Marketing Mistake – Not Having the Right Balance Between Offline & Online Marketing

Posted by Tony L on Sep 20, 2009 in Blog, Marketing Mistakes | 0 comments

Over the years, I have noticed most small business owners concentrate their marketing “offline” — meaning any marketing NOT DONE on the internet is called “offline marketing” (e.g. radio, newspaper, magazine ect…)

However, just like a diet program, you can exercise all you want but if you don’t have the right diet to go along with the exercise— losing weight is extremely difficult. Making money with your marketing is no different…. you need a right balance between Offline & Online Marketing — otherwise you will plateau with your business profits. In when I was in the real estate industry. Most of your good real estate guru’s have a great balance between selling their programs offline (in seminars) as well as online (in teleseminars and website shopping carts).

In case you didn’t know, online marketing purchase behavior is continuing to increase at a rapid rate around the world. Here are some startling statistics by some major research companies:

Nearly half (49%) of shoppers intend to do their holiday gift buying online (versus in-store), and 72% are planning to research products online prior to purchasing (vs. 65% in 2007). (“Mindset of the Multi-Channel Shopper Holiday Survey,” e-tailing group, October 2008).

According to eBit, for this year, it is expected that Brazilian online consumers will spend about BRL 8.5 billion (US $5.9 billion). The numbers focus only on B2C (Business-to-Consuner).

Online marketing research firm comScore just released new numbers that reveal U.S. online spending during the 2007 holiday season (Nov. and Dec.) exceeded $29 billion, a 19.1 percent increase over 2006′s holiday sales (1/10/08).

Overall, eCommerce sales in Asia will grow at about a 23.4 percent annual rate, reaching over $168 billion in less than three years from now, according to eMarketer (1/16/08).

Are you starting to get just a “glimpse” of the future of the internet? Do you think your competition maybe strategizing how to strategically get some of your local clients to come to their establishment instead of yours? And in my opinion most local small business owners haven’t even begun to tap into the wealth of marketing their business online.