Writing & Publishing Articles
by Brent Sampson
These articles are available to help you. They may also be used on your website, ezine, or blog without permission, provided the exact biographical information below accompanies each article, including the active links back to Outskirts Press:
About the Author
Brent Sampson is the best-selling author of Sell Your Book on Amazon and the award-winning Self-Publishing Simplified. As the president & CEO of Outskirts Press, Brent offers full-service, on-demand custom book publishing services to authors seeking a cost-effective, fast, and powerful way to publish and distribute their books worldwide. Through Outskirts Press Brent has helped thousands of authors with writing, editing, publishing, marketing and entrepreneurship. Brent is also on the Board of Directors for the Education & Literacy Foundation. For more information about the future of self-publishing visit www.outskirtspress.com.
A Three-Step Plan for Improving Profits: Turn to the Internet by Brent Sampson
Here are some tips for using the resources available online to make your company more streamlined and profitable.
1. Go paperless wherever possible.
Going “green” is one of today’s hottest business trends but even before concerns about global warming made companies see the photosynthesis, the Internet was paving the way for a less paper-dependent economy. Now the changes are so drastic they are literally depressing businesses that until recently were largely dependent upon paper – the U.S. Postal service and print publications, to name just two. Postal rates continue to increase and print magazine revenue continues to decline as businesses rely more on email and online marketing to communicate with clients and acquire new ones.
Following in the footsteps of the banking industry and others, most businesses can experience an immediate increase in margins by invoicing their customers and vendors via email or through their own secure websites. A natural extension of invoicing customers or clients is accepting payments through the Internet via secure servers. Most consumers are confident in placing small orders through the Internet already (purchasing books on Amazon, for example) and as the fastest-growing online vertical (travel) can attest, those price points are climbing as customer confidence grows.
In the wake of such trends, savvy business owners are encouraging their customers/clients to use the Internet not only as a source of information, but as a convenient place to actually place an order. The number of website “storefronts” grows every year and many businesses are moving away from physical storefront launches in preference to virtual storefronts. Of course, receipts are then emailed to the consumer rather than printed out, another example of going paperless.
When a consumer or potential client visits a business website, the goal of that business should be to share information, but also to “convert” the visitor, either by influencing a purchase, or acquiring some basic customer information (in the way of an email or phone number). Such tactics pave the way for another paperless endeavor: email marketing rather than direct mail through the post office.
Concepts like “converting” the visitor come full circle when business add online advertising in addition to the more traditional, “paper” variety of magazines and newspapers.
2. Analyze, adapt and improve online advertising efforts.
With online advertising through Google, Yahoo, MSN and other players in the pay-per-click search engine marketing industries, businesses usually reap a higher ROI (return on investment) than through more traditional offline advertising. Additionally, online efforts are rewarded with valuable statistics that allow the advertiser to analyze, adapt and improve their efforts.
For instance, online advertising is often measured in “cost per conversion.” The advertiser pays when the ad converts into action, typically measured when a user “clicks” on the ad to see more information about the business. At that point, it is up to the business to “convert” that user, either by acquiring a telephone number or email address (which would constitute a “lead”) or by invoking a genuine purchase (which would constitute a paying customer).
The number of times someone clicks on the online ad compared with the number of times someone becomes a “lead” or a “customer” provides the business with the CPC (cost per conversion). When an online marketing effort is properly created, this CPC figure is available for every single ad in a campaign.
The real trick to improving profits comes next: The business must nalyze the CPC for each ad and make small, quantifiable changes. Does the CPC improve or get worse? By continually adapting the language in the ad and the website conversion page (usually called the “landing page”) a savvy business can increase the ROI through measurable means.
3. Leverage and moderate viral marketing.
Ultimately, and ideally, a business may find itself involved in a “viral campaign” where advertising takes on a life of its own through the Internet.
Viral marketing exists when there is a certain “buzz” about a business, product or service. As a result of that “buzz,” other Internet users share the message through social networking sites like MySpace, Facebook or YouTube. Suddenly, groups of people are spreading the word about the business, even though they represent no advertising expenditure.
There are a number of ways to “kick start” a viral campaign. For example, create a MySpace profile page or an AmazonConnect account. Assign friends with similar interests. Write an article and distribute it through online article banks. Or better yet, write and publish a book about the business, product or service. Print-on-demand technology now allows individuals who never fancied themselves a writer to compose a non-fiction, informative book and sell it to the masses. Amazon, Google, and eBay suddenly become untapped gold mines of new marketing opportunities or potential clients. All you need is a book. Too daunting? Start a blog on Blogger or Word Press; upload a video tour of the business on YouTube; create a community on Facebook that focuses on the benefits of the business. The opportunities are endless.
With Web 2.0, the reality is finally catching up to the Internet’s potential. Online is where the customers are. It’s time for small and medium-sized business to follow suit.