Saturday, November 24, 2012

New Product Launch Burn Out

Have you noticed there's a product launch every other day, online? If you've been on the net for more than a week, and been involved in the internet marketing side of things, it can't really have escaped your attention; no matter how hard you try. So what's behind all of this?

Things are changing all of the time, and in some markets you really have to be on the ball if you're going to be up with play. One of the areas that changes more rapidly than most is that of online marketing. With new technological developments new opportunities make themselves available, and those new opportunities bring about a huge number of new eBooks and software to let you take advantage of them.

Of course not all of the 'new' products are giving you 'new' information, and not all of that information is actually of any use to 95% of the people buying it. So what can you do to make sure you only pay attention to a product launch that's of actual use to you?

Do you often go out for a drive without knowing where you're going? Ok, some people do like to do that, but would you buy a road map for a specific part of the country when you aren't even sure that you're ever going to be going there? Sounds silly, doesn't it? Well buying into a new product launch, when you don't know whether it's something that's suitable for your business model is pretty much along those lines.

Trying to run any business without a proper business model is a bad idea to begin with, so it's something you should look into addressing if you don't have one, and not having one can lead you to making a number of decisions that won't be beneficial to your business.

If you have your plan then you'll know the areas that you target in the running of you business. When you know those areas you can keep an eye out for a product launch that will help you with that area of your business. If it doesn't tie in with the business or operational plan, then don't bother with the product.

Many people will argue that it could be something that will be of use to them in the future but, the chances are you'll never actually use it, and if you ever do get around to it you'll find that something new has been released that makes the product launch you bought into, obsolete.

What does that leave you with? For most people it leaves them with less disk space, less money, out of date information, and a feeling that they've been scammed in some way. The truth is that most of these new products are useful, to the right people, and they generally do what they claim, but it does have to be the right thing to grow or improve on your business model.

If you're on the list of someone who doesn't actually send you any really useful information, and the products they promote aren't really of any use to you, then unsubscribe yourself; it will save you a lot of time in reading emails, and it will remove the temptation of jumping on to another bandwagon that will take further up a road you weren't travelling on.

So, get to know your business, work out where it should be going, how it should be getting there, which areas you need to strengthen in, and only then should you start to pay attention to a relevant product launch if it comes along.

Learn How to Sell Coaching Programs, Home-Study Courses and Seminars   Choosing the Right JV Brokers for Affiliate Marketing Ventures   Successful Product Launching   

Why Is My Online Business Unsuccessful?

Being unsuccessful in business doesn't mean you're a bad person. It doesn't mean you're lazy, and it doesn't mean you'll never be successful. When you're unsuccessful in a business venture, it simply means that the specific business model you are following in that moment is not successful. It means the tools, techniques and strategies you are executing are not working. Unsuccessful business models use unsuccessful marketing methods and publicizing techniques. When your business is unsuccessful, it means you must change what you're doing.

Fact #1 - ANY Online Business Can Be Successful, and ANY Online Business Can Be Unsuccessful

It's a well-known fact that any business can be successful, and any business can be unsuccessful. What it really boils down is:

Do you have the proper tools, techniques and technology to make your business successful Do you have the drive, motivation and determination to overcome the many obstacles you'll be faced with Are you confident in your business idea Did you do the best job you could do at planning and research

As previously mentioned, any online business model can be a success or a failure. So, just because you have an outside the box idea that no one else thinks will work, doesn't mean it will be an unsuccessful online business. The world is over populated with pessimistic people who see nothing but bad outcomes. As an online business owner, it is your job to steer clear of pessimists. They will do nothing but slow you down and hold you back from reaching your goals. Which brings us to fact #2.

Fact #2 - With A Pessimistic Mindset, You're Already Unsuccessful! It's bad enough to be surrounded by negativity, but if you allow these influences to cause a negative shift in your own way of thinking, you're in deep trouble! One thing you must always remember is your mindset plays one of the most important rolls in the success or failure of your online business. Of course we all become discouraged from time to time. Something doesn't go the way we expected. Something we took months to plan ended up being a dud. Our dream really turned out to be a frightening nightmare. It happens to the best of us. It happens to us all. But do not let these temporary setbacks ruin your outlook on the future success of your business.

Lets say for example, you've just worked all day and you're on your way home from work. You arrive at home, kick back, grab a cold drink and turn on the tv to relax for a while. After watching a few hours of TV, you proceed to hop online to check your email and see whats new. You suddenly realize nothing is being accomplished with your online business venture. It is still in the same unfinished state as it was a month ago. Nothing is getting accomplished. Your idea of a successful online business is not progressing as quick as you'd like. As a matter of fact, it's not progressing at all! Just like rush hour traffic, the online business you originally thought up is now at a standstill. So, what do you do now? Do you let pessimism creep in and sour your mood? Do you prematurely throw up your white flag and quietly surrender?

Challenging moments like these can be pivotal points in the direction and flow of your online business. You may feel as if the challenge is too tough, and that you're not strong enough to whether the storm. The fact of the matter is that you wouldn't be where you are today if it wasn't for your persistence to keep moving forward. So, if you've made it this far, why turn back?

Whatever you do, don't let negativity take full control over the situation at hand. Always remember that dark nights bring bright days.

Fact #3 - We Must Do Homework Our Entire Lives, Not Just In School! This is a concept a lot of people can't seem to grasp on to very easily. In life, and especially in business life, you must always do you homework. And what exactly is homework?

Taking the time to research successful and unsuccessful business models Studying the basics of what it takes to have a successful online business Being able to distinguish between good information and bad information (facts vs opinions) Quizzing yourself on various topics of business. And if you don't have an answer, go find it!

Doing homework for the success of your business can be done in many ways. Some people may not have the time or patience to research successful and unsuccessful business models. Some of us may not be able to distinguish between good and bad information. Luckily, there are options available. Options such as:

Hiring someone to perform the research for you Subscribing to newsletters that only feed you factual information Keeping up with the latest trends and internet publications from reliable and reputable sources

By doing any or all of the above, you're able to save time and accelerate the process of learning both the principles of successful business and the unsuccessful business strategies. These days, hiring someone online can be a quick and simple process. Subscribing to newsletters allows you to sit back and allow the information to flow in directly to your inbox. Keeping up with the latest trends from reputable online sources can be done with a few mouse clicks.

The Common Denominators of Unsuccessful Businesses By far the most common traits held by all unsuccessful business entrepreneurs:

Being lazy and failing to move forward with a project. Remember: There's a reason the word lazy contains the last 2 letters of the alphabet. When you're lazy, you'll finish last (or second to last). Creating excuses for everything that doesn't get done. Remember: No excuses, no exceptions! Unwillingness to change. If you don't change, nothing changes. Period. Self-Destruction in the form of excessive drugs, excessive alcohol, a lack of sleep, a lack of proper nutrition, etc.. These things only impair your ability to think and focus clearly.

Remember: Even The Most Successful Online Businesses Were Once Unsuccessful! Finally, always remember that even the most successful online businesses were once unsuccessful. There are many attempts at creating a source of steady income online. Most fail and few succeed. But the businesses that succeed are the businesses that do their homework and remember that a pessimistic mindset is toxic.

Learn How to Sell Coaching Programs, Home-Study Courses and Seminars   Choosing the Right JV Brokers for Affiliate Marketing Ventures   Successful Product Launching   

Tips for a Social Media Beginner

Nowadays, a lot of online entrepreneurs look at social media in a different light. While many people find this new concept intriguing and interesting, social media marketing is still relatively new that a lot of small to medium businesses still have yet to learn the ropes on how to maximize its potential. Here are some important tips on how to jump start your SMM strategies for your online business:

1. There is no such thing as being too late. More often than not, there are still a lot of small online businesses that tend to think it might be too late to incorporate social media in their marketing efforts. The truth of the matter is, SMM, since it is still considered relatively new, has a lot of areas that need to be tapped.

2. Always prepare a game plan. Instantly transitioning to social media marketing without giving it a careful thought is like going to war without a battle plan. It is best to identify what your business objectives are and incorporate these objectives in your marketing plan.

3. Stick only to the most widely used platform. Facebook, LinkedIn and Twitter are considered the top 3 widely used SMM platforms in all countries. With such a huge client database, it is best to stick with these platforms before considering to promote your business elsewhere, like less popular SMM platforms.

4. Commitment is very vital to any business. Just like any marketing plan, employing social media marketing would also require substantial amount of time, dedication and commitment. Treat your social media marketing plan as your experiment, or better yet, your thesis, your project. In order for it to work, you will need to dedicate a great amount of time to ensure that you reap the desirable output in the next coming months.

5. Automation is the way to go. At present, there are a lot of useful applications online that can help automate your social media activities. Research on their reviews to find out which one suits you best.

6. Add a personal touch. While automation can somehow help speed up in implementing your SMM activities, nothing still beats the tried and tested, personal touch. Just like the traditional method, personal interaction still works best. Social media marketing believes in the same thing as well.

Give SMM a go for your online business. As previously mentioned: It is never too late!

Learn How to Sell Coaching Programs, Home-Study Courses and Seminars   Choosing the Right JV Brokers for Affiliate Marketing Ventures   Successful Product Launching   

Things to Check Before Product Launch

The product launch is a milestone for your internet marketing career. This is the time when you will officially introduce what you are selling to the market. A triumphant product launch will determine the success of your online business. If the product or service is launched well, you will be able to have more sales and the effort that you poured into your business will pay off.

Now, before doing product launch, there are certain things that you have to accomplish first. These tips are important because it will make everything go smoothly.

Before introducing your product to the market, create ads, articles and blogs which will already give the customers an idea on what they should expect. Keep these interesting and make sure that it will trigger the curiosity of the people. Through pre-launch ads, you can ensure that once your product has been finally introduced, it will create a buzz in the internet marketing world and that is definitely a good thing.

Also, you should double check your product at least a couple of weeks before launching it so you will have sufficient time to refine everything. Ensure that everything is working well and that there are no mistakes. For example, if you are going to launch an eBook, you have to double check if there are no typographical or grammatical errors in it. Check the file format too. You can also try downloading the product from your selling site to ensure that if customers avail it, everything will be in order. Remember, there is no use in launching your product successfully if people will simply be disappointed due to the mistakes that you were not able to correct before you start selling.

It is also a great idea to go through the entire process of selling the product yourself. Meaning, you have to go to your advertisements and then try putting yourself in the position of the customers. Make sure that the payment method works and that all the links are active so that there will be no interruptions in the entire buying process. See if the navigation among the web pages is also smooth and user friendly.

Once you have ensured that everything is working the way it should, then go right ahead and officially launch the product in the market.

Learn How to Sell Coaching Programs, Home-Study Courses and Seminars   Choosing the Right JV Brokers for Affiliate Marketing Ventures   Successful Product Launching   

Three Deadly Mistakes That Can Ruin A Product Launch

There are some common mistakes that every marketer commits at some stage of his career. These are deadly mistakes that have cost people their businesses and these people including me have ads to start from square one. Read on and learn how to get around these mistakes.

Mistake One: The perfection dilemma.

Most people who get into the product creation business, don't even get around launching their first product. Thats because they are not satisfied with what they have created and want to improve the quality of the product. This feeling that most of us have is perpetual and no matter how good the product is we won't get around this feeling. Therefore, we need to learn how to allocate a specific amount of time we can dedicate to creating our product. If what we create is acceptable, its enough. Revising and re-creating the product won't increase its price or value. So, go with it and launch the product. Keeping your expectations and goals regarding product creation is essential. You are not expected to create a multi-part video series in your first try. Try creating books or reports that you can sell on line. Then you may try moving to audio series.

Mistake Two: The first sale barrier.

Product creation can get to your nerves. You may invest many days on creating your product, but getting that first sale can be really difficult. People can get really frustrated when they see no sales coming in. Therefore, it is essential that you engage in aggressive marketing initially on product launch. Communicating the basic idea and worth of your product to your prospective customers is paramount. If you get this wrong, there is no way you will see the money you expect to see. Use all forms of marketing such as social media, PPC, classifieds and banner advertising.

Mistake Three Being The Lone Ranger.

Don't ever expect to make a full-fledged business without the help of other people. Affiliates are an essential part to the whole product launch game. Every six-figure product launch has many affiliates promoting it. These popular product launches usually have a dozen or more famous affiliates who act as pillars to the product sales. Create exclusive content for your affiliates to sell your product. Entice them with higher payouts and bonuses. Keep your affiliates in the loop by regularly posting updates to their mail.

These three mistakes, if avoided, can keep you on track to a successful internet marketing business in less than a year.

Learn How to Sell Coaching Programs, Home-Study Courses and Seminars   Choosing the Right JV Brokers for Affiliate Marketing Ventures   Successful Product Launching   

5 Common Mistakes People Make When Launching a Product

There are a lot of elements that go into running a successful online business. If you have the entrepreneurial spirit, then you understand the value of creating new products. Of course creating a product and launching a product are not the same thing. In fact, the launch is far more important. For that reason, it's smart business to know what some of the common mistakes surrounding launches are so you can avoid them.

1. Not doing the research. It's easy to get caught up in the excitement of a good idea for a product. Call it the "Eureka! moment", if you will. But the idea is only the beginning in more ways than one. If you want to have a successful launch, then you need to make sure there will be a large and receptive audience for your creation. The better you understand your market, the better your launch can be.

2. Not being ready. Sure, there are a lot of things that need to be done, and there will probably be a few snags along the way, but do your best to make sure your product is complete and ready to go. For example, if you are writing an e-book, you wouldn't want to release the first draft. At the same time, don't wait for everything to be perfect before you release your product, because then it will never be released at all.

3. Forgetting about presentation. People will, ultimately, care most about the product itself, but they will be far more likely to take advantage of your offer if you present it in an attractive way. Graphics, design, and the sales message are all part of presentation. This goes for both physical and digital products.

4. Not testing the entire buying process. Try to have a friend test the entire buying process for you. They will notice things you don't and can alert you to any problem areas. At the very least you should run through the entire process yourself. Either way, it's best to work out as many bugs before the launch as possible.

5. Being bashful. You just created an awesome product...now is not the time to be shy about it. Let the world know! Tell them how great it is. Get out there and promote it in as many ways as you can. Yell from the rooftops. Don't be wishy-washy in talking about it. That doesn't mean you have to lie or exaggerate, but you can and should be enthusiastic.

By avoiding these five things you will be setting yourself up to be successful when launching a product. The good news is that each successive launch will get easier and easier.

Learn How to Sell Coaching Programs, Home-Study Courses and Seminars   Choosing the Right JV Brokers for Affiliate Marketing Ventures   Successful Product Launching   

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