Growth & Profits
Do you feel that your product is unique and can only be bought if a person sees it or feels it? Then you are limiting yourself to the number of pre-existing customers and are locked into the old sales method. You can only grow if you increase your geographic presence by opening more brick and mortar stores in various locations. However this is costly, requires a lot more investment up front. This also takes a longer time to achieve ROI (Return On Investment).
The better way to grow is to keep cost down while increasing profits. This can be achieved by selling your products online to different geographic markets such as entire USA and Canada and Mexico etc.. This way you are not limited to people driving up to your store location, you are not dependent upon weather conditions nor do you have to train a large staff. To increase in store sales, OMguru can employ local search engine advertising for you. Your customers actually research online before coming to your store for purchase.
Investing in an E-Commerce Website and setting up your Online Marketing Plans to align with your goals and budget is a better way to achieve growth and profits simultaneously. You don’t want growth at the cost of profits. Your ROI will increase and at a much faster rate than opening a brick and mortar store. Your Online Marketing Strategy includes researching your target market, your competitors, your policies and your products pricing, your promotions, peak season and growth in ecommerce product sales.
A lot of business people are unaware of the success rate of selling products online. Yes online marketing is cheaper than direct marketing. But in order to compete with other competing websites online, the business must invest in quality over cost. To see further statistics of Internet Marketing vs. Traditional Marketing click here for charts.
At OMguru, we do a thorough analysis of the products you will be uploading on your website for sale. After determining which products will get you more visitors and which products are higher margin profit for you, we develop an Online Marketing Strategy to ensure that your profits are ever increasing. Every month we will consult you on the results and tweak the strategy accordingly so that you continue to build wealth online month after month, year after year!