How to Find a Winning Product That Sells Online

You can of course earn an excellent income online promoting other peoples products through affiliate marketing. However some people want to experience the excitement of developing, launching and selling their own products online. But before you start to develop a product, be sure there is a market for it.Firstly look for an untapped niche that receives a high volume of traffic. Do some keyword research using a search tool such as Google’s to determine what traffic certain phrases receive each month. By finding out exactly what people are searching for, you may be able to come up with a product that fits their needs. Search online for similar products to assess the level of competition and the strengths and weaknesses of competitors products. You need to pay particular attention to the prices of similar products.Match your product idea against the following criteria to determine if it will be a winner before you actually spend time and money creating it:-Does your product solve a problem? Can it do something that no other product can or do something better than its competitors? How is it unique compared to whats currently available and will it be available at a cheaper price?Will people easily understand the product and its benefits? The product has to make sense to people and they have to recognise what it can do for them.Could you describe your product as innovative and totally unique? Is there nothing else on the market quite like it? Of course a product can be successful even without being totally unique, but it will still need something that sets it apart from its competition.Is your product simple or highly complex? The best ideas tend to be quite simple and make people think why nobody has offered it before. A simple product is a little easier to explain and promote to potential customers. Of course there will be times when a complex product will work well depending on the type of niche and customer you are targeting.How large is the potential market for your product? The bigger the market, the greater the potential for sales. Although this can also mean increased competition, their are still markets with a widespread appeal which still remain untapped. Sometimes you may want to address a very targeted niche with a specialized product and this can still be profitable.Will the product appeal to people and sell all year round or is it a seasonal product? The greater the earning potential with a product that is in demand all year.If you are selling online, you need to think about how easy it is to deliver your product. Digital information products which are available instantly are ideal products to sell online. Once your product is ready and your site is set up properly, your business will run on autopilot making sales all day everyday.Is the product of sufficient quality? If the quality is poor you will get a lot of complaints and returns. You will not build up a good reputation or get the opportunity to make repeat sales. Get the quality right or all your research and hard work as gone to waste.So if you have done your research properly and found a potentially lucrative niche and analysed your product idea against the criteria above, then go ahead and develop or source a relevant and high quality product.

California Kid Makes $9800 With Overnight Internet Launch

No, he didn’t cash in by saving “noobie” Internet marketers from being pushed off a cliff by a sheriff gone mad. He didn’t blog for bucks at WEC martial arts featherweight championships. Neither did he do it all in one night. For anyone worried about getting laid off or downsized he’s an example of having a vision and work ethic that proves money can be made on the internet. People living paycheck to paycheck or in fear the axe is about to drop ought to listen up.

The California Kid (CK) had a gut feeling he could get off his dad’s “allowance” program by doing something huge online. He started sniffing around for the juiciest stories by the colossal Internet marketing gurus. He lapped up their wisdom like a hungry kitten on fresh cream.

It really didn’t seem that difficult to the CK. It was a matter of motivation – like get off the proverbial “massively multiplayer online game butt” and hop to it. He settled on the idea of a membership site because it would create residual income. The membership entailed joining a club that gave you the rights to a new “turnkey” website each month that was already set up to generate income from advertising revenues.

The CK chose this model because it would have long lasting value for his clients, making it a winner for everyone. He found some talent to help him create content and graphics for the sites and then approached the owner of an Internet marketing forum with a deal.

He offered the gentleman a percentage of the sales in exchange for promoting the membership product on his forum. To the CK’s surprise the chap (a citizen of the U.K.) agreed.

Before the story continues it’s time to “fess” up. The CK was not really getting an allowance at the time – he was experiencing a decent level of success in the field of search engine optimization working for some Fortune 1000 companies. He didn’t sit around playing computer games, but he was living with his parents.

Before he went to sleep that night he told his mom about his venture but she didn’t get it. He sent out his prelaunch notice to the minuscule list he had managed to build on his own and was thrilled when he sold 2 memberships. He went to bed clutching the knot in his gut, knowing the big launch from his U.K. partner’s forum was scheduled to happen while he was asleep.

The next morning the CK opened up his email account and freaked. The membership had sold out and he had a waiting list of 400 people. $9,800 was sitting in his online account. The CK’s message for us is this: find a market of hungry people and focus on finding a product that gives them a solution to something in their life that matters. The more people you can help along your road to success, the wealthier you will become.

Want to Earn $300 a Day? The Easiest Way to Launch a 6 Figure Business Doing What You Love

Who else would love to earn amazing money doing work that you love, without gimmicks, guru’s or any online “goofiness” at all? Think you need to sell affiliate products, or build “AdSense” sites, or have to spend months studying online marketing strategies to earn a 6 figure income starting today?Think again!The truth is, the absolute EASIEST way to earn 100K a year online is through selling products and services around the work that makes you come ALIVE in the world.Coaching, consulting, teaching and training others in an area that you have experience or expertise is an amazing way to not only build your own business, but to do meaningful work in the world as well.Consider this for a moment:According to the International Coaching Federation, the average income for a full time life coach is about $100 per hour.The more you specialize, the more you can expect to earn. USA Today (the newspaper) published a story in 2012 where the average BUSINESS coach was earning over $300 per hour.I do work in my own business with spiritual coaches and professionals who specialize in intuition, psychic development and readings, spiritual service. They are often booked for weeks in advance, but can earn well above even what some of the highest business coaches command.Some of the most profitable niches are the ones you’d LEAST expect to be!The truth is, if you have experience, and expertise, and can help others excel in an area that you have true mastery, you can quickly and easily grow a 6 figure business, EVEN if you are charging a heck of a lot less than the numbers above.My own recommendation for folks who are just getting started using this marketing model?First… just START. Don’t worry about learning it all, or knowing it all, or even worry if you are good enough or smart enough to succeed.As long as you care about your clients and community, and know MORE than they do in the area in which you teach, you are ready right now.2 – Always build a list. Your ability to cultivate a community is central to your ability to profit from your expertise, and convert your community into clients, and your subscribers into sales.Last, try to incorporate 3 profit centers or streams in your business.For example?Offer inexpensive teaching or training products that you can record from home. There are simple, affordable recording services that will allow you to create audio products in an afternoon, and sell them for $10 to $97 dollarsThen, offer group coaching or consulting using a webinar style marketing model.Remember, many people can pay a small amount for one hour of your time, rather than you needing ONE person to pay a large fee which is harder to achieve when starting out.10 people paying you $30 for a 90 minute teleconference is NOT difficult a few times a week, where finding 1 person to pay you $300 every 2 days could be a challenge as you begin)Lastly of course, have a personal, one on one offer for the small segment of your audience that DOES want one to one support. There will always be people who want to “buy” your time for personal attention, and if you structure your offers well, and identify your ideal audience in advance, this can be the MOST powerful piece of your profit puzzle for years to come. (and if you are PASSIONATE about what you do, the most enjoyable as well!)