This post was writtena dn sent to me by a good friend and very successful Internet business person! Thanks to Cindy McAasey for the valuable information!
If you believe that conventional marketing tools and techniques have lost their powerful punch, then you might consider other effective options such as information marketing techniques. It develops trust and confidence with your target market by using the idea of 'giving' rather than 'getting'.
Information marketing is all about sharing valuable information (content) with your prospective customers, something that can be done in many different ways such as sharing email newsletters, MP3 recordings, youtube videos, articles, and ebooks.
The benefits of this type of "education" are endless.. it really depends how well you design and distribute your marketing materials. If you do it well enough, you start noticing some of these benefits:
Get the respect of prospective customers:
It is natural to be drawn to people who want to help you ... you accomplish this by giving what people are looking for. When you share valuable information on topics that your customers find interesting, you instantly create goodwill and respect, which in turn automatically increases your chances they will become regular customers. Just as the farmer plants the seeds watches them grow then harvests the crops, basically you too are sowing seeds then letting nature take it's own course.
Developing feelings of trust and confidence:
Most people won't trust a stranger on the street, but will trust their roommate. Well, the logic in this statement is exactly why information marketing is an effective marketing strategy. When you share information on a regular basis, your prospective customers develop a feeling of trust and confidence. This contributes to removing skepticism that they could have had about you, your website, and the offered products and services. To put it simply, your potential customers will not hesitate to do business with you if you are successful in developing the right feelings of trust and confidence.
Increasing income by reducing costs:
Since information can be used over and over again with only a few minor changes in between, it saves you time and time is money in your own business. It will continue to augment your income, even when you might be busy with other commitments.
Carving your own niche in the market:
If you tirelessly continue to share information with your prospective customers, you will soon be able to create a niche for yourself in the market, something that will place you and your business in a better position to compete successfully with other businesses.
If you are still on the fence with this marketing strategy.. just try it out and see for yourself. If you don't feel you have the knowledge to produce your own materials yet... then it's time for you to educate yourself first. In the wonderful internet world the education materials are waiting for you, but you must take action and take advantage of people willing to educate you or hire someone to create the materials for you.