Search
Recommended Sites
Related Links






   

Informative Articles

How Article Marketing Will Make You a Fortune
Article marketing–the simple act of writing one 400 word article and submitting it to various sites–is the surprise online marketing medium of the past year. For a couple years, new marketers have been advised to promote their businesses by writing...

Network Marketing System
Every entrepreneur knows that setting goals is crucial to business success. If you don't know where you're going, how will you know when you've arrived? Or, more importantly, when you're heading in completely the wrong direction? If you're the...

Succeed in Affiliate Program marketing with webmaster staff leasing
Using a webmaster staffing service is one of the most effective ways to increase your affiliate commission checks. Being successful in the affiliate marketing business takes a lot of time and energy. While you're busy on one part of your...

Testing and Tracking Your Marketing Strategies
Developing and implementing a strategic marketing plan is an essential part of your success. However, unless you're testing and tracking your strategies, you may be losing a great deal of time and money. You can dramatically increase your sales...

Your Entire Industry Will Be At Your Fingertips By Email Marketing
Prognosticators see media fragmentation as stumbling block to reaching customers but really, there are just a lot more choices and its actually easier in some ways to reach a specific target. Email Marketing is the most creative online solution...

 
Ten Ways to MROI--Maximize the Return on Your Investment in Marketing

Permission is granted to reprint article provided bio line is kept intact.

MROI means Maximizing Return on Investment. How do we do this in marketing? Track, measure, analyze, strategize. The more data you get, and the more you massage it, the more you learn, and the smarter your marketing is going to be.

Here are some questions to ask yourself when you plan your marketing strategy for the new year. (Substitute customer for client.)

1. What are the historical patterns of behavior of your clients? Do they respond more in the fall? At New Year's? Gear up for these times in the coming year.

2. What clients have brought in the most revenue? These clients are "worth" more. Where did they come from? Why did they choose you?

3. What else might these high revenue-driving clients like to buy from you? Ebooks? Tapes?

4. What contacts brought in the most business? A particular ezine? Something on your website?

5. What products, services, or programs have brought in the most revenue? Replicate these!

6. Where have your referrals come from? Remember the 80/20 rule -- 80% of your referred clients probably came from 20% of your referrers. Reward the people who refer to you. Find more like them. (For 80/20 rule see www.topten.org/public/AG/AG310)

7. What does your clientele look like demographically? What sex, age, income, education, occupation, hobby? Match your ads and promotions to where these people will be.

8. What's the 'formula'? Can you verbalize it? Know precisely what drives traffic and revenue to you. For instance, mailing X number of flyers yields X new clients, costs $X, and takes X hours.

9. Did you factor in your time? If giving one teleclass yields less clients than the above tactic, but only takes 1 hour and costs less, it's more cost-effective for you to give teleclasses.

10. And are you still creative? Making your marketing more business-like can't be done at the expense of your creativity. Both are necessary.

About the Author
Susan Dunn is a personal and professional development coach specializing in marketing professional services. You can visit her on the web at: http://www.susandunn.cc.

Sign up for PayPal and start accepting credit card payments instantly.