Effective Marketing Strategies in Product Creation

Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.

If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.

Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.

For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.

No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.

There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.

The Three “Rs” of Real Estate Investing

Expert real estate investors, Rick McKinnon and Leslie Quinsay, have a property portfolio that proves anyone can still make a fortune by investing in real estate. McKinnon’s and Quinsay’s new book, R3: Real People with Real Strategies for Real-Estate Investing: Developing the Mindset for Success, explains their strategy in words that even a layman can understand and shows you how their proprietary strategies can work even in today’s unstable economy.

The three “Rs” of real estate investing include Real people (with the right attitudes), Real strategies (for investing in this or any other real estate market) and the basics of smart investing (how to make the actual decisions that will build your wealth). Rick’s and Leslie’s book is a fascinating read – peppered with personal tidbits and incredible insights that will change your thinking about purchasing real estate to ensure your financial success.

Rick and Leslie are friends, business partners and co-authors who inspire each other to succeed. Together, they’ve written R3: Real People with Real Strategies for Real-Estate Investing in an effort to help others achieve what they know is possible from their own successes. Rick is president of Real Estate Investment Solutions, a consulting firm that focuses on helping others identify real-estate investment opportunities. Leslie is president of Meridian Commercial Investments Inc. and her expertise is the acquisition, management and development of real estate and turning them into excellent investments.

Together, McKinnon and Quinsay have written a unique and informative “how-to” book that can teach anyone the strategies for developing a winning mindset necessary for successful real estate investing. Unlike most how-to books, R3: Real People with Real Strategies for Real-Estate Investing doesn’t read like a text book. Rather, it’s a book that not only focuses on the successes to be had – but also mistakes that can happen and how you can learn from them.

When it comes to any type of investing, the more knowledge you have access to – the better chance you’ll have for success. In Quinsay’s and McKinnon’s book you’ll learn the advantages of “property passion,” building a mindset that will bring you success, how to build your portfolio and where the best investment bargains can be found.

Rick and Leslie also include chapters in R3: Real People with Real Strategies for Real-Estate Investing about how to evaluate property and what to look for in financing and joint ventures. Property and tenant management are important aspects of real estate investing and McKinnon and Quinsay give you a clear cut plan for success in those areas.

You’ll also learn how to build a team of success-oriented people to help you achieve your dreams of financial triumphs. And R3: Real People with Real Strategies for Real-Estate Investing: Developing the Mindset for Success doesn’t leave you there. Rick McKinnon and Leslie Quinsay provide clear cut directives in their book that will put you on the path of growing wealth beyond your dreams.

A Guide on Successful Product Creation and Internet Marketing

Product creation in Internet marketing is getting stiffer and stiffer nowadays owing to tough competition between Internet-based businesses. Putting up a new product requires plenty of brainpower and finances along with an ability to take risk. With that, even if you have the product well-set already, you have to position it strategically in the Internet landscape for others to notice. You should get the interest of Web users and turn them to actual customers. Aside from the usual physical products, many different products that thrive well on Internet marketing include E-books, membership sites, and video lectures.

The long and difficult process of product creation begins with ideas. They are easy to get – compared to the effort that comes with analyzing the market for that idea. Before the idea turns to a product, businesses often spend money, even amounting to millions of dollars, to ensure the success of the new product that emerges from an idea. Businesses undertake many types of market research and surveys before releasing their products to the public. Now, you may think that because your business is small, you can’t afford research or you don’t have to do research; you can and you should. The Internet allows you to disseminate materials needed for your market study to many people at once without your having to spend a cent.

It is a common maxim in business: Look at your destination first before mapping out your journey. So what are the goals you intend to accomplish with your product creation ventures? The everyday travails of your business may make you forget the end in sight. On the other hand, prepare to entertain new developments that come to your mind in your product creation. Your conception of a product may have started this way, but a few tweaks here and there along with some market research results and it ends up another way. Take it as the result of a creative process, not as a failure to reach your goal. After all, your product creation activities are intertwined with a long-term goal that you should strive to sustain at your utmost: profit generation. So if your less profitable initial idea evolves to a more profitable product, be thankful!

With your product made up already, start doing some aggressive Internet marketing. A product purchase typically comes after more than five times a customer is exposed to an informative call-to-buy message. Thus it is important to get the contact details, like the e-mail address, of potential customers who are on the brink of a sale. Use the results of your market research to determine the demographics to which you should concentrate your marketing efforts.

With consistent product creation, you can make an inventory of your products that you can market in due time. Just keep making products – the moment you succeed in making and marketing a product, customers are surely wanting more from you, so give it to them. Keep them on your side through constant product creation.