The key
ingredient for creating and growing a successful online business
is very, very simple
Sell
what people WANT to buy.
Don't
find a product and then try to find a market to sell
that product to. Find a market that needs a product and
then create a product or service to fill that need. This
is your key to a successful product or service. I see too
many people coming to me with the "ultimate product", or so
they say. Well, it may be the ultimate product to sell, but
if you can't target the market that wants to buy it, you
are out of business. When I say "you can't target the
market online"
they don't understand.
The beauty
of the Internet is that it is built on pretargeted markets.
What I mean by that is that certain interest groups "hang
out" in certain areas of the Internet. For example, you will
find skiers at skiing email discussion lists, skiing newsgroups,
skiing ezines, skiing related websites, etc. The point is
it is easy to find skiers online. If you were selling a product
that all skiers "wanted" (notice I said, "wanted", not what
"you think they want" or "what you think they need").
In direct
mail, magazine advertising, etc. you pay large sums of money
to get a targeted market
on the Internet you can reach
this targeted market for very little cost.
So if
you have a product or service that has a target market that
is hard to find online, you will have trouble selling your
product online no matter what you do.
So think
about this carefully
do you have a target market who
is easily definable? ( i.e. try to find a customer that is
interested in hunting is easy, try to find a person who is
interested in curing his cold is very hard)
Another
major factor that you have to consider is whether or not your
target market can afford what you are selling them (i.e. if
you are trying to sell a $200 credit repair kit to people
with bad credit, you have a problem).
I don't
think you realize that what I have just given you is the
KEY TO SUCCESS!
What
is that key you ask? Find a market that is easy to reach
and then find a need in that market that you can fill.
This
is the easiest way to success and almost EVERYONE OVERLOOKS
IT!
Think
about it, why do diet Infomercials work
why does exercise
equipment sell
because people want to be thin! They
don't "need" to be thin, they "want" to be thin. People want
these "solutions" to their problems and they buy them
plain and simple.
By the
way, I am not suggesting you start a diet product or sell
health equipment, I just wanted to give a good example. Also,
if you want more examples and more information on picking
the right product, you should check out our Insider
Secrets Course, if you haven't already, as it will provide
you the help you need to get off the ground and get you making
money, even if you don't have a product to sell!