Marketer, Know Thy _______!

What is the commandment?

Hint #1: Every internet marketer should do this, but most don’t.

Hint #2: Almost all multi-million dollar direct response companies live by this law.

Hint #3: You need to understand them to build this:
Sales Funnel

If you haven’t read the report yet, you can do so here. Just register for free or log in to get your report.

Tim Erway

P.S. Post your answer here


13 Comments

  1. Hi!,
    I think the answer is market, because you need to know that people are going to accept what you are offering, too many marketers go into internet marketing without doing the proper research they may have been affilliate members of somekind and managed to obtain a few signups and bingo they are internet gurus’s before you know it, but very soon they have fallen by the wayside. You need to know if the other so called marketers are prepared to even look at what you are selling.

  2. I would have to say the answer is metrics!

  3. Tim

    The answer:

    How to Systemize Your Sales and Marketing.

    I must have and use a proven System
    to market a product and increase my sales.

    The power is in the System.

    Walter Seward.

  4. Tim,
    Marketer, Know Thy Metrics!
    Is The Answer.
    Andy

  5. I haven’t read the article, and the answer to the question “As a Marketer, I must know” is

  6. THE CUSTOMER

  7. Tim,

    I think the answer is Metrics. By testing and tracking results is the
    way to find out what is working or isn’t working. Capitalize on what
    is working, and work on improving what isn’t working.

  8. TIM: the answer is for sure metrics no doubt about it. I just wish you could get a webcast so we wouldn’t have to hold the phone so long , please give me news on that thanks , Didi

  9. Hi, Tim!

    The answer of course (as revealed in the Module descriptions in one of your recent blog posts and in the Report) is also what any Marketer worth their salt practices and ‘preaches’: “Know Thy Metrics.”

    In any worthwhile endeavor it is critical to be able to measure, record and analyze its effectiveness as well as all of the activity generated before, during and after its implementation. Only then will you be able to know what went right and what went wrong as well as whether any necessary improvements need to be made, what kind, and where and when to make them.

    Stephen Boutelle

  10. Market audience

  11. Tim,

    The answer is Know Thy…

    … metrics for customer acquisition costs AND total customer value!

    You are spot on on the cost metrics in this great report. We can always go deeper with the customer, fo life long value enhancement for us the marketer and for the individual customer.

    TIP: the only time you ever have a profit when a prospect becomes your customer. Always thank them immediately.

    The sales funnel should not have a conclusion. It needs to show a return for existing customers.

    Irwin

  12. Metrics, Market, and Customer needs

  13. Metrics. Conversion rate, cost per visitor, cost per lead, cost per sale, visitor value, lead value, and customer value.