The business world has increasingly become more cutthroat and ruthless. It is estimated that a ninety percent of a majority of start-up business companies fail in their first year of inception. Since the introduction of e-commerce it has brought up an increased number of entrepreneurs. Businesses that were suffering losses due to huge overhead costs have turned to e-commerce. Opening up an online business is easy and convenient. Overheads costs are significantly reduced and one can conduct their business operations from the comfort of their homes.
The challenge that most entrepreneurs face is marketing their businesses. A business must stay ahead of its competition and the only way this can be achieved is through two ways. Providing consumers with quality services and products and using excellent marketing tools. There are several ways one can boost their online business this can lead to increase in the number of consumers and profits. The right marketing tools should be able to make your business into a solid and recognizable brand. These basic tools can be done by you and one does not need to hire expensive marketing consultants to do it. Excellent execution of this tools can be the quick fix that any start up business or stagnant business needs.
First priority is the need to carry out a SWOT analysis. This means carefully and evaluating your business Strength, weaknesses, opportunity and threats. Conducting such as attest will help you tackle problems head on. It ensures that the marketing tools used end up being extremely effective and act as an antidote.
What are these helpful marketing tips?
Use of Google webmasters and Google Analytics; this tools help identify any potential problem that your site might have. They help you improve your site and educate you on how to ethically market your site. A site and a business are nothing without a good reputation. Carrying out ethical business practices will further your as more people will have faith in you.
Take advantage of popular social media sites such as Facebook and Twitter. These websites have a proven track record of boosting sales of a majority of online businesses.
Tweetdeck is an application that allows you to post on Facebook and Twitter. It informs users about your company product and services.
Bit.ly is a service that helps you save time by tracking down URLs. Any user who clicks on your URL is given a brief biography about your business.
Imgur is a service that enables you to post photos for advertising, emails and customers can leave reviews on the site.
Mint is a financial service that helps you get organized financially through creating budgets and goals.
Google AdWords helps you to connect with customers directly through Facebook, Twitter and YouTube channel thus giving you a heavy social media presence.