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In This Issue:
Overture Changes Policy
Purchasing paid listings just got a whole lot more complicated -- or a
lot more easier -- depending on your perspective, thanks to changes at
Overture last week. The company rolled out a new bidding system that
will force many advertisers to think more about how much they can
afford to pay to gain leads rather than how cheaply they can get those
leads. This important change has come about through the introduction
of "auto-bidding." This feature lets advertisers indicate the "max
bid" they are willing to pay for a particular word, then have Overture
automatically increase the amount they pay to get them the best
position, as long as it doesn't exceed the maximum.
With
auto-bidding comes simplicity. Just decide how much you can afford to
pay, and we'll get you the best spot, is the message from Overture.
We'll even ensure you don't pay more than a penny more than the
maximum someone below you is willing to pay.
Simplicity can also be dangerous. It's bad advice to walk into a car
dealership and let a salesperson ask you how much you are willing to
pay per month. You'll end up with a monthly payment that fits your
budget, but that may be because the total price of the car is spread
out over several years. You should know how much you can afford to pay
in total before talking.
Promote Your Site Offline
Printed Material - Every item of stationery
you have is an opportunity to promote your
Web site. Printed
materials are a great way to generate (especially) repeat business.
Make sure your Web site address (URL) appears on every single
piece of stationery including:
-
business cards
-
letterheads
-
envelopes
-
address
labels
-
fax
cover sheets
-
checks
-
invoices
-
receipts
-
reorder
forms
Gift
Certificates - Gift certificates are good
because they allow your customer to share their discovery of your
products and services with friends, family and colleagues. To be
effective, especially in connection with services, a gift certificate
needs to have a tangible dollar value to the recipient rather than
merely offering to redeem the certificate for a particular service.
This is because the referral customer probably has no conception of
the dollar value of your service. The potential customer can, however,
readily appreciate the value of a "$30 toward your purchase of $60 or
more" gift certificate.
Brochures
- Brochures are an effective way to create a
professional image and promote your products and services at the same
time. Give them to prospective customers for a quick overview of your
business and to give them a reason to visit your Web site for more
information. Distribute your brochure whenever you get the chance:
carry them with you wherever you go and hand them out whenever you
hand out your business card. Mail your brochure to current clients to
inform them of additional products and services that they may be
unaware you offer and to prospective clients sourced from rented
mailing lists.
Classified Ads - Place small classified ads
in your local and city newspapers and include the URL of your Web
site.
Yellow
Pages - If you purchase display advertising
in the Yellow Pages, be sure to include your URL.
Telephone
- Every time you answer your business phone
be sure to give the caller your Web site address so they can find out
more information about you and your business. Make sure your Web site
address is included in the message recorded on your answering machine.
Word of
Mouth - Finally, perhaps the most effective
and under-appreciated tool of them all - word of mouth. Talk about
your business and your Web site at every opportunity and encourage
your customers, friends, family and colleagues to do the same. You
would be surprised at just how many businesses out there owe their
success to little more than word of mouth referrals.
Successfully promoting an online business requires a sound
understanding and methodical application of the principles of online
marketing and promotion. But to focus on online methods to the
exclusion of offline does only half the job. Give due attention to
offline methods of promotion in conjunction with your online
promotional efforts to ensure the widest possible coverage of ALL of
your potential markets.
Pay Per Click Search Engines
Pay Per
Click Search Engines (aka PPC) are all the rage these days and for
very good reasons. They may be an
inexpensive way of achieving targeted traffic. If you're not familiar
with them let's go over the basics.
With PPC
search engines, you bid on keywords/phrases and when someone searches
for those keywords, your site will appear on the search results page.
If someone clicks on your site, you're charged the amount you have
bid. If they don't click, your account is not charged.
To learn more about
Pay
Per Click Search Engines click
HERE.
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