Test Marketing a New Product – Before You Create It

Written by Jim Green

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1)The concept 2)The timing 3)The perceived benefits 4)The sales pitch 5)The price

I could use more specialized methodology to find out what I need to know but at this stage in development a piece of wacky marketing won’t hurt.

Call it what you will but I reckon it’s a form of inverted thinking: turningrepparttar project upside down and starting back to front; first sales pitch coupled with research, then product creation.

And an amazing thing happened as I was craftingrepparttar 140513 web copy…

My project began to take off in disparate directions, adding new dimensions I hadn’t even considered before, and presenting me with additional challenges to devise an even better product.

Will my wacky marketing work?

I can’t be certain - but you know what they say - nothing ventured, nothing gained.

You may view my idiosyncrasy if you wish atrepparttar 140514 website featured inrepparttar 140515 resource box below.

Jim Green is an online enthusiast and bestselling author with an ever-growing string of traditionally published niche non-fiction hard copy titles to his credit. View his test marketing experiment at this website: http://howtobecomefamousonline.howtoproducts-xl.com

The Most Important Thing You Can Do For Your Online Business: Planning

Written by Michael Tee

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3)Development This is where you will write down how you want your business to be inrepparttar future. Regardless of what stage you are at, you should include a vision of what you want your business to be. This could be done by setting up a series of goals which you intend to accomplish over time to achieve that vision.

4)Financials Your internet business would certainly incur expenses. Keeping and recording a set of accounts of your business is important as it tracks all your income and expenditures in detail. It can tell you if a certain marketing strategy is giving low returns or making high profits, helps you determine your monthly budget and net cash flows and also helps you decide if you should cut costs or to find a way to increase income. All these would go a long way in helping you manage your cash flows.

Once you have written down your business plan in detail, you will be amazed at how often you refer to it. It helps you stay focus on what you are doing as new business opportunities will always appear at your doorstep may tend to distract you. It helps you make best decisions when faced with problems or choosing where you should spend your money inrepparttar 140486 process of expanding your business.

Michael Tee is the webmaster and owner of http://www.ebizmodelsyoucancopy.com/. Visit E-Biz Wiz Blog for proven ideas, tips and information on starting your own Internet Business and subscribe to the 12 Day Internet Marketing Success Course at http://ebizmodelsyoucancopy.blogspot.com/.

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