Saturday, 21 January 2012

Cross sectional analysis

“In the current economic environment, negotiation and bargaining have reached new levels of finesse and this is exactly what Galoo.com is providing to the market. Although buyers benefit from the savings of negotiation, Sellers might even benefit more, from the revenues and new clients received. Galoo.com is already changing the way people shop by bringing the art of negotiation to the online trade and shopping,” says Ms. Andrews.

Do not oversell any of the products that you promote. As you already know, the Internet (much like the offline world) is full of sales people who over hype products that are not really all that great. If you write sales copy, make sure that it is not over the top. People will appreciate that you are not trying to bombard them with hyperbole. Let people know what the product does using simple, concise and straightforward language. You will stand out from the pack.

Inbound marketing, also known as content marketing, is a concept that has been popularized by the Internet because it is a marketing strategy that magnetizes customers to you, rather than forcing your sales message out to them. In a recent study conducted by Marketing Sherpa, the biggest budget increases for marketers are expected this year will be for inbound marketing. A successful campaign would result with your website to ranking high in Google and other search engine results, generate buzz and engagement through social media, and attracts warm leads to your website by offering valuable content like free resources and tools, rather than having to resort to traditional outbound marketing techniques such paid advertisements.

According to a research, the cost of retaining an old customer is only ten percent of the cost of getting a new customer, which makes sense to not to run around to get new customers in relationship marketing. And according to another research done by cross-sectional analysis, says that, a five percent improvement in customer retention is responsible for twenty-five to eighty-five percent of the profit. Usually high cost is incurred when getting new customers, so if sufficient number of existing customers is retained, there will be no need of acquiring new customers.

Feel about it ... when you got your quite initially personal computer, hooked it up and desired to go out onto the world wide website ... didn't you request oneself, How do I locate net internet sites? Then you found what a search engine was and from there, you relied on the research engines to give you keyword results and that's in which you played on the World wide web.

Mobile advertising is closely related to Internet marketing. Surprisingly, many savvy Internet marketers are not aware that the mobile advertising realm has a far greater reach than the Internet. (*There were an estimated global total of 3 billion mobile phone users in 2007 versus the current estimate of 800 million global users of the Internet*. Wikipedia)

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