Showing posts with label Profitable. Show all posts
Showing posts with label Profitable. Show all posts

Niche Marketing Will Make Building Your Business Easier and More Profitable

What is a niche? A niche is a clearly definable group of like minded people with a common and mutual interest. It is a subcategory of a larger market that has specific issues, problems, wants, and needs. By understanding those issues you will be able to focus your marketing communications and get that message to the correct audience in the correct format and medium. This creates a message to market match. You actually become an advocate for them and as result begin to attract them to you.

For example, if you market a nutritional product, you may focus on a the 50 to 60 year old demographic that is concerned with protecting and maintaining their health as they grow older. Your messages to them would focus on particular issues such as heart disease or cancer, or generating more energy. As you provide information about the nutrition that is related to their concerns, you qualify yourself as knowledgeable and a leader in that field. You begin to establish trust and credibility.

Strategy

Do you have a niche? Most people starting in Network Marketing are encouraged to adopt the strategy that everyone is their prospect and that all they have to do is talk to enough people, stay positive, do the personal growth work, and never give up. While it may seem that the niche or market focus is naturally defined by the company and their products, it is a strategy that is often too broad. As a result business builders often fail to create a niche focus in their business. This lack of focus and direction has led to major problems for many network marketers as they use this broad brush to try to address too large an audience. Rather then getting to know their potential customers and business partners and their desires, needs, and wants, they quickly find themselves in a desperate selling mode which turns people off. This type of behavior has led to a negative image of network marketing.

Finding your niche. Any successful business must communicate and provide value that solves customer wants and needs. In order to do that, you must become intimate with issues, problems, wants, desires, and needs of your ideal client. That is best and most efficiently determined by focusing on a niche or unique market segment that you thoroughly understand. 3 critical questions to answer in finding your niche:

1. Who is a market?
How do you define them? Who is your best or ideal customer?

2. What does your niche want?
Specifically, what are they looking for? What problem are they trying to solve? Where do you have passion that matches what your niche wants? How can you position yourself as a solutions provider?

3. How do they want it? Often the delivery and the customer experience is more important then the product itself. Learn how they get information and in what format. Then put that strategy into action.

By specializing on a specific marketing niches or segments, you can bring ideal prospects to you. When you differentiate yourself from other people in the market place you set yourself apart from everyone else and gain attention. As you demonstrate that you understand your niche or group's specific wants and needs you establish greater credibility. You actually become an advocate for them. This builds on relationship and will lead to trust by actually demonstrating your ability to solve a problem that is important to them. Now they will want to know more about you and what you have to offer. You have become an expert in your niche which makes it easy to convert prospects to customers and price competition diminishes, making for a more profitable relationship.

Niche Marketing Will Make Building Your Business Easier and More Profitable

Bob Nussbaum is a National Home Business Consultant showing network marketers and home business owners how to improve their business results with proper training and marketing. Bob teaches internet based marketing strategies for building home based or network marketing businesses. http://www.HomeBizNetMarketing.com

10 Proven Steps to a Highly Profitable Opt In List

We have all heard it that so as to stay in business online you want to build a focused Opt-In list. Well.. I really have to agree with that simply because here is where you can always have a consistent source of FREE highly targeted traffic and an open line of communication which is perfect for sales messages. It just makes sense, right? And, everyone knows that email marketing is where the big money is really made when talking about promoting your business online as it gives you the power to Follow-Up with your possible customers until they decide to purchase from you. So how do you start your own profitable marketing opt-in list?

Now, for those of you that are new web marketing and do not know what a Opt-In list is, here is a fast definition: An Opt-In list is just a database of Names and emails that have subscribed to a mail list through a web form giving that list owner authorization to send them continual mails on the subject they have an interest in. This is the definite safest kind of e-mail selling where you will not get charged with SPAM. This is critical that you understand this from the start. Hence now you have a clear idea in your brain of what an opt in list is and how it'll be of benefit to you and your business, I suspect it is time to share with you how it is done.

Strategy

1-Pick your market or Niche. This is an important step because this is where you've got to work out who your audience will be for the product your going to give.

2-Can your target audience or Niche be reach online? This step is where you have got to do some research on whether your personal target market can be reached on the web. So as to do this you have to do some keyword analysis using keywords related to your target audience.

3-Do a Google search for newsletters in your niche. This may give you a listing of search results. Those results are the competition, but rather more important, to the right you can notice tiny advertisements. These are paid advertisements offered through Google AdWords. This suggests that someone is ready to pay to publicize and is concentrating to this Niche and must be earning profits if they are willing to pay for advertising. This, of course, is terrific news for you.

4-Look at ClickBank products that are selling good, and see if any of them are selling in your niche. ClickBank has so many affiliates across the world that you can tell what niches are hot. By doing this you are going to be able to understand immediately what your target audiences TOP issues are and how it's possible for you to help to solve there problem. Forums are another place to spy on your market to find out what needs they have that you can fill.

5-What's keeping them from getting what they desire? This is where you have got to work out whats keeping them from getting what they need in order to solve the problems they're dealing with meaning, this is where you have to work with them to discover a solution to there issues.

6-What can you offer them to unravel there issues? This is where the money is being spent. Now, the one thing you need to receive your slice of the cash is a service or product which will resolve your potential consumers problem. You can either promote your own products or affiliate products.

7-Use a Simple Lead Capture Site. A lead capture page is exactly what it sounds like, a page that gets leads by capturing contact info like names and emails.

8-Get an Auto-Responder account. This is where you will be laying the foundation down for your list. You've got to have an auto responder account Set-Up prior to making your site go live because here's where your future clients are going to come and submit there Name and email so you can begin building a list to send your offers or related information to.

9-You want to work out what 'Bait' to use. What I mean by Bait is..... free offers to add incentive for joining your list. Freebies that have real value will work the best.

10-Get Traffic-Now, once you have your website running and an email followup system in place, it is time to get targeted traffic to your site. There are many paid strategies, and also many free web traffic strategies. You can learn the free strategies in my free ebook below.

10 Proven Steps to a Highly Profitable Opt In List

Learn 10 Strategies for Massive Free Website Traffic with this FREE Website Traffic Ebook and visit the Web Traffic Blog

Profitable Forex Trading Strategy - Candlestick Patterns

The Forex currency exchange is the largest financial market in the world and allows traders to capitalize upon currency trends to generate profits. There are many Forex trading strategies a currency trader could use to profit in this business. This article explains what specific candlestick patterns we look for to make some very profitable forex trades.

Candlesticks in Forex Trading - There are a few things you need to know when trading candlesticks. In my experience, the 30 minute charts are the best ones to use when trading candlestick patterns. You must always wait for the candles to complete to make sure the candlestick pattern is complete. Do not guess where the candle will close and try to get into a trade early.

Strategy

There are many other candlestick patterns, however some are more dependable than others. The ones I use are called engulfing patterns. Specifically "Bullish Engulfing" and Bearish Engulfing". Both of these are reversal patterns and are considered to be some of the most profitable candlestick patterns to trade. When the candle body engulfs the previous candles body, this is called an "engulfing" pattern. Bullish engulfing patterns are found at price bottoms and bearish engulfing patterns are found at price tops.

How to Trade Engulfing Candles - To trade engulfing candle stick patterns, we're looking for an end of an uptrend or downtrend. This doesn't have to be a strong trend but it does need to have some momentum that looks like it's coming to an end. A good indication of a trend coming to an end is when the bodies of the candles are getting smaller in size. That means the momentum may be running out and this is when you should be looking for a reversal in price action. This could also be the beginning of a consolidation period, so we need to be aware of that.

In an uptrend, we look for an "up" candle immediately followed by a "down" candle, where the body of the "down" candle engulfs the previous "up"' candle. This is the setup we want to see so we take the short trade immediately following the close of this candlestick. Next, we count how many pips away the top of the highest last 2 candles are, including the wick, and add 5 pips. This is our Stop Loss. Our Take Profit target should be set to twice this value. For example, if our stop loss is 40 pips away, then our take profit should be at least 80 pips. Money management/risk to reward ratio, are key in this business. A long trade would be similar to a short trade except we're looking for a downtrend reversal to get into a trade.

You can search around the web for forex candlestick patterns and learn all you need to know about them, but remember there are so many of them, you need to just focus on a few. As I mentioned, the engulfing candlestick patterns are some of the best patterns to trade so if you stick with those, you'll do very well.

Profitable Forex Trading Strategy - Candlestick Patterns

Andrew Daigle is the owner and author of many successful websites including ForexBoost, a free Forex educational site to learn Forex trading strategies and partners with Forex Confidential for live trading sessions and their very profitable forex trading signals [http://www.forex-confidential.com/] service.

Profitable Forex Day Trading Strategy

If your a day trader there is a few key components to have if you want a profitable strategy. The first and most important thing is support and resistance lines. Get yourself an indicator to plot out daily pivot points for you, then hand draw trend lines and put in key resistance areas your pivot point indicator might have missed. These lines are your road map for the day. They will tell you if your on the right track or lost in the woods.

You could easily trade with just these things on your chart. Sell when price bounces off resistance and buy when its bouncing off support. Use trend line breaks and bounces to confirm your entries. If price is following a trend line strongly then place trades when price comes close then ride the bounce. If price breaks through a trend line near support or resistance then enter a trade.

Strategy

If your having problems trading like this then you might have to learn some candlestick patterns to narrow down your entries and increase your win rate. A good day trader knows every candlestick pattern and how the pair he is trading normally reacts after. I'm sure you could get away with knowing some basic formations and stick with major pairs.

using candlestick patterns at support and resistance lines will greatly improve your trading. A profitable day trading strategy is not hard to achieve in the forex market. If you stick to your trading plan and let price action tell you what it wants to do then you can definitely become a profitable trader.

If you are having a hard time go back through your charts and watch how price reacts after candlesticks like pin bars, engulfing bars, dojis, and so on. After you have a good idea go back to practice some more. Trading is like anything in this world, if you want to be good your going to have to practice.

I hope you enjoyed my profitable forex day trading strategy, Happy Trading.

Profitable Forex Day Trading Strategy

I have only been trading the forex market for 2 years now. I have learned a lot in this time though. If you like my article why not check out my blog? http://myforextradingstrategy.wordpress.com/ My blog has lots of great strategies and I keep track of all my trades there!