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What Principles Apply To Any Business Whether It Is Online Or Offline?

(EMAILWIRE.COM, August 09, 2007 ) Livonia, MI -- What are principles in terms of Internet business and business in general? Principles cause predictable, sustainable, and capital efficiency growth. If a business is capital efficient it means that they are using their money in the correct manner. In other words, if they understand why someone is buying from them then they can duplicate that process to earn more money.What is the fundamental principle behind their tactics? Wait – what are tactics? Tactics are techniques such as email, spam, and marketing. They are techniques that help execute principle based e-marketing. Essentially, tactics are marketing tools.The single biggest different between principles and tactics is endurance. Principles work forever and tactics can become obsolete overnight. For example, spam is now obsolete. Let’s look at principles and tactics that are used in today’s Internet business world. There are 5 drivers that will convert traffic for them which include:Driver #1: Baiting Driver #2: BundlingDriver #3: Recycling – Tells them what to do with people that don’t want to buy from them.Driver #4: GiftingDriver #5: Engaging What type of businesses do these drivers work in? Examples include coaching, gardening, stock brokers, real estate brokers, information publishers, trash collectors, etc. They can apply these drivers to any type of business.Conversion is important, but is not as critical as the value per visitor. For example, if they have 100 visitors and convert 5% then they have a $0.50 value per visitor. This is a low value per visitor. On the other hand, if you have 1% with a $100 product then they have a $1.00 value per visitor. This is the better option as you will make more money. This statistic is especially important when you participate in affiliate programs and joint ventures.What is the top mistake that people make when trying to convert traffic to buyers? The biggest mistake on the internet is to always go for the order right from the first communication. This is the same as proposing marriage on the first date. Would they do that? Of course not! Tip: Prospects will always prefer a shy yes before responding.Tip: A question mark is much more powerful than an exclamation mark. A question mark pulls information instead of pushes it onto people. If they want to win the hearts of more cash paying customers then ask questions. For example, sell the date of their seminar and free chapters instead of selling the sale. Go for the shy yes if you don’t want to be ignored. They need to develop relationships.Additional tips to creating their own wealth include: Follow the piles of cash. Find people who have successfully http://www.promotingtips.com [created wealth] and learn from them. “Matt Bacak, the powerful promoter, is the person who has done just that in business and is leading expert on how to achieve quick easy and fast success” said Ralph Maupin co-founder of National Real Estate Network.Remember, it's not only what they know, but who they learn it from. Learn from someone who is more successful then you. Learn the tricks of the trade and http://www.powerfulpromoter.com [internet marketing tips] from someone that has actually built wealth and not just written a book about it. Forget the past. It does not matter who they are or where they came from. Everyone deserves to be a millionaire. Contact Information: Stephanie Bunn 2935 Horizon Park Drive, Suite D Suwanee, GA 30024 (770) 271-1536 www.internetmillionairemind.com. Source: National Real Estate Network. Check out their website at http://www.megaeveningevent.com###This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to http://www.emailwire.com.


National Real Estate Netroit, LLC
National Real Estate Network

mmaupin@donaterealestate.com


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