Victoria's Secret has about 1500 retail stores, a world class catalog, and according to Alexa.com, a website that is consistently in the top 100 websites on the plenet, as measured by traffic.
They successfully merchandise multi-millions of dollars in lingerie, fashions, beauty products, and accessories.
They sponsor an annual beauty show, and they sponsor events, with elegant supermodels like Heidi Klum and Tyra Banks, and get worldwide publicity from those events, on TV, newspapers, magazines...their message is virtually everywhere in the world.
Now, let me share with you the one marketing mistake that Victorias Secret will NEVER make.
Victorias Secret will never become an INTERNET ONLY business!
Can you imagine how much business they would LOSE by closing down all of their stores and catalog businesses, because they think that the internet is "HOT"?
Retail sales, at the store level, accounts for more than 98% of Victori as Secrets sales.
Now, you may be saying to yourself, "Joe, that's a ludicrous position to even SUGGEST that Victoria's Secret would EVER consider to be an "Internet Only Business".
And you would be completely correct.
But do you want to know the sad truth?
As a business consultant, I advise entrepreneurs everyday, IT IS A COMMON THEME; I consistently run into otherwise intelligent people that DESIRE to create an INTERNET ONLY business!
Sure, the thought is seductive: I'll build a website, I'll build some traffic, people will fall in love with my products, they'll order in droves, my bank account will fill up, AND I CAN DO IT AUTOMATICALLY, WITHOUT EVER TALKING TO A HUMAN BEING!"
My friends, wake up and smell the coffee! That kind of lunacy is a sure path to failure, just as it would be an act of lunacy for Victorias Secret to shut down their stores.
If you want your business to thrive, do not, I repeat, DO NOT ! depend soley on building an internet only business.
In todays mass media environment, it's difficult to trust ANYONE that you can't meet personally, or at least talk with, in order to develop a relationship.
There are several reasons that Victorias Secret stores are successful, and, in my humble opinion, (Which I value above all others), it's because they do a great job of helping customers, face to face, and delivering a very personal, satisfying, relationship-building connection with their customers.
So, what's the lesson? If you're building a business, don't sabotage yourself by limiting yourself to the internet ONLY, which may likely be your least likely way to succeed.
Instead, use ALL the tools available to you: ï Use Online Publicity AND Offline Publicity ï Use Web Site Communication AND Telephone Communication ï Use E-mail follow up AND Direct mail follow up
And above all else, make a commitment to having the personnel ! in place to close the sale, as well as deliver personalized customer service AFTER the sale.
Sure, it takes effort, energy, and time to jump in the car and go visit a client.
But it demonstrates something at a very high level that you cannot do over the internet.
It demonstrates that you CARE enough to show up.
Someone once said that showing up is half the battle.
Your web site cannot show up for you, and it cannot look your client in the eye, and it cannot reach out, and shake hands, or hug someone.
Victorias Secret will never throw away 98% of its business with a "Web Only" strategy.
Neither should you.
Joe Nicassio coaches business people in marketing.
EVERYTHING in this program is designed to help YOU Systematically Increase your REVENUE and BOTTOM-LINE PROFITS.
Check it out: http://HeartfeltMarketing.com
![]() |
|
![]() |
|
![]() |
|
![]() |
The first steps in defining your ideal marketing plan determining... Read More
When freelancers ask me what type of marketing is the... Read More
Nothing happens in business until a sale is made. Marketing... Read More
The internet marketer is really a perfect profession. This profession... Read More
Guerrilla Marketing Design is more an attitude than a system... Read More
"It's a labor of love." That's how I've always described... Read More
How to Succeed and Stay on Task with Your Internet... Read More
How many times have you... heard that running solo ads... Read More
TIME DEMON. For online marketers, time is one of their... Read More
Online advertising is necessary for your computer business to grow.... Read More
Would you like to accelerate profits at your website?Here are... Read More
It is a story about Manku, a blind man who... Read More
I'd like to let you in on a little secret... Read More
Photos should be important parts of your marketing. The photos... Read More
If you haven't heard the word 'niche' being batted around... Read More
Think about everything you can do in your business that... Read More
As we look at building our online businesses, many of... Read More
Everyone knows the internet can be very useful for finding... Read More
The internet boom hit a high mark in 2004. With... Read More
Jeff Mills, a popular internet marketer and entrepreneur told us,... Read More
Today I was checking out Michelle's A Small Victory. There... Read More
Copyright 2005 Kurma GroupContent, content, content - everybody's talking about... Read More
My wife laughs every time she sees me doing it.At... Read More
You read that right. There's a new law in California... Read More
Now, I'm a firm believer in knowing what you're getting... Read More
Budweiser has the frogs. McDonalds has Ronald. Goodyear has the... Read More
The following tips are just a few of the things... Read More
"The Internet Gold Rush is under way" Bill Gates, chairman... Read More
Basic IdeaAround the world, companies spend over $250 billion dollars... Read More
Do you want to create a passive income? Are you... Read More
Who said marketing on the internet was easy. All the... Read More
There is a trend going on in the world of... Read More
Thirty years ago, I sold information via small classified ads... Read More
If you are considering launching a website for your business... Read More
I am a great admirer of businesses that serve and... Read More
A Internet marketing plan provides you with a way to... Read More
I attended a presentation a couple of weeks ago given... Read More
Whoever said knowledge is power, was wrong.Way too many people... Read More
Yes, I admit it - I hate asking for referrals... Read More
Everyone is talking about blogs these days as the magic... Read More
Conventional wisdom says find a niche. Don't go where the... Read More
It is a purely shocking statistic, that only 4 in... Read More
When it comes to marketing your web site, most home... Read More
Like many other useful toolbars out there so is the... Read More
How did Hotmail gain over 12 million subscribers in 18... Read More
Everyday I talk with people who want to get started... Read More
Have you ever seen the movie "Pay it Forward"? This... Read More
Online sales is like a fine art and you have... Read More
Often-overlooked commands can boost sales and project a more professional... Read More
There's an old story about a guy who had a... Read More
In today's business world, if you're not selling your product... Read More
Any small business owner in a B2B or B2C market... Read More
Today I was checking out Michelle's A Small Victory. There... Read More
Starting an internet based business when you have zero marketing... Read More
Free can set you free...The powerful word "FREE" is an... Read More
Some sites are perfect for the Christmas season - their... Read More
What happened on your website yesterday? What about last week... Read More
RSS marketing is a tool used by many on the... Read More
Are you getting disgusted with your results as an internet... Read More
The Book Yourself Solid article series continues withKey Number 2:... Read More
Understanding that the Internet is another vehicle for direct response... Read More
Billionaire Richard Branson, the entrepreneur behind the Virgin brand, is... Read More
What is an Internet Marketing Godfather?Someone who I *perceive* to... Read More
"E-commerce"A word pervading our society, making headlines around the world,... Read More
Creating a lucrative online business is not an easy task.... Read More
After spending a lot of time and effort on building... Read More
Internet Marketing |