5 Steps To Perform Your Market Analysis

To perform your market analysis, you need lots of information including information about your competitors, product, market environment, pricing, distribution, target market, and more.

I write about many of these topics on my blog, but specialize in market segmentation and gathering target market information. So I want to share with you how to do a free target market analysis that takes only minutes.

Step 1: You Need Demographics To Perform Your Market Analysis

First you must identify the best potential customers for what you sell. Then you need to know five major demographics for your target market:

1. Age provides generation and life stage characteristics.

2. Gender provides marketing appeals that differ between men and women.

3. Education provides social class and lifestyle characteristics.

4. Occupation is the best predictor of social class.

5. National origin, or race, provides characteristics that differ by culture.

Now this information is sometimes difficult to locate, particularly if your business is Internet based. But I recently discovered a site that provides age and gender demographics by keywords. You’ll be surprised at how many marketing characteristics you can learn from just these two demographics.

Creating Landing Pages With WordPress

Most people think of WordPress as a blogging software. However, you will notice that some people are using it as a website building tool.

This gave me the idea to use it for landing pages. It will work for you if you are an affiliate or if you sell your own products and services.

On-Page SEO

The link structure of WordPress makes it easy for your site to be indexed by the search engines. I have zero programming background background, yet I can rank well on search engines when I use WordPress because it is SEO-friendly by nature. With a few simple tweaks in my settings, my on-page SEO is done.

This is great for quality score when you are doing Google AdWords. Of course, quality score is not 100% about on-page SEO, however it does help you to get a much better quality score than if you skip your on-page SEO. Remember, higher quality score translates to cheaper clicks.

Dual Function

Getting to Grips with Google Part IV – Link Building & Promotion

If OnPage SEO is all about getting Google to understand the contents of your web pages, then OffPage SEO, link building, is all about giving Google a good reason to put your website high up in the search results.

The success of Google in the Search Engine arena is down to its highly accurate search results.

These are due to its primary ranking system – PageRank. Now, while there is much debate as to how important PageRank actually is these days, there’s no escaping that it’s still one of the major factors in generating Google’s SERPs.

The idea of PageRank is a simple and thoroughly democratic one. The theory goes that in a network of interlinked documents, such as the World Wide Web, the pages with the most inbound links to them are going to be the most important, and most authoritative pages.

In simple terms a link from another web page to yours is considered a vote, a vote approving your content and recommending it to others. It is this “voting” system that is the key to Google’s results generation.

Complex Testing And Tracking Made Simple

When it comes to pay per click marketing, the way to generate more profits is none other than to test and track consistently over time.

Yes, it sounds like work, however, this is the key to maximize your returns. Besides, it does not take much time and it is quite easy to set up.

Search Network Tracking

For search network, you must track based on individual keywords (and keyword match types) so that you know exactly which keywords are making you money and which keyword are not. When you know that, you can adjust your individual bid prices according to your ROI.

Content Network Tracking

For content network, you can only track based on adgroups and only broad match keywords are needed. Same thing, you adjust the bid prices of your adgroups according to your profits. For those adgroups which are doing well, considering duplicating the whole adgroup then use image ads.

CTR vs Conversions

Click through rates (CTR) is a good indicator of how good your ad is at grabbing attention. When you take a closer look, higher CTR does not mean that your conversion rates is good. Sometimes, you will write ads with high CTR and low conversions, this will lose you money!

Getting to Grips with Google Part III continued – OnPage SEO

Previously we looked at the basics of keyword positioning as a means of helping Google understand the content of your webpage. Continuing on from that let’s look at applying these techniques to our entire website.

Going back to our Rattan Furniture shop example, we’ve already optimised our home page, so what can we do to optimize our inner pages? The OnPage SEO techniques we covered last time still apply and should be used on every page on the website. But, do we want our inner pages to be targeting the same keywords in the same manner?

In a word, the answer is no. There’s no point for us to target the same keywords. Each page of our site is going to have specific and hopefully unique content which we will be optimizing in exactly the same manner as we did last time.

This time, however, there is a little more that we can do. We can build more SEO factors into our sub pages through navigation, file structure and file naming.

How To Snowball Your Profits With Time

You heard about some guy who achieved success overnight? Yes, he took many years to get there! When it comes to online profits, there is no such thing as overnight success.

Either you have a lot of prior experience or you tried and failed so many times then you finally succeed.

Right now, we shall discuss about how it is also possible that you can also snowball your profits over time. See it as compounding interest in your bank, only much faster!

Seed – Time – Harvest

This is definitely true for any kind of business. You do need to plan the seeds, take some time for growth before you reap your harvest. Enough of my long introduction, here is how you can start to snowball your profits by building your success just like compounding interest.

Traffic + Conversion = Profits

PPC Traffic Optimization

Since everyone wants more traffic, this is what I will cover first! Optimize your pay per click traffic so that you can get more targeted traffic from your efforts. First you want to optimize your click through rates to ensure that you get the most out of your ads.