You are here: DIME Home > Internet Marketing > Marketing Tips - Avoid these 5 Common Mistakes When Beginning Your Online Business


Marketing Tips - Avoid these 5 Common Mistakes When Beginning Your Online Business

When starting a business – offline or online, people are bound to make mistakes; especially if they are starting it for the first time. As it is the case, this article seeks to bring some common mistakes made into limelight so that you can recover from initial financial hiccups if any.

Author: Dr Simon Wade
Date: May 8, 2011 - 9:37:59 AM


Printer FriendlyPrinter friendly page

When starting a business – offline or online, people are bound to make mistakes; especially if they are starting it for the first time. As it is the case, this article seeks to bring some common mistakes made into limelight so that you can recover from initial financial hiccups if any. It is this financial hiccup that makes one lose their patience and do something wrongly that will affect their online business for sure!

Common Mistake when Launching Internet Business #1: Relying too much on ‘Automatic’ Money Making Sites/Software

Throughout the internet, there are millions of articles on how to make money online. Also, some websites sell automatic money making widgets, claiming that they are the best for newcomers as they help catch the right ‘signal’ at the right time! This is untrue in the sense that when it is your business, you will be the best judge of it. How can automated software claim to give you the best leads? It is not 100% artificial intelligence; in the end it is a simple program that has been designed accordingly. And as history suggests, most of them fail leading to huge financial losses for the new business startup.

Common Mistake when Launching Internet Business #2: Widgets and Applications

If you’re into your own product, remember the following – there is no absolutely unique product online unless, it is a discovery or an invention! It is good to think that you’ve created the best application or widget to woo others but please, do not go overboard with it. Confidence is good, overconfidence – not cool! There are hundreds of thousands of people creating applications and widgets today, thanks to the friendly program languages that have come to the fore.

Common Mistake when Launching Internet Business #3: Reading it all wrong-the market

Identifying your market is the most important aspect of any business. It is more important than having a website to do business! Therefore it is crucial to you and your business that you read your customers well enough and understand the market you’re planning to target. A niche market is essential for the survival of your online business and not just when starting.

Common Mistake when Launching Internet Business #4: Strategic planning pays while too much opportunism kills

When starting an online business, there will be many instances when there is a ‘fast-paying’ opportunity available. But always be a calculated strategist. If you come across any such opportunity, ask your self based on the business condition (and future) that is the risk worth taking, considering a short term gain and maybe jeopardizing the long-term future for your business?

Common Mistake when Launching Internet Business #5: Not having a PR strategy

The success of your business will depend on the kind of customer relationship that you maintain in the market. It maybe that you’re not the Numero Uno in the market but if you have a strong customer satisfaction based foundation, you’re in the race and sooner or later you will topple the leader. When planning an online business, planning a PR strategy should be on your priority list.

Dr Simon Wade is a medical doctor and internet marketer with a passion for helping others in any way he can. Check out his website for many more marketing tips and free resources and powerful information to help you overcome the common problems people have when starting out with internet marketing or working a home based business. Get 7 FREE reports on PLR profits, SEO tactics, affiliate income, viral traffic, joint ventures and blogging for cash, web 2.0.  Visit today http://www.simonwadeonline.com



View all articles by Dr Simon Wade

Link to this article:

Code to copy: <a href="http://www.dime-co.com/internet-marketing/Marketing-Tips---Avoid-these-5-Common-Mistakes-When-Beginning-Your-Online-Business.shtml">Marketing Tips - Avoid these 5 Common Mistakes When Beginning Your Online Business</a>




Related Articles...

The New Key To Creating Information Products That Sell Even In Overcrowded, Highly-Competitive Markets

Jun 12, 2011 - 5:39:39 PM

I want you to add a new word to your business vocabulary -... [Read the full story]

Marketing Tips - Avoid these 5 Common Mistakes When Beginning Your Online Business

May 8, 2011 - 9:37:59 AM

When starting a business – offline or online, people are bound to make mistakes; especially if they are starting it for the first time. As it is the case, this article seeks to bring some common mistakes made into limelight so that you can recover from initial financial hiccups if any. It is this financial hiccup that makes one lose their patience and do something wrongly that will affect their online business for sure!... [Read the full story]

Marketing Tips - 3 Crucial Steps to Take when Starting Your Internet Business

May 8, 2011 - 9:34:39 AM

Internet businesses are all about proper and strategic planning, without which your business is bound to fail. Most importantly, it is foresight that helps sustaining the online business. Short term gains in online businesses might actually be pitfalls that will see the end of everything! Here are some tips to get your hands dirty on starting your internet business.... [Read the full story]

Internet Marketing Tips - 5 Steps to Success with Private Label Rights Products

May 8, 2011 - 9:29:11 AM

Private label rights products or PLR products as they are popularly known are products that are owned by you though not created by you. Buying PL rights from the original owner means you buy the product from the original creator at an agreed price and are then free to promote/sell/resell/modify/edit the product as it were your own.... [Read the full story]


Newest Articles in Popular Topics:

Business & Marketing Computers & the Internet Entertainment Health & Fitness
Finding Ways To Save Money And Maximize Revenue In Business
Cooper's Golf Park Tees Off Their New Website
Fiinovation Adjudged CSR Team of the Year & Caring Company at World CSR Day
Reasons Why Kale Realty is the Best Real Estate Firm in All of Chicago
Montreal Tech Startup Kangaroo Rewards Launches Mobile Loyalty Program for Local Merchants
It is time we break out of the SEO Shelter
3 Strong Reasons You Should Start Your Own Blog
Evolve Your Career With CompTIA A+ Certification Exam
High speed VMware Backups - Powered by UltraBlaze() from Vembu
Things to Consider When Selecting a Domain Name for Your Website
Fling Boom "Launches" This Holiday Season
Beautiful Abstract Canvas Art is Up for Grabs
Buying Art as a Gift: Tips From an Expert
Complete Guide to the 2014 Gatlinburg Fine Arts Festival Released by Jackson Mountain Homes
Learn Blues Music Online-Alternative to Traditional Piano Lessons
Avoid This Weight Loss Killer
Recognizing the Causes and Symptoms of Bladder Cancer in Women
Four Reasons to Consider Permanent Tattoo Removal
Three Types of Hormone Replacement Therapy and Why They Are Needed
Causes and Treatment of Acne

Home & Family

Shopping

Sports

Travel
Enhance Your Learning Experience Through Best Responsive Elearning Development Tools
Best Apps for Learning German
Esvees is Cranbourne's Elite Hair Dressing Company
Ozone Generator
Practical Tips When Choosing Gates and Gate Openers for Your Home or Business
Why Cases are Required for Mobile Phones?
Are Dealership Services Worth It?
2015 Jeep Grand Cherokee Named Must-Shop SUV for Towing from AutoTrader.com
Online Selling With An Appraisal Advantage
Macsome AudioBook Converter released New Version V2.0.4
Aditi Ashok signs off with a double
Softball Coaching: Avoid Becoming A Nattering Nabob of Negativity
Softball Coaching Tips - The Funnel Approach
Pick Up Specialized Advice on Jumping Exercises Which Are Highly Effective
Vertical Jump Training Tactics to Increase Your Athletic Performance
Tips for Choosing the Right Paris Short Lets
Hostels - the best choice for working womens and college students
Perfect holiday? Book a cruise and sail in Croatia!
Say Aloha to Your Best Vacation Ever with Kohala Coast Properties
The Perfect Guide for a Fantastic Family Trip to Kansas City

 



Follow & Share Your Favorite Video Articles

Tell a Friend About This Site



Chamber of Commerce - on the Web logo



Subscribe to the eMarket SmartsTM Newsletter in order to keep up to date with what's happening with dime-co.com, get the emails on new video articles, featured articles, and more. Your privacy is always protected. We never rent, sell or trade your private information

:
:

Service provided by GetResponse Autoresponders


Recommended Associates


Latest Articles in All Categories


Putting Up a Small Commercial Printing Business
So You Might Be Unemployed And Desire To Become A San Francisco Real Estate Investor Now
Meditation and Mindfulness: Dealing With Emotion
CPA Websites: Five Essential Ideas for Composing Convincing Articles
Set Goals In Order to Come Up With Your Action Plan
Is the Air in Your Home Safe to Breathe?
Coarse Fishing Tackle Review: The JW Young 13ft Trotter Rod
Section 1031 Exchanges For San Diego Real Estate Investors
Phoenix Real Estate Investing For Highest Possible Earnings
Legendary are the Volk Racing TE37 Wheels
Developing the Next Generation Wall Station (ChaseDesk™) for Healthcare - A Case Study
What are step down transformers?
Introducing Sharehype, the Revolutionary Tool for Online Marketers
Rewards To Shopping For Austin Real Estate On The Web
Hydroponics for Beginners



Do you write?

Would you like submit your articles and have them approved on a priority status? Find out more about how you can become a Priority author for pennies a day! Click here.

Dime-co.com Home
  • Business (9328)
  • Computers & The Internet (5740)
  • Entertainment (1348)
  • Family (958)
  • Finance (1963)
  • Health (4246)
  • Home and Living (6670)
  • Marketing (6113)
  • Shopping & Product Reviews (2624)
  • Sports (694)
  • Travel and Vacations (1689)
  • Video Articles (1)
  • Editors Pick (1)