If ever there was a time when people are looking to get out of the hole that this economy has gotten us in, it’s NOW. Many very intelligent and savvy people are out of work and can’t find a job in their industry, and so more and more people are turning toward looking at home based business opportunities to make their mortgage and car payments on time.I hope that you’re not in that position, and if you are I’m very sorry to hear that.If you’re not, and you’re looking for home based opportunities to supplement your income and get ready for the coming storm of economic turmoil, then I commend you.Either way, here’s the good news. These opportunities are out there. They do exist, they are real, but sometimes you just have to do some digging to find the ones that are real and not some sort of silly hoax to get you to turn over your hard earned money.Let me just say that I hope that you’re already past the point where you’re looking at mystery shopping, taking surveys, and oh my God… stuffing envelopes. Do stuffing envelope ads even exist anymore? If so I can’t believe it!It’s time to be realistic here. If you have any chance of getting your income level to a point where you can sustain your lifestyle, and hopefully beyond, then you MUST be looking into the home based business opportunities that are real, and actually include selling real products to real people.You see the fact is that if you’re looking for a home based opportunity that’s going to allow you to earn money, then the faster you realize that you’re going to have to work and work just as hard as you see the guy at the butcher, or the roofer, or the guy who comes and does your landscaping, or the woman who does your taxes. It’s a business, and if you want to be successful with it, you MUST treat it that way.So don’t be fooled by easy money claims. Don’t even pay attention to easy money claims at this point. You’ll have to work, but you CAN earn the income that you earn at your job and then some, and the good news is that it does get extremely easier as time goes on.It all depends though on where you begin your search. If you have the frame of mind that I’ve just laid out then you’ll at least have a solid foundation of which to begin your search.Next you’ll want to think about what types of products or services that you’re comfortable selling or performing. You’ll want to look at trends and where the world is heading.In my eyes, and in my opinion, right now is a great time to look into selling health and nutrition. Whether you went into it as a health counselor, or someone who simply sells products that keep people healthy, you’ll likely have a great chance at success with any home based business opportunity that you look at.Why? Because first of all the world is aging. Baby Boomers are hitting retirement age each and every year by the millions and will be for the next decade or so. These are the people who have worked hard their whole lives, have earned some money, and now don’t mind spending it on products that are going to keep them here for a while to see their grandchildren grow up.Add to that the fact that with health care policies that are lurking and breathing down our necks, all people will have to focus on staying well more than ever before in history. And the fact that 500 Billion Dollars is being taken out of Medicare to cover the health care bill costs, those millions of people who rely on Medicare will also be looking to sustain their health more than ever.So if you’re looking for home based business opportunities that will be bountiful in the future, as well as RIGHT NOW, then health and nutrition would be where I as a home business professional for the past two decades would recommend you look strongly at.
Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up
One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.
However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.
Your product creation system should do this for you if only to help you to understand the overall task.
But why?
In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!
So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)
The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.
Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.
Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.
By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.
You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.
Effective Marketing Strategies in Product Creation
Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.
If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.
Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.
For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.
No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.
There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.