are promoted only and exactly according to the interest and requirement of the people. This ensures a high quality of traffic.
you have a nice site. thanks for sharing this resources. keep it up. anyway, various kinds of ebooks are available here
http://feboook.blogspot.com
Internet marketing is fast outpacing traditional advertising in its popularity and the reasons are obvious. Internet marketing offers you the most cost effective solution when it comes to comparing between what you have paid to reach to the targeted audience and what response you have got in return.Internet marketing in most of the cases adopts a personal approach to reach out to the audience quickly and in the process.
I admire the valuable information you offer in your articles. I will bookmark your blog and have my children check up here often. I am quite sure they will learn lots of new stuff here than anybody else!
micro-blogging
Thank you so much for posting this great article, I am so interested on what I read, good and useful content about "Social Media Marketing System Costs", I would like to invite you to take a look to kamagra jelly, you will find some good stuff there.
Great article, J.A! This is basically what a new comer need to know in starting up their business through social media. With the help of interactive social networking website designs, you are one step ahead of gaining online followers. Clever ideas from the social networking development team can also be of help in making your online business successful.
It is wonderful of you to share a piece of yourself to us.
designer swimwear
Nose Lift is not just a surgical procedure but also an art. The surgeon who will perform the said surgery should be an expert so that the result can give the patient a more pleasing appearance.
Nose Surgeon In Australia
You have a wonderful post.It will nice sharing and i got knowledge.Thanks for sharing it.
Ecommerce modules
Social media is where millions of people spend their time, and this is why it is important to start networking and gain some connection to support your site and succeed online!
SEO Services Philippines
So what particular niche that has high potential of earning $$$? I am considering using marketing with social media, do you think it will be a successful venture?
Hi, Nice post thanks for sharing. Would you please consider adding a link to my website on your page. Please email me back.
Thanks!
Randy
randydavis387@gmail.com
It gives me excellent enjoyment to look at your website and delight in your excellent content here .Very userful blog i highly appreciate it .This type of blog keep user interaction with the website .
taxi to heathrow
I am really enjoying this series .There are a lot of wonderfully wise people out there to learn from . I am just wondering if
it would be possible to include some screenshots of the blog you are taking about.
Good Share looking for more stuff like this
meet and greet Heathrow
This is a great inspiring article.I am pretty much pleased with your good work.You put really very helpful information. Keep it up. Keep blogging. Looking to reading your next post.
Ski Holidays
Social media marketing can play important role in your business marketing. social media marketing provides a way for business owners to increase their business sales.
facebook analytics
Post a Comment