So far, you have been learning about the right ways to set up your online business. Moreover, here are some of the most common mistakes that should be avoided. Once you resolve these mistakes, you will be able to save your business!
Selling to the Wrong Audience
The first mistake most newbie affiliate marketers make is to try to market their products to people who don’t want them.
This is why it is important to use only “permission lists”. Permission lists are groups of email addresses of people who have given you their permission — either explicitly or implicitly — for you to send emails promoting your products.
Examples of explicit permission would include lists compiled of people who respond affirmatively to your inquiry. For example, you can ask someone this: “Can we send you more information about promotions and special offers for our products?” Implicit permission examples would include people who enter their email address on your squeeze page. Many internet marketers use the second option.
Know Your Customers
When you purchase an email list from somebody else, for example, you are paying for a list of indifferent customers.
If the list is big enough — such as thousands or tens of thousands of addresses — sending promotional emails to everybody on the list probably will result in a very small percentage of responses, possible 1% to 2%.
But the cost of reaching that small percentage of potential customers is alienating everybody else on this list by sending them emails they don’t want and can’t use. You risk being considered a “spammer” and dramatically decrease their willingness to consider any product you offer in the future.
Plus, as we have seen, it can get you banned by the big email providers and perhaps even prosecuted and fined for violating the law. Don’t be one of these people!
Not Using Social Media to Your Advantage
The second most common pitfall is ignoring social media. This is actually very common even among established businesses.
Social media platforms like Facebook, Twitter and LinkedIn offer some of the best ways to contact specific customer groups.
It also offers the ability to develop strong relationships with potential customers. This is the case because these platforms tend to be more personalized and intimate than other more traditional marketing platforms.
For example, assume you have a Facebook page for your business that sells kits for converting your home to solar energy.
The only people who are going to “friend” you on Facebook are people who are passionate about renewable energy sources, reducing them home power costs, and saving the environment.
You can help these customers by providing links to informative articles on the topic, hosting forums and web chats for people to share their ideas and resources, and even frequently posting pictures and videos about your personal life in order to establish a lasting bond. Trust me, this is fun to do!
Then, when it comes time to promote your specific products, your Facebook friends — or Twitter followers or LinkedIn contacts … will be very open to the idea of purchasing them because they feel as if they have a personal relationship with you.
Ignoring Facebook and Twitter at Your Own Risk
Social media is often ignored by traditional businesses because they assume it is simply for entertainment purposes, is used primarily by younger people who are less willing to spend money, and takes too much time and attention to properly maintain.
All three assumptions are completely wrong! Facebook and Twitter are now considered one of the most effective ways to reach highly targeted prospective customers. The average age of Facebook’s users has risen to 34 years old in recent years.
And social media sites are simple to set up, fun to maintain, and free to use. Ignoring this growing marketing opportunity is a huge mistake because it is only expected to become more dominant during the coming decade.
Monitoring the social media marketing landscape is vital to your success.