Creating A Product
Creating A Digital Product
There are many informative niches that are next to impossible to find good information about, unless of course you know where to get it. People will pay for this information when they cannot easily find the information for free, or find it all in one place. There are also software solutions that would be beneficial to many users and increase efficiency that could be developed within many industry and niches within these industries..
There are services available that allow you to build a product without having to do the research or write the actual information yourself. You can use services such as Elance or Rent-a-Coder to do the work for you in exchange for a price that is decided upon prior to the work. They are typically much more cost-effective than an expert copywriter or a software developer.
- Elance.com (content research/copyrighting/articles/software/web applications)
- Rentacoder.com (application/website/software development)
- Scriptlance.com (application/website/articles/software)
You then can in turn put your product on a digital product marketplace such as Clickbank.com or Paydotcom.com for a price that you decide upon. Just because you have a product does not mean it will be profitable, however if you promote it properly and fill the void of the niche market there will be great profit potential. Here are some affiliate/merchant networks that specialize in digital products.
Creating a Tangible Product Business
There are still untapped niche markets where people are looking for tangible products. Whether it is toys or sporting equipment, we recommend that once you have found a niche market, that the first place you go with it is eBay. eBay is the largest online marketplace in the world and is the perfect place to try selling products online. Obviously you will have to find a company to provide you with your products (lots of them will ship for you too), but once you have that in place you will be ready to start your own retail business.
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