3 Often Seen Marketing & Business Gaffs That Will Destroy Profits
January 25, 2011 by Andrew Parker
Filed under Affiliate Marketing
We all recognize the failure rate for individual online marketers is fairly high. But that is not limited to online marketing because it is also true of regular brick and mortar businesses, too. Some of the reasons for online business failure are generally known, but not all of them can be known. But if there was any one single greatest reason for failure, it would be making mistakes and miscalculation of all kinds. There is so much bad information on the net about how to generate an income on the net. Nonetheless, when someone goes down in flames and they have failed, then that is sufficient for most people to cause them to give up.
Perhaps most people will naturally think that giving buyers the greatest number of options is a good idea. The challenging thing is that is a normal line of logic – to give people choices and options so there will be something for everybody. Giving folks a range of options usually tends to be a flawed strategy if you want to make sales. The greatest approach is to avoid showing a menu of choices for your readers. The simple cause is that, typically speaking, people are terrible in regards to making a choice. That can be especially true with buying decisions. They can end up so indecisive that the very common result is nothing is bought!
All of us often assume others think the way we do; and that is why you must not think everyone is cheap just because you may be. Believe this or not, but not every comsumer spends countless amounts of time just to locate the lowest price for something. It is common awareness that prices for the same item can range from very cheap to being quite a lot. As you know, many higher priced products have been around for a very long time. The simple fact that they have existed for so long instantly dispells any myth that all people are cheap. We can only guess why a person is willing to pay $10,000 for a timepiece. So if you genuinely have something to offer that is very high quality, then you must learn how to position your product in your marketing copy. What you need to do is learn how to position your product in your marketing material.
Have you ever had the thought that a product or system was so great that everyone must need it, or that everybody will buy it? All of us have at one time or another. Yes, there have been more than a few products that have been wildly popular. Yet there is no individual product or service that every person has bought. The danger of this line of thinking in your own business is it can easily make you complacent and fail to market or advertise as much as you should. If you begin to picture your product will be universally liked, then that will lead you down destructive paths. It is delusional to think about any service/product will be well-received by everybody.
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