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Online marketingMicro Entrepreneurs Need to Master Online MarketingCopyright 2006 by Janis Pettit When we hear or read about going global, we often think of medium to large companies that have the right products and financial resources to either export, set up factories in foreign countries, or hire salespeople or outsourced workers overseas. As “micro entrepreneurs” who own small businesses with 0 to 10 employees, we may not think globalization has much to offer us. We don't equate the power of our websites and internet marketing with going global. If that’s how you're thinking, you’re missing a golden opportunity.. Although you may not be set up to export large quantities of products, you can export knowledge. No matter what business you’re in, you undoubtedly have some level of expertise that’s of interest to others. And the internet is the tool you can use to sell that expertise to a global market through savvy online marketing. When I started my small business growth consulting and business coaching practice, the internet was just catching on as a business tool. Now of course, it’s indispensable. Although my practice is still largely focused on the Triangle, I have clients and subscribers from all over the US and the world, especially the UK, New Zealand and Australia. Technology has allowed me to go global. Yet so many small business owners or solo entrepreneurs I work with hadn’t even begun to utilize this untapped market. We wear so many different hats and get so bogged down sometimes with daily operations, that we fail to “see the forest for the trees”. Tactical concerns eclipse strategy and what I call “multiple streams of income planning” never gets off the ground. I could write a book on all the ways you can take your small business global through your website and the internet, but let’s start with just a few suggestions for what you could market globally:
E-bay auctions or online stores Joint ventures with other complimentary businesses who have a large database of hungry customers who would love your product or service. Pay a great per sale commission, do all the legwork and benefit from your JV partner’s huge database. I’ve done several of these and they can be a great profit generator. Plus, many of your JV partner’s customers who buy your product, will end up on your mailing list as well. You don’t have to be a savvy internet marketer or webmaster to learn how to create a global market for your business and achieve online success. Much of the set-up can be outsourced once you master the basic skills you'll need and you understand how to achieve your online goals. Even if you sell a service that relies on a local clientele, like for example, interior design, personal training, real estate, or staffing, there’s a way to add a global component and a new income stream to your business. Make it a priority this year to aggressively pursue globalization through online marketing and you’ll be very happy with the bottom line results for your small business.
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