Finding the GOLD!!! G'Day from the kitchen table of Scott Wilson Time to deliver on our promise of hot and usable information to help you learn and grow an online business. Did you know? Most people who start an Internet business usually come up with a product idea, spend months creating it, spend heaps doing it and then take it to the market. Does this sound familiar to you? Then they wonder why the people aren't bashing down their door to buy it! Have you ever heard the saying 'Build it and they will come?' Well not so with the Internet! First you must find out if anyone is even remotely interested in your new product. There are many ways to get this information. Here are three ideas for you... 1) Go to http://inventory.overture.com/d/searchinventory/suggestion/ and you can find out how many people have actually typed in the key words and phrases that relate to your product idea. 2) Go to Google and type in the most popular key words and phrases you found and see what if any sponsored links appear on the right hand side. This will tell you if there is competition out there trying to sell to this market. 3) If you find similar sites to your idea then go to them and see what they have to offer and start researching the various price points, product differences, and see how you can improve on that. Next week we'll cover the next steps you need to take to identifying a hot market for your product idea. By the way, if your first idea isn't the winner you thought it was, come up with a new idea and repeat steps 1 to 3, again. Good luck with this idea, please let me know your feedback at mentors@internetsalesmentors.com |
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