3 Often Seen Marketing & Business Gaffs That Will Kill Profits

It is feasible that the percentages for IM business failures is very similar if not higher than that for offline

businesses. Only about 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 commonly known, but not all of them can be known.

One huge general category that consists of perhaps most of the causes are mistakes in the execution of business - marketing and advertising. There is a great deal of bad information on the net about how to create an income on the net. But it does not matter why the errors are

made - the only thing that counts is they are made and can produce devastating results.

Perhaps most Jewel Kade people will naturally think that giving buyers the greatest number of choices is a good

idea. The tricky thing is that is a normal line of logic - to offer people choices and options so there will be

something for everybody. Giving people a range of options frequently tends to be a flawed approach if you

want to make sales. It is counter-intuitive, but presenting people in your sales funnel a great deal of

options can backfire. The thing is, it has to do with human nature - in certain circumstances people have a difficult time with decision making. Unfortunately, that

very much is true when it comes to deciding what to buy. They can end up so indecisive that the very

common outcome is nothing is bought!

All of us often assume others think the way we do; and that is why you should not think everyone is cheap just

because you may be. We are talking about imagining everybody buys at the lowest possible price - that is

patently false. Look all around you, there are low priced, inexpensive, and outrageously priced products and

services in all markets.

As you know, many higher priced products have been around for a very long time. The fact that they have

existed for so long automatically dispells any myth that all people are cheap. We can only imagine why someone

is willing to pay $10,000 for a timepiece. If what you promote can be sold at a premium, then do not hesitate

to ask for a fair price for it. The important thing is for you to understand the marketing psychology behind

expensive items.

Have you ever had the notion that a product or service was so great that everyone must want it, or that every person will buy it? We all have at one time or another. Marketing history has its reasonable share of examples

about products that seemed to be bought by almost everyone.

But there's never been a product from a single company that everybody on the planet bought. The reason you

have to avoid this belief is it will sabotage your efforts; you will begin to slack off and lose the marketing fire.

There are courses of action you will be probable to take by assuming everyone will want your product. The basic

fact is you cannot satisfy all people with any kind of specific product or service offering.

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