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	<title>Advanced Option Strategies &#187; Marketing</title>
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		<title>Four Powerful Strategies to help achieve your Goals</title>
		<link>http://advancedoptionstrategies.net/four-powerful-strategies-to-help-achieve-your-goals</link>
		<comments>http://advancedoptionstrategies.net/four-powerful-strategies-to-help-achieve-your-goals#comments</comments>
		<pubDate>Mon, 25 Jan 2010 19:19:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Option Trading]]></category>
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		<description><![CDATA[



You may publish this article in your ezine, newsletter on
your web site as long as the byline is included and the
article is included in it&#8217;s entirety. I also ask that you
activate any html links found in the article and in the
byline. Please send a courtesy link or email where you
publish to: support@multiplestreammktg.com 
Four Powerful Strategies [...]]]></description>
			<content:encoded><![CDATA[<p>You may publish this article in your ezine, newsletter on<br />
your web site as long as the byline is included and the<br />
article is included in it&#8217;s entirety. I also ask that you<br />
activate any html links found in the article and in the<br />
byline. Please send a courtesy link or email where you<br />
publish to: support@multiplestreammktg.com </p>
<p>Four Powerful Strategies to help achieve your Goals<br />
Copyright ? 2006 </p>
<p>We all have wishes. Wishes are goals, but goals with a<br />
little snap, crackle, and pop. Goals provide the process<br />
that can take you where you want to go, but too often they<br />
don&#8217;t provide the inspiration to get you there. Wishes are<br />
different. They have impact &#8211; like being struck by<br />
lightning instead of by a lightning bug. They let you<br />
dream. They let you soar. They let you tap into a source of<br />
limitless possibility and boundless energy that gives you<br />
the power to accomplish what you might otherwise never have<br />
imagined. How we achieve our goals, are simplified by doing<br />
the following: </p>
<p>Intensify Desire- Desire is the first step of goal<br />
achievement and the foundation. Have you set personal or<br />
business goals and failed to achieve them? Here is a<br />
crucial question: WHY? The answer is simple; because we did<br />
not have a strong enough desire. Some may argue with that.<br />
But I did have a strong desire and still I didn&#8217;t get there. </p>
<p>How do you identify intense desire, passion? It&#8217;s what<br />
keeps people working all hours, up early, late to bed. The<br />
desire dominates conversation, thinking, actions. Take a<br />
moment to think about the goals you&#8217;ve set for yourself.<br />
How committed are you to achieving these goals? Under what<br />
conditions would you give up? What if you could<br />
significantly increase your desire to achieve these goals?<br />
What if you wanted them so badly that you knew with<br />
absolute certainty that you would absolutely, positively<br />
never ever give up? </p>
<p>When you are truly 100% committed to reaching your goals,<br />
you move from hoping to knowing. If you want something<br />
badly enough, then quitting is simply not an option. You<br />
either find a way or make one. You pay the price, whatever<br />
it takes. By creating intense desire you can realize the<br />
impossible dream. Develop a sincere desire to achieve the<br />
goal. A wish or daydream has no substance; it is vague,<br />
unformed, and unsupported by action. Desire puts action<br />
into your plan. </p>
<p>Strong desire is success power. How to Intensify Your<br />
Desire, how then can we intensify desire? Here are four<br />
steps you can take to cultivate burning desire to achieve<br />
any goal you set for yourself: </p>
<p>List The Benefits. Write down the benefits of achieving<br />
your goal. What is in it for me? Identify exactly &#8220;Why&#8221; you<br />
want to achieve this goal. List all the ways how will you<br />
benefit personally. Why not do this exercise today with one<br />
of your goals. Have you set a goal for your business to<br />
make $X this month? Making money for the sake of it after a<br />
while becomes mundane. There has to be something more. Make<br />
a list of all the benefits from using that money. What<br />
difference will it make to your family, your lifestyle,<br />
your enjoyment of life, your business growth? What if one<br />
of your goals is to develop a skill or awaken a dormant<br />
talent or ability? Write down a huge list of the benefits<br />
this will bring you and your loved ones, or your business.<br />
The more you write, the more details your mind conjures up,<br />
the greater the intensity of desire becomes. Once the list<br />
gets past 20 or 30 benefits your goal becomes unstoppable. </p>
<p>Burn The Ships. If your goals are really important<br />
enough to you, then you can start by burning the proverbial<br />
ships, such that you have no choice but to press on. For<br />
instance, if you want to launch your own business, you can<br />
begin by making the commitment to quitting your job. Write<br />
a letter of resignation, put it in a stamped envelope<br />
addressed to your boss, and give it  to a trusted friend<br />
with firm instructions to mail the letter if you haven&#8217;t<br />
quit your job by a certain date. If you don&#8217;t burn those<br />
ships, you are sending the message to your subconscious<br />
mind that it&#8217;s ok to quit. And when the going gets tough,<br />
as it inevitably does for any worthwhile goal, you will<br />
quit. If you really want to achieve your goals, then you&#8217;ve<br />
got to burn those ships to the ground, and scatter the<br />
ashes. </p>
<p>Feed Your Mind with Excellent Information. Inspirational<br />
books and audio programs are one of the best fuel sources<br />
for cultivating desire. If you want to quit smoking, read a<br />
dozen books written by ex-smokers on how to quit the habit.<br />
If you want to start a business, then start devouring<br />
business books. Go to seminars on occasion. It is advised<br />
that you feed your mind with some form of motivational<br />
material, books, articles, audio programs for at least 15<br />
minutes a day. This will continually recharge your<br />
batteries and keep your desire impenetrably strong. </p>
<p>Use Mental Programming. This is a Neuro-Linguistic<br />
Programming (NLP) technique that will help you associate<br />
strong positive emotions to whatever goal you&#8217;re working to<br />
achieve. Find some music that really energizes and inspires<br />
you. Put on your headphones and listen to it for 15 to 20<br />
minutes, and as you do this, form a clear mental picture of<br />
yourself having already achieved the results you want. Make<br />
your imagery big, bright, vivid, colorful,<br />
three-dimensional, panoramic, and animated. Picture the<br />
scene as if looking through your own eyes. This will help<br />
you form a neuro-association between the positive emotions<br />
elicited by the music and the goal you want to achieve,<br />
thus strengthening your desire. This is a great way to<br />
begin each day, and you can even do it while lying in bed<br />
when you first awaken if you set things up the night<br />
before. You should cycle the music periodically, since the<br />
emotional charge you get will tend to diminish if you<br />
listen to the same songs each time. </p>
<p>If you apply these four strategies, you&#8217;ll add so much fuel<br />
to your desire that the fire will never burn out. You&#8217;ll<br />
move towards your goals like a guided missile to its<br />
target, and you&#8217;ll enjoy the process because you&#8217;ll be so<br />
focused on the positive rewards instead of the difficulty<br />
of the tasks. If you get enough positive energy flowing<br />
into you, you&#8217;ll soon have positive results flowing out of<br />
you. Desire is the great motivation. The powerful force<br />
that drives you toward your goals. </p>
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		<title>An Internet Marketing Strategy That is Targeted</title>
		<link>http://advancedoptionstrategies.net/an-internet-marketing-strategy-that-is-targeted</link>
		<comments>http://advancedoptionstrategies.net/an-internet-marketing-strategy-that-is-targeted#comments</comments>
		<pubDate>Sun, 24 Jan 2010 19:43:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Option Trading]]></category>
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		<description><![CDATA[



Internet marketing is a tool used to enhance your online business to drive more visitors or customer to your website. Internet marketing is a definitive way to reach out to your target audience and position your product, service or business in order to create maximum visibility. And with so many options marketed online, if you [...]]]></description>
			<content:encoded><![CDATA[<p>Internet marketing is a tool used to enhance your online business to drive more visitors or customer to your website. Internet marketing is a definitive way to reach out to your target audience and position your product, service or business in order to create maximum visibility. And with so many options marketed online, if you are able to create effective the right internet marketing strategy, and you are motionless paying attention, you can motionless give it a go then rest assured that your website will rank among the top on search engines and bring in customers, who in turn will lead to revenue generation or sales go to www.squeeze-page-profits.com. A strong internet marketing strategy will include services such as search engine optimization, pay per click campaigns, as well as other types of advertising campaigns like banner advertising for example.The best way to create Internet marketing strategies that will boost sales and be different from the strategies of your competitors is by going through a multi-level strategy process. This multi-level process will help you in building trust as well as boosting confidence by satisfying the psychological needs of a consumer or a potential customer when he or she is browsing through the selection and purchasing process. Starting a home based internet marketing business is not for everyone. Most of the time, the people that are most successful in this field have some sort of past experience. But if you don&#8217;t have experience, and you are still interested, you can still give it a go. There is nothing wrong with researching the industry, and trying to learn as much as possible as you go along.When you create an internet marketing strategy that is targeted at your target audience then you are basically prospecting. This basically means that your internet marketing services are bringing qualified traffic right to your online storefront. You can achieve this by making your internet marketing strategy revolve around tools and methods like pay per click campaigns, search engine optimization, then rest assured that your website will rank among the top on search engines and bring in customers, and other forms of advertisements. For help visit www.auto-hits-machine.com. As we all know trust is extremely fragile and losing a loyal customer means that in the long-term, you may lose more. So it is extremely important to build credibility and create trust. An Internet marketing strategy that does not include this aspect or psychological factor will turn out to be a complete failure in the long run. </p>
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		<title>The 5 Most Effective Marketing Strategies for Real Estate Investors</title>
		<link>http://advancedoptionstrategies.net/the-5-most-effective-marketing-strategies-for-real-estate-investors</link>
		<comments>http://advancedoptionstrategies.net/the-5-most-effective-marketing-strategies-for-real-estate-investors#comments</comments>
		<pubDate>Wed, 13 Jan 2010 19:20:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Option Trading]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lead Generation]]></category>
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		<description><![CDATA[Having been involved in real estate investing for little while now, I&#8217;ve become very familiar with various marketing strategies.  And along the way, I also found out which methods generated leads, and which ones didn&#8217;t.
One thing to note is that everyone will experience different results with their respective marketing campaign.  Two different people [...]]]></description>
			<content:encoded><![CDATA[<p>Having been involved in real estate investing for little while now, I&#8217;ve become very familiar with various marketing strategies.  And along the way, I also found out which methods generated leads, and which ones didn&#8217;t.<br />
One thing to note is that everyone will experience different results with their respective marketing campaign.  Two different people in the same market could be doing the same exact thing and get very different results.<br />
And two different individuals, in two different markets can get similar results.  That&#8217;s just the nature of the beast.<br />
But there is a secret to this; there is no secret!  You have to test each strategy in your particular market to find out which one works for you.  And when I say test, I mean test.<br />
For example, don&#8217;t send out 5,000 letters to a mailing list that you&#8217;ve never tried.  That defies all common sense.  In that example, I would send out 200 letters and see what the results are before diving in headfirst.<br />
I recommend that you apply this methodology across all the strategies below until you find the one that works the best for you.<br />
So, in my opinion, the following are the top 5 real estate marketing strategies (in order of effectiveness and quality of leads):<br />
1. Apparel/Human Advertising<br />
2. Direct Mail<br />
3. Cold Calling<br />
4. Bandit Signs<br />
5. Newspaper/Yellow Page Ads<br />
Apparel/Human Advertising<br />
This is my favorite way to generate leads.  Why?  Simple.  Because leads come to me, instead of me chasing them.  Let me first explain what &#8220;apparel/human advertising&#8221; is.  I define it as &#8220;wearing your business,&#8221; meaning that you display and promote your services on your apparel and clothing.<br />
I simply put on a shirt that markets my services whenever I go out &#8212; to the mall, grocery store, post office, doctor&#8217;s office, etc. &#8212; and people come up to me to talk about real estate and their specific situation.  It will surprise you how many people will approach you.<br />
And the quality of leads is also high.  You know why?  Because people instantly and clearly know that you are a real estate investor and will only approach you if they are serious.<br />
For example, I wore my &#8220;Private Lender&#8221; t-shirt the last time I visited my doctor.  Once he read my shirt, he couldn&#8217;t stop talking about real estate and how he has been looking for places to invest his money.  Bingo, now he has the answer, and I secured another private lender to my stable.<br />
And guess what?  He has other friends who are doctors, dentists, and lawyers who have money to invest.  Now you can see why I like this strategy so much.<br />
-Most inexpensive method<br />
-Instant, direct way of telling people what you do; face to face contact<br />
-Only works if you wear the apparel<br />
-Only works where you are<br />
Direct Mail<br />
There are several ways to employ a direct mail campaign.  I&#8217;ve attended several seminars run by real estate &#8220;gurus,&#8221; and each guru will swear by their own program.  So, being the pragmatist that I am, I tried a majority of them.<br />
I&#8217;ve ran marketing campaigns using postcards, handwritten letters, professional letters, and even USPS priority mail.  Out of all the campaigns, handwritten letters generated the most leads.<br />
On a good campaign, I received 25% response, which is astronomical.  Don&#8217;t expect this high of a response rate every time.  My average response rate hovers around 10%.<br />
-Direct mail isn&#8217;t cheap.  It is the most expensive strategy.<br />
-You must choose your mailing list wisely and get it from a credible source<br />
-Depending on the list, you will receive letters that could not be delivered<br />
-Most homeowners will respond only after multiple mailings (experts say 7 contacts is the magic number).<br />
Cold Calling<br />
How many people can truly say that cold calling strangers is something that excites them?  Probably not many, because most people inherently avoid unfamiliar territory.  It&#8217;s time to get past that fear and get out of that mindset, because cold calling is by far one of the most effective strategies out there, especially if you are going after the preforeclosure market.<br />
First, you need to get a list of individuals to call.  If you are marketing to preforeclosures, there are several services that will provide phone numbers of homeowners facing foreclosure.  Second, you need to practice your call script.  Know what you want to say and how to respond to objections.  And practice this over and over until it is second nature&#8211;and then practice once more.  You get the point.<br />
Being able to respond intelligently to the homeowner&#8217;s concerns will build credibility and rapport.  Those are the two most important things to construct during a cold call.  Remember, you are a stranger who they know nothing about.<br />
Thirdly, be able to prescreen each caller efficiently and effectively.  Gain a true understanding of their situation, and obtain enough information to analyze the property to see if it fits your criteria.  And finally, if the property meets your criteria, be able to close, whether it means getting an appointment to view the property or actually agree to sales terms.<br />
-Very effective &#8212; when you get in contact with homeowner<br />
-Targeted to only those you want to market to<br />
-Easy way to build rapport with homeowner due to personal contact<br />
-Calling strangers asking to buy their house is not on the top of most people&#8217;s list<br />
-Can be time consuming and can only market to people you actually talk to<br />
Bandit Signs<br />
If you&#8217;re not familiar, bandit signs are those PVC signs you might see plastered around town, reading &#8220;I Buy Houses, Any Condition, Any Price.&#8221;  They are usually attached to wooden posts near busy intersections.<br />
Before you go putting these signs up, check with your city&#8217;s rules and regulations because bandit signs are illegal in many cities.  You can be fined heavily if caught.<br />
The effectiveness of bandit signs is up for debate.  A few years ago, I would have said that bandit signs worked great.  But now they are everywhere and commonplace, people might be numb to them.  Nevertheless, if you are the only sign posted, people will notice.<br />
And if you pepper your farm area heavily, you will generate leads from bandit signs.  Bandit signs are relatively inexpensive, roughly $2/sign, and you can hire people to post them.  But you might have to have to put the signs up every 2-4 weeks, depending on how fast the &#8220;sign police&#8221; in your market do their clean sweep of the area.<br />
-Inexpensive strategy<br />
-Can reach a broad audience if you want<br />
-Not targeted; &#8220;shotgun&#8221; approach<br />
-May be illegal in your city<br />
-Frowned-upon by some individuals as &#8220;eyesores&#8221;<br />
Newspaper/Phone Book Ads<br />
Like all service providers, placing an advertisement in the newspaper or phone book is always an option.  But let me stop you here.  This type of marketing has been by far the least effective method for me.  It is expensive, sometimes prohibitively costly depending on your market, and is not targeted.<br />
Sure, it can reach a broad audience, but is not worth the cost of the ad for me.  And like all other ads, you will be clumped together with all other companies that provide similar services.  So it&#8217;s hard for you to stand out, relative to the other marketing strategies already covered.<br />
Like I said, I&#8217;ve had very bad results from placing these type of ads.  So bad, that for one of my phone book ads, I only received 2 calls over the course of a year.  And one of them asked me if I buy mobile homes!  That might be an opportunity for some investors, but that doesn&#8217;t float my boat.<br />
-Can reach a broad audience<br />
-Very costly<br />
-Not targeted<br />
-Doesn&#8217;t generate quality leads (for real estate investor purposes)<br />
Now that I&#8217;ve covered the top 5 marketing strategies, I hope that you have a better understanding of what you want to employ in your business.  But remember to test more than one strategy in your market to see what gets you the best results.  This is the only way that you will find what works in your market.  Go out there and make it happen! </p>
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		<title>Leverage Social Media To Create Affinity Groups Online</title>
		<link>http://advancedoptionstrategies.net/leverage-social-media-to-create-affinity-groups-online</link>
		<comments>http://advancedoptionstrategies.net/leverage-social-media-to-create-affinity-groups-online#comments</comments>
		<pubDate>Sun, 03 Jan 2010 07:20:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Option Trading]]></category>
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		<description><![CDATA[Intelligent research is the first step to launching (or not launching) any new business venture. Thinking like the individuals you are most hoping to influence is the key to developing a successful business model.I’ve saved clients millions of dollars over the years by identifying critical threats (competitive, legal, moral, etc.) to their proposed new venture, [...]]]></description>
			<content:encoded><![CDATA[<p>Intelligent research is the first step to launching (or not launching) any new business venture. Thinking like the individuals you are most hoping to influence is the key to developing a successful business model.I’ve saved clients millions of dollars over the years by identifying critical threats (competitive, legal, moral, etc.) to their proposed new venture, simply by putting myself in the shoes of their target audience, and behaving as they would when presented with the new option being offered. In some cases, I’ve identified far better business models to pursue and directed my clients accordingly. But in many case, I’ve advised existing or prospective clients not to pursue the new venture at all, for reasons discovered through my intensive due diligence process.Around Y2K, a top cruise industry executive asked my opinion regarding how I might rebrand their primary cruise line to better articulate their marketing message. The first thing I did was search the web to see how all other brands were attempting to sell me on the idea of a cruise, and how they claimed to be different from every other option available of the eighteen or so to select from. I quickly discovered that virtually every brand was claiming to be just perfect for me, without knowing anything about me or other people like me.Every brand was speaking to me from their own perspective (selling me on their brand), while my own personal concerns centered around whether I would even enjoy cruising at all, regardless of brand. I decided that I might be compelled to cruise if it were with a ship full of other people like me, who I might most enjoy partying with for a week. I also quickly noticed that no cruise line gave me the option to search for cruises based on the types of people I might like to cruise with enough to tip me off the fence to pull the trigger and actually book a cruise.While every brand in the industry was touting their destinations, size of ship, amenities, service, price, etc., the one thing I was most interested in &#8211; cruising with a bunch of other people that I would actually enjoy spending a week with &#8211; was not a searchable option. When every brand in an industry tells you they are just perfect for everyone, the entire industry is actually telling you that they don’t know you or care about your wants and desires.So there it was – the reason why more people weren’t cruising was staring me right in the face, and the ramifications of this revelation were not only significant for the single brand for whom I was consulting, but for the entire cruise industry. An industry that was accustom to broadcasting their marketing message in one direction was about to be confronted with a new paradigm, the requirement for a cultural shift toward two-way dialogue as a marketing necessity.Under my guidance, the results of these early revelations led to a cultural transformation not only at this Fortune 500 cruise line, but across the entire industry as their competitors responded to our online initiatives. Consumers had found their voice through online social media, and began configuring their own cruises not around brands or itineraries per se, but around groups formed online by others like themselves. We eavesdropped on their conversations as the groups were forming online, anticipated their wants and desires, and delighted them once on board, by honoring their group with a party and memorializing their time together in pictures.My theory went as follows: Once groups form, and vacations are enjoyed, they plan another cruise, together, with even more of their friends. As the trend develops over the years, groups will double in size each year, and eventually grow large enough to charter entire ships (saving the cruise line 15% on travel agent fees and 100% on marketing costs), and they won’t even care what brand name is on their ship.As group leaders emerge and find their voice, they may select a different ship or different itinerary for the group’s next cruise, but it was highly unlikely they would opt to switch brands – as such a move is too disruptive to the group. Brand loyalty is a happy byproduct in this case &#8211; not as a result of the superior service delivered, but because the switching cost (disruption and angst within the group) is simply too high. As “the group becomes the brand,” the industry can spend less on brand marketing (reduce or eliminate television advertising), and more on delivering the experience at a better value to these devoted groups.The world of information is at your fingertips, provided you bother to commit the time and effort, and ask the right questions. Before I embark on any new concept, whether for myself or my clients, I&#8217;ve been known to spend several days with as many as 15 Google tabs open at one time, in search of total information awareness on all aspects related to the target concept. Every Google search can open a door to new elements that may not previously have occurred to you, many of which are critical to understanding whether your new venture is actually going to be perceived by the market in the way that you think it will be.Unless and until you are willing to step out of your own shoes and into those of the people you are most trying to influence (at every level of the value chain), you can’t really know whether your product/service, messaging, price point, delivery method, etc. is truly going to result in the only thing that matters, profit.http://newventurestrategies.com </p>
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		<title>Google Adwords: a Strategy for Online Communities</title>
		<link>http://advancedoptionstrategies.net/google-adwords-a-strategy-for-online-communities</link>
		<comments>http://advancedoptionstrategies.net/google-adwords-a-strategy-for-online-communities#comments</comments>
		<pubDate>Mon, 14 Dec 2009 07:24:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[This report was completed in 2007 to integrate Google Adwords into overall marketing strategy for a number of community forums run by a successful UK plc.  For the purpose of publication the forums are referenced as Online Community ABC, Online Community 123 and the parent company – Parent Company ABC… 
Contents1. Introduction2. Current Keyword Listing3. [...]]]></description>
			<content:encoded><![CDATA[<p>This report was completed in 2007 to integrate Google Adwords into overall marketing strategy for a number of community forums run by a successful UK plc.  For the purpose of publication the forums are referenced as Online Community ABC, Online Community 123 and the parent company – Parent Company ABC… </p>
<p>Contents1. Introduction2. Current Keyword Listing3. Sales Process Benefits4. How Much Does Google Adwords Cost?5. Summary </p>
<p>1. Introduction </p>
<p>Google Adwords is a pay-per-click (PPC) program for advertising on Google. Advertisements appear on the right hand side of the Google Search page for chosen keywords and key phrases.  This report examines the benefits to the sales process and resulting traffic benefits for the Online Community ABC. </p>
<p>2. Current Keyword Listing </p>
<p>The appendix contains a full break down of all keywords / key phrases being used and the resulting Google Adwords position for the Online Community ABC.  These key words have been selected after an in-depth key word analysis to determine which will offer the most prominent position on Google and the most traffic. </p>
<p>3. Sales Process Benefits </p>
<p>Parent Company A has the data resources to generate upwards of 30,000 visitors per month.  To generate a similar level of relevant visitors solely using Google Adwords would cost in the region of £10,000 per month per project.  As a method for traffic generation this rules Google Adwords out as a financially viable option. </p>
<p>However, with a carefully researched Adwords strategy there are benefits to be had.  The attached appendix highlights the position each project website appears in for each keyword search.  This creates a level of visibility online which is important in raising search engine profile and establishing credibility as an online resource. </p>
<p>When the sales team is pitching a consultancy firm with a core competency for advising in financial risk they can direct the decision maker to the Sponsored Google Link for Online Community ABC currently residing in position 5 for key words &#8216;risk+financial&#8217;.  This demonstrates a commitment to driving targeted traffic directly relevant to the potential advertiser. </p>
<p>4. How Much Does Google Adwords Cost? </p>
<p>For the purpose of evaluation we have allocated a £5 daily spend for each project.  For Online Community ABC the average cost-per-click is £1.36.  After 3 clicks our daily budget is exhausted and our adverts disappear.  Large financial institutions have driven up the cost-per-click for these keywords.  However, it is still possible for Online Community ABC to achieve a comparative good listing against other advertising driven projects of which there are very few. </p>
<p>Online Community 123 has an average cost-per-click of 38p.  For the £5 spend per day Online Community 123 gets 15 click throughs.  This illustrates that it is much, much cheaper to establish a huge online presence with relatively small spend for a HR related project. </p>
<p>5. Geography </p>
<p>Google Adwords give the option to create country specific Google Sponsored links.  Currently, Parent Company ABC&#8217;s £5 per day spend creates adverts only seen in the US.  This creates a level of visibility for potential advertisers but the sales teams cannot communicate the benefits because they cannot see it.  For projects managed and sold on different sides of the Atlantic creating visibility for both is crucial to drive the sales process. </p>
<p>6. Summary </p>
<p>For continued evaluation, I recommend increasing the daily spend for Online Community ABC and changing the geographical region to US and UK for a period of 5 working days.  </p>
<p>This will facilitate a daily conversation between the sales team and to demonstrate benefits of Google Adwords and potentially integrate into the sales pitch. </p>
<p>Darren Henwood,Director,Heir-Q Marketing Consultancy,darren.henwood@heirq.com,http://www.heirq.com  </p>
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		<title>Internet Marketing: Selecting a Winning Strategy</title>
		<link>http://advancedoptionstrategies.net/internet-marketing-selecting-a-winning-strategy</link>
		<comments>http://advancedoptionstrategies.net/internet-marketing-selecting-a-winning-strategy#comments</comments>
		<pubDate>Fri, 11 Dec 2009 19:48:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Option Trading]]></category>
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		<description><![CDATA[When you start your Internet marketing business, it is presumed that you already know the things that you need to consider. Thus, developing and implementing several marketing strategies is not a new thing to you.The development of your own Internet marketing strategy will depend on several things, such as existing strategies formulated by Internet marketing [...]]]></description>
			<content:encoded><![CDATA[<p>When you start your Internet marketing business, it is presumed that you already know the things that you need to consider. Thus, developing and implementing several marketing strategies is not a new thing to you.The development of your own Internet marketing strategy will depend on several things, such as existing strategies formulated by Internet marketing pioneers and professionals and existing market conditions. With several options you can consider, how you will be able to develop a winning Internet marketing strategy? You are not alone. In fact, there are hundreds to thousands of online marketers who are looking for the same information on the Internet. Unfortunately, the search results seem to be unfavorable and worse, are creating confusion on their part. This makes the development of a winning Internet marketing strategy difficult such that there comes a point wherein you are now ready to quit and find other means of earning money. But the question is, if you quit, is there any hope that you will be able to make money that you are looking for? You know the answer to this question. Instead of quitting, you must have strong determination to find exactly how you will be able to develop a winning marketing strategy. One thing that you need to keep in your mind is that any success cannot be achieved overnight. Thus, your first door to the strategy that you are looking for is to take your time and maximize your effort and financial resources. Avoid the Internet hype for it will just distract you and convince you that you have no place on Internet marketing. Here are other doors that you need to open and use to develop the winning Internet marketing strategy that you are looking for:•    Creating your website- it will be the first thing that you need to pay attention. You will not succeed on Internet marketing if you do not have your own website where all online-based transaction will take place. This will be the common ground between you and your potential clients thus make sure that you will create a website that will benefit your clients and visitors. This will ensure that you are ready to deal with your clients anytime of the day. •    Master a particular strategy at a time- do you still remember the proverb &#8220;you cannot serve two masters at a time&#8221;? Do not let yourself be occupied with too many ideas at a time. Take each strategy one at a time; learn its insides and outsides and master its application to your Internet marketing business. •    Apply the strategy- while you are mastering the application of the strategy, you should apply it and see the results. You can use the results you will obtain to decide if the strategy is successful or not. In case the strategy does not work for your online business, change and try other available strategies. As previously mentioned, there are several strategies that are used by Internet marketing pioneers and professionals. Some of these are as follows:•    Search engine optimization or optimizing your site&#8217;s web pages to have higher rankings during relevant search engine results;•    Banner advertising or the placement of banner ads to your site in various formats (text, images, or Flash animations);•    Email marketing or sending email and/or newsletters to a list of subscribers who have given you permission to contact them;•    RSS feeds or sending of fresh updates to a list of subscribers;•    Traffic exchange through external links and other valuable resources on the Internet; and•    Blogs that are used for advertising purposes. If you are creative enough, you will be able to combine various strategies to form a single yet more effective strategy. It will not just give you the results that you want, but will also make your Internet marketing business operation a cost-efficient one. Keep in mind that a winning Internet marketing strategy is formulated through the combination of existing strategies and applying it with respect to the external conditions, especially of the online market. There are hundreds of doors to a winning Internet marketing strategy. Do not be afraid to open it and discover what is inside of it. You will find out that it is not to be afraid of but rather to be thankful of. </p>
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		<title>Strategic Marketing</title>
		<link>http://advancedoptionstrategies.net/strategic-marketing</link>
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		<pubDate>Thu, 10 Dec 2009 19:29:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<category><![CDATA[Customer Relationship Management (CRM).]]></category>
		<category><![CDATA[Market Segmentation Strategy]]></category>
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		<description><![CDATA[Strategic Marketing 
Introduction 
- “Marketing is an organizational function and a set of process for creating, communicating, and for managing customer relationships in ways that benefit the organization and its stakeholders” AMA (American Marketing Association’s, new definition of marketing 2004) 
- “Marketing is a culture, an organizational function and a set of process for creating, [...]]]></description>
			<content:encoded><![CDATA[<p>Strategic Marketing </p>
<p>Introduction </p>
<p>- “Marketing is an organizational function and a set of process for creating, communicating, and for managing customer relationships in ways that benefit the organization and its stakeholders” AMA (American Marketing Association’s, new definition of marketing 2004) </p>
<p>- “Marketing is a culture, an organizational function and a set of process for creating, communicating, and delivering value with customers and for interacting in relationships in ways that benefit the organization, its customers and other stakeholders” Evert Gummesson </p>
<p>The strategic marketing planning process flows from a mission and vision statement to the selection of target markets, and the formulation of specific marketing mix and positioning objective for each product or service the organization will offer. Leading authors like Kotler present the organization as a value creation and delivery sequence. In its first phase, choosing the value, the strategist &#8220;proceeds to segment the market, select the appropriate market target, and develop the offer&#8217;s value positioning. The formula &#8211; segmentation, targeting, positioning (STP) &#8211; is the essence of strategic marketing.&#8221; (Kotler, 1994, p. 93). </p>
<p>Market segmentation is an adaptive strategy. It consists of the partition of the market with the purpose of selecting one or more market segments which the organization can target through the development of specific marketing mixes that adapt to particular market needs. But market segmentation need not be a purely adaptive strategy: The process of market segmentation can also consist of the selection of those segments for which a firm might be particularly well suited to serve by having competitive advantages relative to competitors in the segment, reducing the cost of adaptation in order to gain a niche. This application of market segmentation serves the purpose of developing competitive scope, which can have a &#8220;powerful effect on competitive advantage because it shapes the configuration of the value chain.&#8221; (Porter, 1985, p.53). </p>
<p>The aim of this paper is to present Market Segmentation Strategy and the customer Relationship Management (CRM). </p>
<p>  </p>
<p>I-Market Segmentation Strategy: </p>
<p>  </p>
<p>According to Porter, the fact that segments differs widely in structural attractiveness and their requirements for competitive advantage brings about two crucial strategic questions: the determination of (a) where in an industry to compete and (b) in which segments would focus strategies be sustainable by building barriers between segments (Porter, 1985, p. 231). </p>
<p>Through market segmentation the firm can provide higher value to customers by developing a market mix that addresses the specific needs and concerns of the selected segment. Stated in economic terms, the firm creates monopolistic or oligopolistic market conditions through the utilization of various curves of demand for a specific product category (Ferstman, C., &amp; Muller, E., 1993). This is an expanded application of the microeconomic theory of price discrimination, where the firm seeks to realize the highest price that each segment is willing to pay. In this case the theory&#8217;s reliance on price is broadened to include all 4 P&#8217;s of the marketing mix (Wilkie, 1990, P. 98). This application of microeconomic theory is particularly applicable to organizations active in product categories that are cluttered with competition. It is also useful where sufficiently large markets with distinct sets of value preferences are found, or when the organization chooses to proactively build a stronghold by creating value preferences among a set of consumers. </p>
<p>Segmentation as a process consists of segment identification, segment selection and the creation of marketing mixes for target segments. The outcome of the segmentation process should yield &#8220;true market segments&#8221; which meet three criteria: (a) Group identity: true segments must be groupings that are homogeneous within segments and heterogeneous across groups. (b) Systematic behaviors: a true segment must meet the practical requirement of reacting similarly to a particular marketing mix. (c) The third criteria refer to efficiency potential in terms of feasibility and cost of reaching a segment (Wilkie, 1990). In addition, Gunter (1992) recommends considering the stability of market segments over time and different market conditions. </p>
<p>  </p>
<p>I-1 &#8211; Segment Identification </p>
<p>The first stage of market analysis consists of segment identification. The analyst has the option of segmenting the market using different sets of criteria including personal characteristics of the consumer, benefits sought, and behavioral measures of the consumer (Wilkie, 1990, p. 101). Within these categories the options available are truly overwhelming and in many cases different segmentation approaches will steer strategy along very different paths. Utilizing multiple segmentation approaches is recommended by several authors (Porter, 1985; Gunter, 1992). </p>
<p>There is no recipe for choosing which variables to utilize when segmenting. The identification of segmentation variables is among the most creative parts of the segmentation process, because it involves conceiving dimensions along which products and buyers differ, that carries important structural or value chain implications. </p>
<p>Furthermore, &#8220;the greatest opportunity for creating competitive advantage often comes from new ways of segmenting, because a firm can meet buyer needs better than competitors or improve its relative cost position&#8221; (Porter, 1985, p. 247). </p>
<p>  </p>
<p>I-2 &#8211; Segment Evaluation </p>
<p>The second stage consists of evaluating the segments. The first element that needs to be defined is the criteria by which the segments will be evaluated. </p>
<p>Approaches vary with some suggesting a quantitative evaluation of the resulting segments (Sarabia, 1996), while others highlight other strategies for evaluation. A way to approach market segment evaluation is through the examination of a market structure by constructing a spatial model where similarities and dissimilarities are mapped. This representation of the market is then used in conjunction with demand estimating and forecasting models to determine possible positioning alternatives for a product (Johnson, R., 1995). This analysis can be enhanced by using a chi-squared trees analysis and correspondence analysis to generate compositional perceptual maps, which are &#8220;vital to understanding consumer brand positioning&#8221; (Bendixen, M., 1995). </p>
<p>Other elements should also be considered such as simplicity and potential adaptability of the segmentation structure across national boundaries. Kotler (1990) suggests considering three key factors: segment size and growth, segment structural attractiveness, and company objectives and resources. Porter (1985) proposes a similar approach but also recommends studying the firm&#8217;s resources and skills as reflected in the value chain, and their suitability to target market alternatives. Aaker (1995) bases his selection criteria on the SWOT analysis produced during the strategic marketing planning process. Berrigan &amp; Finkbeiner (1992) propose a somewhat similar process that includes market structure analysis, market opportunity analysis, product portfolio analysis, resource capabilities analysis and competitive analysis. </p>
<p>  </p>
<p>I-3 &#8211; Targeting through marketing mix </p>
<p>The third stage of the market segmentation process is the creation of a specific market mix to fulfill the needs, as well as market conditions of each specific target </p>
<p>segment (Wilkie, 1990; Gunter &amp; Furnham, 1992; Kotler, 1994). Although many authors limit the market segmentation process to market identification rather on the key elements of the entire process, most companies fail to give due importance to other stages in market segmentation such as product positioning and mix development (Sarabia, 1996). </p>
<p>Once the firm has chosen a market segment it must choose a generic competitive strategy. At this point it is also necessary to review the selected strategy across segments and explore general strategic approaches. In some cases it might become apparent that a counter-segmentation strategy is applicable. In other cases, the development of distinct mixes for each segment uncovers inconsistencies or lack of resources at the corporate level and so it is necessary to revert to the segment evaluation stage. </p>
<p>According to Kotler (1994, p. 293) the only sustainable generic strategy in a segmented market is differentiation. He explains that the only other generic competitive strategy alternative (low cost) is not sustainable in a segmented market. In addition, a strategy successful at differentiating must generate customer value, provide perceived value, and be difficult to copy. </p>
<p>At this point in the process the company selects those ways in which it will distinguish itself from its competitors. In most cases the differentiation involves multiple elements. In fact, &#8220;most successful differentiation strategies involve the total organization, its structure, systems, people, and culture.&#8221; (Aaker, 1996). One way to differentiate is through brand equity building. A strategy based on brand is likely to be sustainable because it creates competitive barriers. A brand strategy permits the strategist to work with complex concepts and not limit the differentiation strategy to just a few competitive differences. This approach is consistent and reinforces the STP approach. A successful brand strategy builds barriers to protect the selected position by creating associations of the positioning variables with the brand name in the prospect&#8217;s mind. </p>
<p>  </p>
<p>I-4-Positioning </p>
<p>Gunter and Furnham (1992) prescribe that after selecting target markets the strategist should develop positioning objectives to then develop them into a detailed marketing mix. However, Aaker (1996) recommends developing the positioning objective only after the brand identity and value proposition have been developed. In exploring the latter, it is useful to understand Aaker&#8217;s definition of positioning is &#8220;the part of the brand identity and value proposition that is to be actively communicated to the target audience and that demonstrates an advantage over competing brands.&#8221; Kotler </p>
<p>(1994) refers to it as the unique selling proposition. Explained in other words, the positioning statement is the point where the bundle of attributes join to form one concept which aims at capturing the essence of that which the target audience seeks in the product category. </p>
<p>The benefit of following Aaker&#8217;s recommendation lies in the expanded range of position alternatives. Three places are suggested in looking for brand position elements: the core identity (central, timeless essence of a brand), points of leverage within the identity structure (an attribute, sub-brand, special feature, or service), and the value proposition (benefits that drive relationships with target audiences). </p>
<p>According to Brooksbank (1994), the positioning strategy should include three components: customer targets, which are the product of the segmentation study; competitor targets, which are a product of the analysis of external environment; and competitive advantage, which is also a product of the environmental analysis. </p>
<p>  </p>
<p>II-Customer Relationship Management (CRM) </p>
<p>  </p>
<p>Online customers are different from those who are able to contact you and deal with you directly. They have a unique set of expectations. Generally, they expect immediate service, either by finding what they need on your site themselves; or, they may expect that the goods or services be delivered without delay. </p>
<p>CRM is the broad category of concepts, tools, and processes that allows an organization to understand and serve everyone with whom it comes into contact. CRM is about gathering information that is used to serve customers-basic information, such as name, address, meeting and purchase history, and service and support contacts. In a supplier relationship it might be procurement history, terms and conditions, or contact information. This information is then used to better serve the clients. </p>
<p>Customers need to be able to find out about your products and services and be able to make purchases. You need to track each customer’s activity in order to make offers of complimentary products and new products that you may provide. </p>
<p>Investors will have needs that relate to the operation of the business and the performance of their investment. Making some of that information available on the web site will accomplish two things: (1) investors will be better informed, and they will be able to find out the information they require without making specific inquires that take time to provide; (2) investors will get the same information at the same time. </p>
<p>Suppliers and partners want to be connected with your organization. Creating special places where these strategic partners can participate is valuable. Providing them with information, such as product promotions, press releases, and advertising campaigns will build strong relationships. </p>
<p>  </p>
<p>II-1-CRM and the customer life cycle </p>
<p>It takes ten times more effort and costs ten times more money to attract a new customer than to keep an existing customer. This “statistic” alone should be enough for companies to invest in CRM. Finding customers is the first step and the faster you get through the sorting process of qualifying prospects into customers; the faster will be the returns. A web environment adds to this process in a very positive way. You can provide the means for people visiting your site to select whether they are indeed right to be customers. Good design and clear information will aid in this goal. </p>
<p>The process starts with finding customers. The Internet allows you to attract customers in two ways: (1) getting them to find you through search engines, links, and alliances with other sites; and (2), by proactively finding them and sending material electronically. The number one way people find online businesses is through search engines. There are a number of general-purpose engines where you can be registered, such as Altavista, Google, Yahoo!, and MSN. Because each of the major engines works differently in the way they index information, it is advised that companies engage a person or company that has experience in this activity. </p>
<p>It is also important to find the specialty search engines that focus on your specific industry. Whether you are in the oil and gas, tourism, or agriculture industries, there are search engines that specialize in information focused on these markets. And is also valuable to have your site linked from other complimentary e-businesses. </p>
<p>  </p>
<p>II-2-Building value for the Customer </p>
<p>Now that you have found your customer, it is important to find ways to add value to the relationship. Keep in mind that value is in the mind of the customer. Find out what they perceive to be valuable by surveying them either online, by phone, or by regular mail. Even though you are using online techniques, do not forget the many other ways to connect with customers. </p>
<p>Another way to add value is to produce newsletters that can be delivered online or by mail. Newsletters can be related to product or service announcements and contain general industry information. E-newsletters are simple and inexpensive to produce and deliver. A good rule of thumb is to keep the newsletter small and to discuss only two or three concepts. </p>
<p>As you build the relationship with your online customer you will be able to solicit and build more profile information. Information about product preferences allows you to offer complimentary products or give specials on items of interest to a specific set of customers. </p>
<p>  </p>
<p>II-3-E-Loyalty </p>
<p>It is easy to get customers to visit your website for the first time. It is much more difficult to get them to return. You must create value for the return visitor. </p>
<p>As you gain more experience with online services you might use more sophisticated ways to build customer loyalty and strong relationships. Building customized or personalized sites for your customers to use will provide both added services and give customers a reason to return regularly to your e-business. </p>
<p>Ensuring you have good content can do this. Content can be unique articles about the industry or simply links to other sources of information. Content can also be tools that a visitor may find useful. Many real estate sites have mortgage calculators or home buying checklists that aid customers in using the service. Acknowledging the purchasing history of a customer and thanking them for the business when they return to the site can earn loyalty. One way to have customers return is to provide incentives for the second or subsequent purchases. </p>
<p>It is important to remember that an e-business is no different than a traditional business, when it comes to understanding the customer and delivering to expectations. </p>
<p>The first thing to get right is the creation of a web site that is easy for your visitors to use. It needs to be clear, concise, and include content that is appropriate for your visitor’s needs. Understanding your customers’ technology characteristics, including the type of hardware, software and connections they are likely to have, helps in the design of the site. </p>
<p>Online service can be as simple as FAQ’s (Frequently Asked Questions), or as complex as interactive text, voice, or video service delivered in real time. Here are a few ideas on how to deliver service and in what areas. </p>
<p>  </p>
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		<title>Sales &amp; Marketing-Is a direct or indirect approach best? Part i</title>
		<link>http://advancedoptionstrategies.net/sales-marketing-is-a-direct-or-indirect-approach-best-part-i</link>
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		<pubDate>Sun, 06 Dec 2009 19:55:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[I&#8217;ve discussed many topics related to High Technology companies over the last several months. One fundamental subject I haven&#8217;t explored in detail is the promotion of High Tech products. 
This is a favorite topic of mine, since I tend to become heavily involved with promotional activities with clients, as part of my consulting practice. Many [...]]]></description>
			<content:encoded><![CDATA[<p>I&#8217;ve discussed many topics related to High Technology companies over the last several months. One fundamental subject I haven&#8217;t explored in detail is the promotion of High Tech products. </p>
<p>This is a favorite topic of mine, since I tend to become heavily involved with promotional activities with clients, as part of my consulting practice. Many of my clients are at a stage where gaining (or regaining) market traction is crucial to moving the company forward. So finding successful, profitable promotional programs is quite often one of the key activities that we&#8217;re concentrating on early in a consulting engagement. </p>
<p>Same old, same old doesn&#8217;t work </p>
<p>So what&#8217;s the best way to promote software and other technology products? If you&#8217;re asking that question, thinking there&#8217;s an actual answer, you are likely on a path to failure. One-size-fits-all promotional programs rarely work, and if they do, it&#8217;s probably just lucky. The most important thing to remember about promotion (and marketing in general) is that each company and product line is a unique situation. Even with the exact same company and product line, a promotional program that worked 12 months ago has a high chance of failure today. Markets are not static, particularly fast moving, high growth technology markets. And there is a wide range of market types within the high technology business sector. The proper promotional approach for a $100,000 software package with 1000 potential customers is far different from the best approach for a $49 software package with 5 million potential targets. If you find yourself falling back on some tried and true formula, you&#8217;re thinking &#8220;behind&#8221; the market, not &#8220;ahead&#8221; of it. I always chuckle a bit when I see ads for a new VP Marketing that is seeking candidates only from 10 specific software companies that have had recent success in a particular market. It&#8217;s very likely that one of those candidates will bring along the &#8220;formula&#8221; that made &#8220;Giant Software Company C&#8221; a huge success. Unfortunately, the strategy may be terribly inappropriate for their new company, particularly at a new time/market stage. This is an example of &#8220;shooting behind the market&#8221;—and with promotional programs, thinking ahead of the market is required. </p>
<p>The reason is what usually works in promotions are novel new approaches (or new spins on old approaches, or approaches from other markets). Once something works, others in the market take notice, and the copy-cat campaigns flood the communication channels, and greatly reduce a successful program&#8217;s effectiveness. Nothing works forever, so you need to constantly being trying to find the next new promotional program—again, out ahead of the market. It&#8217;s similar to when the coach of a sports team installs a new system for his team—it throws the competition off balance for a time, but they eventually adjust, and match or counteract what is providing the advantage. </p>
<p>First Art </p>
<p>So how do you approach finding a successful promotional program for your company—do you just guess? Well, not quite. I always say that promotion is a combination of &#8220;Art&#8221; and &#8220;Science&#8221;-with unfortunately, the Art coming first. The thing is, you will NEVER know with any level of certainty whether a promotional approach will be successful, until you do it. So there is a bit of Art in formulating the initial &#8220;test programs&#8221;. But of course you don&#8217;t guess. The initial program is put together utilizing the experience of the marketer, their past experience with programs in similar market conditions, a snapshot reading of the market conditions and product position currently, the amount of budget available, and of course the goals of the company. So up front, the key is to make small, intelligent bets. </p>
<p>Then Science </p>
<p>The key word in the above paragraph is &#8220;test&#8221;. This may be the most important concept in the whole topic of promotion-and unfortunately, one that is dramatically underutilized. </p>
<p>Marketing promotional programs are all too often put together haphazardly, without much analysis of the specific situation. Often they are designed in a certain way because the VP Marketing or CEO has always done it that way, or are comfortable with it. Executives without much marketing experience like to see print ads, because in their minds, that&#8217;s marketing promotion. Of if the VP Sales is involved, Trade shows might be what he&#8217;s used to. Or seminar promotions might be preferred, if the executive comes from a market with high price points. While all of these methods may be very applicable to an individual situation, they are, on average, some of the higher cost, lower return activities in the promotion bag of tricks. I see thousands (and sometimes millions) of dollars wasted on programs that have been given very little thought, prior to large execution expenditures. Worse yet, these programs are often approved and implemented with no ability to judge whether or not the chosen programs end up being a good investment for the company. This brings me to the measurement part of promotional marketing. </p>
<p>I&#8217;ve never been a big fan of marketing programs which aren&#8217;t measurable. When measurement doesn&#8217;t occur, it&#8217;s often because program implementation just isn&#8217;t thought through well enough, and accurate measures could have been put in place—but aren&#8217;t. Some programs however, such as &#8220;Image Advertising&#8221;, just don&#8217;t lend itself to correlating the program results to the corporation&#8217;s performance. While there is, again, a place for such programs, I recommend that they be left to those monster corporations who can afford ambiguous results within some segment of a very large budget. For the preponderance of companies out there for which every nickel counts, I highly recommend that you stubbornly stick to programs with results you can easily measure. </p>
<p>A question that often arises when my consulting practice engages with early stage companies is &#8220;How should we sell our product? Should we build a sales force, or sell through distributors, dealers or OEM partners?&#8221; </p>
<p>The answer, like most topics discussed in this forum, is rarely as simple or straightforward as the question itself. It depends—on a lot of different factors. First of all, if direct, does that mean building an expensive direct sales force, or a marketing driven model with direct sales from a website? If indirect, does it mean distribution through 11,000 mass retailers, or a select few, highly specialized, technical Systems Integrators? There are so many different options within the direct vs. indirect argument. </p>
<p>I will tell you upfront that I have a bias toward using multiple channels—direct and indirect—if at all possible. It&#8217;s always been my opinion that this is usually the best way of achieving the highest total return, from the high product development investments that are typical in the technology industry. But that&#8217;s a general rule, and one that won&#8217;t always hold up in individual cases. </p>
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		<title>Successful Marketing is a Multi-faceted Activity</title>
		<link>http://advancedoptionstrategies.net/successful-marketing-is-a-multi-faceted-activity</link>
		<comments>http://advancedoptionstrategies.net/successful-marketing-is-a-multi-faceted-activity#comments</comments>
		<pubDate>Sun, 06 Dec 2009 07:24:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Option Trading]]></category>
		<category><![CDATA[Affiliate Marketing]]></category>
		<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Marketing Strategies]]></category>

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		<description><![CDATA[Marketing Mistakes You Must Never MakeMany marketers, especially new internet would-be entrepreneurs latch on to the idea of an internet business because of the ridiculous hype spewing forth from the online marketing community. Much has already been written about the unrealistic claims by internet marketers peddling their offers to the unwary, and I&#8217;m not going [...]]]></description>
			<content:encoded><![CDATA[<p>Marketing Mistakes You Must Never MakeMany marketers, especially new internet would-be entrepreneurs latch on to the idea of an internet business because of the ridiculous hype spewing forth from the online marketing community. Much has already been written about the unrealistic claims by internet marketers peddling their offers to the unwary, and I&#8217;m not going to bore you with repeat warnings.Let&#8217;s look at more savvy newbies who realize the importance of planned marketing before they see their first dollar. These netrepreneurs are familiar with the usual marketing strategies like traffic exchange, article marketing, paid classifieds and link building.But marketing is, unfortunately, not set-and-forget activity. It has to be constantly tuned to react to changing marketing conditions and buyer preference and expectations.Have your sales slumped? Are you getting no traffic, or, worse yet, enough traffic but no conversions. Or are you facing problems establishing your new business, product or service in the marketplace?Marketing challenges need to be addressed by businesses of all sizes, but are particularly acute for new businesses or marketers who may not know how to market themselves effectively to get the results they want. What can you do if you find you are at a loss on how to promote your business or if your marketing efforts seems as impactful as a single drop of water in the Pacific.*Have a Marketing Plan.What exactly is that? It&#8217;s a map, a chartered course, a flight plan, an action chart. It is a crucial first step for every successful business. However, coming up with a correct marketing plan needs careful consideration of many factors and is not an easy task for the inexperienced.*AdvertiseFree is good, and there are many free traffic exchanges and such services available. But the good is only in the word &#8216;free&#8217;, and not in the service itself. Such free offerings are a very poor target market as almost all members of such schemes are trying to sell something, not buy what you&#8217;re offering. To promote your business successfully, you must be prepared to spend money to brand and advertise your business. There are very reasonably priced promotion services as well as advanced and sophisticated ones. Stay within your budget. There&#8217;s no general rule for an ideal advertising budget for a fresh new business [it depends on your financial circumstances], but this provision can be increased as your business grows and earns revenue for you.*Your Target MarketWhat are the demographics of your market? Who are your potential customers? Why would they need what you&#8217;re offering? Regardless of what you&#8217;re selling, it&#8217;s impossible that everyone would want it [unless your product can rival microsoft windows, and you have Bill Gates's marketing skills.] To emphasize &#8211; your market cannot include everyone. Not everyone is going to need or want whatever you&#8217;re selling.*Your Marketing Message.What is the tone of your marketing message? Will it appeal to practicality, status, potential, immediate solutions to a pressing problem. How exactly will your product or service improve the quality of life or financial status of your target market? All your marketing materials, advertisements, and promotions need to project a clear and definite and message.*Your USP [Unique selling point or proposition.]Defining the unique selling proposition for your product will help your target audience differentiate it from your competitors. Almost all markets are highly competitive. There are way too many products or services chansing the same consumer dollar. Prospective customers are bombarded by an avalanche of almost similar products all claiming product superiority and best value of their dollar. What makes yours different? Why is it better? Unless your customer is convinced, you can&#8217;t close a sale.*Channels.What is your advertising media? Few internet marketers can afford television advertisements. How are you going to advertise? You need to carefully review the various options available and decide how best to maximize the returns from the ones you choose. *Retaining your customers.It costs much more to attract a new customer than to keep exisitng ones. How do you plan on keeping your customer. In online marketing there are various methods open to you but you need to know how to use them effectively to lock in your existing customers. Remember, if you can keep your customer for life, you multiply the value of that customer.Marketing is crucial to the success of every business. Failing to market your business effectively may bring you very limited revenue at best, or nothing at worst. About nine in every ten business start-ups fail.But your business doesn&#8217;t have to be amongst the nine. Many people mistakenly believe that their product or service is so fantastic and unique that it doesn&#8217;t need much marketing. However, no one will know how great your product is, or that it even exists, if you don&#8217;t tell them about it, and how to get it.Increase your quantum of success by knowing how to run a business properly before you start, and continue to find ways to improve. It is also imperative that you have sufficient support and network with those with whom you can exchange ideas, ask for help or explore strategies and techniques that work. Trying to go it alone is really a really bad idea. Copyright: Dan Jeremiah This article may be reproduced provided the entire contents and all links are included. </p>
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		<title>Sequel Advertising: A Better Strategy</title>
		<link>http://advancedoptionstrategies.net/sequel-advertising-a-better-strategy</link>
		<comments>http://advancedoptionstrategies.net/sequel-advertising-a-better-strategy#comments</comments>
		<pubDate>Thu, 03 Dec 2009 07:23:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Option Trading]]></category>
		<category><![CDATA[4ps Of Marketing]]></category>
		<category><![CDATA[Adds]]></category>
		<category><![CDATA[Advertise]]></category>
		<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Brand Management.]]></category>
		<category><![CDATA[Branding]]></category>
		<category><![CDATA[Brands]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Business Tactics]]></category>
		<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[New Ways Of Advertising]]></category>
		<category><![CDATA[Promotion]]></category>
		<category><![CDATA[Promotional]]></category>
		<category><![CDATA[Sequels]]></category>
		<category><![CDATA[Strategic Marketing]]></category>
		<category><![CDATA[Target Market]]></category>
		<category><![CDATA[Television Adds]]></category>

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		<description><![CDATA[&#8216;Advertising&#8217; is one of the most important sub-elements of the marketing mix, which is always lined under the one of the typical 4P’s of marketing i.e. Promotion. Advertising is one tactic that is considered as the most effective among all the promotional policies for a company. Advertising is type of a mass-communicational activity in which [...]]]></description>
			<content:encoded><![CDATA[<p>&#8216;Advertising&#8217; is one of the most important sub-elements of the marketing mix, which is always lined under the one of the typical 4P’s of marketing i.e. Promotion. Advertising is one tactic that is considered as the most effective among all the promotional policies for a company. Advertising is type of a mass-communicational activity in which the company markets its product directly to the consumers in such a way that it leaves an impact of the mind of the person. Companies may use all or may be selective options available for communicating with the target market. Advertising is further divided into different types and companies/manufacturers use all various types of advertising according to the products and services they are offering. The choice of choosing the appropriate advertising style is one of the significant and central factors that predict the sale of the product that a marketer wants to sell. Proper advertising tactics blended with strategic yet appealing visuals can be in favor of the company. </p>
<p>Today, the options of adversting have been maximized by the modern technology. The traditional advertising techniques contained the advertising in the newspapers, radios and lately though television commercials. Covert advertising and Celebrity branding were two other tactics that are still being massively used by the big international brands, due to the fact that these prestigious brands need to highlight their products with the best bling available on the planet. Mainly, these two advertising strategies are most costly but in the end the marketer actually catches up with a large fraction of the target market. Advertising through SMS can some times become a real headache for the people but this scheme has shrunk the gap between the interested costumer and marketer. Being a vendor, you never know that may be your client is just an SMS away. </p>
<p>Now coming to the main course, Sequel advertising related in major with Television commercials and newspaper ads. This is basically a psychological technique which has been lately identified by the advertisers; indeed this enables the advertiser to influence the mind of the consumer for the vendor. Sequel advertising starts with a television commercial in the usual promotional style. People begin to respond to the commercial and sale-rate of the concerned product/product line begins to increase. As soon as the sale-rate begins to decline, the company launches a second add with the similar major elements (including similar scenario, same models, actors, colors, statements and taglines). The main aim of making similar ads is to leave a psychological effect on the mind of the interested people, and this is what Sequel advertising is all about. This influence boosts up the brand loyal people as the company offers them better deals in the 2nd add and people who didn’t respond to the first add also get curious about the new offerings. The major mental effect that this Sequel advertising tactic leave on the mind of the people is the commitment of the vendor to give them better and better services every time. In most of such advertisements, the advertiser creates a scenario or may be story that is continued throughout the advertising campaign and these continual scenario imposing techniques creates a psychosomatic effect on the minds of the people that increases the rate of new consumers rapidly. Usually a vendor continues such sequel advertising scenario for a particular time, season or until there is an extent of improvement in the service it has offered at the first place. </p>
<p>As soon as the vendor realizes that the quota of the consumers for the particular product/ service is completed or the scenario/story that has been the foremost ingredient of the sequel has now become old. A new sequel or add is launched. The new sequel can be for the same product/service or may be for a new product that the vendor considers more important than the preceding one. This technique has been used extraordinarily by telecommunication, electricity producing companies, mobile phone operators, food and beverage manufacturers etc. </p>
<p>Sequel advertising comprises of usual marketing techniques but with the more of the mind capturing ideology. This is a good way of communicating and interacting with the target audience, until and unless the scenario becomes a cliché. </p>
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