subject: Test Your Market Before Creating a Product [print this page] Test Your Market Before Creating a Product
There are several factors that affect our product launch success and one of the most important is niche. In order to earn good amount of money and to actually make a profit from our product, we have to target niche that has people who are willing to spend money.
It's common sense that you can earn money only if there is big enough demand for your product. So basically what you have to do is testing. You have to test your niche if you want to see if there are enough people interested in your product. Of course, you can choose some other program to test your product. Before you use it, you must make decision how many visitors you would like to have on your website. The second thing you should consider of is how long will last interest for your product.
If you don't do that, you could waste hundreds of working hours and probably money on outsourcing. That's why testing is crucial and that's why it must be done first, before anything else.
If you want to test your niche, first you need to create some kind of a list. It would be wise to offer free report or free series of articles. But before you give them, you should ask for their name and email. Make sure that they confirm their emails.
That is first step in building good relationship. Ask your list for opinion and feedback. I'm sure you can learn a lot from them and tweak your product to satisfy their needs.
If things go well, then you should see if they are willing to pay for your product. So in order to check that out, offer them a discounted price of your product. That should give you general idea of whether they want your information or not. Also, that should give you general idea on how to price your product. And just like in first step, don't forget to capture their names and email addresses.
If you do those things right, you should be able to fully investigate every niche and see if there is potential profit.
