Product Preparation – How do we determine the profitability of our products?

So you're looking for a niche to create a profitable business on the Internet. It opens your favorite keyword research tool and creates a list of the keywords people are looking for. You find a keyword phrase that receives 10 million searches per month. Whether this term is to receive this traffic, it should be profitable. All you have to do is create a product or search for an affiliate product and get it in front of all eyeballs … okay?

Wrong!

Before investing a great time, energy, and money, ask yourself these questions:

Can the information be found free of charge?

This is especially true if a "how" product is. Often, instructions can be found online through Google Search or YouTube Search. For example, if you want to create and sell an eBook for Spanish recipes, you have many free recipes found on the net.

Who are your competitors?

If 1000 people are already selling products in their own slot, it will be very difficult to highlight the crowd. It would be better to carry out more research to find a product that is not that competitive.

Is there a lot of tire kickers?

These are people who do not want to buy anything or seek employment. They waste their time and money.

Do you have any big stores already?

If the product is easily accessible in large stores, customers can get low prices. It will be hard to compete with them, as it has to set a low price, which provides little space to generate profits.

How to Test the Product Promotions Market

A quick and easy way to determine the profitability of a product is to create an AdWords campaign. Choose an affiliate product that is very similar to the product you want to sell and then share some ads in the keyword list generated from the keyword research tool. Set a low budget like $ 1- $ 5 so you can not spend all your money on a single currency. By collecting data over several days or weeks, you can quickly see which keywords have received the most clicks. Remove the keywords that do not receive clicks or impressions.

If you do not get a lot of clicks, the product will not be profitable and will save you a lot of time and money. On the other hand, when you start affiliate marketing from targeted keywords, you know that the product is worth investing in.

Use the ad that gets the most copies on your web copy, if you plan to sell a product on a web site, you already know the ads.

Instead of stopping your keyword research, use Google AdWords for test marketing. Fast, effective and scientific method for determining the profitability of a product.

Source by sbobet