Showing posts with label Myths. Show all posts
Showing posts with label Myths. Show all posts

Merriam-Webster defines a myth as "a usually traditional story of ostensibly historical events that serves to unfold part of the world view of a people or explain a practice, belief, or natural phenomenon."

It's been said all myths are based in fact. Whether or not that's true is debatable. What isn't debatable, however, is like society, Internet Marketing also has its myths. This article exposes what I consider to be the 10 biggest Internet Marketing myths.

1. You Don't Need Any Money to Do Business on the Internet

You wouldn't expect to advertise on TV, radio, in newspapers, magazines, or any other media for free would you? Yet, for some strange reason, people think they can just come online and not spend any money, and advertise their business for free. To me, that shows an utter lack of respect for the single most important communication medium since television.

And while it's true, there are plenty of free advertising opportunities available on the Internet, the fact remains, you still need money to effectively do business on the Internet.

2. Anyone Can Succeed at Internet Marketing

Despite how easy the slick sales letters and e-books make IM sound, not everybody has the mental aptitude for marketing. And while that may be a hard pill to swallow for many of you reading this, it's also a fact. Not everybody has what it takes mentally to succeed at Internet Marketing. That's why people hire marketing consultants.

3. You Can Get Rích Quick on the Internet

We've all heard the sensationalistic stories about individuals who came online and made a lot money very quickly. Well, sensationalism notwithstanding, those individuals are the exceptions rather than the rule. The fact of the matter is, far more people fail at Internet Marketing than succeed.

Contrary to popular belief, the Internet is not some kind of magic bullet. Besides, it's not the medium that makes people successful, it's the individuals themselves. And the people who succeed at the highest level online or offline are generally talented, hard working, organized, focused and determined.

4. People Don't Read Long Copy on the Internet

If people don't read long copy on the Internet, who in the heck is reading all those e-books out there in the marketplace? While this myth was disproven years ago, like birtherism, it still persists in the face of overwhelming and irrefutable evidence to the contrary. So, I'm going to attempt to lay it to rest, once and for all.

Research has shown that long copy generally outperforms short copy - provided the copy is compelling, well-written and interesting. And in addition to reading e-books, people regularly read long newspaper and magazine articles online. Bottom line: People WILL read long copy IF the subject matter is interesting to them.

5. All Traffic is Good Traffic

This myth is about as nonsensical as the tooth fairy. Here are the facts: If your traffic is originating from traffic exchanges or guarantéed traffic programs, it's garbage traffic, plain and simple. And as the saying goes, "garbage in, garbage out!"

If you are advertising on websites, or in publications that have zero relevance to your site, you are pretty much spinning your wheels. And if you're exchanging links with websites that have absolutely nothing in common with your site, your efforts are going to be futile because that traffic is not going to convert. All traffic is not created equal. Quality and relevance matters!

6. E-mail Marketing is Dead

With the advent of mega-popular social media sites like Twitter, Facebook and LinkedIn, alarmists have all but declared e-mail marketing dead and buried. Well, I don't believe in erroneous declarations. I believe in facts. And here are the facts according to Nielsen...

U.S. consumers are spending more and more of their Internet time on their mobile devices. In fact, e-mail activity on mobile devices increased from 37.4% to 41.6% of U.S. mobile Internet time. And when you consider the fact smartphones now comprise 25% of a gigantic U.S. mobile phone market, there can only be one conclusion... E-mail marketing isn't dead, its gone mobile!

7. Article Marketing Isn't as Effective as It Used to Be

That is absolute nonsense! I'm personally experiencing more success with article marketing than I ever have. So too are many of my colleagues. And while it's true, there are many more people involved in article marketing these days, it's also true, there are many more bad or poorly written articles permeating the Internet. This has the unintended and beneficial consequence of making well-written, quality articles stand out in the crowd. And trust me, quality publishers do notice.

8. You Need to Be on the First Page of Google to Be Successful

Nothing could be further from the truth. Yes, Google is far and away the most popular search engine on the planet. No sane person would dispute that. But Google only has ten spots available on the first page. So, not only is it unrealistic, it's impossible for everyboody to achieve first page status.

But even if it were possible for everybody to achieve first page status, you shouldn't put all of your eggs in Google's basket anyway. You've seen what can happen when Google has one of its many algorithm changes. First page today, not even indexed tomorrow. That's why you should strive to have a multi-pronged marketing approach. Utilize a variety of methods to generate traffic.

For example, blogging, newsletters, social networking, article marketing, forum marketing, online and offline advertising, guest blogging, question and answer sites, etc. Diversify.

9. Saturated Niches are No Longer Profitable

This is only true if you don't know what you're doing. Let me ask you a question: Have you ever wondered why a particular niche is saturated? It's because that's where all the customers are. You see, contrary to popular belief, it really doesn't matter how saturated or over-crowded a niche is if you're a professional.

If you know what you're doing, and execute your marketing strategy properly, there are plenty of customers to go around. You see, it's how well you position yourself within a particular niche that will determine your success or failure. It's all about differentiating yourself from your competitors. That's Marketing 101.

You have to clearly explain to people what makes you different and/or better than your competitors. Then, you have to exploit those differences consistently. So, don't run away from a crowded niche, embrace it. The Internet Marketing pie is plenty big enough for everybody.

10. If You Build It, They Will Come

Do you know what happens if you build a website and don't tell anyone about it? Nothing. Absolutely nothing will happen.

Unfortunately, far too many marketers think all they have to do is build a website and customers will somehow magically appear at their doorstep. Sorry, it just doesn't work that way. Building a website is only the first step. You also have to advertise your website to the world - and not just with free advertising methods either. That will only take you so far. You also have to be willing to spend money on paid advertising.

So yes, if you build it, they will come. But only if they know about you!

The original Internet changed the way we work and live, and the way we interact with one another. The coming of Web 2.0 promises to be just as revolutionary, and just as important to businesspeople around the world.

When the original Internet came along, businesses like eBay and Amazon.com were quick to see the power of the online world, and those early adopters went on to become some of the most successful net residents. The same is sure to happen with the world of social media, and companies are already lining up to take advantage of this unique marketplace.

Unfortunately, myths and misinformation about the social media landscape and its business potential abound. Falling for one of these common myths could hurt your business, even as you are tying to build an online presence in the Web 2.0 world.

Let's take a look at ten of the most common social media myths in the business world:

Social media is easy & your 10 year old cousin can start a website, but that does not mean building a social media presence is easy. Take the time to think out your social media strategy before you get started & your business is riding on it.

Social media is free & it is true that there is no charge to join most social media networks, but there are costs involved in establishing your business presence on those sites. How you look is important, so look for people who can help you establish a great presence from day one.

Social media provides instant results & we have all heard the stories of the overnight YouTube sensations, or the new blog or website that makes a big splash. But those stories are the exception, not the rule. It takes time for social media to start working, and it pays to be patient.

Social media is all you need & social media sites like Facebook and YouTube work best when combined with other online presences like traditional websites and blogs. It is best to look at your social media presence as part of your overall online marketing plan.

If you build it they will come & one of the biggest mistakes businesses make is assuming that viewers will flock to their sites as soon as they are live. In the social media world it is not enough to build a great site or offer a great product. You need to market that product effectively, otherwise your potential customers might never even see it.

You can do everything yourself & while a web savvy employee might be able to get you online, your in-house staff might not be able to market your website or find the customers you need. Building a team of both in-house and external resources will help you make the most of your social media strategy.

You must establish a social media presence now & while it is certainly a good idea to bring your company into the Web 2.0 world, rushing to establish a presence can backfire. It is better to take your time and do it right than to rush in and have to fix your mistakes later.

Word of mouth advertising is not important & in many ways social media marketing is the ultimate word of mouth advertising, since it allows literally millions of people to share their likes and dislikes. But simply having a social media presence does not mean you can ignore traditional word of mouth advertising strategies.

Social media requires no maintenance & a social media site is not a set it and forget it proposition. You need to maintain your site and keep it fresh in order to get the most from it.

Social media is a broadcast medium & social media is much closer to a two way conversation than a one way broadcasting platform. Understanding the nature of the medium will help you make the most of it.

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