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Business & Marketing

5 Ways to Effectively Promote a New Product or Service

Effectively Promote a New Product or Service


Even the highest quality product will be of little interest to anyone by itself. Therefore, you need to know everything about how to promote a product on the Internet. Read below about the most effective methods and secrets for promoting your product or service.

1. Website or online store

This is no secret, but many people save on creating their online store. However, in the 21st century, this is definitely indispensable.

To promote your product, you need to create a website. This is important for both large business owners and aspiring entrepreneurs.

The resource can “work” in two directions:

about the company as a whole – then the product will be added to the catalog of the online store;

dedicated to a specific product, in a general trade unit – then it is presented on the landing page.

Regardless of the specific direction, the site or online store was created for the long term. Using other additional tools, including SEO promotion, it will be possible to easily reach the heights and become a sales leader in a specific area.

2. SEO: always in action

Source: pexels.com

Another pillar that helped many answer the question of how to promote a product on the Internet. Moreover, the closer a certain page is to the top in the search results, the higher the traffic will be. Search engines constantly analyse various parameters in order to determine the place of a resource in the display hierarchy.

In order to understand exactly how to promote your product and online store, you need to find out what ranking is and what it is based on. It is necessary to rely on the following characteristics and important features:

The scale of the site. Of course, if we are talking about only one product, this factor is not so important. However, if an entire line is being promoted, assortment, quality index (QI) and geographical coverage are important.

Commercial factors. Special attention should be paid to how well the directory will be structured. The product cards must be correctly formatted – it should contain price tags, descriptions, and order button. Also, you can’t do without custom filters, a section with reviews and videos. Visitors like the presence of an online consultant, various methods of delivery and payment, the availability of a guarantee for the goods.

3. Contextual and targeted advertising

Another effective method of promoting goods on the Internet. Let’s dwell on each of the types of advertising separately.

The first, contextual, is shown based on search queries, that is, the most interested audience.

Targeted advertising includes videos, podcasts, special articles, and banners that only the target audience will see.

Such advertising is shown on social networks, taking into account:

  • user gender;
  • age;
  • geolocation (this is why many applications or sites ask to activate it);
  • interests of the future buyer.

With proper setup, this will turn out to be the most effective method for promoting a specific product or service. And in some cases, you don’t even need a website or an online store for this.

4. Don’t forget about SMM


Source: pexels.com

It’s about promoting a product or brand through social media. It can be Twitter, Facebook, Instagram.

So SMM is another way to attract your target audience. To promote your product on social media, you need to be patient. After all, this is a difficult and even multi-stage task.

Required:

  • identification of the main competitors and target audience;
  • identification of advertising strategy;
  • content base creation;
  • elaboration of corporate identity;
  • work on content, staff training;
  • preparation for interacting with applications (who will do this, developing the most effective algorithms).

One of the most important things is to make your product look desirable, so your content must be at a high level. For example, if you are trying to promote a new fashion brand or collection, a professional fashion photoshoot is a must-have.

5. Email marketing

Another interesting method that many people mistakenly consider outdated. Email marketing is set up to subtly remind you of a specific product or service.

The advantage of this method is that it does not impose anything. However, it offers useful and, which is also very important, free information.

Thanks to e-mail marketing, specific products become much closer and more interesting to a potential buyer. It is important to consider the following nuances:

letters must come regularly;

you need high-quality textual support – a description of the product, its advantages and features;

the subject line should reflect the goals and needs of users.

Conclusion

How to promote your product on the Internet? In a broad sense, you need to do it wisely. At the initial stage, you can try to do this without investment in terms of advertising. For example, promoting a product through social media.

But in the future, it will be necessary to constantly improve the quality of the goods, expand the audience, and order advertising. Only in this case, you can count on healthy competition and demand on the Internet.

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