Business Buzz

Marketing Information Products

How do you market your information products? You can write and sell e-books on raising pet snails. I’m sure there are people out there that raise pet snails as a hobby and would be interested in your e-book. The problem is that after you’ve sold your e-book to those three people you’ve exhausted your market. This is the last article in the manufactured products versus information product series but it’s the place you must start. Marketing starts with research and product selection. Target a BIG market and pick an idea that market is interested in learning. Why do you think there are so many diet and money products available? The way I start my research is by finding out what people are looking for in the search engines. I’ll start with an assumption, go to a service like Wordtraker, and see how many searches are done per day or per month. If the number is two or three searches per day I move on. If there are one hundred or more searches, it’s probably a decent area to pursue. If there are over two or three hundred searches, the idea may be too good and too hard of a market for me to compete. You can then create a one page web site that offers your product and run an Adwords ad with Google to get a sense of the interest. Typically for a small cost you can make an upfront determination if it’s worth spending more time on your particular information product. You can also make ad copy and price point tests using this method. Do people that see the ad click on the ad, go to your site, and actually click the buy button.

This is just one simple way to start your marketing campaign. There are hundred of articles and books, even e-books that will give you great ideas for a full blown marketing and sales strategy. Remember, once you have an information product that is selling your profit margin is close to one hundred percent. Take your time, do your homework, spend a few dollars on some simple marketing research ideas and then go make some money.

Home Based Business Trends

So what’s hot right now on the home based business front? What’s going to be the perfect business for you to make a living, earn extra cash to pay for college, make enough money for next years vacation, or help pay to keep your grand parents in a decent retirement home? The best thing going for you to answer those questions is to look at the current business trends. Trends are time independent. They help you sort through today’s fads and focus on what will be a valuable service and hence make you money for several years to come. I’d encourage you to take the time to discover for yourself what home based business trends are happening today.

The trends I see in 2005 are businesses that answer these questions:

-    I’m so busy, how can I find the time to get my housework done?
-    How can I leave a lasting memory of my life?
-    How can I make a memory of my kid’s life?
-    How can I get something that other people don’t have?
-    How can I get something better than other people so they notice me?

Home Business

A recent report of the top ten home businesses listed various home and commercial cleaning services, exercise, and tool companies. Specifically, every one of the ten was a franchise business requiring anywhere from $5,000 to $40,000 of initial investment. That’s great if you have the money and being part of a franchise is your goal. But what about those of us with little seed capital and don’t want to do any heavy duty business financing? This is where your home based business trends homework pays off.

By finding out where the bigger bucks are going you can capitalize on something that fits your budget. Take for instance that Jazzercise Inc. is one of the best selling franchises. Do you have a idea that plays into the exercise trend? Do you know of something you could sell in person or on-line for people that love to exercise? There are several vitamin companies selling supplements on-line that are targeted just for people who exercise. You can become a representative or a re-seller. I hate to go off subject here, but you need to make sure the products and the company are reputable. Don’t get ripped off.

I’m thinking right now that someone reading this article will be disappointed because I’m not listing specific businesses to start today. That is not the point of this article. The point is to get you to think about what service or product do people want or need right now that you can offer. For those that still have to have a list, here’s one to get you started:

About Bizbuzz

Information and articles on home based business and small business start-ups. In these pages you will find more than just your standard top home based business lists. You will read articles that actually help you think about your new business and guide you towards the best business for you. Home based business ideas is a good starting place for your internet research. Our articles cover top ten businesses, home based business trends, ideas on the basics of what you need to do to run your business. We also have pages on business terms and specific articles on small business and home based business ideas. Again, this site is not just lists of business but articles that will get you thinking about what you want to do next, why, and what it will cost you in time, money, and family life.

Good luck on your business pursuits. We hope that you too will be able to find the balance between work, family, money, and a happy productive life. Don’t forget to include God and prayer in the mix and you will find the success that is right for you. Be sure to come back to read about home based business ideas as we will be adding more and more articles to our database.