Monday, December 8, 2008

The Essential Marketing Element of a Successful Online Business

The Essential Marketing Element of a Successful Online Business
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The most essential marketing component that every business should focus on is their customer value proposition. Just what is a customer value proposition? It is actually consisted of the total benefits which a merchant or his business offers to his clients or customers. It is usually a combination of the benefits that is inherent in the products or services and the additional or unique service or attribute offered by the merchant or company.

Being able to deliver these elements in one compact statement is what makes a value proposition effective in motivating people to buy. Web users visit your site either because they are interested in your product and have the intention of buying or they are actually looking for a product or company which they can rely on. And thus, you need to give them the exact motivation to buy from you.

In creating a value proposition for your business, you should not look at your product or market your product from the inside outwards. Meaning, try not to create a proposition based on your perspective as a merchant but create a proposition based on the needs, wants, and concerns of your prospect buyers. This way, you would know exactly how appeal to their purchasing mood.

Preferably, your proposition must fit in only a few words or sentences and must convey the unique qualities of your company and the products or services it offers. The other pages of the website will then support your value proposition and the various key elements present in your homepage.

Thus, in every online business it is important to first identify the value proposition, one that is effective enough to draw in customers. Next, the value proposition must be delivered clearly within the homepage and possibly in every web page and landing page.

In order to determine the effectiveness of the propositions, each must be used and analyzed. This may probably sound time consuming and not to mention laborious, but if you really want your online business to prosper, then hard work is absolutely required.

With the changing or developing marketing trends, you always have to stay ahead of the game and keep in tip top shape. And despite the many tools that may arise, one thing still remains important- what your company, products, or services uniquely provides, which makes your offer more interesting and worth the time and money spent. It's what makes people want to buy from your company.

You have to use motivating factors that are inherent in your products or services. If there is none yet, then create one. Surely there is something your company can offer to consumers. Offer incentives or use promotional tactics unique to your company. Of course, employ the ones that are actually beneficial or perhaps something that will keep customers hooked to your site and purchase.

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