Wednesday, February 15, 2012

DOLLAR AND COIN: Launching Internet Business with Good ...

What makes a good product? Is there such a thing as a perfect online product? Let?s try to understand some product characteristics that will allow you to identify your perfect online product.

*Availability ? Less is often good, when the product is in abundance, there?s really no point in trying to sell it.

*Deals ? If you can sell a product at really low price, you may have found your good online product.

*Information ? Information sell well online. Books, reports, reference material etc?

*High value products ? An expensive product generates higher margin and with less competition, you might have better chance of succeeding in the war of Pay Per Click.

*Not Junk ? Junks do not sell well.

*Products you understand and love ? these are easier to sell if you have a passion for them.

Another important aspect of launching internet business is to understand the price sensitivity of the online buyer.

Very often, the price of the product is much more important than any other factors, such as convenience, loyalty etc.

The online sales environment is very different to that of then normal walk in store sales. Buyer can move from websites to another very easily and quickly, it is extremely easy to find a low priced product in the internet.

There are also many websites that perform price comparison for you, and people often just ask the program to sort out the lowest priced product and work their way through the online shops one by one.

Understanding this concept tells you that you got to have a really good price product to be in a good competitive position. And if you don?t, many of the marketing techniques won?t work for you.
Launching Internet Business with Good product and Good Price

Source: http://dollar-coin.blogspot.com/2012/02/what-makes-good-product-is-there-such.html

eric cantor eric cantor state of the union sotu boehner john boehner houston weather

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.