Six Easy Steps For A Profitable Online Marketing Strategy

by: blog-editor2 , March 4, 2011

1. Research

Any marketing strategy not founded on research probably has no more chance of success than the roulette table. That doesn’t mean it has to be incredibly expensive, but some market research built on real facts and figures is crucial for a winning marketing strategy.

2. Branding

Before launching any new marketing strategy, you must have developed your brand image in order to ensure maximum results in both the short- and long-term. This development should at a minimum include a unified brand incorporating your business name, web domain name, a toll free vanity number, and a logo. Unified branding will result in the biggest yields in terms of direct responses as well as repeat and future business.

3. Testing

Testing is absolutely critical for maximizing marketing ROI and survival in every industry these days. Once you have done your research and branding, get your online assets up and running quickly because without action, there can be no returns. However, instead of throwing your whole marketing budget on one channel or ad set, start slow, see how you can improve conversions, and constantly be improving your marketing strategy.

4. Grow Traffic

Before you can make a real impact in your industry and see high volume results from your marketing strategy, you are going to need to be able to get your message in front of a lot of prospects. It is true that paid Internet advertising is still an essential and effective part of any marketing strategy. Yet, growing your fan base, followers, subscribers, and website traffic will ensure you get the highest possible return on all of your future marketing efforts. Try building your opt-in email list with free reports, and run competition and promotions to bolster your social media fan base.

5. Create Your Funnel

While the main focus of your marketing strategy right now may be to generate immediate deals and revenues, do not overlook the future value of your contacts. Build out your product funnel so you can automate follow up and make the most out of every lead.

6. Monetize

Once you have your online marketing flow working smoothly and have cultivated a large following or at least a large amount of regular web traffic, it is time to monetize it and start really turning on the profits. Your main product line may be performing, and you may be converting others down the road through your funnel, but by joining leading affiliate marketing programs and working them, you can dramatically increase the value of every visitor to your site and really put the icing on your marketing strategy.

Image Credit: © Dmccale | Dreamstime.com


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