
March 24, 2010 in making money online | Comments (1)
Tags: market research, selling information products, selling information products online
Having the best product in the world will not feed your family if there is no demand for it. While selling information products online can be a very lucrative way to make a living, this crucial fact cannot be overlooked.
Often times someone will come up with what they think is a profitable idea for an information product, spend lots of time and money in the development of the product only to launch it to a silent audience.
What happened? It seemed like the perfect solution for the market but now nobody is buying.
The problem is that without conducting any market research the chances of hitting one out of the park or at least getting a base hit are between zero to none.
The easiest way to avoid this is to do some keyword research in the market you’re participating in to find out what exactly people are looking for. Once you’ve established where the demand is, that is when you can begin working on developing your idea for a profitable information product.
Before you go sinking a whole lot of time and money in completing the project, it’s a good idea to test the market with your idea so that you can gauge the response and proceed accordingly.
Sometimes it’s a good idea to allow a small number of individuals from within your target market to beta test it for you and give you the necessary feedback so that you can make any necessary adjustments prior to launch.
It is also beneficial to take into account what your competitors are doing. If someone else is selling a similar product, what format is the market responding to? Audio? Video? Pdf? a combination of all of the above?
In what way does your product differentiate itself from similar products on the market and what price point is the market willing to bear?
As you can see selling information products online can be quite profitable once the demand has been establishment and the necessary research has been done. While it sounds like a lot of work, it really doesn’t have to be if you know where to look to find the data that you need.


December 19, 2009 in Internet Marketing | Comments (4)
Tags: business, internet business, liability, market research, online, product launch, profit potential, stubborness, targeted audience
If you asked this question around the web you would get a truckload of interesting answers but in my own experience the biggest liablity is not…
External factors but it’s more of an internal factor and that factor is what keeps most people from ever reaching their profit potential online.
The internal factor I’m speaking about is centered around the characteristic of stubborness.
It’s not hard to understand why online marketers can get into a rut sometimes, because after all you pretty much end up learning a multitude of concepts through trial and error and you get used to doing things all by yourself so…
When you finally happen upon a system that produces results, the last thing you want to do is touch it. You know the old saying: “If it ain’t broke don’t fix it” but…
Often times what you have achieved can be improved upon and if you’re stuck on your own opinions, you may just be limiting your income instead of expanding on it.
Now there is another way that stubborness can really hurt your business and that’s by not recognizing when something isn’t working at all, yet you still pursue it.
For instance you may have created products in your niche and for whatever reason they are not as ‘hot’ as they were when you first introduced them to the market. So do you just continue to do product launch after product launch to keep the profit engine going or do you look for other formats that generate a better response from your market?
Maybe you’re creating minisites for various products but you’re marketing them to the wrong audience, do you keep trying to fit a square block into a round hole or do you do some market research to speak to a more targeted audience to what you have to offer?
Are you creating products that you know the market wants, but no one seems to be responding like you hoped? Maybe you need to take a look at your sales copy and make some adjustments that will yield better results.
Obviously I could go on and on about this, but I think you get the picture. So don’t let the internal characteristic of stubborness become your biggest liability.
The main point if I had to state one is, if something is working that doesn’t mean it can’t work better and if something is not working than stop doing it.
Being stubborn about your comittment to your success is awesome, but don’t let that be the thing that keeps you from making it big online.
-Nando


November 6, 2009 in making money online | Comments (4)
Tags: blueprint, bullet proof business, bullet proof business blueprint, business, business plan, make money online, market research, online, wealth
Are you trying to build a business online but not finding the success you’re looking for? Have you purchased product after product only to find yourself getting more and more confused about how to make money online? The only way to cure that problem is with a bullet proof business blueprint.
To be sure you can definitely create fabulous wealth online, but without a bullet proof business blueprint, the road to success will often lead to a dead end.
A key component to developing a bullet proof business plan is to do market research. Without market research, matching the right offer to the needs of your market will be much like shooting arrows in the dark.
If you are the kind of person that is taking your business building efforts seriously, the last thing that you want to do is waste time.
Without doing any market research much time will be wasted because you’ll eventually end up promoting or creating a product of your own that won’t sell and you won’t know it until you’ve invested some time in trying to sell it.
This kind of approach leads to burnout and frustration and the end result for most people is to quit. Now that we’ve taken a brief look at why some people don’t succeed at building a business online, we can now focus our attention on what you need to do to avoid being part of that crowd.
Would you like to be able to create or promote a product that hordes of people would eagerly whip out their credit cards to buy? Imagine having dozens even hundreds of people running up to you with their credit cards in hand begging you to take their money? Sounds unrealistic, maybe a little crazy?
This is what can happen when you take the time to find out exactly what it is your market is looking for. So how do you do this? By spending time in places where the buyers in your market hang out.
What if you could be a fly on the wall and hear your market tell you everything you need to know to in order to give them exactly what they are looking for? Believe it or not, this is what the mega marketers do everyday.
They hang out in forums as well places like ebay and other big shopping sites to see what it is people are whipping out their credit cards for and creating similar products based on demand and feeding it to a starving crowd.
Sounds simple? Believe it or not it is and this is what the marketing elite are doing each and everyday to create the massive amount of wealth you hear about online.
But there’s is definitely more to it, like turning those rabid buyers into loyal raving fans and turning those loyal raving fans into a lifetime customer base. If you’re seriously looking to build that kind of business online and you’re tired of fumbling around trying to figure out how to do it…
Make sure to get an inside look at the Bullet Proof Business Blueprint and see how the guru’s are able to create such massive wealth from the internet. You’ll also get access to a free video and report that outlines the process.
