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Lethal Marketing Mistakes That Destroy Dreams And Income

07.31.2011 · Author: · Posted in Business

We all recognize the failure rate for individual online entrepreneurs is fairly substantial. Only roughly 20% of all new businesses in the US make it through more than a few years. Some of the reasons for online business failure are generally known, but not all of them can be known. Mistakes of all types, spread out all over the place, are perhaps the single greatest killer of online goals. Quite often people are wrong when they come to the business table in the first place. But when it is all said and done, it really does not matter what caused it; but rather the outcome is enough for most people.

Just one mistake concerns the idea that if you offer sufficient things to your readers, then that will be a wide enough net to cover most scenarios. The tricky thing is that is a normal line of logic – to give people choices and options so there will be something for everybody. It can be difficult to speak in general terms, but we will say that when it comes to making sales online – a lot of choices can be deadly. But in general, you do not want to provide a load of options – perhaps one option can be too many. The thing is, it has to do with human nature – in certain circumstances people have a hard time with decision making. Buying decisions are very tough for many, if not most, people to make. They can become so indecisive that the very common result is nothing is bought!

If you can be correctly described as being, cheap, then that is fine but just make sure you do not assign that mindset to everybody else. What we are getting at is the mistaken presumption that all people want the most rock bottom selling price. It is common knowledge that prices for the same item can range from very cheap to being quite a lot. Some very upper-end products were around for many, many decades. The simple fact that they have existed for so long instantly dispells any myth that all people are cheap. People want to spend a great deal on certain things for their own motives. If you have a good to excellent product or service, then understand how to properly market your products/services. The critical thing is for you to understand the selling psychology behind expensive items.

Every now and then you may get a concept for something and perhaps assume just about everyone who sees it will want it. It is possible that a lot of people have had that kind of thought. Marketing and advertising history has its fair share of examples about products that seemed to be bought by almost everyone. But there has never been something from a single company that everybody on the planet bought. What you need to be careful about is when you have that thought it will make you lazy in your promotional work. If you begin to picture your product will be universally liked, then that will lead you down harmful paths. It is delusional to consider any service/product will be well-received by all people.

If you wish to read more articles related to how to make money online, feel free to visit my 3 Often Seen Marketing & Business Mistakes That Will Destroy Profits page.

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