The Importance of Market Research Before Launching a New Product Or Service Online

Those interested in the online world as a platform often spend a good part of their preparation to find the ideal product to sell online. They want a product that sells easily and generates comfortable profit margins. Let’s not waste more time: such a product does not exist. The problem is that these people are asking the wrong question.

Internet marketing is not about the “best product” nor “the best type of products”. We must take the problems in the other direction and ask ‘to who am I selling? ” If you first choose the product, you’ll have to define a strategy in relation with this product and create a site around that product. It is therefore obvious that if the product is not a success, everything should be restarted from the beginning.

Remember that your goal when selling online is to persuade a prospect to buy a product. Choosing the prospect in question is therefore your first goal when trying to sell online and for several reasons. First, these prospects are people that you know the characteristics – since you’ve a product that might interest them and with whom you want to work and spend time. These are people you know and understand. You know how to approach them and how to treat them. You know how and when you can continue to argument and when you have to shut up.

Because if you know these people, you can easily determine what they need, and your choice of product is therefore obvious and immediate. What’s more, you know that your prospects will be interested in the product.

You should ask the following questions:

– Who do you want to talk?

– Who do you want to spend time?

– What types of people you drive?

Answer these questions as accurately as possible. Now that you know who you are talking, you also know how to show them what you have to sell You know their needs and you can even talk with them to get their views on ideas. Your target audience will be more precise, the more you narrow your niche, the more you are likely to succeed because you will then be in a strength position, knowing perfectly the market, prospects and having the product that responds perfectly to this group.

How to create a new product for a new audience? Well its not very hard. Use tools like Wordtracker or Keywords Discovery to find what people are searching for. Once you find what people are looking for online try to develop a product that might interest these people. That way you assure your product to be successful when you laugh it. Why? because you already know that there is a demand for such a product or service. The key to make money online is to target the right audience with the right product. Plain and simple. So why many internet marketers fail online? Because they are not making market research before launching a new product or service.

To Your Success!

Do you want to learn more about Internet Marketing? I have just completed my brand new guide to Search Engine Marketing Success: ”How To Consistently Drive Thousands Of Targeted Visitors Every Day With Search Engine Optimization”.

Which is Better Physical Gold or Digital Gold

Gold has been a popular go-to asset for Indians for several decades now.

And why not? It is perhaps one of the few assets that does not lose its value over time.

However, this asset is mostly held in physical form – jewellery, bars, and coins – which gives rise to several challenges regarding storage and security.

Accordingly, many investors have been looking for a better alternative and have managed to find an ideal match in digital gold.

Which is Better Physical Gold or Digital Gold
There is a lot of speculation among investors concerning whether digital gold can emerge as a better alternative. Of course, the answer to this question is subjective. Then again, it’s suggested to take a close look at the difference in concept and approach towards physical and digital gold investment to gain a better idea.
Digital Gold Investment
Digital gold is a new age investment instrument that allows you to invest in 24 Karat purest gold, which is then stored in MMTC-PAMP’s secure vaults under your ownership. If you wish to take possession of the same, you can redeem digital gold for 24 Karat/ 999.9 purest gold coins and ingots from MMTC-PAMP. MMTC-PAMP is India’s leader in digital gold and you can buy digital gold online through our trusted partners like Paytm, PhonePe, and GPay. You can also reach out to your relationship manager in firms like Aditya Birla Capital, HDFC Securities, Motilal Oswal among others to manage your digital gold investments.
Gold coins and bars have been India’s most trusted investment instrument across generations, and for good reason. Reliable and convenient, the value of gold has increased enormously over the past few years, which makes it an increasingly lucrative option to store and compound. Gold prices have gone up more than 50% just in the last 3 years!

7 Tips On How To Launch A Product

Launching a product is a fun way to earn money online. You’ve just spent time creating this great product and you’re ready to help others with it. So now all you need is the right way to launch your product so that you get maximum views and convert your website visitors to customers. If you’re new to launching a product, then you can use these 7 tips to give your marketing efforts maximum impact and generate a good return on investment.

1. Ensure that every aspect of your website is working properly. Load your product onto the website and then make sure that the checkout process is problem free. How many product creators are left red faced when they discover that their download isn’t working when it goes live? It’s then a scramble to get it sorted. Check everything before you launch to ensure that your customers do not experience any frustrations. They will remember.

2. Put articles out into the blogosphere. Write articles every week and post them everywhere you can. Use article directories like EzineArticles, Go Articles and guest post wherever you can get a spot. Aim to generate as much buzz as possible for your product launch. Get your campaign noticed by others by posting articles to grab their attention.

3. Comment on other blogs. Sign up to be notified about new blog posts and stay in touch with the latest developments in your niche. When you see a new blog pop up from someone who gets a lot of traffic, go and make a comment immediately, adding to the discussion. Keep your comment concise – it should not be longer than three short paragraphs. If you write a book on the person’s blog, chances are that people will overlook it. The reason this strategy is effective is that you want to be close to the top of the discussion comments so others will see the value in your comment and visit your website.

4. Use the social networks. Tweet it often. Tweet it a few times everyday during your launch so you receive traffic to your website. Twitter users often scroll right over some tweets so space yours out across the day to catch them at different times. Talk about your product on Facebook too and post excerpts or advice to your followers there.

5. Post in forums. If you’ve joined some forums online, change your signature to a catchy headline based on your product with a link to your page. You can have a copywriter come up with a post for you to include in the forum if they allow you to make offers to others there.

6. Advertise on major networks. You can advertise on Google and on popular blogs. There’s a lot of discussion about advertising, but there’s no doubt that it does work. Businesses wouldn’t buy it if it didn’t bring some return on investment. The key is hiring someone who can write an effective headline for your ad that grabs attention. Alternatively, you can write it yourself. Split test the ads to see which one is the best performer and tweak it during your product launch. Don’t give up. Persevere until you get the right headline that draws people into your website so that they buy your product.

7. Write case studies and press releases. People love case studies. You can even post these in article directories. Post your press releases into all the databases that will accept them. When launching your product try and get as much media attention and social proof as possible.

These 7 tips will ensure that you get maximum impact when launching your product and so generate increased income for your business.