Million Dollar Idea Maker.

Written by Gary Durkin


An article by Gary Durkin © Copyright 2005 - All Rights Reserved worldwide.

We’ve all seen some absolutely fantastic products, services or systems which are incredibly hot profitable money-spinners, and many of us have often wished we had thought of it first.

But just where dorepparttar ideas come from? How dorepparttar 102821 creators come up withrepparttar 102822 products and concepts?

Surely it’s based on massive research and development, huge capital investment, public scrutiny, market assessment - and that’s just a start.

WRONG! Whilstrepparttar 102823 above may be true of some products, services, systems, ideas and so on,repparttar 102824 absolute best don’t involve any such in-depth planning - far from it.

I’m going to reveal to yourepparttar 102825 secret of how some ofrepparttar 102826 biggest, best and hottest ideas are conceived. - and how some ofrepparttar 102827 most successful ever product ideas, were positivelyrepparttar 102828 simplest.

Don’t get me wrong, product testing and market analysis is still very important, but completely pointless until you have clambered overrepparttar 102829 initial hurdle of ’thinking up’ a product.

Let’s look at a couple of brilliant examples of a product which is a world-wide name and multi-million dollar profit centers,

Firstly, just about everyone on knows about Duracell Batteries, and how they came from nowhere, and trouncedrepparttar 102830 competition virtually overnight.

Was it because their batteries were better thanrepparttar 102831 competition? No, not really….. Not in general terms. Butrepparttar 102832 marketing people behind Duracell came up with not one, but TWO pieces of absolute sales and marketing brilliance.

Firstly, they looked atrepparttar 102833 competition,repparttar 102834 market-place,repparttar 102835 mode and method of battery sales, then compared their product side-by-side with other leading batteries. It seemed that their battery was just as good asrepparttar 102836 rest, or at least as good asrepparttar 102837 market leader.

But inrepparttar 102838 marketing world, trying to sell a product onrepparttar 102839 basis of “It’s just as good asrepparttar 102840 rest” - doesn’t really work.

They needed an EDGE.

During comparative product testing, it revealedrepparttar 102841 Duracell was in fact, better thanrepparttar 102842 leading battery, in a particular way. They had discovered that Duracell batteries lasted longer, much longer thanrepparttar 102843 others….. during ’continuous use’.

EUREKA! That was it! They had found their edge….. The marketing angle….. The secret weapon.

So now, we all know that …. “ Duracell lasts longer any other battery during continuous use “…..

They had found a NICHE inrepparttar 102844 battery market……. ‘continuous use’.

Why is this so important? Simple. Most people who use products which require batteries, seldom actually userepparttar 102845 product (and thereforerepparttar 102846 battery) for long periods, i.e. continuous use - but rather use them in shorter, regular periods - like flash-lights, electric door-bells etc.

But that was of little importance - they marketed heavily onrepparttar 102847 ’lasts longer… ’ concept - withrepparttar 102848 funky little Duracell Bunny going on, and on, and on… and on……..

Duracell were not misleading anyone - they were completely truthful in their advertising, and with it, became a virtual household name overnight.

BUT - they also wanted a second scoop ofrepparttar 102849 market, and devised yet another unbelievably simple, but so effective concept….. of gigantean proportions. What was it? Sellrepparttar 102850 batteries in PACKS! Simple but Brilliant!

Many readers may not recall, but before today’s multi-packs of batteries, they were simply sold loose, separately, individually. If you wanted just one - you went torepparttar 102851 local store, and purchased just a single battery.

Now, Duracell decided to sell in multi-packs, and that wasrepparttar 102852 only way to buy their new batteries. No singles. Period. Instead of selling one at a time, they sold FOUR At a time. Battery for battery, againstrepparttar 102853 competition, they blew them away.

The multi-packs have another great side-effect. Some products which require batteries, need perhaps just one, or maybe three batteries, leaving an odd number of batteries left inrepparttar 102854 pack for future use. Next timerepparttar 102855 consumer needed to replacerepparttar 102856 used batteries inrepparttar 102857 product, they went torepparttar 102858 drawer, and noticed perhaps that there were ’some’ Duracell batteries left, but not enough. Sorepparttar 102859 consumer had to purchase more. And if they had already looked at Duracell’s, and had some Duracell’s left to use up, what are they likely to buy? You getrepparttar 102860 idea.

Real Estate Investors And The Internet

Written by Mark Walters


The Internet is a powerful marketing tool, but just how can a real estate investor makerepparttar best use of Web pages?

We've spent some time experimenting with Web sites and we've found a couple of ways that they can be useful.

First.. we just don't believe you can effectively use Web sites to find motivated sellers. It least you can't find them consistently. How many motivated home sellers do a Google search for "fast home buyer"?

We have two Web sites. Web site #1 serves two purposes...

First it acts a brochure. It explains that we buy and sell property and cash flows of all kinds. It revealsrepparttar 102820 names ofrepparttar 102821 principal players in our company. It gives our address, phone numbers and email addresses.

We placerepparttar 102822 URL for this Web site on all our promotional material... letter head, business cards, flyers, newspaper ads, etc. It does not produce home sellers, but it does help to establish our credibility with sellers we find through other means. They can checkrepparttar 102823 Web site and learn we are real people with a real business.

The second task that Web site #1 performs is to presentrepparttar 102824 homes we have for sale and for rent. We create a page for each with well written copy that containsrepparttar 102825 property's address.. and nice photos ofrepparttar 102826 house, yard, nearby parks, shopping areas and schools.

Cont'd on page 2 ==>
 
ImproveHomeLife.com © 2005
Terms of Use