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Internet Marketing in 2010: Are We All Screwed?

Friday, January 8th, 2010 // Not A Pro Brand & Projects

2060 Internet Marketing in 2010: Are We All Screwed?On the last Not A Pro Webcast: “Bloggers Gone Wild”, we discussed internet marketing trends in 2010 and how bloggers may need to approach putting out their own products and services from a different angle.

Did you miss out on this? Remember, the webcast is every Tuesday at 3pm EST. RSVP for the next show by following the UStream channel. Why don’t you come by and join in with the chat?

I would like to thank everyone who joined in for the webcast, but for all those who missed out on this awesome discussion, What did we learn?

Will every single person online eventually have something to sell?

With the news last month that digital eBooks outsold the print medium on Christmas Day, more and more people are using electronic means to both consume and produce content. We’re looking at a future where the gap in this technological divide will be closed and what is now considered the digital “underground” will be mainstream. As the whole world jumps on the bandwagon, are we ready for the effects of this massive groundswell?

Everyone must agree that self-publishing has never been more do-able than it is right now. While the concept of commercially releasing a product of your own is still fairly new to many bloggers, the rise in the amount of digital books for sale is increasing at a staggering amount. More people are learning how to use this medium for business and more people are teaching others how to do the same. It’s unbelievably great that this space is looking to explode in 2010, but how prepared are we to market ourselves when abundance rules and scarcity is no longer a virtue?

New FTC Regulations: Making for a more honest web!

Some in the blogosphere have rallied that the Federal Trade Commission is violating free speech rights in regulations governing endorsements and testimonials on the internet. Sure, there always is a valid issue when an official agency essentially limits your ability to speak freely… but when it comes to blogging in 2010, shouldn’t we applaud the crackdown on those who can make our entire livelihood perceived as distrustful to the general public?

The shift internet marketing will have to undergo starting in 2010 will start to put to rest many stereotypes placed upon the industry. Unscrupulous practices you see now with impersonal and ruthless tactics are no longer going to fly – especially once the mainstream enters this sphere and there will be more cry from consumers to regulate the field. Are you still working (or learning) from a blueprint that doesn’t take these effects into account?

I think the FTC guidelines will make the web more useful and more trustworthy for consumers. Consumers don’t want to be shilled and they don’t want payola; they want a web that they can trust.comment from Matt Cutts of Google

Additional points made and highlights of the webcast discussion:

  • Henri Junttila from Wake Up Cloud chimed in with his thoughts that “internet marketing in ‘09 was for newbies, 2010 is when it gets serious.” While I can’t diminish the fact there are many experienced and dedicated marketers already doing extremely well, I agree with the sentiment. Those that are new to the space, got their feet wet last year and learned from the best are poised to make a splash in 2010. This may be the year that bloggers just treating it as a hobby really start to hone their skills and get down to serious full-time business.
  • Don Power wonders if consumers are going to get too jaded on “free”. Chris Anderson has talked about this business model for content countless times over the past few years and it’s apparent that we’re entering an age when differentiating on price alone will no longer be a viable option for businesses. With the democratization of information and the barrier of entry being so low for anyone to enter the marketplace, the only way to stand out amongst the “cheap” noise is to provide tangible value to consumers. This is quality that can’t be matched by countless others producing similar goods for the lowest cost denominator. Yes, I believe many people will become numbed by the illusion of “free”, but after this feeling wears off, they’re all going want better value (even just in their time) and be more than willing to open their wallet for it.

Overall, it was an awesome hour-long discussion about how internet marketing will change in 2010, how new bloggers can take advantage of these trends as well many other topics related to producing your own eBooks this coming year. It’s not a “pro” webcast though, so remember that the conversation went all over the place!

Once again, I appreciate everyone who participated in the chat as well as those just viewing from the shadows. (sign up on UStream so you can join in!) It was great to see a mix of bloggers from different niches!

Until next week… same time, same place.

Not A Pro Webcast: Every Tuesday at 3pm EST. Follow the show on UStream now.

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    • ridwanzero
      After last post on marketing without search engines, I decided to follow up with a strategy you can use to get quality free traffic. One of the easiest ways to get visitors to your web site is to spend money. Nothing is more effortless then paying for traffic. But if you can’t afford it or don’t want to pay, there’s an equally simple but free way to get traffic: ad swaps.
      www.onlineuniversalwork.com
    • Lol I loved the webcast. Gotta check my class schedule for this coming semester because if I have a class or something during Jordan's webcast then I am canceling it and working around it.

      Going in I truly did not what to expect, but got tons out of it. Look forward to seeing yinz on Tuesday!
    • I wonder who'll become "The Blogging Laxitive", making money from shitting in your smalls.
    • Great post, Jordan. I have to agree with Shane, very funny and very true. I talk about music marketing and that industry suffers from the same overload. Everybody has a home setup and musicians are coming out quicker and Free music is everywhere. Different form of "self publishing" but very similar parallels with internet marketing.

      There is a big rise in ebooks and free stuff online, I think that now social media creates different expectations for visitors in 2010. All the free stuff means nothing if you don't personally interact with them, and they expect you to because you have a Twitter account or other profiles that make you easily accessible. I think that will weed out alot of the corny marketing tactics out there, hopefully...lol
    • Dude! Awesome, that's all I can say.
    • Nathan, I'm glad I can find unique and interesting ways to promote your product that aren't clickable and make me no affiliate commissions in the process! :-)
    • Yes, by all means, keep it up!
    • Why "7" ?? A retail merchandising consultant buddy tells me it is a leftover from retail stores using "7" to denote a sale price... probably from about 20 years ago. Internet marketing "gurus" would have you believe "7" has been tested and shown most effective, yet for years I have been asking around and no one can provide any such test results.
    • ShaneRQR
      Holy sh*t, man! That was seriously funny!

      Also full of truth.

      I do think that the whole marketing thing can't continue the way it's going now. In fact, it won't. The way stuff is marketed has always changed and will keep changing. The sales-pages you see nowadays are already a far cry from those that were common a few years ago.
      I also made a video a while back about how I don't really want to have to opt-in to my local baker's list anytime in the future...

      And the thing with "get the product... PLUS these twelve extra bonus thingies worth a billion dollars!!"... well, I don't like it, either. What the hell's wrong with the product if you have to flog all that crap along with it to make it sell?
      But as long as it works, people will keep doing it. I honestly don't know if it works, because I've never done it.

      The thing with every price ending with 7: I think there was some guy who actually tested prices for conversion with the first digits unchanged and cycling through on the last digit. And apparently, 7 did best.
      No one knows if that test would hold up to any kind of standards and/or if the 7 really makes a significant difference, but who cares at this point? The way this thing has spread, if people encounter a price online that doesn't end with a 7, they'll probably get suspicious.

      Ok, enough of me rambling (though I could go on). Awesome video, Jordan!

      Cheers,
      Shane
    • Thanks, Shane! I feel the same exact way when I see a ton of bonus "free" features added to a product. Especially so when I don't even think the bonus crap looks any good to begin with.

      Wow, a small piece of shit reading light comes with the product? Now I definitely have to get it!
    • Debbie Ferm
      When I woke up this morning, who knew I'd be seeing Jordan Cooper's underpants? The world is funny that way.

      I have chuckled to myself many times thinking about the "marketers marketing to other marketers" thing. It's like the entire blogging world is just one big circle of people visiting each others sites advertising to each other. Bizarre.
    • Debbie, sometimes we may think this only because we happen to encompass this general niche. I'm sure those on the outside, the 95%+ of people blogging about their specific passions don't see things the way we do.

      I entered this meta-blogging space coming from the video game niche when I wanted to seriously consider monetizing those blogs. I could have well just stuck with the A-list blogging content and done quite fine for myself, but I dove deeper and saw how many people were actually giving the same advice and doing the same thing. Many people won't do this - and it's important to understand this as a "meta blogger".

      Your target audience is not other blogging bloggers. It's niche-oriented bloggers - People who have a passion for a very specific thing and are trying to get serious and turn it into a workable business. We're really all just fighting over this demographic if you really think about it. So why are we all obsessed with visiting everyone else's "meta-blog" then anyways? (besides learning & networking)
    • I predict, like my possible relative, Nostradamus, was about to predict before his untimely death of old age (no historical basis for assuming we are related. I just like throwing out questionable relationships) that the entire market for ebooks will implode in 2010 leaving a wake of broken Darren’s and Chris’s et.al. in shambles.

      The entire problem with ebooks and internet marketing is that society as we know it is built around the library card.

      In 1492 when Columbus set out to discover stuff he didn’t bring a single ebook with him.
      But he did bring a stack of library cards.

      Columbus knew that no one would pay to read his ebooks until they had a chance to read his older books for free in a library.
      Only then could he hope that they would be so impressed that they would blindly buy his newest books on macrame and needlepoint or whatever it was he wrote about.

      Book stores aren’t built around the library concept which is why they are disappearing.
      Magazines and newspapers aren’t built around this concept either and they are disappearing.
      And ebooks aren’t built around giving the information out for free in a library so they are doomed as well.

      If entrepreneurs hope to sell their stuff to people like me, and I am the common man, then they better start by creating a library where I can read their books for free first.

      I will want, nay demand, a library card and a sssshhhhh lady for when I’m browsing said library.

      Only when this occurs will I think of purchasing anything online..

      As another possible( but highly unlikely) relative of mine, Henri Ford, once may have said:
      “Give me a library card and I’ll rule the internet marketing platform..”
    • First of all I have to say thank you for the under ware. It's great that you're a man of your word. :) It's also cool that if I wear your boxers, my shit stream can turn into your income stream. That means not washing my hands before eating here in China and developing dysentery will be for a good cause. :)
    • Just remember, Paypal takes 2.9% in the transfer... so try to squeeze out just a little more to balance out the overhead.
    • Only just watching the video now, the internet is loading very slowy out here in the bush!

      I wondered the same thing - why the heck do all prices end in a 7? Did you find out why? Also all 'free' ebooks supposedly are worth $97. ALL OF THEM! When I make my ebook I'm going to charge a base rate of $23.90 an hour, track how much time it takes me to make from start to finish then say 'this ebook is worth $219.55' or somethign like that. That's my plan. Totally and utterly honest! ;)

      I'm guessing the $97 is based of some sort of marketing package out there that you buy that did really well (Alex Jefferies?) that everyone just seems to use as the template for a free ebook. OR everyone happens to know the marketing psychology (or just copying each other) and $97 just gets everyone throwing their wallets at? Which is it?!
    • So upset I missed it Jordan. Looks like you had some great discussion there.

      I kinda wish I was on the scene in 2008 so I could have a really good opinion about marketing in '09 being for noobs and '10 where it gets serious. Only because I started last year and that's exactly how I feel. Is it a case of there being a more than usual bigger group of bloggers coming through last year? Will be interesting. I will be getting my 'serious' marketing/blogging/making a business online hat on for sure this year. I have to if I want to keep doing this beyond 2010. Would love to hear what others think of Henri's statement if they've been in the marketing scene longer than 2008.

      I think we're going to see a lot more ebook previews. More professionally built ebooks and I think gone will be the days of the 'blogging blueprint' style of books. I hope we see ebooks with concepts and theories which will break the norm of what we all already know to break some new ground in the online marketing world.

      I think a new way of selling will come about too. New creative sales pages will be created that break the norm from the traditional mile long sales page which most of seem to agree seems untrustworthy and past its use-by date.

      Email lists will evolve from the standard column/sales type . Twitter will out-favour traditional RSS readers. And we're going to have to think a lot more MOBILE because that's where we're heading.

      I love the new FTC ruling and I would even stretch it further and say that we shouldn't be selling products as an affiliate unless we're brought the product and used it ourselves. I honestly thought it was required by law that you had to have bought the product before you were an affiliate. I was quite shocked when I found out you didn't (and I could have saved a buck too! :P j/ks)

      I hope we come a long way in 2010. I hope 'Trust' and 'Honesty' are 2 big words that play a part in it.

      Pretty sure I'll make it next week. Looking forward tot he discussion. I'll try not to be so sleepy and add to the discussion this time. Keep in mind it's 6am here when you do them! :P

      Sarge | BeginnerBlogger.com
    • You make an interesting point about the "blogging blueprint" style of books. I actually think there will be quite *more* of them. As more & more people jump on the bandwagon starting blogs, the need for quality comprehensive "newbie" advice will rise. Although, as you've said, I think those with experience will also concentrate on producing sub-niche eBooks that go in-depth into specific blogging/marketing aspects only lightly covered in these blueprint-style products.

      It will be very interesting to see where this year takes us. With the amount of influence bloggers are having on the general public and mainstream media, be prepared for the groundswell. It's likely going to be the ones who have carved out a definable & distinguishable brand that I believe will be *highly* successful.
    • Maybe I'm just hoping we will see some more refreshing, thinking out side of the box style of books coming out. I go to a bookstore in Australia and there are 0 blogging books. I want to see some good shiz created good enough to hit book stores that people in the blogging world can gobble up.

      Something else I think will happen in 2010 - more book deals, more books in real stores. Especially with the boom of businesses hitting the social media world.
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