Posts Tagged ‘internet business’

Battle-Tested Tactics To Organize Your Internet Marketing Business

Wednesday, October 27th, 2010

Many people consider internet marketing as the easiest business model for fast profits and personal freedom. The ads touting IM as “make money in your free time” are in no short supply. But you probably realize that online marketing, just like any other business, requires effort and time before you begin seeing anything come of it. So if you do IM, the smartest and first thing to do is plan and organize your business infrastructure. More organization means more efficiency, and that means more focus and more money. Here are a few ways that you can organize your IM business.

You’ll need to keep good financial records and keep track of them. Very many online marketers seem just too lazy to keep tabs on the money that comes in and the money that goes out. There seems to be a common belief that if there’s money in the bank each day, then it’s all good and nothing else is important. The truth is that you need to keep track of your finances for tax purposes and in case clients ask for refunds or receipts. Maintaining a business ledger is the easiest method to organize your spendings and earnings. So what you’ll do is make ledger entries of all transactions that take place. You can easily know your monthly profits by adding the columns in your ledger. You can also find software to do this, like Quicken.

You can help yourself by being organized with your various lists. If you have, or promote, more than one product, and you do email marketing, then you’ll have more than one email list. You don’t want to get your lists mixed up or you could accidentally offend someone and cause them to find someone else to buy from! No worries, though, because almost all email software will allow you to get this done. You can do this with a program called Mozilla Thunderbird, for example, and it will allow you to run multiple marketing lists and maintain different personal email addresses.

Create an outline for each project before you begin it. You can keep your projects moving along if you consult your outlines when making daily “to do” lists. You’ll always know what needs to be done if you take just a few minutes each day for organization.