Effective Marketing Strategies in Product Creation

Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.

If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.

Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.

For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.

No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.

There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.

Running an Online Home-Based Business – Your Work Ethic

Unfortunately there is this false notion that operating an online business from home somehow does not call for a healthy work ethic. This is dangerous and if you have bought into this notion, you need to get it out of your head now.Because if you allow yourself to be sold on this myth, you are setting up your online home based business for failure. You see, it is so easy for this myth to be reinforced online.Just take a look in the majority of sales or what is popularly called squeeze pages pushing online business opportunities. There is this false narrative surrounding most of these offers that everyone should or wants to achieve a lot overnight without having to do much of anything.The man who thinks he will not have to work, most likely won’t.Well this could very well be so for quite a number of people who are very mistaken about what it takes to have success in business. But the reality is that if you are going to have any success at all with your online home-based business it requires quite a bit of effort on your part and anything that you see to the contrary is very misleading and even dangerous.Moreover, even if this was remotely true, not everyone wants to be able to sleep late, seven days a week, work 15 minutes per day, play golf or go fishing the rest of the time.Of all the multimillionaires or billionaires you may have heard of, which one of them had this lifestyle before they made their fortune or even now that they have made it big?Not Oprah Winfrey, not Warren Buffett, not Bill Gates, not Donald Trump.In fact these people work very hard and love to work hard. Why would you let a sales page convince you that you will never have to do any hard work?The problem of course is not hard work. The problem is that the type of work you choose to do is hard on you. The solution therefore, is to find something you love to do. And find a way to make money from it. You can do this.Believing in the notion that you will not have to put in the hard work in order to make your online business successful is a dangerous myth.Never having to work hard is a myth that is meant only to play on your emotions. Resist that notion. Your hard work does not have to be hard on you. It can be fun.

New Real Estate Laws and Same Sex Couples

It’s no secret that same sex couples are not created equal. Not only with general discrimination that exists, but being allowed to legally wed (in most states), adding your significant other to your health care plan, or even buying a home together proves to be a challenge. With the new real estate laws and same sex couples, they may now have one up on this jaded system we call “constitutional.”

The Supreme Court has dismissed the existing law that identifies marriage as a joining of a man and a woman. This might be a small step to the general population, but it is huge to gay couples. And while it does not remove all of the other obstacles that they still face, it is a step in the right direction.

So what does this have to do with real estate? Well, the Supreme Court has recently ruled that a portion of the Defense of Marriage Act (DOMA) is unlawful. For gay and married couples, this means changes that will affect the mortgage interest tax deduction and VA Home loans.

Married gay couples, who until now have not been unable to claim this tax deduction, will now be able to file tax returns jointly. In the past, these couples living in states that allowed gay marriage would not allow couples to file joint tax returns. Since this ruling, DOMA must recognize same sex marriage just as a marriage between a man and a woman, and as such, they will now have the same rights when it comes to the mortgage interest tax deduction.

When it comes to VA loans there is still plenty of work to be done. Currently, a married gay veteran who would like to obtain a VA loan cannot include his/her partner as a spouse on the application. This is because the federal rules require the spouse to be of the opposite sex. While a joint loan is possible, if both are veterans, the VA only allows a portion of the loan to married gay applicants. What a way to treat those who service our country, wouldn’t you say?

While we as a country, are nowhere near treating gay couples equally when it comes to the laws and how they are applied to same sex couples and what we call “traditional marriage,” continued small strides and wins are definitely helping.

Perhaps one day we will all be treated equally. While that is too far down the road for any of us see, maybe one day it will happen. Until then, rulings such as this will help ensure that any gay couple who wishes to buy a home is not discriminated against because of their sexual preference.