Archive for September, 2009

Viral Marketing — Getting Started




There are a lot of potential advantages to using viral marketing. Viral Marketing is effective for online as well as traditional “store front” companies. Well thought out viral marketing campaigns are successful because others will talk about the site or business to others, possibly even millions can become aware very quickly — hence the association with viruses. Viral marketing promotions can be both affordable as well as remarkably successful. They consist of communicating by word-of-mouth as well as different methods of directing audiences to your site.

First of all, always remember to keep your viral marketing campaign smooth and understated so as not to annoy nor drive potential customers away. The secret is to present one-of-a-kind, practical content that users will feel compelled to share with their loved ones. It is human nature to spread the word – for example a humble novel can suddenly explode into popularity after the miracle of word-of-mouth.

Post an easy to fill out, “tell a friend” feature on your site. Make it easy to locate and make sure it appears on every page, but DO NOT email the friends following the first contact (do not automatically include the friends in your mailing list) let them opt in at some point if they wish. You do not want to acquire a reputation for being a spammer nor do you want people think you are pushy or annoying.

Compose an online book, provide wallpaper or backgrounds for PCs, along with clever tools, such as online weather forecasts. Make certain that you brand these with links reminding people of your web site.

Put a clever brand name or logo on your site or product. This should be listed repeatedly on your site and on every item you sell.

Use RSS if your content is dynamic. A wide variety of websites from all over the world will grab and show a top quality RSS feed.

The campaign should reach people at their emotional core and demand immediate action. You should stand out from the crowd and be firm but not overbearing.


Archive for September, 2009

5 Keys to Having a Successful Online Business




Whether you are thinking about getting started with a new internet business venture or have a traditional business that you want to promote online, there are a few key fundamentals to online business marketing success:

1) Memorable URL: Your URL is the web address. Think of it as your online billboard, so choose wisely. Make sure your URL is easy to remember, easy to spell, and will be attractive to your target market.

2) Attractive Landing Page: Your landing page is the first impression, and we all know how important first impressions are. Your visitors will decide in the first 5 seconds if you have what they are looking for, and if you don’t they will hit the “back” button and you just lost a potential sale. Be sure to think about the layout of the information on the page. It should be easy to navigate and should not be overloaded. Also, have a clear call to action on your landing page. Tell your visitor exactly what you want them to do.

3) Opt-In Box: Having an opt-in box just means you have a way to gather your visitors information. A name and an email address (a must have). The best way to get a visitor to “opt-in” is to offer something. People are not going to be inclined to give you something for nothing. If you can provide visitors with value, maybe a newsletter or a “member’s discount”… anything that will entice them to share their name and email address. Once you have captured their info, you now have the green light to maintain contact. This is important. Through the use of carefully crafted auto-responders your readers will learn more about your expertise, knowledge, product line, and most importantly you are able to build a trusting relationship (and people like to buy from people they trust).

4) Quality Auto-Responders: Auto-responders are pre-written email messages that are sent out to your web visitors that have decided to “opt-in” on your landing page. The information included in the auto-responders must be consistent with what you offered on your landing page. If you promised a free 7 day boot camp on how to write Ezine Articles, then that is what they should be getting. Be sure to take advantage of this precious opportunity to build a quality relationship with your site visitors. You will be able to increase your numbers dramatically by simply using auto-responders to help close the sale. Be sure to educate yourself on how to write effective ad-copy to maximize this strategy.

5) Get In The Social Media Game: Don’t miss the action; social media is the hottest trend on the internet today. Anyone that is utilizing the internet to promote a business better be doing this. If you’re not,  you’re missing out on free advertising. Social media is a simple, free strategy to drive traffic to your website and we all know the name of the game is TRAFFIC. There are lots of options out there when it comes to social media, some of the more popular sites right now are FaceBook, Twitter, and YouTube for starters.

At the end of the day, know the most critical factor in your success online is your ability to lay a strong foundation. All you have to do is understand simple fundamentals to running a successful online business. No matter what business you are promoting or what target market you are after, these 5 tips covered here represent the basic fundamentals to successful online business marketing.


Archive for September, 2009

Naked Option Writing – the Cadillac of All Option Trading Strategies




 

Let’s be clear on this. There is no other option trading strategy that can outshine or even equal the profit generating potential of the sport of writing naked options. The term ‘sport’ is used here because those who practice this money making trading technique not only turn out fabulous profits but also have fun in the process. It is a fun, profitable but dangerous option trading sport that is mostly played by seasoned and skilled option players. That is, until the sport’s peril’s were tamed with the use of trading techniques that, while offering substantial safeguards to the player, still continued to offer high profitability ratios, albeit at slightly reduced rates. Having made it ‘investor safe’ has only slightly altered the profit potential of writing nakeds and certainly, without doubt, continues to be the premiere money making trading strategy in the options market.

 

The birth of the options market in recent decades spawned the creation of dozens of trading strategies and systems that is today being used not only by individual options traders but also by financial institutions. Stock options as an investment instrument is now widely employed as a safe and sound money strategy. The ability of options to give the investor a wide range of choices in stock market investment is what has made the options market grow by leaps and bounds over the last two or three decades. There are dozens of option trading systems being employed by individual investors as well as financial institutions. Each system is designed to accomplish a specific investment goal. A financial institution may use long put options to hedge its winnings in stocks that have appreciated in value, another investor may buy call options instead of stocks to enter a position in a security that has caught his fancy. Still another may sell calls against his stock holdings to generate income from his stock position, or what is now popularly known as covered call writing.

 

Trading strategies, techniques and systems available to the option trader are so numerous today that it would take a whole book to describe each and that would be just a brief description not a detailed explanation. It would be far beyond the scope of what we could cover in this short article. Most of the strategies are based on the principle of buying calls and puts or, variations of this strategy such as the use of spreads. The reason for the popularity of buying calls and puts and its variations is quite simple; limited or defined loss against the potential for unlimited and fabulous profits. This is what has driven thousands into the options trading game. But like everything else in life there is always a trade off. While the potential for fabulous profits against limited investment exists the reality of achieving such success is restricted. It’s almost like buying a lottery ticket with the potential for winning fabulous riches. Or putting it differently, it’s also akin to going to a casino and placing bets on gaming tables with the hope that at the end of the evening you will come out with more money than you came in. As we all know there are very few winners in casinos and that is why the gaming business offers tremendous profits for the operators.

 

But one can be an option trader and be in a similar position as the casino operator.  How? By being an option writer or seller instead of a buyer. For every option that is bought in the market, there must be a seller or writer of the option. These writers are the casinos in the options business. As the option seller you take the bets from the option buyers and since 75 to 80 percent of all options in the market expire worthless, you the seller pocket the premiums paid by the buyers when the options they bought expire worthless. For the benefit of those who are not familiar with gambling casinos, the winning odds of casinos over the betting player is only around 5 percent and yet they rake in profits from this business. Now imagine this, research and studies have shown that the option writer (seller) has better than 10 to 20 percent odds over the option buyer.

 

Option traders who successfully use the strategy of selling options consider themselves as having found the Holy Grail of Investments. And of all the variations in option selling strategies (just as many as there are in option buying), writing naked options is considered to be the Cadillac division. No other option selling system offers the profit potential of the naked writer.

 

So why aren’t there more option writers in the market? For two reasons:

 



There is the general belief that writing options carries the potential for unlimited losses. This has served to scare away the thousands of novice traders and those who have not been long enough traders to recognize the benefits of option writing and the many safeguards available that conquers this so-called risk.



 

 



For many, options trading has become synonymous with making big profits quickly from small investments. Option sellers on the other hand, do not have the potential for outrageous profits from any single trade, and by not being a get-rich-quick proposition it is less popular to traders who are looking for big returns on their small investments.



 

 

It must be noted however, that option writing is fast gaining popularity among serious investors looking to grow their wealth at a steady, consistent and secure manner regardless of market or economic conditions. For those willing to venture into this lucrative field for long term capital appreciation don’t let the first reason above frighten you into inaction. There are many ways one can protect himself and conquer the element of ‘unlimited loss’ in writing nakeds. The author of this article is one of many successful naked option sellers. He has put out an e-book detailing a trading system that uses a three pronged strategy that trounces the so-called risk of loss to be almost neglible. Information about his system can be found at his web site.