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Event Planning Must Include An Event Website
As part of your event planning you should seriously consider registering a special event domain. That should in fact be the first step for your planning of any event.
Whatever it is:
- your big wedding event
- any other big family event
- a...
Full Automation
For many years I new that today’s technology was able to fully automate our marketing systems, but it seemed that nobody was using it to its full extent. Recently I came across a system that was so beautifully automated, I just knew immediately...
The Most Deadly-Effective Trick of Online Marketing that Hypnotizes People to Flash out Their Credit Cards Instantly!
I just finished reading another sales copy ending with the Deadline Marketing! And it's the sixth I see today saying "If you order by midnight, blah blah blah...." I'm sure you've seen it. And I'm sure you're getting (if not very) a little bored. ...
TOP RANKING IN SEARCH ENGINES
It is a fact, that "search engines" really help you to promote your web site, but it is only possible, when your web site is found in top 20-60 positions, if it is not found within 1 - 3 first pages of the search result, you will never get web site...
Why You Need an Article-Marketing Strategy before Posting a Single Article Online I
Part 1 of a 2-part series To read Part 2 http://www.promotewitharticles.com/strategy102.html First, Define your Bulls Eye If you’re going to write and post articles on the Internet, be unambiguous about what you expect them to accomplish. Don’t...
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Old Meets New in the Web Store Business Plan
E-commerce may be revolutionizing the way the world does business, but it shouldn’t change your approach to writing a business plan. Whether you’re starting a Web store from scratch or taking an existing outfit online, the basic elements of your business plan will be no different from a traditional small-business plan.
Those basic elements, according to the Small Business Administration, are a description of the business, a marketing plan, a management plan and a financial plan. Consider each element in the context of a Web store and you’ll develop a business plan that can’t lose. Here are some tips to get you started:
Business Description Define the products and services you’ll be selling online and evaluate your strengths against online and offline competition. Describe your Web store content — the information on your site that merchandises your product or service. Exactly what kind of content do you expect to provide, and how will it relate to your product or service?
Marketing Plan Clearly define your target customers, and define the advertising and sales plans required to reach them. As you formulate your marketing strategy, consider the online surfing and shopping habits — as well as the general usability concerns — of your customer base. For example, what Internet technologies (browser brands and versions, connection speeds, etc.) do your customers probably use? Do they want community features, such as message boards and live chat? Are they open to “push” marketing, such as e-mail promotions and newsletters? (Find out more by visiting www.workz.com/attract/home.asp.)
Management Plan Identify the key players who will plan, build and maintain your online operation. Don’t forget to include personnel in
charge of your back-end systems, such as customer service (check out www.workz.com/manage/cs.asp), order fulfillment, warehousing, and shipping. Determine what tasks will go to existing staff and what tasks you will outsource to consultants, so your business plan clearly states where these responsibilities will lie.
Financial Plan Decide what technical functions are necessary to your Web site and research the costs of delivering those functions. You can use a turnkey solution to get your site up on the Internet (such as AOL or Yahoo! Store), or you can pay for technical expertise and bring these functions in-house. (Try www.workz.com/build/vendors/host.asp.)
Once you’ve determined your technical requirements, calculate how far your existing capital will go and then decide whether to seek additional capital investment. If you’ve been thorough in developing the rest of your plan, you ’ll be able to project income versus expense based on estimated site traffic and visitor-to-order ratios (the number of visitors compared to the number of buyers on a site). Your investors will require this type of forecasting.
Remember the old saying, "The more things change, the more they stay the same." E-commerce strategy combined with a traditional small-business format is the winning formula for your Web store business plan.
About the Author
David Johnson is the founder, president and director of workz.com. He is a lifelong entrepreneur, small-business expert, and Internet pioneer. He decided to create a trusted resource of objective how-to information to help other small businesses. Because of David's experiences, workz.com continues to provide answers and solutions to the overwhelming issues and challenges facing small businesses on the Web.
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