5 online marketing habits you MUST pick up now!
Thinking about launching a business online? Or wondering why is your online business not making any progress? You may have the skill and knowledge about the multi-facet online marketing world. However, along with the journey, you realized your business has become stagnant, not bringing you any income or making some losses. You might start to questioning yourself like why does this happen when you have done everything you should do and mastered them properly. After reading this article, you will find out that it is not about what you have done. It is the things that you have not do.
- Master your analyzing skill
In this speedy growth of technology world, seeing a wide variety of business trying or already have established themselves online is a norm. However, not all of them are doing well either as survey shows an 80% failure of online business. So, what to do? Try analyzing your business layer by layer until you see the core problem. Is it because of: No actual investment? Lack of commitment? Or without a practical business plan? - Learn about your competitors
Next, study your competitors as they are also doing the same thing as you. So, there is really no wrong by googling them in order to learn about their business model and strategies. Make them as your reference and adjust their strategies as you want so that you can apply them into your own online business. Apart from that, you can also browse through the news to see if your competitors are up to something big because by doing that, you can come up with all sorts of plans. - Expand your comfort zone day by day
One thing you should know as an entrepreneur is that – You can not make an impact within your comfort zone. Your comfort zone is a feeling of scared of trying something new, resulting in you playing safe all the time. So, while everyone is striving to improve their business with all sorts of new, interesting methods, you are still in your ‘zone’ applying the same old strategies. Does that sound okay to you? If no, then why not take a step out of your comfort zone today and embrace new business strategies. Also bear in mind, that it is okay to make mistakes but always remember to learn from them and improve. - Planning and executing
Setting goals or agenda alone is not enough as you need a practical plan and effective execution to achieve what you desire. A plan is a map to bring you to your destination, without a map you will not even know where to go and you’ll ended up lost. Other than that, execution is also as important as your plans. Without execution, you might as well toss all the efforts you spent on setting your goals and mapping out your plans out to the window or do nothing at all in the first place. So start planning now, and don’t delay in executing it! - Learn to be penny-wise
Having a big budget does not cut it if you are a big spender. So, finding ways to save cost while maintaining the quality would be the best idea – as the more money you save, the more money you can keep. The principal is as easy as it sounds. Ask yourself questions like ‘Can I get this materials cheaper elsewhere?’ or ‘Is this investment really necessary?’ before you splurge on something you want to spend for your business. So, as you ask these questions, your brain will work out solution or ideas to fulfill what you have asked, which eventually, will becomes a good business habit for you!