Category: Online Biz Tips

For loan officers and mortgage brokers, marketing the benefits of your products to your potential customers is very important to the success of your business. It is also important that you keep up with your competition’s marketing concepts.

Marketing can rear its head in many ways. Verbally, through networking. Business cards, mailers, flyers, billboards, radio, television, etc.

The point of the above named marketing methods is to get yourself and your products in front of your potential clients.

In the 21st century, the internet has become a very important and powerful medium in the world of marketing.

So it is very important that you keep up with it, because you better believe that your competition is.

Most mortgage companies, if not all mortgage companies by now, have web sites that you can refer people to, so that they may learn more about your company.

These web sites are great, but it doesn’t tell the consumer anything about you personally. And, more than likely, there is an 800 number leading them in a direction other than yours.

Here is where you might want to consider building your own personal blog about yourself and the services you have to offer. This way, you can direct your potential customers here to learn more about you and your products and services.

One of the many benefits to having a blog is for when you are dealing with a customer that is out of state, and you would never have the opportunity to meet them face to face.

Best of all, you don’t need to be a rocket scientist in order to build a blog. They are free, easy, and fun to build.

The internet provides a lot of great resources for building your own blog. You just register with a blogging site, choose a name for your blog, and they will provide you with the URL, and template.

The entire set up of a blog takes no more than five minutes.

Once finished setting it up, be sure to add a photo of yourself and a brief biography. As well as mortgage material you feel is important to your customers along with a description of your products you believe will be beneficial to their needs.

Than, every day you can add something new about yourself, your products, or the mortgage industry to give your customers a reason to keep returning to your blog day after day.

Once all is in place, be sure to add your blog address to your e-mail and your business card.

End conversations with customers by asking them to visit your blog, it is a great way for them to get to know you better, which is very important when it comes to building relationships.

Building a blog is very easy and very fun. And it can really be beneficial to you when it comes to building your book of business.

So give it a shot, you won’t regret it.

If your business is not on the Internet, it is not doing as well as it could. In today’s day and age, if you are not advertising on the Internet, you are losing a significant amount of business.

You advertise your business in local newspapers, local television and even local radio. That is good. You are getting enough business to keep you afloat. You may receive inquiries from the surrounding cities, or even the bordering states, and that is great.

What if you could attract business from another country?

When you finally decide to take advantage of technology, the Internet is an incredible universe of its own.

When you create a Website, and starting an e-commerce trade, you are opening your business to a whole new world. Businesses that would not know that you exist are now able to view your website, research your services and contact you with any questions.

By taking advantage of the Internet, you are allowing your business to grow in ways that it could not if you were to advertise with conventional methods.

In recent years, the E-commerce trades as raised a steady twenty-five every year and experts feel that this trend will continue. When you finally decide to take the plunge and get your business started on the Internet, there are a few steps that you should take before starting. This will be a nerve wrecking, nail biting point in the growth of your business.

There are steps to take before jumping in.

As with any new venture, do a lot of research. Find out what the statistics and trends are for your type of business. Make sure that your products or services are available as soon as your Website goes live. You want to have everything ready to ship as soon as you get an order. If a client feels that they have received exceptional treatment, your business will experience repeat business.

After your website is created and goes live, there is more to do. Advertising your business in the right manner is crucial. Joining E-commerce organizations and associations can give your business the boost it needs. These are groups of business owners just like you who want to advertise their businesses.

When you join these organizations and associations you are agreeing to their rules and terms. Most have very strict rules of conduct, and once established, potential clients will find you through them.

Remember, if you are debating whether or not to go forward and start an E-commerce Trade, your competitors are taking advantage of the Internet. For everyday that you procrastinate, your competitors will take full advantage of all that the Internet has to offer.

If you are not familiar with the “Do’s and Don’ts” of the Internet, have no fear. A simple search of the Internet will yield Thousands perhaps millions of companies who will explain to you the benefits of an online business. They will assist you in creating and maintaining an online business that will raise your standard of living.

The online community is definitely a large market place that you cannot ignore, especially if you have an Internet business. There are thousands if not millions of consumers that you can tap in the Internet.

At the same time, the Internet also poses a quite different challenge. The easy access that Internet provides also gives you as much competition as you can imagine. It is too crowded and congested.

Having a website is not enough to make your business running and able to compete. You must take other alternatives to give way for the online community to access your website at any rate or chance possible.

You have to expose your website. Make it known. It has to be visible. It has to be frequently targeted by consumers and surfers.

Invest in marketing your Internet site. There are basically two options available to you, the SEO and PPC. These two are probably the most desirable alternatives you can get for your Internet business as strategy for search engine marketing.

1. SEO

SEO stands for Search Engine Optimization. Some researches indicate that 60% – 70% of Internet surfers and users actually resort to using the Google search engine to find and locate web sites and pages, for any topic they desire. SEO is the process taken to make sure that the Internet uses will find your website when ranked among the top results of a search. This way you can make sure that you will be visible and can clearly stand out from the rest.

To get a search engine optimization, you will have to build on your own Internet site frequently hit Internet links to web site pages. The process will involve IBLN or Independent Back-Linking Network, wherein hundreds or even thousands of pages will be utilized to promote a particular website of a client.

In SEO, there is no need for you to pay for the clicks although it will require you to spend time doing research to get a favorable combination of ads and target audience. The SEO process is a long term one. It requires months, 6 months at the least, before the proper outcome is fully achieved, but once the goal is accomplished, you will definitely get a steady source of profit.

2. PPC

PPC gives way in advertising on a search engine. These are sponsored listings that you see whenever you make a search. There will be a charge whenever a visitor or web surfer clicks on any of your ads. There will first be a bidding process. The highest bidder for the price per click will definitely get the chance to be first listed in the search engine.

With this kind of advertising, you can still basically control your campaign as you get to create your own ad. You will also manage the target audience and still stay within the bounds of your budget. Most of the providers of PPC advertising will allow you to specify the target market, either by topic, industry or geographical location. You can also very well check if your ad gets to be shown at all and if it is competitive with the rest.

There are some guaranteed benefits when you get to maximize the PPC strategy.

PPC lets you advertise to the whole of the online community. It is also relatively easy to set up.

At first glance, PPC advertising may seem very expensive. Could it possibly happen that someone out there will go on clicking on your ad? This will definitely give you a large bill without the expected profit on your part. If this provides a lot of worries, be rest assured that there is a protection for you. Networks are able to recognize fraudulent clicks.

You can also set a budget for a certain period. The moment your budget has been used up by the target number of clicks, your ads will no longer be displayed until the next period you want it again displayed.

You will also be able to adjust well to changes in market demands and trends.

In deciding which of the two strategies will work right for you, think of your goals and of your resources. They definitely offer benefits and advantages that will work for your good. The better way to approach this two is to evaluate according to your short term and long term plans. Take the PPC course for your short-term goals and choose SEO if you have long term ones.

There world is out there for you now. Just make sure you do what will work best for your entrepreneurial endeavors and visions. The secret to success lies in your hands. Just study your options well and you’ll get exactly what you want!

In most forums registered users are allowed to add a signature line underneath their name. Your signature will show up each time you make a post, which works in your favour, because in this way you will be subtlety promoting your business without spamming anyone. It is important that you post to the forum frequently, some forum posters don’t bother to look at the websites of users unless they are regular users of the forum, and then they may eventually get curious. You have to build your reputation at a forum as a trusted reputable source, someone who is in tune with the online business world.

Another thing is if there was a discussion and you just happened to mention that you have a website, some people may decide to check it out just out of curiosity. It doesn’t matter why they chose to do it, the important thing is that you provided enough interest to make someone want to check your website in order to obtain more information. But you must be careful when doing this, some chat forums may consider this to be spamming, your best bet may be to ask the person if you could pm (private message) them the information about your website, this way you won’t run the risk of spamming anyone.

Another way a forum may help you draw traffic to your website is to casually weave your business into conversations as appropriate. For example, if you’re promoting website domains and hosting, and someone posted that they want to create their own website, but they didn’t know where to begin, you can casually mention you know of a place where they can get reasonably priced domains and hosting, you can then just ask the poster to pm you for more information, when they pm you can than give them your website.

Also you don’t always have to promote your product or website. If you show that you are knowledgeable about business, the other chat forum posters will take note which works to your advantage because now the posters are more likely to want to click on the link in your signature.

Posting Blogs and articles are a great way to drive traffic to your website. They create back links to your website. Blogs, articles, and forum posting are all very subtle but powerful forms of marketing. Chat forum posting is a very effective form of marketing, you just have to stick to the rules of the chat forum, especially the main rule NO SPAMMING!

Build your reputation of someone that’s knowledgeable and experienced, keep your marketing approach subtle but informative, let your signature do most of your advertising, make sure you signature line grabs the people’s attention. Just remember subtle yet powerful.

Sometimes skimping on things can save you good money. But skimping is not always the wisest business strategy. For example, I could’ve written this article in the windows program notepad as opposed to Microsoft Word, and saved a good $500 and never had to buy the latest version of Microsoft Office… However, wouldn’t it be worth the $500 if the improved impression of professionalism put forth in all of my writings some how garnered ten times that in profit? Would you have read this far if I had unknowingly published this article with a horribly obvious typo in the title? That’s right – an insignificant error caused by “saving money” can actually COST you money in the long run.

## Impression Is Everything! ##

If you have spent months developing a beautiful ecommerce website to give people the impression that you are the safest choice for whatever product or service you’re trying to sell them, then it’d be pretty stupid to have all of that professionalism dismissed by a simple mistake: assuming you’re going to SAVE money by not getting a toll free number!

The fact is, the sight of a toll free number is something that subconsciously stirs an idea of professionalism – something we’re accustomed to from corporate America. Area codes are for calling your relatives and friends, after all. The phone prefix “800” or “877” or “888” for some reason, as if by magic, stirs in us the image of a phone operator in a tall skyscraper that deals with hundreds of clients a day – someone that doesn’t make their living off of ripping people off. The appearance of professionalism is the embodiment of confidence within the business world.

## Okay, so you’re convinced… now what? ##

Not having a toll free number for your ecommerce business (no matter how small) will cost you more in the long run than the short term savings will save you. The best part is though that toll free numbers are not NEARLY as expensive as one might be inclined to think! In fact, at the moment the prices for toll free numbers are as low as 2.7c/min

## What other services can I benefit from? ##

It just so happens that toll free numbers are not the only affordable telecommunications service that might be useful to the owner of an ecommerce web site. Conference calling (for those teleseminars), low long distance rates, broadband or t1 internet access, and more are all examples of things that can be gotten more cost effectively off the internet via web pages.

There are two things to remember on Twitter that are key:

1. You need a third party Twitter client

2. You have to engage the community with value

If you keep those two things in mind then you will be off to a great start.

The first thing you need to do when new to Twitter is to get a Twitter client – I like to use Hootsuite. I suggest you also use this. The benefits are many.

First off the Hootsuite layout is much easier to use effectively than the actual Twitter set up. It will allow you to do much more than the traditional Twitter dashboard. In fact you will be able to:

Create Custom Search Columns – See every Tweet that mentions a keyword you set, as it happens in real time.

Track your Tweets – Hootsutie has great analytical tools that will track click on your Tweet links, retweets etc…

It Runs in Browser – So no downloads to worry about, you can access it from ANY computer that is connected to the internet.

Manage Multiple Accounts – It lets you manage more than one account and in fact allows more than Twitter. I have my Facebook linked as well.

Scheduling a Tweet – You can set up Tweets to be send out at any time you want. This will allow you to keep a consistent presence on Twitter, and is a time management tool as well.

Hootsuite is also free – so that is a nice addition!

Once you are set up on Hootsuite it is time to start Tweeting. Keep these best practices in mind when Tweeting:

Set up search columns that are based on key terms within your niche. Engage these people.

Don’t spam links – you want to offer value to the Twitter community. For every link of your own you promote, you should have at least 5 nonpromotional @replies to other peoples Tweets.

Retweet others links and interesting Tweets. This will foster a sense of community.

Engage with people on a personal level

Be yourself – it is OK to be different on Twitter

Respond to anyone who Tweets you or about you

Leave 20 spaces in your tweets so people can easily retweet them

Use and learn about hashtags!

Really the most important thing to remember is Twitter is a community. You want to be a valuable part of it and not a spammer. Think of Twitter as a cocktail party – you wouldn’t go up and give random people your business cards, you would chat first, get to know them, find some common ground etc… That is how oyu should use Twitter.

Building your followers might seem like a grind at first, but eventually you will get to the point where your followers start paying off – and then you will realize the grind was well worth it.

E-Books are part of the new frontier of cyberspace. They are an entirely new medium for sharing marketing information, ideas, techniques, and expert knowledge. Each day the number of people accessing the Internet grows, causing the exposure of your E-Book to increase incrementally. It’s obvious why electronic self-publishing has become so popular so quickly.

The publishing industry, I hope, does not intend to forever banish the printed word to the dustbin of history. Books in print have their own special qualities and merits, and the world would be diminished by their disappearance.

Having said that, let’s look at what makes E-Books so important and so unique.

E-Books have certain abilities and qualities that other mediums do not possess. For example, E-Books are fairly easy to produce, and their production cost is inexpensive. Just think about it: you don’t need a publisher, an agent, a printing press, offset film, ink, paper, or even a distributor. You just need a great concept, the ability to write it or to hire a writer, and the right software.

Additionally, E-Books are easily and rapidly distributed online. They are also easily updated; they do not require a second print run. All you need is to go into your original creation and modify the text or graphics. Because of this flexibility, E-Books can change and grow as fast as you can type.

E-Books are also immediately obtainable. You don’t have to go to a bookstore or search through endless titles at an online bookstore. All you have to do is download it from a website, and presto! It’s on your computer, ready to be read.

E-Books are interactive. This is one of the most unique and specific qualities that E-Books offer. You can add surveys that need to be filled out, order forms for customers to purchase your products or goods, sound and video that draw your reader into the virtual world of your E-Book, even direct links to relevant sites that will expand your E-Book outward. The potential is virtually limitless.

E-Books have a particular kind of permanence that other mediums do not possess. Television shows and radio shows air once, and then may rerun a few times. E-Books remain on your computer for as long as your choose, and they can be read and reread whenever you choose to. They can even be printed out and stored on the shelves of your traditional home library.

Another wonderful quality is that E-Books have no barriers in terms of publishing. You don’t need to go through the endless process of submitting your manuscript over and over again, and then once you land an agent, having the agent submit your manuscript over and over again. Nor do you have to shell out thousands of dollars for printing a self-published book. All E-Books require is a writer and appropriate software.

Figure out your market, write your book, post it on your website, and with the right business savvy, your audience will come to you.

Finally, you have creative control over your E-Book. You don’t have to compromise with an editor or the publishing trends of the time. You don’t have to haggle with a designer or wait for copyedited galleys to arrive by snail mail. You are in complete control of the design and the text.

I’ve interviewed a lot of entrepreneurs in the past 6 years and all the successful ones share a common belief. It’s the “Can Do” attitude. It doesn’t matter what’s going on around them, who says it can’t be done, who says it can, they put on the blinders and do it. They make it happen.

Now along the way, we all pick up skills we need to develop to deal with different aspects of our businesses. As you grow and develop and learn more about how to do business and you start experiencing success, you develop your self confidence. You become more comfortable having intelligent conversations with other people in your industry.

You learn to set goals. And then you learn how to achieve them. Just thinking I’d like to make a million dollars this year isn’t going to do it. You need a plan. You need to plan your work and work your plan. I love expressions ?

And you have to learn how to guard your time. You have to be ruthless with your time management. I set a schedule for myself so my day is broken up into blocks.

I answer my email first thing in the morning until 10am. If I’m not done by 10, the rest waits until the next day. I’m in internet marketing not in fire fighting, so there’s no emergency that can’t wait until tomorrow.

Next I spend 2 hours on my marketing. At 12 I stop for lunch for 30 minutes. I read during my lunch and then I read until 1pm

From 1pm-4pm I work on projects

From 8pm – midnight I work more on projects and tie up loose ends

Time is more valuable than money. It’s the only thing all human beings share. None of us has more or less hours in a day. And you can never get back an hour you waste. My biggest pet peeve is to hear someone say “I’m just killing time.” I have nothing to do so I’m just hanging out killing time. What a waste of a life.

What is so special about each holiday season? They all increase the selling of products. There are many reasons why you should consider seasonal marketing to promote your products, including the seven which are listed below:

1. People tend to buy more products during seasonal celebrations than the rest of the year.

2. People are determined to purchase products, so it is easier to persuade them to purchase a product you offer (assuming of course you are doing it the right way).

3. Most purchases concern gifts to others, therefore quality is what matters while price is less significant.

4. The time of celebration is limited and specific. Therefore people cannot leave for tomorrow what they need to buy for the celebration. They must act in a timely manner. This urgency is a huge advantage to marketers trying to sell products.

One other motivating factor for buyers is that seasonal products are limited and something they have in-mind may not be available in the stores at a different time.

5. People connect seasonal celebrations with their childhood. That makes them more emotional and as you might already know emotion is the key factor that makes people buy a product.

6. It is not always necessary to offer a celebration related product to increase your sales. Even a valued Internet product like software or e-books can be a valued gift.

7. Marketers do not have to invent new or never before used methods to create interest in seasonal products.

The old traditional marketing techniques are effective and can still be applied. People want to buy because of the “celebration”. In fact, many people may not see their purchase as buying at all, but as an act of making someone (including themselves) more happy.

Naturally, seasonal marketing may use different strategies to promote products. Instead of offering a product discount try the following:

– Offer a portion of the price of your product to charities and make people feel they contribute to this charity themselves.

– Try a special offer like “purchase one product and get the other at half price” or “purchase one product and get another free to offer as a gift”.

These types of special offers can very easily increase your sales volume.

So, do not hesitate. Start promoting your products (or affiliate products) now. And don’t forget, once a celebration ends, there are many others right around the corner. People are always looking for reasons to purchase gifts for others or for themselves.

Most businesses spend a huge amount of time and money looking for NEW customers. We advertise, make phone calls, even travel cross country for meetings, all in the pursuit of the ever elusive stream of new customers.

What we’re probably forgetting is that up to 80 percent of our sales growth can and should come from PAST customers. People who have bought from you before are pre-sold on you, your products, and services. It often just takes a simple reminder to get them

to buy again and again.

A while back I was talking to a group of realtors. When I asked how many followed up with old customers, only a couple of hands went up. Even though most customers will sell their home and buy another within just a few years, hardly any of the realtors

were considering how MUCH that repeat business could increase their sales.

I don’t mean to single out realtors. Just about ALL of us could increase our business simply by getting in touch with our past customers.

I’ve found the most effective way to say, “I’m here and can help you,” is to send a genuine paper greeting card by regular mail. It’s FAR more effective than sending an email, mailing a sales letter, or even placing a phone call.

Paper greeting cards say “I appreciate you.” Everyone loves them! Send cards to past customers to let them know you miss them, send them to employees for a job well done, send cards to prospects on birthdays. These are just a few tried and true ideas, and I’m sure you can think of many more.

Now I’ll admit choosing, buying, and mailing a greeting card can take a lot of time and a fair amount of expense (figure $3 for the card, $4 for the gas to get to and from the store, and even more for postage).

The time and trouble involved is one reason why greeting cards are so effective. First of all, the recipient doesn’t receive many cards, and secondly, they intuitively know just how much trouble you went to.

But let me share a little secret with you. There are new systems now that let you log onto a web site, choose your card, affix your digitized signature, then the service regular mails your card for you. The cost for the entire package can be as little as $1 per card, and it only takes a few seconds to do.

Can’t remember important dates? These same services will let you enter all your dates for months, then send your cards out automatically.

If you’ve got lots of relatives to keep up with, your customers would appreciate this special gesture, or you know your employees would be motivated by a nice pat on the back — then sending paper greeting cards is a communication tool you shouldn’t be without.