One of the greatest advantages of the Internet as it pertains to
home businesses is the many different ways that you can utilize it to market
your business. As in the “real world”, small business owners have lots of
different options when it comes to getting exposure for their offerings and
gaining new customers.
One of the most obvious ways to advertise your
business online is to buy ad space on websites. Some sites offer advertising
space for a certain price per week, month,
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or year. Some offer text ads,
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others offer space for graphics of certain sizes, and some offer both. If you
can find a website that complements your services or products very well, this
type of advertising can be effective. But there are other methods of marketing
online that could give you more bang for your buck.
Cost Per Impression (CPM) programs
allow you to pay based on the number of times your advertisement is shown.
Publishers place your banner or other graphics on their website, and you pay a
specified amount for every thousand times it is shown. This allows you to gain
the maximum amount of exposure for your money.
Pay Per Click (PPC)
advertising offers business owners the opportunity to place ads but pay only for
the viewings that result in visits to their website. PPC programs allow you to
show your ads in results from search engines such as Google,
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show these types of ads. These programs give you the advantage of being able to
experiment with your ad copy and determine what produces the most conversions
without having to spend a lot of money on things that do not work.
Cost
Per Action (CPA) programs allow you to show ads and only pay for the views that
result in a lead or sale. These programs are more cost effective than PPC or CPM
programs because you do not have to pay for views that do not produce sales or
leads.
The Internet also offers many opportunities to advertise your
business without spending a dime. One of the most popular ways to get free
exposure for your website is through forums. You can add a link to your website
to your signature line,
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each time you post that link will be shown. Participating regularly will give
you more exposure and more respect within the forum, and can encourage forum
members to visit your site.
Another way you can promote your website is
through partnerships with other small business owners. You could exchange links
with websites with information or services that complement those offered by your
business, providing each with additional exposure at no cost.
The
Internet provides many ways to promote your home business. Some are free, while
others require an investment. But all online advertising methods share the
advantage of allowing you to tweak your campaigns quickly and easily from the
comfort of your home. With some research and experimentation, you can find the
marketing methods that work best for your particular
business.