Saturday 13 March 2010

First Essentials To Achieving Outstanding Success In Online Business

1) Go For The Basics
Take the rudiments. Get organized. Have a strategically and logically mapped-out plan, observe the learning and nurturing stages first! Be humble and unassuming enough to learn from successful entrepreneurs, and keep asking till you get those answers.

Know that this is your foundation, and what you make of it is what it will stand upon. Endeavor to build it solid! Is really of vital importance to your growth in the business.

Remember, "what's in your head determines what's in your hands".

2) Tap From The Source
"For you to get to the sea, you must follow the river" - so says a wise adage.
Research and study the lives and stories of successful entrepreneurs, their strategies; what has made them thick and sure-footed in their pursuit. Emulate, tap from their successes and strategies, and apply same to your case.
And most importantly - avoid their pitfalls.

3) Take The Right Approach
Don't be blown away by the hypes of fast money making schemes; that herald unrealistic online money making systems that's capable of turning you into an overnight success, which wind up devastating the lives of their victims.

Approach things logical (like I will always say), and don't be afraid or discouraged to start-out small.

4) Follow The Path To Success
Relate with people of like minds; those that believe in your kind of dream and vision. "Iron sharpneth iron", like the saying goes. And where and how you can find those people is by participating in forums, joining Optin groups (Focus Groups), etc.

Attend seminars, get your hands on internet money making resources, like e-books/e-manuals, other learning materials and resources, eg. software packages and programs.

Remember this: "education is priceless". Whatever amount you spend in acquiring some quality ones - is never a loss.

Some folks might balk out of investing in the acquisition of knowledge, 'cause they just engulf with that niggling fear that it might not pay off after all. But like the Rich Dad, Poor Dad book puts it: "failure is part of the process of success. People who are afraid to fail also avoid success".

For you to succeed, you ought stay abreast with trends, and staying abreast implies that you have to, at all times - keep your mind updated as much as you can; with online trends in your niche, otherwise, your mind will be outdated!

Yesterday's knowledge is obsolete to today's world.

5) Know Your Competition
One of the integrals of your research towards your business success will be to keenly research also - what your competition are doing, how they are doing what they are doing, and how you can transform that to your optimal advantage.

If you are ignorant of what your competition are doing, how then can you know what at stake, and positioning yourself to achieving greater success!

Knowing your competition base also enables you to know the gravitational force of your market. For instance, if a competitor's site is selling thousands of the same products/services that you are also promoting/selling - that gives you insight to the kind of gravity of your market; how much people value, want, and are willing to pay for such goods and services.
Are you getting the picture here?

6) Know Your Market
It will be an effort in futility if you don't have a vivid picture of the kind of people that needs your products/services and that you will be selling to.

You have to know them (your prospective buyers), study their psychology as it relates to dipping their hands into their wallet to paying for whatever you have to offer them. Like, even if most of them needs what you are offering; do they know that they need it? Will they be willing to pay at first - should they know how much they now need that your product/service in their lives? And so on.

These gives you a head-on clue on how to follow them up till they metamorphose into paying customers.

7) Customer Care And Retention
A successful business is one that has endless list of happy and satisfied customers.

One of the easiest ways to know how to treat your customers right, is to put yourself in their shoes; which should give you an utterly vivid picture of what any customer would expect from doing business with you/your company.

We all love the good things of life, and is no different when it comes to customer satisfaction.

Who wouldn't be happy, when treated nicely; with civility and genuine intention to meet their expectations with your product/service.

When a customer feels valued and cherished, meets a hearing ears when they have some snags with using your products/services, treated with lavished warmth - they get spoilt like babies, and always will come back for business because "they are given top notch customer service", which obviously satisfied them.

Bear in mind that it is only a satisfied customer that will do business with you, when next.

Your customers wants to know and be reassured that you CARE for his/her needs, rather than their money.

Remember, they didn't patronize your goods/services because they have that much money to spill around, but they did to meet and satisfy a NEED. Very important. This is what your product/service should be aiming to achieved.

The least you can offer them is to position yourself to meet that demand, if not hundred percent.

You are not in business if there are no customers to ice the cake, so respect their feelings.

In most cases, they wouldn't ask to be treated nicely or served better, but is up to you to ask smart questions like: "in what better ways can we be of service to you?"

Do you care? they want to know. Like: "how do you find our product/service; did it meet your expectations? we don't mind bearing the cost for amendments'

With statements as this - anybody will be swept off their feet.

Remember, you are not doing this for this single customer alone, but for prospective ones - at large; which your products/services will be marketed to, with the powerful tool of your warmth service that will extend from that one customer and propagate.

Picture this scenario: I am a customer, I walked into your business place, and am accorded top class customer service - regardless of my social status or otherwise. I leave contented and happy; knowing that my time spent at your place was worth the while.

Now, I have friends, family members, associates that wants to go for the same product/service that I have gotten; there is every tendency that I will refer them to your place; thereby giving your business that FREE marketing. You see that!

So what will propel me to do such voluntary publicizing, for your business? Simply because: "I was accorded top class customer service, and I felt satisfied with what I got out of my doing business with you.

This is one crucial part of any business model - be it online or offline. Take cognizance of that.

We can all succeed together.

- K. Joshua.

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