Make Money, E-commerce and Credit Card Processing Information |
|
|||
Complementary-Relational Linking and How It Could Save Your Internet Business
The concept of linking is that sites with common interests should link to drive more traffic to each other's businesses and to increase their "popularity." Search engines, such as Google, give much higher ranking to sites with high popularity. They feel that when many sites are linking to yours, it's a sign of ranking value. The standard linking philosophy of most websites is to have a "links page" that piles all the link partners into one common pool, without any indexing. That type of link will only help you with SE ranking but not sales. Next up the ladder is the links page that's indexed, making your website easier to find. A much better solution if you must have a links page. Of course, the best link in the world is when your partner puts you on his home page. I tell you, it's enough to make any Net Marketer go into involuntary spasms! However, the chances of that scenario are slim to none! That's not to say there isn't a middle ground between the above strategies. There is a better option: Complementary/relational linking! As an example: Let's say your website sells only pencils and you link up with a partner that sells paper; that's complementary! Relational linking then assigns a merit value to all the linking proposals, using these facts: Page ranking: Is it more or less equal? Search Engine Ranking: Do both partners have good positions? Traffic: Is the traffic swap equal? As can be seen, some of the above quantities are interchangeable but shouldn't get in the way of judging the merit value of each offer. Depending on each circumstance, the varied partners will have a merit value that will give them more or less prominence on your website. The ideal circumstance is when you find a linking partner with the complementary/relational approach built into his sales program and the layout structure of his website. Meaning: Location, location, location! Without the above approach, many possibilities to garner extra income from your Net venture will not take flight! The above paragraph should have even more meaning when you consider the fast-approaching age of general broadband use. It is coming sooner than what anybody imagines; spelling out the end of many text only websites. For all good reasons you should strive to create complementary/relational linking with as many partners as merited. Build your website to give them as much exposure as you can. All the bells and whistles! Provide ample space and graphics for them, trade full page articles and resources! Very important: Have them do the same for your business! In closing I will exhort you to embrace multimedia and the broadband revolution as a principle of self preservation. The folks that take all their resources and put them in a text only links page, will suffer the twists and turns of the not-so-kind near future! Francisco Aloy, the author of "Yes, I Want to Start My Internet Business Without Being SCAMMED!." Has an online business catering to the needs of the Newbie Net Entrepreneur. Visit his site to see more of Mr. Aloy's articles. http://www.newbie-business-guide.com (C)2004 Francisco Aloy
|
RELATED ARTICLES
Leading eCommerce Consultant Admits You Should Only Listen to One Real Expert! (And its not him!) Let me share with you a secret that most marketing experts and consultants don't want you to know? (many of them don't even understand this secret themselves.) How to Gain Your Visitors Trust If you are serious about selling on the world wide web and being successful, your number one priority must be gaining your visitor's trust. Without trust you won't sale much and that's really being optimistic. How do visitors know that they can trust a web site enough to buy? In this article I'll show how to gain the trust of your visitors. Online Credit Card Processing - How to Accept Credit Cards - Ecommerce 101 Back in 1998 (through 2000 or so), I worked for a small company (called PaymentNet / then Signio) that handled online transactions. Verisign later purchased this company, and the product team I led integrated the "client" - the portion that took the credit card information and sent it to our servers for processing. The product name is Payflow Pro - maybe you've heard of it? Delivering Information Products Through Paypal Automatically Paypal is one of the wonders of the web. Never has it been easier for individuals or small business to receive payments though the web & to be able to accept payment though debit or credit cards without having to own a merchant account. You can have a paypal account setup within minutes & accept payment straight away. 12 Powerful Ways To Use Autoresponders That Will Take YOU To The Top If only I had known that autoresponders are a necessity to your online business when I first ventured online, I would have saved a lot of time and money. You have to automate in as many areas as possible and if used responsibly, autoresponders can be your best friend. Shopping Cart Abandonment ? Discover 5 Things you can do to Lower Cart Abandonment A common frustration among merchants who sell online via a shopping cart is the percentage of people who abandon their cart and leave the site never to return. This is known as the shopping cart abandonment rate. It is not unheard of for companies to experience as high as a 99% abandonment rate. Getting the abandonment rate under control can go a long way towards increasing the income your company earns from their online venture. How Measuring Key Performance Indicators Can Improve E-Commerce Strategy - Part Two Why time spent on your site is important Distinguishing Features of E-Commerce E-commerce offers customers the chance to eliminate many stages in the sales/distribution chain. The mark-ups that occur between manufacturers, wholesalers, distributors, retailers and consumers can add the cost of goods purchased by consumers. In contrast, when consumers deal directly with manufacturers on the internet, the process whereby intermediaries between the manufacturer and the final consumer are eliminated from the supply chain is known as "disintermediation". Intranet Portals ? Search and Taxonomies Knowledge Management for beginners Why Ecommerce is Not Ready for My Daughter or Me As the mother of a teenage clothing fanatic I'm often at my local mall. It occurred to me that the shopping experience for my daughter is attractive to her not because she wants to spend my money, but because the experience of buying itself is so rich to the senses. Excuse Me, Are You Wasting Traffic? The largest cost and concern of an internet business is customer acquisition; traffic. Both quantity and quality of traffic directly determines the succes of an internet business. By the fundamental nature of traffic to an online business,one cannot afford to waste it. The Top 10 E-Commerce Ways to Follow up with Clients - Part 1 Did you know that 80% of all sales are made after the 5th contact? Online Shopping: Legal Challenges for Taxing Authorities E-commerce offers customers the chance to eliminate many stages in the sales/distribution chain. The mark-ups that occur between manufacturers, wholesalers, distributors, retailers and consumers can add the cost of goods purchased by consumers. In contrast, when consumers deal directly with manufacturers on the internet, the process whereby intermediaries between the manufacturer and the final consumer are eliminated from the supply chain is known as "disintermediation". Are You Making These E-Commerce Excuses? (part 1) A year ago, I had big plans to re-vamp my web site. I was going to publish my e-newsletter twice a month ? every month, and I was going to upgrade my own e-commerce capabilities. Those were my Internet marketing "resolutions" for 2004. Online Florists - Send Flowers Online When Youre In a Hurry You did it again, didn't you? Forgot until the last minute that birthday, anniversary, graduation, promotion, or fill-in-the-blank-here. No fear, online florists are here. No longer do you have to work in that lunch time stop at the florist shop. Now customized flowers are just a hop, skip, and click away. With the added bonus of being in an international market, most of these online florists offer same day delivery to cover up even the most forgetful patrons. Top Ten Qualities to Look for in an Online Pharmacy As you may have noted, there are thousands or even hundreds of thousands of websites selling pharmaceutical products or drugs. These are called ONLINE PHARMACIES or PHARMACIES ONLINE. Prompt Delivery Rules ? Internet Product Sales The Internet is the fastest growing source of mail order sales. The explosive growth in the goods and services sold online has in the past taken many online sellers by surprise: demand has outpaced supply, depleting inventories and disappointing customers. This can lead to serious problems with the FTC. Guide To Safe Online Shopping Online shopping can be a little frightening to people who are new to the internet,but as long as you follow a few easy rules you should have no problem shopping online. Online Customer Service - The Cornerstone of a Successful Online Business Online customer service is still one of the most frequently overlooked aspects of running a successful online business. Yet, in the highly competitive world of Internet business, it could be (and should be) the one thing that sets you apart from your competition! 7 Key Steps To Reduce Refunds and Chargebacks One sure-fire way to loosing out big time on your business profits is from incidences of excessive refunds and chargeback requests. If the number is high in any period you could risk loosing your third party merchant account altogether. So what do you do when there are some who will request a refund within 15 minutes of purchasing your product? Or even more pettier are those who will wait until the last possible moment to request a refund. Well not all is lost because merchant account providers are very well informed as to the credit card numbers of persistent refund and chargeback claimants. Just like their list of fraudulent credit card users, stolen credit cards etc they have a database of what I call "Refund Junkies". There appears to be no end to the unethical tactics some people will use to get your product for free.Use the following tips to further safeguard against refunds and expensive chargeback costs. The good news is that refunds are easy to process and do not carry any additional fees. However as a merchant you want to ensure that refunds are kept to a minimum.1. Clearly State the Billing NameFirst and foremost state the name of your third party credit card processor on your sales pages and include them in your terms and follow up email receipts so that customers are fully aware of what company name will appear on their billing statements. This will reduce the number of customers who do not recognize the billing name on their statements from contacting their credit card issuers for a chargeback. This one factor can lead to an unprecedented number of chargebacks claims.2. Provide Your Customer Support DetailsProvide your email address so that customers can contact you regarding any queries about their order. Make sure that you answer them in a timely manner to avoid unnecessary delays. If a customer is not responded to promptly they are very likely to make a refund request.3. Offer Lifetime UpdatesOffering your customers lifetime updates to your product and services to add value and will encourage them to remain customers in the knowledge that they will always receive your most current edition of your goods.4. Reward Loyal Customers With Exclusive PrivilegesOffer your customers a product that can be used freely as long as they are fully paid members, as part of a membership site. Or use a tool which is only available to customers and cannot be accessed after a refund request is made. As long as your offer is valuable to your customers and members you are will substantially reduce the number of refund requests.5. Provide The Best GuaranteeYour guarantee could become a thorn in your side if you have a very short time span before customers can test out and use your product. But studies show that the longer the guarantee period the less refund requests are made because customers are more comfortable with their rights to cancel if the product or service does not meet their needs.This is at your discretion as a merchant so testing is important to work out what is best for you. Remember to take into account that some third party processors have a limit on the maximum refund time their merchants can issue to customers.6. Accurate Product DescriptionsAvoid making bold claims that are "too good to be true" if you cannot deliver the results. You could be setting yourself up for a big fall and your customers will request refunds if your product description does not fulfill their needs. You could also be breaking the law and be liable to charges if a law suit is brought against your company. Make sure your sale letter accurately reflects your goods for sale and highlight the TRUE benefits of owning the goods.7. Surprise BonusesIt is a great surprise when you buy something and receive additional unadvertised bonuses. This can warm your customers to your company and can only please them. It also demonstrates that you do not need to publicize your bonuses because you believe in your product so much that it will sell on its own merit.Dispelling MythsAll too often I have read articles and statements claiming that with third party merchant accounts there are no chargeback fees and that you never have your company name display on customer statements. These claims are inaccurate. The facts are that some do not have chargeback fees. I have personally researched 90+ third party processing companies and have contacted them to verify certain key points in their terms of contract and fee schedule. There are some third party processors that do not issue chargeback fees or refunds, such as can be found with some digital gold currencies. In this case the merchant must initiate a refund directly to the customer.There are some third party processors who do not levy chargeback fees but you will find that these are very few in number and they will typically have a higher processing fee to cover their costs. Don't be mistaken in thinking that third party processors do not pass on chargeback fees to their merchants. You only have to read their terms in full to find out exactly what you can expect to be charged for per chargeback incident. I highlight these important facts in my book The A-Z of No Merchant Accounts for your convenience. |
© 2020. Online Media . Site designed and maintained by |
© 2020 |