Showing posts with label online marketing. Show all posts
Showing posts with label online marketing. Show all posts

Sunday, July 5, 2009

Online Marketing Benefits

Online marketing is becoming more and more popular for businesses and companies. It's effective and it saves money, but those aren't the only benefits of marketing your business online.
  1. Changes can be easily made - Unlike traditional marketing, with online marketing, you can change anything instantly: the wording, the graphics, the visual arrangement, etc. You cannot make such changes with newspapers, ad placements, magazines, and commercials.
  2. Ability to follow results in real-time - Online marketing also gives you the ability to track real-time results. You can immediately see how your marketing efforts are succeeding, figure out what needs to be done, then make the adjustments necessary. Usually you can't do this with offline marketing.
  3. Ability to target certain demographics - It's much easier to target particular demographics using online marketing, such as age, gender, education levels, location, occupation, income levels, and more.
  4. Multiple ways of marketing online - Blogging, video, audio, newsletters, email, social media; all are different options in online marketing. 
  5. Immediate Conversion Ability - You have the ability to instantly convert a customer online. You can convince the customer to buy your product or service much faster through online marketing (it only takes a few clicks of the mouse). This ability doesn't apply to traditional marketing, where more time is needed to pitch your product or service to a customer.

Friday, July 3, 2009

Stay Away From Hard-To-Pronounce Words

A study printed in Psychological Science experimented with the idea that people think hard-to-pronounce words are high-risk. The participants in the study were given the names of two fake food additives, and were asked which of the two would be more dangerous, their based soley upon the name. In another study, subjects were asked to do the same thing, only this time with roller coasters. They had to decide which ride would be more thrilling and more vomiting-inducing. In both cases, subjects chose the word that was harder to pronounce, regardless of whether the risk worth taking or not.

So why is this helpful to know? If you plan to market your product, you want to pick a name for it that is familiar and easy to pronounce. If you plan to write an article about or advertise your product or service, you should make sure your words aren't too difficult to pronounce. They ought to be commonplace and used in day-to-day conversation. If you can't, at least provide the pronunciation to go with the word. That way, the word is more understandable and will become more familiar with it.

A couple of things to remember:
  • What people see as familiar, they also see as less risky and more agreeable.
  • When people have to make a decision and there is no information to base a decision on, they will usually choose based on comfortability ("comfort factor").
With online marketing, things like this are crucial to know. When people surf the internet, they make all kinds of decisions: whether to click a website link, reading the text, deciding to buy the product or purchase the service or not, etc. Visitors have to feel comfortable to hook them in, so make every word count!