Tuesday, January 6, 2009

Profit Seekers Network

Internet Marketing News

How the Emperor of China rewarded the inventor of chess, with ever-doubling piles of rice grains for each square on the board, is one of the most famous ways of describing exponential power; but ancient as that story is, the phenomenon of exponential growth has been going on all around us since the Stone Age.

With an article in 2001, Raymond Kurzweil recognized that “…the emergence of the first technology creating species resulted in the new evolutionary process of technology. Therefore, technological evolution is an outgrowth of–and a continuation of–biological evolution.”

The article went on to explain The Law of Accelerating Returns, which simplifies the understanding of such phenomenon as Moore’s Law and demonstrates why there is such massive technological movement currently.

So for anyone establishing a business online, Kurzweil is essential reading. However, as important, is selecting the correct Internet business home-study course.

The Internet is still such a new medium for business, that our ways and means of using it will change continuously for some time to come. Therefore, what may have worked for people even six months ago could be out-of-date now.

Yet one thing remains prominent. It is a characterisitic of all successful web businesses: A targeted, and self-propelling list of prospects which grows exponentially.

Of utmost importance therefore is careful consideration of which listbuilding software will work most effectively for your online presence.

Get it right, and you could be relaxing on the beach while your business grows automatically. Get it wrong and you could be chained to your desk.

It really is an important decision. It is one which should be investigated thoroughly. Running an online business should be the most time-freeing things you do. It should give you more time with your family, to travel and to relax. But only if you have a true automatic online company, can it be so.

The reason the Internet provides us with such an amazing opportunity for growing businesses quickly is because word-of-mouth marketing, as we used to call it offline, is the much more powerful viral marketing online. And viral marketing is a great deal quicker and more precise than good old Chinese Whispers.

Lets look at a comparason…

If you want to refer someone to that restaurant you had such a good meal in last night, you will need to give them the name of it and the exact location or telephone number for them to have what they need to make a reservation.

There are numerous ways it might not work therefore.

On the other hand, when you are issued with an affiliate link from someone to go and check out a site, it arrives by email, Twitter, message chat or perhaps in a blog-post. Then, because it is a digital link, it can not be typed incorrectly or mislayed. It will remain unchanged. And when you click on that link, you will be taken to precisely the page your referrer intended you to go to.

Viral marketing is so important that I often say, If you are not using viral marketing to grow your business online, then you might as well be off-line.

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1 Response

  1. Choose The Right Web-based Listbuilding Software And Internet … | Legal Webmastering Said,

    [...] from:Choose The Right Web-based Listbuilding Software And cyberspace … Posted in Online Business on Nov 21st, 2008, 7:46 [...]

    Posted on November 21st, 2008 at 9:49 pm

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