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3 Big Reasons Why Online Businesses Fail And Ultimately Disappear
Category: Member Blogs
Tags: online business online marketing

1. Quite often, the entrepreneur has no idea how to market/sell the product without offending anyone. Even though they may be a great inventor, importer, writer, etc., they don't know how to create a benefit-oriented sales message because they are not in touch with their customers.

2. They grossly overestimate the demand and importance of their product in the marketplace. Many people think they have a winner, something everyone in the world needs. Generally, products appealing to everyone appeal to no one.

3. The biggest problem is the product is not positioned or even suited to the Internet or to online marketing. It may sell very successfully in specialty retail stores, or via direct-mail, however, the online market place isn't interested enough to actually pull out their money and purchase. Or worse, the marketplace is used to doing business a different way and can't see themselves ever buying "X" on the Internet. Examples: cars, jewelry, boats, health products etc. However, we believe this point is constantly becoming more of an exception as more people go online shopping, but only you can know the type of customer demographics you have in your hands now, and whether your site is playing an active role in selling and delivering your products via dropship.

Here the classic verse that has been around since it was uttered by some well-known guru applies: "Pick your market before you pick your product. Then, you can be sure you are selecting a customer group you want to do business with, one with money, and passions you can appeal to or problems you can solve."


Nelson Tan is the webmaster behind Internet Mastery Center. Download $347 worth of FREE Internet Marketing gifts at http://www.internetmasterycenter.com

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Disclaimer

I’m one of several Christian Internet Marketers who answer questions online and sometimes for members of Affiliate-Bivocation and my sub-affiliates. I usually handle questions about Social Media Marketing or Social Media SEO and 2nd Income Opportunties, so in those areas I’m more likely to make sense and less likely to say something stupid. If I post something here that you find helpful as you build or manage your Online Biz, that is my Blessing. But when push comes to shove: This is my personal blog. The views expressed on these pages are my opinions from my experience as an Internet Marketer and Online Business Guide. All data posted to this blog is informational in intent and execution. If I say something disquieting in the future, it’s better to be able to point out that the lack of intelligence is mine, and mine alone. My Foolishness! You can’t have it! It is mine alone and does not resemble those of my affiliations. I have no control over their abundance or lack of intelligence. Also bear in mind that if God Himself does not, or cannot make you Behave as a result of your own foolishness, I certainly can't "make" you partake in His Wealth and Abundance.

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