Why You Should Know The 10 Commandments Of Profit Building
The primary method of profiting from this business is creating your own info product
which solves a problem and helps the customer with something they are struggling with. The simplest way to create a new idea is to do what others have been doing for years, and improve it.
There are 1000 things in our lives that we don't see not until we need something in them. "Niches are like bathrooms; you don't notice one till you need it." -Primm (The Niche Man)
#1 The person who finds a new niche claims the cream of the financial awards.
Gates built a platform for computers to operate on and made billions. Someone made pulpless orange juice.
It's shocking at how few books are written on the subject of niche buildings. An under marketed niche is worth a billion dollar marketing campaign.
#2 The best niches are built on the foundations of success.
A niche is a new idea, but it is marketed on a foundation that has been proven successful. Never believe that the latest product is all you need. You also need a brilliant marketing platform.
#3 The most recent product is an older one that has been adapted.
The easiest way to generate a new idea is to do what others have been doing over and over again, and improve it. Adapting a current product to resolve more problems and increase additonal value for the money.
#4 The best method to have more profit is by increasing to a current product.
The best selling product can be enhanced by adding something to it. This is a twist on the adaptation principal. Both adding and adapting products that are currently big sellers is one way to increase profit.
#5 Two is always better than one.
Combining two products that compliment one another is a method to allow business owners increase the price of both even if the two products are currently on the market. Convenience sells. People would prefer to buy a product that is adapted to enhance its effectiveness, has something extra to increase value, and then is combined with something that improves is usefulness.
#6 Customize the product.
To give too much choice can loose the sale. Nevertheless, to offer a customized program will boost the sales. A company that sells how to start a business' products can increase sales by directing customers to work from home, small business, and big business packages.
#7 Give people a chance to grow with the product.
People dislike to make changes. That is why computer programs have plug-ins, expansions, and upgrades. In reality, it would cost nothing to package the original program in every new version. However, it's possible for people to change products if they believe that they are getting a whole new package. However, loyalty is built if they believe they are improving their tried and true' product.
#8 Entertainment sells.
Entertainment has grown to be a main focus of our culture. Many people need to be entertained, amused, or fascinated before they will consider to spend their money. A relaxed customer spends more. A few tools' that entertain customers before they buy can make a big difference when it comes to their attitude when hit with the buy now' decision.
#9 Guarantees and Promises sell.
Consumers want to know how long their product will last and what they can expect. If people can expect to live longer, happier, wealthier, or with less work, then they will buy the product.
#10 Freedom
People hate to be tied down. They are always looking for anything that will break their chains and set them free.
Bringing together as many of the 10 commandments of Profit Building will help business owners increase their bottom line, and improve their own wealth.
Why You Should Know The 10 Commandments Of Profit Building
By: susanong
What are the Features of a Best Email Marketing Software? How To Find Targeted Scientific Marketing Services Mizzen Media: The Advantages Of E-mail Marketing By Mizzen Media Stockmarket Investment And Nuances China's Mandatory Standards Promoting Stationery Industry to Get A Firm Foothold in International Market The Unconventional Oil and Gas Market Outlook: The future of oil sands, shale gas, oil shale and coalbed methane now available at ReportsandReports Unquestionable Telemarketing Services At Unbeatable Price Rates Russian Market of Multi-Layer Ferro-Concrete Panels with Heaters Russian Market of Roofing Materials Russian Market of Underwear Marketing De Réseau – Adopter L'attitude Des Persones Qui Réussissent Akshaya Patra a non- profit - bridging the gender inequality Forex Traders - The overall Talents the overall Minority up of Winners Be afflicted by That Allows Them to Build Massive Profits