Monday, 1 June 2009

How to test your business with market demand

1. Find a hungry market - something that solves a problem, makes or saves money

2. Verify the size of the market through Google Keyword Tool
https://adwords.google.com/select/KeywordToolExternal
Verify whether the market you want to target is big enough for what you want to earn (number of searches per month),
see how much it’s going to cost you to advertise (CPC – cost per click)


3. Check how competitive the market is through Wordtracker
http://www.wordtracker.com/
Wordtracker is really useful research tool and you can test it free for seven days. Pinpoint exactly which keywords are most effective for your campaign.

4. Verify what is already available - search keyword in Google. How well is problem answered? Is information easy to find? Is information available for free?

5. Test - will someone buy your product?
- Create a sales page before you create a product and measure how many people would like to buy or,
- Promote similar affiliate product and see if it sells

If the results are what you want CREATE A PRODUCT!

Good night, and good luck.

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