Clarksville - Ft. Campbell Area Information: October 2009

Is Your Marketing Budget Making Any Sense?

ou have a marketing plan? Dennis tells us Marketing is where it's at... See below

 

blue dollar signsRegardless of how much money you make, you should live within a budget.  The key to wealth is not how much you make, but how much you KEEP!  Setting a budget for your life, your business, your entertainment just makes sense.  As a 30+ year entrepreneur, I realize the importance of setting a budget within my business.  I do this annually and budget for marketing, payroll, equipment purchase or maintenance, supplies, office rent, advertising cost, etc.

The biggest mistakes people that new entrepreneurs make is either not having a budget or spending money in all the wrong places.

Marketing Is Where It’s At

The single most important element of your business plan has to be MARKETING.  You can have the greatest website, blog, capture page, content, and videos.  If you don’t get traffic to your site, you’re OUT OF BUSINESS.

We all come into business with different cash positions.  Some are cash flush with great incomes either from their jobs or other business endeavors.  Some are just squeaking by.  Regardless of your circumstances, there is a marketing plan to fit your budget.

Either You At Work Or Your Money At Work

There’s only two ways to work, make money, or to get things done — Man at Work! or Money at Work!  There’s just no way around it.  If you view that from the entrepreneurial perspective, there’s only two ways to market, add friends in Facebook, bring traffic to your website, write articles, build a blog, etc.  Either you do it or you pay someone to do it for you.  Paying for it can include simply hiring someone to do the work for you such as building a website or even adding friends to Facebook.   Or it could mean paying for some kind of online system or computer program to do some or all of the work for you.  While there’s lots of free tools and strategies out there, you still have to do some work to set it up (or, once again, pay someone to do that for you)  Enough said there…

It’s important to budget both your time and your money.   I find that people usually have more of one than the other.  In my case, money isn’t as critical of a consideration as is my time.  I really have to work at getting the time to do the things I want to do and therefore, I need to be careful to spend my time ONLY on the things that move my business forward.  If you have more time than money, then you need to have laser-sharp focus on your spending.

To financially budget your business you simply need to decide how much money you can afford to get things going and how much can you afford monthly to maintain your overhead.  Start up costs and ongoing overhead need to be considered.  Your monthly overhead will include (depending on your budget), your business overhead, your capture page system, your blog, your email auto-responder, phone expenses, advertising (such as PayPerClick, banner ads, classifieds, etc), and web hosting.

Especially when you are starting out, you should spend 90% of your time and money on marketing.  Get to a point where you have more leads than you can handle, then make some adjustments.

So here’s a list of marketing possibilities grouped into two categories:  Free and Paid

FREE

  • Social Marketing
  • · Facebook
  • · Twitter
  • · YouTube
  • · BetterNetworker
  • · Blog
  • · UStream
  • Content Marketing
  • · Video Marketing
  • · Article Marketing
  • · Press Releases
  • · Squidoo / Hubpages etc

PAID

  • · Pay Per Click (Google, Yahoo, MSN others)
  • · Ezines / Solo Ads
  • · Banner Advertising
  • · Facebook Social Ads

Most of the FREE options have some tools you can purchase to help you automate some of the tasks.  For instance, there’s article submission software that can automatically submit your articles to hundreds of Article Directories for you.  There are similar programs for videos to distribute them all over the internet.

Simply decide if you want to put you to work or your money to work or both!  There’s so much you can do for free but you can accelerate your growth if you decide on some paid strategies as well.

 

To Your Success,

Please call me if you have questions...

.
Dennis Volz

Dennis Volz is the owner of The Red Hot Millionaire Marketing and the author for The MLM Resource Center .com.
Dennis continues to oversee his insurance agency in San Diego, CA he has owned since 1978.
RedHotMillionaire.com
www.TheMLMResourceCenter.com
www.MLM-Toolkit.com

Mentoring For Free


Email: DennisVolz@gmail.com
619-630-5437

 

FREE Informational Websites:

Budget Branding YOU Online
Magnetic Branding
Black Belt Branding
Success in 10 Steps (Free eBook)
Free Soup to Nuts System:
Works with ANY Network Marketing Company

Free Lead Generation System
FREE Live Call Training Sessions
The 5 Pillars of Success-Free Audio Online

 

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Think Clarksville * Think Fort Campbell * Think Real Estate * Think Roland

Roland Woodworth

Licensed in both Tennessee & Kentucky. Please don't keep me a secret, if you know anyone looking to BUY or SELL, Please send me their contact informtion and give them my name and number.

View my website at Clarksville Home Information or Fort Campbell Housing

 Roland Woodworth is a member of NAR's Short Sales & Foreclosure Resource

 

Roland Woodworth, REALTOR ® Q Realty

Call: 931-320-9411

E-Fax: 866-596-2172

  

Clarksville TN Homes For Sale, Clarksville TN - Roland Woodworth, REALTOR

I specialize in helping families relocate to and from the Clarksville, TN and Oak Grove, KY - Fort Campbell, KY and the surrounding areas. I have the tools to market your Home For Sale including New Construction, Short Sales, Foreclosures, Distressed Properties. I'm a US Army Verteran still serving the Clarksville, TN amd Ft Campbell, KY area. Looking to sell your home,give me a call at 931-320-9411

TN Lic # 273649  -  KY Lic # 57120

Q Realty

1812 Memorial Circle. Clarksville, TN 37043

Each Office is Independently Owned & Operated

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Comment balloon 2 commentsRoland Woodworth • October 29 2009 10:25PM
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