« Older Entries
Newer Entries »

How To Succeed At Online Product Creation The Easy Way

Product creation could be a frightening subject for a lot of Internet marketers to face. Some folks who get in the game with the intention of making a full time income are completely ignorant as to how an online business operates. One of the most profitable ways to create online cash is by creating a product that others are happy to pay for.

Product creation is legitimate method of generating money through internet marketing but many entrepreneurs get it wrong. They start by imitating their Internet marketing gurus by creating information products on Internet marketing in hopes of getting rich the way their heroes did. The problem is that they usually don’t know what they are doing and enter a highly competitive niche with very little marketing experience or connections.

Here are a few tips for effective product creation that may help you get on the right track:
Start by finding a profitable niche with low to moderate competition. If you conduct some rudimentary market research and keyword research, you’ll find many opportunities in areas that will surprise you. Amazon and eBay are two great places to brainstorm for product ideas.

Developing Your Product does not have to be a difficult project. You can find experts in the right field for your niche and pay them to write the material while an artist designs the packaging and website or blog. You can outsource the entire product creation part of the project after you conduct the research and testing to ensure profitability.

Sales and marketing strategies should be created while developing the product and learning about the market. Some experienced marketers use pay per click to drive traffic to their offer page; some folks outsource the entire marketing campaign to affiliates through ClickBank or other affiliate programs.

Product creation does not need to be hard, particularly when the merchandise is electronic. E-books, videos, audio and multi-media products sell very well. They are distributed immediately to customers electronically. Once you have a good feel for a niche market, try to service your customers with associated products and upgrades. If you want to earn money online through product creation, you must understand supply and demand. The majority of new online marketers fail miserably because they go after highly competitive markets or forget to research their chosen niche properly. You have to create your products according to the needs, wants and desires of the prospective customers.

Tags:

Gold, One of the Safest Ways to Invest

The precious metals market has always been one of the best ways to invest for virtually every investor. Gold stands at the head of the precious metals market as the most covered and easiest investment to get into. Here are just a few of the ways that gold can protect and build your wealth.

- There are more ways to invest in gold than many other kinds of securities.

The safe-haven investor is made even more safe because of the many ways that there are to invest in the metal. This ensures a high volume on the metal, and the high volume in turn secures a more stable price for the investments of everyone.

You can invest directly in gold bullion in most countries; however, you will need a professional partner in order to protect your investment from the government. If you do not feel like going through this hassle, then you can invest in many derivatives of gold such as exchange traded funds and mutual funds that include gold. These investments may be slightly off of the true value of gold; the derivative investments tend to be affected by the short term attitudes in the market more than gold bullion direct investments. All of these investments are still safer than other securities because they respond much less to short term movements in the market.

In order to decide between the ways to invest in gold, you should consult a professional financial advisor whom you trust. If you want to protect and build your wealth, then you must be sure that you deal with an investment that is within your budget as well as the one that is right for your portfolio.

- The safe-haven investor invests in gold for the long term.

If you are looking for investment that you can keep for a while without having to monitor it, then gold is definitely the investment for you. Most people do not have the time to look over their investments on a day-to-day basis. However, the only investments that truly make money outside of the precious metals market require a great deal of personal management in order to succeed. You get the best of both worlds when you invest in gold – the safety of a precious metal along with the ability to create wealth for yourself while saving time.

- Gold can maintain your portfolio even when the market is going down.

One of the main reasons that people invest in gold is the ability of the precious metal to maintain value and even go up in value during a bear market or recession. Gold is usually the investment that people look to when the dollar is falling. This means that you can actually reverse some of the negative effects of a recession including higher interest rates and a higher cost of living. Once the recession is over, precious metals tend to retain their value. This means that you do not have to sell your holdings once the recession is over – you can keep them as an addition to your net worth.

As one of the safest ways to invest, gold is quickly becoming a staple in the portfolios of many people. In order to get the most value out of the investment, you should start to invest in the product before people begin to truly understand what gold does. Once the general public is made aware of the true nature of the precious metals market, those people will likely flood the market and drive up the price. If you get in ahead of them, then you will reap the benefits of your good decision without having to pay a premium.

Online Open Source Education

Online education is increasingly on the public’s mind with many pursuing higher education during the current tough economic times. Accompanying the growth of the for profit online universities, serving these students, is the open source education movement. This movement, headed by MIT OpenCourseWare and the Khan Academy, seeks to revolutionize education by offering free content to anyone with an internet connection. Bill Gates said in an interview that he believes that within five years the best education will come from the web. Coming from a man who has made billions from investing in innovation, such predictions carry an enormous amount of weight.

There is a huge demand for online education materials, not just for those enrolled in online courses, but for anyone trying to learn. The upcoming generation of college freshman have to think hard to remember a time before Google and YouTube. Therefore, it is not surprising that the first reaction of many young students when faced with a difficult problem is to “Google it.” Interestingly enough, with the plethora of online education materials, it probably is the best strategy. A quick Google search for calculus returns quite a bit more than what one could find in a traditional library. Full textbooks, video lectures, practice problems with solutions, internet forums connecting to thousands of helpful experts, computer programs, and more content growing by the day make a trip to the library seem silly unless you plan on using a library computer to access the internet.

So where is the open source education movement taking us? Despite the enthusiasm of many, I do not foresee the destruction of the over priced higher education system (bubble?) any time soon. Although, it would be an interesting case study to submit a few resumes with a list of watched YouTube videos as one’s education credentials. The open source education movement will have an effect, however, in the industry that produces supplemental education materials. There is a whole section of “Learn Calculus Fast!” style education books that could be disappearing off the shelves of your local book store (if your local book store hasn’t already disappeared). How are they to compete with interactive online materials, video lectures, and discussion forums for these subjects? Quite frankly, I don’t see how they can.

More interesting than the business impact of the open source education movement is the psychology behind it. What is driving people to produce their own YouTube videos solving calculus problems? Or spending their evenings in a forum devoted to organic chemistry, helping students with difficulty understanding the concepts? Economists and psychologists came together to find what motivates people to contribute to open source projects and found three primary motivators. Challenge, mastery, and making a contribution are the driving force behind all open source projects. These three elements are clearly prominent in the case of the open source education movement and one can add in the “joy of teaching” as an additional motivator. It is for these reasons that I agree with Mr. Gates that not only will the best education soon be available on the web, but that it will also be free.

Tags: