Tags |
|
|
Links |
|
|
Atricle Dump - How To Research An Idea For Your Internet Business - 7 Simple Steps
Your customers are wonderful. Without them, your business wouldn't exist. From time to time, shouldn't you thank the people that keep your business running? By doing just a few small things, you can impress your clients, and extend their business relationship with you.Be a Face with a Name (or Voice) Depending on what type of business you run, your customers may not ever see or hear from you. You may be just a series of emails. There is nothing to create a real relationship with in an email. Reach out to your clients by calling them just to check in on an order, or stop by their office, if you live locally. By showing that you care enough to make time to speak with them, your clients feel important. And clients who feel important keep buying from you.Add a Special Touch to Every Order You don't have to have a big budget to show you ca
Similarly, when you do a keyword popularity search as in Step 3) above, you don't want hundreds of thousands of people searching for the same product. There is too much competition.
6) Now just because a website is popular or ranks high doesn't mean that it is profitable.
How much could you potentially make with your new idea if you converted it into a product and developed a website around it? Simple. Go to any of your competitor's websites. Check out their products and their prices.
If they have been around a while (this can be verified by doing a "whois" search for their website to find out when their website was registered), then most likely they have established relationships with customers who have bought from them in the past. People have paid money for their products - they will most likely buy from you as well if you sell a similar pro
When you're the one who must deal with conflict you know what to do?If you're an executive, manager or human you resource professional, managing conflict is probably part of your job. So is recognizing when hidden conflict is the source of a problem.The very word conflict has a negative impact on most people: you associate the word with war, destruction, hostility and pain. When you think of conflict as negative, even dangerous, you probably tend to avoid it whenever possible rather than learn how to deal with it effectively.Conflict within an organization is not necessarily negative. In fact, it is a valuable potential source of energy for achieving organizational goals. Effective conflict intervention can help transform a conflict situation into an opportunity for change, growth and development of creative solutions to an orga
Brainstorm all the hobbies/ passions/ anything which interests you. Let's say you have an African macaw ( which is a bird if you didn't know!). You like looking after him/her and it is a real pleasure for you to do this on a daily basis....So now you have an idea.
2) Since this is a hobby of yours, you must have a general knowledge in the area of African macaws (to continue the analogy above). If you need more knowlege, that shouldn't be a problem. It's a subject you love.
Now for the second brainstorming session. On a sheet of paper write down everything you can think of about anything related to your area of interest. You want as many ideas as possible. One of them will lead you to develop a product that you will potentially be selling on your website.
For African macaws, (I will use the abbreviation A.m for African macaw), let's say you come up with a list including the following:
A.m food/diet, handling your A.m, training your A.m, A.m postcards/posters, suppliers of A.m's, breeding your A.m, secrets of long-lived A.m's (yes they can live up to 55 years!), cages/aviarys/perches, social behaviour of A.m, toys/playthings for your A.m, common illnesses of an A.m and what to look out for, different species of macaw.
Now that is a list of only twelve. You should try and come up with more for your own idea.
3) Now you have several target ideas in your area of interest. You want to test your idea now to see if it's something a majority of people are interested in. You want enough of a demand for your idea so that it will eventually be profitable for you. This is called niche marketing- targeting a particular market and not trying to sell many different products to many people.
Go to several major search engines and type in these words "word popularity search."
You should get a list of websites which offer a free service where you can type in several keywords for your area of interest, in our case, any keywords such as African macaw and diet/toys/illnesses etc.
The website will then return the popularity of those keywords by telling you how many people searched on those terms at their site or on the major search engines. If you can count on your hand the number of people who are looking for your keywords, then there may not be much of a demand for a product centered around your idea.
4) Is your idea totally original? Most likely someone before you will have had that idea and will have created a website about it because there are literally millions of websites out there.
What you want to do now is again go to any of the major search engines and type in several of the keywords relating to your idea. Up will come a list of websites, some of them will be major competitors to you. Pick out a few that rank high on the search engine and write them down.
Now go back to the search engine and type in the words "traffic ranking" and you will get a listing of websites that when you go to them will give you the ranking of those websites you just wrote down.
By ranking I mean the popularity of that websites against all the other websites on the internet. This is by no means 100% accurate but it does give you an indication out of millions how popular the website is that relates to your idea. You can even get details about the number of visitors to the website and the number of page views for the site.
5) So you have come this far and found some websites ranking high in your area.
Most of them will be of two forms: either competitor websites selling products similar to your intended product, or Portal sites.
Portal sites generally don't sell anything. They usually have a bunch of links and advertising on them and sometimes have some good content. The more portal sites in your target area the better, up to a point.
Important points:
When you search for your keywords on a search engine, you don't want it to return a million search results. Your market may be very oversaturated. But having Portal sites is a good sign. You can use these sites later to help build your business.
Similarly, when you do a keyword popularity search as in Step 3) above, you don't want hundreds of thousands of people searching for the same product. There is too much competition.
6) Now just because a website is popular or ranks high doesn't mean that it is profitable.
How much could you potentially make with your new idea if you converted it into a product and developed a website around it? Simple. Go to any of your competitor's websites. Check out their products and their prices.
If they have been around a while (this can be verified by doing a "whois" search for their website to find out when their website was registered), then most likely they have established relationships with customers who have bought from them in the past. People have paid money for their products - they will most likely buy from you as well if you sell a similar prod
Business coaches need to be excellent listeners and hearers. During business coaching sessions, considerable time is spent with the coach asking questions and then listening to responses from those people being coached. And what business coaches hear many times are client confessions of what they have not been doing or what they have not been doing very well.Marketing is a major topic of business coaching sessions. And the discussions definitely include confessions of what clients are not dong or dong wrong in their marketing efforts. Reflecting on what confessions I have heard over many years of business coaching, here are ten of the top confessed marketing sins from clients to Your Strategic Thinking Business Coach.1. Not consistently following-up.2. Not using strategic thinking to develop strategic marketing plans.
A.m food/diet, handling your A.m, training your A.m, A.m postcards/posters, suppliers of A.m's, breeding your A.m, secrets of long-lived A.m's (yes they can live up to 55 years!), cages/aviarys/perches, social behaviour of A.m, toys/playthings for your A.m, common illnesses of an A.m and what to look out for, different species of macaw.
Now that is a list of only twelve. You should try and come up with more for your own idea.
3) Now you have several target ideas in your area of interest. You want to test your idea now to see if it's something a majority of people are interested in. You want enough of a demand for your idea so that it will eventually be profitable for you. This is called niche marketing- targeting a particular market and not trying to sell many different products to many people.
Go to several major search engines and type in these words "word popularity search."
You should get a list of websites which offer a free service where you can type in several keywords for your area of interest, in our case, any keywords such as African macaw and diet/toys/illnesses etc.
The website will then return the popularity of those keywords by telling you how many people searched on those terms at their site or on the major search engines. If you can count on your hand the number of people who are looking for your keywords, then there may not be much of a demand for a product centered around your idea.
4) Is your idea totally original? Most likely someone before you will have had that idea and will have created a website about it because there are literally millions of websites out there.
What you want to do now is again go to any of the major search engines and type in several of the keywords relating to your idea. Up will come a list of websites, some of them will be major competitors to you. Pick out a few that rank high on the search engine and write them down.
Now go back to the search engine and type in the words "traffic ranking" and you will get a listing of websites that when you go to them will give you the ranking of those websites you just wrote down.
By ranking I mean the popularity of that websites against all the other websites on the internet. This is by no means 100% accurate but it does give you an indication out of millions how popular the website is that relates to your idea. You can even get details about the number of visitors to the website and the number of page views for the site.
5) So you have come this far and found some websites ranking high in your area.
Most of them will be of two forms: either competitor websites selling products similar to your intended product, or Portal sites.
Portal sites generally don't sell anything. They usually have a bunch of links and advertising on them and sometimes have some good content. The more portal sites in your target area the better, up to a point.
Important points:
When you search for your keywords on a search engine, you don't want it to return a million search results. Your market may be very oversaturated. But having Portal sites is a good sign. You can use these sites later to help build your business.
Similarly, when you do a keyword popularity search as in Step 3) above, you don't want hundreds of thousands of people searching for the same product. There is too much competition.
6) Now just because a website is popular or ranks high doesn't mean that it is profitable.
How much could you potentially make with your new idea if you converted it into a product and developed a website around it? Simple. Go to any of your competitor's websites. Check out their products and their prices.
If they have been around a while (this can be verified by doing a "whois" search for their website to find out when their website was registered), then most likely they have established relationships with customers who have bought from them in the past. People have paid money for their products - they will most likely buy from you as well if you sell a similar pro
I can tell you there have been times in my forty year speaking career that I really needed the business. My bank balance was abysmal, my self-esteem was on the floor and I even started questioning my value and purpose. During these times you have two choices – whine, complain, beg, give it away or any number of other demeaning behaviors or, get creative, use your pain, hunker down and try something new.A key premise to remember is that people buy when they are ready to buy, not when you need to sell. Sounding pathetic is not just a bunch of words but it is often based on a lack of confidence, belief and self-assurance. When you start to question your worth you will resonate this through your behavior and your attitudes. I’ve done it and I’ll tell you it isn’t pretty.Sounding pathetic is one of the surest ways to ensure that you cus
The website will then return the popularity of those keywords by telling you how many people searched on those terms at their site or on the major search engines. If you can count on your hand the number of people who are looking for your keywords, then there may not be much of a demand for a product centered around your idea.
4) Is your idea totally original? Most likely someone before you will have had that idea and will have created a website about it because there are literally millions of websites out there.
What you want to do now is again go to any of the major search engines and type in several of the keywords relating to your idea. Up will come a list of websites, some of them will be major competitors to you. Pick out a few that rank high on the search engine and write them down.
Now go back to the search engine and type in the words "traffic ranking" and you will get a listing of websites that when you go to them will give you the ranking of those websites you just wrote down.
By ranking I mean the popularity of that websites against all the other websites on the internet. This is by no means 100% accurate but it does give you an indication out of millions how popular the website is that relates to your idea. You can even get details about the number of visitors to the website and the number of page views for the site.
5) So you have come this far and found some websites ranking high in your area.
Most of them will be of two forms: either competitor websites selling products similar to your intended product, or Portal sites.
Portal sites generally don't sell anything. They usually have a bunch of links and advertising on them and sometimes have some good content. The more portal sites in your target area the better, up to a point.
Important points:
When you search for your keywords on a search engine, you don't want it to return a million search results. Your market may be very oversaturated. But having Portal sites is a good sign. You can use these sites later to help build your business.
Similarly, when you do a keyword popularity search as in Step 3) above, you don't want hundreds of thousands of people searching for the same product. There is too much competition.
6) Now just because a website is popular or ranks high doesn't mean that it is profitable.
How much could you potentially make with your new idea if you converted it into a product and developed a website around it? Simple. Go to any of your competitor's websites. Check out their products and their prices.
If they have been around a while (this can be verified by doing a "whois" search for their website to find out when their website was registered), then most likely they have established relationships with customers who have bought from them in the past. People have paid money for their products - they will most likely buy from you as well if you sell a similar pro
How many times have you bought an ebook that shows you how to produce money in Internet marketing? Then you actually go to the hassle of reading the ebook and perhaps even implement a couple of the ideas and then NOTHING!Before you know it, you’re whining and kicking yourself for paying out X amount of dollars on that apparent “next big fix” that would make you rich BUT didn’t!The truth is… most ebooks you buy that explain how to make “x amount of money using this technique” generally work. YES! I know there are a few dodgy one’s out there. But most are written upon REAL experience.The answer to the question of “Why most people fail online” is failure of consistency!Yep. Consistency.You have failed to consistently work on the technique. There is no such thing as a “Get rich right now” product and all techniques that
By ranking I mean the popularity of that websites against all the other websites on the internet. This is by no means 100% accurate but it does give you an indication out of millions how popular the website is that relates to your idea. You can even get details about the number of visitors to the website and the number of page views for the site.
5) So you have come this far and found some websites ranking high in your area.
Most of them will be of two forms: either competitor websites selling products similar to your intended product, or Portal sites.
Portal sites generally don't sell anything. They usually have a bunch of links and advertising on them and sometimes have some good content. The more portal sites in your target area the better, up to a point.
Important points:
When you search for your keywords on a search engine, you don't want it to return a million search results. Your market may be very oversaturated. But having Portal sites is a good sign. You can use these sites later to help build your business.
Similarly, when you do a keyword popularity search as in Step 3) above, you don't want hundreds of thousands of people searching for the same product. There is too much competition.
6) Now just because a website is popular or ranks high doesn't mean that it is profitable.
How much could you potentially make with your new idea if you converted it into a product and developed a website around it? Simple. Go to any of your competitor's websites. Check out their products and their prices.
If they have been around a while (this can be verified by doing a "whois" search for their website to find out when their website was registered), then most likely they have established relationships with customers who have bought from them in the past. People have paid money for their products - they will most likely buy from you as well if you sell a similar pro
Corporate management system comprises statistical forecasting methodologies, data mining techniques and optimization approaches. It helps in marketing, sales planning and operational activities. CPM identifies causes of performance issues, analyzes emerging trends and tracks business solutions. The marketing department in a business applies corporate performance management to develop better products, assess the results and understand the targets. The credit department applies CPM for reporting and analysis in creative ways. Human resource departments use CPM for analyzing workforce and adopting salary decisions.CPM provides a collaborative planning process that connects business strategies and business measures. Individual performance can be measured through CPM. CPM identifies areas of opportunity in a business through goal seeking methodolog
Similarly, when you do a keyword popularity search as in Step 3) above, you don't want hundreds of thousands of people searching for the same product. There is too much competition.
6) Now just because a website is popular or ranks high doesn't mean that it is profitable.
How much could you potentially make with your new idea if you converted it into a product and developed a website around it? Simple. Go to any of your competitor's websites. Check out their products and their prices.
If they have been around a while (this can be verified by doing a "whois" search for their website to find out when their website was registered), then most likely they have established relationships with customers who have bought from them in the past. People have paid money for their products - they will most likely buy from you as well if you sell a similar product of equal or greater perceived and real value.
7) Once you are established in your target market, you may want to expand the target market to include related products.
Going back to my African macaw (can you tell I like them?), if I initially sold the best macaw bird cages, I may wish to grow my business by also selling the best food and parrot mix for macaws or by selling posters of different macaw species.
Growth of your business is essential for long term survival. This is another aspect to consider when entering a targeted market. You don't want it to be a fad.
There are two excellent ways to find out if there is a market for growing your niche:
a) perform a keyword popularity search (as in step 3 above) for related targeted keywords. If there is a demand for related ideas, you're in luck for future growth. If you're struggling to find related keywords, go through another brainstorming session or perform a internet search for "keyword mapping" for sites that will assist you.
b) look at what other competitors are selling. It's a good bet that if they are ranked high and they have expanded their niche, then there is a demand for what they are "selling."
In summary, you want the following characteristics for an idea which can turn profitable:
- targeted for a specific market - idea can be turned into a popular product - intended target market is not oversaturated - price for potential profit forecasts. - room for expansion/growth.
All the best for profitable idea hunting.
copyright 2006 by Charles Hagan
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.articledump.net/article/50544/articledump-How-To-Research-An-Idea-For-Your-Internet-Business--7-Simple-Steps.html">How To Research An Idea For Your Internet Business - 7 Simple Steps</a>
BB link (for phorums):
[url=http://www.articledump.net/article/50544/articledump-How-To-Research-An-Idea-For-Your-Internet-Business--7-Simple-Steps.html]How To Research An Idea For Your Internet Business - 7 Simple Steps[/url]
Related Articles:
Communication - Your Key To Success
Make Your Mark: 3 Steps to Turn the Ordinary Into Extraordinary
Writing A Great Abattoir Business Plan
Bookmark it:
|