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Market Research: Give Your Customers What They Want

When it comes to successful marketing, the biggest problem I see beginners making is focusing on WHAT they are going to sell. Sadly, this is generally a recipe for failure. And the bad part is, this is what makes the most sense. As the quote goes, “build a better mousetrap and the world will beat a path to your door.”

In some instances, this may be true. Some of the greatest inventions of our time were new ideas. From the combustible engine to the IPAD, there weren’t people asking for these things. If you asked someone what they wanted before the invention of the automobile, they wouldn’t say a “moving vehicle”… they’d want a faster horse because that’s all they knew.

So, there is a time and place for stretching your customer and changing the paradigm of their thinking. But, in general, you need to focus not on what your customer NEEDS… but instead on what they want.

Here’s the truth about marketing/psychology/life in general:

People don’t go after what they NEED… they go after what they WANT.

Sure, we buy things we need. Like toilet paper, tooth paste, and mouth wash. (At least I hope we all buy those things! ;) But, most of these type products are bought based on price… not status. These types of businesses are “commodity based” models where ultimately competitors get into a bidding war and drive the profits margins down to 2 or 3%.

So, unless you want to sell basic “need” items for peanut profit margins – what else can you do?

The answer is easy…

Sell people what they WANT!

This is a terrible example, but unfortunately I’m going to use it. Have you ever had the displeasure of living with someone or knowing someone who was addicted to hardcore drugs? They would rather buy drugs than take care of their family, they’d steal from you just to get their next fix.

Reason is thrown out the window – they are focused only on one thing – what they want.

Now, I’m not saying you should go and sell drugs by any means!! ;)

What I’m saying is this.

Instead of starting with WHAT you are going to sell… instead focus on WHO you are going to sell to. This makes life a whole lot easier. Take a look at what is already working, at what people are already buying. Then – sell that.

I know it’s not sexy or glamorous and it can be more exciting to dream up the next IPAD… but trust me, it’s pretty exciting when you see sales popping everyday in your bank account.

So, that’s where you need to start at. Decide what people want by doing proper Market Research. Use the Google Keyword Tool (google that term to find it) and you can see if people are already searching for your idea. And if they are, BAM – you’re onto something.

Best Internet Marketing Guru

So many people look for the best internet marketing guru to help them start or grow their internet business. But the truth is, you don’t need a guru to get you there.

What you really need is someone you can model after, someone who already has done what you want to do. I hate to break it to you, but 90% of the marketing  emails I get, more than 95% of the products I see being promoted, and 99% of the information being tauted as the latest and greatest internet marketing breakthrough is little more than HYPE.

I know you may have come to this article because you’re looking for the best internet marketing guru. And I’m gonna tell you who that is, in just one second…but first, let’s talk about…

Why You Don’t Need An Internet Marketing Guru

It’s true. You don’t need a guru to “show you the way.” Like I said earlier, you need someone to show you the ropes. A mentor, really. I get asked to mentor people all the time, and the truth is I would LOVE to. But I don’t have the time. At least, now at this moment. Someday, when I’ve officially “retired” from some of my businesses I may try to take on clients, but right now it’s just not possible.

And you’ll find that to be the case with most people who are having success. That’s why I tell people to be wary of someone who is ready and willing to jump on the phone with you at a a moments notice. Those people have a lot of time on their hands and probably aren’t very successful or they are just really awesome and are sacrificing time with their friends and family to spend with a stranger. Think about it.

So Who Is The Best Internet Marketing Guru?

Ok, so I get that you probably so this coming from a mile away, but YOU are the guru. Because you know yourself better than anyone else does. You know your strenghts, your weaknesses, what you are good at, etc. Now don’t get me wrong. I’m not saying you don’t need help and that you shouldn’t seek advice from qualified people.

You should… you really should.

But, don’t follow someone else blindly. You’ll never find success that way, just the latest and greatest “must-have” product.

Think about it.

And if you do want some help, and not a guru, I’ve setup a training system that gives you free emails, training, and cool stuff like that over a period of time. It’s all automated and delivered through email.

You can get it for free by using this cool little facebook button:

Download Your Free Training!

Just click on that then click “Allow Access” and after that you can choose to let your facebook friends know that you got some cool free stuff from me. That helps me get more visitors to my site, which is nice and you get the free stuff. :)

The Amazing Blog Switch

I’ve just made a discovery when it comes to opt-in rates and click through rates on my blog. This is part of my ongoing testing that I do to ensure my blog and internet marketing results are always up to par. I read a great report that talked about maximizing clicks on a website. It talked about how switching the sidebar from the Right side to the left side increases clicks across the board.

I was definitely interested in testing this out as I’ve pretty much always put my sidebar on the right hand side. I guess I did this because it was easier for my site visitor (or so I thought) and it LOOKS more appealing. But, ever the tester, I when in and made the change so my sidebar is now on the LEFT hand side!

So, here’s what I did. I sent out an email to my list of prior prospects and customers. And I pointed them over to my blog to read some free content. I actually sent them to read this if you’d also like to read it.

Anyway, let’s get to the details.

Previously, whenever I sent traffic directly to this blog my opt-in rate was paltry. My stats show a total of 130 people signed up for my blog email list over the period of the last 3 months. I haven’t been actively marketing this blog like I should be. However, once I made the change and put the sidebar on the left hand side, in just 2 days I got 48 new signups to my blog newsletter.

This was out of a total of 237 visitors across those 2 days. You can see that my opt-in rate was an awesome 20.2%. Keep in mind these people were already on one of my lists and they are signing up for another list of mine, so my number will be a little higher than if it was just general traffic. But I’ve sent my list here before and never got more than 5-10 of them to opt-in in a given day.

Look At How Switching The Sidebar Effects Click Through Rate On My Banner Ads

If just the opt-in rate increases I would have been thrilled with my discovery. But I got a lot more than that. Previously, on any given day I would get between 1-3 clicks on my various ads as long as they were in the right sidebar. After making the switch (and sending some traffic) I instantly saw my CTR JUMP on almost all my ads.

Ads that had NEVER been clicked before were suddenly being clicked. My top ad was getting 10-20 clicks a day from just 100 visitors. That led to a squeeze page and my opt-in rate on that page was near 60%.

So, after this test which side of the blog do you think my sidebar is gonna be on? Easy answer. The LEFT SIDE!

Why Is The Left Side Of The Blog So Much More Responsive Than The Right Sidebar

My most basic observation is a simple one. In the English language, we read from LEFT to RIGHT. So, the eye sees the opt-in form and all the ads a lot easier when they are pushed to the left. When my sidebar was on the right hand side, the human eye could sort of just block it out. Now, you can’t help but see all the banner ads and opt-in box.

Even I look at my ads now more than I did. And at the end of the day it’s all about views. More views equals more clicks. So, if you’re looking to spice up your blog (and make some more money) maybe it’s time you made the switch.