RE: [PHP-DB] E-commerce Marketing ideas??
| From: | Mark Nold | Date: | Wed, 12 Jul 2000 16:09:14 +0000 |
| Subject: | RE: [PHP-DB] E-commerce Marketing ideas?? | ||
| Groups: | php.db | ||
| Request: | Send a blank email to php-db+get-1081@lists.php.net to get a copy of this message | ||
So you plan on mailing or phoning 1500 people? This will cost, and is
regarded by a lot of people as intrusive no matter what a good deal you are
offering. Mailing lists and calling return rates are less than 1% for
profesionals.. again you will end up with <15 customers for a lot of work.
Find some books on the subject and start reading, dont just take my advise.
Somebody suggested offering content + service for free then charging for
advertising and better service. I've willing handed over company cash for
these sort of services and products because i get to use them and evaluate
them and the company. If you run such a site that is good and popular you
can even make money off advertising. This seems to be the current
"e-business" model, time will tell how good it is.
Personally i favour big products for big bucks to a few clients rather than
small products to millions of clients for none to little dollars. They both
work if you are customer focused but the former seems easier and less of
nightmare. (Its easier to keep 3 clients very happy than 1000000 slightly
happy). Having said that the 'free-business' model above also fits this.
Make a site that makes 1500 free users happy, guarenteed >1% will want
more, and be willing to pay for it.
Also consider your market, you dont want your potential customers to be
people with few discretionary dollars. You want people with buying power
who are willing to spend on your idea, you may find that poor colledge
students may be unwilling to pay for the latest audio cd, but may pay for a
site that allows fast and secure MP3 files out of Jamacia (hey who knows).
My suggestion is to target other business in successful sectors for
example; Mining, Oil (is on the rise again), Goverment. (success? but they
have lots of money), Other dot.com successes (I know when i make my first
$1M ill be buying those stereo monitor gogles to play Unreal T on)... these
potentials have money. Always aim for the high end of these markets.
Do a S.W.O.T (Strengths, Weaknesses, Oportunities, Strengths) analysis and
business plan. Define your goals (making money isn't the hardest part,
keeping happy is), and expect setbacks. You _must_ also seek advise from
others on this. Write it all out then talk to a trusted and successful
business person. Dont trust me, talk to someone you know will be honest.
This is important because your idea may be worth $0 to everyone else. If
you write it all down it'll only cost you time, but if you start buying
lists, buying postage stamps or calling 1500 people you will be spending
your $.
The best example i have is a guy who i went to school with who wanted to
grow hydroponic asparagus. Hydroponic because its the best plant
technology, and asparagus because he loved asparagus. Now we live in a
fairly remote city with a very small market for high-end hydroponically
grown asparagus. At the end of the day he had all the asparagus he could
eat, but was broke and in debt. I always wonder if he still likes
asparagus.
Just because you like something doesnt mean everyone else will. Also just
because something is high tech and pretty niche doesnt mean you can charge
a lot for it. These are two of the 100's of common marketing mistakes i'm
sure you learn from a good book. (Now there's a product "Marketing for
Geeks", "Dating and Mating for Geeks", "Fourwheel Driving for Geeks"... i
better go patent that one ;)
I would really think about the free-site model as it will only cost you a
small amount set up plus your time, you get to test your idea, and you will
learn heaps about marketing and business on the way. You will also be able
to assess yourself. Get a 9-5 job (or dont quit yours yet) make your
business work with late nights and lots of effort then the dollars will
come your way. Most new business start with a lot of work by one person (or
a lot of money).
This is sooooo off topic, but hey if anyone else is interested chime in off
list as ive about said all i know (wow my whole marketing experience on one
page... i'll have to put a hold on that "Marketing for Geeks" book.)
mn
PS: Last piece of advice, never trust advice from a mailing list!!!! I
could be a second year marketing drop out from Toongabbie University. Also
never trust people who use too many exclamation marks or "quoted words".
NB: I am currently looking for a co-author on the newly announced " * for
Geeks " series.... any takers for "Corporate Backstabbing for Geeks" or
maybe "Sales Technique for Geeks" (also titled "Lieing your Arse Off for
Geeks")
Mark Nold
markn@alverstone.com.au
Systems Consultant
Change is inevitable, except from vending machines.
On Wednesday, 12 July 2000 11:14, Nam Nguyen
[SMTP:namnguyenphp@hotmail.com] wrote:
>
> Hi Mark,
>
> Thanks for your information. But I think I will mail and phone instead
> because I have seen enough of spam and don't believe in spam either.
>
> I admit that I have no experience in marketing. If you have any ideas to
> share with me and the list, I would be very interested to know.
>
> Best regards,
>
> Nam.
>
>
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