Niche Product Creation for Beginners
You must be among those who have entertained a lot of '"what
if's" in your mind. You know your strength and your
opportunities. You have been on the net and found products there
that are really not that hard to conceptualize. And yet you are
not sure how to start.
Starting on a niche product creation is really right here, right
now. The web and you.
If you have the ideas that you want to offer, those are as good
a start as anything if not search the web. Many ideas can be
taken out from there.
In whatever manner you would want to start, there are three
basic steps that need to be done. Planning, organizing and
follow up.
Conceptualizing Since you are in the best position to know what
you want, the best offering then will be what you would want for
yourself or for your associates.
You can also try your family and friends and magazines as
valuable sources. They can tell you current trends, what is hot
and what they need to have and do. Creating products that are
related to the current hot trends can give very good returns.
The web also offers many ideas for new niche product creation.
There are lots of products offered in the web that only need
improvement for it to be appreciated by a particular segment.
Sometimes these products do not address your particular concern,
excellent though they are. You can also repackage them, re
bundle them and sell them as a new product.
A good way to do this is by going to the "public domain".
Products whose copyrights have expired are posted there and you
can turn it into products that will sell.
Planning When the concept is ready, you can start getting into
specifics. Sample questions that will help you to focus your
niche product creation are: What is the objective of the niche
product creation? What purpose does the niche product creation
serve. Ask yourself questions that your customers are interested
in like; Is it for information or education, for entertainment,
factual or fictional, suitable for downloads or will it include
software, will it require updates? What will the niche product
creation do. How is it different from the other products already
in circulation. What problems will it solve. For what particular
segment of the market is it targeted. Include here the status,
age bracket, gender, lifestyles, income brackets, a single
consumer, a bulk consumer, a business, etc. All for the purpose
of trimming down your focus to a very specific target market?
Launching The next step is to get your products out of the
planning table. No matter what many people say, advertising your
niche product creation with catchy dot com names makes your
product not only invite more traffic to your products, it also
gives it value.
Careful however in choosing a website. This will greatly affect
your sales. Get a website with a single page copy on it. Multi
page websites confuses customers by the number of options
offered.
Make a good Sales Copy. The words you use, the way words are
used, the page layout and the overall presentation of the
product can turn very good products into poor sellers. Good
products suffer from poor sales copies. Follow up Few people do
this, yet this is one of the most powerful products of
marketers. Surveys. Create survey questionnaires, add
motivational materials to attract respondents, and you will be
surprised by the ideas that will be added to yours. Asking
questions can lead you to further improvements if not for a new
niche product altogether.