Tag: home business. online marketing

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How to Make Money Starting an Amazon Private Label Products Business

In 2020, over half of the private-label sellers using Amazon FBA earned five thousand dollars or more in sales each month. In fact, this business model is so successful that roughly seventy-one percent of sellers on Amazon use private label products. A manufacturer creates private label products that allow you to put your own logo on them and then sell it to your audience for a profit. With this method, the products you can create are endless, from beauty products to pet treats to kitchen utensils and more. If there is a product you want to sell, a private label manufacturer is waiting to make it.

 

These five important tips to follow to grow a profitable Amazon private label products business will expand your understanding and get you started right.

 

Source the Right Product

Don’t list the first private label product you find just because you think the product or idea is popular. You must first ask for samples to test the product’s quality and find the best version while keeping costs low. Private label products require purchasing large quantities of an item to lower the price per unit costs and increase your profit margins.

 

Design an Attractive Logo and Packaging

Just like any physical product on Amazon or in stores, you need attractive packaging to educate and entice people to purchase your products. In addition, sophisticated packaging and logo insinuate that your products are more valuable, thus allowing you to increase the price of your product.

 

Create an Amazon FBA Account and Optimize Your Amazon Listing

You can offer private label products without starting an Amazon FBA account. Once you open your account and verify your identity, you will start listing your products or registering for the Amazon brand registry that gives you even more control of your products. From there, you can start listing your products. Be sure to fill everything in as specified to the best of your ability, and don’t skip a box. The more information you provide, the easier buyers can find you.

 

Strive for More Reviews

It’s simple, the more reviews your product has, the higher you appear on buyers’ search feeds. Include inserts or automatic emails that go out once a purchase is made or delivered to ask for their review. Be sure to avoid exchanging reviews for free products or discounts as this is against Amazon’s terms of service.

 

Price Your Products Correctly but Competitively

Take a moment to research your competition on the platform and see what prices they are offering. Unless you have an obviously superior product with the information to back it up, don’t expect to exceed these prices too much. Remember, competition is healthy, and starting a price war is the last thing you want to do.

 

Finding valuable products is the first step to starting a profitable business. If you don’t offer the right product based on your ideal audience’s wants and needs, it won’t matter what you do after, as the product is the most important part of this business model.

 

 

 

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Essential Guide to Starting a Blogging Business

Did you know that in 2020 over four hundred million people viewed nearly twenty billion blog pages every month? What’s even better is that almost twenty-five percent of those who run a WordPress blog make a full-time living in the same year. These two facts show that creating a blog and turning it into a profitable or sustainable business is not completely out of reach.

Here are five tips to follow to grow a profitable blogging business:

 

Choose a Niche

While not a requirement, choosing a niche for your blog is the best way to turn your blog into a profitable business. This is because you can better perfect and target your audience when you don’t have too many topics to cover.

 

Develop or Invest in Quality Content

A blog is only as successful as the content it provides. If you just put up any blog post or re-share content others create without any unique twist or value, you won’t go anywhere. Successful blogs work because they know what content their audience needs or wants and delivers.

 

Be Interactive and Visual

While blogs are mostly written content, that does not mean you should avoid using pictures or infographics. Graphics add more creativity and interest to your post that keep your audience interested and engaged. Increasing audience engagement ensures your audience feels your offers are valuable.

 

Monetize Right Away

You don’t need to wait to start making money or develop ways to monetize your blog. In fact, monetization ideas should be created or at least thought of before you even purchase your domain or create your first blog. This way, you know the effort and time you put into your blog is a viable and profitable option. Waiting for your target audience to do the work for you won’t create the profits you need to be successful. Instead, you need to give the products to them.

4 Tips For Success In Home Business

Use Social Media and Email Marketing

The best way to promote your blog is through social media and email marketing. However, you can’t expect anyone to find you without a proper marketing strategy unless you create perfect SEO-rich content. Even then, relying on only SEO or keywords can be a slow and tedious process.

With these tips, you can grow the blogging business of your dreams. As long as you invest in the right content your target audience wants to read or consume, and use the right platforms for marketing your blog, you will be successful. Remember, blogging is not a get-rich-quick scheme. It takes dedication, passion, and consistency to deliver content your target audience wants to enjoy continually to grow your business.

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Essential Community Building Statistics to Know

If you want to grow a community or build one around your brand, you must know the facts. Statistics show that if you’re going to start a business, building a community around it is vital if you’re going to succeed. Fortunately, many consumers are looking for more information directly from the source to build relationships with honest and valuable brands. They seek trust and validity before they can make a purchase or commit to a brand.

 

The following are some essential community building statistics to know to further promote and grow your brand:

 

  • Nearly a 1/3 of Users Follow Brands Using Social Media – Because so many social media users and those who love being part of communities follow brands using social media, it tells you that if big brands are doing it, it can work for you too. So, you really don’t have to be Red Bull to benefit from building community.

 

  • Ninety Percent of Buyers Report Using Positive Online Reviews to Make Their Purchase Decisions – Reviews work according to buyers’ own words. They like reading positive reviews to help make their choice.

 

  • Almost Thirty Percent of Online Customers Report Using Brand Communities for Research – Many people who want to buy things feel more comfortable going to a community run by the brand to find out what customers are saying and get a sense of the integrity of the creator.

 

  • The Common Community Objectives Include: Customer retention, lower support costs, and innovation – People who create communities cite these reasons for spending a lot of effort developing engaging and informative safe communities for their customers and interested parties.

 

  • Only 40% of Small Businesses Compared to 75% of Large Corporations Build Communities – This is likely because it can be a lot of work to set it up and keep it running. However, with the advent of so many options, it’s getting a lot easier to do it.

 

  • Over 95% of Adult Smartphone Users are Using Social Media and Brand Groups – Because so many people in the USA (77%) have smartphones having a mobile-friendly community will pay off since most users love being involved in brand groups using their technology.

 

  • Almost 90% of Business Leaders State Community Building is Essential to Growth – The main reason for this is that it’s one more way to help lead your ideal customer through the buying journey successfully.

 

The fact is, online or brand communities are what sets you apart from your competition and can further solidify your chances of success. If you want increased awareness, recognition, and loyalty, then running a community is vital. Overall, these statistics prove the power and benefits online, or brand communities can provide to businesses.

 

A Comprehensive Social Media Influencer Checklist

 

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Questions to Answer to Build a Successful Brand Community

Taking the time to question your motives, inspirations, ideas, and goals is important to building a solid and successful business. Developing a brand community that benefits both you and its members is no exception to this fact either. It allows you to truly identify what you need to achieve your goals more efficiently. In addition, creating a solid plan of action ensures you build a strong and active brand community from the beginning.

 

The more you understand and work to improve before building your community, the more likely you will succeed. Online communities allow you to form better connections with your customers while giving them a sense of purpose. In addition, they increase your brand awareness, recognition, and trust as long as they start with the right foundation.

 

Here are five questions to answer and evaluate to build a successful brand community:

 

Question One: Why do you need to build a community, and how will it support your target audience?

 

Knowing what’s in it for your group is really important because that’s how you’ll sell the idea of joining your community to them. When you tell them why the community exists and exactly how it will support them, they’re going to be more likely to want to join because you’ve told them why.

 

Question Two: Where should you start and grow your community and why?

 

Knowing where your audience likes to get their information and which social media platforms they use most will help inform you about what type of community you need to build. For example, some audience members are more likely to join Facebook groups over joining a community on your website. It will depend on what your audience wants and needs.

 

Question Three: What kind of actions do you want your community to take and why?

 

What do you hope each member of your community does to make their lives better or solve their problems as part of your membership or group? As people join, it’s imperative that you tell them what to do next. Whether filling out their profile information, creating an introductory post, or answering a survey, letting them know what to do and why you want them to do it will ensure more do it.

 

Question Four: What products or resources do you need to form an engaging and active community?

 

Make a list of all the products, services, and resources you need to create the engaging community you want to create. For example, do you need to invest in a customer service bot, create a self-serve FAQ, or something else?

 

Question Five: What key performance metrics should you track to ensure you achieve your community goals?

 

There is much more to success than likes and even engagement if none of that leads to sales. Therefore, your metrics should include matching your actions with increased revenue, but you also want to study engagement.

 

Filling in these questions is essential to outline the initial framework of your online or brand community. Understanding your value and showing how you can match that value with the needs of your audience ensures you have the resources and understanding to build a successful community. The community only returns what you put in. Therefore, starting with the right framework and knowledge secures maximum returns.

 

 

Six Strategies for Successful Community Building

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Common Business Problems that Building a Community Can Solve

If you are struggling to build your business and looking for ways to improve, building an online or brand community may be the best solution. In fact, it is likely the tool you’ve needed all along.

 

The following are five common business problems building a community can solve:

 

Poor Return on Investment

 

While email lists, advertisements, and your blog are all fabulous ways to generate interest in your offers, there is nothing more effective than truly getting to know your customers more intimately. If your ROI is not what you want it to be, but your customers are otherwise satisfied, a brand community can help you fix that problem.

 

You can create the community free or for a fee. It’s up to you. It really does depend on your niche and your business model, but you can test out various ways to run your community. Once you have a captive audience that you can communicate with regularly, they will start buying more, and your ROI will improve.

 

Poor Cashflow and Intermittent Revenue

 

Whether you provide services or products, or you’re an affiliate with no products of your own, if you work within a particular niche, your income is likely not consistent if you have not built a community of avid and hungry buyers. Having a membership-based community, whether paid or free, can stabilize your cash flow like nothing else.

 

In your communities, you can offer them the first peek at new products and services, get more feedback, receive more customer reviews, and even get your members to become brand advocates and recommend you to others much easier than you can without having a community.

 

Poor Credibility, Trust, and Awareness

 

Communities humanize businesses, and once that happens, your audience will start trusting you more. The credibility that you end up with after creating more awareness through community building will jumpstart your creative juices and end up helping you become even better in the eyes of your customer base due to all the inside knowledge you’ll gain by being part of your community.

 

Poor Business Growth and Stagnation

 

If you have grown as far as you can with what you are doing, consider building a community. An active and engaged community can really boost your growth and end the stagnation you’re experiencing. Even if you haven’t sold a solitary product yet, building an active community will generate new revenue.

 

Finally, you can vastly improve your customer service by setting up an active and involved community. Not only will your members offer each other community peer-to-peer support, but you’ll also be much more in tune with what is going right and wrong and learn better ways to help your members in the way they desire.

 

 

Four Ways Community Building Improves Customer Service

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Three Important Brand Community Practices to Follow

A strong brand community increases your reach, business revenue, and loyalty. However, to achieve these benefits, you must nurture, support, and commit to providing value to it. Only when you do the right work for a community can you expect anything positive in return – adopting the common practices that many find success in can get you started in the right direction.

 

Here are three important brand community practices to follow for increased member satisfaction and success:

 

Listen to and Engage with Your Target Audience

 

Everything you do in your business is about ensuring you’re reaching your ideal audience. The only way to be sure is to actually listen to and engage with your members in a deep way that ensures you find out the information you need to help them most.

 

While you can outsource to a community manager VA to get help with your community, you are the one who needs to show up occasionally to engage with the target audience because it will make them feel like VIPs that you take the time to be with them.

 

Address the Needs of Your Audience

 

Once you realize what your audience really needs, it’s time to address those needs with your messaging, education, products, and services. Everything you do is designed to provide solutions to your audience to help them solve their problems as easily as possible.

 

Use analytics, surveys, questionaries, freebies, engagement, contests, and more to determine what gets your audience’s attention based on the information and data you collect. The data you collect will inform you what their needs are and help create amazing content for them.

 

Choose the Right Platform or Community Structure

 

Today, community-building platforms are ubiquitous. Because of this, you can choose your perfect community to help you promote your business to a captive and interested audience. It really just depends on your own criteria. Do you want a message board that can be threaded? Do you have concerns regarding using the technology? Do you want to allow your members to make in-platform purchases? Do you want the ability to accept uploads or provide downloads? Whatever it is that you need to deliver to your audience is out there.

 

Write down what you need in a community, and then compare your needs to what’s available. You can always start easy with a Facebook Group, but there are many other options. Don’t assume all the different options are too expensive. Facebook may be free for you to use, but there are compromises to using anything free, just like there are compromises to be made even if you pay for a platform.

 

Many brands can get a community started easily; however, keeping it organized, engaged, and beneficial to your core audience is where many fall through. Not following or incorporating these top three community practices will only lead you down one road: failure. Adopt them today to build the brand community you want to achieve all your goals and more.

 

 

Community Engagement is Key to Growing Your Business

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Building Trust Within Your Community Is Vital

The secret to creating more revenue, attracting more customers, and creating high brand recognition starts with trust. Showing your customers by your actions that they can trust you and that you will be there to support them is how you grow loyal advocates for your brand. The brand advocates then do a lot of the marketing work by sharing your content and making purchases.

 

When consumers believe in your brand, product, or services, they are more likely to share them with others. Without trust, you simply won’t have customers or a community. In fact, a 2019 Edelman Trust Barometer Report states that 81% of consumers reported trust as their main contributor to making a purchase. Thus, showing you just how important trust is to your success as a company.

 

The following are five ways to build trust within your community to grow your business successfully:

 

Offer Superior Customer Support

 

First and most importantly, your customers or community members must come first. Your support should be as consumer-centric as you can make it. Use the technology at your fingertips by using automated systems like FAQs, Bots, and files with information to help your audience and members feel supported. If your community is very large and active and you’re spending more than 30 minutes a day on customer care, it’s time to hire a customer service, virtual assistant.

 

Share and Encourage User-Generated Content

 

One of the advantages of having a community is all the user-generated content created. You can use a lot of this content in numerous ways, from creating a new blog post answering someone’s question, compiling your members’ answers to questions into a blog post, and even creating a joint book that you can publish on Kindle. It’s really up to you and your imagination to accomplish all the user-generated content you will cause to be created.

 

Ask for Honest Public Reviews

 

Use your community as a way to get genuine and honest feedback. If you seem open to criticism, your community who already loves you will be happy to assist you with making your community and products and services better. You just have to ask and listen.

 

Show Behind-The-Scenes Content

 

This is a fantastic way to get closer to your members and make them feel like true VIPs. Bring them behind the scenes and show them what you do daily. Even if they never want to do it themselves, people love this humanizing content as it brings them much closer to you on a human level.

 

Keep Your Branding Consistent

 

Remember that within your communities, your branding should be very consistent and noticeable. Whether you’re on Facebook or YouTube or your own coded message board community, your audience needs to realize it’s your brand without much thought due to your strong and consistent branding efforts. Your messaging, imaging, and content all need to have the same message regardless of where it is published.

 

Overall, there are several ways you can establish trust within your community. Listening, supporting, and guiding them to success is the only way to establish it. In other words, putting your customers first and making sure they are successful will lead you to success as well. Building trust shouldn’t be hard if you have good products that truly solve your target audience’s problem.

 

How Community Member-To-Member Engagement Grows Your Business

 

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Communities Foster Customer Success: Here’s How

Building a community around your brand may sound like a personal choice and more valuable to your business than your customers. However, it is quite the opposite. Your community allows your customers or members to be more successful in many different ways.

 

Well-run communities are packed full of valuable information and engagement to enable your members to feel more important and empowered. In addition, maintaining their loyalty is easier in a community as you can provide both traditional and self-serve support — meaning you no longer need to rely on normal business hours to value your customers.

 

Here are five ways communities foster customer success:

 

You Provide High-Quality Relevant Content

 

By using your communities as a distribution platform for your most relevant and high-quality content, you’ll be keeping your customers engaged every single day and, more importantly, twenty-four hours a day by giving them access to the vital information they need to solve their problems.

 

You and Members Build Strong Human Connections and Relationships

 

The exchanges with your members and the interactions members have together build strong connections and even develop relationships outside of your membership, forum, or group. When your members become attached to everyone else in the group, you truly will build brand advocates who will tell others about your community.

 

You Can Develop Improved Products and Services

 

By hanging out with your ideal customers, you will receive the most amazing insight into what they really need. When you see problems that they talk about, it will generate more ideas. Make it simple for your members to ask questions, comment, and discuss all the issues relating to why your community exists, and soon you’ll have a never-ending supply of product and service ideas.

 

You Can Provide (and receive) Inspiration and Empowerment

 

Having a captive audience via a forum, group, and community is one of the most powerful ways to provide your ideal audience inspiration and to empower them with the knowledge they need to use your products and services (or the ones you recommend) to create the life they want based on your particular niche.

 

They Receive Daily Communication and Motivating Interaction

 

Finding a way to stay at the top of your audience’s mind is another reason community building is effective. When your members receive daily communication from you that encourages them to act on their goals and dreams and to brag about it or ask questions about it within your community, it’s very motivating to everyone.

 

When it comes down to it, brand communities support your customers more while also taking your business to the next level. The improved customer support, daily interactions, and communication through publishing unique and useful content drive your customers to success. What is even more important is that communities prevent you from ignoring your customers. The more you listen and prove that you are hearing, the more successful your business will be. Likewise, the more successful your customers are, the more successful you are.

 

 

How Community Member-To-Member Engagement Grows Your Business

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How Communities Promote Lead Generation

Did you know that brand communities pull nearly seventy percent of traffic from search engines? In other words, communities due to SEO attract larger audiences from the search engines as they have the power to reach more customers and provide more value than other resources.

 

As time goes on and you share more content or encourage your members to interact, developing user-generated content, you increase the keywords or data you need for search engines to find you and your business.

 

Not only that, but people also thrive in communities—people like feeling connected to others. Even self-professed introverts are online and participating in online communities. When you have a wider reach and get more members, you are also more likely to easily sell more products with the generated social proof — which is exactly what online or brand communities provide. So, the wider your reach, the more engaged your communities, the more you can grow.

 

Here are five ways online or brand communities promote lead generation:

 

Superior Quality Content

 

The content generated in your communities will naturally be more relevant than anything you can produce on your own. Even if you are a member of your own ideal customer base, there will always be things that you’re just not going to know to ask. Having a community will reveal inside information from your group members about what type of content they want to consume. Hint: Once you have this information, you can use it to generate content outside of your community too.

 

Word-Of-Mouth Marketing

 

We keep mentioning word-of-mouth marketing because it’s imperative that you understand how important this is. It’s a big deal to know that you can speak to your customer directly, and they are essentially holding you in the palm of their hand.

 

They may even read your group content while taking care of their personal business, waiting on kids, or even while drinking coffee. As a result, they feel relaxed and can engage when they want to on their time which makes them feel good about you, so good they tell others about you.

 

Insights and Analytics

Home Office Automation Tips

You know that everything is about data today. All the choices you make in your business, and your life, are affected by the information you collect and the data you generate. Just reading this, you are generating data because your IP address is almost always recorded when you go to someone’s website to read it. Likewise, you will know when your audience members read your content and even where they go next, and if they leave a comment, you will learn even more.

 

This information can help you develop sales material, new products, more services and give you ideas about problems and solutions that your audience needs.

 

Feedback and Reviews

 

For some reason, group members are much more likely to provide feedback and product reviews than people who buy the same thing but never interact with the community. If you want more feedback and reviews, hosting a community is a sure-fire way to make it happen. When you get this feedback and the reviews, it’s on you to use them to improve.

 

Member-To-Member Engagement and Interaction

 

Watching your members interact and engage with each other is also a really big deal. In the old days, you might have to form a focus group, but in these modern times, all you need is to create a vibrant and active community to find out what your members think of your products and services.

 

As you can see, communities are attractive to consumers. They provide the social proof and trust they need to join your community and potentially increase your revenue. In other words, the larger and more engaged the community is, the easier it will be to find people to market to. So, if you want the potential of endless leads, starting a brand community should be at the top of your priority list.

 

 

 

 

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Community Building Equals High Return on Investment

According to the stats, it only takes most membership communities and groups about four months to break even on the initial investment when starting and running an online brand community for business.

 

In addition, a 2014 online communities benchmark report found that nearly two-thirds of companies manage some form of an online community, and the bigger your company is, the more likely you are to have one. However, don’t let that intimidate you. Bigger isn’t always better.

 

These communities are used to test and improve their products to serve their target audience better. Thus, allowing the business to save more money as they take fewer risks due to the helpful information they get from their communities.

 

The brands focusing most of their effort on their communities can see an average return on investment of 6,459% — showing you just how important community building is for business.

 

Building a community for your brand provides a high return on investment due to the following reasons:

 

  • Low Acquisition Costs – The technology that exists today to build your community is available for free. You can also use paid solutions if you prefer or want to overcome any restrictions other branded platforms have inexpensively. You can use Facebook Groups to get started. Once your community is large enough or you’ve tested the concept enough, you can then build a community using any number of platforms, from plugins to your shopping cart software to full-fledged active social networks using software like Mighty Networks.

 

  • High Engagement Potential – When you are running your own community, you are in charge of the tone, the engagement, and the mood. The noise created by outsiders will be eliminated so that you can focus on the best engagement possible with each member.

 

  • Quality Content Ideas Generated – Once your group gets moving and people get to talking, you’re going to find so many quality content ideas just in the comments and discussions of your group members. Customers will tell you what they need from you if you just ask them and listen to the answers.

 

  • Brand Loyalty and Retention Increases – When your members see you interact with others in the group, even if it is just printed on a computer or smartphone screen, the immediacy and personal responses you give will make them stick to you like glue. Since it’s easier to keep a customer than getting a new one, this is golden.

 

  • Increase Marketing Potential – Sharing your content and products within these communities provides another space to put your information into the hands of the people who need it but in a more captive way. You only have to promote the community and not each individual product if you don’t want to when using this method.

 

Overall, starting a community around your brand is likely to produce your best return on investment. The low acquisition costs and high engagement created work together to make it happen. You gain so much insight into your customer that you can develop amazing products and solutions for them. The more you get involved and keep your community members engaged, the more value you provide, the more you will increase your return on investment.