|
1. Expanding their customer base from one limited
to a local region or county and increasing the opportunity to
contact customers outside of this area. The increase in customers
provides an opportunity to increase sales, to save money on
advertising from one central Web site to a wide population.
2. Print costs are going to continue to rise,
while online you can distribute materials to thousands of people
without printing thousands of manuals. The materials are always
available, don’t wear out like print, and if they need to be redone,
they don’t need to be reprinted, significantly reducing costs for
distributing information.
3. Customer service online helps to reduce
overhead costs and legal issues by having no clerks, no insurance or
regulations, and best of all, a storefront that is always available.
Compare this to 800 numbers where you hit numbers and get put on
hold with awful music; online you get into immediate contact with
the information you need. If not, email is available to get into
contact with the company, which doubles the value of the site for
market research. Let your customers tell you what they need and
develop products and services to fit those needs.
4. The value of market research makes a Web site
an investment that adds value over time, because it develops a
direct feedback from your clients’ wants and needs to your company.
Let them bring the ideas for you to create the product or service
around, saving money on development costs, lowering the costs of
lead generating, and allowing you to keep growing with your market.
5. Do you realize people will interview and talk
with you just because you have a Web site, regardless of your
business? What other form of advertising or promotion can promise
that? Public relations possibilities are virtually limitless for
online business. Today’s business climate favors companies that
expand the resources from solely their efforts to a collaboration of
partners. Online businesses can work with related, non-competitive
businesses to generate cross-marketing value from business to
business, from the department to department within a corporation,
and with partners in other countries, doubling the value of current
marketing efforts.
6. Lead generation is one of the primary strengths
of a Web site. By providing constant access, you can create a steady
stream of customers through directed, targeted marketing based on
consumer interest. These consumers then spread the word through to
others interested, leading to a word of month advertising campaign
that could not be created without the Web.
7. Email mailing lists are an emerging source of
revenue; people will share their email addresses, which can be
easily merged into bulk mailing lists online for access. When
someone moves, the Internet automatically tells you that they have
moved, allowing you to keep up to date without spending tons of
money sending out more letters. Mailing lists of physical addresses
are also easy to collect, building a valuable resource that may
eventually be worth more than your business. The power is in access
to a targeted audience.
8. The online marketplace puts everything in the
consumer’s hands right away. When they enter your online storefront,
they can immediately decide to buy and make their transaction right
there. Impulse plus transaction are in the same place.
9. Traditional advertising is based on losing value
and building revenue on repeated attempts to advertise. But
advertising is based on the old model of business, trying to
convince people of the value of your product or service in a
one-shot advertisement.
10. The gamble is in time. Each advertisement in these media loses their value almost immediately.
They are built to be one time events that lose all of their value.
The gamble is all or nothing; if it fails, there is only to go back
to the drawing board and spend just as much money redoing it. The
Web is different, gaining value over time because it is so easy to
test, adapt, and change subject to the needs of your customers.
Get ahead of your competition by using successful
techniques they haven't seen yet. Call or email us for a free, no obligation
consultation |
|