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22 Feb 2008 03:51:01 | Matt Bacak
If you decide to start an online business and if you are looking
for a product to sell, then you must ensure that you use the
correct criteria's for your next step. Choosing a product
sometimes it might be difficult, but you also need to ensure
that if you are going to use direct sales or other
opportunities, you need to be allowed to:
- Use your own way to sell the product. Big companies that are
selling products usually don't allow you to sell their products
using other ways than their standards. - Customize your own
website and your own promotions. Most of the companies do not
allow you to create your own website for the company, but they
may allow you to crate your own advertising campaigns. When you
create your marketing plan, pay attention to be in complete
control because best is to have your unique website and target
different markets to sell your product. - Most important is: THE
MARKET and not THE PRODUCT - you need to understand that to sell
a product you need first to have a market because there you can
find clients. Better is to forget about the best product to
start with and focus for the market. Never start by trying to
decide what products you're going to choose for selling online
because products don't buy from you, people do! So, first focus
on a target market of people. - Find out if the market is
passionate about the topic - and more importantly if they pay
good money to pursue their interest. Do not try to sell to
people who may be passionate for their interest but their
spending is almost zero. Focus always for people who spend more
regularly on their interest. - Find where the market is situated
- look over message boards, email groups, online newsletters.
See what they are talking about. Today a easy way is to look for
public groups and forums (search in Google for: ˇ°forumsˇ± or
ˇ°message boardsˇ±). Yahoo and Google provide free groups where
people can discuss about their needs (check out:
http://groups.yahoo.com and http://groups.google.com) - Discover
the problems your market have - try to see what problems you are
able to solve. Build an online survey and invite them to take
part and to ask you questions about their interests. - Know what
you want to achieve before spending a penny!
According to the Wall Street Journal, only 14% of small
businesses have an annual business plan in writing, and 60% have
no plan on paper at all. Considering that a business plan is the
precursor to a marketing plan, it stands to reason that even
fewer businesses have a marketing plan. That's good news for
you: if you take the time to create a marketing plan, you will
stand head and shoulders above your competition. You should have
a marketing plan BEFORE spending any money on advertising or
promotion. You may get great deals on advertising, but if it
doesn't fit your objectives, you are wasting your money. The
fact is that you need to understand the needs of your people who
are buying from you in order to sell them the right products.
About Author :
Matt Bacak became "#1 Best Selling Author" in just a few short
hours. Recent Entrepreneur Magazine’s e-Biz radio show host is
turning Authors, Speakers, and Experts into Overnight Success
Stories. Discover The Secrets To Unleash The Powerful Promoter
In You! Sign up for Matt Bacak's Promoting Tips Ezine ($100
value) just visit his website at http://www.powerfulpromoter.com
or http://promotingtips.com
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