Residual Income Business Opportunity – Product Development

Launching your product with positive impact and giving your residual income business the best chance of successfully making money online relies upon you having spent enough time researching your target market properly.

It is a mistake that internet marketers and any other online residual income business owners make, to fling themselves headlong into creating a website, taking the time and trouble to set up squeeze pages (lead capture pages) and sales pages without first establishing that the products they intend to sell have enough demand on the internet.

There are two common mistakes made.

First of all, not finding out if the size of the market online is big enough to sustain your sales targets. And by that I mean checking out keyword research tools to find out exactly how many active daily searches are being made for the products in question.

And second of all, (which is a bigger problem) advertising products on the internet that are in demand but the competition is so great that it is virtually impossible for the new start business to get their wares in front of their potential customers.

That is why the savvy online marketer really gets to grips with niche marketing. Understanding that a product can satisfy lots of niche markets and as a consequence each niche market should be tackled differently to the rest.

Let me give you an example of how this may work.

Let’s say you were trying to sell rechargeable batteries. If you simply advertised your rechargeable batteries on the net you would be competing with a massive number of sellers out there, in fact probably too many to make a real impact.

However, if you were to niche your products into tailoring them for specific markets for example Samsung digital cameras, Kodak hand held video recorders, Petzl head torches, Gillette nose hair trimmers, you get the idea!

If you chose say 50 niche markets you would be reducing your competition massively, satisfying a much more targeted need and therefore be much more relevant to your target audience as well as finding it much easier to get your offer in front of them.

Therefore, niche marketing is fundamentally important if you want to be successful marketing and selling your products online.The question is how do you achieve that in the best way that will keep you ahead of your competition?

Link Exchanges or Business Development Strategy

Viewing the ever growing issue and concern of Link Exchanges and the method by which they are being performed, I can clearly say to every white hat SEO consultant that WE HAVE A PROBLEM.

I myself as a manager in several organizations receive my share of irrelevant and sometimes insulting exchanges of link invitations from companies/organizations that have absolutely no relevance to my area of business and/or complementary industry. I am always amazed that those companies portray themselves in such a poor manner.

The Common Method

It is a known fact that links are a major concern for every site owner or SEO consultant looking for better rankings and higher PR. Today site owners and even some SEO consultants do not care where they get the links, sending thousands of e-mails through automated programs to whichever company/website that comes across their path. These companies work on a pure statistical assumption that out of all these thousands, few individuals will agree to the exchange.

The problem with this method is that most of us today regard Link Exchange as nothing more than another form of spam. This results in a built up resistance in cooperation to take part in a Link Exchange program as it might indicate your website as a non professional website.

I believe that part of the solution to this problem is for anyone who is looking for SEO consulting to take better care as to whom he/she chooses and to take some involvement in the process of his/hers company’s representation to the world.

Link Exchanges as a Business Development Strategy

After years of conducting Link Exchange activity for my business and those of my clients I started noticing the effect this program brought to my clients. I further wondered how we could create a more organized and thought-out effect from the beginning.

The Effect: The effect that started to happen for my clients was that slowly but surely they were gaining international contacts and forming business relations with distant partners, thus enabling them easier access to their local clients and free promotion of their name. It also brought activity into their circle of contacts and other business associates. That of course led to formal relations which evolved into a full international network with a sole existence to serve the respected clients of the international network’s members.

Creating the Effect

The development from this point was very natural, as it was logical to assume as a multilingual SEO expert that the bridging between cultural differences and forming the same kinds of relationships with local companies and in their own language will add to the tremendous strength of this business possibility. This is exactly what we did, realizing that giving time and attention to the type of companies you are contacting and industries you are targeting is imperative to the success of your Link Exchange campaign.

Many times I have heard that Link Exchanges work on statistics and the more you send the more links you will have. This theory might be true but the quality of the link is affected by this method, and not to mention the constant depletion of the internet resources such as SERP and directories while e-mailing in ignorance.

You will get more links and much more directed traffic and generated business if you take time and thought to the quality of your Link Exchange program. This had taken a tremendous effect for all the companies I consult and work with and will have the same effect for you.

Another excellent way to broaden the Link Exchange program is to contact the most desired of exchanges and explain the idea of business development opportunities that may be involved in such an exchange.

Conclusion

To summarize my thoughts and experience on the matter, the link exchange program will stop having a negative effect on the SEO industry, if professionals and non professionals will give the time and attention this major issue deserves.

I believe that with the simple and familiar advice I have passed along with this short article, there is great potential to create healthy Link Exchange programs where users will truly benefit from the links posted on ones website. Don’t forget this is the first and primary reason for the Link Exchange program to exist and why it is effecting your ranking in such a profound way.

Online And Offline Business Development And Tips

By Business Development we mean the methods or techniques used to develop an economic or business enterprise. The first step in business development is to assess a business. Then its full potential is realized using various tools such as sales, marketing, customer service and information management. A meticulously planned strategy for expanding the business in a desirable direction is necessary every now and then. To achieve sustained growth it is necessary to be prepared to meet any unforeseen circumstances with resourcefulness. In case of large well-established firms, business development may often refer to building and running strategic associations and coalitions with other, intermediary companies.

Previously all businesses relied solely upon offline media and business development strategies to grow the business. However the internet has begun to make a large impact on the global markets. In 2007, online marketing is projected to constitute nearly 12-15% of global budgets. The internet has become a major source of revenue, information, beta testing and R&D for many of the companies. Many of the smaller firms are preparing to make use of the social media boom and grab a share of this up-and-coming market. The best way to go ahead for medium sized companies eager to increase their size rapidly while keeping the companies essentials would be to take note of these points:

The core team must work as a single unit and also be excited about forthcoming ventures. Individual skills should be developed through scrutiny and testing people. As a source to companies who seek a global approach to the internet, you must offer the best possible vertically integrated experience.

Offline Media

In offline media, marketing firms are in the forefront. There is some responsible person, who administers the overall employment of all marketing policies and tactics. The reason for this is that there are enormous sums of marketing millions to be utilized and optimized. But now the marketing dollars are moving from conventional media to a balanced synergy of online and offline strategies. Hence a lot of alterations can be estimated.

Online Media

There is an immense business prospect in understanding the big picture of the internet and how the online marketing dollars can have a serious impact. The lack of good quality, highly skilled executives in the upper levels of management is a major hindrance to India’s progress in this direction. Also transparency is a very important part of online business. Otherwise customers may not repose trust in the companies. Be ready to take smart steps whenever required, because that is the way to go in online marketing. Take your opportunity when it comes.

The right way to go would be to diversify the business using both online and offline undertakings. In comparison, perhaps the best feature of online business is the unlimited marketing scalability. Rather than depending just on local customers, it is possible to have customers from any part of the globe on the internet. The only major drawback is that direct face-to-face transactions are not possible. Hence many people still prefer to buy commodities from their local shopkeepers and businessmen. The local market and customers shouldn’t be forgotten. It is more likely that they would constitute a bigger portion of your consumer base. Each of them therefore has its own importance and the best road for any businessman would be to take the middle path of integration.

Business Development Tips For Massage Therapy Business

Massage therapy is one field where if you know your basics right, eventually there is just no need to market. The interested will in fact look for you. The field has a massive career opportunity waiting for you. Your massages can treat illness and as they say, only the rich can afford the luxury of being treated, so just no need to worry about making money.

So the first tip for business development of the message therapy business is to work on your offering. If your massages are capable of treating illness like joint pains, act as a stress buster, and help achieve the state of relaxation, then the business prospects are bright. On the other hand, if you are counting on your knowledge in the field, then ensure that you have the right subordinates with the requisite skill set.

The second crucial advice to grow your existing volume is to ensure that your existing clientele make more frequent visits than otherwise. This is one stream where slight manipulations can get you double the business from the exiting client base. Introduce some monthly packages, offer discount schemes on frequent visits, plan special massage therapy charts for specific requirements like pains, render the comfort edge and most importantly SMILE! Most of the time, you tend to ignore the importance of a smile. Your cheerful attitude can help you strengthen the client base more than your services. A simple smile can help you charge double the amount and still make it look meager. The trick is to befriend your customers who expect personal attention, especially in the small business segment. Entertain them and have all the necessary equipment. The right music, the right fragrance and privacy are a must.

Generating referrals is the third most-important aspect. Advocate consultancy, if required, free of cost. Encourage people to drop in with friends who have any specific problem, which you can solve with your massaging capabilities. This free advice can pay beneficially in the form of new customers. Give more time to curious visitors and tell them in detail about the associated benefits. Do not give discounts to new entrants, since this could create a commotion among the existing clientele.

Another tip is to pass on add-on services rather than advocating discounts. If you have to oblige an old customer, do so by adding more treatments in the existing package rather than allowing them to pay less. This is an addictive habit. If they can talk you into a discount once, the tendency would be to get as many more as possible. So discourage any monetary bargains.

Introducing life memberships, home massages, free pick-ups and other related add-ons are just a few more ways to increase the client base and hold on to what you have. However, the key is to impart the best massages and ensure a soothing effect to every one of your customers.