Whether the Congressional economic recovery package that actually succeeds in bailing out the financial markets and freeing up the credit markets or not, small businesses will be dramatically impacted over the next couple years. The initial response will be met with a sigh of relief, followed by fits and spurts of issues as the reality of the package trickles down to the masses. Foundational cracks exist in the nation's confidence in the economy.
Suzie Orman appeared on Oprah and recommended everyone cutback. If everyone cuts back, the pool of available customers will shrink dramatically for every size business. Talk of the economy "in the tank" is all over the news, focusing the nation on scarcity. The belief in scarcity is a self-actualizing idea. If enough people believe the economy is about to crash and enough people stop buying, it could happen. The psychological impact of events determine how heavily the economy is impacted regardless of intervention by Congress, the President or the Federal Reserve.
Small businesses need to act now. This will be a test of survival of the fittest. Small business fitness is determined by how effectively and efficiently a company attracts and converts contacts into customers who buy, return and refer. Even Google who does a lot right is making an expensive mistake when it comes to leveraging online marketing tools available. In fact, they are making an email marketing mistake that could cost them $36 billion over the next six years if they don't make a change.
The lowly little email is sucking massive profits out of the Google Goliath. Google will be fine -- their business model can survive because they use other marketing strategies ingeniously. Make no mistake, they are still leaving massive money on the table.
Small businesses who don't learn from the mistake may not survive the current economic challenge. If you depend on your business to support your family, ignore the Google mistake at the peril of your own economic future. Getting email marketing right is so critical it can make or break businesses, fortunes and even determine the destiny of a nation.
For the micro-investment of $19 a month, your business can board the economic freedom train with a professional . Email marketing done right puts your business on the right track. There is no more effective medium to communicate with contacts, develop relationships and convert them into customers one-on-one on a mass scale. Email is so powerful it can mean the difference between small businesses that survive and those who succumb to competition and economic storms.
Here are 3 keys to effective email marketing:
1) Build a targeted list of contacts. Use valuable information your target consumer "must" have. Only provide premium quality information.
2) Use a professional autoresponder email system. Do not use free or low cost scripts. Do not email from your own server. These are certain paths to land in your contact's Spam folder or even worse turned away at the ISP (Internet Service Provider) gate without ever making it to the contact at all.
3) Follow-up with your contacts. Lack of follow-up with contacts and customers is the number two (2) reason businesses fail. Number one (1) is failure to market or advertise your business, product or service.
And yes, the little lowly email could also determine who wins the Presidential election.
Get the scoop on how email can make or break your business and determine who takes the oath of office: President Obama or President McCain. Download the FREE report: "The Google Mistake" and get the scoop on the massive email marketing mistake Google is making, how you can avoid making this costly mistake and how the candidates' email campaigns predict who will win the Presidential election if neither of them changes course.
You can download "The Google Mistake" report FREE from http://insideradvertisingsecrets.com >>>
Other articles by Taylor Hunt
Business Marketing Online - $36 Billion Google Mistake Can Predict Small Business Survival - by
Taylor HuntNo matter what happens in the immediate future, small businesses who survive the economic storm of the century and sail unscathed into the future will need to adapt their marketing to keep sales from sliding into oblivion. More and
Dynamite Advantages of Internet Marketing - by
Mark A. AbrahamsThere are many ways to use internet marketing to further a business. Not only can the statistics tell the business owner a great deal about which products sell the best, what is the most popular, but also get quick
Opt in Targeted Email List - Get Your Own List Now! - by
Dylan LohBuilding an opt in targeted email list should always be one of your main priorities in Internet marketing. You can work wonders if you've a big and responsive email list. Other marketers will hound your for JVs and you'll
Auto Internet Marketing - Is There Such a Thing As Auto Internet Marketing? - by
Melanie DejongeWhat is the one way to passive income on the internet? You need to get consistent, passive traffic, of course! On the internet, there is no money without traffic. That's the golden rule, and there's no getting around that.
Earn Money With Viral Media - by
Thamani DraftIf you want to make money online, you do not have to purchase the Earn Money with Viral Media program to do it. There are so many programs out there that will teach you how to make money online
How Can I Make Money With Information Product Sales? - by
Sean R MizeInformation products are making waves online as more and more people are spending their money in their efforts to increase their knowledge and improve the quality of their lives. If you are an expert on your chosen niche and