10 Ways To Create A Killer Product!

Written by Larry Dotson


1. Solve an existing problem for people. There are thousands of problems inrepparttar world. Create a product that can provide a solution to one of those problems.

2. Find out what'srepparttar 106475 current hot trend. You can find out whatrepparttar 106476 new trends are by watching T.V, reading magazines and surfingrepparttar 106477 net. Just create a product that's related torepparttar 106478 current hot trend.

3. Improve a product that is already onrepparttar 106479 market. You see products at home, in ads, at stores etc. Just take a product that's already out there and improve it.

4. Create a new niche for a current product. You can set yourself apart from your competition by creating a niche. Your product could be faster, bigger, smaller, or quicker than you competitor's product.

5. Add on to an existing product. You could package your current product with other related products. For example, you could package a football with a team jersey and football cards.

6. Reincarnate an older product. Maybe you have a book that's out of print and is no longer being sold. You could changerepparttar 106480 title, design a new front cover, and bring some ofrepparttar 106481 old content up to date.

Cookie Jars and the Scarcity Mindset ...How They Produce a Sales Frenzy

Written by Kris Mills


It's called "The Scarcity Mindset". As unusual as it may at first seem, it works. The more "unattainable" you make your product or service,repparttar greaterrepparttar 106474 desire is for people to buy from you.

Here are some examples that illustrate this "positioning strategy":

Example 1- Cookies

Many years ago a marketing study was performed involving two jars of cookies.

Two cookie jars were placed at opposite sides of a room. One cookie jar had three cookies in it. The other was filled torepparttar 106475 brim with over 20 cookies.

The cookies in each jar wererepparttar 106476 same. The demonstrator told a story of how tasty and delicious both lots of cookies were and asked everyone to grab a cookie.

90% of people moved towardsrepparttar 106477 cookie jar withrepparttar 106478 least number of cookies in it because they perceived that they must have beenrepparttar 106479 most popular becauserepparttar 106480 cookie jar was nearly empty.

Example 2 - Cosmetics

I have a colleague who is one of Australia's mail order cosmetic kings. He writes his own ads and inrepparttar 106481 "call to action" atrepparttar 106482 end he puts ...

"Strictly limited to 2 per customer only." This simple statement makes a consumer believe that there is a limited supply and that it is a highly valuable commodity, so they buy.

And, they don't buy just one, they often buy two.

Example 3 - Department Store

There's a major department store in Australia called "David Jones". They bill themselves asrepparttar 106483 most Department Store inrepparttar 106484 world. Whether or not this statement is actually true, they are a great example ofrepparttar 106485 art of positioning.

Their display windows are simply stunning. You walk in and are overcome by a sense of elegance. The feeling you get is thatrepparttar 106486 goods are going to be very expensive.

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