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.

Many people are flooding the internet looking for a business opportunity so that they can earn supplemental income, or even replace their day job. One of the typical questions is, how much does it cost to get started? Can I start a business for free?How much it costs for a internet based home-business depends largely on the type of business you decide to go with. If you buy into an existing system, it can cost you anywhere from $25 to $10,000 or more. I encourage you to carefully investigate any opportunity you are considering before making that leap.Unfortunately, with the economy the way it is, and with so many people seemingly desperate to find a way to make more money, the amount of internet home-business scams has increased seemingly exponentially.In addition to people who are outright taking to swindle your dollars in order to make their millions, there are a lot of well-meaning people out there following the advice of the “internet gurus” claiming to be experts on internet marketing when they just started yesterday and probably don’t know any more than you do. They’ll sell you their system for a few bucks and, if they sell enough of them, they’ll achieve their goal of making money. But, will you?Is it possible to earn a living with an internet-based home-business?Yes, it actually is. But, you have to be prepared to work for it. The “work from home a couple of hours a week in your pajamas” myth simply isn’t very realistic. Maybe you can get to that point eventually when you have an established business. But, I guarantee you, there will be work involved before you get there.So, be careful in evaluating any on-line money making system. Google can truly be your best friend. Do a search on the program you are interested in, and in the person who created the program. Don’t just read one article or website, but look at several. If you find a bad review, take it with a grain of salt unless you find a bunch of bad reviews. In that case, the bad news is probably true, and you should steer clear of this “opportunity”.Is it possible to start a business for free?Yes. You will be somewhat limited in what you can do, but starting out for free is actually a sound idea. As you make money from your free business, you can begin to reinvest that money into tools to grow your business and give you more flexibility.Be careful! It’s a jungle out there on the world wide web. But, you can be a successful home-based business entrepreneur with a little bit of knowledge and a lot of work. If you need help getting started, be sure to click on the link below. I review some of the most popular e-books and income systems available, giving you my honest opinion and results gained. Have a question? I respond to every sincere comment and email I receive.