Best Products for the Internet
Below is an outline for deciding on what product or service you will be trying to sell or market. Although you don’t have to heed the advice below, it can greatly increase your chances of succeeding on the Internet and, most of all, make you money.
Here are three extremely important factors in your decision about the product or service you are trying to make money with:
- Is this something you will enjoy working with?
- Is this something people will be willing to pay money for?
- What is the competition like for this product/service?
The first question is up to you. Although it isn’t absolutely necessary to enjoy working with your offering, it drastically increases your chances of success. This is especially true if you get a slow start. Nothing like making little or no money in the beginning to take away your excitement in your new venture.
The second question is very important. You can’t make money on something that people just, franky, aren’t willing to pay for. A good way to to do some research on this is to ask people you know that might be part of your target audience. Make sure that they would be willing to pay for this product rather than ask them if they like this product. After all, I see many things that I like every day, but do I buy them. Not usually.
Another good way to research this is to do a keyword search at google to see what people are searching for. If people are not searching for your product, there probably isn’t much demand for it. Also, here is a site that I strongly recommend for search engine advertising. The site is wordtracker.com. They do have a free trial that you can use to get started. Wordtracker.com can show you how your site holds up in keyword searches and helps you optimize your selections. This is invaluable if you intend to do any advertising with Google.com, which I STRONGLY recommend.
Lastly, you need to have some awareness of the competition for this product or service. Try doing another search on Google.com for your product. What are the first 10 or so sites listed? Are they competitors to your product/service? You may want to leverage your results by differentiating yourself in some way from their offerings that will allow you to stand out.