Go Back   Teneric Business Forums UK > Marketing Forum > Marketing Ideas Forum

 
Thread Tools
12-05-2009, 07:38 PM
  #1  
Business Planning
 
Join Date: May 2009
Posts: 4
Smile
Hi everyone,

Starting a new business, UK internet based and need help with marketing.
Any ideeas? Do you think internet marketing really works?
How effectiv advertising is?

Appreciate your answers.
Thank you for your time
Camelia
Reply With Quote
13-05-2009, 08:16 AM
  #2  
fisicx's Avatar
CEO
 
Join Date: Mar 2006
Posts: 2,598
Send a message via Skype™ to fisicx
What's the business?
Who are your target customers?
What is your marketing budget?
How much market testing have you done?
What is your USP?
__________________
Effective Web Design - It's not that difficult if you follow the rules.
Reply With Quote
13-05-2009, 09:54 AM
  #3  
Business Planning
 
Join Date: May 2009
Posts: 4
Hi and thank you for a fast reply

Is a penny auction site everything starts at £0.01 and price increases by 1p with every bid.
Bids cost between 0.70 and 1.10 depending on the package bought

Market target anyone above 18 yrs old
Budget for marketing abt £2000

I also have another freight exchange website and I have a small 4000 customers there and will use that as a start.
What is USP

Thank you
Camelia
Reply With Quote
14-05-2009, 03:25 AM
  #4  
Business Planning
 
Join Date: May 2009
Posts: 3
Lots of ways such as email marketing, SEO, blog posting and forum posting.
Reply With Quote
14-05-2009, 07:52 AM
  #5  
fisicx's Avatar
CEO
 
Join Date: Mar 2006
Posts: 2,598
Send a message via Skype™ to fisicx
Bit confused, if an item is on sale for 1 penny and the bid costs 70p where is the incentive?

You are really going to struggle to get this off the ground. Niot because it is a poor idea but simply because there are already hundreds of auction sites. The £2000 isn't going to last you very long, as an online business your main advertising is likely to be PPC (adwords, banners and so on). For the site to be successful you are going to need hundreds if not thousands of visitors per day, this means you could easily use up your marketing budget in a week. You could try promoting the site through articles, forums and so on but these are notoriously poor at converting unless you are prepared to spend a lot of your spare time writing and publishing.

Maybe it is a great idea but I don't beleive it's going to make you much money for a long time and it's very unlikely that your will cover your costs for at least a year or two.
__________________
Effective Web Design - It's not that difficult if you follow the rules.
Reply With Quote
14-05-2009, 10:27 AM
  #6  
Business Planning
 
Join Date: May 2009
Posts: 4
Offering Free bids with subscription, friends reccomandation, feedback posted, so can end up getting items for very very cheap
Thinking of starting with email marketing first, use a professional company to do it and see how it goes...
I am not planning to be next ebay, but if it pays the bills would be great..
Going live the end of the month, will keep you posted
Thank you
Reply With Quote
14-05-2009, 10:28 AM
  #7  
Business Planning
 
Join Date: May 2009
Posts: 4
The items start from 1 penny and hopefully won t end at 1 p...lol
Reply With Quote
17-05-2009, 10:50 PM
  #8  
Business Planning
 
Join Date: May 2009
Posts: 2
Try email marketing and list building, it may take a while to build up a list but it can pay you dividens later on.
Reply With Quote
17-06-2009, 01:32 AM
  #9  
Business Planning
 
Join Date: Jun 2009
Location: mortgagerefinancingz.com/cheap/quotes
Posts: 3
Internet marketing does indeed work but you need to get people outside of the Internet to find you. So you can begin to advertise by using your business cards and use the normal avenues for marketing.
Reply With Quote
19-06-2009, 03:06 AM
  #10  
Business Planning
 
Join Date: Aug 2008
Posts: 3
You need have a detail plan before you do the business,just like EWD said.
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
37 Original Ways To Promote Your Business Offline! (POST YOUR IDEA HERE) jediknight6 Marketing Ideas Forum 5 23-09-2008 02:15 AM
SFLGS (Small Firms Loan Guarantee Scheme) BUSINESS START-UP DISASTERS IAS Finance Forum 13 20-12-2006 01:20 PM


All times are GMT +1. The time now is 05:12 PM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.1.0 ©2007, Crawlability, Inc.