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Although the weather hasn't been too bad over the weekend, we did have some gales and it was very hard to get anything done outside.
My son came home on Friday, as usual, and brought with him one of the worst colds I have seen in a long time. Both myself and David have come down with it, but touch wood, the girls don't seem to have gotten it yet. Keep your fingers crossed!
We finally got a new Broadband Hub from BT. And it works for the moment.
I have a lot of catching up to do, but hopefully this cold won't last too long and I will be up-to-date soon.
Why is it that successful marketers and online
entrepreneurs seem to have this virtual "6th sense"
when it comes to pinpointing hot, hungry, and highly
profitable markets they can sell products to?
We see this again and again and again.
They seem to have this "Midas touch" when it comes to
selling online. Any product they launch sells like
gangbusters. Every promotion they do balloons their
bank accounts. Every new market they enter becomes a
surefire winner.
But ask them how they tap these hidden goldmines with
an almost impeccable accuracy, and the likely response
you will get is, "I don't know, it just feels right."
There’s a reason.
(Stay with me, because in a moment I’m going to show
you how you can do this yourself, and you don’t have to
be psychic or shell out a lot of money!)
Top marketers do what is often referred to as"viability research." They want to know:
Is there a market out there with a need yet to be
fulfilled? Is that market identifiable, accessible, and
above all, profitable? Is there a product or solution
that can satisfy that need? Can they quickly and easily
turn that need into a burning desire? And more
importantly, will it sell in spite of the competition?
Bottom line, is the market viable?
My beautiful wife, Sylvie Fortin, owns a company called
Workaholics4Hire. For years her company served many of
the top marketers. In fact, that’s how we met. I wrote
copy for the same top marketers who hired her for
outsourcing work.
Guess what’s her most sought-after service?
Aside from customer support and content development,
top marketers have hired her company to conduct"Viability Research." Yes, this intuitive skill top
marketers seem to have in "prospecting for gold"
online.
(An important caveat: "viability research" is not just
your standard keyword research. In fact, keyword
research is only a small piece of the puzzle.)
In our latest multimedia training product for instance,
we offer hundreds of tutorials and streaming lessons
that talk about making money online in just four simple
steps:
Viability Sourcing Website Marketing The first step,"Viability," is the most important one of all.
Why? Because if you ignore, skip over, or fail to carry
out this important first step, then the rest of the
formula falls down the tubes. Not only that, but you
run a much greater risk of failing — and losing a lot
of money and time in the process.
(If you do succeed by simply guessing your way online,
it’s going to be a matter of luck. At best, you won’t
be successful for very long, or you’re going to be
stuck with a lot of refunds. Or both.)
In Success Chef, my wife discusses, in painstaking (yet
practical) detail, the step-by-step process of
conducting proper viability research.
Yes, I did say proper, because there’s a good way to do
it and a bad way. A lot of people do it poorly,
backwards, or incompletely.
(For example, many people will simply stop at keyword
research thinking that, if a keyword is highly searched
for, then there is a demand. Nothing can be further
from the truth. What about competition? What about the
way people want the product?)
The key behind conducting proper viability research is
to answer three mission-critical questions. The first
two are the easiest. (Even so, a lot of people still
ignore them.) The third one is just as important if not
more so.
So what are these three key questions?
Who is your market? What do they want? And how do they
want it? Those are the questions you must ask yourself,
and the questions proper viability research answers for
you — and oftentimes, a whole lot more!
Imagine the amount of money, work, and frustration you
save yourself when you answer these questions,
especially before you launch your next product.
--- About the Author --- Michel Fortin is a direct
response copywriter, marketing strategy consultant, and
instrumental in some of the most lucrative online
businesses and wildly successful marketing campaigns to
ever hit the web. For more articles like this one,
please visit his blog at http://www.michelfortin.com/
and subscribe to his RSS feed.
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