How
To Develop Your Information Marketing Strategy
By:
Dr
Mani Sivasubramanian
Information marketing - also called infopreneuring - is a method to
take information you own, have licence to, or can have created for you,
and then offer it to others for a profit or any other advantage.
If in the process you also enrich your audience, you have a mutually
beneficial process in place - one which will help grow and build your
value as an information marketing specialist.
To get maximum leverage from your information marketing efforts, you
must have an integrated strategy that will guide all your efforts at
promoting yourself as an infopreneur.
1. What is your 'product'?
Any information marketing strategy begins by knowing what you plan to
offer. In other words, what is your product?
It might be a book you have written. Or an audio tape you have
recorded. Or a DVD movie you shot of yourself doing something or
teaching people what you know about a topic.
Or it may be more intangible, like your time on the telephone or in
person, or your presence at a seminar or conference. Whatever format
you choose to deliver your information becomes your 'product' - and
your information marketing strategy will vary depending on that.
2. Who is your 'audience'?
Every information marketing system is targeted at a crowd of prospects.
The bigger this crowd, the better. But for maximum impact, you need to
know more about your audience.
Who or what is your perfect target market? It could be individuals, or
groups, or corporations and businesses, or countries, organizations,
even brands or ethnic groups.
Your information marketing strategy will be tailored to fit the
specific needs, wants, desires, characteristics, preferences and tastes
of this audience - and will get you massive results from your
infopreneuring activities.
3. Where do they live or gather?
For targeting your information marketing efforts to get the biggest
return on investment per dollar spent, you need to know where your
market lives or gathers - so you can get your marketing message in
front of them most effectively.
An ad for a Lexus sportscar would do badly in a soup kitchen. And a
promotion for a golfing book would get very few sales in a nursery
school. Yet most information marketing activities fail to specifically
target their market - and not surprisingly fail.
4. What is your profit model?
Have you heard the phrase: "Build a better mousetrap and they'll beat a
trail to your front door?"
Well, maybe they will - but unless you've figured out a way to sell
that mousetrap at higher than your cost, or found another way to turn a
profit, all that demand won't do you a bit of good.
As an information marketing strategist, you need to be clear on your
profit model - and figure out your marketing budget or the amount you
can afford to spend to attract new customers, without losing money or
for maximum profits.
This barely scratches the surface of information marketing strategy.
There are many more things to consider - and many nuances to master in
these broad categories. And that is why it is critically important to
keep learning, growing your knowledge base, and studying other material
that teach you to be a better infopreneur.
Information marketing is a valuable skill to own in today's connected
online world. Be a master infopreneur, and you can build massive wealth
and gain financial freedom faster than ever before.
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About
The Author
Internet infopreneur
Dr.Mani
Sivasubramanian has helped hundreds of business owners build online
information empires. He shares powerful tips, ideas and secrets about
achieving success and building massive wealth from information products
in his "Internet Infopreneur Tips" ezine. Register for free at
InfoProfitz - http://www.InfoProfitz.com/ac.htm
- or send any email to infopre-tips@aweber.com
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